Quest Operating Income from 2010 to 2024

DGX Stock  USD 162.66  0.66  0.40%   
Quest Diagnostics Operating Income yearly trend continues to be fairly stable with very little volatility. Operating Income will likely drop to about 1.1 B in 2024. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Quest Diagnostics Incorporated generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1996-09-30
Previous Quarter
370 M
Current Value
330 M
Quarterly Volatility
170 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Operating Income Growth Pattern

Below is the plot of the Operating Income of Quest Diagnostics Incorporated over the last few years. Operating Income is the amount of profit realized from Quest Diagnostics operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Quest Diagnostics Incorporated is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Quest Diagnostics' Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Quest Operating Income Regression Statistics

Arithmetic Mean1,223,640,710
Coefficient Of Variation51.30
Mean Deviation351,316,576
Median1,231,000,000
Standard Deviation627,709,843
Sample Variance394019.6T
Range3B
R-Value0.52
Mean Square Error307376.6T
R-Squared0.28
Significance0.04
Slope73,688,038
Total Sum of Squares5516275.1T

Quest Operating Income History

20241.1 B
20231.3 B
20221.4 B
20212.4 B
2020B
20191.2 B
20181.1 B

Other Fundumenentals of Quest Diagnostics

Quest Diagnostics Operating Income component correlations

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0.860.880.750.640.820.830.730.30.690.850.850.750.88-0.91-0.470.370.80.620.41-0.270.380.70.45-0.38
0.670.710.410.640.810.630.840.10.280.50.540.660.55-0.44-0.620.730.750.340.13-0.50.580.770.85-0.21
0.940.950.750.820.810.910.930.290.680.850.850.610.87-0.7-0.430.490.740.320.22-0.440.510.630.690.0
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0.270.330.150.410.130.220.20.220.060.150.340.29-0.070.22-0.61-0.190.440.240.74-0.180.290.090.110.12
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0.390.40.10.380.580.510.380.750.430.040.240.250.310.21-0.28-0.450.730.410.390.290.040.660.81-0.08
0.560.570.330.70.770.630.530.750.350.160.450.430.870.47-0.42-0.640.630.810.520.09-0.060.660.74-0.61
0.480.510.130.450.850.690.440.810.080.090.30.340.520.31-0.23-0.480.750.570.290.11-0.390.810.74-0.2
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About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Operating Income, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Operating Income1.3 B1.1 B
Non Operating Income Net Other-12.7 M-12 M

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Additional Tools for Quest Stock Analysis

When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.