Quest Diagnostics (DGX) Tax Rate (2009 - 2026)
Quest Diagnostics' (DGX) quarterly Tax Rate came in at 22.16% in Q1 2026, up 78.0% year-on-year from 12.45% in Q1 2025, and down 9.74% quarter-over-quarter from 24.55% in Q4 2025.
Quest Diagnostics (DGX) Tax Rate (2009 - 2026) Analysis & Trends
Quest Diagnostics has disclosed Tax Rate across 18 years of filings, most recently posting 22.16% for Q1 2026.
- Tax Rate for Q1 2026 came in at 22.16%, up 78.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 23.91% (up 146.0% YoY), and the FY2025 annual result was 23.82%, up 59.0% from the prior year.
- Tax Rate came in at 22.16% for Q1 2026 at Quest Diagnostics, down from 24.55% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 25.26% in Q2 2025 to a low of 3.67% in Q4 2022.
- The 5-year median for Tax Rate is 23.47% (2023), against an average of 21.42%.
- Across the five-year window, Tax Rate plunged 2638 bps in 2022 and soared 2055 bps in 2023, its largest moves.
- Quest Diagnostics' Tax Rate stood at 3.67% in 2022, then jumped by 560 bps to 16.88% in 2023, then jumped by 35 bps to 22.74% in 2024, then increased by 8 bps to 24.55% in 2025, then slipped by 10 bps to 22.16% in 2026.
- The last three Tax Rate figures came in at 22.16% (Q1 2026), 24.55% (Q4 2025), and 23.48% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 22.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 22.16% |
| Mar 31, 2026 | 22.16% |
| Dec 31, 2025 | 24.55% |
| Dec 31, 2025 | 24.55% |
| Sep 30, 2025 | 23.48% |
| Sep 30, 2025 | 23.48% |
| Jun 30, 2025 | 25.26% |
| Jun 30, 2025 | 25.26% |
| Mar 31, 2025 | 21.38% |
| Mar 31, 2025 | 21.38% |
| Dec 31, 2024 | 22.74% |
| Dec 31, 2024 | 22.74% |
| Sep 30, 2024 | 21.96% |
| Sep 30, 2024 | 21.96% |
| Jun 30, 2024 | 23.57% |
| Jun 30, 2024 | 23.57% |
| Mar 31, 2024 | 24.81% |
| Mar 31, 2024 | 24.81% |
| Dec 31, 2023 | 16.88% |
| Dec 31, 2023 | 16.88% |