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
DateValue
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%