Quest Diagnostics (DGX) FCF Margin (2009 - 2026)
Quest Diagnostics' FCF Margin came in at 15.08% for Q2 2026, down 0.71 percentage points from 15.79% a year earlier but up 9.42 percentage points from the prior quarter.
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Analysis
Quest Diagnostics (DGX) FCF Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Quest Diagnostics reported FCF Margin of 11.67%, up 0.04 percentage points year-over-year; for FY2025, it was 12.32%, up 3.11 percentage points from FY2024.
- FCF Margin carries a five-year change of -4.50 percentage points (FY2020 to FY2025).
- Going back by year, FCF Margin was 9.21% in FY2024 (-0.13 pp), 9.34% in FY2023 (-3.96 pp), 13.30% in FY2022 (-3.67 pp) and 16.96% in FY2021 (+0.15 pp).
- The five-year range for quarterly FCF Margin is -1.42% (Q1 2023) to 19.89% (Q4 2023).
- Year-over-year, FCF Margin has declined for three consecutive quarters, with an average year-over-year change of +1.12 percentage points over the last eight quarters.
- The fastest year-over-year change in FCF Margin over five years came in Q4 2023 (a gain of 11.87 percentage points), and the weakest in Q1 2023 (a drop of 17.39 percentage points).
- Business Quant data shows DGX's FCF Margin at 5.66% (Q1 2026), 10.94% (Q4 2025) and 14.88% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.81 Bn | 99.82 Bn | - | 5.46% |
| 2 | Natera | 56.54 Bn | 52.22 Bn | 485.19 Mn | -1.15% |
| 3 | Quest Diagnostics | 26.00 Bn | 24.13 Bn | 1.03 Bn | 15.08% |
| 4 | Labcorp Holdings | 25.94 Bn | 23.68 Bn | 1.11 Bn | 8.41% |
| 5 | Tenet Healthcare | 22.61 Bn | 11.62 Bn | - | 7.41% |
| 6 | Guardant Health | 21.66 Bn | 17.72 Bn | 219.03 Mn | -20.76% |
| 7 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 0.38% |
| 8 | Fresenius Medical Care AG | 12.57 Bn | 4.52 Bn | 1.52 Bn | 12.75% |
| 9 | Encompass Health | 12.47 Bn | 12.13 Bn | - | 3.90% |
| 10 | Tempus AI | 12.33 Bn | 9.36 Bn | 246.50 Mn | -3.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.08% |
| Mar 31, 2026 | 5.66% |
| Dec 31, 2025 | 10.94% |
| Sep 30, 2025 | 14.88% |
| Jun 30, 2025 | 15.79% |
| Mar 31, 2025 | 7.43% |
| Dec 31, 2024 | 13.01% |
| Sep 30, 2024 | 10.05% |
| Jun 30, 2024 | 11.18% |
| Mar 31, 2024 | 2.11% |
| Dec 31, 2023 | 19.89% |
| Sep 30, 2023 | 4.44% |
| Jun 30, 2023 | 14.54% |
| Mar 31, 2023 | -1.42% |
| Dec 31, 2022 | 8.02% |
| Sep 30, 2022 | 15.45% |
| Jun 30, 2022 | 13.29% |
| Mar 31, 2022 | 15.97% |
| Dec 31, 2021 | 12.28% |
| Sep 30, 2021 | 17.02% |
API Access
Quest Diagnostics FCF Margin 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=fcf-margin&ticker=DGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();