QuidelOrthoQDEL +2.00%47 Gross Margin % is 42.56% as of Mar. 2026, which is 28% below its 10-year median of 58.80. GuruFocus rates QDEL with a GF Score™ of 47/100 and a GF Value™ of $37.28 (Possible Value Trap). The stock has 8 warning signs investors should review. Among 806 Medical Devices & Instruments companies, QuidelOrtho ranks worse than 61.79% on this metric.
QuidelOrtho Corp gross margin has been in long-term decline. The average rate of decline per year is -11.8%.
The historical rank and industry rank for QuidelOrtho's Gross Margin % or its related term are showing as below:
QDEL'
s Gross Margin % Range Over the Past 10 Years
Min: 44.96 Med: 58.8 Max: 81.17
Current: 44.96
During the past 13 years, the highestGross Margin % of QuidelOrtho was 81.17%. The lowest was 44.96%. And the median was 58.80%.
QDEL's Gross Margin % is ranked worse than 61.79% of 806
companies
in the Medical Devices & Instruments industry
Industry Median: 51.985
vs QDEL: 44.96
QuidelOrtho had a gross margin of 42.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for QuidelOrtho was -11.80% per year.
QuidelOrtho (NAS:QDEL) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
QuidelOrtho had a gross margin of 42.56% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
QuidelOrtho Gross Margin % Related Terms
QuidelOrtho Gross Margin % Historical Data
* Premium members only.
The historical data trend for QuidelOrtho's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
QDEL vs AVR, INMD, CNMD: Gross Margin % Comparison
For the Medical Devices subindustry, QuidelOrtho's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
QuidelOrtho Gross Margin % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, QuidelOrtho's Gross Margin % distribution charts can be found below:
* The bar in red indicates where QuidelOrtho's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
QuidelOrtho (QDEL) has a Gross Margin % of 42.56% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on QuidelOrtho and its competitors. This is 28% below median its historical median of 58.80. Over the past decade, QuidelOrtho's Gross Margin % has ranged from 44.96 to 81.17. According to the industry distribution chart, QuidelOrtho ranks #498 out of 806 companies in the Medical Devices & Instruments industry, placing it in the top 61.8%.
Is QuidelOrtho's Gross Margin % too high?
QuidelOrtho's current Gross Margin % of 42.56% is 28% below median its 10-year median of 58.80. Over the past 10 years, this metric has ranged from a low of 44.96 to a high of 81.17. The Medical Devices & Instruments industry median Gross Margin % is 51.99. QuidelOrtho's value of 42.56% is 18.1% below this industry median. Based on the distribution chart, QuidelOrtho ranks #498 out of 806 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, QuidelOrtho has a GF Score™ of 47/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does QuidelOrtho's Gross Margin % compare to AVR and INMD?
According to the Medical Devices & Instruments industry distribution chart, QuidelOrtho ranks #498 out of 806 companies for Gross Margin %. This places QuidelOrtho in the lower half of its industry. The industry median Gross Margin % is 51.99. QuidelOrtho's value of 42.56% is 18.1% below this benchmark. Historically, QuidelOrtho's own Gross Margin % has ranged from 44.96 to 81.17 over the past decade. While the company's 10-year median is 58.80 vs. the industry median of 51.99, QuidelOrtho has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 51.99, based on 806 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. QuidelOrtho's current Gross Margin % of 42.56% is 18.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on QuidelOrtho and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 51.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. QuidelOrtho's current Gross Margin % is 42.56%, which is 28% below median its own 10-year median of 58.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is QuidelOrtho stock overvalued right now?
Based on GuruFocus' analysis, QuidelOrtho (QDEL) is currently considered Possible Value Trap. The stock's GF Value™ is $37.28, compared to a current price of $13.72 — trading 63.2% below its estimated fair value. The current Gross Margin % is 42.56%, which is 28% below median its 10-year median of 58.80 and 18.1% below the Medical Devices & Instruments industry median of 51.99. QuidelOrtho's overall GF Score™ is 47/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For QuidelOrtho (QDEL), the current Gross Margin % is 42.56% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is QuidelOrtho (QDEL) Overvalued in 2026?
Based on GuruFocus' analysis, QuidelOrtho stock appears to be undervalued.
The current stock price of $13.72 is trading 63.2% below its estimated GF Value™ of $37.28.
GuruFocus considers QuidelOrtho to be Possible Value Trap.
Key valuation signals for QDEL:
Gross Margin %: 42.56% (28% below median its 10-year median of 58.80)
GF Value™: $37.28 vs. price of $13.72 (63.2% below fair value)
Industry Position: 18.1% below the Medical Devices & Instruments median (#498 of 806)
No single metric tells the full story. See the QDEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
QuidelOrtho Corp is engaged in the development, manufacturing, and marketing of rapid diagnostic testing solutions. The company is engaged in immunoassay and molecular testing, clinical chemistry, and transfusion medicine, which helps clinicians and patients to make decisions across the globe. Geographically, the company has its presence in North America, EMEA, China, and Other countries. It generates the majority of its revenue from North America.
47GF Score
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