QuidelOrtho (QDEL) FCF Margin (2021 - 2024)
QuidelOrtho's (QDEL) quarterly FCF Margin came in at 9.4% in Q1 2024, down 2392.0% year-on-year from 0.41% in Q2 2023, and down 3578.97% quarter-over-quarter from 0.26% in Q4 2023.
QuidelOrtho (QDEL) FCF Margin (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed FCF Margin across 4 years of filings, most recently posting 9.4% for Q1 2024.
- FCF Margin for Q1 2024 came in at 9.4%, down 2392.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 4.01% (down 2241.0% YoY), and the FY2024 annual result was 4.03%, down 639.0% from the prior year.
- FCF Margin came in at 9.4% for Q1 2024 at QuidelOrtho, down from 0.26% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 47.73% in Q2 2022 to a low of 12.31% in Q3 2023.
- The 4-year median for FCF Margin is 0.26% (2023), against an average of 11.3%.
- Across the five-year window, FCF Margin tumbled 3320 bps in 2023 and slumped 2392 bps in 2024, its largest moves.
- QuidelOrtho's FCF Margin stood at 5.87% in 2021, then jumped by 914 bps to 47.73% in 2022, then plunged by 101 bps to 0.26% in 2023, then sank by 3579 bps to 9.4% in 2024.
- The last three FCF Margin figures came in at 9.4% (Q1 2024), 0.26% (Q4 2023), and 12.31% (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 8.20% |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 6.89% |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 25.51% |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 3.29% |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | -1.28% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 6.68% |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | 37.67% |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 3.98% |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 15.44% |
| 10 | QuidelOrtho | 934.34 Mn | 793.94 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -9.40% |
| Oct 1, 2023 | -0.26% |
| Jul 2, 2023 | -12.31% |
| Apr 2, 2023 | 14.53% |
| Jan 1, 2023 | 44.65% |
| Apr 3, 2022 | 47.73% |
| Oct 3, 2021 | -5.87% |