QuidelOrtho QDEL
NASDAQ QDEL
$12.63 -0.75 (-5.61%)
As of: Sep 9, 2026 · 3:59 PM EDT

QuidelOrtho (QDEL) Asset Utilization Ratio (2022 - 2024)

QuidelOrtho's (QDEL) quarterly Asset Utilization Ratio came in at 0.39 in Q1 2024, down 1.93% year-over-year from 0.4 in Q2 2023, and down 2.92% quarter-over-quarter from 0.4 in Q4 2023.

Analysis

QuidelOrtho (QDEL) Asset Utilization Ratio (2022 - 2024) Analysis & Trends

QuidelOrtho has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 0.39 for Q1 2024.

  • In Q1 2024, Asset Utilization Ratio fell 1.93% year-over-year to 0.39; the TTM figure through Mar 2024 stood at 0.39 (down 1.93% YoY), while the FY2024 annual figure was 0.37, up 7.9% from the prior year.
  • Asset Utilization Ratio came in at 0.39 for Q1 2024 at QuidelOrtho, down from 0.4 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.42 in Q1 2023 to a low of 0.34 in Q4 2022.
  • Average Asset Utilization Ratio over 3 years is 0.39, with a median of 0.4 recorded in 2023.
  • Year-over-year, Asset Utilization Ratio increased 16.75% in 2023 and slipped 1.93% in 2024.
  • Over 3 years, Asset Utilization Ratio stood at 0.34 in 2022, then rose by 16.75% to 0.4 in 2023, then slipped by 2.92% to 0.39 in 2024.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.39 in Q1 2024, 0.4 in Q4 2023, and 0.4 in Q3 2023.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 GE HealthCare Technologies 29.54 Bn 27.44 Bn 2.18 Bn 0.57
2 Lantheus Holdings 6.56 Bn 5.97 Bn 241.86 Mn 0.65
3 Heartflow 4.04 Bn 3.66 Bn 53.19 Mn 0.58
4 Neogen 2.59 Bn 2.41 Bn 107.80 Mn 0.26
5 Butterfly Network 1.96 Bn 1.84 Bn 23.29 Mn 0.39
6 Ceribell 928.74 Mn 799.48 Mn 25.94 Mn 0.59
7 QuidelOrtho 866.04 Mn 742.64 Mn - -
8 Varex Imaging 779.06 Mn 679.86 Mn 76.70 Mn 0.79
9 Prenetics Global 339.99 Mn 280.94 Mn 30.20 Mn 0.85
10 CapsoVision 318.60 Mn 309.52 Mn 1.87 Mn 0.78
Historic Data

Historic Data

Download Data
DateValue
Mar 31, 2024 0.39
Oct 1, 2023 0.40
Jul 2, 2023 0.40
Apr 2, 2023 0.40
Jan 1, 2023 0.42
Oct 2, 2022 0.34