Quest Diagnostics (DGX) Net Margin (2009 - 2026)
Quest Diagnostics (DGX) posted Net Margin of 10.07% for Q3 2026, up 1.37 percentage points from 8.70% a year earlier but down 0.44 percentage points from the prior quarter.
Quest Diagnostics (DGX) Net Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Net Margin at Quest Diagnostics was 9.53%, up 0.60 percentage points year-over-year; for FY2025, it was 8.99%, up 0.17 percentage points from FY2024.
- Annual Net Margin shows a five-year change of -6.17 percentage points (FY2020 to FY2025).
- In prior years, Quest Diagnostics' Net Margin was 8.82% in FY2024 (-0.41 pp), 9.23% in FY2023 (-0.34 pp), 9.57% in FY2022 (-8.92 pp) and 18.49% in FY2021 (+3.33 pp).
- Quarterly Net Margin has run from a low of 4.33% in Q4 2022 to a high of 14.21% in Q4 2021 over five years.
- On a year-over-year basis, Net Margin has increased in each of the last four quarters, with an average year-over-year change of +0.35 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2023, with a gain of 4.06 percentage points; the weakest was Q2 2022, with a drop of 15.21 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was 10.52% (Q2 2026), 8.70% (Q1 2026) and 8.73% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 98.64 Bn | 98.22 Bn | - | 7.96% |
| 2 | Natera | 54.42 Bn | 50.10 Bn | 485.19 Mn | -8.90% |
| 3 | Labcorp Holdings | 28.77 Bn | 26.87 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 27.60 Bn | 25.68 Bn | 1.04 Bn | 10.07% |
| 5 | Guardant Health | 22.81 Bn | 18.87 Bn | 219.03 Mn | -35.87% |
| 6 | Tenet Healthcare | 21.39 Bn | 12.88 Bn | - | 17.76% |
| 7 | Tempus AI | 13.75 Bn | 10.78 Bn | 246.50 Mn | 1.48% |
| 8 | Encompass Health | 13.53 Bn | 14.00 Bn | - | 9.63% |
| 9 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 2.18% |
| 10 | Fresenius Medical Care AG | 12.64 Bn | 5.70 Bn | 1.52 Bn | 4.49% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.07% |
| Jun 30, 2026 | 10.52% |
| Mar 31, 2026 | 8.70% |
| Dec 31, 2025 | 8.73% |
| Sep 30, 2025 | 8.70% |
| Jun 30, 2025 | 10.21% |
| Mar 31, 2025 | 8.30% |
| Dec 31, 2024 | 8.47% |
| Sep 30, 2024 | 9.08% |
| Jun 30, 2024 | 9.55% |
| Mar 31, 2024 | 8.20% |
| Dec 31, 2023 | 8.39% |
| Sep 30, 2023 | 9.80% |
| Jun 30, 2023 | 10.05% |
| Mar 31, 2023 | 8.67% |
| Dec 31, 2022 | 4.33% |
| Sep 30, 2022 | 10.30% |
| Jun 30, 2022 | 9.54% |
| Mar 31, 2022 | 13.60% |
| Dec 31, 2021 | 14.21% |
Quest Diagnostics Net 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=net-margin&ticker=DGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();