Quidel Corporation (QDEL)
Profitability ratios
Return on sales
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 42.42% | 41.68% | 41.99% | 44.11% | 47.81% | 50.04% | 50.66% | 52.82% | 59.22% | 65.02% | 70.24% | 73.49% | 74.82% | 79.27% | 81.28% | 82.47% | 81.17% | 73.88% | 66.32% | 61.41% |
| Operating profit margin | -3.95% | 1.09% | 1.48% | 1.59% | 4.64% | 5.94% | 7.80% | 13.86% | 29.15% | 40.91% | 52.01% | 56.01% | 53.34% | 61.28% | 63.82% | 66.20% | 63.81% | 47.61% | 29.16% | 20.16% |
| Pretax margin | -76.65% | -71.02% | -70.13% | -65.98% | -0.97% | 0.68% | 2.15% | 5.64% | 22.53% | 35.25% | 47.80% | 55.87% | 53.01% | 60.96% | 62.86% | 65.15% | 62.61% | 45.52% | 27.33% | 17.71% |
| Net profit margin | -72.89% | -66.29% | -65.64% | -61.68% | -0.34% | 0.42% | 1.43% | 3.78% | 16.80% | 26.67% | 36.43% | 43.26% | 41.46% | 47.20% | 48.96% | 50.91% | 48.76% | 36.91% | 23.61% | 15.73% |
Quidel Corporation's profitability ratios have shown a fluctuating trend over the years analyzed. The Gross profit margin has exhibited a gradual decline from 61.41% in March 2020 to 42.42% in December 2024. This indicates a decrease in the percentage of revenue remaining after the cost of goods sold.
The Operating profit margin has also followed a similar pattern, starting at 20.16% in March 2020 and dropping to -3.95% in December 2024. This suggests a decline in the efficiency of the company's operations in generating profit.
The Pretax margin reflects a consistent downward trajectory, decreasing from 17.71% in March 2020 to -76.65% in December 2024. This signifies a reduction in the percentage of each dollar of revenue that translates into pre-tax profit.
The Net profit margin has mirrored the decline seen in the other profitability ratios, plunging from 15.73% in March 2020 to -72.89% in December 2024. This indicates a decrease in the percentage of revenue that translates into bottom-line net profit after all expenses have been accounted for.
In summary, Quidel Corporation has experienced deteriorating profitability ratios over the years analyzed, indicating challenges in maintaining efficient cost management and revenue generation. Management may need to implement strategies to improve these ratios and enhance overall profitability.
Return on investment
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | -1.70% | 0.45% | 0.63% | 0.68% | 1.62% | 2.17% | 2.88% | 4.90% | 10.75% | 14.35% | 16.28% | 42.11% | 37.28% | 54.43% | 64.86% | 58.78% | 56.67% | 38.28% | 19.64% | 11.71% |
| Return on assets (ROA) | -31.43% | -27.45% | -27.80% | -26.33% | -0.12% | 0.15% | 0.53% | 1.34% | 6.20% | 9.35% | 11.41% | 32.52% | 28.98% | 41.92% | 49.77% | 45.21% | 43.30% | 29.68% | 15.90% | 9.13% |
| Return on total capital | -65.85% | -57.79% | -56.82% | -51.68% | 3.73% | 4.44% | 5.02% | 8.93% | 19.06% | 25.93% | 29.31% | 54.00% | 46.92% | 70.11% | 83.07% | 82.84% | 79.59% | 56.37% | 31.23% | 19.01% |
| Return on equity (ROE) | -67.35% | -58.57% | -58.59% | -53.36% | -0.20% | 0.27% | 0.90% | 2.35% | 11.12% | 16.89% | 20.45% | 41.66% | 36.50% | 54.04% | 63.75% | 63.65% | 60.80% | 43.66% | 25.29% | 14.59% |
Based on the provided data on Quidel Corporation's profitability ratios, we observe fluctuations in the company's performance over the given periods.
1. Operating Return on Assets (Operating ROA):
- Operating ROA started at a healthy level in March 2020 (11.71%) and peaked in June 2021 (64.86%). However, there was a significant decline in December 2024 (-1.70%). The ratio indicates how efficiently the company generates profits from its operational assets.
2. Return on Assets (ROA):
- ROA also exhibited fluctuations, with a peak in March 2021 (45.21%) and a substantial decrease in the later periods, reaching negative values by December 2024 (-31.43%). ROA reflects the company's ability to generate profit relative to its total assets.
3. Return on Total Capital:
- Return on Total Capital showed a similar pattern, with a high of 83.07% in June 2021 and a negative trend towards the end of the period (-65.85% in December 2024). This ratio evaluates the company's effectiveness in generating returns for both equity and debt holders.
4. Return on Equity (ROE):
- ROE followed a comparable trend to the other ratios, with the highest value in March 2021 (63.65%) and negative values by December 2024 (-67.35%). ROE illustrates how well the company is utilizing shareholders' equity to generate profits.
Overall, the analysis of these profitability ratios highlights Quidel Corporation's fluctuating performance over the given periods, showcasing both periods of strong profitability and notable declines. Investors and stakeholders should closely monitor these ratios to assess the company's financial health and operating efficiency.