Growth Metrics

QuidelOrtho (QDEL) Gross Margin (2021 - 2024)

QuidelOrtho's Gross Margin history spans 3 years, with the latest figure at 97.43% for Q4 2023.

  • For Q4 2023, Gross Margin changed N/A year-over-year to 97.43%; the TTM value through Dec 2023 reached 112.16%, changed N/A, while the annual FY2024 figure was 98.14%, 96.0% down from the prior year.
  • Gross Margin for Q4 2023 was 97.43% at QuidelOrtho, down from 99.13% in the prior quarter.
  • Across five years, Gross Margin topped out at 100.0% in Q4 2021 and bottomed at 53.02% in Q2 2023.
  • The 3-year median for Gross Margin is 99.28% (2022), against an average of 91.5%.
  • The largest YoY upside for Gross Margin was -30bps in 2023 against a maximum downside of -4698bps in 2023.
  • A 3-year view of Gross Margin shows it stood at 100.0% in 2021, then decreased by -1bps to 99.43% in 2022, then dropped by -2bps to 97.43% in 2023.
  • Per Business Quant, the three most recent readings for QDEL's Gross Margin are 97.43% (Q4 2023), 99.13% (Q3 2023), and 53.02% (Q2 2023).