Labcorp Holdings Inc. LH

309.64 0.69 0.22% as of 25 Sep
Market cap
$21.9B
P/E
25.4×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Labcorp Holdings Inc. (LH) Return on invested capital

Labcorp Holdings Inc.'s return on invested capital over the twelve months to 30 June 2026 was 6.50%, down 0.0 percentage points from fiscal 2025 (6.54%). Over the past ten years it has ranged from 3.95% (fiscal 2023) to 13.3% (fiscal 2021); the current reading is higher than 64% of that period. That is above the Diagnostics & Research industry median of 0.00% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 6.54% 0.85
FY2024 5.69% 1.74
FY2023 3.95% (2.08)
FY2022 6.03% (7.29)
FY2021 13.3% 2.10
FY2020 11.2% 4.88
FY2019 6.34% (0.24)
FY2018 6.58% 0.22
FY2017 6.36% (1.30)
FY2016 7.66% 1.53

Against its own ten years

Low 3.95% High 13.3%
Ten-year median 6.36%
Current reading's percentile 64

Return on invested capital against peers

Company Return on invested capital
MTD Mettler-Toledo International, Inc. compare 35.4%
DGX Quest Diagnostics Incorporated compare 7.94%
LH Labcorp Holdings Inc. 6.50%
RVTY Revvity Inc. compare 2.38%
ICLR ICON PLC compare 1.57%
CRL Charles River Laboratories International, Inc. compare 1.07%
MEDP Medpace Holdings, Inc. compare 0.00%
TWST Twist Bioscience Corporation compare −30.8%
GH Guardant Health, Inc. compare −129.7%
Diagnostics & Research industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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