QuidelOrtho (QDEL) Debt Ratio (2022 - 2026)
QuidelOrtho's (QDEL) quarterly Debt Ratio came in at 0.51 in Q2 2026, up 23.81% year-over-year from 0.41 in Q2 2025, and up 5.93% quarter-over-quarter from 0.48 in Q1 2026.
Analysis
QuidelOrtho (QDEL) Debt Ratio (2022 - 2026) Analysis & Trends
QuidelOrtho has disclosed Debt Ratio across 5 years of filings, most recently posting 0.51 for Q2 2026.
- In Q2 2026, Debt Ratio rose 23.81% year-over-year to 0.51; the TTM figure through Jun 2026 stood at 0.51 (up 23.81% YoY), while the FY2025 annual figure was 0.46, up 18.83% from the prior year.
- Debt Ratio came in at 0.51 for Q2 2026 at QuidelOrtho, up from 0.48 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.51 in Q2 2026 to a low of 0.0 in Q1 2022.
- Average Debt Ratio over 5 years is 0.27, with a median of 0.37 recorded in 2024.
- The largest YoY upside for Debt Ratio was 241253.1% in 2023 against a maximum downside of 5.77% in 2023.
- Over 5 years, Debt Ratio stood at 0.02 in 2022, then surged by 1075.65% to 0.28 in 2023, then jumped by 37.09% to 0.39 in 2024, then gained by 18.83% to 0.46 in 2025, then rose by 10.12% to 0.51 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.51 in Q2 2026, 0.48 in Q1 2026, and 0.46 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.54 Bn | 27.44 Bn | 2.18 Bn | 0.27 |
| 2 | Lantheus Holdings | 6.56 Bn | 5.97 Bn | 241.86 Mn | 0.24 |
| 3 | Heartflow | 4.04 Bn | 3.66 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.59 Bn | 2.41 Bn | 107.80 Mn | 0.24 |
| 5 | Butterfly Network | 1.96 Bn | 1.84 Bn | 23.29 Mn | - |
| 6 | Ceribell | 928.74 Mn | 799.48 Mn | 25.94 Mn | 0.12 |
| 7 | QuidelOrtho | 866.04 Mn | 742.64 Mn | - | 0.51 |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 0.33 |
| 9 | Prenetics Global | 339.99 Mn | 280.94 Mn | 30.20 Mn | - |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 28, 2026 | 0.51 |
| Mar 29, 2026 | 0.48 |
| Dec 28, 2025 | 0.46 |
| Sep 28, 2025 | 0.47 |
| Jun 29, 2025 | 0.41 |
| Mar 30, 2025 | 0.39 |
| Dec 29, 2024 | 0.39 |
| Sep 29, 2024 | 0.37 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.36 |
| Dec 31, 2023 | 0.28 |
| Oct 1, 2023 | 0.02 |
| Jul 2, 2023 | 0.02 |
| Apr 2, 2023 | 0.02 |
| Jan 1, 2023 | 0.30 |
| Oct 2, 2022 | 0.02 |
| Jul 3, 2022 | 0.02 |
| Jan 2, 2022 | 0.00 |