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Quest Diagnostics Inc

questdiagnostics.com

Quest Diagnostics (NYSE: DGX) is a clinical laboratory services company that processes diagnostic tests ordered by physicians, hospitals, and other healthcare providers. Revenue is transactional, generated each time a specimen is tested and a result is reported, with reimbursement coming from commercial insurers, government payers such as Medicare and Medicaid, and patients paying out of pocket. The filing excerpts provided do not contain sufficient detail to characterize segment revenue splits, test volumes, patient service center counts, or competitive positioning beyond what is stated here. Based solely on the available filing excerpt from the 10-K filed 2026-02-26 (accession 000102207926000015) for the fiscal year ended in that period, further specifics on revenue, geography, leadership, and moat sources cannot be confirmed and are therefore omitted.

Products & Services

Clinical laboratory diagnostic testing services.

Revenue Model

Transactional fee-for-service model: revenue is recognized per diagnostic test processed, billed to commercial insurers, Medicare, Medicaid, or patients directly.

Customers & Markets

Physicians, hospitals, and other healthcare providers ordering diagnostic tests; payers include commercial health insurers, Medicare, and Medicaid.

Financial Snapshot

Revenue
TTM
$11.28B
Gross Margin
TTM
33.21%
Net Income
TTM
$1.024B
Current Assets
2026 Q1
Current Liabilities
2026 Q1
Current Ratio
2026 Q1
117.87%
Total Assets
2026 Q1
Total Liabilities
2026 Q1
$3.199B
Book Value
2026 Q1
$13.47B
Cash
2026 Q1
P/E
TTM
22.91
Free Cash Flow
TTM
$1.326B

Stock Price

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Market Cap: $23.462 Billion

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