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.
Follow LH
Labcorp Holdings Inc. (LH) P/B ratio
As of 16 October 2026, Labcorp Holdings Inc. (LH) trades at a P/B ratio of 3.0×. Over the past ten years it has ranged from 1.2× (March 2020) to 3.3× (March 2015); the current reading is higher than 98% of that period. That is in line with the Diagnostics & Research industry median of 3.1× and above the Healthcare sector median of 2.3×.
P/B ratio, daily
Embed this chart
Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 2.4× | 1.34% |
| FY2024 | 2.4× | (7.11%) |
| FY2023 | 2.6× | 39.55% |
| FY2022 | 1.8× | (27.46%) |
| FY2021 | 2.5× | 40.92% |
| FY2020 | 1.8× | (4.11%) |
| FY2019 | 1.9× | 19.09% |
| FY2018 | 1.6× | (24.75%) |
| FY2017 | 2.1× | 1.66% |
| FY2016 | 2.1× | (2.73%) |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 2.7× | 5.65% |
| Mar 2026 | 2.5× | 3.89% |
| Dec 2025 | 2.4× | (11.72%) |
| Sep 2025 | 2.7× | 6.15% |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| GH Guardant Health, Inc. compare | n/m |
| RVTY Revvity Inc. compare | 2.4× |
| WAT Waters Corporation compare | 2.8× |
| LH Labcorp Holdings Inc. | 3.0× |
| DGX Quest Diagnostics Incorporated compare | 3.3× |
| ILMN Illumina, Inc. compare | 13.9× |
| IDXX IDEXX Laboratories, Inc. compare | 27.4× |
| MEDP Medpace Holdings, Inc. compare | 40.2× |
| MTD Mettler-Toledo International, Inc. compare | 2,546× |
| Diagnostics & Research industry median | 3.1× |
| Healthcare sector median | 2.3× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on LH
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S 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