Quest Diagnostics (DGX) Net Margin (2009 - 2026)
Quest Diagnostics (DGX) posted Net Margin of 10.65% for Q2 2026, up 18.55% sequentially from 8.98% in Q1 2026, and up 25.0% YoY from 8.52% in Q2 2025.
Quest Diagnostics (DGX) Net Margin (2009 - 2026) Analysis & Trends
Quest Diagnostics has reported Net Margin for 14 years, with the latest figure at 10.65% in Q2 2026.
- Quarterly Net Margin rose 25.0% year-over-year to 10.65% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 9.38% (up 20.0% YoY) and the FY2025 annual result came in at 9.1%, down 4.0% from the prior year.
- Net Margin rose to 10.65% in Q2 2026 per DGX's latest filing, from 8.98% in the prior quarter.
- Over five years, Net Margin peaked at 13.1% in Q1 2022 and troughed at 4.84% in Q4 2022.
- A 5-year average of 9.42% and a median of 9.19% in 2023 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin plunged 1985 bps in 2022, then jumped 377 bps in 2023.
- Over 5 years, Net Margin stood at 4.84% in 2022, then jumped by 78 bps to 8.61% in 2023, then climbed by 2 bps to 8.81% in 2024, then climbed by 1 bps to 8.87% in 2025, then rose by 20 bps to 10.65% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 10.65%, 8.98%, and 8.87% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.88 Bn | 209.81 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 140.65 Bn | 136.30 Bn | 3.61 Bn | 13.89% |
| 3 | Idexx Laboratories | 46.02 Bn | 45.83 Bn | 779.09 Mn | 27.82% |
| 4 | Agilent Technologies | 39.85 Bn | 38.05 Bn | 990.00 Mn | 18.47% |
| 5 | Iqvia Holdings | 39.20 Bn | 37.12 Bn | 1.44 Bn | 5.52% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | -12.22% |
| 7 | Illumina | 30.11 Bn | 28.94 Bn | 770.00 Mn | 17.86% |
| 8 | Mettler Toledo International | 28.66 Bn | 28.61 Bn | 650.22 Mn | 22.67% |
| 9 | Quest Diagnostics | 26.24 Bn | 25.61 Bn | 1.03 Bn | 10.65% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 7.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.65% |
| Mar 31, 2026 | 8.98% |
| Dec 31, 2025 | 8.87% |
| Sep 30, 2025 | 8.91% |
| Jun 30, 2025 | 10.39% |
| Mar 31, 2025 | 8.18% |
| Dec 31, 2024 | 8.81% |
| Sep 30, 2024 | 9.28% |
| Jun 30, 2024 | 10.01% |
| Mar 31, 2024 | 8.45% |
| Dec 31, 2023 | 8.61% |
| Sep 30, 2023 | 10.07% |
| Jun 30, 2023 | 10.35% |
| Mar 31, 2023 | 9.09% |
| Dec 31, 2022 | 4.84% |
| Sep 30, 2022 | 10.86% |
| Jun 30, 2022 | 10.03% |
| Mar 31, 2022 | 13.10% |
| Dec 31, 2021 | 14.14% |
| Sep 30, 2021 | 18.06% |