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Saturday 17 October 2026 Export LH’s income statement to Excel — free account

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
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Labcorp Holdings Inc. (LH) Gross margin

Alert me on Gross margin

Labcorp Holdings Inc.'s gross margin over the twelve months to 30 June 2026 was 28.9%, up 0.1 percentage points from fiscal 2025 (28.8%). Over the past ten years it has ranged from 27.7% (fiscal 2023) to 38.0% (fiscal 2021); the current reading is higher than 45% of that period. That is below the Diagnostics & Research industry median of 50.9% and below the Healthcare sector median of 53.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 28.8% 0.90
FY2024 27.9% 0.19
FY2023 27.7% (3.59)
FY2022 31.3% (6.75)
FY2021 38.0% 2.58
FY2020 35.4% 7.28
FY2019 28.2% 0.12
FY2018 28.0% (1.96)
FY2017 30.0% 0.11
FY2016 29.9% (3.57)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 29.8% 1.14
Mar 2026 28.7% 0.41
Dec 2025 28.3% (0.52)
Sep 2025 28.8% (0.89)
42 more quarters

Against its own ten years

Low 27.7% High 38.0%
Ten-year median 29.9%
Current reading's percentile 52

Gross margin against peers

Company Gross margin
MEDP Medpace Holdings, Inc. compare 72.4%
ILMN Illumina, Inc. compare 66.4%
GH Guardant Health, Inc. compare 65.0%
IDXX IDEXX Laboratories, Inc. compare 62.5%
MTD Mettler-Toledo International, Inc. compare 60.3%
RVTY Revvity Inc. compare 55.0%
WAT Waters Corporation compare 50.9%
DGX Quest Diagnostics Incorporated compare 33.1%
LH Labcorp Holdings Inc. 28.9%
Diagnostics & Research industry median 50.9%
Healthcare sector median 53.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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