QuidelOrtho (QDEL) EBIT (2021 - 2024)
QuidelOrtho (QDEL) posted EBIT of -$1.8 billion for Q1 2024, down 184.42% sequentially from -$618.1 million in Q4 2023, and down 1865.06% YoY from $99.6 million in Q2 2023.
QuidelOrtho (QDEL) EBIT (2021 - 2024) Analysis & Trends
QuidelOrtho has reported EBIT for 4 years, with the latest figure at -$1.8 billion in Q1 2024.
- Quarterly EBIT fell 1865.06% year-over-year to -$1.8 billion in Q1 2024, while the trailing twelve-month figure through Mar 2024 was -$2.4 billion (down 531.73% YoY) and the FY2024 annual result came in at -$2.0 billion, down 1509.71% from the prior year.
- EBIT slipped to -$1.8 billion in Q1 2024 per QDEL's latest filing, from -$618.1 million in the prior quarter.
- Over five years, EBIT peaked at $620.7 million in Q2 2022 and troughed at -$1.8 billion in Q1 2024.
- A 4-year average of -$81.9 million and a median of $56.8 million in 2022 frame the typical range for EBIT.
- The sharpest annual moves came in 2022 and 2024: EBIT jumped 242.06% in 2022, then slumped 1865.06% in 2024.
- Over 4 years, EBIT stood at $281.8 million in 2021, then sank by 79.84% to $56.8 million in 2022, then slumped by 1188.2% to -$618.1 million in 2023, then plunged by 184.42% to -$1.8 billion in 2024.
- According to Business Quant data, EBIT over the past three periods registered -$1.8 billion, -$618.1 million, and $26.3 million for Q1 2024, Q4 2023, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.08 Bn | 194.48 Bn | 7.27 Bn | 1.69 Bn |
| 2 | Stryker | 129.71 Bn | 126.23 Bn | 4.50 Bn | 1.66 Bn |
| 3 | Medtronic | 120.07 Bn | 110.85 Bn | 6.41 Bn | 1.87 Bn |
| 4 | Boston Scientific | 74.08 Bn | 73.54 Bn | 3.85 Bn | 1.18 Bn |
| 5 | Edwards Lifesciences | 52.68 Bn | 48.43 Bn | 1.35 Bn | 513.20 Mn |
| 6 | Dexcom | 34.51 Bn | 32.56 Bn | 830.00 Mn | 318.30 Mn |
| 7 | GE HealthCare Technologies | 34.03 Bn | 31.92 Bn | 2.18 Bn | 739.00 Mn |
| 8 | Koninklijke Philips | 26.51 Bn | 23.19 Bn | 4.55 Bn | 989.17 Mn |
| 9 | Steris | 23.20 Bn | 22.72 Bn | 684.20 Mn | 285.80 Mn |
| 10 | QuidelOrtho | 997.18 Mn | 873.78 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -1.76 Bn |
| Dec 31, 2023 | -618.10 Mn |
| Oct 1, 2023 | 26.30 Mn |
| Jul 2, 2023 | -26.90 Mn |
| Apr 2, 2023 | 99.60 Mn |
| Jan 1, 2023 | 314.40 Mn |
| Oct 2, 2022 | 56.80 Mn |
| Jul 3, 2022 | 79.70 Mn |
| Apr 3, 2022 | 620.70 Mn |
| Oct 3, 2021 | 281.80 Mn |
| Jul 4, 2021 | 23.30 Mn |