QGEN Qiagen N.V. Common Shares
NYSE · Life Sciences Tools & Services · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Mar 20, 2026QGEN Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| Jan. 25, 2017 | 1-for-1 | Reverse |
| July 14, 2000 | 4-for-1 | Forward |
| July 16, 1999 | 2-for-1 | Forward |
About Qiagen N.V. Common Shares Company overview from Wikipedia
QIAGEN N.V. is a German-founded multinational provider of sample and assay technologies for molecular diagnostics, applied testing, academic research, and pharmaceutical research. The company operates in more than 35 offices in over 25 countries. QIAGEN N.V., the global corporate headquarter of the QIAGEN group, is located in Venlo, The Netherlands. The main operative headquarters are located in Hilden, Germany. European, American, Chinese, and Asian-Pacific regional headquarters are located respectively in Hilden, Germany; Germantown, Maryland, United States; Shanghai, China; and Singapore. QIAGEN's shares are listed at the NYSE (using ticker QGEN) and at the Frankfurt Stock Exchange in the Prime Standard (using ticker QIA). Thierry Bernard is the company's Chief Executive Officer (CEO).
History
In 1984, QIAGEN was established on November 29 by a team of scientists at the Heinrich Heine University Düsseldorf, Germany. Two years later, QIAGEN launched its first product. A kit for the purification of plasmids—small ring-shaped DNA molecules in bacterial cells. 1996 saw the initial public offering of QIAGEN on the American technology-oriented Nasdaq stock exchange, becoming the first German company to do so. 1997 saw the initial public offering on the Frankfurt Stock Exchange in Germany.
Acquisitions and Business Development Timeline
In 2004, QIAGEN acquired key assets of Molecular Staging, Inc. Two years later, QIAGEN established its Asia regional headquarters in Shanghai. In 2007 sales were US$649.8 million with more than 2,600 employees. QIAGEN acquired Digene for US$1.6 billion, furthering QIAGEN in molecular diagnostics by revenue and diagnostics for disease prevention.
In 2009, QIAGEN began building its Personalized Healthcare business through the acquisition of DxS Ltd, in a deal valued at US$95 million and it acquired SABiosciences Corp. in a deal valued at US$90 million. During this year it released a clinically verified diagnostic test for the detection of H1N1, more commonly known as Swine Flu. During 2009 QIAGEN had over US$1 billion in revenue and over 3,500 employees.
In 2010, QIAGEN acquired ESE GmbH for point of need testing devices for the application of molecular diagnostic tests without laboratory infrastructure.
In 2011, QIAGEN acquired Ipsogen S.A. for US$101 million, adding to the company's product and IP portfolio in the blood cancer space. QIAGEN also acquired Cellestis Limited for US$374 million, giving the company access to QuantiFERON technology for disease detection and prevention. The company added two new offices in the Asia Pacific region in New Delhi, India and Taipei, Taiwan. The company announced a comprehensive restructuring program to focus on high-growth areas such as personalized medicine and business in emerging markets. The program includes workforce reduction and internal restructuring affecting approximately 10% of the company's 3,900 positions.
In 2013, QIAGEN acquired Ingenuity Systems. QIAGEN also acquired CLC bio, which offers bioinformatics analysis software.
In 2015, QIAGEN acquired AdnaGen's circulating tumor cell enrichment technology. QIAGEN also acquired Enzymatic enzyme solutions. In March 2015, Qiagen divested its Marseille unit through a management buyout that led to the creation of HalioDx. In late 2015 the GeneReader NGS System was launched, and the acquisition of Mo Bio Laboratories was completed.
In 2016, QIAGEN acquired the Danish molecular diagnostics company Exiqon.
In 2017, QIAGEN acquired OmicSoft Corporation, a leading provider of highly curated public datasets.
In 2018, QIAGEN transferred its U.S. listing to the New York Stock Exchange. In April 2018, QIAGEN acquired the Spanish firm STAT-Dx and launched the QIAstat-Dx molecular diagnostics platform.
In 2019, QIAGEN announced the acquisition of Formulatrix assets to develop a digital PCR platform. An additional acquisition of N-of-One, a privately held U.S. molecular decision support company and pioneer in clinical interpretation services for complex genomic data, allowed it to expand its Qiagen Clinical Insights (QCI) bioinformatics offerings. In October 2019 QIAGEN entered into an agreement with Illumina granting QIAGEN non-exclusive rights to develop and globally commercialize in vitro diagnostic kits to be used together with Illumina's diagnostic instruments.
In September 2020 QIAGEN announced the acquisition of Michigan-based NeuMoDx Inc. giving it two fully integrated systems for automated PCR.
In May 2022, QIAGEN acquired the majority stake in BLIRT S.A., adding new R&D and manufacturing capabilities for customized and standardized recombinant enzymes, as well as molecular biology reagents.
In January 2023, the business announced its intention to acquire Verogen for $150 million. This deal included acquiring GEDmatch, a genetic genealogy service.
2020 Thermo Fisher Acquisition Target
On March 3, 2020, Thermo Fisher Scientific announced plans for the acquisition of QIAGEN at €39 per share in cash, which valued the transaction at $11.5 billion at the time. The day after an open letter by hedge fund Davidson Kempner Capital Management, one of QIAGEN's largest shareholders, to reject the bid as undervalued, Thermo Fisher raised their tender by 10% to €43 per share, an advance of $1B in value.
The acquisition offer was terminated on August 13, 2020, having only reached the threshold of 47% shareholder approval, below the minimum 66.6% required as per the agreement. Because of the lapsed offer, QIAGEN was required to reimburse $95 million to Thermo Fisher in expenses.
Resulting from the failed takeover bid, QIAGEN announced it would buy the outstanding 80.1% of shares in NeuMoDx Molecular Inc., which it did not already own, for about $234 million.
== References ==
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | QGEN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E | 23.15Y avg ≈45.5 | ≈45.5 | · | · | |
| P/S | 4.75Y avg ≈5.1 | ≈5.1 | · | · | |
| P/B | 2.65Y avg ≈2.9 | ≈2.9 | · | · | |
| EV / EBITDA | 15.65Y avg ≈21.0 | ≈21.0 | · | · | |
| Price / FCF | 21.55Y avg ≈23.7 | ≈23.7 | · | · | |
| Price / Cash Flow | 14.95Y avg ≈17.2 | ≈17.2 | · | · | |
| EV / Revenue | 4.95Y avg ≈5.3 | ≈5.3 | · | · | |
| EV / FCF | 22.75Y avg ≈24.7 | ≈24.7 | · | · | |
| Price / Tangible Book | 14.15Y avg ≈14.9 | ≈14.9 | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | QGEN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin | 62.2%5Y avg ≈60.6% | ≈60.6% | · | · | |
| Operating Margin | 22.3%5Y avg ≈20.2% | ≈20.2% | · | · | |
| EBITDA Margin | 31.6%5Y avg ≈30.0% | ≈30.0% | · | · | |
| Pretax Margin | 23.5%5Y avg ≈20.6% | ≈20.6% | · | · | |
| Net Profit Margin | 20.3%5Y avg ≈16.9% | ≈16.9% | · | · | |
| ROA | 7.1%5Y avg ≈5.9% | ≈5.9% | · | · | |
| ROE | 11.6%5Y avg ≈10.7% | ≈10.7% | · | · | |
| ROIC | 7.4%5Y avg ≈6.7% | ≈6.7% | · | · |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | QGEN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity | 0.45Y avg ≈0.5 | ≈0.5 | · | · | |
| Current Ratio | 3.95Y avg ≈2.7 | ≈2.7 | · | · | |
| Quick Ratio | 2.95Y avg ≈2.0 | ≈2.0 | · | · | |
| Long-Term Debt / Equity | 0.45Y avg ≈0.4 | ≈0.4 | · | · |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
Not enough fundamentals data to compute this ratio group yet.
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | QGEN | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.35Y avg ≈0.3 | ≈0.3 | · | · | |
| Inventory Turnover | 2.75Y avg ≈2.5 | ≈2.5 | · | · | |
| Receivables Turnover | 5.65Y avg ≈5.8 | ≈5.8 | · | · | |
| Revenue / Employee | ≈$380.0K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Jul 7, 2026 | $0.35 | USD | ≈0.90% |
| Jul 2, 2025 | $0.25 | USD | ≈0.51% |
| Jan 30, 2024 | $1.36 | USD | ≈3.1% |
| Jan 25, 2017 | $1.15 | USD | ≈4.0% |
| Dec 27, 2002 | $0.03 | USD | ≈0.58% |
| Dec 26, 2002 | $0.00 | USD | ≈0.04% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 3, 2026 | $0.62 | $0.61 | 1.6% |
| March 31, 2026 | $0.54 | $0.55 | -2.1% | |
| Dec. 31, 2025 | $0.62 | $0.64 | -3.0% | |
| Sept. 30, 2025 | $0.64 | $0.63 | 2.1% | |
| June 30, 2025 | $0.63 | $0.65 | -2.4% | |
| March 31, 2025 | $0.58 | $0.54 | 7.8% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.09B | $1.98B | $1.97B | $2.14B | $2.25B | $1.87B | $1.53B | $1.50B | $1.42B | $1.34B | $1.28B | $1.34B | |
| Cost of Revenue | $791M | $1.01B | $732M | $757M | $801M | $638M | $521M | $501M | $495M | $493M | $454M | $480M | |
| Gross Profit | $1.30B | $967M | $1.23B | $1.38B | $1.45B | $1.23B | $1.01B | $1.00B | $923M | $845M | $827M | $865M | |
| SG&A Expense | $126M | $113M | $119M | $130M | $128M | $112M | $112M | $105M | $102M | · | · | · | |
| Operating Expenses | $834M | $870M | $824M | $853M | $821M | $846M | $1.03B | $734M | $769M | $746M | $647M | $704M | |
| Operating Income | $466M | $98M | $410M | $531M | $630M | $386M | $-26M | $267M | $153M | $99M | $179M | $162M | |
| Interest Expense | · | · | $53M | $58M | $54M | $71M | $74M | $67M | $50M | $39M | $37M | $39M | |
| Interest Income | $64M | $68M | $79M | $33M | $10M | $10M | $22M | $21M | $11M | $7M | $5M | $4M | |
| Other Non-op | $-7M | $-739.0K | $-6M | $7M | $41M | $114M | $432.0K | $6M | $-4.0K | $-10M | $-11M | $-7M | |
| Pretax Income | $490M | $121M | $430M | $513M | $626M | $439M | $-78M | $226M | $114M | $57M | $136M | $119M | |
| Income Tax | $65M | $38M | $89M | $89M | $113M | $80M | $-36M | $35M | $74M | $-23M | $6M | $2M | |
| Net Income | $425M | $84M | $341M | $423M | $513M | $359M | $-41M | $190M | $40M | $80M | $130M | $116M | |
| EPS (Basic) | $1.96 | $0.38 | $1.50 | $1.86 | $2.25 | $1.57 | $-0.18 | $0.84 | $0.18 | $0.34 | $0.56 | $0.50 | |
| EPS (Diluted) | $1.94 | $0.37 | $1.48 | $1.84 | $2.21 | $1.53 | $-0.18 | $0.82 | $0.17 | $0.34 | $0.55 | $0.48 | |
| Shares (Basic) | 217,219,000 | 222,619,000 | 228,146,000 | 227,577,000 | 227,983,000 | 228,427,000 | 226,777,000 | 226,640,000 | 228,074,000 | 234,800,000 | 233,483,000 | 232,644,000 | |
| Shares (Diluted) | 218,880,000 | 224,717,000 | 230,619,000 | 230,136,000 | 232,034,000 | 234,214,000 | 226,777,000 | 233,456,000 | 233,009,000 | 238,993,000 | 238,647,000 | 242,806,000 | |
| EBITDA | $660M | $301M | $615M | $740M | $845M | $591M | $205M | $473M | $370M | $312M | $367M | $362M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $839M | $664M | $668M | $731M | $881M | $598M | $624M | $1.16B | $658M | $439M | $290M | $393M | |
| Short-term Investments | $260M | $489M | $390M | $688M | $185M | $117M | $130M | $235M | $359M | $93M | $131M | $184M | |
| Receivables | $403M | $349M | $382M | $324M | $362M | $381M | $385M | $352M | $329M | $278M | $274M | $265M | |
| Inventory | $302M | $279M | $398M | $358M | $328M | $291M | $171M | $163M | $156M | $137M | $137M | $132M | |
| Prepaid Expense | $192M | $178M | $310M | $294M | $355M | $237M | $105M | $109M | $99M | $67M | $70M | $114M | |
| Current Assets | $2.00B | $1.96B | $2.15B | $2.39B | $2.11B | $1.62B | $1.57B | $2.16B | $1.65B | $1.04B | $961M | $1.15B | |
| PP&E (Net) | $924M | $754M | $765M | $662M | $638M | $559M | $455M | $512M | $494M | $437M | $443M | $428M | |
| PP&E (Gross) | $1.39B | $1.27B | $1.28B | $1.17B | $1.27B | $1.19B | $1.15B | $1.12B | $1.06B | $888M | $853M | $821M | |
| Accum. Depreciation | $465M | $516M | $517M | $503M | $632M | $630M | $699M | $603M | $565M | $451M | $410M | $393M | |
| Goodwill | $2.70B | $2.43B | $2.48B | $2.35B | $2.35B | $2.36B | $2.14B | $2.11B | $2.01B | $1.93B | $1.88B | $1.89B | |
| Intangibles | $386M | $304M | $527M | $545M | $627M | $726M | $632M | $475M | $499M | $557M | $636M | $727M | |
| Other Non-current Assets | $275M | $247M | $197M | $203M | $231M | $162M | $188M | $160M | $120M | $283M | $261M | $258M | |
| Total Assets | $6.28B | $5.69B | $6.12B | $6.29B | $6.15B | $5.87B | $5.24B | $5.75B | $5.04B | $4.31B | $4.18B | $4.45B | |
| Accounts Payable | $73M | $83M | $84M | $99M | $101M | $118M | $85M | $69M | $59M | $51M | $52M | $46M | |
| Accrued Liabilities | $57M | $52M | $70M | $62M | $54M | $51M | $39M | $263M | $242M | $230M | $192M | $224M | |
| Current Liabilities | $512M | $1.04B | $1.08B | $975M | $1.52B | $572M | $951M | $972M | $325M | $308M | $268M | $432M | |
| Capital Leases | $129M | $97M | $79M | $71M | $77M | · | · | $22.0K | $57.0K | $2M | $2M | $4M | |
| Deferred Tax | · | · | · | · | $38M | $39M | $23M | $63M | $77M | $41M | $70M | $117M | |
| Other Non-current Liabilities | $337M | $241M | $207M | $218M | $247M | $187M | $106M | · | · | $6M | $0 | $207M | |
| Long-term Debt | $1.65B | $1.39B | $1.51B | $1.86B | $1.94B | $1.92B | $1.71B | $2.17B | $1.76B | $1.07B | $1.05B | $1.17B | |
| Total Debt | $1.65B | $1.39B | $1.51B | $1.86B | $1.94B | $1.92B | $1.71B | $2.17B | $1.76B | $1.07B | $1.06B | $1.17B | |
| Common Stock | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | $3M | |
| Paid-in Capital | $1.44B | $1.67B | $1.92B | $1.87B | $1.82B | $1.83B | $1.78B | $1.74B | $1.63B | $1.79B | $1.77B | $1.82B | |
| Retained Earnings | $2.75B | $2.45B | $2.46B | $2.16B | $1.79B | $1.32B | $1.18B | $1.38B | $1.25B | $1.26B | $1.21B | $1.13B | |
| Treasury Stock | $32M | $75M | $133M | $160M | $190M | $118M | $112M | $179M | $119M | $120M | $152M | $167M | |
| AOCI | $-377M | $-475M | $-434M | $-404M | $-327M | $-244M | $-310M | $-311M | $-221M | $-334M | $-259M | $-135M | |
| Stockholders' Equity | $3.78B | $3.57B | $3.81B | $3.47B | $3.10B | $2.80B | $2.54B | $2.63B | $2.54B | $2.61B | $2.57B | $2.66B | |
| Liabilities + Equity | $6.28B | $5.69B | $6.12B | $6.29B | $6.15B | $5.87B | $5.24B | $5.75B | $5.04B | $4.31B | $4.18B | $4.45B | |
| Shares Outstanding | 217,685,000 | 223,904,000 | 230,829,000 | 230,829,000 | 230,829,000 | 230,829,000 | 230,829,000 | · | · | · | · | · |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $194M | $203M | $205M | $208M | $215M | $205M | $231M | $206M | $216M | $213M | $191M | $201M | |
| Stock-based Comp | $50M | $44M | $47M | $50M | $38M | $41M | $66M | $40M | $34M | $28M | $24M | $41M | |
| Deferred Tax | $-20M | $-23M | $11M | $-10M | $-5M | $-7M | $-55M | $-23M | $60M | $-64M | $-32M | $-40M | |
| Amort. of Intangibles | $70M | $85M | $94M | $94M | $104M | $103M | $123M | $119M | $134M | $138M | $132M | $133M | |
| Restructuring | · | · | · | · | · | · | · | · | · | $79M | · | · | |
| Other Non-cash | $5M | $366M | $-145M | $44M | $-122M | $-141M | $130M | $-54M | $-65M | $86M | $9M | $-30M | |
| Operating Cash Flow | $654M | $674M | $459M | $715M | $639M | $458M | $331M | $359M | $287M | $342M | $317M | $288M | |
| CapEx | $201M | $167M | $150M | $129M | $190M | $133M | $118M | $110M | $90M | $75M | $98M | $87M | |
| Investing Cash Flow | $-305M | $-249M | $-88M | $-727M | $-202M | $-443M | $-222M | $-211M | $-464M | $-179M | $-146M | $-408M | |
| Debt Issued | $742M | $494M | $0 | $371M | $0 | $498M | $0 | $0 | $330M | $0 | $0 | $717M | |
| Net Debt Issued | $208M | $-107M | $-400M | $-109M | $-41M | $201M | $-506M | $0 | $330M | $-7M | $-252M | $330M | |
| Stock Issued | · | · | $163.0K | $121.0K | $8M | $8M | $2M | $4M | $6M | $6M | $10M | $12M | |
| Stock Repurchased | $280M | $292M | $0 | $0 | $100M | $64M | $74M | $105M | $61M | $0 | $21M | $127M | |
| Net Stock Activity | $-280M | $-292M | $163.0K | $121.0K | $-92M | $-56M | $-72M | $-100M | $-55M | $6M | $-11M | $-115M | |
| Dividends Paid | $54M | $0 | $0 | · | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-179M | $-423M | $-434M | $-126M | $-150M | $-50M | $-639M | $360M | $387M | $-11M | $-259M | $193M | |
| Net Change in Cash | $175M | $-5M | $-63M | $-150M | $283M | $-31M | $-530M | $501M | $219M | $149M | $-103M | $62M | |
| Taxes Paid | $17M | $16M | $82M | $120M | $102M | $43M | $41M | $29M | $40M | $23M | $34M | $13M | |
| Free Cash Flow | $453M | $506M | $310M | $586M | $449M | $325M | $213M | $250M | $197M | $267M | $220M | $201M | |
| Levered FCF | · | · | $267M | $538M | $404M | $267M | $173M | $193M | $179M | $212M | $184M | $162M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 62.2% | 48.9% | 62.8% | 64.6% | 64.4% | 65.9% | 65.9% | 66.6% | 65.1% | 63.1% | 64.5% | 64.3% | |
| Operating Margin | 22.3% | 4.9% | 20.9% | 24.8% | 28.0% | 20.7% | -1.7% | 17.8% | 10.8% | 7.4% | 13.7% | 12.0% | |
| Net Margin | 20.3% | 4.2% | 17.4% | 19.8% | 22.8% | 19.2% | -2.7% | 12.7% | 2.9% | 6.0% | 9.9% | 8.7% | |
| Pretax Margin | 23.5% | 6.1% | 21.9% | 23.9% | 27.8% | 23.5% | -5.1% | 15.0% | 8.1% | 4.2% | 10.3% | 8.8% | |
| EBITDA Margin | 31.6% | 15.2% | 31.3% | 34.5% | 37.5% | 31.6% | 13.5% | 31.5% | 26.1% | 23.3% | 28.7% | 26.9% | |
| ROA | 7.1% | 1.4% | 5.5% | 6.8% | 8.5% | 6.4% | -0.75% | 3.5% | 0.86% | 1.9% | 2.9% | 2.7% | |
| ROE | 11.6% | 2.3% | 9.4% | 12.9% | 17.4% | 13.5% | -1.6% | 7.4% | 1.6% | 3.1% | 4.9% | 4.3% | |
| ROIC | 7.4% | 1.4% | 6.1% | 8.2% | 10.2% | 6.7% | -0.33% | 4.7% | 1.3% | 3.8% | 4.7% | 4.2% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.9 | 3.6 | 2.0 | 2.5 | 1.4 | 2.7 | 1.7 | 2.2 | 5.1 | 3.4 | 3.6 | 2.7 | |
| Quick Ratio | 2.9 | 2.8 | 1.3 | 1.8 | 0.9 | 1.8 | 1.2 | 1.8 | 4.1 | 2.6 | 2.6 | 2.0 | |
| Debt / Equity | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 | 0.7 | 0.7 | 0.8 | 0.7 | 0.4 | 0.4 | 0.4 | |
| LT Debt / Equity | 0.4 | 0.4 | 0.2 | 0.4 | 0.4 | 0.7 | 0.6 | 0.6 | 0.7 | 0.4 | 0.4 | 0.4 | |
| Interest Coverage | · | · | 7.7 | 9.1 | 11.6 | 5.4 | -0.4 | 4.0 | 3.1 | 2.5 | 4.7 | 4.1 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.3 | 0.3 | 0.3 | 0.3 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | |
| Inventory Turnover | 2.7 | 3.0 | 1.9 | 2.2 | 2.6 | 2.8 | 3.1 | 3.1 | 3.4 | 3.6 | 3.4 | 3.7 | |
| Receivables Turnover | 5.6 | 5.4 | 5.6 | 6.2 | 6.1 | 4.9 | 4.1 | 4.4 | 4.7 | 4.8 | 4.8 | 5.1 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $17.36 | $15.93 | $16.50 | $15.02 | · | · | · | · | · | · | · | · | |
| Revenue / Share | $9.55 | $8.80 | $8.52 | $9.31 | $9.70 | $7.99 | $6.73 | $6.43 | $6.08 | $5.60 | $5.40 | $5.57 | |
| Cash Flow / Share | $2.99 | $3.00 | $1.99 | $3.11 | $2.75 | $1.95 | $1.46 | $1.54 | $1.23 | $1.43 | $1.34 | $1.19 | |
| Cash / Share | $3.85 | $2.96 | $2.89 | $3.17 | · | · | · | · | · | · | · | · | |
| Dividend / Share | $0.25 | · | · | · | · | · | · | · | · | · | · | · | |
| EPS (TTM) | $1.94 | $0.37 | $1.48 | $1.84 | $2.21 | $1.53 | $-0.18 | $0.82 | $0.17 | $0.34 | $0.55 | $0.48 |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $2.09B | $1.98B | $1.97B | $2.14B | $2.25B | $1.87B | $1.53B | $1.50B | $1.42B | $1.34B | $1.28B | $1.34B | |
| Net Income TTM | $425M | $84M | $341M | $423M | $513M | $359M | $-41M | $190M | $40M | $80M | $130M | $116M | |
| Market Cap | $9.79B | $9.97B | $10.35B | $11.88B | · | · | · | · | · | · | · | · | |
| Enterprise Value | $10.34B | $10.21B | $10.80B | $12.32B | · | · | · | · | · | · | · | · | |
| P/E | 23.2 | 120.4 | 30.3 | 28.0 | 26.0 | 35.6 | -193.8 | 43.4 | 187.8 | 88.4 | 53.9 | 52.4 | |
| P/S | 4.7 | 5.0 | 5.3 | 5.5 | · | · | · | · | · | · | · | · | |
| P/B | 2.6 | 2.8 | 2.7 | 3.4 | · | · | · | · | · | · | · | · | |
| P / Tangible Book | 14.2 | 11.9 | 12.8 | 20.9 | · | · | · | · | · | · | · | · | |
| P / Cash Flow | 15.0 | 14.8 | 22.5 | 16.6 | · | · | · | · | · | · | · | · | |
| P / FCF | 21.6 | 19.7 | 33.4 | 20.3 | · | · | · | · | · | · | · | · | |
| EV / EBITDA | 15.7 | 33.9 | 17.5 | 16.7 | · | · | · | · | · | · | · | · | |
| EV / FCF | 22.8 | 20.2 | 34.9 | 21.0 | · | · | · | · | · | · | · | · | |
| EV / Revenue | 4.9 | 5.2 | 5.5 | 5.8 | · | · | · | · | · | · | · | · | |
| Dividend Yield | 0.55% | 0.00% | 0.00% | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 4.3% | 0.83% | 3.3% | 3.6% | 3.9% | 2.8% | -0.52% | 2.3% | 0.53% | 1.1% | 1.8% | 1.9% | |
| Payout Ratio | 12.8% | · | · | · | · | · | · | · | · | · | · | · | |
| Annual Payout | $54M | $0 | $0 | · | · | · | · | · | · | · | · | · |
Per Share
| Metric | Trend | Q4 2009 | Q4 2008 | Q4 2007 | Q4 2006 | Q4 2005 | Q4 2004 | Q4 2003 | Q4 2002 | Q4 2001 |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS (TTM) | $0.64 | $0.44 | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | Q4 2009 | Q4 2008 | Q4 2007 | Q4 2006 | Q4 2005 | Q4 2004 | Q4 2003 | Q4 2002 | Q4 2001 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $1.01B | $893M | · | · | · | · | · | · | · | |
| Net Income TTM | $138M | $89M | · | · | · | · | · | · | · | |
| P/E | 37.4 | 42.8 | · | · | · | · | · | · | · | |
| Earnings Yield | 2.7% | 2.3% | · | · | · | · | · | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $2.09B | $1.98B | $1.97B | $2.14B | $2.25B |
| Gross Margin % | 62.2% | 48.9% | 62.8% | 64.6% | 64.4% |
| Operating Margin % | 22.3% | 4.9% | 20.9% | 24.8% | 28.0% |
| Net Income | $425M | $84M | $341M | $423M | $513M |
| Diluted EPS | $1.94 | $0.37 | $1.48 | $1.84 | $2.21 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.4 | 0.4 | 0.4 | 0.5 | 0.6 |
| Current Ratio | 3.9 | 3.6 | 2.0 | 2.5 | 1.4 |
| Quick Ratio | 2.9 | 2.8 | 1.3 | 1.8 | 0.9 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $453M | $506M | $310M | $586M | $449M |
Institutional owners (13F) 360 filers · $5.3B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 75 | 71 | 143 | 102 | · |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair. Change vs prior quarter not shown: filer coverage differs too much between these two quarters for a reliable comparison.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| WELLINGTON MANAGEMENT GROUP LLP | $484,208,430 | 12,406,763 | 9.17% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $259,963,853 | 6,648,681 | 4.93% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $240,223,927 | 6,209,904 | 4.55% | Shares |
| BlackRock, Inc. | $230,911,999 | 5,905,678 | 4.37% | Shares |
| MORGAN STANLEY | $197,157,544 | 5,042,391 | 3.74% | Shares |
| EARNEST PARTNERS LLC | $178,822,090 | 4,573,455 | 3.39% | Shares |
| GOLDMAN SACHS GROUP INC | $173,747,642 | 4,443,674 | 3.29% | Shares |
| NORGES BANK | $167,994,546 | 4,325,135 | 3.18% | Shares |
| MILLENNIUM MANAGEMENT LLC | $150,363,155 | 3,845,605 | 2.85% | Shares |
| Amundi | $144,019,455 | 3,683,362 | 2.73% | Shares |
| MARSHALL WACE, LLP | $135,927,514 | 3,491,480 | 2.58% | Shares |
| UBS Group AG | $133,690,525 | 3,419,195 | 2.53% | Shares |
| Helikon Investments Ltd | $120,629,561 | 3,085,155 | 2.29% | Shares |
| BANK OF AMERICA CORP /DE/ | $117,206,825 | 2,997,617 | 2.22% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $107,799,161 | 2,756,719 | 2.04% | Shares |
| Fivespan Partners, LP | $105,149,401 | 2,689,243 | 1.99% | Shares |
| SEI INVESTMENTS CO | $92,015,973 | 2,353,350 | 1.74% | Shares |
| Allspring Global Investments Holdings, LLC | $87,061,472 | 2,224,929 | 1.65% | Shares |
| DEUTSCHE BANK AG\ | $85,465,093 | 2,185,808 | 1.62% | Shares |
| STATE STREET CORP | $85,363,355 | 2,183,206 | 1.62% | Shares |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | $76,386,685 | 1,971,246 | 1.45% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $71,239,303 | 1,841,320 | 1.35% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $63,363,475 | 1,607,803 | 1.20% | Shares |
| NUANCE INVESTMENTS, LLC | $62,392,891 | 1,595,726 | 1.18% | Shares |
| Point72 Asset Management, L.P. | $62,123,840 | 1,588,845 | 1.18% | Shares |
| BARCLAYS PLC | $56,052,315 | 1,433,563 | 1.06% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $51,513,116 | 1,317,471 | 0.98% | Shares |
| Freestone Grove Partners LP | $51,288,330 | 1,311,722 | 0.97% | Shares |
| FIL Ltd | $50,316,465 | 1,290,558 | 0.95% | Shares |
| CAISSE DES DEPOTS ET CONSIGNATIONS | $49,547,014 | 1,278,373 | 0.94% | Shares |
| Caisse de depot et placement du Quebec | $49,437,782 | 1,275,560 | 0.94% | Shares |
| Nuveen, LLC | $45,273,155 | 1,161,094 | 0.86% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $42,018,424 | 1,074,640 | 0.80% | Shares |
| Universal- Beteiligungs- und Servicegesellschaft mbH | $41,341,077 | 1,066,743 | 0.78% | Shares |
| NORTHERN TRUST CORP | $39,810,252 | 1,018,165 | 0.75% | Shares |
| VANGUARD ASSET MANAGEMENT, Ltd | $38,001,266 | 982,351 | 0.72% | Shares |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | $37,680,586 | 965,698 | 0.71% | Shares |
| JPMORGAN CHASE & CO | $35,628,163 | 895,404 | 0.67% | Shares |
| Sone Capital Management, LLC | $33,297,990 | 851,611 | 0.63% | Shares |
| Bank of New York Mellon Corp | $32,820,210 | 839,392 | 0.62% | Shares |
| CITADEL ADVISORS LLC | $32,546,488 | 832,391 | 0.62% | Shares |
| CITIGROUP INC | $29,515,807 | 754,880 | 0.56% | Shares |
| DNCA FINANCE | $29,439,083 | 759,564 | 0.56% | Shares |
| FMR LLC | $27,467,523 | 708,743 | 0.52% | Shares |
| Swiss National Bank | $27,031,805 | 699,595 | 0.51% | Shares |
| Jefferies Financial Group Inc. | $23,955,636 | 618,798 | 0.45% | Shares |
| Invesco Ltd. | $22,837,974 | 584,091 | 0.43% | Shares |
| Longaeva Partners L.P. | $20,723,000 | 530,000 | 0.39% | Shares |
| ROYAL BANK OF CANADA | $19,692,000 | 503,608 | 0.37% | Shares |
| READYSTATE ASSET MANAGEMENT LP | $19,550,000 | 500,000 | 0.37% | Put option |
Activists & 5%+ owners 3 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Burlington Loan Management DAC, Davidson Kempner Capital Management LP, Anthony A. Yoseloff ×2 filings | Jan. 22, 2021 | · | Initial filing | · | SEC |
| QIAGEN N.V. - N/A | July 30, 2007 | · | Initial filing | M&A / sale | SEC |
| QIAGEN N.V. ×3 filings | May 16, 2007 | · | Initial filing | M&A / sale | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
ETF ownership Held by 23 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PBE · Invesco Exchange-Traded Fund Trust | 2.72% | 268,829.38 SH | Oct. 2, 2026 | Daily |
| HTEC · EXCHANGE TRADED CONCEPTS TRUST | 1.58% | 26,387 NS | July 31, 2026 | N-PORT |
| DAX · Global X Funds | 0.42% | 23,563 NS | July 31, 2026 | N-PORT |
| TOUS · T. Rowe Price Exchange-Traded Funds… | 0.41% | 156,206 NS | July 31, 2026 | N-PORT |
| DFIS · Dimensional ETF Trust | 0.30% | 411,223 NS | July 31, 2026 | N-PORT |
| IYH · iShares Trust | 0.14% | 120,092 SH | Sept. 11, 2026 | Daily |
| SMMD · iShares Trust | 0.12% | 110,031 SH | Sept. 11, 2026 | Daily |
| VFVA · VANGUARD WELLINGTON FUND | 0.12% | 26,158 SH | Aug. 19, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.09% | 17,943 SH | Oct. 2, 2026 | Daily |
| DFIC · Dimensional ETF Trust | 0.09% | 321,065 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.08% | 305,930 SH | Sept. 10, 2026 | Daily |
| IWR · iShares Trust | 0.06% | 842,479 SH | Sept. 11, 2026 | Daily |
| DFSI · Dimensional ETF Trust | 0.05% | 13,310 NS | July 31, 2026 | N-PORT |
| DFAX · Dimensional ETF Trust | 0.04% | 106,617 NS | July 31, 2026 | N-PORT |
| DXIV · Dimensional ETF Trust | 0.03% | 1,292 NS | July 31, 2026 | N-PORT |
| IWD · iShares Trust | 0.02% | 456,745 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.02% | 23,598 SH | Oct. 2, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.02% | 124,105 SH | Aug. 19, 2026 | Daily |
| DFAI · Dimensional ETF Trust | 0.02% | 66,036 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.01% | 61,289 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.01% | 142,264 SH | Sept. 11, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.01% | 33,620 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.01% | 17,435 SH | Aug. 19, 2026 | Daily |
QGEN Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
15 analysts · 2026-10-01Mean target $46.27 +3.4%
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