Company Valuation: Quest Diagnostics Incorporated

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 21,224 17,817 15,503 16,838 19,304 26,987 - -
Change - -16.05% -12.99% 8.62% 14.64% 39.8% - -
Enterprise Value (EV) 1 24,364 21,482 19,683 22,679 24,555 32,034 31,368 30,816
Change - -11.83% -8.37% 15.23% 8.27% 30.46% -2.08% -1.76%
P/E 11.1x 19.6x 18.4x 19.6x 19.8x 24.1x 22.2x 20x
PBR 3.19x 2.95x 2.43x 2.47x 2.73x 3.36x 3.07x 2.87x
PEG - -0.4x -3.06x 7.34x 1.4x 1.5x 2.58x 1.9x
Capitalization / Revenue 1.97x 1.8x 1.68x 1.71x 1.75x 2.25x 2.15x 2.06x
EV / Revenue 2.26x 2.17x 2.13x 2.3x 2.23x 2.67x 2.5x 2.35x
EV / EBITDA 8.49x 10.4x 11x 11.2x 11.3x 13.5x 11.7x 10.7x
EV / EBIT 9.9x 12.3x 13.5x 14.7x 14x 16.7x 15.4x 14.1x
EV / FCF 13.3x 16.3x 22.8x 24.9x 18.1x 26.1x 23.6x 21.5x
FCF Yield 7.51% 6.12% 4.39% 4.01% 5.53% 3.83% 4.24% 4.66%
Dividend per Share 2 2.64 2.64 2.84 3 3.2 3.295 3.294 3.46
Rate of return 1.53% 1.69% 2.06% 1.99% 1.84% 1.35% 1.35% 1.42%
EPS 2 15.55 7.97 7.49 7.69 8.75 10.16 11.03 12.22
Distribution rate 17% 33.1% 37.9% 39% 36.6% 32.4% 29.8% 28.3%
Net sales 1 10,788 9,883 9,252 9,872 11,035 12,007 12,570 13,088
EBITDA 1 2,870 2,059 1,788 2,034 2,175 2,369 2,681 2,878
EBIT 1 2,462 1,742 1,457 1,541 1,759 1,914 2,041 2,187
Net income 1 1,995 946 854 871 992 1,146 1,235 1,349
Net Debt 1 3,140 3,665 4,180 5,841 5,251 5,047 4,381 3,829
Reference price 2 173.01 156.44 137.88 150.86 173.53 244.51 244.51 244.51
Nbr of stocks (in thousands) 122,675 113,887 112,435 111,615 111,242 110,373 - -
Announcement Date 2/3/22 2/2/23 2/1/24 1/30/25 2/10/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.06x2.67x13.52x1.35% 26.99B
13.68x0.41x8.59x2.86% 119B
14.49x1.82x9.08x0.72% 92.83B
13.99x1.52x9.18x2.55% 30.13B
8.25x1.46x6.65x-.--% 21.89B
33.17x5.95x24.46x2.09% 22.44B
16.63x1.53x7.73x4.76% 15.27B
13.9x1x5.63x3.54% 12.48B
12.2x1.57x7.59x0.94% 11.34B
7.74x0.84x5.88x0.47% 10.36B
Average 15.81x 1.88x 9.83x 1.93% 36.25B
Weighted average by Cap. 15.48x 1.55x 9.75x 1.93%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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