Quest Diagnostics (DGX) Invested Capital (2009 - 2026)
Quest Diagnostics (DGX) posted Invested Capital of $13.5 billion for Q3 2026, up 4.1% from $12.97 billion a year earlier and up 0.3% from the prior quarter.
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Analysis
Quest Diagnostics (DGX) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Quest Diagnostics' Invested Capital came in at $12.88 billion, down 1.2% from FY2024.
- Annual Invested Capital shows a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
- In prior years, Quest Diagnostics' Invested Capital was $13.03 billion in FY2024 (+17.9%), $11.06 billion in FY2023 (+11.6%), $9.91 billion in FY2022 (-5.6%) and $10.5 billion in FY2021 (-3.0%).
- The Q3 2026 figure stands as the highest quarterly Invested Capital in data going back to Q2 2009.
- On a year-over-year basis, Invested Capital has increased in each of the last three quarters, with growth averaging 7.4% over the last eight quarters.
- The strongest year-over-year quarter for Invested Capital in the past five years was Q3 2024, with growth of 22.2%; the weakest was Q4 2022, with a decline of 5.6%.
- According to Business Quant data, Invested Capital for the three prior quarters was $13.46 billion (Q2 2026), $13.32 billion (Q1 2026) and $12.88 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 109.39 Bn | 105.49 Bn | - | 42.42 Bn |
| 2 | Natera | 55.23 Bn | 50.91 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Labcorp Holdings | 30.03 Bn | 28.12 Bn | 1.11 Bn | 14.70 Bn |
| 4 | Quest Diagnostics | 28.08 Bn | 25.84 Bn | 1.04 Bn | 13.50 Bn |
| 5 | Tenet Healthcare | 23.45 Bn | 12.76 Bn | - | 20.66 Bn |
| 6 | Guardant Health | 22.47 Bn | 18.53 Bn | 219.03 Mn | - |
| 7 | BrightSpring Health Services | 14.45 Bn | 12.21 Bn | 518.55 Mn | 4.36 Bn |
| 8 | Encompass Health | 13.93 Bn | 13.56 Bn | - | 6.10 Bn |
| 9 | Tempus AI | 13.71 Bn | 10.86 Bn | 266.70 Mn | 500.40 Mn |
| 10 | Davita | 12.30 Bn | 9.68 Bn | 1.13 Bn | 10.18 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.50 Bn |
| Jun 30, 2026 | 13.46 Bn |
| Mar 31, 2026 | 13.32 Bn |
| Dec 31, 2025 | 12.88 Bn |
| Sep 30, 2025 | 12.97 Bn |
| Jun 30, 2025 | 12.94 Bn |
| Mar 31, 2025 | 12.82 Bn |
| Dec 31, 2024 | 13.03 Bn |
| Sep 30, 2024 | 13.09 Bn |
| Jun 30, 2024 | 11.08 Bn |
| Mar 31, 2024 | 11.18 Bn |
| Dec 31, 2023 | 11.06 Bn |
| Sep 30, 2023 | 10.71 Bn |
| Jun 30, 2023 | 10.58 Bn |
| Mar 31, 2023 | 10.07 Bn |
| Dec 31, 2022 | 9.91 Bn |
| Sep 30, 2022 | 10.25 Bn |
| Jun 30, 2022 | 10.44 Bn |
| Mar 31, 2022 | 10.40 Bn |
| Dec 31, 2021 | 10.50 Bn |
API Access
Quest Diagnostics Invested Capital 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=invested-capital&ticker=DGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();