QuidelOrtho (QDEL) Shares Repurchased (2021 - 2023)
QuidelOrtho recorded quarterly Shares Repurchased of -$67.1 million in Q4 2023, down 129.79% quarter-over-quarter from -$29.2 million in Q1 2023, and down 129.79% year-over-year from $225.2 million in Q4 2022.
QuidelOrtho's Shares Repurchased history runs 3 years deep, the most recent figure standing at -$67.1 million for Q4 2023.
- In Q4 2023, Shares Repurchased fell 129.79% year-over-year to -$67.1 million; the TTM figure through Dec 2023 stood at -$21.9 million (changed N/A YoY), while the FY2023 annual figure was $7.2 million, down 90.31% from the prior year.
- Shares Repurchased came in at -$67.1 million for Q4 2023 at QuidelOrtho, down from -$29.2 million in the prior quarter.
- In the past five years, Shares Repurchased ranged from a high of $74.3 million in Q4 2022 to a low of -$67.1 million in Q4 2023.
- A 3-year average of -$5.5 million and a median of -$14.6 million in 2021 frame the typical range for Shares Repurchased.
- Across the five-year window, Shares Repurchased soared 74200.0% in 2022 and slumped 129.79% in 2023, its largest moves.
- QuidelOrtho's Shares Repurchased stood at $100000.0 in 2021, then jumped by 74200.0% to $74.3 million in 2022, then tumbled by 190.31% to -$67.1 million in 2023.
- According to Business Quant data, Shares Repurchased over the past three periods registered -$67.1 million, -$29.2 million, and $74.3 million for Q4 2023, Q1 2023, and Q4 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Repurchased (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 152.82 Bn | 146.17 Bn | 6.27 Bn | 180.00 Mn |
| 2 | Stryker | 115.07 Bn | 112.19 Bn | 3.81 Bn | - |
| 3 | Medtronic | 95.25 Bn | 87.08 Bn | 5.76 Bn | 105.00 Mn |
| 4 | Boston Scientific | 71.38 Bn | 70.17 Bn | 3.61 Bn | - |
| 5 | Edwards Lifesciences | 51.08 Bn | 47.41 Bn | 1.29 Bn | 421.80 Mn |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | - |
| 7 | Dexcom | 28.84 Bn | 27.72 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.56 Bn | 26.49 Bn | 1.98 Bn | 100.00 Mn |
| 9 | Steris | 20.71 Bn | 20.30 Bn | 697.10 Mn | 74.30 Mn |
| 10 | QuidelOrtho | 898.19 Mn | 757.79 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | -67.10 Mn |
| Dec 31, 2023 | -67.10 Mn |
| Jan 1, 2023 | -29.20 Mn |
| Jan 1, 2023 | -29.20 Mn |
| Oct 2, 2022 | 74.30 Mn |
| Oct 2, 2022 | 74.30 Mn |
| Oct 3, 2021 | 100,000.00 |
| Oct 3, 2021 | 100,000.00 |