Below are the financial statements of Quest Diagnostics, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 as of 2024-12-31 | 2023 as of 2023-12-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 549a | 686a |
| Accounts receivable, net of allowance for credit losses | 1,304a | 1,210a |
| Inventories | 188a | 190a |
| Prepaid expenses and other current assets | 351a | 286a |
| Total current assets | 2,392a | 2,372a |
| Property, plant and equipment, net | 2,113a | 1,816a |
| Operating lease right-of-use assets | 651a | 602a |
| Goodwill | 8,856a | 7,733a |
| Intangible assets, net | 1,763a | 1,166a |
| Investments in equity method investees | 123a | 135a |
| Other assets | 255a | 198a |
| Total assets | 16,153a | 14,022a |
| Liabilities and stockholders’ equity | — | — |
| Current liabilities | — | — |
| Accounts payable and accrued expenses | 1,394a | 1,359a |
| Current portion of long-term debt | 602a | 303a |
| Current portion of long-term operating lease liabilities | 173a | 153a |
| Total current liabilities | 2,169a | 1,815a |
| Long-term debt | 5,615a | 4,410a |
| Long-term operating lease liabilities | 535a | 503a |
| Other liabilities | 938a | 876a |
| Redeemable noncontrolling interest | 83a | 76a |
| Stockholders’ equity | — | — |
| Quest Diagnostics stockholders’ equity | — | — |
| Common stock | 2a | 2a |
| Additional paid-in capital | 2,361a | 2,320a |
| Retained earnings | 9,360a | 8,825a |
| Accumulated other comprehensive loss | -88a | -14a |
| Treasury stock, at cost | -4,857a | -4,826a |
| Total Quest Diagnostics stockholders’ equity | 6,778a | 6,307a |
| Noncontrolling interests | 35a | 35a |
| Total stockholders’ equity | 6,813a | 6,342a |
| Total liabilities and stockholders’ equity | 16,153a | 14,022a |
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