QuidelOrtho (QDEL) Net Margin (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Net Margin came in at 239.94% in Q1 2024, down 24571.0% year-on-year from N/an in Q2 2023, and down 13956.55% quarter-over-quarter from 1.71% in Q4 2023.

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

QuidelOrtho has disclosed Net Margin across 4 years of filings, most recently posting 239.94% for Q1 2024.

  • Net Margin for Q1 2024 came in at 239.94%, down 24571.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 77.55% (down 8394.0% YoY), and the FY2024 annual result 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.
  • The 4-year median for Net Margin is 4.26% (2022), against an average of 12.6%.
  • Across the five-year window, Net Margin tumbled 416 bps in 2023 and slumped 24571 bps in 2024, its largest moves.
  • QuidelOrtho's Net Margin stood at 42.31% in 2021, then tumbled by 94 bps to 2.45% in 2022, then tumbled by 170 bps to 1.71% in 2023, then plunged by 13957 bps to 239.94% in 2024.
  • The last three Net Margin figures came in at 239.94% (Q1 2024), 1.71% (Q4 2023), and 8.0% (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.65%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.38%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 12.75%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 25.77%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn -
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 0.00%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 16.74%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 8.01%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn -
10 QuidelOrtho 934.34 Mn 793.94 Mn - -

Historic Data

Download Data
DateValue
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%