Quest Diagnostics Incorporated

Industry: Healthcare Facilities

Fortune Rank: 303

For the nine months ended 30 September 2005, net revenues increased 6% to $4.07B. Net income increased 11% to $415.9M. Revenues reflect increased clinical testing volume. Earnings also benefited from improved operating margins and lower debt levels. DGX is a clinical laboratory testing company which offers testing services used by the medical profession in the detection, diagnosis, monitoring and treatment of diseases.

Quest Diagnostics Incorporated is a provider of diagnostic testing, information and services, providing insights that enable physicians and other healthcare professionals to make decisions to improve health. The Company offers patients and physicians access to diagnostic laboratory services through its nation-wide network of laboratories and patient service centers. It provides interpretive consultation through its medical and scientific staff. The Company provides esoteric testing, including gene-based testing and testing for drugs of abuse. Quest Diagnostics Incorporated is also a provider of anatomic pathology services and testing for clinical trials. The Company offers healthcare organizations and clinicians with information technology solutions that can improve patient care and medical practice. Customers include patients, physicians, hospitals, healthcare insurers, employers, governmental institutions and other commercial clinical laboratories.

Quest Diagnostics Incorporated

Quest Diagnostics Incorporated is a Fortune 500 company. In 2010 Quest Diagnostics Incorporated was ranked number 303 on the Fortune 500 list, making it the 303rd largest company in the United States when judged by revenue.

Quest Diagnostics Incorporated achieved revenue of $7,455.20 million in 2010 and earned a profit of $729.10 million.

Quest Diagnostics Incorporated' rank improves

The company ranking improved in 2010, moving up the Fortune 500 list to 303rd compared to 341st in 2009. This was based on its 2009 revenue of $7,249 million (a change of 0 million compared to 2010) and profits of $582 million (a change of $147 million compared to 2009).

Another point of view

To many investors, profits are more important than the revenue a company earns. If the Fortune 500 was ranked by profits instead of revenue then Quest Diagnostics Incorporated would be ranked 175th rather than 303rd due to its profits of $729 in 2010.

Quest Diagnostics Incorporated Revenue* Profit* Fortune Ranking
20107,455729303
20097,249582341
20086,705340365
20076,272586364
20065,504546392

* US$ Million

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