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Side-by-side financial comparison of Quest Diagnostics (DGX) and Keurig Dr Pepper (KDP). Click either name above to swap in a different company.

Keurig Dr Pepper is the larger business by last-quarter revenue ($4.0B vs $2.9B, roughly 1.4× Quest Diagnostics). Quest Diagnostics runs the higher net margin — 9.7% vs 6.8%, a 2.9% gap on every dollar of revenue. On growth, Keurig Dr Pepper posted the faster year-over-year revenue change (9.4% vs 9.2%). Over the past eight quarters, Quest Diagnostics's revenue compounded faster (9.9% CAGR vs 0.7%).

Quest Diagnostics Incorporated is an American clinical laboratory. A Fortune 500 company, Quest operates in the United States, Puerto Rico, Mexico, and Brazil. Quest also maintains collaborative agreements with various hospitals and clinics across the globe.

Keurig Dr Pepper Inc. is a publicly traded American beverage and coffeemaker conglomerate with headquarters located in Burlington, Massachusetts, and Frisco, Texas. Formed in July 2018, with the merger of Keurig Green Mountain and Dr Pepper Snapple Group, Keurig Dr Pepper produces and distributes more than 125 hot and cold beverages. The company's Canadian business unit subsidiary operates as Keurig Dr Pepper Canada.

DGX vs KDP — Head-to-Head

Bigger by revenue
KDP
KDP
1.4× larger
KDP
$4.0B
$2.9B
DGX
Growing faster (revenue YoY)
KDP
KDP
+0.2% gap
KDP
9.4%
9.2%
DGX
Higher net margin
DGX
DGX
2.9% more per $
DGX
9.7%
6.8%
KDP
Faster 2-yr revenue CAGR
DGX
DGX
Annualised
DGX
9.9%
0.7%
KDP

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
DGX
DGX
KDP
KDP
Revenue
$2.9B
$4.0B
Net Profit
$281.0M
$270.0M
Gross Margin
52.8%
Operating Margin
15.4%
19.0%
Net Margin
9.7%
6.8%
Revenue YoY
9.2%
9.4%
Net Profit YoY
12.0%
-47.8%
EPS (diluted)
$2.24
$0.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DGX
DGX
KDP
KDP
Q1 26
$2.9B
$4.0B
Q4 25
$2.8B
$4.5B
Q3 25
$2.8B
$4.3B
Q2 25
$2.8B
$4.2B
Q1 25
$2.7B
$3.6B
Q4 24
$2.6B
$4.1B
Q3 24
$2.5B
$3.9B
Q2 24
$2.4B
$3.9B
Net Profit
DGX
DGX
KDP
KDP
Q1 26
$281.0M
$270.0M
Q4 25
$245.0M
$353.0M
Q3 25
$245.0M
$662.0M
Q2 25
$282.0M
$547.0M
Q1 25
$220.0M
$517.0M
Q4 24
$222.0M
$-144.0M
Q3 24
$226.0M
$616.0M
Q2 24
$229.0M
$515.0M
Gross Margin
DGX
DGX
KDP
KDP
Q1 26
52.8%
Q4 25
32.4%
53.8%
Q3 25
33.7%
54.3%
Q2 25
34.2%
54.2%
Q1 25
32.5%
54.6%
Q4 24
32.7%
55.9%
Q3 24
32.6%
55.0%
Q2 24
33.5%
55.4%
Operating Margin
DGX
DGX
KDP
KDP
Q1 26
15.4%
19.0%
Q4 25
13.8%
19.6%
Q3 25
13.7%
23.1%
Q2 25
15.9%
21.6%
Q1 25
13.0%
22.0%
Q4 24
13.8%
1.5%
Q3 24
13.3%
23.2%
Q2 24
14.8%
22.0%
Net Margin
DGX
DGX
KDP
KDP
Q1 26
9.7%
6.8%
Q4 25
8.7%
7.8%
Q3 25
8.7%
15.4%
Q2 25
10.2%
13.1%
Q1 25
8.3%
14.2%
Q4 24
8.5%
-3.5%
Q3 24
9.1%
15.8%
Q2 24
9.6%
13.1%
EPS (diluted)
DGX
DGX
KDP
KDP
Q1 26
$2.24
$0.20
Q4 25
$2.18
$0.26
Q3 25
$2.16
$0.49
Q2 25
$2.47
$0.40
Q1 25
$1.94
$0.38
Q4 24
$1.95
$-0.11
Q3 24
$1.99
$0.45
Q2 24
$2.03
$0.38

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DGX
DGX
KDP
KDP
Cash + ST InvestmentsLiquidity on hand
$393.0M
$898.0M
Total DebtLower is stronger
$5.7B
Stockholders' EquityBook value
$7.7B
$25.3B
Total Assets
$16.7B
$73.1B
Debt / EquityLower = less leverage
0.74×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGX
DGX
KDP
KDP
Q1 26
$393.0M
$898.0M
Q4 25
$420.0M
$1.0B
Q3 25
$432.0M
$516.0M
Q2 25
$319.0M
$509.0M
Q1 25
$188.0M
$653.0M
Q4 24
$549.0M
$510.0M
Q3 24
$764.0M
$552.0M
Q2 24
$271.0M
$438.0M
Total Debt
DGX
DGX
KDP
KDP
Q1 26
$5.7B
Q4 25
$5.2B
Q3 25
$5.2B
Q2 25
$5.2B
Q1 25
$5.9B
Q4 24
$5.6B
Q3 24
$5.6B
Q2 24
$3.8B
Stockholders' Equity
DGX
DGX
KDP
KDP
Q1 26
$7.7B
$25.3B
Q4 25
$7.2B
$25.5B
Q3 25
$7.3B
$25.3B
Q2 25
$7.2B
$25.0B
Q1 25
$6.9B
$24.4B
Q4 24
$6.8B
$24.2B
Q3 24
$6.8B
$25.0B
Q2 24
$6.6B
$24.7B
Total Assets
DGX
DGX
KDP
KDP
Q1 26
$16.7B
$73.1B
Q4 25
$16.2B
$55.5B
Q3 25
$16.2B
$54.6B
Q2 25
$16.0B
$54.4B
Q1 25
$15.8B
$53.7B
Q4 24
$16.2B
$53.4B
Q3 24
$16.1B
$52.7B
Q2 24
$13.9B
$52.3B
Debt / Equity
DGX
DGX
KDP
KDP
Q1 26
0.74×
Q4 25
0.72×
Q3 25
0.71×
Q2 25
0.72×
Q1 25
0.85×
Q4 24
0.83×
Q3 24
0.83×
Q2 24
0.58×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DGX
DGX
KDP
KDP
Operating Cash FlowLast quarter
$278.0M
$281.0M
Free Cash FlowOCF − Capex
$184.0M
FCF MarginFCF / Revenue
4.6%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
0.99×
1.04×
TTM Free Cash FlowTrailing 4 quarters
$1.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGX
DGX
KDP
KDP
Q1 26
$278.0M
$281.0M
Q4 25
$465.0M
$712.0M
Q3 25
$563.0M
$639.0M
Q2 25
$544.0M
$431.0M
Q1 25
$314.0M
$209.0M
Q4 24
$464.0M
$849.0M
Q3 24
$356.0M
$628.0M
Q2 24
$360.0M
$657.0M
Free Cash Flow
DGX
DGX
KDP
KDP
Q1 26
$184.0M
Q4 25
$307.0M
$564.0M
Q3 25
$419.0M
$527.0M
Q2 25
$436.0M
$325.0M
Q1 25
$197.0M
$89.0M
Q4 24
$341.0M
$684.0M
Q3 24
$250.0M
$503.0M
Q2 24
$268.0M
$542.0M
FCF Margin
DGX
DGX
KDP
KDP
Q1 26
4.6%
Q4 25
10.9%
12.5%
Q3 25
14.9%
12.2%
Q2 25
15.8%
7.8%
Q1 25
7.4%
2.4%
Q4 24
13.0%
16.8%
Q3 24
10.0%
12.9%
Q2 24
11.2%
13.8%
Capex Intensity
DGX
DGX
KDP
KDP
Q1 26
3.9%
Q4 25
5.6%
3.3%
Q3 25
5.1%
2.6%
Q2 25
3.9%
2.5%
Q1 25
4.4%
3.3%
Q4 24
4.7%
4.1%
Q3 24
4.3%
3.2%
Q2 24
3.8%
2.9%
Cash Conversion
DGX
DGX
KDP
KDP
Q1 26
0.99×
1.04×
Q4 25
1.90×
2.02×
Q3 25
2.30×
0.97×
Q2 25
1.93×
0.79×
Q1 25
1.43×
0.40×
Q4 24
2.09×
Q3 24
1.58×
1.02×
Q2 24
1.57×
1.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DGX
DGX

Segment breakdown not available.

KDP
KDP

U.S. Refreshment Beverages$2.6B65%
U.S. Coffee$857.0M22%
International$520.0M13%

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