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/E ratio

Alert me on P/E ratio

As of 16 October 2026, Labcorp Holdings Inc. (LH) trades at a P/E ratio of 26.2×. Over the past ten years it has ranged from 7.4× (December 2018) to 49.5× (January 2024); the current reading is higher than 77% of that period. That is below the Diagnostics & Research industry median of 35.6× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 23.8× (7.72%)
FY2024 25.8× (47.87%)
FY2023 49.5× 237.41%
FY2022 14.7× 33.53%
FY2021 11.0× 0.17%
FY2020 11.0× (36.48%)
FY2019 17.3× 38.49%
FY2018 12.5× 10.76%
FY2017 11.3× (28.45%)
FY2016 15.7× (35.64%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 23.0× (2.04%)
Mar 2026 23.5× (1.33%)
Dec 2025 23.8× (14.93%)
Sep 2025 28.0× (2.58%)
42 more quarters

Against its own ten years

Low 7.4× High 49.5×
Ten-year median 18.5×
Current reading's percentile 75

P/E ratio against peers

Company P/E ratio
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 24.6×
LH Labcorp Holdings Inc. 26.2×
MEDP Medpace Holdings, Inc. compare 35.6×
MTD Mettler-Toledo International, Inc. compare 36.4×
IDXX IDEXX Laboratories, Inc. compare 39.1×
ILMN Illumina, Inc. compare 48.4×
RVTY Revvity Inc. compare 72.7×
WAT Waters Corporation compare 109×
Diagnostics & Research industry median 35.6×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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