QuidelOrtho (QDEL) Return on Capital Employed (2022 - 2024)

QuidelOrtho's (QDEL) quarterly Return on Capital Employed came in at 34.68% in Q1 2024, down 4164.0% year-on-year from 0.85% in Q2 2023, and down 415.56% quarter-over-quarter from 6.73% in Q4 2023.

QuidelOrtho (QDEL) Return on Capital Employed (2022 - 2024) Analysis & Trends

QuidelOrtho has disclosed Return on Capital Employed across 3 years of filings, most recently posting 34.68% for Q1 2024.

  • Return on Capital Employed for Q1 2024 came in at 34.68%, down 4164.0% year-over-year; the trailing twelve-month figure through Mar 2024 was 34.68% (down 4164.0% YoY), and the FY2024 annual result 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.
  • The 3-year median for Return on Capital Employed is 5.63% (2023), against an average of 0.51%.
  • Across the five-year window, Return on Capital Employed sank 783 bps in 2023 and plunged 4164 bps in 2024, its largest moves.
  • QuidelOrtho's Return on Capital Employed stood at 13.21% in 2022, then plunged by 151 bps to 6.73% in 2023, then tumbled by 416 bps to 34.68% in 2024.
  • The last three Return on Capital Employed figures came in at 34.68% (Q1 2024), 6.73% (Q4 2023), and 5.38% (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 9.61%
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 12.24%
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 7.36%
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn 9.62%
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 11.13%
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn 10.45%
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 24.24%
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 9.30%
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 11.57%
10 QuidelOrtho 934.34 Mn 793.94 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%