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| 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% |