Quest Diagnostics (DGX) Return on Capital Employed [ROCE] (2009 - 2026)
Quest Diagnostics' Return on Capital Employed [ROCE] was 11.30% in Q3 2026, up 0.33 percentage points from 10.98% a year earlier and up 0.45 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).
- The Q3 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q4 2022.
- Compared with a year earlier, Return on Capital Employed [ROCE] has increased for six straight quarters, with an average year-over-year change of +0.37 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2021 (a gain of 4.10 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 Q3 2026 was 10.85% (Q2 2026), 11.27% (Q1 2026) and 11.17% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 27.97% |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 11.30% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 20.92% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | -33.03% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 11.79% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | -14.14% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 18.11% |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 14.26% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.30% |
| 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% |
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();