Q32 Bio (QTTB) Tax Rate (2021 - 2024)
Q32 Bio (QTTB) posted quarterly Tax Rate of 0.15% for Q4 2024, up 104.0% year-over-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.
- In Q4 2024, Tax Rate rose 104.0% year-over-year to 0.15%; the TTM figure through Jun 2025 stood at 0.04% (up 54.0% YoY), while the FY2024 annual figure was 0.05%, up 55.0% from the prior year.
- Tax Rate for Q4 2024 stood at 0.15%, up from 1.19% in the prior quarter.
- The five-year high for Tax Rate was 59.88% in Q4 2021, with the low at 4.59% in Q4 2022.
- The 4-year median for Tax Rate is 0.15% (2024), against an average of 7.78%.
- The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 6447 bps in 2022, then surged 340 bps in 2023.
- Q32 Bio's Tax Rate stood at 59.88% in 2021, then sank by 108 bps to 4.59% in 2022, then surged by 74 bps to 1.19% in 2023, then jumped by 88 bps to 0.15% in 2024.
- Business Quant data shows QTTB's Tax Rate at 0.15% in Q4 2024, 1.19% in Q4 2023, and 4.59% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertex Pharmaceuticals | 128.13 Bn | 120.28 Bn | 2.84 Bn | 20.98% |
| 2 | Regeneron Pharmaceuticals | 112.33 Bn | 104.33 Bn | 3.93 Bn | 15.11% |
| 3 | Argenx Se | 53.24 Bn | 48.05 Bn | 1.41 Bn | 10.91% |
| 4 | Revolution Medicines | 43.64 Bn | 43.64 Bn | - | - |
| 5 | BeOne Medicines | 39.27 Bn | 34.17 Bn | 1.53 Bn | 24.15% |
| 6 | MindWalk Holdings | 35.32 Bn | 35.31 Bn | 1.82 Bn | -9.47% |
| 7 | Royalty Pharma | 33.72 Bn | 35.84 Bn | - | - |
| 8 | Alnylam Pharmaceuticals | 30.58 Bn | 27.27 Bn | 992.69 Mn | 7.49% |
| 9 | Insmed | 27.01 Bn | 25.85 Bn | 358.27 Mn | -16.71% |
| 10 | Q32 Bio | 359.61 Mn | 253.31 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |