Quest Diagnostics annual free cash flow
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2025
Quest Diagnostics Free Cash Flow (FCF) History (DGX)
Quest Diagnostics reported $1.36B in free cash flow for fiscal 2025, an increase of 49.50% from the previous fiscal year, with a free cash flow margin of 12.32%.
View full Quest Diagnostics company overviewQuest Diagnostics free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.36B | $450.0M | +49.50% | +12.32% |
| 2024 | 2024-12-31 | $909.0M | $45.0M | +5.21% | +9.21% |
| 2023 | 2023-12-31 | $864.0M | −$450.0M | −34.25% | +9.34% |
| 2022 | 2022-12-31 | $1.31B | −$516.0M | −28.20% | +13.30% |
| 2021 | 2021-12-31 | $1.83B | $243.0M | +15.31% | +16.96% |
| 2020 | 2020-12-31 | $1.59B | $744.0M | +88.26% | +16.82% |
| 2019 | 2019-12-31 | $843.0M | $26.0M | +3.18% | +10.91% |
| 2018 | 2018-12-31 | $817.0M | −$106.0M | −11.48% | +10.85% |
| 2017 | 2017-12-31 | $923.0M | $100.0M | +12.15% | +12.47% |
| 2016 | 2016-12-31 | $823.0M | $265.0M | +47.49% | +11.41% |
| 2015 | 2015-12-31 | $558.0M | −$78.0M | −12.26% | +7.45% |
| 2014 | 2014-12-31 | $636.0M | $215.0M | +51.07% | +8.55% |
| 2013 | 2013-12-31 | $421.0M | −$584.0M | −58.11% | +5.89% |
| 2012 | 2012-12-31 | $1.00B | $271.0M | +36.92% | +13.61% |
| 2011 | 2011-12-31 | $734.0M | −$178.6M | −19.57% | +9.93% |
| 2010 | 2010-12-31 | $912.6M | $82.2M | +9.89% | +12.57% |
| 2009 | 2009-12-31 | $830.5M | −$19.9M | −2.34% | +11.14% |
| 2008 | 2008-12-31 | $850.4M | $142.5M | +20.14% | +11.73% |
| 2007 | 2007-12-31 | $707.8M | — | — | +10.56% |
Quest Diagnostics quarterly free cash flow
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| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $459.0M | $23.0M | +5.28% | +15.08% |
| Q1 2026 | 2026-03-31 | $164.0M | −$33.0M | −16.75% | +5.66% |
| Q4 2025 | 2025-12-31 | $307.0M | −$34.0M | −9.97% | +10.94% |
| Q3 2025 | 2025-09-30 | $419.0M | $169.0M | +67.60% | +14.88% |
| Q2 2025 | 2025-06-30 | $436.0M | $168.0M | +62.69% | +15.79% |
| Q1 2025 | 2025-03-31 | $197.0M | $147.0M | +294.00% | +7.43% |
| Q4 2024 | 2024-12-31 | $341.0M | −$114.0M | −25.05% | +13.01% |
| Q3 2024 | 2024-09-30 | $250.0M | $148.0M | +145.10% | +10.05% |
| Q2 2024 | 2024-06-30 | $268.0M | −$72.0M | −21.18% | +11.18% |
| Q1 2024 | 2024-03-31 | $50.0M | $83.0M | — | +2.11% |
| Q4 2023 | 2023-12-31 | $455.0M | $268.0M | +143.32% | +19.89% |
| Q3 2023 | 2023-09-30 | $102.0M | −$282.0M | −73.44% | +4.44% |
| Q2 2023 | 2023-06-30 | $340.0M | $14.0M | +4.29% | +14.54% |
| Q1 2023 | 2023-03-31 | −$33.0M | −$450.0M | — | −1.42% |
| Q4 2022 | 2022-12-31 | $187.0M | −$150.0M | −44.51% | +8.02% |
| Q3 2022 | 2022-09-30 | $384.0M | −$88.0M | −18.64% | +15.45% |
| Q2 2022 | 2022-06-30 | $326.0M | −$50.0M | −13.30% | +13.29% |
| Q1 2022 | 2022-03-31 | $417.0M | −$228.0M | −35.35% | +15.97% |
| Q4 2021 | 2021-12-31 | $337.0M | −$42.0M | −11.08% | +12.28% |
| Q3 2021 | 2021-09-30 | $472.0M | −$299.0M | −38.78% | +17.02% |
| Q2 2021 | 2021-06-30 | $376.0M | $103.0M | +37.73% | +14.75% |
| Q1 2021 | 2021-03-31 | $645.0M | $481.0M | +293.29% | +23.71% |
| Q4 2020 | 2020-12-31 | $379.0M | $203.0M | +115.34% | +12.62% |
| Q3 2020 | 2020-09-30 | $771.0M | $568.0M | +279.80% | +27.67% |
| Q2 2020 | 2020-06-30 | $273.0M | $37.0M | +15.68% | +14.94% |
| Q1 2020 | 2020-03-31 | $164.0M | −$64.0M | −28.07% | +9.00% |
| Q4 2019 | 2019-12-31 | $176.0M | $32.0M | +22.22% | +9.14% |
| Q3 2019 | 2019-09-30 | $203.0M | −$118.0M | −36.76% | +10.38% |
| Q2 2019 | 2019-06-30 | $236.0M | −$9.0M | −3.67% | +12.08% |
| Q1 2019 | 2019-03-31 | $228.0M | $121.0M | +113.08% | +12.06% |
| Q4 2018 | 2018-12-31 | $144.0M | −$97.0M | −40.25% | +7.83% |
| Q3 2018 | 2018-09-30 | $321.0M | $22.0M | +7.36% | +16.99% |
| Q2 2018 | 2018-06-30 | $245.0M | $16.0M | +6.99% | +12.77% |
| Q1 2018 | 2018-03-31 | $107.0M | −$47.0M | −30.52% | +5.68% |
| Q4 2017 | 2017-12-31 | $241.0M | $18.0M | +8.07% | +12.92% |
| Q3 2017 | 2017-09-30 | $299.0M | $59.0M | +24.58% | +16.11% |
| Q2 2017 | 2017-06-30 | $229.0M | −$25.0M | −9.84% | +12.29% |
| Q1 2017 | 2017-03-31 | $154.0M | $48.0M | +45.28% | +8.48% |
| Q4 2016 | 2016-12-31 | $223.0M | $45.0M | +25.28% | +11.98% |
| Q3 2016 | 2016-09-30 | $240.0M | $80.0M | +50.00% | +12.73% |
| Q2 2016 | 2016-06-30 | $254.0M | $30.0M | +13.39% | +13.33% |
| Q1 2016 | 2016-03-31 | $106.0M | $110.0M | — | +5.69% |
| Q4 2015 | 2015-12-31 | $178.0M | −$42.0M | −19.09% | +9.63% |
| Q3 2015 | 2015-09-30 | $160.0M | −$9.0M | −5.33% | +8.51% |
| Q2 2015 | 2015-06-30 | $224.0M | −$7.0M | −3.03% | +11.64% |
| Q1 2015 | 2015-03-31 | −$4.0M | −$20.0M | — | −0.22% |
| Q4 2014 | 2014-12-31 | $220.0M | $86.0M | +64.18% | +11.68% |
| Q3 2014 | 2014-09-30 | $169.0M | $32.0M | +23.36% | +8.88% |
| Q2 2014 | 2014-06-30 | $231.0M | $79.0M | +51.97% | +12.15% |
| Q1 2014 | 2014-03-31 | $16.0M | $18.0M | — | +0.92% |
| Q4 2013 | 2013-12-31 | $134.0M | −$186.6M | −58.20% | +7.63% |
| Q3 2013 | 2013-09-30 | $137.0M | −$212.7M | −60.82% | +7.66% |
| Q2 2013 | 2013-06-30 | $152.0M | −$51.5M | −25.29% | +8.37% |
| Q1 2013 | 2013-03-31 | −$2.0M | −$133.3M | — | −0.11% |
| Q4 2012 | 2012-12-31 | $320.6M | $26.4M | +8.98% | +18.07% |
| Q3 2012 | 2012-09-30 | $349.7M | $51.3M | +17.20% | +19.19% |
| Q2 2012 | 2012-06-30 | $203.5M | $183.6M | +923.94% | +10.83% |
| Q1 2012 | 2012-03-31 | $131.3M | $9.7M | +7.96% | +6.88% |
| Q4 2011 | 2011-12-31 | $294.2M | $23.7M | +8.75% | +15.92% |
| Q3 2011 | 2011-09-30 | $298.4M | $15.8M | +5.58% | +15.91% |
| Q2 2011 | 2011-06-30 | $19.9M | −$140.2M | −87.59% | +1.06% |
| Q1 2011 | 2011-03-31 | $121.6M | −$77.9M | −39.04% | +6.78% |
| Q4 2010 | 2010-12-31 | $270.5M | −$39.9M | −12.87% | +14.83% |
| Q3 2010 | 2010-09-30 | $282.6M | −$49.9M | −15.00% | +15.16% |
| Q2 2010 | 2010-06-30 | $160.1M | $205.7M | — | +8.54% |
| Q1 2010 | 2010-03-31 | $199.5M | −$33.7M | −14.45% | +11.05% |
| Q4 2009 | 2009-12-31 | $310.4M | — | — | +16.80% |
| Q3 2009 | 2009-09-30 | $332.5M | — | — | +17.53% |
| Q2 2009 | 2009-06-30 | −$45.6M | — | — | −2.40% |
| Q1 2009 | 2009-03-31 | $233.2M | — | — | +12.90% |
Quest Diagnostics free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $1.59B to $1.36B, a compound annual decline of 3.05%. Quest Diagnostics's latest reported quarter, Q2 2026, generated $459.0M in free cash flow, an increase of 5.28% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
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