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Quest Diagnostics DGX Current ratio

Current ratio at other companies

Labcorp Holdings logo
Labcorp HoldingsLH
1.7×-0.1×
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Natera, Inc.NTRA
-0.9×
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Agilent TechnologiesA
2.1×0.0×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
1.1×0.0×
Danaher logo
DanaherDHR
1.9×+0.4×
Guardant Health logo
Guardant HealthGH
4.7×+0.6×

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$21.89B+14.7%
Enterprise value$27.9B+9.5%
P/E21.4×+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×

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 current ratio?
Quest Diagnostics (DGX) reported current ratio of 1.2× in Q1 2026.
How has Quest Diagnostics's current ratio changed year-over-year?
Quest Diagnostics's current ratio decreased by 18.1% year-over-year, from 1.4× to 1.2×.
What is the long-term trend for Quest Diagnostics's current ratio?
Over 4 years (2021 to 2025), Quest Diagnostics's current ratio has grown at a -7.2% compound annual growth rate (CAGR), from 6.3× to 4.7×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.