Quest Diagnostics Incorporated (DGX) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 2.57B | 2.38B | 2.41B | 2.2B | 2.08B | 2.39B | 2.62B | 2.02B | 2.23B | 2.37B | 1.81B | 1.73B | 1.81B | 1.9B | 2.33B | 2.43B | 2.48B | 2.74B | 2.85B | 2.15B |
| Cash & Short-Term Investments | 393M | 420M | 432M | 319M | 188M | 549M | 764M | 271M | 474M | 686M | 143M | 126M | 175M | 315M | 700M | 790M | 712M | 872M | 987M | 560M |
| Cash Only | 393M | 420M | 432M | 319M | 188M | 549M | 764M | 271M | 474M | 686M | 143M | 126M | 175M | 315M | 700M | 790M | 712M | 872M | 987M | 560M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 1.59B | 1.41B | 1.46B | 1.42B | 1.4B | 1.3B | 1.38B | 1.32B | 1.32B | 1.21B | 1.28B | 1.24B | 1.25B | 1.2B | 1.28B | 1.29B | 1.37B | 1.44B | 1.47B | 1.25B |
| Days Sales Outstanding | 46.55 | 46.95 | 46.96 | 46.52 | 45.95 | 47.04 | 49.83 | 50.13 | 48.69 | 50.08 | 50.43 | 48.44 | 47.28 | 48.8 | 47.61 | 49.41 | 48.41 | 48.8 | 45.24 | 47.05 |
| Inventory | 225M | 189M | 186M | 187M | 189M | 188M | 184M | 182M | 181M | 190M | 184M | 184M | 190M | 192M | 183M | 187M | 197M | 208M | 205M | 199M |
| Days Inventory Outstanding | 9.54 | 9.12 | 9.19 | 9.41 | 9.48 | 9.71 | 10.04 | 10.37 | 10.58 | 11.11 | 10.99 | 11.01 | 11.02 | 10.95 | 10.52 | 10.85 | 11.07 | 11.06 | 11.13 | 12.27 |
| Other Current Assets | 361M | 361M | 333M | 273M | 294M | 351M | 299M | 245M | 251M | 286M | 207M | 188M | 195M | 196M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 14.11B | 13.85B | 13.79B | 13.77B | 13.72B | 13.76B | 13.47B | 11.86B | 11.73B | 11.65B | 11.67B | 11.69B | 10.98B | 10.94B | 10.89B | 10.89B | 10.97B | 10.87B | 10.72B | 10.71B |
| Property, Plant & Equipment | 2.88B | 2.86B | 2.79B | 2.77B | 2.75B | 2.76B | 2.75B | 2.44B | 2.39B | 2.42B | 2.44B | 2.42B | 2.38B | 2.35B | 2.31B | 2.26B | 2.29B | 2.3B | 2.23B | 2.21B |
| Fixed Asset Turnover | 1.01x | 0.99x | 1.01x | 1.00x | 0.96x | 0.95x | 0.96x | 0.99x | 0.98x | 0.94x | 0.94x | 0.97x | 0.98x | 1.00x | 1.09x | 1.08x | 1.14x | 1.21x | 1.25x | 1.15x |
| Goodwill | 9.12B | 8.95B | 8.9B | 8.88B | 8.85B | 8.86B | 8.61B | 7.88B | 7.83B | 7.73B | 7.73B | 7.73B | 7.24B | 7.22B | 7.19B | 7.2B | 7.2B | 7.09B | 7.06B | 7.04B |
| Intangible Assets | 1.72B | 1.64B | 1.66B | 1.71B | 1.73B | 1.76B | 1.72B | 1.2B | 1.19B | 1.17B | 1.22B | 1.25B | 1.08B | 1.09B | 1.11B | 1.14B | 1.17B | 1.17B | 1.15B | 1.17B |
| Long-Term Investments | 134M | 136M | 137M | 136M | 134M | 123M | 125M | 126M | 133M | 135M | 130M | 135M | 128M | 132M | 138M | 147M | 155M | 141M | 124M | 111M |
| Other Non-Current Assets | 256M | 270M | 296M | 271M | 260M | 255M | 272M | 216M | 182M | 198M | 149M | 152M | 150M | 144M | 132M | 137M | 155M | 163M | 155M | 176M |
| Total Assets | 16.67B | 16.23B | 16.2B | 15.97B | 15.8B | 16.15B | 16.09B | 13.88B | 13.95B | 14.02B | 13.48B | 13.43B | 12.79B | 12.84B | 13.22B | 13.31B | 13.44B | 13.61B | 13.57B | 12.86B |
| Asset Turnover | 0.18x | 0.17x | 0.18x | 0.17x | 0.17x | 0.16x | 0.17x | 0.17x | 0.17x | 0.17x | 0.17x | 0.18x | 0.18x | 0.18x | 0.19x | 0.18x | 0.19x | 0.20x | 0.21x | 0.19x |
| Asset Growth % | 5.55% | 0.45% | 0.63% | 15.04% | 13.21% | 15.2% | 19.38% | 3.4% | 9.07% | 9.23% | 1.96% | 0.85% | -4.82% | -5.69% | -2.57% | 3.51% | -3.51% | -2.96% | -4.04% | -0.99% |
| Total Current Liabilities | 2.18B | 2.28B | 2.13B | 2.02B | 1.44B | 2.17B | 2.09B | 2.01B | 2.3B | 1.81B | 1.62B | 1.88B | 1.35B | 1.55B | 1.6B | 1.58B | 1.7B | 1.75B | 1.76B | 1.55B |
| Accounts Payable | 1.5B | 1.6B | 1.46B | 1.31B | 1.25B | 1.39B | 1.27B | 1.2B | 1.19B | 1.35B | 1.14B | 1.18B | 1.16B | 1.4B | 1.45B | 1.42B | 1.54B | 1.6B | 1.61B | 1.4B |
| Days Payables Outstanding | 71.43 | 74.32 | 68.15 | 63.97 | 66.31 | 69.35 | 67.81 | 68.41 | 72.63 | 74.2 | 69.22 | 68.6 | 73.59 | 83.03 | 81.51 | 83.71 | 85.95 | 85.95 | 83.02 | 86.14 |
| Short-Term Debt | 677M | 678M | 504M | 504M | 174M | 775M | 779M | 765M | 1.06B | 456M | 461M | 674M | 157M | 155M | 155M | 157M | 156M | 153M | 149M | 147M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 0 | 0 | 0 | 40M | 20M | 5M | 44M | 44M | 47M | 5M | 14M | 25M | 43M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 1.18x | 1.04x | 1.13x | 1.09x | 1.44x | 1.10x | 1.25x | 1.00x | 0.97x | 1.31x | 1.12x | 0.92x | 1.34x | 1.22x | 1.46x | 1.54x | 1.46x | 1.56x | 1.62x | 1.38x |
| Quick Ratio | 1.08x | 0.96x | 1.04x | 0.99x | 1.31x | 1.02x | 1.17x | 0.91x | 0.89x | 1.20x | 1.01x | 0.83x | 1.20x | 1.10x | 1.34x | 1.42x | 1.34x | 1.44x | 1.51x | 1.26x |
| Cash Conversion Cycle | -15.34 | -18.26 | -12 | -8.04 | -10.87 | -12.61 | -7.94 | -7.91 | -13.35 | -13.01 | -7.81 | -9.16 | -15.29 | -23.28 | -23.38 | -23.45 | -26.47 | -26.09 | -26.66 | -26.82 |
| Total Non-Current Liabilities | 6.83B | 6.66B | 6.69B | 6.6B | 7.31B | 7.09B | 7.08B | 5.13B | 5.11B | 5.79B | 5.33B | 5.19B | 5.27B | 5.28B | 5.27B | 5.21B | 5.25B | 5.3B | 5.3B | 5.29B |
| Long-Term Debt | 5.73B | 5.7B | 5.17B | 5.17B | 5.86B | 5.6B | 5.65B | 3.82B | 3.8B | 4.41B | 3.95B | 3.78B | 3.98B | 3.98B | 3.98B | 3.98B | 3.98B | 4.01B | 4.01B | 4.01B |
| Capital Lease Obligations | 574M | 537M | 534M | 540M | 538M | 551M | 543M | 507M | 489M | 503M | 505M | 508M | 490M | 489M | 505M | 497M | 522M | 494M | 495M | 492M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 250M | 0 | 0 | 0 | 270M | 0 | 0 | 0 | 295M | 0 | 0 | 0 | 290M | 0 | 0 |
| Other Non-Current Liabilities | 527M | 420M | 982M | 890M | 917M | 688M | 891M | 811M | 817M | 606M | 874M | 901M | 809M | 517M | 787M | 728M | 742M | 502M | 801M | 792M |
| Total Liabilities | 9.01B | 8.94B | 8.82B | 8.62B | 8.75B | 9.26B | 9.17B | 7.15B | 7.41B | 7.6B | 6.94B | 7.06B | 6.63B | 6.83B | 6.87B | 6.79B | 6.95B | 7.05B | 7.06B | 6.84B |
| Total Debt | 6.98B | 6.92B | 6.38B | 6.38B | 6.57B | 6.92B | 6.97B | 5.09B | 5.35B | 5.37B | 4.91B | 4.96B | 4.62B | 4.62B | 4.64B | 4.64B | 4.66B | 4.66B | 4.65B | 4.65B |
| Net Debt | 6.59B | 6.5B | 5.95B | 6.07B | 6.38B | 6.38B | 6.21B | 4.82B | 4.88B | 4.68B | 4.77B | 4.83B | 4.45B | 4.31B | 3.94B | 3.85B | 3.95B | 3.79B | 3.66B | 4.09B |
| Debt / Equity | 0.91x | 0.95x | 0.87x | 0.87x | 0.93x | 1.00x | 1.01x | 0.76x | 0.82x | 0.84x | 0.75x | 0.78x | 0.75x | 0.77x | 0.73x | 0.71x | 0.72x | 0.71x | 0.71x | 0.77x |
| Debt / EBITDA | 16.01x | 17.25x | 12.09x | 10.99x | 13.52x | 13.96x | 15.32x | 10.78x | 12.87x | 14.28x | 10.84x | 10.78x | 11.22x | 18.41x | 9.28x | 9.37x | 7.53x | 7.25x | 6.18x | 7.34x |
| Net Debt / EBITDA | 15.11x | 16.21x | 11.27x | 10.44x | 13.13x | 12.85x | 13.64x | 10.21x | 11.73x | 12.45x | 10.53x | 10.51x | 10.79x | 17.16x | 7.88x | 7.77x | 6.38x | 5.90x | 4.86x | 6.46x |
| Interest Coverage | 6.33x | 6.27x | 5.87x | 6.57x | 4.83x | 5.15x | 6.10x | 7.68x | 6.43x | 6.15x | 8.29x | 9.13x | 8.49x | 4.03x | 10.49x | 9.50x | 13.22x | 14.21x | 18.21x | 22.50x |
| Total Equity | 7.67B | 7.29B | 7.38B | 7.35B | 7.04B | 6.9B | 6.92B | 6.74B | 6.55B | 6.42B | 6.54B | 6.36B | 6.17B | 6.01B | 6.35B | 6.53B | 6.49B | 6.56B | 6.51B | 6.02B |
| Equity Growth % | 8.85% | 5.66% | 6.57% | 9.07% | 7.59% | 7.45% | 5.84% | 5.83% | 6.18% | 6.84% | 2.99% | -2.5% | -5.05% | -8.46% | -2.49% | 8.46% | -5.47% | -4.77% | -0.23% | 1.01% |
| Book Value per Share | 68.45 | 65.05 | 65.27 | 65.01 | 62.33 | 61.03 | 61.25 | 60.13 | 58.45 | 56.80 | 57.36 | 55.82 | 54.56 | 52.23 | 53.81 | 54.85 | 53.66 | 52.50 | 52.09 | 47.39 |
| Total Shareholders' Equity | 7.37B | 7.17B | 7.26B | 7.23B | 6.93B | 6.78B | 6.81B | 6.62B | 6.43B | 6.31B | 6.42B | 6.25B | 6.05B | 5.89B | 6.24B | 6.41B | 6.38B | 6.44B | 6.39B | 5.9B |
| Common Stock | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M | 2M |
| Retained Earnings | 10.15B | 9.99B | 9.84B | 9.68B | 9.49B | 9.36B | 9.22B | 9.08B | 8.94B | 8.82B | 8.71B | 8.57B | 8.41B | 8.29B | 8.26B | 8.08B | 7.93B | 7.65B | 7.33B | 10.25B |
| Treasury Stock | -5.09B | -5.18B | -4.9B | -4.77B | -4.79B | -4.86B | -4.73B | -4.76B | -4.78B | -4.83B | -4.57B | -4.59B | -4.61B | -4.67B | -4.27B | -3.9B | -3.76B | -3.45B | -2.87B | -6.89B |
| Accumulated OCI | -43M | -27M | -40M | -16M | -83M | -88M | -15M | -19M | -16M | -14M | -20M | -16M | -18M | -21M | -31M | -23M | -16M | -14M | -13M | -10M |
| Minority Interest | 300M | 116M | 118M | 118M | 114M | 118M | 112M | 118M | 114M | 111M | 114M | 115M | 115M | 114M | 114M | 116M | 116M | 118M | 119M | 119M |