DGX vs. HCA: Quest Diagnostics vs. HCA Healthcare Stock Comparison
How do Quest Diagnostics (DGX) and HCA Healthcare (HCA) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Quest Diagnostics (DGX) and HCA Healthcare (HCA) both belong to the Health Care Providers & Services industry, though DGX is classified under Health Care Services while HCA falls under Health Care Facilities.
| Profile Item | DGX | HCA |
|---|---|---|
| Name | Quest Diagnostics Incorporated | HCA Healthcare, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Services | Health Care Facilities |
| Market Capitalization | 28.21 billion USD | 103.40 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 17, 1996 | March 10, 2011 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DGX | HCA |
|---|---|---|
| Total Return (1Y) | 45.88% | 6.56% |
| Total Return (3Y, Annualized) | 27.45% | 31.39% |
| Total Return (5Y, Annualized) | 14.84% | 16.40% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DGX | HCA |
|---|---|---|
| Volatility (1Y, Annualized) | 24.06% | 32.89% |
| Beta (5Y) | 0.54 | 1.07 |
| Max Drawdown (5Y) | -28.62% | -39.49% |
| Avg. Volume (3M) | 1.00M | 1.35M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DGX | HCA |
|---|---|---|
| Sharpe Ratio (1Y) | 1.73 | 0.07 |
| Sortino Ratio (1Y) | 3.16 | 0.11 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Quest Diagnostics (DGX) earns 15.32% on shareholders’ equity, ranked against its industry; HCA Healthcare (HCA) has no ROE this period.
DGX
Health Care Equipment & Services industry group
15.32%
- Max
- 47.61%
- DGX
- 15.32%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
HCA
Health Care Equipment & Services industry group
--
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
- HCA
- --
Net Margin (TTM)
Quest Diagnostics (DGX) at 9.54% retains a top-quartile share of revenue as profit, ahead of HCA Healthcare (HCA) at 8.61%, which keeps about the industry-typical share.
DGX
Health Care Equipment & Services industry group
9.54%
- Max
- 29.35%
- DGX
- 9.54%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
HCA
Health Care Equipment & Services industry group
8.61%
- Max
- 29.35%
- Q3
- 9.33%
- HCA
- 8.61%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both Quest Diagnostics (DGX) at 15.63% and HCA Healthcare (HCA) at 14.83% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
DGX
Health Care Equipment & Services industry group
15.63%
- Max
- 35.43%
- DGX
- 15.63%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
HCA
Health Care Equipment & Services industry group
14.83%
- Max
- 35.43%
- HCA
- 14.83%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | DGX | HCA |
|---|---|---|
| ROE (TTM) | 15.32% | -- |
| ROA (TTM) | 6.61% | 12.23% |
| Net Margin (TTM) | 9.54% | 8.61% |
| Operating Margin (TTM) | 15.63% | 14.83% |
| Gross Margin (TTM) | 33.18% | 42.76% |
Growth
Revenue Growth
Both Quest Diagnostics (DGX) at 11.78% and HCA Healthcare (HCA) at 7.08% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
HCA Healthcare (HCA) at 28.77% sits in the top EPS growth quartile, while Quest Diagnostics (DGX) at 13.78% is closer to the peer norm — faster per-share earnings growth for HCA.
Growth Metrics
| Metric | DGX | HCA |
|---|---|---|
| Revenue Growth (YoY) | 11.78% | 7.08% |
| Revenue Growth (3Y CAGR) | 3.74% | 7.87% |
| EPS Growth (YoY) | 13.78% | 28.77% |
| EPS Growth (3Y CAGR) | 3.16% | 13.94% |
Financial Strength
Current Ratio (MRQ)
Quest Diagnostics (DGX) at 1.70 keeps current ratio within its industry’s typical mid-range, while HCA Healthcare (HCA) at 0.82 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for HCA.
DGX
Health Care Equipment & Services industry group
1.70
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- DGX
- 1.70
- Q1
- 1.37
- Min
- 0.30
HCA
Health Care Equipment & Services industry group
0.82
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- HCA
- 0.82
- Min
- 0.30
Debt / Equity (MRQ)
Only one side’s leverage can be read here: Quest Diagnostics (DGX) carries debt-to-equity ratio of 0.80 against its industry range, while HCA Healthcare (HCA) reports no figure this period.
DGX
Health Care Equipment & Services industry group
0.80
- Max
- 1.88
- Q3
- 0.91
- DGX
- 0.80
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
HCA
Health Care Equipment & Services industry group
--
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
- HCA
- --
Financial Strength Metrics
| Metric | DGX | HCA |
|---|---|---|
| Current Ratio (MRQ) | 1.70 | 0.82 |
| Debt / Equity (MRQ) | 0.80 | -- |
| Net Debt / EBITDA | 2.38 | 3.26 |
Dividends
Dividend Yield (TTM)
Both Quest Diagnostics (DGX) at 1.33% and HCA Healthcare (HCA) at 0.60% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
DGX
Health Care Equipment & Services industry group
1.33%
- DGX
- 1.33%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HCA
Health Care Equipment & Services industry group
0.60%
- HCA
- 0.60%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Quest Diagnostics (DGX) at 25.10% and HCA Healthcare (HCA) at 10.15% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
DGX
Health Care Equipment & Services industry group
25.10%
- DGX
- 25.10%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
HCA
Health Care Equipment & Services industry group
10.15%
- HCA
- 10.15%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DGX | HCA |
|---|---|---|
| Dividend Yield (TTM) | 1.33% | 0.60% |
| Dividend Payout Ratio (TTM) | 25.10% | 10.15% |
Valuation
P/E Ratio (TTM)
HCA Healthcare (HCA) at 16.42 sits in the cheaper P/E ratio quartile, while Quest Diagnostics (DGX) at 25.46 is closer to its industry’s usual earnings multiple — a discount for HCA, though growth and earnings durability still matter.
DGX
Health Care Equipment & Services industry group
25.46
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- DGX
- 25.46
- Q1
- 21.19
- Min
- 4.21
HCA
Health Care Equipment & Services industry group
16.42
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- HCA
- 16.42
- Min
- 4.21
P/S Ratio (TTM)
On P/S ratio, both Quest Diagnostics (DGX) at 2.38 and HCA Healthcare (HCA) at 1.31 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
DGX
Health Care Equipment & Services industry group
2.38
- Max
- 8.80
- Q3
- 4.32
- DGX
- 2.38
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
HCA
Health Care Equipment & Services industry group
1.31
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- HCA
- 1.31
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
HCA Healthcare (HCA) reports a negative P/B ratio of -12.92, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile Quest Diagnostics (DGX) reports 3.68, ranking against industry peers normally.
DGX
Health Care Equipment & Services industry group
3.68
- Max
- 11.68
- Q3
- 6.12
- DGX
- 3.68
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
HCA
Health Care Equipment & Services industry group
-12.92
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
- HCA
- -12.92
Valuation Metrics
| Metric | DGX | HCA |
|---|---|---|
| P/E Ratio (TTM) | 25.46 | 16.42 |
| P/S Ratio (TTM) | 2.38 | 1.31 |
| P/B Ratio (MRQ) | 3.68 | -12.92 |
| Free Cash Flow Yield (TTM) | 3.09% | 3.81% |