Quest Diagnostics Incorporated (DGX) — Capital Reinvestment Ratio
Quest Diagnostics Incorporated (DGX) has a Capital Reinvestment Ratio of 0.29x as of June 2026, meaning it reinvests 0% of its operating cash flow ($468.00 Million) in capital expenditures ($138.00 Million). Check DGX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Quest Diagnostics Incorporated Capital Reinvestment Ratio (1997–2025)
This chart tracks Quest Diagnostics Incorporated's Capital Reinvestment Ratio across 29 annual periods. For the full cash flow conversion analysis, see DGX cash generation efficiency.
Annual Capital Reinvestment Ratio for Quest Diagnostics Incorporated (1997–2025)
Year-by-year Capital Reinvestment Ratio for Quest Diagnostics Incorporated from 1997 to 2025. See DGX free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.28x | $1.89 Billion | $527.00 Million | ▼ -12.3% |
| 2024 | 0.32x | $1.33 Billion | $425.00 Million | ▼ -0.7% |
| 2023 | 0.32x | $1.27 Billion | $408.00 Million | ▲ +36.4% |
| 2022 | 0.24x | $1.72 Billion | $404.00 Million | ▲ +30.3% |
| 2021 | 0.18x | $2.23 Billion | $403.00 Million | ▼ -13.4% |
| 2020 | 0.21x | $2.00 Billion | $418.00 Million | ▼ -35.2% |
| 2019 | 0.32x | $1.24 Billion | $400.00 Million | ▲ +0.8% |
| 2018 | 0.32x | $1.20 Billion | $383.00 Million | ▲ +48.8% |
| 2017 | 0.21x | $1.18 Billion | $252.00 Million | ▼ -21.8% |
| 2016 | 0.27x | $1.07 Billion | $293.00 Million | ▼ -15.6% |
| 2015 | 0.32x | $810.00 Million | $263.00 Million | ▼ -1.1% |
| 2014 | 0.33x | $938.00 Million | $308.00 Million | ▼ -7.3% |
| 2013 | 0.35x | $652.00 Million | $231.00 Million | ▲ +130.8% |
| 2012 | 0.15x | $1.19 Billion | $182.20 Million | ▼ -14.9% |
| 2011 | 0.18x | $895.50 Million | $161.50 Million | ▼ -1.8% |
| 2010 | 0.18x | $1.12 Billion | $205.40 Million | ▲ +9.8% |
| 2009 | 0.17x | $997.40 Million | $166.90 Million | ▼ -16.4% |
| 2008 | 0.20x | $1.06 Billion | $212.70 Million | ▼ -15.4% |
| 2007 | 0.24x | $926.92 Million | $219.10 Million | ▲ +16.3% |
| 2006 | 0.20x | $951.90 Million | $193.42 Million | ▼ -22.8% |
| 2005 | 0.26x | $851.58 Million | $224.27 Million | ▲ +19.4% |
| 2004 | 0.22x | $798.78 Million | $176.12 Million | ▼ -16.3% |
| 2003 | 0.26x | $662.80 Million | $174.64 Million | ▲ +1.3% |
| 2002 | 0.26x | $596.37 Million | $155.20 Million | ▼ -18.6% |
| 2001 | 0.32x | $465.80 Million | $148.99 Million | ▲ +1.5% |
| 2000 | 0.32x | $369.45 Million | $116.45 Million | ▼ -92.9% |
| 1999 | 4.41x | $249.50 Million | $1.10 Billion | ▲ +1440.7% |
| 1998 | 0.29x | $141.40 Million | $40.50 Million | ▲ +7.9% |
| 1997 | 0.27x | $176.30 Million | $46.80 Million | — |