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Cash ratio at other companies

Labcorp Holdings logo
Labcorp HoldingsLH
0.4×+0.2×
Natera, Inc. logo
Natera, Inc.NTRA
1.9×-0.7×
Agilent Technologies logo
Agilent TechnologiesA
0.8×+0.1×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
0.2×0.0×
Danaher logo
DanaherDHR
0.8×+0.5×
Guardant Health logo
Guardant HealthGH
3.8×+0.2×

Other financials

Income statement

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Revenue$2.9B+9.2%
Gross profit$942.0M+9.2%
Operating income$399.0M+15.3%
Net income$252.0M+14.5%
EPS (diluted)$2.24+15.5%

Balance sheet

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Cash & equivalents$393.0M+109%
Total debt$6.4B-2.5%
Total equity$7.4B+6.3%
Total assets$16.7B+5.6%

Cash flow

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Operating cash flow$278.0M-11.5%
CapEx$114.0M-2.6%
Free cash flow$164.0M-16.8%

Valuation

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Market cap$21.59B+14.7%
Enterprise value$27.6B+9.5%
P/E21.1×+0.1×
P/S1.9×+0.1×

Profitability

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Gross margin33.2%+0.4pp
Operating margin14.3%+0.6pp
Net margin9.1%+0.2pp

Returns & leverage

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Return on equity14.3%+0.9pp
Debt / equity0.9×-0.1×
Current ratio1.2×-0.3×

Where this comes from

Calculated from Quest Diagnostics’s reported figures.

Based on the most recent quarter.

The official record: Quest Diagnostics’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Quest Diagnostics's cash ratio?
Quest Diagnostics (DGX) reported cash ratio of 0.2× in Q1 2026.
How has Quest Diagnostics's cash ratio changed year-over-year?
Quest Diagnostics's cash ratio increased by 38.3% year-over-year, from 0.1× to 0.2×.
What is the long-term trend for Quest Diagnostics's cash ratio?
Over 4 years (2021 to 2025), Quest Diagnostics's cash ratio has grown at a -25.1% compound annual growth rate (CAGR), from 2.1× to 0.7×.
What does cash ratio mean?
How much of its short-term bills the company could pay with cash on hand right now.
How do you interpret cash ratio?
A buffer against stress, but persistently high cash ratios can indicate under-deployed capital. Interpret alongside the company's capital-allocation strategy.
How does cash ratio compare across companies?
Varies widely by business model and treasury policy; best read against the company's own history.