Q32 Bio (QTTB) Tax Rate (2021 - 2024)

Q32 Bio's (QTTB) quarterly Tax Rate came in at 0.15% in Q4 2024, up 104.0% year-on-year from 0.07% in Q1 2024, and up 87.5% quarter-over-quarter from 1.19% in Q4 2023.

Q32 Bio (QTTB) Tax Rate (2021 - 2024) Analysis & Trends

Q32 Bio's Tax Rate history runs 4 years deep, the most recent figure standing at 0.15% for Q4 2024.

  • On a quarterly basis, Tax Rate rose 104.0% year-over-year to 0.15% in Q4 2024; TTM through Jun 2025 was 0.04%, a 54.0% increase from a year earlier, with the FY2024 full-year figure at 0.05%, up 55.0% from the prior year.
  • Tax Rate improved to 0.15% in Q4 2024 per QTTB's latest filing, from 1.19% in the prior quarter.
  • Across five years, Tax Rate topped out at 59.88% in Q4 2021 and bottomed at 4.59% in Q4 2022.
  • The 4-year median for Tax Rate is 0.15% (2024), against an average of 7.78%.
  • Across the five-year window, Tax Rate sank 6447 bps in 2022 and surged 340 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 59.88% in 2021, then plunged by 108 bps to 4.59% in 2022, then soared by 74 bps to 1.19% in 2023, then surged by 88 bps to 0.15% in 2024.
  • Per Business Quant, the three latest QTTB Tax Rate figures stand at 0.15% (Q4 2024), 1.19% (Q4 2023), and 4.59% (Q4 2022).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -0.34%
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - -
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 12.29%
4 NuCana 279.75 Bn 279.75 Bn - -5.41%
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn 17.68%
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 12.51%
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn 33.09%
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Q32 Bio 225.00 Mn 174.25 Mn - -

Historic Data

Download Data
DateValue
Dec 31, 2024 -0.15%
Dec 31, 2024 -0.15%
Dec 31, 2024 -0.15%
Dec 31, 2023 -1.19%
Dec 31, 2023 -1.19%
Dec 31, 2023 -1.19%
Dec 31, 2022 -4.59%
Dec 31, 2022 -4.59%
Dec 31, 2022 -4.59%
Sep 30, 2022 -0.15%
Sep 30, 2022 -0.15%
Sep 30, 2022 -0.15%
Jun 30, 2022 -0.38%
Jun 30, 2022 -0.38%
Jun 30, 2022 -0.38%
Mar 31, 2022 1.03%
Mar 31, 2022 1.03%
Mar 31, 2022 1.03%
Dec 31, 2021 59.88%
Dec 31, 2021 59.88%