QuidelOrtho (QDEL) Return on Invested Capital (2022 - 2024)
QuidelOrtho (QDEL) reported Return on Invested Capital of 0.0% for Q1 2024, little changed on a YoY basis from 0.0% in Q2 2023, and down 457.59% sequentially from 0.0% in Q4 2023.
QuidelOrtho (QDEL) Return on Invested Capital (2022 - 2024) Analysis & Trends
QuidelOrtho (QDEL) has 3 years of Return on Invested Capital data on file, last reported at 0.0% in Q1 2024.
- For the quarter ending Q1 2024, Return on Invested Capital changed 0.0% year-over-year to 0.0%; the trailing twelve-month figure through Mar 2024 stood at 0.0% (changed 0.0% YoY), and the FY2024 full-year result was 0.01%, down 1.0% from the prior year.
- Return on Invested Capital retreated to 0.0% in Q1 2024, from 0.0% in the prior quarter.
- In the past five years, Return on Invested Capital ranged from a high of 0.01% in Q3 2022 to a low of 0.0% in Q1 2024.
- A 3-year average of 0.0% and a median of 0.0% in 2023 frame the typical range for Return on Invested Capital.
- Peak annual rise in Return on Invested Capital reached 0 bps in 2023, while the deepest fall reached 1 bps in 2023.
- Tracing QDEL's Return on Invested Capital over 3 years: stood at 0.0% in 2022, then plunged by 119 bps to 0.0% in 2023, then plunged by 458 bps to 0.0% in 2024.
- Business Quant data shows QDEL's Return on Invested Capital at 0.0% in Q1 2024, 0.0% in Q4 2023, and 0.0% in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 201.40 Bn | 194.75 Bn | 6.27 Bn | 0.01% |
| 2 | Stryker | 122.29 Bn | 119.41 Bn | 3.81 Bn | 0.01% |
| 3 | Medtronic | 105.01 Bn | 96.40 Bn | 6.41 Bn | 0.01% |
| 4 | Boston Scientific | 64.81 Bn | 63.59 Bn | 3.61 Bn | 0.00% |
| 5 | Edwards Lifesciences | 55.28 Bn | 51.60 Bn | 1.29 Bn | - |
| 6 | Dexcom | 29.06 Bn | 27.94 Bn | 750.30 Mn | - |
| 7 | Koninklijke Philips | 29.02 Bn | 25.93 Bn | 2.07 Bn | 0.00% |
| 8 | GE HealthCare Technologies | 28.27 Bn | 26.20 Bn | 1.98 Bn | 0.00% |
| 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 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Oct 1, 2023 | 0.00% |
| Jul 2, 2023 | 0.00% |
| Apr 2, 2023 | 0.00% |
| Jan 1, 2023 | 0.00% |
| Oct 2, 2022 | 0.00% |
| Jul 3, 2022 | 0.01% |