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Side-by-side financial comparison of QuidelOrtho Corp (QDEL) and W. P. Carey Inc. (WPC). Click either name above to swap in a different company.

QuidelOrtho Corp is the larger business by last-quarter revenue ($699.9M vs $444.5M, roughly 1.6× W. P. Carey Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs -104.7%, a 138.1% gap on every dollar of revenue. On growth, W. P. Carey Inc. posted the faster year-over-year revenue change (9.4% vs -3.7%). Over the past eight quarters, W. P. Carey Inc.'s revenue compounded faster (6.8% CAGR vs -2.9%).

QuidelOrtho Corporation is an American manufacturer of diagnostic healthcare products that are sold worldwide.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

QDEL vs WPC — Head-to-Head

Bigger by revenue
QDEL
QDEL
1.6× larger
QDEL
$699.9M
$444.5M
WPC
Growing faster (revenue YoY)
WPC
WPC
+13.2% gap
WPC
9.4%
-3.7%
QDEL
Higher net margin
WPC
WPC
138.1% more per $
WPC
33.4%
-104.7%
QDEL
Faster 2-yr revenue CAGR
WPC
WPC
Annualised
WPC
6.8%
-2.9%
QDEL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
QDEL
QDEL
WPC
WPC
Revenue
$699.9M
$444.5M
Net Profit
$-733.0M
$148.3M
Gross Margin
Operating Margin
-100.7%
34.5%
Net Margin
-104.7%
33.4%
Revenue YoY
-3.7%
9.4%
Net Profit YoY
-3583.4%
215.4%
EPS (diluted)
$-10.78

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
QDEL
QDEL
WPC
WPC
Q4 25
$444.5M
Q3 25
$699.9M
$431.3M
Q2 25
$613.9M
$430.8M
Q1 25
$692.8M
$409.9M
Q4 24
$707.8M
$406.2M
Q3 24
$727.1M
$397.4M
Q2 24
$637.0M
$389.7M
Q1 24
$711.0M
$389.8M
Net Profit
QDEL
QDEL
WPC
WPC
Q4 25
$148.3M
Q3 25
$-733.0M
$141.0M
Q2 25
$-255.4M
$51.2M
Q1 25
$-12.7M
$125.8M
Q4 24
$-178.4M
$47.0M
Q3 24
$-19.9M
$111.7M
Q2 24
$-147.7M
$142.9M
Q1 24
$-1.7B
$159.2M
Operating Margin
QDEL
QDEL
WPC
WPC
Q4 25
34.5%
Q3 25
-100.7%
34.7%
Q2 25
-29.4%
15.0%
Q1 25
4.7%
33.5%
Q4 24
-14.2%
13.5%
Q3 24
2.1%
30.4%
Q2 24
-18.4%
38.3%
Q1 24
-247.3%
43.0%
Net Margin
QDEL
QDEL
WPC
WPC
Q4 25
33.4%
Q3 25
-104.7%
32.7%
Q2 25
-41.6%
11.9%
Q1 25
-1.8%
30.7%
Q4 24
-25.2%
11.6%
Q3 24
-2.7%
28.1%
Q2 24
-23.2%
36.7%
Q1 24
-239.9%
40.8%
EPS (diluted)
QDEL
QDEL
WPC
WPC
Q4 25
Q3 25
$-10.78
Q2 25
$-3.77
Q1 25
$-0.19
Q4 24
$-2.54
Q3 24
$-0.30
Q2 24
$-2.20
Q1 24
$-25.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
QDEL
QDEL
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$98.1M
$155.3M
Total DebtLower is stronger
$2.5B
$8.7B
Stockholders' EquityBook value
$2.0B
$8.1B
Total Assets
$5.7B
$18.0B
Debt / EquityLower = less leverage
1.23×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
QDEL
QDEL
WPC
WPC
Q4 25
$155.3M
Q3 25
$98.1M
$249.0M
Q2 25
$151.7M
$244.8M
Q1 25
$127.1M
$187.8M
Q4 24
$98.3M
$640.4M
Q3 24
$143.7M
$818.2M
Q2 24
$107.0M
$1.1B
Q1 24
$78.5M
$777.0M
Total Debt
QDEL
QDEL
WPC
WPC
Q4 25
$8.7B
Q3 25
$2.5B
$8.7B
Q2 25
$2.1B
$8.6B
Q1 25
$2.1B
$7.9B
Q4 24
$2.1B
$8.0B
Q3 24
$2.2B
$8.0B
Q2 24
$2.2B
$8.1B
Q1 24
$2.2B
$7.9B
Stockholders' Equity
QDEL
QDEL
WPC
WPC
Q4 25
$8.1B
Q3 25
$2.0B
$8.2B
Q2 25
$2.8B
$8.2B
Q1 25
$3.0B
$8.4B
Q4 24
$3.0B
$8.4B
Q3 24
$3.2B
$8.6B
Q2 24
$3.2B
$8.6B
Q1 24
$3.3B
$8.7B
Total Assets
QDEL
QDEL
WPC
WPC
Q4 25
$18.0B
Q3 25
$5.7B
$18.0B
Q2 25
$6.4B
$18.0B
Q1 25
$6.5B
$17.3B
Q4 24
$6.4B
$17.5B
Q3 24
$6.8B
$17.6B
Q2 24
$6.7B
$17.8B
Q1 24
$6.7B
$17.6B
Debt / Equity
QDEL
QDEL
WPC
WPC
Q4 25
1.07×
Q3 25
1.23×
1.06×
Q2 25
0.74×
1.05×
Q1 25
0.70×
0.94×
Q4 24
0.72×
0.95×
Q3 24
0.68×
0.93×
Q2 24
0.70×
0.94×
Q1 24
0.68×
0.91×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
QDEL
QDEL
WPC
WPC
Operating Cash FlowLast quarter
$-45.5M
$304.6M
Free Cash FlowOCF − Capex
$-94.7M
FCF MarginFCF / Revenue
-13.5%
Capex IntensityCapex / Revenue
7.0%
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters
$-153.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
QDEL
QDEL
WPC
WPC
Q4 25
$304.6M
Q3 25
$-45.5M
$300.5M
Q2 25
$-46.8M
$404.0M
Q1 25
$65.6M
$273.2M
Q4 24
$63.7M
$296.3M
Q3 24
$117.9M
$280.2M
Q2 24
$-97.9M
$221.0M
Q1 24
$-700.0K
$1.0B
Free Cash Flow
QDEL
QDEL
WPC
WPC
Q4 25
Q3 25
$-94.7M
Q2 25
$-84.3M
Q1 25
$9.4M
Q4 24
$16.5M
Q3 24
$71.4M
Q2 24
$-133.2M
Q1 24
$-66.8M
FCF Margin
QDEL
QDEL
WPC
WPC
Q4 25
Q3 25
-13.5%
Q2 25
-13.7%
Q1 25
1.4%
Q4 24
2.3%
Q3 24
9.8%
Q2 24
-20.9%
Q1 24
-9.4%
Capex Intensity
QDEL
QDEL
WPC
WPC
Q4 25
Q3 25
7.0%
Q2 25
6.1%
Q1 25
8.1%
Q4 24
6.7%
Q3 24
6.4%
Q2 24
5.5%
Q1 24
9.3%
Cash Conversion
QDEL
QDEL
WPC
WPC
Q4 25
2.05×
Q3 25
2.13×
Q2 25
7.89×
Q1 25
2.17×
Q4 24
6.30×
Q3 24
2.51×
Q2 24
1.55×
Q1 24
6.50×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

QDEL
QDEL

Labs$373.8M53%
Point Of Care$164.6M24%
Immunohematology$142.0M20%
Donor Screening$14.7M2%
Molecular Diagnostics$4.8M1%
Collaborative Arrangement Transaction With Party To Collaborative Arrangement$2.1M0%

WPC
WPC

Segment breakdown not available.

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