Quest Diagnostics Income Statement

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
Revenue	11,035	9,872	9,252	9,883	10,788
Revenue Growth (YoY)	11.78%	6.70%	-6.39%	-8.39%	14.32%
Cost of Revenue	7,358	6,601	6,183	6,431	6,571
Gross Profit	3,677	3,271	3,069	3,452	4,217
Selling, General & Admin	1,920	1,733	1,615	1,838	1,723
Amortization of Goodwill & Intangibles	154	127	108	120	103
Other Operating Expenses	-58	1	1	-3	-2
Operating Expenses	2,016	1,861	1,724	1,955	1,824
Operating Income	1,661	1,410	1,345	1,497	2,393
Interest Expense	-264	-226	-163	-148	-152
Interest & Investment Income	-	25	11	10	1
Earnings From Equity Investments	42	19	26	44	78
Other Non Operating Income (Expenses)	26	22	20	-55	55
EBT Excluding Unusual Items	1,465	1,250	1,239	1,348	2,375
Merger & Restructuring Charges	-53	-54	-72	-69	-12
Gain (Loss) on Sale of Investments	-	-	-	-	314
Other Unusual Items	-52	-2	-11	-	-
Pretax Income	1,360	1,194	1,156	1,279	2,677
Income Tax Expense	314	273	248	264	597
Earnings From Continuing Operations	1,046	921	908	1,015	2,080
Net Income to Company	1,046	921	908	1,015	2,080
Minority Interest in Earnings	-54	-50	-54	-69	-85
Net Income	992	871	854	946	1,995
Preferred Dividends & Other Adjustments	4	5	4	4	7
Net Income to Common	988	866	850	942	1,988
Net Income Growth	13.89%	1.99%	-9.72%	-52.58%	39.41%
Shares Outstanding (Basic)	111	111	112	116	125
Shares Outstanding (Diluted)	113	113	113	118	128
Shares Change (YoY)	-	-	-4.24%	-7.81%	-5.88%
EPS (Basic)	8.90	7.80	7.59	8.12	15.90
EPS (Diluted)	8.75	7.69	7.49	7.97	15.55
EPS Growth	13.78%	2.67%	-6.02%	-48.75%	48.52%
Free Cash Flow	1,359	909	864	1,314	1,830
Free Cash Flow Per Share	12.03	8.04	7.65	11.14	14.30
Dividend Per Share	3.200	3.000	2.840	2.640	2.480
Dividend Growth	6.67%	5.63%	7.58%	6.45%	10.71%
Gross Margin	33.32%	33.13%	33.17%	34.93%	39.09%
Operating Margin	15.05%	14.28%	14.54%	15.15%	22.18%
Profit Margin	8.95%	8.77%	9.19%	9.53%	18.43%
Free Cash Flow Margin	12.31%	9.21%	9.34%	13.30%	16.96%
EBITDA	2,231	1,903	1,784	1,934	2,801
EBITDA Margin	20.22%	19.28%	19.28%	19.57%	25.96%
D&A For EBITDA	570	493	439	437	408
EBIT	1,661	1,410	1,345	1,497	2,393
EBIT Margin	15.05%	14.28%	14.54%	15.15%	22.18%
Effective Tax Rate	23.09%	22.86%	21.45%	20.64%	22.30%
Advertising Expenses	-	28	31	74	78

Updated Feb 10, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q