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
DateValue
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%