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.

Revenue
+9.98%
EPS
+29.4%
Free cash flow
+6.21%
Total debt
−2.20%

Quarter to September 2026, against a year earlier

254.25 1.43 −0.56%
Market cap
$28.0B
P/E
25.0×
Fwd P/E
24.4×
Dividend yield
1.33%
F-score
8/9
Altman Z
3.15
Beneish M
−2.65
Dividend safety
85/100

Quest Diagnostics Incorporated (DGX) Net margin

Alert me on Net margin

Quest Diagnostics Incorporated's net margin over the twelve months to 30 September 2026 was 9.50%, up 0.6 percentage points from fiscal 2025 (8.95%). Over the past ten years it has ranged from 8.77% (fiscal 2024) to 18.4% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Diagnostics & Research industry median of −4.10% and above the Healthcare sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 8.95% 0.18
FY2024 8.77% (0.42)
FY2023 9.19% (0.34)
FY2022 9.53% (8.90)
FY2021 18.4% 3.33
FY2020 15.1% 3.99
FY2019 11.1% 1.34
FY2018 9.77% (0.66)
FY2017 10.4% 1.53
FY2016 8.90% (0.52)

Quarterly newest first

Period Net margin Change (points)
Sep 2026 10.1% (0.45)
Jun 2026 10.5% 1.82
Mar 2026 8.70% 0.11
Dec 2025 8.59% (0.11)
43 more quarters

Against its own ten years

Low 8.77% High 18.4%
Ten-year median 9.53%
Current reading's percentile 42

Net margin against peers

Company Net margin
MTD Mettler-Toledo International, Inc. compare 21.9%
ILMN Illumina, Inc. compare 19.7%
MEDP Medpace Holdings, Inc. compare 18.2%
DGX Quest Diagnostics Incorporated 9.50%
RVTY Revvity Inc. compare 8.61%
IQV IQVIA Holdings Inc. compare 8.05%
LH Labcorp Holdings Inc. compare 6.88%
WAT Waters Corporation compare 1.76%
GH Guardant Health, Inc. compare −37.9%
Diagnostics & Research industry median −4.10%
Healthcare sector median 0.00%
Market median 1.06%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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