QuidelOrtho (QDEL) EBIT (2021 - 2024)

QuidelOrtho (QDEL) reported EBIT of -$1.8 billion for Q1 2024, down 1865.06% on a YoY basis from $99.6 million in Q2 2023, and down 184.42% sequentially from -$618.1 million in Q4 2023.

QuidelOrtho (QDEL) EBIT (2021 - 2024) Analysis & Trends

QuidelOrtho (QDEL) has 4 years of EBIT data on file, last reported at -$1.8 billion in Q1 2024.

  • For the quarter ending Q1 2024, EBIT fell 1865.06% year-over-year to -$1.8 billion; the trailing twelve-month figure through Mar 2024 stood at -$2.4 billion (down 531.73% YoY), and the FY2024 full-year result was -$2.0 billion, down 1509.71% from the prior year.
  • EBIT slipped to -$1.8 billion in Q1 2024, from -$618.1 million in the prior quarter.
  • In the past five years, EBIT ranged from a high of $620.7 million in Q2 2022 to a low of -$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.
  • Across the five-year window, EBIT surged 242.06% in 2022 and plunged 1865.06% in 2024, its largest moves.
  • Tracing QDEL's EBIT over 4 years: stood at $281.8 million in 2021, then slumped by 79.84% to $56.8 million in 2022, then tumbled by 1188.2% to -$618.1 million in 2023, then sank by 184.42% to -$1.8 billion in 2024.
  • Business Quant data shows QDEL's EBIT at -$1.8 billion in Q1 2024, -$618.1 million in Q4 2023, and $26.3 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 1.35 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 936.00 Mn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 1.87 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 1.10 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn 477.60 Mn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 255.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 282.15 Mn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 515.00 Mn
9 Smith & Nephew 25.80 Bn 25.22 Bn - -
10 QuidelOrtho 1.13 Bn 990.36 Mn - -

Historic Data

Download Data
DateValue
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