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| 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% |