QuidelOrtho (QDEL) EBIT Margin (2021 - 2024)
QuidelOrtho (QDEL) posted EBIT Margin of 247.26% for Q1 2024, down 7094.66% sequentially from 3.53% in Q4 2023, and down 25903.0% YoY from N/an in Q2 2023.
QuidelOrtho (QDEL) EBIT Margin (2021 - 2024) Analysis & Trends
QuidelOrtho has reported EBIT Margin for 4 years, with the latest figure at 247.26% in Q1 2024.
- Quarterly EBIT Margin fell 25903.0% year-over-year to 247.26% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 80.13% (down 9587.0% YoY) and the FY2024 annual result came in at 70.46%, down 7510.0% from the prior year.
- EBIT Margin fell to 247.26% in Q1 2024 per QDEL's latest filing, from 3.53% in the prior quarter.
- Over five years, EBIT Margin peaked at 61.93% in Q2 2022 and troughed at 247.26% in Q1 2024.
- A 4-year average of 6.0% and a median of 11.58% in 2022 frame the typical range for EBIT Margin.
- The sharpest annual moves came in 2022 and 2024: EBIT Margin plunged 181 bps in 2022, then slumped 25903 bps in 2024.
- Over 4 years, EBIT Margin stood at 55.28% in 2021, then tumbled by 87 bps to 7.25% in 2022, then tumbled by 51 bps to 3.53% in 2023, then tumbled by 7095 bps to 247.26% in 2024.
- According to Business Quant data, EBIT Margin over the past three periods registered 247.26%, 3.53%, and 4.04% for Q1 2024, Q4 2023, and Q3 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 13.44% |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 25.18% |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 21.65% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 29.48% |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 24.33% |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 13.96% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | 10.30% |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 19.15% |
| 10 | QuidelOrtho | 1.03 Bn | 908.95 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -247.26% |
| Oct 1, 2023 | 3.53% |
| Jul 2, 2023 | -4.04% |
| Apr 2, 2023 | 11.77% |
| Jan 1, 2023 | 26.98% |
| Oct 2, 2022 | 7.25% |
| Jul 3, 2022 | 11.38% |
| Apr 3, 2022 | 61.93% |
| Oct 3, 2021 | 55.28% |
| Jul 4, 2021 | 13.19% |