QUEST DIAGNOSTICS INC (DGX) closed fiscal year 2025 with a gross margin of 33.2 % and a net margin of 9.0 %.
QUEST DIAGNOSTICS INC (DGX) closed fiscal year 2025 with a gross margin of 33.2 % and a net margin of 9.0 %. The same year shows an EBITDA margin of 19.3 % and an EBIT margin of 14.1 %. The free cash flow margin was 12.3 %. Against the previous year the gross margin moved +0.4 pp and the net margin +0.2 pp. Across the period the gross margin ranges between 32.9 % in 2024 and 42.0 % in 2009. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 40.79 % | 41.29 % | 42.03 % | 42.03 % | 40.98 % | 40.88 % | 39.46 % | 37.63 % | 37.85 % | 40.19 % | 36.25 % | 34.59 % | 34.80 % | 38.50 % | 39.02 % | 34.74 % | 33.00 % | 32.86 % | 33.21 % |
| EBITDA margin (%) | 19.82 % | 20.51 % | 21.67 % | 21.18 % | 17.15 % | 20.15 % | 24.60 % | 17.44 % | 22.73 % | 21.15 % | 19.39 % | 18.72 % | 20.19 % | 24.71 % | 25.85 % | 18.87 % | 18.39 % | 18.63 % | 19.27 % |
| EBIT margin (%) | 16.28 % | 16.86 % | 18.23 % | 17.68 % | 13.35 % | 16.27 % | 20.64 % | 13.22 % | 18.67 % | 17.70 % | 15.74 % | 14.62 % | 15.93 % | 20.89 % | 22.07 % | 14.45 % | 13.64 % | 13.63 % | 14.10 % |
| Net margin (%) | 5.07 % | 8.02 % | 9.78 % | 9.93 % | 6.37 % | 7.53 % | 11.88 % | 7.48 % | 9.46 % | 8.94 % | 10.43 % | 9.77 % | 11.11 % | 15.16 % | 18.49 % | 9.57 % | 9.23 % | 8.82 % | 8.99 % |
| FCF margin (%) | 10.56 % | 11.73 % | 11.14 % | 12.57 % | 9.93 % | 13.61 % | 5.89 % | 8.55 % | 7.45 % | 11.41 % | 12.47 % | 10.85 % | 10.91 % | 16.82 % | 16.96 % | 13.30 % | 9.34 % | 9.21 % | 12.32 % |
