Pricing Log in Create free account
Saturday 17 October 2026 Export DGX’s income statement to Excel — free account

Quest Diagnostics Incorporated

DGX Healthcare Diagnostics & Research

Quest Diagnostics Incorporated’s revenue for fiscal 2025 (year ended December 2025) was $11.0 billion, up 11.8% from fiscal 2024. In the quarter to June 2026, revenue grew 10.2%, EPS grew 14.7%, free cash flow grew 5.28% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years.

235.00 4.15 −1.74%
Market cap
$26.4B
P/E
24.6×
Fwd P/E
20.8×
Dividend yield
1.44%
F-score
8/9
Altman Z
3.15
Beneish M
−2.65
Dividend safety
85/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Quest Diagnostics Incorporated (DGX) Gross margin

Alert me on Gross margin

Quest Diagnostics Incorporated's gross margin over the twelve months to 30 June 2026 was 33.1%, down 0.1 percentage points from fiscal 2025 (33.2%). Over the past ten years it has ranged from 32.9% (fiscal 2024) to 39.0% (fiscal 2021); the current reading is higher than 27% of that period. That is below the Diagnostics & Research industry median of 50.9% and below the Healthcare sector median of 53.5%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 33.2% 0.35
FY2024 32.9% (0.14)
FY2023 33.0% (1.74)
FY2022 34.7% (4.28)
FY2021 39.0% 0.52
FY2020 38.5% 3.70
FY2019 34.8% 0.21
FY2018 34.6% (1.66)
FY2017 36.3% 0.24
FY2016 36.0% (1.84)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 33.8% 1.21
Mar 2026 32.5% 0.11
Dec 2025 32.4% (1.27)
Sep 2025 33.7% (0.45)
42 more quarters

Against its own ten years

Low 32.9% High 39.0%
Ten-year median 34.8%
Current reading's percentile 21

Gross margin against peers

Company Gross margin
MEDP Medpace Holdings, Inc. compare 72.4%
ILMN Illumina, Inc. compare 66.4%
GH Guardant Health, Inc. compare 65.0%
IDXX IDEXX Laboratories, Inc. compare 62.5%
MTD Mettler-Toledo International, Inc. compare 60.3%
RVTY Revvity Inc. compare 55.0%
WAT Waters Corporation compare 50.9%
DGX Quest Diagnostics Incorporated 33.1%
LH Labcorp Holdings Inc. compare 28.9%
Diagnostics & Research industry median 50.9%
Healthcare sector median 53.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on DGX