Quest Diagnostics (DGX) Invested Capital (2009 - 2026)
Quest Diagnostics (DGX) posted Invested Capital of $13.46 billion for Q2 2026, up 4.0% from $12.94 billion a year earlier and up 1.0% from the prior quarter.
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 Q2 2026 figure stands as the highest quarterly Invested Capital in data going back to Q2 2009.
- On a year-over-year basis, Invested Capital increased in six of the last eight quarters, with growth averaging 9.7%.
- 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 $13.32 billion (Q1 2026), $12.88 billion (Q4 2025) and $12.97 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.51 Bn | 99.52 Bn | - | 43.08 Bn |
| 2 | Natera | 57.15 Bn | 52.83 Bn | 485.19 Mn | 1.90 Bn |
| 3 | Labcorp Holdings | 26.06 Bn | 23.81 Bn | 1.11 Bn | 14.47 Bn |
| 4 | Quest Diagnostics | 26.01 Bn | 24.14 Bn | 1.03 Bn | 13.46 Bn |
| 5 | Tenet Healthcare | 22.82 Bn | 11.82 Bn | - | 19.81 Bn |
| 6 | Guardant Health | 21.66 Bn | 17.73 Bn | 219.03 Mn | - |
| 7 | BrightSpring Health Services | 13.01 Bn | 11.34 Bn | 492.75 Mn | 4.24 Bn |
| 8 | Tempus AI | 12.48 Bn | 9.51 Bn | 246.50 Mn | 444.93 Mn |
| 9 | Encompass Health | 12.48 Bn | 12.14 Bn | - | 6.04 Bn |
| 10 | Fresenius Medical Care AG | 12.46 Bn | 4.41 Bn | 1.52 Bn | 555.49 Bn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 10.44 Bn |
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_KEY
import 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();