Quest Diagnostics (DGX) Return on Capital Employed [ROCE] (2009 - 2026)
Quest Diagnostics' Return on Capital Employed [ROCE] was 10.85% in Q2 2026, up 0.21 percentage points from 10.64% a year earlier but down 0.42 percentage points from the prior quarter.
Quest Diagnostics (DGX) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Quest Diagnostics came in at 11.19%, up 0.77 percentage points from FY2024.
- Return on Capital Employed [ROCE] shows a five-year change of -5.72 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 10.42% in FY2024 (-0.45 pp), 10.87% in FY2023 (-1.37 pp), 12.23% in FY2022 (-7.50 pp) and 19.73% in FY2021 (+2.83 pp).
- Quarterly Return on Capital Employed [ROCE] has moved between 9.55% (Q3 2023) and 23.04% (Q3 2021) over five years.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for five straight quarters, with an average year-over-year change of +0.35 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q3 2021 (a gain of 9.27 percentage points); the worst was Q1 2023 (a drop of 8.24 percentage points).
- Per Business Quant data, DGX's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 11.27% (Q1 2026), 11.17% (Q4 2025) and 10.98% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.49 Bn | 99.50 Bn | - | 27.06% |
| 2 | Natera | 57.04 Bn | 52.72 Bn | 485.19 Mn | -13.91% |
| 3 | Labcorp Holdings | 26.02 Bn | 23.77 Bn | 1.11 Bn | 8.97% |
| 4 | Quest Diagnostics | 25.96 Bn | 24.09 Bn | 1.03 Bn | 10.85% |
| 5 | Tenet Healthcare | 22.81 Bn | 11.82 Bn | - | 17.89% |
| 6 | Guardant Health | 21.61 Bn | 17.67 Bn | 219.03 Mn | -29.86% |
| 7 | BrightSpring Health Services | 13.00 Bn | 11.34 Bn | 492.75 Mn | 9.85% |
| 8 | Encompass Health | 12.48 Bn | 12.14 Bn | - | 17.71% |
| 9 | Tempus AI | 12.47 Bn | 9.50 Bn | 246.50 Mn | -15.22% |
| 10 | Fresenius Medical Care AG | 12.46 Bn | 4.41 Bn | 1.52 Bn | 3.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.85% |
| Mar 31, 2026 | 11.27% |
| Dec 31, 2025 | 11.17% |
| Sep 30, 2025 | 10.98% |
| Jun 30, 2025 | 10.64% |
| Mar 31, 2025 | 9.58% |
| Dec 31, 2024 | 9.65% |
| Sep 30, 2024 | 9.71% |
| Jun 30, 2024 | 10.62% |
| Mar 31, 2024 | 10.75% |
| Dec 31, 2023 | 10.57% |
| Sep 30, 2023 | 9.55% |
| Jun 30, 2023 | 10.50% |
| Mar 31, 2023 | 10.65% |
| Dec 31, 2022 | 12.44% |
| Sep 30, 2022 | 15.68% |
| Jun 30, 2022 | 17.70% |
| Mar 31, 2022 | 18.89% |
| Dec 31, 2021 | 20.11% |
| Sep 30, 2021 | 23.04% |
Quest Diagnostics Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=DGX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=DGX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();