Quest Diagnostics Incorporated (DGX) quarterly cash flow statement — complete operating, investing & financing history
Quest Diagnostics Incorporated (DGX) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Cash from Operations | 740M | 468M | 278M | 465M | 563M | 544M | 314M | 464M | 356M | 360M | 154M | 527M | 207M | 444M | 94M | 334M | 502M | 402M | 480M | 481M |
| Operating CF Margin % | 23.89% | 15.38% | 9.6% | 16.57% | 19.99% | 19.7% | 11.84% | 17.7% | 14.31% | 15.02% | 6.51% | 23.03% | 9.02% | 18.99% | 4.03% | 14.32% | 20.19% | 16.39% | 18.38% | 17.53% |
| Operating CF Growth % | 31.44% | -13.97% | -11.46% | 0.22% | 58.15% | 51.11% | 103.9% | -11.95% | 71.98% | -18.92% | 63.83% | 57.78% | -58.76% | 10.45% | -80.42% | -30.56% | -10.52% | -12.61% | -34.34% | -11.09% |
| Net Income | 326M | 334M | 264M | 245M | 259M | 296M | 235M | 222M | 237M | 228M | 208M | 192M | 237M | 249M | 217M | 116M | 276M | 250M | 373M | 413M |
| Depreciation & Amortization | 147M | 146M | 147M | 145M | 142M | 143M | 140M | 135M | 125M | 117M | 116M | 109M | 111M | 112M | 107M | 116M | 108M | 107M | 106M | 106M |
| Stock-Based Compensation | 20M | 23M | 20M | 0 | 20M | 21M | 22M | 27M | 19M | 20M | 22M | 19M | 18M | 16M | 24M | 22M | 18M | 19M | 18M | 19M |
| Deferred Taxes | 109M | -2M | 48M | -13M | 110M | 1M | 7M | 0 | 15M | -18M | -18M | -10M | -23M | -12M | -4M | -44M | 65M | 23M | -43M | 30M |
| Other Non-Cash Items | 139M | -114M | 9M | 24M | -3M | 28M | 0 | 67M | 2M | 19M | 12M | 43M | 12M | -2M | 2M | 31M | 4M | 30M | 4M | -5M |
| Working Capital Changes | -1M | 81M | -210M | 64M | 35M | 55M | -90M | 13M | -42M | -6M | -186M | 174M | -148M | 81M | -252M | 93M | 31M | -27M | 22M | -82M |
| Change in Receivables | -49M | -79M | -180M | 47M | -38M | -14M | -101M | 69M | -27M | 1M | -114M | 71M | -48M | 20M | -58M | 84M | 12M | 78M | 72M | 36M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5M | -6M | 0 | 0 | 0 | 0 | 0 | -69M |
| Change in Payables | 114M | 142M | -12M | 16M | 124M | 42M | -53M | 0 | 9M | 41M | -152M | 176M | -75M | 55M | -211M | 20M | 32M | -36M | -165M | -1M |
| Cash from Investing | -169M | -134M | -152M | -191M | -201M | -124M | -115M | -502M | -1.63B | -200M | -213M | -114M | -107M | -682M | -158M | -174M | -118M | -82M | -169M | -227M |
| Capital Expenditures | -166M | -138M | -114M | -158M | -144M | -108M | -117M | -123M | -106M | -92M | -104M | -72M | -105M | -104M | -127M | -147M | -118M | -76M | -63M | -144M |
| CapEx % of Revenue | 5.36% | 4.54% | 3.94% | 5.63% | 5.11% | 3.91% | 4.41% | 4.69% | 4.26% | 3.84% | 4.4% | 3.15% | 4.58% | 4.45% | 5.45% | 6.3% | 4.75% | 3.1% | 2.41% | 5.25% |
| Acquisitions | -1M | 0 | -38M | -50M | -34M | -17M | 0 | -383M | -1.53B | -106M | -142M | 0 | -2M | -578M | -31M | -38M | 0 | -1M | -105M | -80M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -2M | 4M | 0 | 17M | -23M | 1M | 2M | 4M | 6M | -2M | 33M | -42M | 0 | 0 | 0 | 11M | 0 | -5M | -1M | -3M |
| Cash from Financing | -104M | -396M | -152M | -287M | -247M | -293M | -561M | -170M | 1.77B | -363M | -153M | 130M | -83M | 189M | -76M | -545M | -474M | -242M | -471M | -369M |
| Debt Issued (Net) | 491M | 0 | -1M | -1M | 0 | -216M | -385M | -1M | 1.84B | -301M | 0 | 471M | -42M | 319M | 0 | -1M | 0 | 0 | -1M | 0 |
| Equity Issued (Net) | -123M | -167M | 65M | -282M | -131M | 13M | 29M | -151M | 24M | 16M | 12M | -275M | 13M | 22M | 25M | -461M | -346M | -142M | -373M | -268M |
| Dividends Paid | -95M | -96M | -88M | -90M | -89M | -90M | -84M | -84M | -84M | -84M | -79M | -80M | -80M | -80M | -74M | -75M | -78M | -78M | -74M | -77M |
| Share Repurchases | -150M | -102M | 0 | -300M | -150M | 0 | 0 | -151M | 0 | 0 | 0 | -275M | 0 | 0 | 0 | -461M | -374M | -200M | -373M | -289M |
| Other Financing | -377M | -133M | -128M | 86M | -27M | 0 | -121M | 66M | -15M | 6M | -86M | 14M | 26M | -72M | -27M | -8M | -50M | -22M | -23M | -24M |
| Net Change in Cash | 467M | -63M | -27M | -12M | 113M | 131M | -361M | -215M | 493M | -203M | -212M | 543M | 17M | -49M | -140M | -385M | -90M | 78M | -160M | -115M |
| Free Cash Flow | 574M | 330M | 164M | 307M | 419M | 436M | 197M | 341M | 250M | 268M | 50M | 455M | 102M | 340M | -33M | 187M | 384M | 326M | 417M | 337M |
| FCF Margin % | 18.53% | 10.84% | 5.66% | 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% |
| FCF Growth % | 36.99% | -24.31% | -16.75% | -9.97% | 67.6% | 62.69% | 294% | -25.05% | 145.1% | -21.18% | 251.52% | 143.32% | -73.44% | 4.29% | -107.91% | -44.51% | -18.64% | -13.3% | -35.35% | -11.08% |
| FCF per Share | 5.13 | 2.95 | 1.46 | 2.74 | 3.71 | 3.86 | 1.74 | 3.02 | 2.21 | 2.39 | 0.45 | 4.03 | 0.89 | 2.98 | -0.29 | 1.63 | 3.25 | 2.74 | 3.45 | 2.70 |
| FCF Conversion (FCF/Net Income) | 2.37x | 1.46x | 1.10x | 1.90x | 2.30x | 1.93x | 1.43x | 2.09x | 1.58x | 1.57x | 0.79x | 2.74x | 0.92x | 1.89x | 0.47x | 3.31x | 1.98x | 1.73x | 1.36x | 1.24x |
| Interest Paid | 0 | 0 | 22M | 0 | 22M | 113M | 32M | 95M | 62M | 61M | 44M | 37M | 17M | 48M | 32M | 0 | 32M | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 8M | 0 | 2M | 106M | 4M | 77M | 61M | 115M | 3M | 84M | 99M | 101M | 33M | 0 | 5M | 0 | 0 | 0 |