Quest Diagnostics Balance Sheet
NYSE: DGXHealth CareMedical SpecialitiesUSD
At close: Oct 9, 4:01 PM ET · Delayed 15 min
Quest Diagnostics financial position
At the end of fiscal 2025, Quest Diagnostics reported total assets of $16.23 billion, up 0.4% from a year earlier against total liabilities of $9.02 billion. Shareholders' equity stood at $7.17 billion, or 44.2% of assets. The company held $420.0 million in cash and equivalents against $5.67 billion of debt, a net debt position of $5.25 billion.
The current ratio (current assets divided by current liabilities) was 1.04, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.79.
Summary generated from market data by MetaCap's automated system. Methodology
Quest Diagnostics balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 420.00M | 549.00M | 686.00M | 315.00M | 872.00M | 1.16B | 1.19B | 135.00M | 137.00M | 359.00M |
| Receivables | 1.41B | 1.30B | 1.21B | 1.20B | 1.44B | 1.52B | 1.06B | 1.01B | 924.00M | 926.00M |
| Inventory | 189.00M | 188.00M | 190.00M | 192.00M | 208.00M | 223.00M | 123.00M | 99.00M | 95.00M | 82.00M |
| Total Current Assets | 2.38B | 2.39B | 2.37B | 1.90B | 2.74B | 3.06B | 2.49B | 1.39B | 1.31B | 1.53B |
| Property, Plant & Equipment | 2.20B | 2.11B | 1.82B | 1.77B | 1.71B | 1.63B | 1.45B | 1.29B | 1.15B | 1.03B |
| Goodwill | 8.95B | 8.86B | 7.73B | 7.22B | 7.09B | 6.87B | 6.62B | 6.56B | 6.33B | 6.00B |
| Intangible Assets | 1.64B | 1.76B | 1.17B | 1.09B | 1.17B | 1.17B | 1.12B | 1.21B | 1.12B | 949.00M |
| Total Assets | 16.23B | 16.15B | 14.02B | 12.84B | 13.61B | 14.03B | 12.84B | 11.00B | 10.50B | 10.10B |
| Accounts Payable | 307.00M | 287.00M | 378.00M | 324.00M | 357.00M | 446.00M | 263.00M | 222.00M | 224.00M | 231.00M |
| Short-Term Debt | 504.00M | 602.00M | 303.00M | 2.00M | 2.00M | 2.00M | 804.00M | 464.00M | 36.00M | 6.00M |
| Total Current Liabilities | 2.28B | 2.17B | 1.81B | 1.55B | 1.75B | 1.78B | 1.99B | 1.49B | 1.06B | 981.00M |
| Long-Term Debt | 5.17B | 5.62B | 4.41B | 3.98B | 4.01B | 4.01B | 3.97B | 3.43B | 3.75B | 3.73B |
| Total Liabilities | 9.02B | 9.34B | 7.68B | 6.91B | 7.13B | 7.22B | 7.16B | 5.74B | 5.55B | 5.44B |
| Shareholders' Equity | 7.17B | 6.78B | 6.31B | 5.89B | 6.44B | 6.76B | 5.64B | 5.22B | 4.92B | 4.63B |
| Retained Earnings | 9.99B | 9.36B | 8.82B | 8.29B | 7.65B | 9.30B | 8.17B | 7.60B | 7.14B | 6.61B |
| Total Debt | 5.67B | 6.22B | 4.71B | 3.98B | 4.01B | 4.01B | 4.77B | 3.89B | 3.78B | 3.73B |
| Net Cash (Debt) | -5.25B | -5.67B | -4.03B | -3.67B | -3.14B | -2.86B | -3.58B | -3.76B | -3.65B | -3.38B |
This table shows 10 annual periods of Quest Diagnostics's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow DGX's reporting calendar. What is a balance sheet?