Quest Patent Research (QPRC) Tax Rate (2014 - 2024)
Quest Patent Research (QPRC) posted Tax Rate of 0.84% for Q3 2024, up 102.75% sequentially from 30.7% in Q2 2024.
Quest Patent Research (QPRC) Tax Rate (2014 - 2024) Analysis & Trends
Quest Patent Research has reported Tax Rate for 11 years, with the latest figure at 0.84% in Q3 2024.
- Quarterly Tax Rate changed N/A year-over-year to 0.84% in Q3 2024, while the trailing twelve-month figure through Dec 2024 was 4.22% (down 552.0% YoY) and the FY2025 annual result came in at 21.0%, up 2522.0% from the prior year.
- Tax Rate climbed to 0.84% in Q3 2024 per QPRC's latest filing, from 30.7% in the prior quarter.
- Over five years, Tax Rate peaked at 200.51% in Q4 2021 and troughed at 30.7% in Q2 2024.
- A 5-year average of 14.66% and a median of 0.03% in 2020 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2021 and 2022: Tax Rate surged 17937 bps in 2021, then sank 19762 bps in 2022.
- Over 5 years, Tax Rate stood at 21.13% in 2020, then surged by 849 bps to 200.51% in 2021, then tumbled by 99 bps to 2.89% in 2022, then plunged by 214 bps to 3.3% in 2023, then jumped by 126 bps to 0.84% in 2024.
- According to Business Quant data, Tax Rate over the past three periods registered 0.84%, 30.7%, and 3.3% for Q3 2024, Q2 2024, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.83 Bn | 81.54 Bn | 1.48 Bn | 21.20% |
| 2 | Relx | 65.93 Bn | 65.75 Bn | - | - |
| 3 | Copart | 32.02 Bn | 28.66 Bn | 732.88 Mn | 20.06% |
| 4 | Global Payments | 25.52 Bn | 20.11 Bn | 2.03 Bn | -4.72% |
| 5 | Rb Global | 16.14 Bn | 15.61 Bn | 935.50 Mn | 22.80% |
| 6 | Aramark | 15.54 Bn | 15.04 Bn | 430.34 Mn | 27.92% |
| 7 | UL Solutions | 15.04 Bn | 14.60 Bn | 417.00 Mn | 24.85% |
| 8 | Rentokil Initial | 11.92 Bn | 9.40 Bn | - | - |
| 9 | Dolby Laboratories | 6.10 Bn | 5.43 Bn | 264.68 Mn | 33.33% |
| 10 | Quest Patent Research | 1.33 Mn | 852,615.25 | -348,206.00 | -18.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 0.84% |
| Sep 30, 2024 | 0.84% |
| Sep 30, 2024 | 0.84% |
| Jun 30, 2024 | -30.70% |
| Jun 30, 2024 | -30.70% |
| Jun 30, 2024 | -30.70% |
| Mar 31, 2023 | -3.30% |
| Mar 31, 2023 | -3.30% |
| Mar 31, 2023 | -3.30% |
| Dec 31, 2022 | 2.89% |
| Dec 31, 2022 | 2.89% |
| Dec 31, 2022 | 2.89% |
| Mar 31, 2022 | -8.60% |
| Mar 31, 2022 | -8.60% |
| Mar 31, 2022 | -8.60% |
| Dec 31, 2021 | 200.51% |
| Dec 31, 2021 | 200.51% |
| Dec 31, 2021 | 200.51% |
| Jun 30, 2021 | -0.23% |
| Jun 30, 2021 | -0.23% |