QuidelOrtho (QDEL) Return on Invested Capital (2022 - 2024)
QuidelOrtho (QDEL) posted Return on Invested Capital of 0.0% for Q1 2024, down 457.59% sequentially from 0.0% in Q4 2023, and little changed YoY from 0.0% in Q2 2023.
QuidelOrtho (QDEL) Return on Invested Capital (2022 - 2024) Analysis & Trends
QuidelOrtho has reported Return on Invested Capital for 3 years, with the latest figure at 0.0% in Q1 2024.
- Quarterly Return on Invested Capital changed 0.0% year-over-year to 0.0% in Q1 2024, while the trailing twelve-month figure through Mar 2024 was 0.0% (changed 0.0% YoY) and the FY2024 annual result came in at 0.01%, down 1.0% from the prior year.
- Return on Invested Capital retreated to 0.0% in Q1 2024 per QDEL's latest filing, from 0.0% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 0.01% in Q3 2022 and troughed at 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.
- The widest YoY moves for Return on Invested Capital: up 0 bps in 2023, down 1 bps in 2023.
- Over 3 years, Return on Invested Capital stood at 0.0% in 2022, then tumbled by 119 bps to 0.0% in 2023, then tumbled by 458 bps to 0.0% in 2024.
- According to Business Quant data, Return on Invested Capital over the past three periods registered 0.0%, 0.0%, and 0.0% for Q1 2024, Q4 2023, and Q4 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 199.46 Bn | 193.86 Bn | 7.27 Bn | 0.01% |
| 2 | Stryker | 127.41 Bn | 123.93 Bn | 4.50 Bn | 0.01% |
| 3 | Medtronic | 118.87 Bn | 109.65 Bn | 6.41 Bn | 0.01% |
| 4 | Boston Scientific | 73.47 Bn | 72.93 Bn | 3.85 Bn | 0.00% |
| 5 | Edwards Lifesciences | 51.95 Bn | 47.69 Bn | 1.35 Bn | - |
| 6 | Dexcom | 34.30 Bn | 32.35 Bn | 830.00 Mn | - |
| 7 | GE HealthCare Technologies | 33.76 Bn | 31.65 Bn | 2.18 Bn | 0.01% |
| 8 | Koninklijke Philips | 26.35 Bn | 23.02 Bn | 4.55 Bn | 0.00% |
| 9 | Steris | 23.04 Bn | 22.55 Bn | 684.20 Mn | 0.04% |
| 10 | QuidelOrtho | 1.01 Bn | 886.07 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% |