QuidelOrtho (QDEL) Net Margin (2021 - 2024)
QuidelOrtho's (QDEL) quarterly Net Margin came in at 240.77% in Q1 2024, down 24654.0% year-over-year from N/an in Q2 2023, and down 9328.19% quarter-over-quarter from 2.55% in Q4 2023.
Analysis
QuidelOrtho (QDEL) Net Margin (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed Net Margin across 4 years of filings, most recently posting 240.77% for Q1 2024.
- In Q1 2024, Net Margin fell 24654.0% year-over-year to 240.77%; the TTM figure through Mar 2024 stood at 60.31% (down 6670.0% YoY), while the FY2024 annual figure was 74.55%, down 7342.0% from the prior year.
- Net Margin came in at 240.77% for Q1 2024 at QuidelOrtho, down from 2.55% 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 240.77% in Q1 2024.
- Average Net Margin over 4 years is 12.83%, with a median of 4.26% recorded in 2022.
- Year-over-year, Net Margin plunged 500 bps in 2023 and tumbled 24654 bps in 2024.
- Over 4 years, Net Margin stood at 42.31% in 2021, then sank by 94 bps to 2.45% in 2022, then tumbled by 204 bps to 2.55% in 2023, then slumped by 9328 bps to 240.77% in 2024.
- Per Business Quant data, the three most recent Net Margin figures were 240.77% in Q1 2024, 2.55% in Q4 2023, and 8.65% in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.80 Bn | 27.69 Bn | 2.18 Bn | 10.84% |
| 2 | Lantheus Holdings | 6.58 Bn | 5.98 Bn | 241.86 Mn | 19.33% |
| 3 | Heartflow | 4.13 Bn | 3.75 Bn | 53.19 Mn | -24.57% |
| 4 | Neogen | 2.58 Bn | 2.39 Bn | 107.80 Mn | -4.66% |
| 5 | Butterfly Network | 1.98 Bn | 1.85 Bn | 23.29 Mn | -39.59% |
| 6 | Ceribell | 924.18 Mn | 794.92 Mn | 25.94 Mn | -68.58% |
| 7 | QuidelOrtho | 878.34 Mn | 754.94 Mn | - | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn | 7.55% |
| 9 | Prenetics Global | 338.80 Mn | 279.75 Mn | 30.20 Mn | -19.15% |
| 10 | CapsoVision | 318.60 Mn | 309.52 Mn | 1.87 Mn | -205.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -240.77% |
| Oct 1, 2023 | -2.55% |
| Jul 2, 2023 | -8.65% |
| 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% |