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Quest DiagnosticsMEX:DGX 71 Current Ratio is 1.18 as of Mar. 2026, which is 7% below its 10-year median of 1.27. GuruFocus rates MEX:DGX with a GF Score™ of 71/100 and a GF Value™ of MXN3,288.23 (Fairly Valued). The stock has 8 warning signs investors should review. Among 213 Medical Diagnostics & Research companies, Quest Diagnostics ranks worse than 73.71% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Quest Diagnostics's current ratio for the quarter that ended in Mar. 2026 was 1.18.
Quest Diagnostics has a current ratio of 1.18. It generally indicates good short-term financial strength.
The historical rank and industry rank for Quest Diagnostics's Current Ratio or its related term are showing as below:
MEX:DGX'
s Current Ratio Range Over the Past 10 Years
Min: 0.78 Med: 1.27 Max: 1.76
Current: 1.18
During the past 13 years, Quest Diagnostics's highest Current Ratio was 1.76. The lowest was 0.78. And the median was 1.27.
MEX:DGX's Current Ratio is ranked worse than 73.71% of 213
companies
in the Medical Diagnostics & Research industry
Industry Median: 2.1
vs MEX:DGX: 1.18
Quest Diagnostics (MEX:DGX) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Quest Diagnostics Current Ratio Related Terms
Quest Diagnostics Current Ratio Historical Data
* Premium members only.
The historical data trend for Quest Diagnostics's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Diagnostics & Research subindustry, Quest Diagnostics's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Quest Diagnostics Current Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Quest Diagnostics's Current Ratio distribution charts can be found below:
* The bar in red indicates where Quest Diagnostics's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Quest Diagnostics (MEX:DGX) has a Current Ratio of 1.18 as of Mar. 2026. This is near median its historical median of 1.27. Over the past decade, Quest Diagnostics' Current Ratio has ranged from 0.78 to 1.76. According to the industry distribution chart, Quest Diagnostics ranks #157 out of 213 companies in the Medical Diagnostics & Research industry, placing it in the top 73.7%.
Is Quest Diagnostics' Current Ratio too high?
Quest Diagnostics' current Current Ratio of 1.18 is near median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 1.76. The Medical Diagnostics & Research industry median Current Ratio is 2.10. Quest Diagnostics' value of 1.18 is 43.8% below this industry median. Based on the distribution chart, Quest Diagnostics ranks #157 out of 213 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Quest Diagnostics has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Quest Diagnostics' Current Ratio compare to LH and MTD?
According to the Medical Diagnostics & Research industry distribution chart, Quest Diagnostics ranks #157 out of 213 companies for Current Ratio. This places Quest Diagnostics in the lower half of its industry. The industry median Current Ratio is 2.10. Quest Diagnostics' value of 1.18 is 43.8% below this benchmark. Historically, Quest Diagnostics' own Current Ratio has ranged from 0.78 to 1.76 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 2.10, Quest Diagnostics has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Medical Diagnostics & Research company?
The median Current Ratio among Medical Diagnostics & Research companies is 2.10, based on 213 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Quest Diagnostics's current Current Ratio of 1.18 is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Medical Diagnostics & Research industry, the median Current Ratio is 2.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Quest Diagnostics's current Current Ratio is 1.18, which is near median its own 10-year median of 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quest Diagnostics stock overvalued right now?
Based on GuruFocus' analysis, Quest Diagnostics (MEX:DGX) is currently considered Fairly Valued. The stock's GF Value™ is MXN3,288.23, compared to a current price of MXN3,624.00 — trading 10.2% above its estimated fair value. The current Current Ratio is 1.18, which is near median its 10-year median of 1.27 and 43.8% below the Medical Diagnostics & Research industry median of 2.10. Quest Diagnostics' overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Quest Diagnostics (MEX:DGX), the current Current Ratio is 1.18 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Quest Diagnostics (MEX:DGX) Overvalued in 2026?
Based on GuruFocus' analysis, Quest Diagnostics stock appears to be overvalued.
The current stock price of MXN3,624.00 is trading 10.2% above its estimated GF Value™ of MXN3,288.23.
GuruFocus considers Quest Diagnostics to be Fairly Valued.
Key valuation signals for MEX:DGX:
Current Ratio: 1.18 (near median its 10-year median of 1.27)
GF Value™: MXN3,288.23 vs. price of MXN3,624.00 (10.2% above fair value)
Industry Position: 43.8% below the Medical Diagnostics & Research median (#157 of 213)
No single metric tells the full story. See the MEX:DGX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Quest Diagnostics is a leading independent provider of diagnostic testing, information, and services in the US. The company generates over 97% of its revenue through clinical testing, anatomic pathology, esoteric testing, and substance abuse testing with specimens collected at its national network of roughly 2,400 patient service centers, as well as multiple doctors offices and hospitals. The firm also runs a much smaller diagnostic solutions segment that provides clinical trials testing, risk-assessment services, and information technology solutions.
71GF Score
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