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
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%