Quest Diagnostics Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	969	871	854	946	1,995	1,431	Upgrade
Depreciation & Amortization	560	493	439	437	408	361	Upgrade
Loss (Gain) From Sale of Investments	-	-	-	-	-314	-	Upgrade
Stock-Based Compensation	90	88	77	77	79	97	Upgrade
Provision & Write-off of Bad Debts	3	5	1	3	4	19	Upgrade
Other Operating Activities	244	78	46	136	-26	75	Upgrade
Change in Accounts Receivable	-84	-71	-15	246	81	-455	Upgrade
Change in Accounts Payable	148	-67	-55	-149	35	452	Upgrade
Change in Income Taxes	-16	16	-2	-31	-20	22	Upgrade
Change in Other Net Operating Assets	-29	-79	-73	53	-9	3	Upgrade
Operating Cash Flow	1,885	1,334	1,272	1,718	2,233	2,005	Upgrade
Operating Cash Flow Growth	34.93%	4.87%	-25.96%	-23.06%	11.37%	61.30%	Upgrade
Capital Expenditures	-492	-425	-408	-404	-403	-418	Upgrade
Cash Acquisitions	-434	-2,164	-611	-144	-331	-330	Upgrade
Investment in Securities	-	-	-	-	755	-24	Upgrade
Other Investing Activities	-16	41	-42	5	-	-	Upgrade
Investing Cash Flow	-942	-2,548	-1,061	-543	21	-772	Upgrade
Long-Term Debt Issued	-	1,846	2,592	-	-	749	Upgrade
Long-Term Debt Repaid	-	-303	-1,844	-2	-2	-1,554	Upgrade
Net Debt Issued (Repaid)	-602	1,543	748	-2	-2	-805	Upgrade
Issuance of Common Stock	82	73	72	123	129	189	Upgrade
Repurchase of Common Stock	-345	-175	-303	-1,436	-2,221	-340	Upgrade
Common Dividends Paid	-347	-331	-314	-305	-309	-297	Upgrade
Other Financing Activities	-59	-26	-43	-112	-137	-14	Upgrade
Financing Cash Flow	-1,271	1,084	160	-1,732	-2,540	-1,267	Upgrade
Foreign Exchange Rate Adjustments	-4	-7	-	-	-	-	Upgrade
Net Cash Flow	-332	-137	371	-557	-286	-34	Upgrade
Free Cash Flow	1,393	909	864	1,314	1,830	1,587	Upgrade
Free Cash Flow Growth	36.17%	5.21%	-34.25%	-28.20%	15.31%	88.26%	Upgrade
Free Cash Flow Margin	12.84%	9.21%	9.34%	13.30%	16.96%	16.82%	Upgrade
Free Cash Flow Per Share	12.25	8.04	7.65	11.14	14.30	11.67	Upgrade
Cash Interest Paid	262	262	134	156	159	201	Upgrade
Cash Income Tax Paid	189	256	317	283	709	360	Upgrade
Levered Free Cash Flow	1,001	741	669.75	1,015	1,564	1,104	Upgrade
Unlevered Free Cash Flow	1,177	882.25	771.63	1,108	1,659	1,208	Upgrade
Change in Working Capital	19	-201	-145	119	87	22	Upgrade

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