QuidelOrtho (QDEL) Operating Margin (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Operating Margin came in at 247.26% in Q1 2024, down 25903.0% year-on-year from N/an in Q2 2023, and down 7094.66% quarter-over-quarter from 3.53% in Q4 2023.

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

QuidelOrtho has disclosed Operating Margin across 4 years of filings, most recently posting 247.26% for Q1 2024.

  • Operating Margin for Q1 2024 came in at 247.26%, down 25903.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 80.13% (down 9587.0% YoY), and the FY2024 annual result was 70.46%, down 7510.0% from the prior year.
  • Operating Margin came in at 247.26% for Q1 2024 at QuidelOrtho, down 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.
  • The 4-year median for Operating Margin is 11.58% (2022), against an average of 6.0%.
  • Across the five-year window, Operating Margin plunged 181 bps in 2022 and slumped 25903 bps in 2024, its largest moves.
  • QuidelOrtho's Operating Margin stood at 55.28% in 2021, then tumbled by 87 bps to 7.25% in 2022, then tumbled by 51 bps to 3.53% in 2023, then tumbled by 7095 bps to 247.26% in 2024.
  • The last three Operating Margin figures came in at 247.26% (Q1 2024), 3.53% (Q4 2023), and 4.04% (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Abbott Laboratories 157.80 Bn 151.14 Bn 6.27 Bn 12.05%
2 Stryker 115.54 Bn 112.66 Bn 3.81 Bn 15.55%
3 Medtronic 103.44 Bn 95.27 Bn 5.76 Bn 16.24%
4 Boston Scientific 72.38 Bn 71.17 Bn 3.61 Bn 21.16%
5 Edwards Lifesciences 49.76 Bn 46.09 Bn 1.29 Bn 28.97%
6 Dexcom 29.53 Bn 28.42 Bn 750.30 Mn 21.42%
7 GE HealthCare Technologies 29.51 Bn 27.44 Bn 1.98 Bn 10.04%
8 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 6.17%
9 Steris 20.69 Bn 20.27 Bn 697.10 Mn 19.94%
10 QuidelOrtho 988.90 Mn 848.50 Mn - -

Historic Data

Download Data
DateValue
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%