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 26,113 - -
Change - -16.05% -12.99% 8.62% 14.64% 35.27% - -
Enterprise Value (EV) 1 24,364 21,482 19,683 22,679 24,555 31,160 30,494 29,942
Change - -11.83% -8.37% 15.23% 8.27% 26.9% -2.14% -1.81%
P/E 11.1x 19.6x 18.4x 19.6x 19.8x 23.3x 21.4x 19.4x
PBR 3.19x 2.95x 2.43x 2.47x 2.73x 3.25x 2.97x 2.78x
PEG - -0.4x -3.06x 7.34x 1.4x 1.4x 2.47x 1.9x
Capitalization / Revenue 1.97x 1.8x 1.68x 1.71x 1.75x 2.17x 2.08x 1.99x
EV / Revenue 2.26x 2.17x 2.13x 2.3x 2.23x 2.6x 2.43x 2.29x
EV / EBITDA 8.49x 10.4x 11x 11.2x 11.3x 13.2x 11.4x 10.7x
EV / EBIT 9.9x 12.3x 13.5x 14.7x 14x 16.3x 14.9x 13.9x
EV / FCF 13.3x 16.3x 22.8x 24.9x 18.1x 25.4x 22.9x 20.9x
FCF Yield 7.51% 6.12% 4.39% 4.01% 5.53% 3.94% 4.36% 4.79%
Dividend per Share 2 2.64 2.64 2.84 3 3.2 3.303 3.294 3.46
Rate of return 1.53% 1.69% 2.06% 1.99% 1.84% 1.4% 1.39% 1.46%
EPS 2 15.55 7.97 7.49 7.69 8.75 10.16 11.04 12.19
Distribution rate 17% 33.1% 37.9% 39% 36.6% 32.5% 29.8% 28.4%
Net sales 1 10,788 9,883 9,252 9,872 11,035 12,007 12,572 13,090
EBITDA 1 2,870 2,059 1,788 2,034 2,175 2,369 2,681 2,803
EBIT 1 2,462 1,742 1,457 1,541 1,759 1,914 2,041 2,158
Net income 1 1,995 946 854 871 992 1,146 1,235 1,343
Net Debt 1 3,140 3,665 4,180 5,841 5,251 5,047 4,381 3,829
Reference price 2 173.01 156.44 137.88 150.86 173.53 236.59 236.59 236.59
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.($)
22.93x2.56x12.99x1.42% 26.11B
12.49x0.39x8.1x3.1% 109B
14.75x1.84x9.18x0.71% 91.68B
14.11x1.53x9.23x2.53% 29.29B
31.35x5.66x23.59x2.23% 20.97B
7.79x1.41x6.41x-.--% 20.09B
17.51x1.6x7.99x4.08% 15.81B
13.64x0.99x5.57x3.61% 11.86B
12.57x1.59x7.73x0.91% 11.14B
55.64x8.87x34.09x0.19% 10.62B
Average 20.28x 2.64x 12.49x 1.88% 34.64B
Weighted average by Cap. 16.48x 1.79x 10.38x 1.96%

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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