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) Return on equity

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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 −31.3%.

Return on equity, annual

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Annual newest first

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%
IDXX IDEXX Laboratories, Inc. compare 74.2%
ILMN Illumina, Inc. compare 32.4%
DGX Quest Diagnostics Incorporated compare 14.0%
LH Labcorp Holdings Inc. 11.7%
RVTY Revvity Inc. compare 3.21%
WAT Waters Corporation compare 1.92%
MTD Mettler-Toledo International, Inc. compare −736.4%
Diagnostics & Research industry median −2.92%
Healthcare sector median −31.3%
Market median 1.35%

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)

The full definition of Return on equity →

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