QuidelOrtho (QDEL) Net Margin (2021 - 2024)
QuidelOrtho (QDEL) posted Net Margin of 240.77% for Q1 2024, down 9328.19% sequentially from 2.55% in Q4 2023, and down 24654.0% YoY from N/an in Q2 2023.
QuidelOrtho (QDEL) Net Margin (2021 - 2024) Analysis & Trends
QuidelOrtho has reported Net Margin for 4 years, with the latest figure at 240.77% in Q1 2024.
- Quarterly Net Margin fell 24654.0% year-over-year to 240.77% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 78.37% (down 8475.0% YoY) and the FY2024 annual result came in at 74.55%, down 7342.0% from the prior year.
- Net Margin slipped to 240.77% in Q1 2024 per QDEL's latest filing, from 2.55% in the prior quarter.
- Over five years, Net Margin peaked at 47.88% in Q2 2022 and troughed at 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.
- The sharpest annual moves came in 2023 and 2024: Net Margin sank 500 bps in 2023, then plunged 24654 bps in 2024.
- Over 4 years, Net Margin stood at 42.31% in 2021, then tumbled by 94 bps to 2.45% in 2022, then sank by 204 bps to 2.55% in 2023, then plunged by 9328 bps to 240.77% in 2024.
- According to Business Quant data, Net Margin over the past three periods registered 240.77%, 2.55%, and 8.65% for Q1 2024, Q4 2023, and Q3 2023 respectively.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 200.19 Bn | 194.59 Bn | 7.27 Bn | 7.37% |
| 2 | Stryker | 129.95 Bn | 126.47 Bn | 4.50 Bn | 19.37% |
| 3 | Medtronic | 120.06 Bn | 110.84 Bn | 6.41 Bn | 12.84% |
| 4 | Boston Scientific | 74.14 Bn | 73.60 Bn | 3.85 Bn | 16.67% |
| 5 | Edwards Lifesciences | 52.74 Bn | 48.49 Bn | 1.35 Bn | 13.87% |
| 6 | Dexcom | 34.60 Bn | 32.65 Bn | 830.00 Mn | 19.04% |
| 7 | GE HealthCare Technologies | 34.20 Bn | 32.10 Bn | 2.18 Bn | 10.84% |
| 8 | Koninklijke Philips | 26.46 Bn | 23.13 Bn | 4.55 Bn | 6.47% |
| 9 | Steris | 23.25 Bn | 22.77 Bn | 684.20 Mn | 13.47% |
| 10 | QuidelOrtho | 1.03 Bn | 908.95 Mn | - | - |
Historic Data
Download 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% |