Quest Diagnostics Incorporated logo
DGXQuest Diagnostics Incorporated

Is the EV/FCF ratio high or low?

The EV/FCF ratio of 22.39x is 14% above its 5-year average of 19.68x, around the middle of its 5-year range (9.98x–35.18x).

As of Friday, June 26, 2026. 7.63% above its 12-month average of 20.80x.

DGX EV/FCF Ratio

DGX EV/FCF Ratio Chart

22.39x
-11.01% 1Y
DGX EV/FCF Ratio

DGX Average EV/FCF Ratio Chart

DGX EV/FCF Ratio

DGX Current vs Average EV/FCF Ratio Chart

DGX EV/FCF Ratio Metrics

EV/FCF RATIO

22.39x

EV/FCF RATIO AVG TTM

20.80x

EV/FCF RATIO AVG 3Y

22.68x

EV/FCF RATIO AVG 5Y

19.68x

EV/FCF RATIO AVG 10Y

19.58x

EV/FCF RATIO AVG 15Y

19.89x

EV/FCF RATIO AVG 20Y

18.92x

CURRENT VS TTM AVG

+7.63%

CURRENT VS 3Y AVG

-1.29%

CURRENT VS 5Y AVG

+13.76%

CURRENT VS 10Y AVG

+14.34%

CURRENT VS 15Y AVG

+12.58%

CURRENT VS 20Y AVG

+18.36%

DGX Competitors' EV/FCF Ratio

NAMEMARKET CAPEV/FCF RATIOTTM3Y5Y
Quest Diagnostics Incorporated (DGX)$23.08B22.39x20.80x22.68x19.68x
BioNTech SE (BNTX)vs ›$23.07B7.98x20.00x6.34x11.23x
United Therapeutics Corporation (UTHR)vs ›$23.03B24.13x19.25x17.06x17.06x
Incyte Corporation (INCY)vs ›$22.73B13.85x16.39x96.57x65.84x
Labcorp Holdings Inc. (LH)vs ›$22.10B20.48x22.24x25.43x20.46x
Waters Corporation (WAT)vs ›$24.41B135.84x47.59x44.39x42.31x
West Pharmaceutical Services, Inc. (WST)vs ›$24.79B55.01x48.84x59.32x64.74x
STERIS plc (STE)vs ›$21.00B23.01x27.71x37.52x45.63x
Mettler-Toledo International Inc. (MTD)vs ›$25.44B34.51x33.85x33.43x38.26x
Moderna, Inc. (MRNA)vs ›$26.35BN/A26.90x26.23x26.23x

Cash Flow Valuation Comparison

EV/FCF

22.4x

P/FCF

17.4x

FCF Yield

5.74%

Formula: EV/FCF = Enterprise Value / Free Cash Flow

EV/FCF vs P/FCF:

  • EV/FCF accounts for debt and cash through enterprise value
  • P/FCF only considers equity value
  • EV/FCF can be compared across companies with different debt levels
  • Both measure how the market values cash generation

EV/FCF Ratio Formula & Definition

EV/FCF = Enterprise Value / Free Cash Flow (TTM)

Enterprise value to free cash flow compares total company value to the cash the business generates after capital expenditures.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

EV/FCF Ratio FAQ

What is the EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The EV/FCF ratio for DGX stock is 22.39x.
Is Quest Diagnostics Incorporated's EV/FCF ratio high or low?
The EV/FCF ratio of 22.39x is 14% above its 5-year average of 19.68x, around the middle of its 5-year range (9.98x–35.18x).
What is the TTM average EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The TTM average EV/FCF ratio for DGX stock is 20.80x.
What is the 3Y average EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The 3Y average EV/FCF ratio for DGX stock is 22.68x.
What is the 5Y average EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The 5Y average EV/FCF ratio for DGX stock is 19.68x.
What is the 10Y average EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The 10Y average EV/FCF ratio for DGX stock is 19.58x.
What is the 15Y average EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The 15Y average EV/FCF ratio for DGX stock is 19.89x.
What is the 20Y average EV/FCF ratio for Quest Diagnostics Incorporated (DGX)?
The 20Y average EV/FCF ratio for DGX stock is 18.92x.

DGX EV/FCF Ratio History

DATEEV/FCF RATIO
2026-06-2522.39x
2026-06-2422.12x
2026-06-2321.62x
2026-06-2221.32x
2026-06-1821.44x
2026-06-1721.67x
2026-06-1621.95x
2026-06-1522.04x
2026-06-1222.12x
2026-06-1122.18x
2026-06-1022.18x
2026-06-0922.24x
2026-06-0821.62x
2026-06-0521.88x
2026-06-0421.53x
2026-06-0321.33x
2026-06-0221.28x
2026-06-0121.20x
2026-05-2921.43x
2026-05-2821.54x
2026-05-2721.35x
2026-05-2621.26x
2026-05-2221.46x
2026-05-2121.34x
2026-05-2021.33x
2026-05-1921.05x
2026-05-1821.00x
2026-05-1520.73x
2026-05-1420.84x
2026-05-1321.09x
2026-05-1221.03x
2026-05-1121.00x
2026-05-0820.80x
2026-05-0721.09x
2026-05-0620.94x
2026-05-0521.09x
2026-05-0421.14x
2026-05-0121.24x
2026-04-3021.37x
2026-04-2920.96x
2026-04-2821.44x
2026-04-2721.58x
2026-04-2421.55x
2026-04-2321.82x
2026-04-2222.20x
2026-04-2121.68x
2026-04-2020.96x
2026-04-1720.85x
2026-04-1620.56x
2026-04-1520.56x
2026-04-1420.78x
2026-04-1320.68x
2026-04-1020.57x
2026-04-0921.09x
2026-04-0821.17x
2026-04-0721.00x
2026-04-0621.18x
2026-04-0221.10x
2026-04-0121.07x
2026-03-3120.93x
2026-03-3021.03x
2026-03-2720.89x
2026-03-2621.11x
2026-03-2520.97x
2026-03-2420.94x
2026-03-2320.90x
2026-03-2020.87x
2026-03-1920.78x
2026-03-1820.87x
2026-03-1721.15x
2026-03-1621.18x
2026-03-1321.24x
2026-03-1221.34x
2026-03-1121.31x
2026-03-1021.34x
2026-03-0921.40x
2026-03-0621.20x
2026-03-0521.59x
2026-03-0421.96x
2026-03-0321.95x
2026-03-0222.11x
2026-02-2722.25x
2026-02-2622.18x
2026-02-2521.13x
2026-02-2421.27x
2026-02-2321.10x
2026-02-2020.69x
2026-02-1920.69x
2026-02-1820.85x
2026-02-1720.94x
2026-02-1321.05x
2026-02-1221.05x
2026-02-1121.25x
2026-02-1020.93x
2026-02-0919.79x
2026-02-0619.74x
2026-02-0519.87x
2026-02-0419.62x
2026-02-0319.29x
2026-02-0219.28x
2026-01-3019.44x
2026-01-2919.06x
2026-01-2819.10x
2026-01-2719.22x
2026-01-2619.08x
2026-01-2318.96x
2026-01-2219.05x
2026-01-2119.25x
2026-01-2019.60x
2026-01-1619.64x
2026-01-1519.71x
2026-01-1419.42x
2026-01-1318.87x
2026-01-1218.54x
2026-01-0918.42x
2026-01-0818.69x
2026-01-0718.72x
2026-01-0618.91x
2026-01-0518.34x
2026-01-0218.37x
2025-12-3118.35x
2025-12-3018.51x
2025-12-2918.51x
2025-12-2618.54x
2025-12-2418.54x
2025-12-2318.47x
2025-12-2218.58x
2025-12-1918.55x
2025-12-1818.56x
2025-12-1718.80x
2025-12-1618.76x
2025-12-1519.21x
2025-12-1219.08x
2025-12-1119.00x
2025-12-1018.83x
2025-12-0918.84x
2025-12-0819.02x
2025-12-0519.08x
2025-12-0419.21x
2025-12-0319.08x
2025-12-0219.08x
2025-12-0119.18x
2025-11-2819.62x
2025-11-2619.66x
2025-11-2519.87x
2025-11-2419.73x
2025-11-2119.79x
2025-11-2019.49x
2025-11-1919.36x
2025-11-1819.30x
2025-11-1719.38x
2025-11-1419.44x
2025-11-1319.49x
2025-11-1219.43x
2025-11-1119.59x
2025-11-1019.22x
2025-11-0718.83x
2025-11-0618.59x
2025-11-0518.73x
2025-11-0418.71x
2025-11-0318.78x
2025-10-3118.54x
2025-10-3018.53x
2025-10-2918.45x
2025-10-2818.73x
2025-10-2718.89x
2025-10-2419.05x
2025-10-2319.13x
2025-10-2218.97x
2025-10-2119.25x
2025-10-2022.53x
2025-10-1722.45x
2025-10-1622.20x
2025-10-1522.25x
2025-10-1422.07x
2025-10-1321.83x
2025-10-1021.95x
2025-10-0921.71x
2025-10-0821.65x
2025-10-0721.75x
2025-10-0621.43x
2025-10-0321.51x
2025-10-0221.66x
2025-10-0121.76x
2025-09-3022.55x
2025-09-2922.39x
2025-09-2622.40x
2025-09-2522.07x
2025-09-2422.20x
2025-09-2322.22x
2025-09-2222.01x
2025-09-1921.91x
2025-09-1821.88x
2025-09-1721.78x
2025-09-1621.59x
2025-09-1521.63x
2025-09-1221.84x
2025-09-1121.89x
2025-09-1021.59x
2025-09-0921.82x
2025-09-0821.81x
2025-09-0521.89x
2025-09-0421.58x
2025-09-0321.53x
2025-09-0221.45x
2025-08-2921.72x
2025-08-2821.50x
2025-08-2721.55x
2025-08-2621.61x
2025-08-2521.45x
2025-08-2221.59x
2025-08-2121.92x
2025-08-2021.98x
2025-08-1921.83x
2025-08-1821.48x
2025-08-1521.55x
2025-08-1421.43x
2025-08-1321.48x
2025-08-1221.45x
2025-08-1121.42x
2025-08-0821.29x
2025-08-0721.04x
2025-08-0620.93x
2025-08-0520.95x
2025-08-0420.87x
2025-08-0120.73x
2025-07-3120.41x
2025-07-3020.53x
2025-07-2920.46x
2025-07-2820.45x
2025-07-2520.52x
2025-07-2420.82x
2025-07-2320.69x
2025-07-2225.12x
2025-07-2123.85x
2025-07-1823.90x
2025-07-1724.04x
2025-07-1623.92x
2025-07-1523.85x
2025-07-1424.06x
2025-07-1124.03x
2025-07-1024.39x
2025-07-0924.62x
2025-07-0824.50x
2025-07-0724.66x
2025-07-0324.98x
2025-07-0224.94x
2025-07-0125.23x
2025-06-3025.27x
2025-06-2725.07x
2025-06-2624.99x
2025-06-2525.16x
2025-06-2425.29x
2025-06-2325.27x
2025-06-2025.24x
2025-06-1825.28x
2025-06-1725.19x
2025-06-1625.53x
2025-06-1325.33x
2025-06-1225.20x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Quest Diagnostics Incorporated

Quest Diagnostics Incorporated, founded in 1967 and headquartered in Secaucus, New Jersey, is a premier provider of diagnostic testing, information, and related services, serving clients both domestically and internationally. Its core business involves the development and provision of diverse diagnostic information services, such as routine, advanced clinical, and anatomic pathology testing. While primarily operating under the Quest Diagnostics brand, it also leverages specialized identities like AmeriPath, Dermpath Diagnostics, ExamOne, and Quanum to reach a broad spectrum of clients. Its extensive client base includes patients, clinicians, hospitals, integrated delivery networks, health plans, employers, and other direct healthcare entities. Delivery of these services is facilitated through a robust network comprising laboratories, patient service centers, in-office phlebotomists, call centers, and mobile health professionals including paramedics and nurses. Additionally, the company provides risk assessment services for the life insurance industry and offers comprehensive information technology solutions to healthcare organizations and clinicians.

Secaucus, NJ
55,000 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
James E. Davis