vs

Side-by-side financial comparison of Quest Diagnostics (DGX) and Stanley Black & Decker (SWK). Click either name above to swap in a different company.

Stanley Black & Decker is the larger business by last-quarter revenue ($3.8B vs $2.9B, roughly 1.3× Quest Diagnostics). Quest Diagnostics runs the higher net margin — 9.7% vs 1.4%, a 8.3% gap on every dollar of revenue. On growth, Quest Diagnostics posted the faster year-over-year revenue change (9.2% vs 0.1%). Over the past eight quarters, Quest Diagnostics's revenue compounded faster (9.9% CAGR vs 0.3%).

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.

Stanley Black & Decker, Inc., formerly known as The Stanley Works, is an American manufacturer of industrial tools and household hardware, and a provider of security products. Headquartered in the Greater Hartford city of New Britain, Connecticut, Stanley Black & Decker is the result of the merger of The Stanley Works and Black & Decker on March 12, 2010.

DGX vs SWK — Head-to-Head

Bigger by revenue
SWK
SWK
1.3× larger
SWK
$3.8B
$2.9B
DGX
Growing faster (revenue YoY)
DGX
DGX
+9.0% gap
DGX
9.2%
0.1%
SWK
Higher net margin
DGX
DGX
8.3% more per $
DGX
9.7%
1.4%
SWK
Faster 2-yr revenue CAGR
DGX
DGX
Annualised
DGX
9.9%
0.3%
SWK

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
DGX
DGX
SWK
SWK
Revenue
$2.9B
$3.8B
Net Profit
$281.0M
$51.4M
Gross Margin
31.4%
Operating Margin
15.4%
Net Margin
9.7%
1.4%
Revenue YoY
9.2%
0.1%
Net Profit YoY
12.0%
-43.6%
EPS (diluted)
$2.24
$0.34

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
SWK
SWK
Q1 26
$2.9B
Q4 25
$2.8B
Q3 25
$2.8B
$3.8B
Q2 25
$2.8B
$3.9B
Q1 25
$2.7B
$3.7B
Q4 24
$2.6B
$3.7B
Q3 24
$2.5B
$3.8B
Q2 24
$2.4B
$4.0B
Net Profit
DGX
DGX
SWK
SWK
Q1 26
$281.0M
Q4 25
$245.0M
Q3 25
$245.0M
$51.4M
Q2 25
$282.0M
$101.9M
Q1 25
$220.0M
$90.4M
Q4 24
$222.0M
$194.9M
Q3 24
$226.0M
$91.1M
Q2 24
$229.0M
$-11.2M
Gross Margin
DGX
DGX
SWK
SWK
Q1 26
Q4 25
32.4%
Q3 25
33.7%
31.4%
Q2 25
34.2%
27.0%
Q1 25
32.5%
29.9%
Q4 24
32.7%
30.8%
Q3 24
32.6%
29.9%
Q2 24
33.5%
28.4%
Operating Margin
DGX
DGX
SWK
SWK
Q1 26
15.4%
Q4 25
13.8%
Q3 25
13.7%
Q2 25
15.9%
Q1 25
13.0%
Q4 24
13.8%
3.4%
Q3 24
13.3%
10.6%
Q2 24
14.8%
9.5%
Net Margin
DGX
DGX
SWK
SWK
Q1 26
9.7%
Q4 25
8.7%
Q3 25
8.7%
1.4%
Q2 25
10.2%
2.6%
Q1 25
8.3%
2.4%
Q4 24
8.5%
5.2%
Q3 24
9.1%
2.4%
Q2 24
9.6%
-0.3%
EPS (diluted)
DGX
DGX
SWK
SWK
Q1 26
$2.24
Q4 25
$2.18
Q3 25
$2.16
$0.34
Q2 25
$2.47
$0.67
Q1 25
$1.94
$0.60
Q4 24
$1.95
$1.29
Q3 24
$1.99
$0.60
Q2 24
$2.03
$-0.07

Balance Sheet & Financial Strength

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

Metric
DGX
DGX
SWK
SWK
Cash + ST InvestmentsLiquidity on hand
$393.0M
$268.3M
Total DebtLower is stronger
$5.7B
$5.3B
Stockholders' EquityBook value
$7.7B
$9.0B
Total Assets
$16.7B
$21.8B
Debt / EquityLower = less leverage
0.74×
0.59×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DGX
DGX
SWK
SWK
Q1 26
$393.0M
Q4 25
$420.0M
Q3 25
$432.0M
$268.3M
Q2 25
$319.0M
$311.8M
Q1 25
$188.0M
$344.8M
Q4 24
$549.0M
$290.5M
Q3 24
$764.0M
$298.7M
Q2 24
$271.0M
$318.5M
Total Debt
DGX
DGX
SWK
SWK
Q1 26
$5.7B
Q4 25
$5.2B
Q3 25
$5.2B
$5.3B
Q2 25
$5.2B
$5.6B
Q1 25
$5.9B
$5.6B
Q4 24
$5.6B
$6.1B
Q3 24
$5.6B
$6.1B
Q2 24
$3.8B
$6.1B
Stockholders' Equity
DGX
DGX
SWK
SWK
Q1 26
$7.7B
Q4 25
$7.2B
Q3 25
$7.3B
$9.0B
Q2 25
$7.2B
$9.1B
Q1 25
$6.9B
$8.8B
Q4 24
$6.8B
$8.7B
Q3 24
$6.8B
$8.9B
Q2 24
$6.6B
$8.7B
Total Assets
DGX
DGX
SWK
SWK
Q1 26
$16.7B
Q4 25
$16.2B
Q3 25
$16.2B
$21.8B
Q2 25
$16.0B
$22.5B
Q1 25
$15.8B
$22.5B
Q4 24
$16.2B
$21.8B
Q3 24
$16.1B
$22.5B
Q2 24
$13.9B
$22.5B
Debt / Equity
DGX
DGX
SWK
SWK
Q1 26
0.74×
Q4 25
0.72×
Q3 25
0.71×
0.59×
Q2 25
0.72×
0.62×
Q1 25
0.85×
0.63×
Q4 24
0.83×
0.70×
Q3 24
0.83×
0.69×
Q2 24
0.58×
0.70×

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
SWK
SWK
Operating Cash FlowLast quarter
$278.0M
$221.2M
Free Cash FlowOCF − Capex
$155.3M
FCF MarginFCF / Revenue
4.1%
Capex IntensityCapex / Revenue
3.9%
1.8%
Cash ConversionOCF / Net Profit
0.99×
4.30×
TTM Free Cash FlowTrailing 4 quarters
$369.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DGX
DGX
SWK
SWK
Q1 26
$278.0M
Q4 25
$465.0M
Q3 25
$563.0M
$221.2M
Q2 25
$544.0M
$214.3M
Q1 25
$314.0M
$-420.0M
Q4 24
$464.0M
$679.1M
Q3 24
$356.0M
$285.8M
Q2 24
$360.0M
$573.0M
Free Cash Flow
DGX
DGX
SWK
SWK
Q1 26
Q4 25
$307.0M
Q3 25
$419.0M
$155.3M
Q2 25
$436.0M
$134.7M
Q1 25
$197.0M
$-485.0M
Q4 24
$341.0M
$564.6M
Q3 24
$250.0M
$199.3M
Q2 24
$268.0M
$485.8M
FCF Margin
DGX
DGX
SWK
SWK
Q1 26
Q4 25
10.9%
Q3 25
14.9%
4.1%
Q2 25
15.8%
3.4%
Q1 25
7.4%
-13.0%
Q4 24
13.0%
15.2%
Q3 24
10.0%
5.3%
Q2 24
11.2%
12.1%
Capex Intensity
DGX
DGX
SWK
SWK
Q1 26
3.9%
Q4 25
5.6%
Q3 25
5.1%
1.8%
Q2 25
3.9%
2.0%
Q1 25
4.4%
1.7%
Q4 24
4.7%
3.1%
Q3 24
4.3%
2.3%
Q2 24
3.8%
2.2%
Cash Conversion
DGX
DGX
SWK
SWK
Q1 26
0.99×
Q4 25
1.90×
Q3 25
2.30×
4.30×
Q2 25
1.93×
2.10×
Q1 25
1.43×
-4.65×
Q4 24
2.09×
3.48×
Q3 24
1.58×
3.14×
Q2 24
1.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DGX
DGX

Segment breakdown not available.

SWK
SWK

Tools And Outdoor Segment$3.3B87%
Engineered Fastening Segment$500.5M13%

Related Comparisons