DGX · NYSE · Medical - Diagnostics & Research

Quest Diagnostics (DGX)

Provides clinical testing, pathology, and laboratory services through a North American network.

$232.84
vs last close−12.04 (−4.92%)
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Quest Diagnostics IncorporatedDGX
Health Care

Provides routine and advanced clinical laboratory testing, anatomic pathology, hospital reference testing, and hospital lab-management services, while ExamOne and Quanum serve insurers and healthcare organizations. Almost all revenue comes from Diagnostic Information Services, centered on a U.S. collection-and-testing network with an expanded Canadian presence through LifeLabs.

Provides routine, non-routine, and advanced clinical laboratory testing across oncology, genetics, brain health, and other specialties; anatomic pathology; hospital reference testing; and Collaborative Lab Solutions. Physicians, hospitals, and patients use a network of laboratories, patient service centers, couriers, mobile phlebotomists, and MyQuest access; ExamOne risk assessment and Quanum healthcare IT form the smaller Diagnostic Solutions group. Substantially all business is conducted in the United States, with LifeLabs extending the collection-and-testing network across parts of Canada.

Scale supports a broad test menu, specimen logistics, hospital partnerships, and data-enabled workflows. Almost all revenue comes from Diagnostic Information Services, primarily through fee-for-service testing billed to clients, patients, and third-party payers. Operations depend on physician referrals, health-plan access, reimbursement rules, accurate billing, healthcare regulation, data security, and consistent laboratory quality.

Company facts

CEOJames E. Davis
ListedDec 17, 1996
ExchangeNYSE
HeadquartersSecaucus, NJ
CountryUnited States
Employees57,000
CIK0001022079
ISINUS74834L1008

Market cap$27.03B
EPS (ttm)$9.42
P/E (ttm)26.00
ROE14.5%
P/B3.60
P/S2.34
Dividend yieldDiv yield1.36%
Beta−0.14vs XLV 0.57

Price target$250.00+2.1%Average of 34 analysts
ConsensusHold18 of 34 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 21, 2026Truist FinancialTarget
Target: $220
Target: $260
Sep 8, 2026UBSReiterate
Rating: Target: $232
Rating: NeutralTarget: $245
Jul 29, 2026Argus ResearchTarget
Target:
Target: $260
Jul 24, 2026UBSReiterate
Rating: Target: $210
Rating: NeutralTarget: $232
Jul 24, 2026Robert W. BairdTarget
Target: $236
Target: $255

Next report
Oct 20, 26
in 28 days
EPS estimate
$2.85
Revenue estimate
$3.04B
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Jan '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$2.23$2.21$2.62$2.60$2.42$2.50$3.12Pending
Estimate$2.19$2.15$2.57$2.50$2.36$2.37$2.82$2.85
Surprise+1.8%+2.8%+1.9%+4.0%+2.5%+5.5%+10.6%

RevenueReportedEstimate

Jan '25Apr '25Jul '25Oct '25Feb '26Apr '26Jul '26Oct '26
Reported$2.62B$2.65B$2.76B$2.82B$2.81B$2.90B$3.04BPending
Estimate$2.58B$2.63B$2.73B$2.74B$2.75B$2.83B$2.97B$3.04B
Surprise+1.6%+0.8%+1.3%+2.9%+1.9%+2.3%+2.4%
Estimate$2.85
ReportedDue Oct 20, 2026
Estimate$3.04B
ReportedDue Oct 20, 2026
View details

Debt to equity84.90%
Current ratio159.10%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$2.49B$2.62B$2.65B$2.76B$2.82B$2.81B$2.90B$3.04B
Net income$226.0M$222.0M$220.0M$282.0M$245.0M$245.0M$252.0M$320.0M
Net margin9.1%8.5%8.3%10.2%8.7%8.7%8.7%10.5%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$330.0M$361.0M$346.0M$438.0M$386.0M$391.0M$399.0M$459.0M
YoY growth−3.5%+35.2%+15.3%+23.4%+17.0%+8.3%+15.3%+4.8%

Balance sheet, Jun 30, 2026Cash & short-term investments $626.0M · Total debt $6.38B · Total assets $16.94B · Shareholders' equity $7.52B

Revenue
$3.04B
Operating income
$459.0M
Net income
$320.0M
View details

Dividend yield
1.36%
Next ex-date
Oct 6, 26
in 14 days
Annual dividend
$3.32
per share
Schedule
Quarterly
4 payments a year

HistoryDividendAnnual yieldUpcoming

Jan '25Apr '25Jul '25Oct '25Jan '26Apr '26Jul '26Oct '26
Dividend$0.75$0.80$0.80$0.80$0.80$0.86$0.86$0.86
Annual yield1.96%1.86%1.78%1.76%1.78%1.64%1.59%1.45%
Ex-dateJan 14Apr 7Jul 7Oct 3Jan 13Apr 6Jul 8Oct 6
Payment dateJan 29Apr 21Jul 21Oct 20Jan 28Apr 20Jul 22Oct 21
View details

Institutions95.74%105.67M shares
1,126 holders · as of Jun 30, 2026
Insiders0.44%483.4K shares
19 holders · as of Sep 3, 2026
Other3.82%4.22M shares
remainder

110.37M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
BlackRock, Inc.Institution
8.40%9.28Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.55%7.23Mas of Jun 30, 2026
Vanguard Portfolio Management LLCInstitution
5.55%6.13Mas of Jun 30, 2026
State Street CorpInstitution
5.00%5.52Mas of Jun 30, 2026
Price T Rowe Associates Inc /MD/Institution
4.93%5.44Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Sep 1, 2026J. E. Davisdirector, officer: CEO and President−10,000$242.72
Aug 28, 2026Michael E. Prevoznikofficer: SVP & General Counsel−22,677$243.11
Jul 28, 2026Mark E. Delaneyofficer: SVP & Chief Commercial Officer−1,600$235.18
Jun 4, 2026Karthik Kuppusamyofficer: SVP, Clinical Solutions−8,147$200.00
Jun 1, 2026J. E. Davisdirector, officer: CEO and President−10,000$194.14
View details

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Compare

CompanyPriceChange
Quest Diagnostics$232.84−4.92%$27.03B26.020.32.3+10.2%
Labcorp$309.13−3.69%$26.32B26.616.31.8+5.8%
Natera$385.65+4.05%$53.08B19.6+37.7%
Guardant Health$178.42+2.61%$23.33B19.7+44.3%
NeoGenomics$19.29−0.62%$498.7M69.40.7+11.2%
Myriad Genetics$3.96−1.32%$378.7M0.5−10.5%
OPKO Health$1.72+1.89%$1.26B2.1+4.3%
Median26.642.82.0+8.5%