Quest Patent Research (QPRC) Tax Rate (2014 - 2024)

Quest Patent Research (QPRC) reported 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 (QPRC) has 11 years of Tax Rate data on file, last reported at 0.84% in Q3 2024.

  • For the quarter ending Q3 2024, Tax Rate changed N/A year-over-year to 0.84%; the trailing twelve-month figure through Dec 2024 stood at 4.22% (down 552.0% YoY), and the FY2025 full-year result was 21.0%, up 2522.0% from the prior year.
  • Tax Rate climbed to 0.84% in Q3 2024, from 30.7% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 200.51% in Q4 2021 to a low of 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.
  • Across the five-year window, Tax Rate soared 17937 bps in 2021 and tumbled 19762 bps in 2022, its largest moves.
  • Tracing QPRC's Tax Rate over 5 years: stood at 21.13% in 2020, then surged by 849 bps to 200.51% in 2021, then plunged by 99 bps to 2.89% in 2022, then sank by 214 bps to 3.3% in 2023, then jumped by 126 bps to 0.84% in 2024.
  • Business Quant data shows QPRC's Tax Rate at 0.84% in Q3 2024, 30.7% in Q2 2024, and 3.3% in Q1 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Cintas 81.31 Bn 81.12 Bn 1.45 Bn 20.55%
2 Rentokil Initial 73.75 Bn 71.25 Bn - -
3 Relx 60.28 Bn 60.04 Bn - -
4 Thomson Reuters 38.09 Bn 37.23 Bn - -19.56%
5 Copart 25.18 Bn 21.85 Bn 732.88 Mn 20.06%
6 Global Payments 21.29 Bn 16.10 Bn 1.70 Bn 5.27%
7 Rb Global 20.33 Bn 20.14 Bn 927.90 Mn 21.71%
8 UL Solutions 17.42 Bn 17.18 Bn 381.00 Mn 24.81%
9 Aramark 15.00 Bn 14.59 Bn 426.39 Mn 25.72%
10 Quest Patent Research 2.35 Mn 1.73 Mn -1.71 Mn -

Historic Data

Download Data
DateValue
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%