QuidelOrtho (QDEL) EBIT Margin (2021 - 2024)
QuidelOrtho recorded quarterly EBIT Margin of 247.26% in Q1 2024, down 7094.66% quarter-over-quarter from 3.53% in Q4 2023, and down 25903.0% year-over-year from N/an in Q2 2023.
QuidelOrtho's EBIT Margin history runs 4 years deep, the most recent figure standing at 247.26% for Q1 2024.
- In Q1 2024, EBIT Margin fell 25903.0% year-over-year to 247.26%; the TTM figure through Mar 2024 stood at 80.13% (down 9587.0% YoY), while the FY2024 annual figure was 70.46%, down 7510.0% from the prior year.
- EBIT Margin came in at 247.26% for Q1 2024 at QuidelOrtho, down from 3.53% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 61.93% in Q2 2022 to a low of 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.
- Across the five-year window, EBIT Margin tumbled 181 bps in 2022 and sank 25903 bps in 2024, its largest moves.
- QuidelOrtho's EBIT Margin stood at 55.28% in 2021, then slumped by 87 bps to 7.25% in 2022, then slumped by 51 bps to 3.53% in 2023, then slumped 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 16.24% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 28.97% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.17% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 21.42% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 10.04% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 19.94% |
| 10 | QuidelOrtho | 898.19 Mn | 757.79 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% |