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) Return on invested capital

Alert me on Return on invested capital

Quest Diagnostics Incorporated's return on invested capital over the twelve months to 30 September 2026 was 8.48%, up 0.7 percentage points from fiscal 2025 (7.81%). Over the past ten years it has ranged from 6.74% (fiscal 2024) to 15.5% (fiscal 2021); the current reading is higher than 36% of that period. That is above the Diagnostics & Research industry median of 0.00% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 7.81% 1.07
FY2024 6.74% (0.87)
FY2023 7.61% (1.69)
FY2022 9.30% (6.16)
FY2021 15.5% 2.72
FY2020 12.7% 4.44
FY2019 8.30% 0.68
FY2018 7.62% (0.84)
FY2017 8.46% (1.47)
FY2016 9.93% (0.69)

Against its own ten years

Low 6.74% High 15.5%
Ten-year median 8.46%
Current reading's percentile 36

Return on invested capital against peers

Company Return on invested capital
MTD Mettler-Toledo International, Inc. compare 35.4%
ILMN Illumina, Inc. compare 16.7%
DGX Quest Diagnostics Incorporated 8.48%
IQV IQVIA Holdings Inc. compare 6.79%
LH Labcorp Holdings Inc. compare 6.76%
RVTY Revvity Inc. compare 2.50%
WAT Waters Corporation compare 1.13%
MEDP Medpace Holdings, Inc. compare 0.00%
GH Guardant Health, Inc. compare −25.7%
Diagnostics & Research industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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