Quest Diagnostics (DGX) Tax Rate (2009 - 2026)
Quest Diagnostics' (DGX) quarterly Tax Rate came in at 21.36% in Q2 2026, down 390.0% year-over-year from 7.37% in Q2 2025, and down 3.59% quarter-over-quarter from 22.16% in Q1 2026.
Analysis
Quest Diagnostics (DGX) Tax Rate (2009 - 2026) Analysis & Trends
Quest Diagnostics has disclosed Tax Rate across 18 years of filings, most recently posting 21.36% for Q2 2026.
- In Q2 2026, Tax Rate fell 390.0% year-over-year to 21.36%; the TTM figure through Jun 2026 stood at 22.79% (down 24.0% YoY), while the FY2025 annual figure was 23.82%, up 59.0% from the prior year.
- Tax Rate came in at 21.36% for Q2 2026 at Quest Diagnostics, down from 22.16% 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.
- Average Tax Rate over 5 years is 21.42%, with a median of 23.27% recorded in 2022.
- Year-over-year, Tax Rate tumbled 2638 bps in 2022 and jumped 2055 bps in 2023.
- Over 5 years, 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 decreased by 13 bps to 21.36% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 21.36% in Q2 2026, 22.16% in Q1 2026, and 24.55% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 0.45% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 21.36% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 22.59% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -0.15% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 3.51% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -3.75% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 31.27% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | -7.13% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | - |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.36% |
| Mar 31, 2026 | 22.16% |
| Dec 31, 2025 | 24.55% |
| Sep 30, 2025 | 23.48% |
| Jun 30, 2025 | 25.26% |
| Mar 31, 2025 | 21.38% |
| Dec 31, 2024 | 22.74% |
| Sep 30, 2024 | 21.96% |
| Jun 30, 2024 | 23.57% |
| Mar 31, 2024 | 24.81% |
| Dec 31, 2023 | 16.88% |
| Sep 30, 2023 | 22.74% |
| Jun 30, 2023 | 23.66% |
| Mar 31, 2023 | 23.47% |
| Dec 31, 2022 | -3.67% |
| Sep 30, 2022 | 23.08% |
| Jun 30, 2022 | 23.84% |
| Mar 31, 2022 | 24.34% |
| Dec 31, 2021 | 22.71% |
| Sep 30, 2021 | 23.39% |