QUEST DIAGNOSTICS INC
QUEST DIAGNOSTICS INC
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Financial Statements
Values in Millions ($) | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash And Cash Equivalents At Carrying Value | 626 | 393 | 420 | 432 | 319 | 188 | 549 | 764 | 271 | 474 | 686 | 143 | |||||
Accounts Receivable Net Current | 1,666 | 1,587 | 1,408 | 1,456 | 1,419 | 1,404 | 1,304 | 1,376 | 1,319 | 1,322 | 1,210 | 1,281 | |||||
Inventory Net | 233 | 225 | 189 | 186 | 187 | 189 | 188 | 184 | 182 | 181 | 190 | 184 | |||||
Prepaid Expense And Other Assets Current | 319 | 361 | 361 | 333 | 273 | 294 | 351 | 299 | 245 | 251 | 286 | 207 | |||||
Assets Current | 2,844 | 2,566 | 2,378 | 2,407 | 2,198 | 2,075 | 2,392 | 2,623 | 2,017 | 2,228 | 2,372 | 1,815 | |||||
Property Plant And Equipment Net | 2,219 | 2,189 | 2,203 | 2,145 | 2,120 | 2,098 | 2,113 | 2,093 | 1,832 | 1,810 | 1,816 | 1,830 | |||||
Operating Lease Right Of Use Asset | 678 | 691 | 657 | 649 | 655 | 656 | 651 | 661 | 603 | 579 | 602 | 607 | |||||
Goodwill | 9,112 | 9,120 | 8,945 | 8,901 | 8,883 | 8,849 | 8,856 | 8,605 | 7,885 | 7,830 | 7,733 | 7,732 | |||||
Intangible Assets Net Excluding Goodwill | 1,672 | 1,717 | 1,636 | 1,662 | 1,706 | 1,725 | 1,763 | 1,716 | 1,202 | 1,192 | 1,166 | 1,219 | |||||
Equity Method Investments | 137 | 134 | 136 | 137 | 136 | 134 | 123 | 125 | 126 | 133 | 135 | 130 | |||||
Other Assets Noncurrent | 277 | 256 | 270 | 296 | 271 | 260 | 255 | 272 | 216 | 182 | 198 | 149 | |||||
Assets | 16,939 | 16,673 | 16,225 | 16,197 | 15,969 | 15,797 | 16,153 | 16,095 | 13,881 | 13,954 | 14,022 | 13,482 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Accounts Payable And Accrued Liabilities Current | 1,598 | 1,500 | 1,600 | 1,457 | 1,349 | 1,267 | 1,394 | 1,313 | 1,247 | 1,239 | 1,359 | 1,157 | |||||
Long Term Debt Current | 10 | 503 | 504 | 504 | 504 | 1 | 602 | 603 | 606 | 906 | 303 | 304 | |||||
Operating Lease Liability Current | 180 | 174 | 174 | 173 | 171 | 173 | 173 | 176 | 159 | 153 | 153 | 157 | |||||
Liabilities Current | 1,788 | 2,177 | 2,278 | 2,134 | 2,024 | 1,441 | 2,169 | 2,092 | 2,012 | 2,298 | 1,815 | 1,618 | |||||
Long Term Debt And Capital Lease Obligations | 5,632 | 5,155 | 5,167 | 5,171 | 5,169 | 5,858 | 5,615 | 5,648 | 3,816 | 3,804 | 4,410 | 3,946 | |||||
Operating Lease Liability Noncurrent | 561 | 574 | 537 | 534 | 540 | 538 | 535 | 543 | 507 | 489 | 503 | 505 | |||||
Other Liabilities Noncurrent | 1,059 | 1,022 | 957 | 982 | 890 | 917 | 938 | 891 | 811 | 817 | 876 | 874 | |||||
Redeemable Noncontrolling Interest Equity Carrying… | 80 | 79 | 80 | 81 | 81 | 81 | 83 | 80 | 79 | 77 | 76 | 76 | |||||
Stockholders Equity Inclu… | |||||||||||||||||
Stockholders Equity | |||||||||||||||||
Common Stock Value | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | |||||
Additional Paid In Capital Common Stock | 2,374 | 2,347 | 2,381 | 2,355 | 2,332 | 2,310 | 2,361 | 2,332 | 2,314 | 2,292 | 2,320 | 2,302 | |||||
Retained Earnings Accumulated Deficit | 10,374 | 10,151 | 9,994 | 9,837 | 9,682 | 9,490 | 9,360 | 9,222 | 9,080 | 8,935 | 8,825 | 8,711 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -62 | -43 | -27 | -40 | -16 | -83 | -88 | -15 | -19 | -16 | -14 | -20 | |||||
Treasury Stock Value | -5,172 | -5,091 | -5,180 | -4,896 | -4,772 | -4,790 | -4,857 | -4,732 | -4,760 | -4,781 | -4,826 | -4,570 | |||||
Stockholders Equity | 7,516 | 7,366 | 7,170 | 7,295 | 7,265 | 6,929 | 6,778 | 6,809 | 6,656 | 6,432 | 6,307 | 6,463 | |||||
Minority Interest | 303 | 300 | 36 | 37 | 37 | 33 | 35 | 32 | 39 | 37 | 35 | 38 | |||||
Liabilities And Stockholders Equity | 16,939 | 16,673 | 16,225 | 16,197 | 15,969 | 15,797 | 16,153 | 16,095 | 13,881 | 13,954 | 14,022 | 13,482 | |||||
Allowance For Doubtful Accounts Receivable Current | 28 | 27 | 25 | 26 | 25 | 25 | 29 | 29 | 27 | 28 | 27 | 27 | |||||
Common Stock Par Or Stated Value Per Share | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | |||||
Common Stock Shares Authorized | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | 600 | |||||
Common Stock Shares Issued | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | 162 | |||||
Treasury Stock Common Shares | 52 | 51 | 52 | 51 | 50 | 50 | 51 | 50 | 51 | 51 | 51 | 50 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -8.52% | -0.46% | 2.10% | - | - | - | - | - | - | - | - | - |
| 2025 | 2.53% | 3.83% | -2.72% | 5.45% | 7.29% | 8.45% | 1.25% | -1.13% | -5.52% | -7.50% | -7.21% | -11.22% |
| 2024 | 4.94% | 0.22% | 5.33% | 5.19% | 7.28% | 3.82% | 2.11% | -1.35% | -3.39% | -1.15% | -4.27% | 3.30% |
| 2023 | - | - | - | -0.64% | -6.06% | -8.30% | 7.51% | 7.62% | 7.83% | 2.35% | 3.13% | 11.07% |
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Performance and Valuation Metrics
Metrics | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.59 | 1.18 | 1.04 | 1.13 | 1.09 | 1.44 | 1.10 | 1.25 | 1.00 | 0.97 | 1.31 | 1.12 | |||||
| Quick Ratio | 1.28 | 0.91 | 0.80 | 0.88 | 0.86 | 1.10 | 0.85 | 1.02 | 0.79 | 0.78 | 1.04 | 0.88 | |||||
| Working Capital | 1.06B | 389.00M | 100.00M | 273.00M | 174.00M | 634.00M | 223.00M | 531.00M | 5.00M | -70.00M | 557.00M | 197.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.24 | 0.30 | 0.32 | 0.29 | 0.28 | 0.21 | 0.32 | 0.31 | 0.30 | 0.36 | 0.29 | 0.25 | |||||
| Interest Coverage TTM | 6.37 | 6.19 | 5.89 | 5.78 | 5.95 | 6.19 | 6.70 | 5.05 | 5.29 | 5.42 | 5.63 | 7.85 | |||||
| Debt Ratio | 0.11 | 0.13 | 0.14 | 0.13 | 0.13 | 0.09 | 0.13 | 0.13 | 0.14 | 0.16 | 0.13 | 0.12 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.70 | 0.69 | 0.68 | 0.67 | 0.70 | 0.68 | 0.65 | 0.65 | 0.68 | 0.69 | 0.69 | 0.70 | |||||
| Days Sales Outstanding TTM | 48.70 | 48.40 | 44.85 | 47.64 | 47.49 | 48.98 | 46.48 | 50.83 | 49.87 | 50.62 | 47.44 | 50.27 | |||||
| Receivables Turnover TTM | 7.49 | 7.54 | 8.14 | 7.66 | 7.69 | 7.45 | 7.85 | 7.18 | 7.32 | 7.21 | 7.69 | 7.26 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 9.71 | 9.25 | - | 8.70 | 8.63 | 8.26 | - | 7.98 | 7.95 | 8.03 | - | 7.38 | |||||
| Free Cash Flow Per Share TTM | 12.15 | 12.05 | 8.39 | 12.44 | 10.93 | 9.51 | 5.61 | 9.13 | 7.88 | 8.53 | 5.33 | 5.32 | |||||
| Dividend Per Share TTM | 3.27 | 3.25 | 2.18 | 3.10 | 3.05 | 3.03 | 2.04 | 2.92 | 2.91 | 2.87 | 1.94 | 2.76 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 33.11% | 33.20% | 33.21% | 33.30% | 33.03% | 32.84% | 32.86% | 32.73% | 32.79% | 32.87% | 33.00% | 33.08% | |||||
| Operating Profit Margin TTM | 14.10% | 14.27% | 14.10% | 14.11% | 14.02% | 13.70% | 13.63% | 13.13% | 13.52% | 13.54% | 13.64% | 12.15% | |||||
| Net Profit Margin TTM | 9.41% | 9.19% | 8.99% | 9.06% | 9.27% | 9.18% | 9.33% | 9.46% | 9.52% | 9.68% | 9.81% | 9.05% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 9.87% | 11.03% | 11.78% | 13.74% | 12.58% | 9.38% | 6.70% | 2.60% | -1.50% | -3.29% | -6.38% | -9.69% | |||||
| Net Income Growth (1Y) | 11.59% | 11.04% | 7.71% | 8.98% | 9.55% | 3.78% | 1.43% | 7.25% | -0.22% | 2.51% | -10.54% | -36.19% | |||||
| EPS Growth (1Y) | 12.60% | 12.05% | 7.71% | 8.98% | 8.57% | 3.78% | 1.43% | 7.25% | 0.67% | 3.43% | -10.54% | -33.91% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 21.54 | 20.63 | 27.97 | 21.34 | 20.19 | 19.60 | 25.71 | 18.58 | 16.37 | 15.67 | 23.33 | 15.30 | |||||
| P/B TTM | 3.12 | 2.90 | 3.85 | 2.88 | 2.71 | 2.64 | 3.48 | 2.46 | 2.19 | 2.19 | 3.34 | 1.99 | |||||
| P/S TTM | 2.03 | 1.90 | 2.51 | 1.93 | 1.87 | 1.80 | 2.40 | 1.76 | 1.56 | 1.52 | 2.29 | 1.38 | |||||
| Market Cap | 23.43B | 21.38B | 27.75B | 20.98B | 19.68B | 18.28B | 23.68B | 16.76B | 14.57B | 14.09B | 21.18B | 12.87B | |||||
| Enterprise Value | 28.45B | 26.64B | 33.00B | 26.22B | 25.04B | 23.96B | 29.34B | 22.25B | 18.72B | 18.32B | 25.66B | 16.98B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.35B | 1.33B | 1.36B | 1.39B | 1.22B | 1.06B | 909.00M | 1.02B | 875.00M | 947.00M | 864.00M | 596.00M | |||||
| Net Debt | 5.02B | 5.27B | 5.25B | 5.24B | 5.35B | 5.67B | 5.67B | 5.49B | 4.15B | 4.24B | 4.47B | 4.11B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
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| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
QUEST DIAGNOSTICS INC (DGX) — SEC Financial Statements & Analysis
QUEST DIAGNOSTICS INC (DGX) is a services-medical laboratories company, incorporated in DE. QUEST DIAGNOSTICS INC trades on DGX: NYSE as: DGX. Based on its latest SEC filing (Form 10-Q, period ending 2026-06-30), QUEST DIAGNOSTICS INC reported a 9.87% year-over-year revenue growth, a Gross Profit Margin of 33.11% (TTM), a Debt-to-Equity ratio of 0.24x, a Price-to-Sales (P/S) ratio of 2.03x (TTM), a Price-to-Book (P/B) ratio of 3.12 (TTM), at a market cap of $23.43B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 9.87%
- Gross Profit Margin TTM
- 33.11%
- Debt To Equity
- 0.24x
- P/S TTM
- 2.03x
- P/B TTM
- 3.12
- Market Cap
- $23.43B
Data as of 2026-06-30 · Source: SEC EDGAR
Frequently Asked Questions
What industry is QUEST DIAGNOSTICS INC in?
QUEST DIAGNOSTICS INC (DGX) operates in the Services-Medical Laboratories industry.
What is DGX's market cap?
QUEST DIAGNOSTICS INC (DGX) has a market capitalization of $23.43B as of 2026-06-30.
What is DGX's P/E ratio?
QUEST DIAGNOSTICS INC (DGX)'s trailing twelve month P/E ratio is 21.54x as of 2026-06-30.
What exchange does DGX trade on?
QUEST DIAGNOSTICS INC (DGX) trades on the DGX: NYSE.
Where is QUEST DIAGNOSTICS INC incorporated?
QUEST DIAGNOSTICS INC is incorporated in DE.