Quest Operating Income from 2010 to 2024
| DGX Stock | USD 136.70 6.61 5.08% |
Operating Income | First Reported 1996-09-30 | Previous Quarter 342 M | Current Value 311 M | Quarterly Volatility 171.7 M |
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest main balance sheet or income statement drivers, such as Depreciation And Amortization of 280.4 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
Quest | Operating Income |
Latest Quest Diagnostics' Operating Income Growth Pattern
Below is the plot of the Operating Income of Quest Diagnostics Incorporated over the last few years. Operating Income is the amount of profit realized from Quest Diagnostics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Quest Diagnostics Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Quest Diagnostics' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Quest Operating Income Regression Statistics
| Arithmetic Mean | 1,223,640,710 | |
| Coefficient Of Variation | 51.30 | |
| Mean Deviation | 351,316,576 | |
| Median | 1,231,000,000 | |
| Standard Deviation | 627,709,843 | |
| Sample Variance | 394019.6T | |
| Range | 3B | |
| R-Value | 0.52 | |
| Mean Square Error | 307376.6T | |
| R-Squared | 0.28 | |
| Significance | 0.04 | |
| Slope | 73,688,038 | |
| Total Sum of Squares | 5516275.1T |
Quest Operating Income History
Other Fundumenentals of Quest Diagnostics
Quest Diagnostics Operating Income component correlations
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About Quest Diagnostics Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Quest Diagnostics income statement, its balance sheet, and the statement of cash flows. Quest Diagnostics investors use historical funamental indicators, such as Quest Diagnostics's Operating Income, to determine how well the company is positioned to perform in the future. Although Quest Diagnostics investors may use each financial statement separately, they are all related. The changes in Quest Diagnostics's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Quest Diagnostics's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Quest Diagnostics Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Operating Income | 1.3 B | 1.1 B | |
| Non Operating Income Net Other | -12.7 M | -12 M |
Check out the analysis of Quest Diagnostics Correlation against competitors. Note that the Quest Diagnostics information on this page should be used as a complementary analysis to other Quest Diagnostics' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Quest Stock analysis
When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.
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Is Quest Diagnostics' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Quest Diagnostics. If investors know Quest will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Quest Diagnostics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.868 | Dividend Share 2.84 | Earnings Share 7.49 | Revenue Per Share 82.607 | Quarterly Revenue Growth (0.02) |
The market value of Quest Diagnostics is measured differently than its book value, which is the value of Quest that is recorded on the company's balance sheet. Investors also form their own opinion of Quest Diagnostics' value that differs from its market value or its book value, called intrinsic value, which is Quest Diagnostics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Quest Diagnostics' market value can be influenced by many factors that don't directly affect Quest Diagnostics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Quest Diagnostics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Quest Diagnostics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Quest Diagnostics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.