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) P/B ratio

Alert me on 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

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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

Against its own ten years

Low 1.2× High 3.3×
Ten-year median 2.2×
Current reading's percentile 99

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))

The full definition of P/B ratio →

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