QuidelOrtho (QDEL) Net Margin (2021 - 2024)
QuidelOrtho recorded quarterly Net Margin of 239.94% in Q1 2024, down 13956.55% quarter-over-quarter from 1.71% in Q4 2023, and down 24571.0% year-over-year from N/an in Q2 2023.
QuidelOrtho's Net Margin history runs 4 years deep, the most recent figure standing at 239.94% for Q1 2024.
- In Q1 2024, Net Margin fell 24571.0% year-over-year to 239.94%; the TTM figure through Mar 2024 stood at 77.55% (down 8394.0% YoY), while the FY2024 annual figure was 73.74%, down 7340.0% from the prior year.
- Net Margin came in at 239.94% for Q1 2024 at QuidelOrtho, down from 1.71% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 47.88% in Q2 2022 to a low of 239.94% in Q1 2024.
- A 4-year average of 12.6% and a median of 4.26% in 2022 frame the typical range for Net Margin.
- Across the five-year window, Net Margin slumped 416 bps in 2023 and sank 24571 bps in 2024, its largest moves.
- QuidelOrtho's Net Margin stood at 42.31% in 2021, then slumped by 94 bps to 2.45% in 2022, then slumped by 170 bps to 1.71% in 2023, then tumbled by 13957 bps to 239.94% in 2024.
- According to Business Quant data, Net Margin over the past three periods registered 239.94%, 1.71%, and 8.0% for Q1 2024, Q4 2023, and Q3 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.65% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.38% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 12.75% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 25.77% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 0.00% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 16.74% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 8.01% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | - |
| 10 | QuidelOrtho | 898.19 Mn | 757.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -239.94% |
| Oct 1, 2023 | -1.71% |
| Jul 2, 2023 | -8.00% |
| Apr 2, 2023 | 5.77% |
| Jan 1, 2023 | 11.65% |
| Oct 2, 2022 | 2.45% |
| Jul 3, 2022 | 2.76% |
| Apr 3, 2022 | 47.88% |
| Oct 3, 2021 | 42.31% |
| Jul 4, 2021 | 10.82% |