Co-Diagnostics (CODX) FCF Margin (2017 - 2025)
Co-Diagnostics' FCF Margin came in at -2398.92% for Q4 2025, up 3162.10 percentage points from -5561.02% a year earlier and up 1714.23 percentage points from the prior quarter.
Co-Diagnostics (CODX) FCF Margin (2017 - 2025) Analysis & Trends
For FY2025, Co-Diagnostics' FCF Margin 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 Q4 2025 figure represents the highest quarterly FCF Margin since Q3 2024.
- Year-over-year, FCF Margin increased in two of the last eight quarters, with an average year-over-year change of -3116.45 percentage points.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2025 (a gain of 3162.10 percentage points), and the weakest in Q1 2025 (a drop of 15676.15 percentage points).
- Business Quant data shows CODX's FCF Margin at -4113.14% (Q3 2025), -5333.55% (Q2 2025) and -17576.88% (Q1 2025) in the three quarters before Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.13 Bn | 229.16 Bn | 4.88 Bn | 13.97% |
| 2 | Abbott Laboratories | 180.31 Bn | 150.74 Bn | 7.27 Bn | 15.81% |
| 3 | Danaher | 162.34 Bn | 146.15 Bn | 3.61 Bn | 20.19% |
| 4 | Intuitive Surgical | 158.13 Bn | 138.42 Bn | 2.08 Bn | 36.44% |
| 5 | Medtronic | 122.37 Bn | 87.63 Bn | 6.34 Bn | 13.22% |
| 6 | Stryker | 117.89 Bn | 104.00 Bn | 4.50 Bn | 16.07% |
| 7 | Boston Scientific | 67.15 Bn | 61.92 Bn | 3.85 Bn | 23.50% |
| 8 | Becton Dickinson | 54.68 Bn | 51.83 Bn | 2.32 Bn | 12.70% |
| 9 | Edwards Lifesciences | 51.43 Bn | 35.44 Bn | 1.35 Bn | 33.60% |
| 10 | Co-Diagnostics | 2.30 Mn | -38.04 Mn | 120,828.00 | - |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 37.68% |
| Jun 30, 2021 | 44.53% |
| Mar 31, 2021 | 60.58% |
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_KEY
import 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();