Quest Diagnostics (DGX) Financial Forecast Calculator
Interactive 5-year forecast and DCF for Quest Diagnostics. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Quest Diagnostics’s most recent SEC filings.
Assumptions
Need this as an Excel model?
Keep iterating on the Quest Diagnostics forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.
Other Healthcare forecasts
Run the same calculator on a peer.
Frequently asked
What services does Quest Diagnostics provide?+
Quest Diagnostics is a leading provider of diagnostic information services, offering clinical testing that ranges from routine blood work to complex genetic and oncology diagnostics. The company operates a massive hub-and-spoke laboratory network across the United States and Canada, processing millions of test requisitions annually.
How does Quest Diagnostics generate its revenue?+
Quest Diagnostics primarily generates revenue through its Diagnostic Information Services (DIS) segment, which accounts for over 95% of consolidated net revenues by providing clinical testing services. A smaller portion comes from Diagnostic Solutions (DS), including risk assessment services for life insurance companies and healthcare IT solutions.
What are Quest Diagnostics' typical capital expenditure needs?+
Quest Diagnostics' capital expenditure typically ranges from 3.5% to 4.5% of revenue. Roughly 60% of this capex is for maintenance, such as replacing lab equipment and IT upgrades, while 40% is allocated to growth initiatives like Project Nova and new facility build-outs.
What are the key assets on Quest Diagnostics' balance sheet?+
Quest Diagnostics' balance sheet features total assets of approximately $13 billion to $14 billion, with key categories including property, plant and equipment (laboratories), accounts receivable, and a substantial goodwill balance. Goodwill and intangibles represent over 50% of total assets, reflecting decades of industry consolidation and recent large deals.
What is the purpose of the downloadable Quest Diagnostics financial model?+
The downloadable Excel model provides a comprehensive equity valuation and scenario analysis platform for equity research analysts. It allows users to forecast Quest Diagnostics' core testing volumes, evaluate the accretive impact of recent acquisitions like LifeLabs, and determine a fair value per share.
How does Quest Diagnostics' business model benefit from scale?+
Quest Diagnostics operates an asset-heavy laboratory network with high fixed costs, which creates significant operating leverage. This means that incremental testing volumes drive margin expansion, leveraging their extensive hub-and-spoke network across the US and Canada. The company holds significant scale advantages as a duopoly in the US independent lab market.
Have more financial modelling questions? Contact us
