Quest Income Statement Research
| DGX Stock | USD 130.09 1.65 1.28% |
Quest |
Most accounts from Quest Diagnostics' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Quest Diagnostics current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Quest Diagnostics Valuation and Quest Diagnostics Correlation analysis. At this time, Quest Diagnostics' EBITDA is fairly stable compared to the past year. Selling And Marketing Expenses is likely to rise to about 18.8 K in 2024, whereas Depreciation And Amortization is likely to drop slightly above 280.4 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 4.2B | 3.4B | 3.1B | 2.7B | Total Revenue | 10.8B | 9.9B | 9.3B | 6.9B |
Quest Diagnostics income statement Correlations
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Quest Diagnostics Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Quest Diagnostics income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 167M | 175M | 163M | 138M | 152M | 99.3M | |
| Total Revenue | 7.7B | 9.4B | 10.8B | 9.9B | 9.3B | 6.9B | |
| Gross Profit | 2.7B | 3.6B | 4.2B | 3.4B | 3.1B | 2.7B | |
| Operating Income | 1.2B | 2.0B | 2.4B | 1.4B | 1.3B | 1.1B | |
| Ebit | 1.2B | 2.0B | 2.4B | 1.4B | 1.3B | 1.1B | |
| Ebitda | 1.6B | 2.4B | 3.2B | 1.8B | 1.3B | 1.3B | |
| Cost Of Revenue | 5.0B | 5.8B | 6.6B | 6.5B | 6.2B | 4.2B | |
| Income Before Tax | 1.1B | 1.9B | 2.6B | 1.2B | 1.1B | 962.5M | |
| Net Income | 858M | 1.4B | 2.0B | 946M | 854M | 619.9M | |
| Income Tax Expense | 247M | 460M | 597M | 264M | (248M) | (235.6M) | |
| Minority Interest | 48M | 68M | (85M) | (69M) | (56M) | (53.2M) | |
| Tax Provision | 247M | 460M | 597M | 264M | 204M | 266.4M | |
| Interest Income | 5M | 163M | 151M | 138M | 9M | 8.6M | |
| Net Interest Income | (167M) | (175M) | (163M) | (138M) | (144M) | (151.2M) |
When determining whether Quest Diagnostics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Quest Diagnostics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Quest Diagnostics Incorporated Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Quest Diagnostics Incorporated Stock:
Check out Quest Diagnostics Valuation and Quest Diagnostics Correlation analysis. 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 Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
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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.