QuidelOrtho (QDEL) Return on Capital Employed (2022 - 2024)
QuidelOrtho recorded quarterly Return on Capital Employed of 34.68% in Q1 2024, down 415.56% quarter-over-quarter from 6.73% in Q4 2023, and down 4164.0% year-over-year from 0.85% in Q2 2023.
QuidelOrtho's Return on Capital Employed history runs 3 years deep, the most recent figure standing at 34.68% for Q1 2024.
- In Q1 2024, Return on Capital Employed fell 4164.0% year-over-year to 34.68%; the TTM figure through Mar 2024 stood at 34.68% (down 4164.0% YoY), while the FY2024 annual figure was 30.19%, down 3196.0% from the prior year.
- Return on Capital Employed came in at 34.68% for Q1 2024 at QuidelOrtho, down 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 plunged 783 bps in 2023 and tumbled 4164 bps in 2024, its largest moves.
- QuidelOrtho's Return on Capital Employed stood at 13.21% in 2022, then tumbled by 151 bps to 6.73% in 2023, then slumped by 416 bps to 34.68% in 2024.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 34.68%, 6.73%, and 5.38% for Q1 2024, Q4 2023, and Q4 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 9.61% |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | 12.24% |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 7.36% |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | 9.62% |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 11.13% |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | 7.62% |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | 24.24% |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 9.30% |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 11.57% |
| 10 | QuidelOrtho | 898.19 Mn | 757.79 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% |