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) Price to free cash flow

Alert me on Price to free cash flow

As of 5 November 2026, Labcorp Holdings Inc. (LH) trades at a price to free cash flow of 25.4×. Over the past ten years it has ranged from 7.6× (April 2021) to 34.3× (April 2024); the current reading is higher than 90% of that period. That is below the Diagnostics & Research industry median of 33.5× and above the Healthcare sector median of 21.1×.

Price to free cash flow, daily

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Annual newest first

Period Price to free cash flow Change
FY2025 19.4× (3.22%)
FY2024 20.0× (27.11%)
FY2023 27.5× 126.74%
FY2022 12.1× 29.59%
FY2021 9.4× (0.79%)
FY2020 9.4× (30.00%)
FY2019 13.5× 19.84%
FY2018 11.2× (5.87%)
FY2017 11.9× 0.34%
FY2016 11.9× (17.49%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 21.6× (2.52%)
Jun 2026 22.2× 27.27%
Mar 2026 17.4× (10.26%)
Dec 2025 19.4× 1.18%
43 more quarters

Against its own ten years

Low 7.6× High 34.3×
Ten-year median 13.7×
Current reading's percentile 90

Price to free cash flow against peers

Company Price to free cash flow
GH Guardant Health, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 20.3×
IQV IQVIA Holdings Inc. compare 21.0×
LH Labcorp Holdings Inc. 25.4×
MEDP Medpace Holdings, Inc. compare 26.6×
ILMN Illumina, Inc. compare 30.4×
A Agilent Technologies, Inc. compare 38.2×
MTD Mettler-Toledo International, Inc. compare 39.1×
WAT Waters Corporation compare 173×
Diagnostics & Research industry median 33.5×
Healthcare sector median 21.1×
Market median 14.1×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

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