Quest Diagnostics (DGX) Asset Writedowns and Impairment (2009 - 2019)

Quest Diagnostics (DGX) posted Asset Writedowns and Impairment of $2.0 million for Q4 2019, down 50.0% sequentially from $4.0 million in Q3 2019, and down 50.0% YoY from $4.0 million in Q4 2018.

Quest Diagnostics (DGX) Asset Writedowns and Impairment (2009 - 2019) Analysis & Trends

Quest Diagnostics has reported Asset Writedowns and Impairment for 11 years, with the latest figure at $2.0 million in Q4 2019.

  • Quarterly Asset Writedowns and Impairment fell 50.0% year-over-year to $2.0 million in Q4 2019, while the trailing twelve-month figure through Dec 2019 was $11.0 million (up 83.33% YoY) and the FY2024 annual result came in at $5.0 million, up 400.0% from the prior year.
  • Asset Writedowns and Impairment slipped to $2.0 million in Q4 2019 per DGX's latest filing, from $4.0 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $86.0 million in Q1 2016 and troughed at -$235.0 million in Q4 2016.
  • A 5-year average of $16.4 million and a median of $3.5 million in 2017 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2016 and 2019: Asset Writedowns and Impairment sank 461.54% in 2016, then surged 133.33% in 2019.
  • Over 5 years, Asset Writedowns and Impairment stood at $65.0 million in 2015, then tumbled by 461.54% to -$235.0 million in 2016, then soared by 101.28% to $3.0 million in 2017, then jumped by 33.33% to $4.0 million in 2018, then slumped by 50.0% to $2.0 million in 2019.
  • According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered $2.0 million, $4.0 million, and $1.0 million for Q4 2019, Q3 2019, and Q2 2019 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 213.96 Bn 209.90 Bn 8.34 Bn
2 Danaher 140.29 Bn 135.94 Bn 3.61 Bn
3 Idexx Laboratories 46.08 Bn 45.88 Bn 779.09 Mn
4 Agilent Technologies 39.78 Bn 37.97 Bn 990.00 Mn
5 Iqvia Holdings 39.43 Bn 37.35 Bn 1.44 Bn
6 Natera 38.72 Bn 37.62 Bn 696.04 Mn
7 Illumina 30.05 Bn 28.88 Bn 770.00 Mn
8 Mettler Toledo International 28.63 Bn 28.58 Bn 650.22 Mn
9 Quest Diagnostics 26.17 Bn 25.54 Bn 1.03 Bn
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn

Historic Data

Download Data
DateValue
Dec 31, 2019 2.00 Mn
Dec 31, 2019 2.00 Mn
Sep 30, 2019 4.00 Mn
Sep 30, 2019 4.00 Mn
Jun 30, 2019 1.00 Mn
Jun 30, 2019 1.00 Mn
Mar 31, 2019 4.00 Mn
Mar 31, 2019 4.00 Mn
Dec 31, 2018 4.00 Mn
Dec 31, 2018 4.00 Mn
Sep 30, 2018 2.00 Mn
Sep 30, 2018 2.00 Mn
Jun 30, 2018 -3.00 Mn
Jun 30, 2018 -3.00 Mn
Mar 31, 2018 3.00 Mn
Mar 31, 2018 3.00 Mn
Dec 31, 2017 3.00 Mn
Dec 31, 2017 3.00 Mn
Sep 30, 2017 1.00 Mn
Sep 30, 2017 1.00 Mn