Quest Diagnostics Income Statement

DGX / Health Care|15 years of annual SEC 10-K data (FY2011-FY2025)

Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.

Quest Diagnostics reported $11.0B in revenue and $992M in net income for FY2025. Revenue has grown at a 2.9% compound annual rate over the past 14 years.

Based on SEC 10-K filings.

Key Data Points

High earnings quality (cash-backed earnings)

Data sourced from SEC EDGAR filings. Not investment advice.

Item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011
Revenue	$11.0B	$9.9B	$10.8B	$9.4B	$7.7B	$9.4B	$7.4B	$7.2B	$7.5B	$7.4B	$7.1B	$7.4B	$7.4B	$7.4B	$7.4B
Cost of Revenue	$7.4B	$6.6B	$6.6B	$5.8B	$5.0B	$5.8B	$4.7B	$4.6B	$4.7B	$4.6B	$4.3B	$4.6B	$4.4B	$4.4B	$4.4B
Gross Profit	-	-	-	-	-	$3.6B	$2.6B	$2.7B	$2.9B	$2.8B	$2.8B	$2.8B	$3.0B	$3.0B	$3.0B
SG&A Expense	$2.0B	$1.8B	$1.7B	$1.6B	$1.5B	$1.6B	$1.4B	$1.4B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B	$1.7B
Operating Income	$1.6B	$1.3B	$2.4B	$2.0B	$1.2B	$2.0B	$1.2B	$1.3B	$1.4B	$983.0M	$1.5B	$983.0M	$987.0M	$1.2B	$987.0M
Interest Expense	-	-	$152.0M	$166.0M	$180.0M	$166.0M	$153.0M	$144.0M	$154.0M	$167.0M	-$159.0M	$167.0M	-	-	$173.3M
Income Tax	$314.0M	$273.0M	$597.0M	$460.0M	$247.0M	$460.0M	$241.0M	$429.0M	$373.0M	$262.0M	$500.0M	$262.0M	$355.0M	$402.0M	$355.0M
Net Income	$992.0M	$871.0M	$2.0B	$1.4B	$858.0M	$1.4B	$772.0M	$645.0M	$709.0M	$556.0M	$849.0M	$556.0M	$471.0M	$556.0M	$471.0M
EPS (Basic)	$7.59	$8.10	$15.85	$10.62	$6.36	$5.39	$5.63	$4.58	$4.92	$3.83	$5.58	$3.49	$2.95	$4.08	$3.91
EPS (Diluted)	$7.49	$7.97	$15.55	$10.47	$6.28	$5.29	$5.50	$4.51	$4.87	$3.81	$5.54	$3.46	$2.92	$4.05	$3.87
Shares Outstanding	113.0M	118.0M	128.0M	136.0M	136.0M	139.0M	140.0M	142.0M	145.0M	145.0M	153.0M	160.0M	160.0M	177.3M	187.8M
Gross Margin	-	-	-	-	-	38.5%	35.2%	37.2%	38.7%	38.1%	39.1%	37.6%	40.8%	40.9%	41.0%
Operating Margin	14.1%	13.6%	22.1%	20.9%	15.9%	20.9%	15.7%	17.7%	18.7%	13.2%	20.6%	13.2%	13.4%	16.3%	13.4%
Profit Margin	9.0%	8.8%	18.5%	15.2%	11.1%	15.2%	10.4%	8.9%	9.5%	7.5%	11.9%	7.5%	6.4%	7.5%	6.4%

Other Financial Statements

Balance Sheet Cash Flow Statement All Financial Data

Scores & Analysis

Piotroski F-Score Altman Z-Score Financial Ratios

Quest Diagnostics Profile All Financial Data

Item

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

FY2018

FY2017

FY2016

FY2015

FY2014

FY2013

FY2012

FY2011

Revenue

$11.0B

$9.9B

$10.8B

$9.4B

$7.7B

$9.4B

$7.4B

$7.2B

$7.5B

$7.4B

$7.1B

$7.4B

Cost of Revenue

$7.4B

$6.6B

$5.8B

$5.0B

$5.8B

$4.7B

$4.6B

$4.7B

$4.6B

$4.3B

$4.6B

$4.4B

Gross Profit

$3.6B

$2.6B

$2.7B

$2.9B

$2.8B

$3.0B

SG&A Expense

$2.0B

$1.8B

$1.7B

$1.6B

$1.5B

$1.6B

$1.4B

$1.7B

Operating Income

$1.6B

$1.3B

$2.4B

$2.0B

$1.2B

$2.0B

$1.2B

$1.3B

$1.4B

$983.0M

$1.5B

$983.0M

$987.0M

$1.2B

$987.0M

Interest Expense

$152.0M

$166.0M

$180.0M

$166.0M

$153.0M

$144.0M

$154.0M

$167.0M

-$159.0M

$167.0M

$173.3M

Income Tax

$314.0M

$273.0M

$597.0M

$460.0M

$247.0M

$460.0M

$241.0M

$429.0M

$373.0M

$262.0M

$500.0M

$262.0M

$355.0M

$402.0M

$355.0M

Net Income

$992.0M

$871.0M

$2.0B

$1.4B

$858.0M

$1.4B

$772.0M

$645.0M

$709.0M

$556.0M

$849.0M

$556.0M

$471.0M

$556.0M

$471.0M

EPS (Basic)

$7.59

$8.10

$15.85

$10.62

$6.36

$5.39

$5.63

$4.58

$4.92

$3.83

$5.58

$3.49

$2.95

$4.08

$3.91

EPS (Diluted)

$7.49

$7.97

$15.55

$10.47

$6.28

$5.29

$5.50

$4.51

$4.87

$3.81

$5.54

$3.46

$2.92

$4.05

$3.87

Shares Outstanding

113.0M

118.0M

128.0M

136.0M

139.0M

140.0M

142.0M

145.0M

153.0M

160.0M

177.3M

187.8M

Gross Margin

38.5%

35.2%

37.2%

38.7%

38.1%

39.1%

37.6%

40.8%

40.9%

41.0%

Operating Margin

14.1%

13.6%

22.1%

20.9%

15.9%

20.9%

15.7%

17.7%

18.7%

13.2%

20.6%

13.2%

13.4%

16.3%

13.4%

Profit Margin

9.0%

8.8%

18.5%

15.2%

11.1%

15.2%

10.4%

8.9%

9.5%

7.5%

11.9%

7.5%

6.4%

7.5%

6.4%