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Quest Diagnostics DGX Free cash flow yield

Free cash flow yield at other companies

Labcorp Holdings logo
Labcorp HoldingsLH
6.3%+0.4pp
Natera, Inc. logo
Natera, Inc.NTRA
0.4%-0.1pp
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Agilent TechnologiesA
3.3%-0.6pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
2.4%-0.1pp
Danaher logo
DanaherDHR
3.9%+0.6pp
Guardant Health logo
Guardant HealthGH
-2%-0.8pp

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×
Current ratio1.2×-0.3×

Where this comes from

Calculated from Quest Diagnostics’s reported figures.

Based on trailing twelve months.

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 free cash flow yield?
Quest Diagnostics (DGX) reported free cash flow yield of 6.2% in Q1 2026.
How has Quest Diagnostics's free cash flow yield changed year-over-year?
Quest Diagnostics's free cash flow yield increased by 9.5% year-over-year, from 5.6% to 6.2%.
What is the long-term trend for Quest Diagnostics's free cash flow yield?
Over 4 years (2021 to 2025), Quest Diagnostics's free cash flow yield has grown at a -13.7% compound annual growth rate (CAGR), from 45.7% to 25.3%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.