Growth Metrics

QuidelOrtho (QDEL) Restructuring Costs (2021 - 2024)

QuidelOrtho recorded quarterly Restructuring Costs of $22.6 million in Q1 2024, up 494.74% quarter-over-quarter from $3.8 million in Q4 2023, and down 23.91% year-over-year from $29.7 million in Q2 2023.

QuidelOrtho's Restructuring Costs history runs 4 years deep, the most recent figure standing at $22.6 million for Q1 2024.

  • In Q1 2024, Restructuring Costs fell 23.91% year-over-year to $22.6 million; the TTM figure through Mar 2024 stood at $77.1 million (down 71.5% YoY), while the FY2024 annual figure was $127.2 million, up 12.17% from the prior year.
  • Restructuring Costs came in at $22.6 million for Q1 2024 at QuidelOrtho, up from $3.8 million in the prior quarter.
  • In the past five years, Restructuring Costs ranged from a high of $134.2 million in Q1 2023 to a low of $1.1 million in Q3 2021.
  • A 4-year average of $35.2 million and a median of $25.3 million in 2022 frame the typical range for Restructuring Costs.
  • Across the five-year window, Restructuring Costs surged 7190.91% in 2022 and slumped 97.17% in 2023, its largest moves.
  • QuidelOrtho's Restructuring Costs stood at $1.1 million in 2021, then surged by 2300.0% to $26.4 million in 2022, then tumbled by 85.61% to $3.8 million in 2023, then jumped by 494.74% to $22.6 million in 2024.
  • According to Business Quant data, Restructuring Costs over the past three periods registered $22.6 million, $3.8 million, and $26.5 million for Q1 2024, Q4 2023, and Q4 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 152.82 Bn 146.17 Bn 6.27 Bn
2 Stryker 115.07 Bn 112.19 Bn 3.81 Bn
3 Medtronic 95.25 Bn 87.08 Bn 5.76 Bn
4 Boston Scientific 71.38 Bn 70.17 Bn 3.61 Bn
5 Edwards Lifesciences 51.08 Bn 47.41 Bn 1.29 Bn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn
7 Dexcom 28.84 Bn 27.72 Bn 750.30 Mn
8 GE HealthCare Technologies 28.56 Bn 26.49 Bn 1.98 Bn
9 Steris 20.71 Bn 20.30 Bn 697.10 Mn
10 QuidelOrtho 898.19 Mn 757.79 Mn -

Historic Data

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DateValue
Mar 31, 2024 22.60 Mn
Dec 31, 2023 3.80 Mn
Oct 1, 2023 26.50 Mn
Jul 2, 2023 24.20 Mn
Apr 2, 2023 29.70 Mn
Jan 1, 2023 134.20 Mn
Oct 2, 2022 26.40 Mn
Jul 3, 2022 80.20 Mn
Apr 3, 2022 3.00 Mn
Jul 4, 2021 1.10 Mn