QuidelOrtho (QDEL) FCF Margin (2021 - 2024)
QuidelOrtho (QDEL) reported FCF Margin of 9.4% for Q1 2024, down 2392.0% on a YoY basis from 0.41% in Q2 2023, and down 3578.97% sequentially from 0.26% in Q4 2023.
QuidelOrtho (QDEL) FCF Margin (2021 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 4 years of FCF Margin data on file, last reported at 9.4% in Q1 2024.
- For the quarter ending Q1 2024, FCF Margin fell 2392.0% year-over-year to 9.4%; the trailing twelve-month figure through Mar 2024 stood at 4.01% (down 2241.0% YoY), and the FY2024 full-year result was 4.03%, down 639.0% from the prior year.
- FCF Margin declined to 9.4% in Q1 2024, 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.
- A 4-year average of 11.3% and a median of 0.26% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin sank 3320 bps in 2023 and plunged 2392 bps in 2024, its largest moves.
- Tracing QDEL's FCF Margin over 4 years: stood at 5.87% in 2021, then soared by 914 bps to 47.73% in 2022, then sank by 101 bps to 0.26% in 2023, then slumped by 3579 bps to 9.4% in 2024.
- Business Quant data shows QDEL's FCF Margin at 9.4% in Q1 2024, 0.26% in Q4 2023, and 12.31% in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 8.20% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 6.89% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 21.26% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 3.29% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | -1.28% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 37.67% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 6.68% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 2.18% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | QuidelOrtho | 1.13 Bn | 990.36 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% |