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

362.28 5.51 −1.50%
Market cap
$29.5B
P/E
29.5×
Fwd P/E
26.7×
Dividend yield
0.79%
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 5 November 2026, Labcorp Holdings Inc. (LH) trades at a P/E ratio of 29.5×. Over the past ten years it has ranged from 7.4× (December 2018) to 49.5× (January 2024); the current reading is higher than 85% of that period. That is below the Diagnostics & Research industry median of 34.5× and above the Healthcare sector median of 25.2×.

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× 239.34%
FY2022 14.6× 33.53%
FY2021 10.9× 0.17%
FY2020 10.9× (36.48%)
FY2019 17.2× 38.49%
FY2018 12.4× 10.75%
FY2017 11.2× (28.45%)
FY2016 15.6× (36.00%)

Quarterly newest first

Period P/E ratio Change
Sep 2026 25.1× 9.14%
Jun 2026 23.0× (2.04%)
Mar 2026 23.5× (1.33%)
Dec 2025 23.8× (14.93%)
43 more quarters

Against its own ten years

Low 7.4× High 49.5×
Ten-year median 18.5×
Current reading's percentile 84

P/E ratio against peers

Company P/E ratio
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 25.0×
LH Labcorp Holdings Inc. 29.5×
IQV IQVIA Holdings Inc. compare 31.8×
A Agilent Technologies, Inc. compare 33.8×
MEDP Medpace Holdings, Inc. compare 34.6×
ILMN Illumina, Inc. compare 35.6×
MTD Mettler-Toledo International, Inc. compare 37.6×
WAT Waters Corporation compare 194×
Diagnostics & Research industry median 34.5×
Healthcare sector median 25.2×
Market median 17.9×

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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