Co-Diagnostics (CODX) FCF Margin (2017 - 2026)
Co-Diagnostics' FCF Margin came in at -2014.62% for Q3 2026, up 2098.52 percentage points from -4113.14% a year earlier and up 2392.34 percentage points from the prior quarter.
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Analysis
Co-Diagnostics (CODX) FCF Margin (2017 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Co-Diagnostics reported FCF Margin of -3183.17%, up 3079.91 percentage points year-over-year; for FY2025, it was -4793.17%, down 4029.39 percentage points from FY2024.
- FCF Margin has declined in each of the last four years, with a five-year change of -4829.91 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was -763.78% in FY2024 (-419.58 pp), -344.20% in FY2023 (-359.23 pp), 15.02% in FY2022 (-26.26 pp) and 41.28% in FY2021 (+4.54 pp).
- The Q3 2026 figure represents the highest quarterly FCF Margin since Q3 2024.
- Year-over-year, FCF Margin has increased for four consecutive quarters, with an average year-over-year change of -1361.38 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q1 2026 (a gain of 12103.72 percentage points), and the weakest in Q1 2025 (a drop of 15676.15 percentage points).
- Business Quant data shows CODX's FCF Margin at -4406.96% (Q2 2026), -5473.16% (Q1 2026) and -2398.92% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 17.41% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 9.41% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 24.89% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | 36.44% |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 18.77% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 16.89% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 29.54% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 11.25% |
| 10 | Co-Diagnostics | 1.90 Mn | -22.58 Mn | -20,463.00 | -2,014.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -2,014.62% |
| Jun 30, 2026 | -4,406.96% |
| Mar 31, 2026 | -5,473.16% |
| Dec 31, 2025 | -2,398.92% |
| Sep 30, 2025 | -4,113.14% |
| Jun 30, 2025 | -5,333.55% |
| Mar 31, 2025 | -17,576.88% |
| Dec 31, 2024 | -5,561.02% |
| Sep 30, 2024 | -1,154.81% |
| Jun 30, 2024 | -199.59% |
| Mar 31, 2024 | -1,900.73% |
| Dec 31, 2023 | -147.48% |
| Sep 30, 2023 | -244.26% |
| Jun 30, 2023 | -3,086.23% |
| Mar 31, 2023 | -1,012.94% |
| Dec 31, 2022 | -307.04% |
| Sep 30, 2022 | 17.44% |
| Jun 30, 2022 | 22.83% |
| Mar 31, 2022 | 32.64% |
| Dec 31, 2021 | 23.32% |
API Access
Co-Diagnostics FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=CODX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "CODX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=CODX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();