Quest Diagnostics Incorporated (DGX)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 871,000 | 841,000 | 840,000 | 846,000 | 854,000 | 763,000 | 792,000 | 790,000 | 942,000 | 1,230,000 | 1,479,000 | 1,874,000 | 1,988,000 | 2,175,000 | 2,238,000 | 1,794,000 | 1,425,000 | 1,102,000 | 750,000 | 772,000 |
| Revenue (ttm) | US$ in thousands | 9,872,000 | 9,539,000 | 9,346,000 | 9,287,000 | 9,252,000 | 9,297,000 | 9,488,000 | 9,603,000 | 9,883,000 | 10,294,000 | 10,582,000 | 10,679,000 | 10,788,000 | 11,046,000 | 11,058,000 | 10,335,000 | 9,437,000 | 8,361,000 | 7,531,000 | 7,657,000 |
| Net profit margin | 8.82% | 8.82% | 8.99% | 9.11% | 9.23% | 8.21% | 8.35% | 8.23% | 9.53% | 11.95% | 13.98% | 17.55% | 18.43% | 19.69% | 20.24% | 17.36% | 15.10% | 13.18% | 9.96% | 10.08% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $871,000K ÷ $9,872,000K
= 8.82%
Quest Diagnostics Incorporated's net profit margin has displayed some fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at 10.08% in March 2020, gradually increased to a peak of 20.24% in June 2021, and then began to decline. As of December 31, 2024, the net profit margin stands at 8.82%.
The trends in the net profit margin indicate that Quest Diagnostics has shown an ability to generate a respectable level of profit relative to its revenue. However, the company experienced some challenges in maintaining higher levels of profitability in more recent periods, as evidenced by the downward trend in the net profit margin from June 2022 onwards.
It is essential for Quest Diagnostics to closely monitor and manage its costs, revenues, and overall business performance to sustain its profitability and ensure long-term financial health. Analyzing the factors influencing the net profit margin, such as operating expenses, revenues, and efficiency in operations, can help the company make informed decisions to improve its financial performance.
Peer comparison
Dec 31, 2024