Labcorp Holdings Inc.

LH Healthcare Diagnostics & Research

Labcorp Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.0 billion, up 7.25% from fiscal 2024. In the quarter to June 2026, revenue grew 5.78%, EPS grew 28.4%, free cash flow fell 42.0% and total debt rose 15.1%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years, revenue growth for three.

318.66 6.41 −1.97%
Market cap
$26.4B
P/E
26.2×
Fwd P/E
19.0×
Dividend yield
0.90%
F-score
8/9
Altman Z
3.02
Beneish M
−2.55
Dividend safety
74/100

Labcorp Holdings Inc. (LH) Debt to equity

Alert me on Debt to equity

Labcorp Holdings Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 0.7×, up 0.1× from fiscal 2025 (0.6×). Over the past ten years it has ranged from 0.5× (fiscal 2022) to 1.2× (fiscal 2015); the current reading is higher than 45% of that period. That is above the Diagnostics & Research industry median of 0.1× and above the Healthcare sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.6× (11.04%)
FY2024 0.7× 27.89%
FY2023 0.5× 3.47%
FY2022 0.5× (5.27%)
FY2021 0.5× (8.18%)
FY2020 0.6× (24.96%)
FY2019 0.8× (10.33%)
FY2018 0.9× (7.06%)
FY2017 0.9× (3.13%)
FY2016 1.0× (19.86%)

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.7× 1.81%
Mar 2026 0.7× 13.11%
Dec 2025 0.6× 0.91%
Sep 2025 0.6× (2.50%)
42 more quarters

Against its own ten years

Low 0.5× High 1.2×
Ten-year median 0.7×
Current reading's percentile 45

Debt to equity against peers

Company Debt to equity
GH Guardant Health, Inc. compare −6.7×
MEDP Medpace Holdings, Inc. compare 0.0×
IDXX IDEXX Laboratories, Inc. compare 0.3×
WAT Waters Corporation compare 0.3×
RVTY Revvity Inc. compare 0.4×
ILMN Illumina, Inc. compare 0.5×
LH Labcorp Holdings Inc. 0.7×
DGX Quest Diagnostics Incorporated compare 0.7×
MTD Mettler-Toledo International, Inc. compare 165×
Diagnostics & Research industry median 0.1×
Healthcare sector median 0.0×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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