Quest Diagnostics (DGX) EV to CFO (2009 - 2026)
Quest Diagnostics' EV to CFO was 12.90 in Q3 2026, up 16.6% from 11.06 a year earlier and up 6.4% from the prior quarter.
Quest Diagnostics (DGX) EV to CFO (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Quest Diagnostics' EV to CFO was 12.16 through Sep 30, 2026, up 15.8% year-over-year; for FY2025, it came in at 9.93, down 18.6% from FY2024.
- In earlier years, EV to CFO was 12.20 in FY2024 (+5.9%), 11.52 in FY2023 (+15.2%), 10.00 in FY2022 (+12.3%) and 8.90 in FY2021 (+20.3%).
- The Q3 2026 figure marks the highest quarterly EV to CFO since Q2 2017.
- Compared with a year earlier, EV to CFO was higher in four of the last eight quarters, with growth averaging 0.8%.
- The best year-over-year quarter for EV to CFO over five years was Q3 2023 (growth of 76.5%); the worst was Q4 2025 (a decline of 18.6%).
- Per Business Quant data, DGX's EV to CFO in the three quarters before Q3 2026 was 12.12 (Q2 2026), 11.68 (Q1 2026) and 9.93 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 106.37 Bn | 104.21 Bn | 17.03 Bn |
| 2 | Natera | 45.03 Bn | 40.66 Bn | 513.47 Mn |
| 3 | Labcorp Holdings | 30.12 Bn | 28.22 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 28.44 Bn | 26.52 Bn | 1.04 Bn |
| 5 | Guardant Health | 20.93 Bn | 16.54 Bn | 236.15 Mn |
| 6 | BrightSpring Health Services | 14.41 Bn | 11.29 Bn | 518.55 Mn |
| 7 | Tempus AI | 14.27 Bn | 11.42 Bn | 266.70 Mn |
| 8 | Encompass Health | 13.98 Bn | 14.44 Bn | 1.54 Bn |
| 9 | Davita | 11.35 Bn | 10.22 Bn | 1.13 Bn |
| 10 | Ensign | 10.80 Bn | 8.92 Bn | 317.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 12.90 |
| Jun 30, 2026 | 12.12 |
| Mar 31, 2026 | 11.68 |
| Dec 31, 2025 | 9.93 |
| Sep 30, 2025 | 11.06 |
| Jun 30, 2025 | 11.83 |
| Mar 31, 2025 | 12.57 |
| Dec 31, 2024 | 12.20 |
| Sep 30, 2024 | 11.91 |
| Jun 30, 2024 | 12.06 |
| Mar 31, 2024 | 10.80 |
| Dec 31, 2023 | 11.52 |
| Sep 30, 2023 | 12.64 |
| Jun 30, 2023 | 11.45 |
| Mar 31, 2023 | 11.82 |
| Dec 31, 2022 | 10.00 |
| Sep 30, 2022 | 7.16 |
| Jun 30, 2022 | 7.69 |
| Mar 31, 2022 | 7.78 |
| Dec 31, 2021 | 8.90 |
Quest Diagnostics EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=DGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "DGX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();