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
DateValue
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%