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.
- Revenue
- +6.92%
- EPS
- +3.18%
- Free cash flow
- +44.7%
- Total debt
- +3.21%
Quarter to September 2026, against a year earlier
Follow LH
Alert me
Labcorp Holdings Inc. (LH) Operating margin
Labcorp Holdings Inc.'s operating margin over the twelve months to 30 September 2026 was 10.3%, up 0.4 percentage points from fiscal 2025 (9.92%). Over the past ten years it has ranged from 5.97% (fiscal 2023) to 23.2% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Diagnostics & Research industry median of −5.68% and above the Healthcare sector median of 0.00%.
Operating margin, annual
Embed this chart
Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 9.92% | 1.57 |
| FY2024 | 8.35% | 2.38 |
| FY2023 | 5.97% | (6.14) |
| FY2022 | 12.1% | (11.10) |
| FY2021 | 23.2% | 5.72 |
| FY2020 | 17.5% | 5.98 |
| FY2019 | 11.5% | (0.19) |
| FY2018 | 11.7% | (0.96) |
| FY2017 | 12.7% | (0.64) |
| FY2016 | 13.3% | 1.82 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 10.6% | (1.55) |
| Jun 2026 | 12.1% | 1.34 |
| Mar 2026 | 10.8% | 3.15 |
| Dec 2025 | 7.61% | (3.52) |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| MTD Mettler-Toledo International, Inc. compare | 28.4% |
| A Agilent Technologies, Inc. compare | 22.2% |
| MEDP Medpace Holdings, Inc. compare | 21.4% |
| ILMN Illumina, Inc. compare | 21.2% |
| DGX Quest Diagnostics Incorporated compare | 14.6% |
| IQV IQVIA Holdings Inc. compare | 12.8% |
| LH Labcorp Holdings Inc. | 10.3% |
| WAT Waters Corporation compare | 4.73% |
| GH Guardant Health, Inc. compare | −39.4% |
| Diagnostics & Research industry median | −5.68% |
| Healthcare sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on LH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement