QuidelOrtho (QDEL) EBIT Margin (2021 - 2024)
QuidelOrtho's (QDEL) quarterly EBIT Margin came in at 247.26% in Q1 2024, down 25903.0% year-over-year from N/an in Q2 2023, and down 7094.66% quarter-over-quarter from 3.53% in Q4 2023.
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QuidelOrtho (QDEL) EBIT Margin (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed EBIT Margin across 4 years of filings, most recently posting 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 57.94% (down 7368.0% 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.
- Average EBIT Margin over 4 years is 6.0%, with a median of 11.58% recorded in 2022.
- Year-over-year, EBIT Margin tumbled 181 bps in 2022 and sank 25903 bps in 2024.
- Over 4 years, EBIT Margin stood at 55.28% in 2021, then sank by 87 bps to 7.25% in 2022, then sank by 51 bps to 3.53% in 2023, then sank by 7095 bps to 247.26% in 2024.
- Per Business Quant data, the three most recent EBIT Margin figures were 247.26% in Q1 2024, 3.53% in Q4 2023, and 4.04% in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.80 Bn | 27.69 Bn | 2.18 Bn | 13.96% |
| 2 | Lantheus Holdings | 6.58 Bn | 5.98 Bn | 241.86 Mn | 25.82% |
| 3 | Heartflow | 4.13 Bn | 3.75 Bn | 53.19 Mn | -27.93% |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | 1.38% |
| 5 | Butterfly Network | 1.98 Bn | 1.85 Bn | 23.29 Mn | -41.90% |
| 6 | Ceribell | 924.18 Mn | 794.92 Mn | 25.94 Mn | -71.11% |
| 7 | QuidelOrtho | 878.34 Mn | 754.94 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 10.83% |
| 9 | Prenetics Global | 338.80 Mn | 279.75 Mn | 30.20 Mn | -45.13% |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | -208.07% |
Historic Data
Download Data
Historic 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% |