Quest Return On Tangible Assets from 2010 to 2024

DGX Stock  USD 163.89  2.57  1.59%   
Quest Diagnostics Return On Tangible Assets yearly trend continues to be fairly stable with very little volatility. Return On Tangible Assets will likely drop to 0.14 in 2024. Return On Tangible Assets is a profitability metric that measures a company's ability to generate earnings from its tangible assets. View All Fundamentals
 
Return On Tangible Assets  
First Reported
2010-12-31
Previous Quarter
0.1666992
Current Value
0.14
Quarterly Volatility
0.25655696
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Quest Diagnostics financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Quest Diagnostics' main balance sheet or income statement drivers, such as Depreciation And Amortization of 265.1 M, Interest Expense of 99.3 M or Selling General Administrative of 1.5 B, as well as many indicators such as Price To Sales Ratio of 1.13, Dividend Yield of 0.0214 or PTB Ratio of 3.0. Quest financial statements analysis is a perfect complement when working with Quest Diagnostics Valuation or Volatility modules.
  
Check out the analysis of Quest Diagnostics Correlation against competitors.

Latest Quest Diagnostics' Return On Tangible Assets Growth Pattern

Below is the plot of the Return On Tangible Assets of Quest Diagnostics Incorporated over the last few years. It is a profitability metric that measures a company's ability to generate earnings from its tangible assets. Quest Diagnostics' Return On Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Quest Diagnostics' overall financial position and show how it may be relating to other accounts over time.
Return On Tangible Assets10 Years Trend
Slightly volatile
   Return On Tangible Assets   
       Timeline  

Quest Return On Tangible Assets Regression Statistics

Arithmetic Mean0.16
Coefficient Of Variation159.61
Mean Deviation0.12
Median0.20
Standard Deviation0.26
Sample Variance0.07
Range1.1106
R-Value0.38
Mean Square Error0.06
R-Squared0.15
Significance0.16
Slope0.02
Total Sum of Squares0.92

Quest Return On Tangible Assets History

2024 0.14
2022 0.21
2021 0.37
2020 0.24
2019 0.17
2017 0.25

About Quest Diagnostics Financial Statements

Quest Diagnostics investors use historical fundamental indicators, such as Quest Diagnostics' Return On Tangible Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Quest Diagnostics. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.17  0.14 

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Additional Tools for Quest Stock Analysis

When running Quest Diagnostics' price analysis, check to measure Quest Diagnostics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Quest Diagnostics is operating at the current time. Most of Quest Diagnostics' value examination focuses on studying past and present price action to predict the probability of Quest Diagnostics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Quest Diagnostics' price. Additionally, you may evaluate how the addition of Quest Diagnostics to your portfolios can decrease your overall portfolio volatility.