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LH

Labcorp Holdings Inc.

LHHealthcareNASDAQ

Diagnostics & Research · Last scanned May 29, 2026

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Financials · Annual
Revenue
$13.95B
+7.2% YoY
Net Income
$876.5M
+17.5% YoY
EBITDA
$2.01B
+11.1% YoY
Free Cash Flow
$1.14B

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About Labcorp Holdings Inc.

Labcorp Holdings Inc. provides laboratory services. With a market capitalization of $21.55B, it sits in large-cap territory. It operates through two segments, Diagnostics Laboratories and Biopharma Laboratory Services.

Key stats
Market Cap$21.55B
P/E (TTM)23.25
Fwd P/E13.51
EPS$11.30
Beta0.88
52W Change+5.5%
Dividend Yield1.10%
ROE11.1%
Analysis

On the balance sheet, LH has $981.1M in cash with $7.29B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Free cash flow comes in at $1.14B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. Return on equity stands at 11.1%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.3% suggests reasonable efficiency in deploying the company's asset base. Revenue has been uneven over recent years, ranging from $11.86B to $13.95B.

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Labcorp Holdings Inc.'s trajectory.

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