QuidelOrtho (QDEL) FCF Margin (2021 - 2024)
QuidelOrtho (QDEL) posted FCF Margin of 9.4% for Q1 2024, down 3578.97% sequentially from 0.26% in Q4 2023, and down 2392.0% YoY from 0.41% in Q2 2023.
QuidelOrtho (QDEL) FCF Margin (2021 - 2024) Analysis & Trends
QuidelOrtho has reported FCF Margin for 4 years, with the latest figure at 9.4% in Q1 2024.
- Quarterly FCF Margin fell 2392.0% year-over-year to 9.4% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 4.01% (down 2241.0% YoY) and the FY2024 annual result came in at 4.03%, down 639.0% from the prior year.
- FCF Margin declined to 9.4% in Q1 2024 per QDEL's latest filing, from 0.26% in the prior quarter.
- Over five years, FCF Margin peaked at 47.73% in Q2 2022 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: FCF Margin tumbled 3320 bps in 2023, then slumped 2392 bps in 2024.
- Over 4 years, FCF Margin stood at 5.87% in 2021, then soared 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.
- According to Business Quant data, FCF Margin over the past three periods registered 9.4%, 0.26%, and 12.31% for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 15.81% |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 16.07% |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 21.26% |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 23.50% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 33.60% |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 14.10% |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 1.28% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | 5.32% |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 18.73% |
| 10 | QuidelOrtho | 1.03 Bn | 908.95 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% |