Quest Diagnostics Incorporated (DGX) — Tangible Net Worth Ratio

Latest as of March 2026: 77.6%

Quest Diagnostics Incorporated (DGX) has a Tangible Net Worth Ratio of 77.6% as of March 2026. This metric is calculated by deducting intangible assets ($1.72 Billion) from net assets ($7.67 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital position of Quest Diagnostics Incorporated to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

77.6%
Tangible equity / total equity

Net Assets (Equity)

$7.67 Billion
USD

Intangible Assets

$1.72 Billion
Goodwill, patents, brand value

Total Assets

$16.67 Billion
USD

Quest Diagnostics Incorporated Tangible Net Worth Ratio (1996–2025)

This chart shows how Quest Diagnostics Incorporated's Tangible Net Worth Ratio has changed across 30 annual periods from 1996 to 2025. As of March 2026, the ratio stands at 77.6%, reflecting net assets of $7.67 Billion with intangible assets of $1.72 Billion USD. See Quest Diagnostics Incorporated liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Tangible Net Worth Ratio for Quest Diagnostics Incorporated (1996–2025)

The table below presents the year-by-year Tangible Net Worth Ratio for Quest Diagnostics Incorporated from 1996 to 2025, covering 30 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see DGX stock market capitalisation.

Year Tangible NW Ratio Net Assets (USD) Intangible Assets Total Assets Change (pp)
2025 77.5% $7.29 Billion $1.64 Billion $16.23 Billion ▲ +3.1 pp
2024 74.4% $6.90 Billion $1.76 Billion $16.15 Billion ▼ -7.4 pp
2023 81.8% $6.42 Billion $1.17 Billion $14.02 Billion ▲ +0.0 pp
2022 81.8% $6.01 Billion $1.09 Billion $12.84 Billion ▼ -0.4 pp
2021 82.2% $6.56 Billion $1.17 Billion $13.61 Billion ▼ -0.8 pp
2020 83.1% $6.89 Billion $1.17 Billion $14.03 Billion ▲ +2.5 pp
2019 80.5% $5.76 Billion $1.12 Billion $12.84 Billion ▲ +3.1 pp
2018 77.4% $5.34 Billion $1.21 Billion $11.00 Billion ▼ -0.4 pp
2017 77.8% $5.04 Billion $1.12 Billion $10.50 Billion ▼ -2.2 pp
2016 80.0% $4.74 Billion $949.00 Million $10.10 Billion ▲ +0.5 pp
2015 79.4% $4.78 Billion $984.00 Million $9.96 Billion ▲ +4.2 pp
2014 75.3% $4.33 Billion $1.07 Billion $9.88 Billion ▼ -2.2 pp
2013 77.4% $3.97 Billion $896.00 Million $8.95 Billion ▼ -1.7 pp
2012 79.2% $4.19 Billion $872.20 Million $9.28 Billion ▲ +7.0 pp
2011 72.1% $3.71 Billion $1.04 Billion $9.31 Billion ▼ -8.2 pp
2010 80.4% $4.05 Billion $796.40 Million $8.53 Billion ▲ +0.9 pp
2009 79.5% $4.01 Billion $823.70 Million $8.56 Billion ▲ +2.4 pp
2008 77.0% $3.60 Billion $827.40 Million $8.40 Billion ▲ +3.7 pp
2007 73.3% $3.32 Billion $886.73 Million $8.57 Billion ▼ -20.3 pp
2006 93.6% $3.02 Billion $193.35 Million $5.66 Billion ▼ -1.1 pp
2005 94.7% $2.76 Billion $147.38 Million $5.31 Billion ▲ +104.7 pp
2004 -10.0% $2.29 Billion $2.52 Billion $4.20 Billion ▼ -4.1 pp
2003 -5.9% $2.39 Billion $2.54 Billion $4.30 Billion ▼ -3.5 pp
2002 -2.4% $1.77 Billion $1.81 Billion $3.32 Billion ▲ +0.9 pp
2001 -3.2% $1.34 Billion $1.38 Billion $2.93 Billion ▲ +19.0 pp
2000 -22.3% $1.03 Billion $1.26 Billion $2.86 Billion ▲ +44.1 pp
1999 -66.4% $863.10 Million $1.44 Billion $2.88 Billion ▼ -79.3 pp
1998 12.9% $567.90 Million $494.70 Million $1.36 Billion ▲ +7.7 pp
1997 5.2% $541.70 Million $513.80 Million $1.40 Billion ▼ -39.6 pp
1996 44.7% $538.72 Million $297.74 Million $1.40 Billion
pp = percentage points