Company / Operating Margin
Quest Diagnostics Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
14.1%
FY2025
5-year range
13.6% / 22.1%
FY2021-FY2025
Trend
+3.4%
vs FY2024
Sector context
#37 of 148
Health Care
What the data says
Quest Diagnostics's operating margin of 14.1% is higher than 75% of companies in the Health Care sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 13.2% in FY2016 to 22.1% in FY2023.
Based on SEC 10-K filings.
14.1% in FY2025 with a 5-year CAGR of -6.8%. Top quartile in the Health Care sector.
Declined from 22.1% to 14.1% over the past 2 years.
Health Care sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -6.8pp
- 5-Year Change
- -6.8pp
- 10-Year Change
- -
Sector benchmark
+105.0% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 3.4% year-over-year.
- Currently 298.6pp above the Health Care sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating margin in the period was in FY2016.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 14.1% | +3.4% |
| FY2024 | 13.6% | -38.2% |
| FY2023 | 22.1% | +5.6% |
| FY2022 | 20.9% | +31.1% |
| FY2021 | 15.9% | -23.7% |
| FY2020 | 20.9% | +32.7% |
| FY2019 | 15.7% | -11.1% |
| FY2018 | 17.7% | -5.2% |
| FY2017 | 18.7% | +41.2% |
| FY2016 | 13.2% | -35.9% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026