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COMPANY BENCHMARKING • UNITED STATES

Quest Diagnostics Inc. - Company Profile

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Quest Diagnostics Inc. - Overview

Brands
AmeriPath, Dermpath Diagnostics, ExamOne, Quanum, Quest Diagnostics
Description
Quest Diagnostics is a public company headquartered in New Jersey with an estimated 49,000 employees. In the US, the company has a notable market share in at least three industries: Healthcare and Social Assistance, Diagnostic & Medical Laboratories, Toxicology Laboratories and Healthcare and Social Assistance. Their largest market share is in the Diagnostic & Medical Laboratories industry, where they account for an estimated 16.5% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Quest Diagnostics Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 500 Plaza Dr Secaucus NJ 07094

Website: https://www.questdiagnostics.com/

Employees: 49000

Quest Diagnostics Inc. - Operating Industries and Main Competitors

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Quest Diagnostics Inc. - Products and Services

  • Healthcare and Social Assistance in the US

    • Of the 4 core revenue-generating products and services in the Healthcare and Social Assistance in the US industry, Quest Diagnostics Inc. offers:
    • Ambulatory healthcare services
    • Hospitals
    • Nursing homes and residential facilities
    • AAAAA AAAAA

  • Diagnostic & Medical Laboratories in the US

    • Of the 6 core revenue-generating products and services in the Diagnostic & Medical Laboratories in the US industry, Quest Diagnostics Inc. offers:
    • Anatomic pathology services
    • Clinical pathology services
    • General pathology services
    • AAAAA AAAAA

  • Toxicology Laboratories in the US

    • Of the 6 core revenue-generating products and services in the Toxicology Laboratories in the US industry, Quest Diagnostics Inc. offers:
    • Blood testing
    • Breath testing
    • Hair testing
    • AAAAA AAAAA
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Quest Diagnostics Inc. - Analyst Insights

Quest Diagnostics marks two years of COVID-19 testing

In March 2022, Quest Diagnostics marked two years since its first COVID-19 test. Since the company introduced its first COVID-19 tests in March 2020, it has performed about 65.0 million COVID-19 molecular diagnostic tests. While Quest began COVID-19 testing with a single laboratory in California to two dozen labs throughout the US. In the two years of COVID-19 testing, Quest has received 20 emergency use authorizations from the FDA for COVID-19 innovations, developed advanced testing capabilities and collaborated with the CDC and other entities to identify COVID-19 variants.

COVID|ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Quest Diagnostics Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Quest Diagnostics Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Healthcare and Social Assistance in the US, Diagnostic & Medical Laboratories in the US, and Toxicology Laboratories in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Quest Diagnostics Inc.'s full SWOT analysis, see purchase options.

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