Quest Diagnostics Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	420	549	686	315	872
Short-Term Investments	-	-	-	-	44
Cash & Short-Term Investments	420	549	686	315	916
Cash Growth	-23.50%	-19.97%	117.78%	-65.61%	-20.90%
Accounts Receivable	1,408	1,304	1,210	1,195	1,438
Receivables	1,408	1,304	1,210	1,195	1,438
Inventory	189	188	190	192	208
Prepaid Expenses	361	304	238	170	143
Other Current Assets	-	47	48	26	36
Total Current Assets	2,378	2,392	2,372	1,898	2,741
Property, Plant & Equipment	2,860	2,764	2,418	2,351	2,304
Long-Term Investments	136	160	155	138	146
Goodwill	8,945	8,856	7,733	7,220	7,095
Other Intangible Assets	1,636	1,763	1,166	1,092	1,167
Long-Term Deferred Tax Assets	-	28	-	-	-
Other Long-Term Assets	270	190	178	138	158
Total Assets	16,225	16,153	14,022	12,837	13,611
Accounts Payable	1,600	287	378	324	357
Accrued Expenses	-	856	768	881	1,038
Short-Term Debt	-	162	129	92	116
Current Portion of Long-Term Debt	504	601	302	-	-
Current Portion of Leases	174	174	154	155	153
Current Income Taxes Payable	-	-	-	2	10
Other Current Liabilities	-	89	84	97	79
Total Current Liabilities	2,278	2,169	1,815	1,551	1,753
Long-Term Debt	5,167	5,633	4,404	3,971	3,978
Long-Term Leases	537	551	509	496	526
Long-Term Deferred Tax Liabilities	-	278	270	295	290
Other Long-Term Liabilities	957	626	606	517	502
Total Liabilities	8,939	9,257	7,604	6,830	7,049
Common Stock	2	2	2	2	2
Additional Paid-In Capital	2,381	2,361	2,320	2,295	2,260
Retained Earnings	9,994	9,360	8,825	8,290	7,649
Treasury Stock	-5,180	-4,857	-4,826	-4,673	-3,453
Comprehensive Income & Other	-27	-88	-14	-21	-14
Total Common Equity	7,170	6,778	6,307	5,893	6,444
Minority Interest	116	118	111	114	118
Shareholders' Equity	7,286	6,896	6,418	6,007	6,562
Total Liabilities & Equity	16,225	16,153	14,022	12,837	13,611
Total Debt	6,382	7,121	5,498	4,714	4,773
Net Cash (Debt)	-5,962	-6,572	-4,812	-4,399	-3,857
Net Cash Per Share	-52.76	-58.16	-42.58	-37.28	-30.13
Filing Date Shares Outstanding	110	110.98	110.71	111.32	119.45
Total Common Shares Outstanding	110	111	111	111	119
Working Capital	100	223	557	347	988
Book Value Per Share	65.18	61.06	56.82	53.09	54.15
Tangible Book Value	-3,411	-3,841	-2,592	-2,419	-1,818
Tangible Book Value Per Share	-31.01	-34.60	-23.35	-21.79	-15.28
Land	-	81	40	43	43
Buildings	-	610	513	520	532
Machinery	-	2,353	2,178	2,140	2,009
Construction In Progress	-	235	248	277	214
Leasehold Improvements	-	881	827	760	705

Source: S&P Global Market Intelligence. Standard template. Financial Sources.