Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Quest Diagnostics Incorporated (DGX) had Return on Tangible Equity of -8.33% for the most recently reported fiscal quarter, ending 2026-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2026-03-31

Income Statement Financials
Revenue	$2.90B
Net Income	$252.00M
Cost of Goods Sold	$1.95B
Gross Profit	$942.00M
Operating Expenses	$2.50B
Operating Income	$399.00M
Non-Operating Income/Expense	$-65.00M
Pre-Tax Income	$334.00M
Normalized Pre-Tax Income	$334.00M
Income after Taxes	$260.00M
Income from Continuous Operations	$264.00M
Consolidated Net Income/Loss	$264.00M
Normalized Income after Taxes	$260.00M
EBIT	$399.00M
EBITDA	$546.00M
Weighted-Average Shares Outstanding (Basic)	110.00M
Weighted-Average Shares Outstanding (Diluted)	112.00M
Earnings per Share (EPS) (Basic)	$2.27
Earnings per Share (EPS) (Diluted)	$2.24
Balance Sheet Financials
Current Assets	$2.57B
Property, Plant, and Equipment	$2.19B
Long-Term Assets	$14.11B
Total Assets	$16.67B
Current Liabilities	$2.18B
Long-Term Debt	$5.16B
Long-Term Liabilities	$6.83B
Total Liabilities	$9.01B
Common Equity	$7.67B
Tangible Shareholders Equity	$-3.17B
Shareholders Equity	$7.67B
Common Shares Outstanding	111.00M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$278.00M
Cash Flow from Investing Activities	$-152.00M
Cash Flow from Financial Activities	$-152.00M
Beginning Cash	$420.00M
End Cash	$393.00M
Increase/Decrease in Cash	$-27.00M
Stock-Based Compensation	$20.00M
Common Stock Dividends Paid	$-88.00M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.18
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.40
Debt to Equity Ratio	0.74
Gross Margin	32.54%
Operating Margin	13.78%
EBIT Margin	13.78%
EBITDA Margin	--
Pre-Tax Profit Margin	11.54%
Profit Margin	8.70%
Free Cash Flow	$164.00M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.17
Inventory Turnover	8.68
Receiveable Turnover	1.82
Days Sales in Receivables	49.34
Return on Equity	3.44%
Return on Tangible Equity	-8.33%
Return on Assets	1.58%
Return on Investments	2.06%
Book Value Per Share	$69.06
Free Cash Flow per Share	$1.46
Operating Cash Flow per Share	$2.48

Data from Zacks Investment Research, Inc.