QuidelOrtho (QDEL) EBIT (2021 - 2024)
QuidelOrtho recorded quarterly EBIT of -$1.8 billion in Q1 2024, down 184.42% quarter-over-quarter from -$618.1 million in Q4 2023, and down 1865.06% year-over-year from $99.6 million in Q2 2023.
QuidelOrtho's EBIT history runs 4 years deep, the most recent figure standing at -$1.8 billion for Q1 2024.
- In Q1 2024, EBIT fell 1865.06% year-over-year to -$1.8 billion; the TTM figure through Mar 2024 stood at -$2.4 billion (down 531.73% YoY), while the FY2024 annual figure was -$2.0 billion, down 1509.71% from the prior year.
- EBIT came in at -$1.8 billion for Q1 2024 at QuidelOrtho, down 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 soared 242.06% in 2022 and sank 1865.06% in 2024, its largest moves.
- QuidelOrtho's EBIT stood at $281.8 million in 2021, then plunged by 79.84% to $56.8 million in 2022, then sank by 1188.2% to -$618.1 million in 2023, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 1.35 Bn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 936.00 Mn |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 1.46 Bn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 1.10 Bn |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 477.60 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 282.15 Mn |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 255.30 Mn |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 515.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 316.80 Mn |
| 10 | QuidelOrtho | 898.19 Mn | 757.79 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 |