| Nov 25 | Feb 26 | May 26 | Aug 26 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Buy | — | — | — | — | — | — | — | — | — | — | — | — |
| Sell | — | — | — | — | — | — | — | — | — | — | — | — |
| total | individual payouts | |
|---|---|---|
| 2028 | ‡‡‡‡‡ |
|
| 2027 | ‡‡‡‡‡ |
|
| 2026 | 0.14 |
—
|
| 2025 | 0.20 |
—
—
|
| 2024 | 1.37 |
—
|
| 2023 | ‡‡‡ |
|
| 2022 | ‡‡‡ |
|
| 2021 | ‡‡‡ |
|
| 2020 | ‡‡‡ |
|
| 2019 | ‡‡‡ |
|
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Cash | 1,057.78 | 1,152.99 | 1,098.92 | 793.50 |
| Receivables | 381.88 | 349.28 | 402.61 | 389.85 |
| Inventory | 398.39 | 279.26 | 301.89 | 311.36 |
| Other | — | — | — | — |
| 2,147.56 | 1,959.85 | 1,995.07 | 1,656.63 |
| 2023 | 2024 | 2025 | Q'26 | |
|---|---|---|---|---|
| Payables | 84.16 | 83.27 | 72.66 | 79.08 |
| ST’ Debt | 587.97 | 551.88 | — | 16.52 |
| Other | — | — | — | — |
| 1,079.29 | 1,042.03 | 512.14 | 581.45 |
| 10y | 5y | 3y | |
| Sales | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Cash Flow | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Earnings | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Book Value | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 492.32 | 535.04 | — | — |
—
|
| ’25 | 483.46 | 533.54 | 532.58 | 540.42 |
2,090.00
|
| ’24 | 458.80 | 496.35 | 501.87 | 521.20 |
1,978.21
|
| ’23 | 485.40 | 494.86 | 475.89 | 509.16 |
1,965.31
|
| ’22 | 628.39 | 515.51 | 499.63 | 497.98 |
2,141.52
|
| ’21 | 567.21 | 567.31 | 534.75 | 582.40 |
2,251.66
|
| ’20 | 372.10 | 443.25 | 483.76 | 571.23 |
1,870.35
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 100.63 | 200.69 | — | — |
—
|
| ’25 | 139.74 | 161.44 | 165.02 | 188.13 |
654.33
|
| ’24 | 133.08 | 166.62 | 182.35 | 191.51 |
673.55
|
| ’23 | 71.93 | 111.48 | 124.68 | 151.37 |
459.46
|
| ’22 | 207.41 | 171.95 | 211.58 | 124.32 |
715.26
|
| ’21 | 128.63 | 156.40 | 155.52 | 198.46 |
639.00
|
| ’20 | 15.91 | 134.68 | 37.50 | 269.71 |
457.81
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 52.15 | 157.32 | — | — |
—
|
| ’25 | 95.48 | 120.60 | 114.57 | 116.55 |
447.20
|
| ’24 | 94.72 | 127.71 | 138.03 | 141.85 |
502.31
|
| ’23 | 33.52 | 80.35 | 83.64 | 99.15 |
296.65
|
| ’22 | 169.00 | 134.34 | 184.86 | 77.73 |
565.93
|
| ’21 | 73.67 | 110.10 | 104.24 | 144.46 |
432.47
|
| ’20 | (12.01) | 12.73 | (50.22) | 203.07 |
153.57
|
| Mar | Jun | Sep | Dec | Year | |
|---|---|---|---|---|---|
| ’26 | 0.33 | 0.50 | — | — |
—
|
| ’25 | 0.43 | 0.46 | 0.63 | 0.49 |
1.94
|
| ’24 | 0.39 | (0.90) | 0.48 | 0.41 |
0.39
|
| ’23 | 0.41 | 0.39 | 0.38 | 0.45 |
1.60
|
| ’22 | 0.75 | 0.47 | 0.40 | 0.44 |
2.05
|
| ’21 | 0.63 | 0.58 | 0.64 | 0.63 |
2.47
|
| ’20 | 0.19 | 0.42 | 0.08 | 1.02 |
1.71
|
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 41.67 | 35.85 | 39.03 | 37.63 | — | — | — |
Low Price
|
| ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 56.88 | 52.82 | 47.44 | 51.88 | — | — | — |
High Price
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6,178 | 5,967 | 5,765 | 5,654 | — | — | — |
Employees
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 0.35 | 0.33 | 0.34 | 0.37 | — | — | — |
Revenue/Emp
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2,141.52 | 1,965.31 | 1,978.21 | 2,090.00 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 64.65% | 62.77% | 48.90% | 62.18% | — | — | — |
Gross Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 512.60 | 429.81 | 121.15 | 490.27 | — | — | — |
EBT
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 23.94% | 21.87% | 6.12% | 23.46% | ‡‡‡ | ‡‡‡ | ‡‡‡ |
EBT Margin
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 423.21 | 341.30 | 83.59 | 424.88 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Net Income
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 242.10 | 235.50 | 221.70 | 197.11 | — | — | — |
Depreciation
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 10.19 | 9.07 | 8.89 | 9.62 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Revenue/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.05 | 1.60 | 0.39 | 1.94 | ‡‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡‡ |
Earnings/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.40 | 2.12 | 3.03 | 3.01 | — | — | — |
Cash Flow/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (0.71) | (0.75) | (0.77) | (0.95) | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Capex/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 2.69 | 1.37 | 2.26 | 2.06 | — | — | — |
Free CF/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 16.49 | 17.57 | 16.02 | 17.39 | — | — | — |
Book Value/Sh
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 210.19 | 216.74 | 222.62 | 217.22 | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ |
Shares
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 25.09 | 27.50 | 117.80 | 22.30 | ‡‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
PE Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.06 | 4.97 | 5.01 | 4.67 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PS Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3.12 | 2.56 | 2.78 | 2.59 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
PB Ratio
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 5.26 | 5.20 | 5.13 | 5.18 | ‡‡‡ | ‡‡‡‡ | ‡‡‡‡ |
EV/Sales
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 19.92 | 34.44 | 20.21 | 24.20 | — | — | — |
EV/FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 715.26 | 459.46 | 673.55 | 654.33 | ‡‡‡ | ‡‡‡ | ‡‡‡ |
Op' Cash Flow
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | (149.34) | (162.80) | (171.24) | (207.13) | ‡‡‡‡‡ | — | — |
Capex
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 565.93 | 296.65 | 502.31 | 447.20 | — | — | — |
FCF
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,419.43 | 1,068.27 | 917.82 | 1,482.94 | — | — | — |
Working Cap'
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 1,861.45 | 1,509.79 | 1,391.55 | 1,654.43 | — | — | — |
Total Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 443.18 | 452.01 | 238.56 | 555.51 | — | — | — |
Net Debt
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 3,466.61 | 3,807.76 | 3,567.34 | 3,778.15 | — | — | — |
Sh' Equity
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 6.81% | 5.50% | 1.42% | 7.10% | — | — | — |
ROA
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 8.50% | 6.01% | 1.60% | 6.72% | — | — | — |
ROIC
|
| ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | ‡‡‡‡‡ | 12.90% | 9.38% | 2.27% | 11.57% | — | — | — |
ROE
|
QIAGEN N.V. (QGEN) rode a COVID-19 revenue surge from $1.34 billion in 2016 to a $2.25 billion peak in 2021, but post-pandemic reality has stalled growth at a projected 0.4% for 2024 ($1.98 billion), with revenue per employee down 12% to $329,000. Gross margins have cratered to 48.9% in 2024 from mid-60% pre-2021, dragging EPS 84% lower to $0.39 and ROE to 2.3%, amid input cost inflation and PCR market commoditization. Despite a solid balance sheet with net debt at $239 million and positive free cash flow ($502 million in 2024), zero insider activity over 12 months signals caution in a competitive genomics landscape dominated by Illumina and Thermo Fisher.
Analyst forecasts promise rebound—revenue up 6% annually to $2.35 billion by 2027, EPS to $2.36, and margins recovering to 62%—implying 8% mean upside to price targets. Yet valuations strain credulity: 118x trailing PE on depressed earnings, PS ratios at 4.5-5x despite stagnation, and heroic assumptions of 23.5% EBT margin revival. Stock resilience, trading just 17% off 2021 highs amid 12% revenue decline, hints at multiple expansion over fundamentals, exposing risks from market saturation, Asia exposure, and macro shocks.
This disconnect—priced for perfection yet masking eroding moats—positions QGEN as a potential value trap if 2025 disappoints. Read the full analysis for quantitative deep dives into cash flows, acquisitions’ impact, and probabilistic scenarios.
Keep track of companies that you follow and research.
Full access to our data with predictions and indicators that we calculate daily.
Full access to our screener with tons of custom values and customizable email notifications.
Excel export of financials and screeners you define and save.