QuidelOrtho (QDEL) Return on Capital Employed (2022 - 2024)
QuidelOrtho (QDEL) reported Return on Capital Employed of 34.68% for Q1 2024, down 4164.0% on a YoY basis from 0.85% in Q2 2023, and down 415.56% sequentially from 6.73% in Q4 2023.
QuidelOrtho (QDEL) Return on Capital Employed (2022 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 3 years of Return on Capital Employed data on file, last reported at 34.68% in Q1 2024.
- For the quarter ending Q1 2024, Return on Capital Employed fell 4164.0% year-over-year to 34.68%; the trailing twelve-month figure through Mar 2024 stood at 34.68% (down 4164.0% YoY), and the FY2024 full-year result was 30.19%, down 3196.0% from the prior year.
- Return on Capital Employed declined to 34.68% in Q1 2024, from 6.73% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 13.83% in Q1 2023 to a low of 34.68% in Q1 2024.
- A 3-year average of 0.51% and a median of 5.63% in 2023 frame the typical range for Return on Capital Employed.
- Across the five-year window, Return on Capital Employed tumbled 783 bps in 2023 and slumped 4164 bps in 2024, its largest moves.
- Tracing QDEL's Return on Capital Employed over 3 years: stood at 13.21% in 2022, then sank by 151 bps to 6.73% in 2023, then plunged by 416 bps to 34.68% in 2024.
- Business Quant data shows QDEL's Return on Capital Employed at 34.68% in Q1 2024, 6.73% in Q4 2023, and 5.38% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 9.61% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 12.24% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 8.02% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 9.62% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | 11.13% |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | 24.24% |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 8.38% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 9.30% |
| 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 | -34.68% |
| Dec 31, 2023 | -6.73% |
| Oct 1, 2023 | 5.38% |
| Jul 2, 2023 | 5.63% |
| Apr 2, 2023 | 6.96% |
| Jan 1, 2023 | 13.83% |
| Oct 2, 2022 | 13.21% |