Quest Diagnostics (DGX) Gross Margin (2009 - 2026)
Quest Diagnostics' Gross Margin came in at 33.65% for Q3 2026, down 0.05 percentage points from 33.70% a year earlier and down 0.10 percentage points from the prior quarter.
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Analysis
Quest Diagnostics (DGX) Gross Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Quest Diagnostics reported Gross Margin of 33.11%, down 0.19 percentage points year-over-year; for FY2025, it came in at 33.21%, up 0.35 percentage points from FY2024.
- Gross Margin carries a five-year change of -5.28 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 32.86% in FY2024 (-0.14 pp), 33.00% in FY2023 (-1.74 pp), 34.74% in FY2022 (-4.28 pp) and 39.02% in FY2021 (+0.52 pp).
- The five-year range for quarterly Gross Margin is 32.17% (Q4 2023) to 37.39% (Q4 2021).
- Year-over-year, Gross Margin increased in three of the last eight quarters, with an average year-over-year change of +0.18 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2025 (a gain of 1.10 percentage points), and the weakest in Q4 2022 (a drop of 4.90 percentage points).
- Business Quant data shows DGX's Gross Margin at 33.75% (Q2 2026), 32.54% (Q1 2026) and 32.43% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 98.64 Bn | 98.22 Bn | - | - |
| 2 | Natera | 54.42 Bn | 50.10 Bn | 485.19 Mn | 64.46% |
| 3 | Labcorp Holdings | 28.77 Bn | 26.87 Bn | 1.11 Bn | 29.08% |
| 4 | Quest Diagnostics | 27.60 Bn | 25.68 Bn | 1.04 Bn | 33.65% |
| 5 | Guardant Health | 22.81 Bn | 18.87 Bn | 219.03 Mn | 65.39% |
| 6 | Tenet Healthcare | 21.39 Bn | 12.88 Bn | - | - |
| 7 | Tempus AI | 13.75 Bn | 10.78 Bn | 246.50 Mn | 64.45% |
| 8 | Encompass Health | 13.53 Bn | 14.00 Bn | - | - |
| 9 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 12.72% |
| 10 | Fresenius Medical Care AG | 12.64 Bn | 5.70 Bn | 1.52 Bn | 26.95% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 33.65% |
| Jun 30, 2026 | 33.75% |
| Mar 31, 2026 | 32.54% |
| Dec 31, 2025 | 32.43% |
| Sep 30, 2025 | 33.70% |
| Jun 30, 2025 | 34.15% |
| Mar 31, 2025 | 32.54% |
| Dec 31, 2024 | 32.74% |
| Sep 30, 2024 | 32.60% |
| Jun 30, 2024 | 33.54% |
| Mar 31, 2024 | 32.59% |
| Dec 31, 2023 | 32.17% |
| Sep 30, 2023 | 32.85% |
| Jun 30, 2023 | 33.88% |
| Mar 31, 2023 | 33.08% |
| Dec 31, 2022 | 32.49% |
| Sep 30, 2022 | 34.92% |
| Jun 30, 2022 | 34.33% |
| Mar 31, 2022 | 36.96% |
| Dec 31, 2021 | 37.39% |
API Access
Quest Diagnostics Gross 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=gross-margin&ticker=DGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();