Quest Diagnostics (DGX) Payout Ratio (2009 - 2026)
Quest Diagnostics' (DGX) Payout Ratio stood at 0.33 in Q3 2026, down 8.7% from 0.36 a year earlier and down 4.4% from the prior quarter.
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Analysis
Quest Diagnostics (DGX) Payout Ratio (2009 - 2026) Analysis & Trends
For FY2025, Quest Diagnostics' Payout Ratio came in at 0.36, down 6.4% from FY2024.
- Across earlier years, Payout Ratio came in at 0.38 in FY2024 (+3.4%), 0.37 in FY2023 (+14.0%), 0.32 in FY2022 (+108.2%) and 0.15 in FY2021 (-25.4%).
- The Q3 2026 figure is the lowest quarterly Payout Ratio since Q4 2022.
- On a year-over-year basis, Payout Ratio has declined for seven consecutive quarters, with an average decline of 4.8% over the last eight quarters.
- Peak year-over-year performance for Payout Ratio in the last five years was growth of 134.9% in Q1 2023, against a decline of 25.4% in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.34 (Q2 2026), 0.35 (Q1 2026) and 0.36 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 98.64 Bn | 98.22 Bn | - |
| 2 | Natera | 54.42 Bn | 50.10 Bn | 485.19 Mn |
| 3 | Labcorp Holdings | 28.77 Bn | 26.87 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 27.60 Bn | 25.68 Bn | 1.04 Bn |
| 5 | Guardant Health | 22.81 Bn | 18.87 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 21.39 Bn | 12.88 Bn | - |
| 7 | Tempus AI | 13.75 Bn | 10.78 Bn | 246.50 Mn |
| 8 | Encompass Health | 13.53 Bn | 14.00 Bn | - |
| 9 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn |
| 10 | Fresenius Medical Care AG | 12.64 Bn | 5.70 Bn | 1.52 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.33 |
| Jun 30, 2026 | 0.34 |
| Mar 31, 2026 | 0.35 |
| Dec 31, 2025 | 0.36 |
| Sep 30, 2025 | 0.36 |
| Jun 30, 2025 | 0.36 |
| Mar 31, 2025 | 0.37 |
| Dec 31, 2024 | 0.38 |
| Sep 30, 2024 | 0.39 |
| Jun 30, 2024 | 0.38 |
| Mar 31, 2024 | 0.38 |
| Dec 31, 2023 | 0.37 |
| Sep 30, 2023 | 0.40 |
| Jun 30, 2023 | 0.39 |
| Mar 31, 2023 | 0.38 |
| Dec 31, 2022 | 0.32 |
| Sep 30, 2022 | 0.25 |
| Jun 30, 2022 | 0.21 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.15 |
API Access
Quest Diagnostics Payout Ratio 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=payout-ratio&ticker=DGX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payout-ratio", "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=payout-ratio&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();