Quest Diagnostics Inc financials

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DGX CIK 0001022079

Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:00:30Z

Key metrics by reporting period

Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.

Derived Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Free Cash Flow 1.36B 909.00M 864.00M 1.31B 1.83B 1.59B
EBITDA 2.13B 1.84B 1.70B 1.86B 2.79B 2.33B
Working Capital 100.00M 223.00M 557.00M 347.00M 988.00M 1.28B
Net Debt 5.98B 6.39B 4.69B 4.32B 3.82B 3.52B
Gross Margin 33.21% 32.86% 33.00% 34.74% 39.02% 38.50%
Operating Margin 14.10% 13.63% 13.64% 14.45% 22.07% 20.89%
Net Margin 8.99% 8.82% 9.23% 9.57% 18.49% 15.16%
Return on Equity (ROE) 13.84% 12.85% 13.54% 16.05% 30.96% 21.17%
Return on Assets (ROA) 6.11% 5.39% 6.09% 7.37% 14.66% 10.20%
Current Ratio 1.0439 1.1028 1.3069 1.2237 1.5636 1.7218
Debt-to-Equity 0.893 1.0242 0.8524 0.7858 0.728 0.6927
Effective Tax Rate 23.82% 23.23% 21.95% 21.38% 22.97% 24.42%
Cash Conversion Ratio 1.9012 1.5316 1.4895 1.8161 1.1193 1.4011
Accruals Ratio -0.0551 -0.0287 -0.0298 -0.0601 -0.0175 -0.0409
SBC % of Revenue 0.80% 0.89% 0.83% 0.78% 0.73% 1.03%
CapEx Coverage 3.5787 3.1388 3.1176 4.2525 5.5409 4.7967
Free Cash Flow Per Share $12.03 $8.04 $7.65 $11.14 $14.30 $11.67

Valuation Metrics

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
P/E Trailing (Diluted) 19.832 19.6177 18.4085 19.6286 11.126 11.382
P/FCF 14.429 18.7539 18.033 14.0486 12.1012 10.2124
FCF Yield 6.93% 5.33% 5.55% 7.12% 8.26% 9.79%
EV / EBITDA 16.0371 16.7658 15.8886 15.9031 11.4187 12.6003
P/S 2.5475 2.4756 2.4142 2.5643 2.598 2.7403
P/B 3.9208 3.6057 3.5416 4.3006 4.3494 3.826

Income Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Revenue from Contract with Customer, Excluding Assessed Tax 11.04B 9.87B 9.25B 9.88B 10.79B 9.44B
Cost of Revenue 7.37B 6.63B 6.20B 6.45B 6.58B 5.80B
Gross Profit — — — — — 3.63B
Selling, General and Administrative Expense 1.97B 1.77B 1.64B 1.87B 1.73B 1.55B
Operating Income (Loss) 1.56B 1.35B 1.26B 1.43B 2.38B 1.97B
Income Tax Expense (Benefit) 314.00M 273.00M 248.00M 264.00M 597.00M 460.00M
Net Income (Loss) Attributable to Parent 992.00M 871.00M 854.00M 946.00M 2.00B 1.43B
Earnings Per Share, Basic $8.87 $7.78 $7.59 $8.10 $15.85 $10.62
Weighted Average Number of Shares Outstanding, Basic 111.00M 111.00M 112.00M 116.00M 125.00M 134.00M
Earnings Per Share, Diluted $8.75 $7.69 $7.49 $7.97 $15.55 $10.47
Weighted Average Number of Shares Outstanding, Diluted 113.00M 113.00M 113.00M 118.00M 128.00M 136.00M

Balance Sheet

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Cash and Cash Equivalents, at Carrying Value 420.00M 549.00M 686.00M 315.00M 872.00M 1.16B
Assets, Current 2.38B 2.39B 2.37B 1.90B 2.74B 3.06B
Assets 16.23B 16.15B 14.02B 12.84B 13.61B 14.03B
Long-term Debt 5.67B 6.22B 4.71B 3.98B 4.01B 4.01B
Liabilities, Current 2.28B 2.17B 1.81B 1.55B 1.75B 1.78B
Long-term Debt, Excluding Current Maturities 5.17B 5.62B 4.41B 3.98B 4.01B 4.01B
Stockholders' Equity Attributable to Parent 7.17B 6.78B 6.31B 5.89B 6.44B 6.76B

Cash Flow Statement

Concept FY 2025FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash Provided by (Used in) Operating Activities 1.89B 1.33B 1.27B 1.72B 2.23B 2.00B
Payments to Acquire Property, Plant, and Equipment 527.00M 425.00M 408.00M 404.00M 403.00M 418.00M
Net Cash Provided by (Used in) Investing Activities -631.00M -2.55B -1.06B -543.00M 21.00M -772.00M
Payments for Repurchase of Common Stock 450.00M 151.00M 275.00M 1.41B 2.20B 325.00M
Net Cash Provided by (Used in) Financing Activities -1.39B 1.08B 160.00M -1.73B -2.54B -1.27B

Raw XBRL tagging for a single filing

Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.

Most recent filing shown by default.

Compare filings side-by-side

Diff any two filings with deltas and added / removed tags.

Immaterial rows are USD line items under 1% of the period's revenue — the noise floor below which a single tag rarely moves the investment thesis. Revenue is read from the filer's top-line concept (Revenues / RevenueFromContractWithCustomerExcludingAssessedTax, with a fallback chain). Non-USD rows, rows without a numeric value, and every row on a filing with no identifiable revenue anchor stay visible. Flip the switch off to see every tag the filer reported for the period.

Income Statement

23 concepts 3 units
Unit US$ · 18 concepts
Label Value Period
Other Operating Income (Expense), Net -2.00M 2026-01-01 → 2026-03-31
Revenue from Contract with Customer, Excluding Assessed Tax 2.90B 2026-01-01 → 2026-03-31
Interest and Dividend Income, Operating 2.00M 2026-01-01 → 2026-03-31
InterestExpenseOperating 65.00M 2026-01-01 → 2026-03-31
Interest Income (Expense), Net -63.00M 2026-01-01 → 2026-03-31
Cost of Revenue 1.95B 2026-01-01 → 2026-03-31
Costs and Expenses 2.50B 2026-01-01 → 2026-03-31
Amortization of Intangible Assets 37.00M 2026-01-01 → 2026-03-31
Selling, General and Administrative Expense 504.00M 2026-01-01 → 2026-03-31
Operating Income (Loss) 399.00M 2026-01-01 → 2026-03-31
Other Nonoperating Income (Expense) -2.00M 2026-01-01 → 2026-03-31
Nonoperating Income (Expense) -65.00M 2026-01-01 → 2026-03-31
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Noncontrolling Interest 334.00M 2026-01-01 → 2026-03-31
Income (Loss) from Equity Method Investments 4.00M 2026-01-01 → 2026-03-31
Income Tax Expense (Benefit) 74.00M 2026-01-01 → 2026-03-31
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 264.00M 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Noncontrolling Interest 12.00M 2026-01-01 → 2026-03-31
Net Income (Loss) Attributable to Parent 252.00M 2026-01-01 → 2026-03-31
Unit shares · 2 concepts
Label Value Period
Weighted Average Number of Shares Outstanding, Basic 110.00M 2026-01-01 → 2026-03-31
Weighted Average Number of Shares Outstanding, Diluted 112.00M 2026-01-01 → 2026-03-31
Unit US$ / share · 3 concepts
Label Value Period
Earnings Per Share, Basic $2.27 2026-01-01 → 2026-03-31
Earnings Per Share, Diluted $2.24 2026-01-01 → 2026-03-31
Common Stock, Dividends, Per Share, Declared $0.86 2026-01-01 → 2026-03-31

Comprehensive Income

5 concepts 1 unit

Balance Sheet

35 concepts 3 units
Unit US$ · 31 concepts
Label Value Period
Cash and Cash Equivalents, at Carrying Value 393.00M as of 2026-03-31
Accounts Receivable, Allowance for Credit Loss, Current 27.00M as of 2026-03-31
Accounts Receivable, after Allowance for Credit Loss, Current 1.59B as of 2026-03-31
Inventory, Net 225.00M as of 2026-03-31
Assets, Current 2.57B as of 2026-03-31
Operating Lease, Right-of-Use Asset 691.00M as of 2026-03-31
Property, Plant and Equipment, Net 2.19B as of 2026-03-31
Equity Method Investments 134.00M as of 2026-03-31
Goodwill 9.12B as of 2026-03-31
Intangible Assets, Net (Excluding Goodwill) 1.72B as of 2026-03-31
Other Assets, Noncurrent 256.00M as of 2026-03-31
Dividends Payable 96.00M as of 2026-03-31
Assets 16.67B as of 2026-03-31
Accounts Payable and Accrued Liabilities, Current 1.50B as of 2026-03-31
Business Combination, Contingent Consideration, Liability 99.00M as of 2026-03-31
Long-term Debt, Current Maturities 503.00M as of 2026-03-31
Liabilities, Current 2.18B as of 2026-03-31
Long-term Debt and Lease Obligation 5.16B as of 2026-03-31
Deferred Compensation Liability, Classified, Noncurrent 152.00M as of 2026-03-31
Other Liabilities, Noncurrent 1.02B as of 2026-03-31
Operating Lease, Liability, Noncurrent 574.00M as of 2026-03-31
Redeemable Noncontrolling Interest, Equity, Carrying Amount 79.00M as of 2026-03-31
Common Stock, Value, Issued 2.00M as of 2026-03-31
Additional Paid in Capital, Common Stock 2.35B as of 2026-03-31
Treasury Stock, Value 5.09B as of 2026-03-31
Accumulated Other Comprehensive Income (Loss), Net of Tax -43.00M as of 2026-03-31
Retained Earnings (Accumulated Deficit) 10.15B as of 2026-03-31
Stockholders' Equity Attributable to Parent 7.37B as of 2026-03-31
Stockholders' Equity Attributable to Noncontrolling Interest 300.00M as of 2026-03-31
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 7.67B as of 2026-03-31
Liabilities and Equity 16.67B as of 2026-03-31
Unit shares · 3 concepts
Label Value Period
Common Stock, Shares Authorized 600.00M as of 2026-03-31
Common Stock, Shares, Issued 162.00M as of 2026-03-31
Treasury Stock, Common, Shares 51.00M as of 2026-03-31
Unit US$ / share · 1 concept
Label Value Period
Common Stock, Par or Stated Value Per Share $0.01 as of 2026-03-31

Cash Flow Statement

28 concepts 1 unit
Unit US$ · 28 concepts
Label Value Period
Income Taxes Paid 8.00M 2026-01-01 → 2026-03-31
Depreciation 110.00M 2026-01-01 → 2026-03-31
Depreciation, Depletion and Amortization 147.00M 2026-01-01 → 2026-03-31
Share-based Payment Arrangement, Noncash Expense 20.00M 2026-01-01 → 2026-03-31
Proceeds from Issuance of Debt 0 2026-01-01 → 2026-03-31
Repayments of Debt 1.00M 2026-01-01 → 2026-03-31
Interest Paid, Excluding Capitalized Interest, Operating Activities 22.00M 2026-01-01 → 2026-03-31
Deferred Income Tax Expense (Benefit) 48.00M 2026-01-01 → 2026-03-31
Other Noncash Income (Expense) -8.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Receivable 180.00M 2026-01-01 → 2026-03-31
Capital Expenditures Incurred but Not yet Paid 40.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Accounts Payable and Accrued Liabilities -12.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Income Taxes Payable 13.00M 2026-01-01 → 2026-03-31
Increase (Decrease) in Other Operating Assets and Liabilities, Net 31.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Operating Activities 278.00M 2026-01-01 → 2026-03-31
Payments to Acquire Property, Plant, and Equipment 114.00M 2026-01-01 → 2026-03-31
Payments to Acquire Businesses, Net of Cash Acquired 38.00M 2026-01-01 → 2026-03-31
Payments for (Proceeds from) Other Investing Activities 0 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Investing Activities -152.00M 2026-01-01 → 2026-03-31
Proceeds from Stock Options Exercised 65.00M 2026-01-01 → 2026-03-31
Payments of Ordinary Dividends, Common Stock 88.00M 2026-01-01 → 2026-03-31
Payments of Ordinary Dividends, Noncontrolling Interest 7.00M 2026-01-01 → 2026-03-31
Payment, Tax Withholding, Share-based Payment Arrangement 37.00M 2026-01-01 → 2026-03-31
Proceeds from (Payments for) Other Financing Activities -84.00M 2026-01-01 → 2026-03-31
Net Cash Provided by (Used in) Financing Activities -152.00M 2026-01-01 → 2026-03-31
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents -1.00M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -27.00M 2026-01-01 → 2026-03-31
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 393.00M as of 2026-03-31

Stockholders' Equity

1 concepts 1 unit
Unit US$ · 1 concept
Label Value Period
Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders 5.00M 2026-01-01 → 2026-03-31

Notes

22 concepts 3 units
Unit US$ · 20 concepts
Label Value Period
Malpractice Loss Contingency, Accrual, Undiscounted 173.00M as of 2026-03-31
Operating Lease, Liability, Current 174.00M as of 2026-03-31
Prepaid Expense and Other Assets, Current 361.00M as of 2026-03-31
Cash Surrender Value, Fair Value Disclosure 67.00M as of 2026-03-31
Debt Instrument, Fair Value Disclosure 5.60B as of 2026-03-31
Debt Securities, Trading, and Equity Securities, FV-NI 84.00M as of 2026-03-31
Interest Income (Expense), Nonoperating, Net -63.00M 2026-01-01 → 2026-03-31
Dividends, Common Stock, Cash 95.00M 2026-01-01 → 2026-03-31
Participating Securities, Distributed and Undistributed Earnings (Loss), Diluted 1.00M 2026-01-01 → 2026-03-31
Redeemable Noncontrolling Interest, Equity, Fair Value 79.00M as of 2026-03-31
Net Income (Loss) Available to Common Stockholders, Diluted 251.00M 2026-01-01 → 2026-03-31
Stock Repurchase Program, Remaining Authorized Repurchase Amount 1.40B as of 2026-03-31
Share-based Payment Arrangement, Decrease for Tax Withholding Obligation 37.00M 2026-01-01 → 2026-03-31
Right-of-Use Asset Obtained in Exchange for Operating Lease Liability 62.00M 2026-01-01 → 2026-03-31
Contract with Customer, Asset, Credit Loss Expense (Reversal) 1.00M 2026-01-01 → 2026-03-31
Assets, Fair Value Disclosure 154.00M as of 2026-03-31
Financial and Nonfinancial Liabilities, Fair Value Disclosure 253.00M as of 2026-03-31
Interest Rate Fair Value Hedge Asset at Fair Value 3.00M as of 2026-03-31
Interest Rate Fair Value Hedge Liability at Fair Value 2.00M as of 2026-03-31
APIC, Share-based Payment Arrangement, Increase for Cost Recognition 20.00M 2026-01-01 → 2026-03-31
Unit shares · 1 concept
Label Value Period
Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements 2.00M 2026-01-01 → 2026-03-31
Unit segment · 1 concept
Label Value Period
Number of Reportable Segments 1 2026-01-01 → 2026-03-31

Other

3 concepts 2 units
Unit US$ · 2 concepts
Label Value Period
Shares Issued, Value, Share-based Payment Arrangement, after Forfeiture 7.00M 2026-01-01 → 2026-03-31
Stock Issued During Period, Value, Stock Options Exercised 65.00M 2026-01-01 → 2026-03-31
Unit shares · 1 concept
Label Value Period
Stock Issued During Period, Shares, Treasury Stock Reissued 900,000 2026-01-01 → 2026-03-31

Methodology

All facts on this page come straight from SEC EDGAR XBRL company-facts filings (DGX CIK 0001022079), grouped by financial statement using FASB's base us-gaap presentation taxonomy. Filers may re-parent concepts onto different statements in their own extension taxonomy, so a handful of rows can show up under a different statement than on the actual 10-K / 10-Q; custom concepts and any we couldn't map fall into Other. Hover a cell to see the fully-qualified concept name and the filer's description.

For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.