Quest Diagnostics (DGX) Tax Rate (2009 - 2026)

Quest Diagnostics (DGX) posted Tax Rate of 21.36% for Q2 2026, down 3.59% sequentially from 22.16% in Q1 2026, and down 390.0% YoY from 7.37% in Q2 2025.

Quest Diagnostics (DGX) Tax Rate (2009 - 2026) Analysis & Trends

Quest Diagnostics has reported Tax Rate for 18 years, with the latest figure at 21.36% in Q2 2026.

  • Quarterly Tax Rate fell 390.0% year-over-year to 21.36% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 22.79% (down 24.0% YoY) and the FY2025 annual result came in at 23.82%, up 59.0% from the prior year.
  • Tax Rate retreated to 21.36% in Q2 2026 per DGX's latest filing, from 22.16% in the prior quarter.
  • Over five years, Tax Rate peaked at 25.26% in Q2 2025 and troughed at 3.67% in Q4 2022.
  • A 5-year average of 21.42% and a median of 23.27% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate plunged 2638 bps in 2022, then surged 2055 bps in 2023.
  • Over 5 years, Tax Rate stood at 3.67% in 2022, then soared by 560 bps to 16.88% in 2023, then soared by 35 bps to 22.74% in 2024, then gained by 8 bps to 24.55% in 2025, then dropped by 13 bps to 21.36% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 21.36%, 22.16%, and 24.55% for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 213.86 Bn 209.80 Bn 8.34 Bn 8.68%
2 Danaher 140.41 Bn 136.07 Bn 3.61 Bn 19.29%
3 Idexx Laboratories 46.33 Bn 46.13 Bn 779.09 Mn 18.89%
4 Agilent Technologies 39.71 Bn 37.90 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 39.35 Bn 37.27 Bn 1.44 Bn 19.93%
6 Natera 38.97 Bn 37.87 Bn 696.04 Mn -0.35%
7 Illumina 30.09 Bn 28.92 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.70 Bn 28.65 Bn 650.22 Mn 19.52%
9 Quest Diagnostics 26.19 Bn 25.56 Bn 1.03 Bn 21.36%
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn 13.04%

Historic Data

Download Data
DateValue
Jun 30, 2026 21.36%
Jun 30, 2026 21.36%
Jun 30, 2026 21.36%
Mar 31, 2026 22.16%
Mar 31, 2026 22.16%
Mar 31, 2026 22.16%
Dec 31, 2025 24.55%
Dec 31, 2025 24.55%
Dec 31, 2025 24.55%
Sep 30, 2025 23.48%
Sep 30, 2025 23.48%
Sep 30, 2025 23.48%
Jun 30, 2025 25.26%
Jun 30, 2025 25.26%
Jun 30, 2025 25.26%
Mar 31, 2025 21.38%
Mar 31, 2025 21.38%
Mar 31, 2025 21.38%
Dec 31, 2024 22.74%
Dec 31, 2024 22.74%