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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Quest Diagnostics Incorporated (DGX) trades at a price to free cash flow of 20.3×. Over the past ten years it has ranged from 7.6× (June 2021) to 26.5× (December 2023); the current reading is higher than 96% of that period. That is below the Diagnostics & Research industry median of 33.5× and in line with the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 14.2× (23.06%)
FY2024 18.4× 0.92%
FY2023 18.3× 32.75%
FY2022 13.8× 16.36%
FY2021 11.8× 17.45%
FY2020 10.1× (40.72%)
FY2019 17.0× 22.46%
FY2018 13.9× (5.57%)
FY2017 14.7× (6.66%)
FY2016 15.7× (14.34%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 18.6× 6.91%
Jun 2026 17.4× 7.27%
Mar 2026 16.3× 14.71%
Dec 2025 14.2× (7.50%)
43 more quarters

Against its own ten years

Low 7.6× High 26.5×
Ten-year median 16.2×
Current reading's percentile 96

Price to free cash flow against peers

Company Price to free cash flow
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated 20.3×
IQV IQVIA Holdings Inc. compare 21.0×
LH Labcorp Holdings Inc. compare 25.4×
MEDP Medpace Holdings, Inc. compare 26.6×
RVTY Revvity Inc. compare 28.2×
ILMN Illumina, Inc. compare 30.4×
MTD Mettler-Toledo International, Inc. compare 39.1×
WAT Waters Corporation compare 173×
Diagnostics & Research industry median 33.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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