Pricing Log in Create free account

ICON PLC (ICLR) vs Labcorp Holdings Inc. (LH)

ICON PLC and Labcorp Holdings Inc. are both Diagnostics & Research companies. Labcorp Holdings Inc. is the larger, with a market value of $29.5B against $15.1B — 2.0× the size. Labcorp Holdings Inc. trades at the lower P/E: 29.5× against 34.5×. Labcorp Holdings Inc. grew revenue faster over the last twelve months: 6.02% against 1.82%. Labcorp Holdings Inc. has the higher net margin (6.88% vs 5.45%) and the higher return on invested capital (6.76% vs 3.84%). Across the 22 metrics below, Labcorp Holdings Inc. leads on 13 and ICON PLC on 9.

Valuation

Metric ICLR LH Diagnostics & Research median
P/E 34.48 29.53 34.52
P/S 1.88 2.01 4.24
P/B 1.70 3.32 3.42
Price to free cash flow 18.10 25.40 33.51
EV/EBITDA 17.86 15.61 23.44
EV/Sales 2.35 2.36 5.18
Earnings yield 2.90% 3.39% (1.50%)
Free cash flow yield 5.53% 3.94% 0.00%

Profitability

Metric ICLR LH Diagnostics & Research median
Gross margin 23.43% 28.96% 48.32%
Operating margin 8.72% 10.29% (5.68%)
Net margin 5.45% 6.88% (4.10%)
Free cash flow margin 10.41% 8.87% 0.00%
Return on equity 4.86% 11.45% 0.00%
Return on assets 2.74% 5.40% (6.05%)
Return on invested capital 3.84% 6.76% 0.00%

Growth

Metric ICLR LH Diagnostics & Research median
Revenue growth (TTM) 1.82% 6.02% 8.99%
EPS growth (last fiscal year) (67.42%) 18.33% 20.36%
Revenue growth, 5-year CAGR 24.15% (0.04%) 7.30%
Net income growth, 5-year CAGR (7.15%) (10.85%) 0.00%

Health

Metric ICLR LH Diagnostics & Research median
Debt to equity 0.37 0.60 0.01
Current ratio 1.32 1.41 2.27
Net debt to EBITDA 3.34 2.23 0.68

Dividend

Metric ICLR LH Diagnostics & Research median
Dividend yield — 0.79% 0.67%
Payout ratio — 0.24 0.20

Size

Metric ICLR LH Diagnostics & Research median
Market cap 15.11b 29.50b 2.22b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack