QuidelOrtho (QDEL) Operating Margin (2021 - 2024)
QuidelOrtho (QDEL) reported Operating Margin of 247.26% for Q1 2024, down 25903.0% on a YoY basis from N/an in Q2 2023, and down 7094.66% sequentially from 3.53% in Q4 2023.
QuidelOrtho (QDEL) Operating Margin (2021 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 4 years of Operating Margin data on file, last reported at 247.26% in Q1 2024.
- For the quarter ending Q1 2024, Operating Margin fell 25903.0% year-over-year to 247.26%; the trailing twelve-month figure through Mar 2024 stood at 80.13% (down 9587.0% YoY), and the FY2024 full-year result was 70.46%, down 7510.0% from the prior year.
- Operating Margin fell to 247.26% in Q1 2024, from 3.53% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 61.93% in Q2 2022 to a low of 247.26% in Q1 2024.
- A 4-year average of 6.0% and a median of 11.58% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin slumped 181 bps in 2022 and plunged 25903 bps in 2024, its largest moves.
- Tracing QDEL's Operating Margin over 4 years: stood at 55.28% in 2021, then plunged by 87 bps to 7.25% in 2022, then plunged by 51 bps to 3.53% in 2023, then plunged by 7095 bps to 247.26% in 2024.
- Business Quant data shows QDEL's Operating Margin at 247.26% in Q1 2024, 3.53% in Q4 2023, and 4.04% in Q3 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 12.05% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 15.55% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 19.10% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 21.16% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 28.97% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 21.42% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 6.17% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 10.04% |
| 9 | Smith & Nephew | 25.80 Bn | 25.22 Bn | - | - |
| 10 | QuidelOrtho | 1.13 Bn | 990.36 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | -247.26% |
| Oct 1, 2023 | 3.53% |
| Jul 2, 2023 | -4.04% |
| Apr 2, 2023 | 11.77% |
| Jan 1, 2023 | 26.98% |
| Oct 2, 2022 | 7.25% |
| Jul 3, 2022 | 11.38% |
| Apr 3, 2022 | 61.93% |
| Oct 3, 2021 | 55.28% |
| Jul 4, 2021 | 13.19% |