Labcorp Holdings Inc. LH
309.64
0.69
0.22%
as of 25 Sep
- Market cap
- $21.9B
- P/E
- 25.4×
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Labcorp Holdings Inc. (LH) Return on equity
Labcorp Holdings Inc.'s return on equity over the twelve months to 30 June 2026 was 11.7%, up 1.2 percentage points from fiscal 2025 (10.5%). Over the past ten years it has ranged from 4.65% (fiscal 2023) to 24.1% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Diagnostics & Research industry median of −2.92% and above the Healthcare sector median of −32.0%.
Return on equity, annual
Annual
| Period | Return on equity | Change (points) |
|---|---|---|
| FY2025 | 10.5% | 1.14 |
| FY2024 | 9.37% | 4.72 |
| FY2023 | 4.65% | (7.91) |
| FY2022 | 12.6% | (11.56) |
| FY2021 | 24.1% | 5.82 |
| FY2020 | 18.3% | 6.97 |
| FY2019 | 11.3% | (1.50) |
| FY2018 | 12.8% | (7.11) |
| FY2017 | 19.9% | 6.32 |
| FY2016 | 13.6% | 2.35 |
Against its own ten years
Low 4.65%
High 24.1%
Ten-year median
12.6%
Current reading's percentile
27
Return on equity against peers
| Company | Return on equity |
|---|---|
| GH Guardant Health, Inc. compare | 171.6% |
| MEDP Medpace Holdings, Inc. compare | 162.2% |
| DGX Quest Diagnostics Incorporated compare | 14.0% |
| LH Labcorp Holdings Inc. | 11.7% |
| RVTY Revvity Inc. compare | 3.21% |
| ICLR ICON PLC compare | 0.45% |
| CRL Charles River Laboratories International, Inc. compare | −7.69% |
| TWST Twist Bioscience Corporation compare | −29.6% |
| MTD Mettler-Toledo International, Inc. compare | −736.4% |
| Diagnostics & Research industry median | −2.92% |
| Healthcare sector median | −32.0% |
| Market median | 1.76% |
What Return on equity is
ROE shows how much profit a company earns for its shareholders on the equity they have in the business.
Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)
More on LH
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement