Capital Allocation StrategyThe intent to return ~$300mn in shareholder capital is seen as a disciplined and shareholder-friendly capital allocation strategy by QIAGEN.
Operational Execution3Q was evidence of another solid quarter of commercial execution from QGEN, with organic growth, margins, EPS and FCF all ahead of plan.
Strong Financial PositionQGEN has a net debt-EBITDA of approximately 0.0x and projected free cash flow of more than $500M per year over the next three years, indicating a strong financial position.