NEOG vs QDEL
Neogen Corp. and QuidelOrtho Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | NEOG | QDEL |
|---|---|---|
| Revenue | $870.4M | $2.7B |
| Net income | $-7.9M | $-1.1B |
| Gross margin | 46.9% | 46.7% |
| Net margin | −0.9% | −41.5% |
| Return on equity | −0.4% | −46.1% |
| Diluted EPS | −$0.04 | −$16.69 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $31.9M | $-83.0M |
| Equity | $2.1B | $1.9B |
| Net debt / equity | 0.29× | 1.41× |
| Current ratio | 3.82× | 1.50× |
| Revenue CAGR 5y | 13.2% | 10.4% |
| Profit CAGR 5y | · | · |
QDEL bills 3.1× the revenue of NEOG, and both closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | NEOG | QDEL |
|---|---|---|
| FY2025 | $870.4M | $2.7B |
| FY2024 | $894.7M | $2.8B |
| FY2023 | $924.2M | $3.0B |
| FY2022 | $822.4M | $3.3B |
| FY2021 | $527.2M | $1.7B |
| FY2020 | $468.5M | $1.7B |
Bottom line
| Fiscal year | NEOG | QDEL |
|---|---|---|
| FY2025 | $-7.9M | $-1.1B |
| FY2024 | $-1.1B | $-2.1B |
| FY2023 | $-9.4M | $-10.1M |
| FY2022 | $-22.9M | $548.7M |
| FY2021 | $48.3M | $704.2M |
| FY2020 | $60.9M | $810.3M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$1,859,800,000 | QDEL |
| FY2024 | −$1,888,200,000 | QDEL |
| FY2023 | −$2,073,600,000 | QDEL |
| FY2022 | −$2,443,553,000 | QDEL |
| FY2021 | −$1,171,441,000 | QDEL |
| FY2020 | −$1,193,241,000 | QDEL |
QDEL has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +40.5 pp | NEOG |
| FY2024 | −48.3 pp | QDEL |
| FY2023 | −0.7 pp | QDEL |
| FY2022 | −19.6 pp | QDEL |
| FY2021 | −32.3 pp | QDEL |
| FY2020 | −35.8 pp | QDEL |
The higher net margin has changed hands between NEOG and QDEL over this period.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
NEOG's net margin has been more volatile than QDEL's over the 6 comparable fiscal years — 47.1 percentage points of standard deviation against 43.8.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between NEOG and QDEL over these 6 fiscal years — NEOG led in 1 and QDEL in 5.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QDEL's return on equity has been more volatile than NEOG's over the 6 comparable fiscal years — 41.8 percentage points of standard deviation against 16.8.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between NEOG and QDEL over these 6 fiscal years — NEOG led in 2 and QDEL in 4.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.