QuidelOrtho (QDEL) Tax Provisions (2021 - 2024)

QuidelOrtho's (QDEL) quarterly Tax Provisions came in at -$92.9 million in Q1 2024, down 929.46% year-on-year from $11.2 million in Q2 2023, and up 52.46% quarter-over-quarter from -$195.4 million in Q4 2023.

QuidelOrtho (QDEL) Tax Provisions (2021 - 2024) Analysis & Trends

QuidelOrtho has disclosed Tax Provisions across 4 years of filings, most recently posting -$92.9 million for Q1 2024.

  • Tax Provisions for Q1 2024 came in at -$92.9 million, down 929.46% year-over-year; the trailing twelve-month figure through Mar 2024 was -$302.3 million (down 347.79% YoY), and the FY2024 annual result was -$79.5 million, down 318.42% from the prior year.
  • Tax Provisions came in at -$92.9 million for Q1 2024 at QuidelOrtho, up from -$195.4 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $140.7 million in Q2 2022 to a low of -$195.4 million in Q4 2023.
  • The 4-year median for Tax Provisions is $11.2 million (2023), against an average of $2.6 million.
  • Across the five-year window, Tax Provisions soared 807.69% in 2022 and tumbled 929.46% in 2024, its largest moves.
  • QuidelOrtho's Tax Provisions stood at $65.8 million in 2021, then sank by 81.61% to $12.1 million in 2022, then slumped by 1714.88% to -$195.4 million in 2023, then jumped by 52.46% to -$92.9 million in 2024.
  • The last three Tax Provisions figures came in at -$92.9 million (Q1 2024), -$195.4 million (Q4 2023), and -$2.8 million (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Abbott Laboratories 154.42 Bn 147.76 Bn 6.27 Bn 372.00 Mn
2 Stryker 118.12 Bn 115.25 Bn 3.81 Bn 105.00 Mn
3 Medtronic 101.72 Bn 93.55 Bn 5.76 Bn 254.00 Mn
4 Boston Scientific 67.19 Bn 65.98 Bn 3.61 Bn -176.00 Mn
5 Edwards Lifesciences 50.69 Bn 47.02 Bn 1.29 Bn 78.30 Mn
6 Koninklijke Philips 29.38 Bn 26.07 Bn 2.07 Bn -51.51 Mn
7 Dexcom 28.09 Bn 26.97 Bn 750.30 Mn 70.00 Mn
8 GE HealthCare Technologies 28.08 Bn 26.02 Bn 1.98 Bn 94.00 Mn
9 Steris 19.80 Bn 19.37 Bn 697.10 Mn 84.20 Mn
10 QuidelOrtho 934.34 Mn 793.94 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -92.90 Mn
Dec 31, 2023 -195.40 Mn
Oct 1, 2023 -2.80 Mn
Jul 2, 2023 -11.20 Mn
Apr 2, 2023 11.20 Mn
Jan 1, 2023 75.10 Mn
Oct 2, 2022 12.10 Mn
Jul 3, 2022 23.60 Mn
Apr 3, 2022 140.70 Mn
Oct 3, 2021 65.80 Mn
Jul 4, 2021 2.60 Mn