QUEST DIAGNOSTICS INC

Services-Medical Laboratories·SECAUCUS, NJ·FY end 12/31·CIK 1022079

CEO Pay Ratio

275:1

James E. Davis

CEO Total Comp

$15.5M

James E. Davis

Median Employee

$56,427

Revenue

$11.0B

FY 2025

Net Income

$992.0M

FY 2025

Free Cash Flow

$1.4B

FY 2025

Net Margin

9.0%

Insider Net (180d)

0 buys / 0 sales

CEO Pay Accountability

CEO comp as % of net income

1.56%

For every $1,000 of profit, $15.62 flows to the CEO.

CEO comp as % of buybacks

3.44%

CEO comp equals 34.4‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$11.0B	$9.9B	$9.3B	$9.9B	$10.8B
Gross Profit	—	—	—	—	—	—
Operating Income	$1.6B	$1.3B	$1.3B	$1.4B	$2.4B
Net Income	$992.0M	$871.0M	$854.0M	$946.0M	$2.0B
Operating CF	$1.9B	$1.3B	$1.3B	$1.7B	$2.2B
Capex	$527.0M	$425.0M	$408.0M	$404.0M	$403.0M
Free Cash Flow	$1.4B	$909.0M	$864.0M	$1.3B	$1.8B
Buybacks	$450.0M	$151.0M	$275.0M	$1.4B	$2.2B
Dividends	$353.0M	$331.0M	$314.0M	$305.0M	$309.0M

Gross Margin	—	—	—	—	—	—
Operating Margin	14.1%	13.6%	13.6%	14.4%	22.1%
Net Margin	9.0%	8.8%	9.2%	9.6%	18.5%
FCF Margin	12.3%	9.2%	9.3%	13.3%	17.0%
R&D / Revenue	—	—	—	—	—	—
Effective Tax	—	—	—	—	—	—
Debt / Equity	1.51	1.75	1.45	1.35	1.24
Buybacks / FCF	33.1%	16.6%	31.8%	107.2%	120.2%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
James E. DavisChairman, Chief Executive Officer and President	$1.3M	$8.8M	$3.0M	$2.2M	$279.9K	$15.5M
Sam A. SamadExecutive Vice President and Chief Financial Officer	$693.3K	$2.2M	$749.7K	$710.4K	$82.8K	$4.4M
Catherine T. DohertyExecutive Vice President, Regional Businesses	$643.3K	$1.7M	$574.9K	$615.2K	$49.9K	$3.6M
Karthik KuppusamySenior Vice President, Clinical Solutions	$568.3K	$1.1M	$374.9K	$475.5K	$65.7K	$2.6M
Michael E. PrevoznikSenior Vice President and General Counsel	$550.0K	$1.1M	$387.3K	$438.3K	$55.9K	$2.6M