Balance Sheet
Cash Flow Statement
Growth Metrics
Income Statement
Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome towards Parent CompanyInterest ExpensesInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)
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Ratios

Quest Patent Research (QPRC) Tax Rate (2016 - 2024)

Quest Patent Research (QPRC) has disclosed Tax Rate for 11 consecutive years, with 0.84% as the latest value for Q3 2024.

  • Quarterly Tax Rate changed N/A to 0.84% in Q3 2024 from the year-ago period, while the trailing twelve-month figure was 4.22% through Dec 2024, down 552.0% year-over-year, with the annual reading at 4.22% for FY2024, 552.0% down from the prior year.
  • Tax Rate hit 0.84% in Q3 2024 for Quest Patent Research, up from 30.7% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 21.13% in Q4 2020 to a low of 30.7% in Q2 2024.
  • Historically, Tax Rate has averaged 3.92% across 5 years, with a median of 0.13% in 2021.
  • Biggest five-year swings in Tax Rate: skyrocketed 2531bps in 2020 and later plummeted -860bps in 2022.
  • Year by year, Tax Rate stood at 21.13% in 2020, then crashed by -101bps to 0.23% in 2021, then soared by 1364bps to 2.89% in 2022, then crashed by -214bps to 3.3% in 2023, then skyrocketed by 126bps to 0.84% in 2024.
  • Business Quant data shows Tax Rate for QPRC at 0.84% in Q3 2024, 30.7% in Q2 2024, and 3.3% in Q1 2023.