DGX

QUEST DIAGNOSTICS INC

Ticker: DGXHealthcareHealth ServicesS&P 500
HQ SECAUCUS, NJCIK 1022079FY end 12-31Book / share $67.11Shares 112M
Revenue (FY)
$11.04B+11.78%
TTM $11.56B
Op. margin
14.10%+0.47%
TTM 14.10%
Net income
$1.05B+13.57%
TTM $1.11B
Operating cash
$1.89B+41.38%
TTM $1.90B
Free cash flow
$1.36B+49.50%
TTM $1.35B
Return on equity
13.84%+0.99%
TTM 14.13%
Debt / equity
0.79-0.13%
TTM 0.75
Shares outstanding
113.0M0.00%
TTM 112.0M

The business

Quest Diagnostics Incorporated operates as a leading provider of diagnostic information services in the United States and select international markets. The company delivers a comprehensive range of clinical laboratory testing, drug screening, and health and wellness services to patients, employers, healthcare providers, and other clients through an extensive network of patient service centers and laboratory facilities.

The company's core business centers on performing and processing laboratory tests that provide critical diagnostic information used by healthcare providers to guide patient treatment decisions. Quest Diagnostics maintains one of the largest networks of patient service centers in the country, enabling convenient access to testing services for millions of individuals annually. The company processes millions of test results daily across its laboratory infrastructure, which includes regional and specialty testing facilities equipped with advanced diagnostic technology.

Quest Diagnostics operates through multiple business segments serving distinct customer bases and use cases. The company provides clinical laboratory testing services to healthcare providers and patients, occupational health services including drug screening and health and safety testing for employers, and wellness services directed at consumers seeking preventive health information. The company also offers specialized testing in areas such as molecular diagnostics, esoteric testing, and pathology services.

The company's competitive advantages include its extensive geographic footprint with thousands of patient service centers, sophisticated laboratory information systems and technology infrastructure, established relationships with healthcare providers and major employers, and scale economies in test processing and distribution. Quest Diagnostics serves a diverse customer base including hospitals, physicians, employers, insurance companies, and individual consumers across the United States.

The company maintains significant operational scale with a substantial workforce distributed across numerous laboratory and patient service center locations nationwide. Quest Diagnostics generates revenue from multiple service lines, with clinical laboratory testing representing a substantial portion of total revenues, supplemented by contributions from occupational health services, wellness offerings, and other diagnostic services. The company's business model relies on high-volume test processing, efficient logistics networks, and technology-enabled service delivery to serve its broad customer base effectively.

Sector
Healthcare
Industry
Health Services
HQ
SECAUCUS, NJ
FY end
12-31
CIK
1022079
SIC
8071
Financial performance · annual
20132025
$-1.16B$2.31B$5.78B$9.25B$12.72B2013201420152016201720182019202020212022202320242025TTMTTMTTM

Ownership

Who holds QUEST DIAGNOSTICS INC — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

767
funds hold it
0 of 35
superinvestors hold it
$9.17B
fund-held value
40.2%
of shares held by funds
12
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.03%$744.90M
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.04%$607.94M
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.23%$508.38M
iShares Core S&P 500 ETF
IVV · iShares Trust
0.04%$321.98M
State Street(R) SPDR(R) S&P 500(R) ETF Trust
SPY
0.04%$284.32M

Bonds held by funds

Funds report holding 12 issues of QUEST DIAGNOSTICS INC's debt, $878.68M at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 4.37%, maturing 20262045.

IssueCouponMaturesFundsFund-held
Quest Diagnostics, Inc.2.950%2030-06-3076$136.31M
Quest Diagnostics Inc5.000%2034-12-1564$129.06M
Quest Diagnostics, Inc.4.630%2029-12-1559$126.94M
Quest Diagnostics Inc5.000%2036-06-3041$113.84M
Quest Diagnostics Inc2.800%2031-06-3050$82.71M
Quest Diagnostics Inc4.200%2029-06-3051$81.77M
Quest Diagnostics Inc4.600%2027-12-1545$77.52M
QUEST DIAGNOSTIC6.400%2033-11-3060$75.03M
Quest Diagnostics Inc3.450%2026-06-0110$37.77M
QUEST DIAGNOSTIC4.700%2045-03-3025$12.48M

The 10 largest by fund-held value, of 12.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of QUEST DIAGNOSTICS INC's financials

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