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| Date | Value |
|---|---|
| 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% |