QuidelOrtho (QDEL) Net Margin (2021 - 2024)

QuidelOrtho (QDEL) reported Net Margin of 240.77% for Q1 2024, down 24654.0% on a YoY basis from N/an in Q2 2023, and down 9328.19% sequentially from 2.55% in Q4 2023.

QuidelOrtho (QDEL) Net Margin (2021 - 2024) Analysis & Trends

QuidelOrtho (QDEL) has 4 years of Net Margin data on file, last reported at 240.77% in Q1 2024.

  • For the quarter ending Q1 2024, Net Margin fell 24654.0% year-over-year to 240.77%; the trailing twelve-month figure through Mar 2024 stood at 78.37% (down 8475.0% YoY), and the FY2024 full-year result was 74.55%, down 7342.0% from the prior year.
  • Net Margin slipped to 240.77% in Q1 2024, 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.
  • A 4-year average of 12.83% and a median of 4.26% in 2022 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin tumbled 500 bps in 2023 and slumped 24654 bps in 2024, its largest moves.
  • Tracing QDEL's Net Margin over 4 years: stood at 42.31% in 2021, then plunged by 94 bps to 2.45% in 2022, then slumped by 204 bps to 2.55% in 2023, then sank by 9328 bps to 240.77% in 2024.
  • Business Quant data shows QDEL's Net Margin at 240.77% in Q1 2024, 2.55% in Q4 2023, and 8.65% in Q3 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn 9.65%
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn 12.38%
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn 12.84%
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn 25.77%
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn -
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn 16.74%
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn 3.87%
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn 8.01%
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 -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%