QuidelOrtho (QDEL) Income towards Parent Company (2021 - 2024)

QuidelOrtho (QDEL) reported Income towards Parent Company of -$1.7 billion for Q1 2024, down 3595.9% on a YoY basis from $48.8 million in Q2 2023, and down 222.8% sequentially from -$528.5 million in Q4 2023.

QuidelOrtho (QDEL) Income towards Parent Company (2021 - 2024) Analysis & Trends

QuidelOrtho (QDEL) has 4 years of Income towards Parent Company data on file, last reported at -$1.7 billion in Q1 2024.

  • For the quarter ending Q1 2024, Income towards Parent Company fell 3595.9% year-over-year to -$1.7 billion; the trailing twelve-month figure through Dec 2024 stood at -$1.7 billion (down 212.68% YoY), and the FY2024 full-year result was -$2.1 billion, down 20216.83% from the prior year.
  • Income towards Parent Company declined to -$1.7 billion in Q1 2024, from -$528.5 million in the prior quarter.
  • In the past five years, Income towards Parent Company ranged from a high of $479.9 million in Q2 2022 to a low of -$1.7 billion in Q1 2024.
  • A 4-year average of -$123.9 million and a median of $19.2 million in 2022 frame the typical range for Income towards Parent Company.
  • Across the five-year window, Income towards Parent Company rose 1.05% in 2022 and plunged 3595.9% in 2024, its largest moves.
  • Tracing QDEL's Income towards Parent Company over 4 years: stood at $215.7 million in 2021, then slumped by 91.1% to $19.2 million in 2022, then tumbled by 2852.6% to -$528.5 million in 2023, then sank by 222.8% to -$1.7 billion in 2024.
  • Business Quant data shows QDEL's Income towards Parent Company at -$1.7 billion in Q1 2024, -$528.5 million in Q4 2023, and -$12.7 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 182.32 Bn 175.02 Bn 6.27 Bn
2 Stryker 128.75 Bn 125.88 Bn 3.81 Bn
3 Medtronic 107.83 Bn 98.61 Bn 6.41 Bn
4 Boston Scientific 67.61 Bn 66.15 Bn 3.61 Bn
5 Edwards Lifesciences 48.13 Bn 44.45 Bn 1.29 Bn
6 Dexcom 28.26 Bn 27.14 Bn 750.30 Mn
7 GE HealthCare Technologies 27.78 Bn 25.50 Bn 1.98 Bn
8 Smith & Nephew 26.99 Bn 26.41 Bn -
9 Koninklijke Philips 23.92 Bn 20.80 Bn 2.07 Bn
10 QuidelOrtho 1.15 Bn 1.01 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2024 -1.71 Bn
Dec 31, 2023 -528.50 Mn
Oct 1, 2023 -12.70 Mn
Jul 2, 2023 -53.20 Mn
Apr 2, 2023 48.80 Mn
Jan 1, 2023 135.80 Mn
Oct 2, 2022 19.20 Mn
Jul 3, 2022 19.30 Mn
Apr 3, 2022 479.90 Mn
Oct 3, 2021 215.70 Mn
Jul 4, 2021 19.10 Mn