Quest Diagnostics Incorporated (DGX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,380,000 | 1,330,000 | 1,342,000 | 1,320,000 | 1,306,000 | 1,130,000 | 1,180,000 | 1,220,000 | 1,428,000 | 1,829,000 | 2,089,000 | 2,234,000 | 2,381,000 | 2,640,000 | 2,706,000 | 2,456,000 | 1,971,000 | 1,539,000 | 1,134,000 | 1,158,000 |
| 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 |
| Operating profit margin | 13.98% | 13.94% | 14.36% | 14.21% | 14.12% | 12.15% | 12.44% | 12.70% | 14.45% | 17.77% | 19.74% | 20.92% | 22.07% | 23.90% | 24.47% | 23.76% | 20.89% | 18.41% | 15.06% | 15.12% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,380,000K ÷ $9,872,000K
= 13.98%
Quest Diagnostics Incorporated has shown fluctuations in its operating profit margin over the period from March 31, 2020, to December 31, 2024. The operating profit margin started at 15.12% in March 2020 and gradually increased to a peak of 24.47% in June 2021. However, after reaching this peak, the operating profit margin started to decline, reaching a low of 12.15% in September 2023.
From there, the operating profit margin recovered slightly before stabilizing around the range of 13.94% to 14.36% from June 2024 to September 2024. Overall, the trend indicates some volatility in the operating profit margin performance of Quest Diagnostics Incorporated, with periods of both growth and contraction. It would be important for stakeholders to monitor the company's operational efficiency and cost management strategies to ensure sustainable profitability in the future.
Peer comparison
Dec 31, 2024