Quest Diagnostics
OverviewSuggest Edit
Quest Diagnostics is a company providing diagnostic testing, information, and services. It offers diagnostic testing services through its network of laboratories and patient service centers, interpretive consultation through its medical and scientific staff, cancer diagnostics, and anatomic pathology services. The company serves patients, healthcare providers, pharmaceutical medical device companies, life insurance companies, and employers.
| Type | Public | |
| Founded | 1967 | |
| HQ | Secaucus, NJ, US | Map |
| Website | questdiagnostics.com | |
| Employee Ratings | More | |
| Overall Culture | C+ | More |
Recent NewsAll News
- Quest Diagnostics Reports First Quarter 2021 Financial Results; Announces Plan for $1.5 Billion Accelerated Share Repurchase
- Quest Diagnostics to buy back $900 million of its own shares in first half
- Quest Diagnostics Updates Strategic Growth Drivers and Provides Long-Term Outlook at 2021 Virtual Investor Day
- Quest Diagnostics Introduces New COVID-19 Semi-quantitative Serology Test Service
Key People/Management at Quest Diagnostics
Tim Sharpe
Shawn Bevec
Stephen H. Rusckowski
Mark J. Guinan
Cecilia McKenney
Gabrielle Wolfson
Quest Diagnostics Office Locations
Quest Diagnostics Financials and Metrics
Quest Diagnostics Revenue
| USD | |
|---|---|
Revenue (FY, 2020) | 9.4b |
Revenue growth (FY, 2019 - FY, 2020), % | 22.1% |
Gross profit (FY, 2020) | 3.6b |
Gross profit margin (FY, 2020), % | 38.5% |
Net income (FY, 2020) | 1.5b |
EBIT (FY, 2020) | 2.0b |
Market capitalization (23-Apr-2021) | 16.7b |
Closing stock price (23-Apr-2021) | 131.2 |
Cash (31-Dec-2020) | 1.2b |
EV | 20.2b |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 124.0m | 132.0m | 263.0m | 464.0m | 273.0m | 434.0m | 342.0m | 988.0m | 1.6b |
Accounts Receivable | 1.0b | 1.1b | 1.1b | 1.1b | 1.1b | 1.1b | 972.0m | 1.1b | 1.4b |
Prepaid Expenses | 127.0m | 137.0m | 148.0m | 137.0m | 100.0m | 116.0m | 120.0m | 112.0m | 117.0m |
Inventories | 94.0m | 91.0m | 95.0m | 98.0m | 105.0m | 112.0m | 126.0m | 154.0m | 205.0m |
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 189.0m | 422.0m | 649.0m | 164.0m | 415.0m | 641.0m | 106.0m | 299.0m | 890.0m |
Depreciation and Amortization | 74.0m | 151.0m | 228.0m | 108.0m | 165.0m | 247.0m | 85.0m | 174.0m | 263.0m |
Accounts Payable | (68.0m) | (64.0m) | 51.0m | 32.0m | 27.0m | 80.0m | (47.0m) | 42.0m | 514.0m |
Cash From Operating Activities | 180.0m | 503.0m | 905.0m | 275.0m | 596.0m | 895.0m | 247.0m | 602.0m | 1.5b |
| USD | Q1, 2018 |
|---|---|
EV/EBIT | 64.3 x |
EV/CFO | 97.1 x |
EV/FCF | 163.3 x |
Debt/Equity | 0.8 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.1 x |
P/E Ratio | 78.6 |
Quest Diagnostics Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| MACL | June 24, 2020 | |
| Blueprint Genetics | January 22, 2020 | |
| PhenoPath Laboratories | September 27, 2018 | |
| ReproSource | September 24, 2018 | |
| California Laboratory Associates | October 30, 2017 | |
| Cleveland HeartLab | October 18, 2017 | |
| Cape Cod Healthcare - Business | June 28, 2017 | |
| ClearPoint Diagnostic | June 12, 2017 | |
| Med fusion | June 12, 2017 | |
| PeaceHealth Laboratories | February 15, 2017 |
Quest Diagnostics Revenue Breakdown
Quest Diagnostics revenue breakdown by business segment: 96.8% from Diagnostic Information Services and 3.2% from Other
Human Capital Metrics
Quest Diagnostics Cybersecurity Score
Quest Diagnostics Environment, Social & Governance (ESG) Ratings
Quest Diagnostics Online and Social Media Presence
11.62k Twitter followers
Quest Diagnostics has 11.62k Twitter Followers. The number of followers has increased 0.6% month over month and increased 1.2% quarter over quarter
Quest Diagnostics's Trends
Twitter Engagement Stats for @QuestDX
10.1k
Tweets
605
Following
11.6k
Followers
66
Tweets last 30 days
1.3
Avg. likes per Tweet
42.4%
Tweets with engagement
Quest Diagnostics Company Culture
Overall Culture
C+
65/100
CEO Rating
C+
67/100
Compensation
C+
64/100
Diversity
B
71/100
Quest Diagnostics News and Updates
Quest Diagnostics Reports First Quarter 2021 Financial Results; Announces Plan for $1.5 Billion Accelerated Share Repurchase
Quest Diagnostics to buy back $900 million of its own shares in first half
Quest Diagnostics Updates Strategic Growth Drivers and Provides Long-Term Outlook at 2021 Virtual Investor Day
Quest Diagnostics Introduces New COVID-19 Semi-quantitative Serology Test Service
EmblemHealth and Quest Diagnostics Renew Long-Standing Strategic Relationship
Quest Diagnostics increases quarterly dividend, boosts share buyback by $1 billion
Quest Diagnostics Blogs
Ginkgo Bioworks Teams with Quest Diagnostics to Provide COVID-19 Testing for K-12 Schools Nationwide
Quest Diagnostics and Blueprint Genetics to Present New Insights from Genetic Testing at the 2021 Annual American College of Medical Genetics and Genomics Annual Clinical Genetics Meeting
Quest Diagnostics Frequently Asked Questions
When was Quest Diagnostics founded?
Quest Diagnostics was founded in 1967.
Who are Quest Diagnostics key executives?
Quest Diagnostics's key executives are Tim Sharpe, Shawn Bevec and Stephen H. Rusckowski.
How many employees does Quest Diagnostics have?
Quest Diagnostics has 40,000 employees.
What is Quest Diagnostics revenue?
Latest Quest Diagnostics annual revenue is $9.4 b.
What is Quest Diagnostics revenue per employee?
Latest Quest Diagnostics revenue per employee is $235.9 k.
Who are Quest Diagnostics competitors?
Competitors of Quest Diagnostics include Invitae, Sonic Healthcare and Abbott.
Where is Quest Diagnostics headquarters?
Quest Diagnostics headquarters is located at 500 Plaza Dr, Secaucus.
Where are Quest Diagnostics offices?
Quest Diagnostics has offices in Secaucus, Santana De Parnaiba, Dublin and Ciudad de México.
How many offices does Quest Diagnostics have?
Quest Diagnostics has 5 offices.
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