QuidelOrtho Corporation (QDEL) vs VAREX IMAGING (VREX)
QuidelOrtho Corporation and VAREX IMAGING are both Medical Devices companies. QuidelOrtho Corporation and VAREX IMAGING are of similar size ($784.3M and $733.1M). QuidelOrtho Corporation has negative trailing earnings, so its P/E is not meaningful; VAREX IMAGING trades at 34.8×. VAREX IMAGING grew revenue faster over the last twelve months: 5.31% against −2.46%. VAREX IMAGING has the higher net margin (2.55% vs −39.2%) and the higher return on invested capital (5.95% vs −11.4%). Across the 19 metrics below, VAREX IMAGING leads on 14 and QuidelOrtho Corporation on 5.
Valuation
Profitability
| Metric | QDEL | VREX | Medical Devices median |
|---|---|---|---|
| Gross margin | 44.60% | 34.32% | 56.01% |
| Operating margin | (30.84%) | 8.35% | (15.03%) |
| Net margin | (39.20%) | 2.55% | (20.40%) |
| Free cash flow margin | (7.90%) | (2.34%) | (7.24%) |
| Return on equity | (45.91%) | 4.51% | (15.32%) |
| Return on assets | (17.34%) | 2.03% | (19.72%) |
| Return on invested capital | (11.35%) | 5.95% | (10.33%) |
Growth
Health
Dividend
Size
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