Quest Diagnostics Incorporated (DGX)
NYSE: DGX · Real-Time Price · USD
255.63
+0.89 (0.35%)
Nov 6, 2026, 4:00 PM EST - Market closed
Quest Diagnostics Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 312 | 320 | 252 | 245 | 245 | 282 | 220 | 222 | 226 | 229 | 194 | 192 | 225 | 235 | 202 | 101 | 256 | 234 | 355 | 390 |
Depreciation & Amortization | 147 | 146 | 147 | 145 | 142 | 143 | 140 | 135 | 125 | 117 | 116 | 109 | 111 | 112 | 107 | 116 | 108 | 107 | 106 | 106 |
Stock-Based Compensation | 20 | 23 | 20 | 25 | 20 | 21 | 22 | 27 | 19 | 20 | 22 | 19 | 18 | 16 | 24 | 22 | 18 | 19 | 18 | 19 |
Provision & Write-off of Bad Debts | 2 | 2 | 1 | 1 | - | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | - | -1 | 2 | - | 1 | - | 1 |
Other Operating Activities | 131 | 18 | 68 | -15 | 135 | 42 | 21 | 46 | 27 | -2 | 7 | 32 | - | - | 14 | - | 89 | 68 | -21 | 47 |
Change in Accounts Receivable | -49 | -79 | -180 | 47 | -38 | -14 | -101 | 69 | -27 | 1 | -114 | 71 | -48 | 20 | -58 | 84 | 12 | 78 | 72 | 36 |
Change in Accounts Payable | 114 | 142 | -12 | 16 | 124 | 42 | -53 | 35 | 9 | 41 | -152 | 176 | -75 | 55 | -211 | 20 | 32 | -36 | -165 | -1 |
Change in Income Taxes | -28 | -9 | 13 | 25 | -10 | -6 | 15 | -15 | 11 | -22 | 42 | -2 | -5 | -6 | 11 | -30 | 3 | -99 | 95 | -69 |
Change in Other Net Operating Assets | -38 | 34 | -31 | -24 | -55 | 33 | 49 | -56 | -35 | -26 | 38 | -71 | -20 | 12 | 6 | 19 | -16 | 30 | 20 | -48 |
Operating Cash Flow | 611 | 597 | 278 | 465 | 563 | 544 | 314 | 464 | 356 | 360 | 154 | 527 | 207 | 444 | 94 | 334 | 502 | 402 | 480 | 481 |
Operating Cash Flow Growth (YoY) | 8.53% | 9.74% | -11.46% | 0.22% | 58.15% | 51.11% | 103.90% | -11.95% | 71.98% | -18.92% | 63.83% | 57.78% | -58.77% | 10.45% | -80.42% | -30.56% | -10.52% | -12.61% | -34.34% | -11.09% |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -166 | -138 | -114 | -158 | -144 | -108 | -117 | -123 | -106 | -92 | -104 | -72 | -105 | -104 | -127 | -147 | -118 | -76 | -63 | -144 |
Cash Acquisitions | -1 | - | -38 | -50 | -34 | -17 | - | -383 | -1,533 | -106 | -142 | - | -2 | -578 | -31 | -38 | - | -1 | -105 | -80 |
Investment in Securities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 11 | - | -5 | -1 | -3 |
Other Investing Activities | -2 | 4 | - | 17 | -23 | 1 | 2 | 4 | 6 | -2 | 33 | -42 | - | - | - | - | - | - | - | - |
Investing Cash Flow | -169 | -134 | -152 | -191 | -201 | -124 | -115 | -502 | -1,633 | -200 | -213 | -114 | -107 | -682 | -158 | -174 | -118 | -82 | -169 | -227 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | - | - | - | - | - | 215 | - | - | - | - | - | - | - | 140 | - | - | - | - | - |
Total Debt Issued | - | 494 | - | - | 10 | 185 | 215 | - | 1,846 | - | - | 889 | 556 | 1,007 | 140 | - | - | - | - | - |
Long-Term Debt Repaid | - | - | -1 | - | - | - | -600 | - | - | - | - | - | - | - | -140 | - | - | - | -1 | - |
Total Debt Repaid | -3 | -500 | -1 | -1 | -10 | -401 | -600 | -1 | -1 | -301 | - | -418 | -598 | -688 | -140 | -1 | - | - | -1 | - |
Net Debt Issued (Repaid) | -3 | -6 | -1 | -1 | - | -216 | -385 | -1 | 1,845 | -301 | - | 471 | -42 | 319 | - | -1 | - | - | -1 | - |
Issuance of Common Stock | 27 | 16 | 65 | 18 | 19 | 13 | 29 | 21 | 24 | 16 | 12 | 12 | 13 | 22 | 25 | 27 | 28 | 58 | 10 | 21 |
Repurchase of Common Stock | -152 | -103 | -37 | -301 | -152 | - | -42 | -151 | -1 | - | -23 | -275 | - | - | -28 | -461 | -375 | -200 | -400 | -289 |
Common Dividends Paid | -95 | -96 | -88 | -90 | -89 | -90 | -84 | -84 | -84 | -84 | -79 | -80 | -80 | -80 | -74 | -75 | -78 | -78 | -74 | -77 |
Other Financing Activities | -48 | -40 | -91 | 87 | -25 | - | -79 | 45 | -14 | 6 | -63 | 2 | 26 | -72 | 1 | -35 | -49 | -22 | -6 | -24 |
Financing Cash Flow | -271 | -229 | -152 | -287 | -247 | -293 | -561 | -170 | 1,770 | -363 | -153 | 130 | -83 | 189 | -76 | -545 | -474 | -242 | -471 | -369 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | - | -1 | -1 | 1 | -2 | 4 | 1 | -7 | - | - | - | - | - | - | - | - | - | - | - | - |
Net Cash Flow | 171 | 233 | -27 | -12 | 113 | 131 | -361 | -215 | 493 | -203 | -212 | 543 | 17 | -49 | -140 | -385 | -90 | 78 | -160 | -115 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 445 | 459 | 164 | 307 | 419 | 436 | 197 | 341 | 250 | 268 | 50 | 455 | 102 | 340 | -33 | 187 | 384 | 326 | 417 | 337 |
Free Cash Flow Growth (YoY) | 6.21% | 5.27% | -16.75% | -9.97% | 67.60% | 62.69% | 294.00% | -25.05% | 145.10% | -21.18% | - | 143.32% | -73.44% | 4.29% | - | -44.51% | -18.64% | -13.30% | -35.35% | -11.08% |
Free Cash Flow Margin | 14.37% | 15.08% | 5.67% | 10.94% | 14.88% | 15.79% | 7.43% | 13.01% | 10.05% | 11.18% | 2.11% | 19.89% | 4.44% | 14.54% | -1.42% | 8.02% | 15.45% | 13.29% | 15.97% | 12.28% |
Free Cash Flow Per Share | 3.97 | 4.10 | 1.46 | 2.74 | 3.71 | 3.86 | 1.74 | 3.02 | 2.21 | 2.39 | 0.45 | 4.03 | 0.90 | 2.98 | -0.29 | 1.63 | 3.25 | 2.74 | 3.45 | 2.70 |
Levered Free Cash Flow | 184.63 | 308.5 | 157.25 | 169.13 | 228.63 | 348.75 | 220.38 | 161.5 | 156.38 | 244.13 | 144.38 | 278.13 | 92 | 244.25 | 21.38 | 12.75 | 243.38 | 233.5 | 516 | 214.5 |
Unlevered Free Cash Flow | 226.5 | 351 | 197.88 | 211 | 271.75 | 391.88 | 265.38 | 206.5 | 192.63 | 273.5 | 175 | 306.88 | 117.63 | 268.63 | 44.5 | 35.25 | 266.5 | 257.25 | 539.13 | 238.25 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 22 | 107 | 22 | 113 | 22 | 113 | 32 | 95 | 62 | 61 | 44 | 37 | 17 | 48 | 32 | 46 | 32 | 46 | 32 | 48 |
Cash Income Tax Paid | 38 | 96 | 8 | 57 | 2 | 106 | 4 | 77 | 61 | 115 | 3 | 84 | 99 | 101 | 33 | 96 | 5 | 159 | 23 | 187 |
Change in Working Capital | -1 | 88 | -210 | 64 | 21 | 55 | -90 | 33 | -42 | -6 | -186 | 174 | -148 | 81 | -252 | 93 | 31 | -27 | 22 | -82 |