Fiscal period | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
Period End Date | 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 |
Revenues | 9,872.00 | 9,252.00 | 9,883.00 | 10,788.00 | 9,437.00 | 7,726.00 | 7,531.00 | 7,709.00 | 7,515.00 | 7,493.00 |
Total Revenues | 9,872.00 | 9,252.00 | 9,883.00 | 10,788.00 | 9,437.00 | 7,726.00 | 7,531.00 | 7,709.00 | 7,515.00 | 7,493.00 |
Cost of Services | 6,628.00 | 6,199.00 | 6,450.00 | 6,579.00 | 5,804.00 | 5,037.00 | 4,926.00 | 4,719.00 | 4,616.00 | 4,657.00 |
Gross Profit | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2,836.00 |
Amortization of goodwill and other intangible assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Amortization of intangible assets | 127.00 | 108.00 | 120.00 | 103.00 | 103.00 | 96.00 | 90.00 | 74.00 | 72.00 | 81.00 |
Selling, general and administrative | 1,770.00 | 1,642.00 | 1,874.00 | 1,727.00 | 1,550.00 | 1,457.00 | 1,424.00 | 1,750.00 | 1,681.00 | 1,679.00 |
Provisions for restructuring and other special charges | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other operating income (expense) net | (1.00) | (41.00) | (11.00) | 2.00 | (9.00) | 95.00 | 14.00 | (1.00) | 13.00 | (11.00) |
Gain on sale of royalty rights | -- | -- | -- | -- | -- | -- | -- | -- | 118.00 | -- |
Gain on contribution of business to joint venture | -- | -- | -- | -- | -- | -- | (4.00) | -- | -- | 334.00 |
Total Operating Expense | 8,526.00 | 7,990.00 | 8,455.00 | 8,407.00 | 7,466.00 | 6,495.00 | 6,430.00 | 6,544.00 | 6,238.00 | 6,094.00 |
Operating (loss) income | 1,346.00 | 1,262.00 | 1,428.00 | 2,381.00 | 1,971.00 | 1,231.00 | 1,101.00 | 1,165.00 | 1,277.00 | 1,399.00 |
Interest expense, net | 201.00 | 152.00 | 138.00 | 151.00 | 163.00 | 175.00 | 167.00 | 151.00 | 143.00 | 153.00 |
Equity earnings in unconsolidated joint ventures | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Minority share of income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Other income (expense), net | 30.00 | 20.00 | (55.00) | 369.00 | 76.00 | 20.00 | (8.00) | 16.00 | (48.00) | (143.00) |
Total non-operating expenses, net | (171.00) | (132.00) | (193.00) | 218.00 | (87.00) | (155.00) | (175.00) | (135.00) | (191.00) | (296.00) |
Income from continuing operations before taxes | 1,175.00 | 1,130.00 | 1,235.00 | 2,599.00 | 1,884.00 | 1,076.00 | 926.00 | 1,030.00 | 1,086.00 | 1,103.00 |
Current- Foreign | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred- Foreign | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred:Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Income tax expense (benefit) | 273.00 | 248.00 | 264.00 | 597.00 | 460.00 | 247.00 | 182.00 | 241.00 | 429.00 | 373.00 |
Current:State and local | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Deferred:State and local | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Current-Federal | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Equity in earnings of equity method investees, net of taxes | 19.00 | 26.00 | 44.00 | 78.00 | 75.00 | 57.00 | 44.00 | 35.00 | 39.00 | 23.00 |
Income from Continuing Operations | 921.00 | -- | -- | 2,080.00 | 1,499.00 | 886.00 | -- | -- | 696.00 | 753.00 |
Loss from discontinued operations, net of taxes | -- | -- | -- | -- | -- | 20.00 | -- | -- | -- | -- |
Extraordinary loss, net of taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Consolidated Net Income (Loss) | 921.00 | 908.00 | 1,015.00 | 2,080.00 | 1,499.00 | 906.00 | 788.00 | 824.00 | 696.00 | 753.00 |
Less: Net income attributable to noncontrolling interests | 50.00 | 54.00 | 69.00 | 85.00 | 68.00 | 48.00 | 52.00 | 52.00 | 51.00 | 44.00 |
Less: Earnings allocated to participating securities | 5.00 | 4.00 | 4.00 | -- | -- | -- | 3.00 | 3.00 | -- | -- |
Net income attributable to Quest Diagnostics | 866.00 | 850.00 | 942.00 | 1,995.00 | 1,431.00 | 858.00 | 733.00 | 769.00 | 645.00 | 709.00 |
Continuing Operations- (Basic) | -- | -- | -- | 15.85 | 10.62 | 6.21 | -- | -- | 4.58 | 4.92 |
EPS (Basic) : Disc Ops | -- | -- | -- | -- | -- | 0.15 | -- | -- | -- | -- |
Extraordinary loss, net of taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Basic) | 7.78 | 7.59 | 8.10 | 15.85 | 10.62 | 6.36 | 5.39 | 5.63 | 4.58 | 4.92 |
Continuing Operations- (Diluted) | -- | -- | -- | 15.55 | 10.47 | 6.13 | -- | -- | 4.51 | 4.87 |
EPS (Diluted) : Disc Ops | -- | -- | -- | -- | -- | 0.15 | -- | -- | -- | -- |
Extraordinary loss, net of taxes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Earnings Per Share (Diluted) | 7.69 | 7.49 | 7.97 | 15.55 | 10.47 | 6.28 | 5.29 | 5.50 | 4.51 | 4.87 |
Weighted Average Shares Outstanding (Basic) | 111.00 | 112.00 | 116.00 | 125.00 | 134.00 | 134.00 | 136.00 | 137.00 | 140.00 | 144.00 |
Weighted Average Shares Outstanding (Diluted) | 113.00 | 113.00 | 118.00 | 128.00 | 136.00 | 136.00 | 139.00 | 140.00 | 142.00 | 145.00 |