Quidel Corporation (QDEL)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | Dec 31, 2022 | ||
|---|---|---|---|
| Operating income | US$ in thousands | 139,100 | 843,700 |
| Total assets | US$ in thousands | 8,563,100 | 8,855,800 |
| Operating ROA | 1.62% | 9.53% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $139,100K ÷ $8,563,100K
= 1.62%
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating ROA
Quidel Corporation
QDEL
1.62%
IDEXX Laboratories Inc
IDXX
33.66%
Lantheus Holdings Inc
LNTH
22.08%
Myriad Genetics Inc
MYGN
-22.45%
Neogen Corporation
NEOG
0.82%