QuidelOrtho (QDEL) FCF Margin (2021 - 2024)
QuidelOrtho's (QDEL) quarterly FCF Margin came in at 9.4% in Q1 2024, down 2392.0% year-over-year from 0.41% in Q2 2023, and down 3578.97% quarter-over-quarter from 0.26% in Q4 2023.
Analysis
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.
- In Q1 2024, FCF Margin fell 2392.0% year-over-year to 9.4%; the TTM figure through Mar 2024 stood at 4.01% (down 3524.0% YoY), while the FY2024 annual figure 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.
- Average FCF Margin over 4 years is 11.3%, with a median of 0.26% recorded in 2023.
- Year-over-year, FCF Margin slumped 3320 bps in 2023 and sank 2392 bps in 2024.
- Over 4 years, FCF Margin stood at 5.87% in 2021, then jumped by 914 bps to 47.73% in 2022, then slumped by 101 bps to 0.26% in 2023, then tumbled by 3579 bps to 9.4% in 2024.
- Per Business Quant data, the three most recent FCF Margin figures were 9.4% in Q1 2024, 0.26% in Q4 2023, and 12.31% in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.61 Bn | 27.50 Bn | 2.18 Bn | 1.28% |
| 2 | Lantheus Holdings | 6.58 Bn | 5.99 Bn | 241.86 Mn | 23.15% |
| 3 | Heartflow | 4.10 Bn | 3.73 Bn | 53.19 Mn | - |
| 4 | Neogen | 2.58 Bn | 2.40 Bn | 107.80 Mn | 11.63% |
| 5 | Butterfly Network | 1.99 Bn | 1.86 Bn | 23.29 Mn | -52.87% |
| 6 | Ceribell | 924.56 Mn | 795.30 Mn | 25.94 Mn | -45.84% |
| 7 | QuidelOrtho | 876.63 Mn | 753.23 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 5.70% |
| 9 | Prenetics Global | 341.11 Mn | 282.06 Mn | 30.20 Mn | -44.43% |
| 10 | CapsoVision | 318.10 Mn | 309.03 Mn | 1.87 Mn | - |
Historic Data
Download Data
Historic 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% |