Is QUEST DIAGNOSTICS INC (DGX) Halal?

NYSE Healthcare United States $21.7B
✓ HALAL
Confidence: 95/100
QUEST DIAGNOSTICS INC (DGX) is Halal under 3 of 5 Shariah screening standards, including AAOIFI Standard 21. With a debt ratio of just 29.7% against the AAOIFI threshold of 30%, QUEST DIAGNOSTICS INC comfortably passes the key financial ratio tests. The company operates in the Healthcare sector (Diagnostics & Research), which is not a prohibited industry under Islamic finance principles.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI 29.7%
/ 30%
1.9%
/ 30%
6.4%
/ 30%
0.12%
/ 5%
✓ HALAL
DJIM 29.7%
/ 33%
1.9%
/ 33%
6.4%
/ 33%
0.12%
/ 5%
✓ HALAL
MSCI 40.6%
/ 33%
2.6%
/ 33%
8.7%
/ 33%
0.12%
/ 5%
✗ NOT HALAL
S&P 29.7%
/ 33%
1.9%
/ 33%
6.4%
/ 33%
0.12%
/ 5%
✓ HALAL
FTSE 40.6%
/ 33%
2.6%
/ 33%
8.7%
/ 50%
0.12%
/ 5%
✗ NOT HALAL

Financial Highlights

P/E Ratio
22.3
Forward: 17.0
EPS
$8.76
Dividend Yield
176.0%
Payout: 36.0%
P/B Ratio
3.0
EV/EBITDA
12.8
EV: $27.8B
Revenue
$11.0B
Growth: 7.1%
Beta
0.6
Low volatility
Current Ratio
1.0

Profitability

Gross Margin 33.3%
Operating Margin 14.0%
Net Margin 9.0%
Return on Equity (ROE) 14.8%
Return on Assets (ROA) 6.2%

Cash Flow & Balance Sheet

Operating Cash Flow$1.9B
Free Cash Flow$1.4B
Total Debt$6.6B
Debt-to-Equity90.4
Current Ratio1.0
Total Assets$16.2B

Price & Trading

Last Close$198.15
50-Day MA$197.16
200-Day MA$184.00
Avg Volume974K
Beta0.6
52-Week Range
$157.20
$213.50

About QUEST DIAGNOSTICS INC (DGX)

CEO
Mr. James E. Davis
Employees
46,000
Sector
Healthcare
Industry
Diagnostics & Research
Country
United States
Exchange
NYSE
Market Cap
$21.7B
Currency
USD

Quest Diagnostics Incorporated provides diagnostic testing and services in the United States. The company develops and delivers diagnostic information services, such as routine, non-routine and advanced clinical testing, anatomic pathology testing, and other diagnostic information services. It also provides services under the Quest Diagnostics brand, as well as under the AmeriPath, Dermpath Diagnostics, ExamOne, and Quanum brands to physicians, hospitals, patients and consumers, health plans, government agencies, employers, retailers, pharmaceutical companies and insurers commercial clinical laboratories, and accountable care organizations through a network of laboratories, patient service centers, phlebotomists in physician offices, call centers and mobile phlebotomists, nurses, and other health and wellness professionals. In addition, the company offers risk assessment services for the life insurance industry; healthcare IT healthcare providers and payers; testing and medical director services at hospital laboratories; test offerings in cardiometabolic and endocrine; cancer; clinical drug monitoring and toxicology; infectious disease, including autoimmune; neurology diagnostics, including Alzheimer's disease; and women's health, such as prenatal genetic; workplace drug testing, testing urine, hair, and oral fluid specimens services; and employer population health services, including biometric screenings, flu shots, and related preventative services. Further, it provides population health solutions; extended care services; develops in vitro diagnostic tests; laboratory diagnostic information and digital health connectivity systems; underwriting support services, including data gathering, paramedical examinations, and clinical laboratory testing and analytics; and national specimen collection and health data solutions. Quest Diagnostics Incorporated was founded in 1967 and is headquartered in Secaucus, New Jersey.

Purification Calculator

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Frequently Asked Questions

Is QUEST DIAGNOSTICS INC (DGX) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), QUEST DIAGNOSTICS INC is Halal. The company passes all financial ratio thresholds for debt, cash, receivables, and impermissible income. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is QUEST DIAGNOSTICS INC's debt ratio?

QUEST DIAGNOSTICS INC's debt ratio is 29.7% under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%. Under MSCI and FTSE (which use total assets as the denominator), the debt ratio is 40.6%.

Does QUEST DIAGNOSTICS INC require dividend purification?

Yes, QUEST DIAGNOSTICS INC has an impermissible income ratio of 0.12%, which means 0.12% of any dividends received should be donated to charity as purification. This is because a small portion of the company's revenue comes from non-Shariah-compliant sources.

What are QUEST DIAGNOSTICS INC's key financial metrics?

QUEST DIAGNOSTICS INC has a market capitalization of $21.7B, trailing P/E ratio of 22.3, and revenue of $11.0B. The company maintains a gross margin of 33.3% and a net margin of 9.0%. Return on equity stands at 14.8%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.