Superworth

Labcorp LH

Medical - Diagnostics & Research, Healthcare
$328.95
−0.30%
Market cap
$26.7B
PE
27.2×
10y median 19.4×
Forward PE
17.4×
10y median 13.3×
Price to sales
1.9×
EV/EBIT
21.6×
Revenue, 12 months
$14.3B
+6% on a year ago
Net margin
7.0%
Free cash flow yield
4.3%

Labcorp trades at 27.2× trailing earnings, pricier than 73% of the last ten years. Revenue was $14.3B over the last twelve months, up 6% on a year earlier with a 7% net margin.

Charts

Financials

Income statement for LH, by quarter
Income statementQ3 FY23Q4 FY23Q1 FY24Q2 FY24Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
$3.1B+7%$3B−17%$3.2B+5%$3.2B+6%$3.3B+7%$3.3B+10%$3.3B+5%$3.5B+10%$3.6B+9%$3.5B+6%$3.5B+6%$3.7B+6%
Cost of revenue$2.2B+11%$2.2B−18%$2.3B+4%$2.3B+5%$2.4B+8%$2.4B+10%$2.4B+5%$2.5B+8%$2.5B+7%$2.5B+4%$2.5B+5%$2.6B+6%
Gross profit$851.2M−4%$821.4M−15%$897.3M+6%$926.4M+10%$904.4M+6%$896.3M+9%$948M+6%$1B+13%$1B+13%$993.2M+11%$1B+7%$1.1B+6%
SG&A$525.5M+16%$532.9M−1%$508.4M+11%$557.8M+10%$568.6M+8%$595.2M+12%$546M+7%$579.3M+4%$552.4M−3%$538.6M−10%$551M+1%$577.2M−0%
$252.3M−33%−$122.8M$321.3M−3%$294.8M+11%$254.1M+1%$216.5M$326M+2%$394.5M+34%$396.6M+56%$267.6M+24%$380.8M+17%$451.6M+15%
Interest expense$50.3M+9%$48.8M−1%$46.9M−8%$47.6M−4%$50.4M+0%$63.4M+30%$56M+19%$57.1M+20%$56M+11%$55M−13%$55.1M−2%$61.1M+7%
Pre-tax income$238.7M−24%−$147.1M$297.4M+9%$267.7M+31%$210.6M−12%$183.8M$275.2M−8%$304.7M+14%$337M+60%$190.6M+4%$319.7M+16%$386.4M+27%
$55.1M+44%$19.7M$69.1M+8%$62.1M+25%$41M−26%$40.2M+104%$62.2M−10%$66.4M+7%$75.5M+84%$25.7M−36%$41.7M−33%$87.3M+32%
Net income$183.3M−48%−$167.1M$228M+7%$205.3M+9%$169.3M−8%$143.4M$212.8M−7%$237.9M+16%$261.1M+54%$164.7M+15%$277.8M+31%$298.7M+26%
$2.11−46%−$1.97$2.69+13%$2.43+15%$2.00−5%$1.71$2.52−6%$2.84+17%$3.12+56%$1.98+16%$3.35+33%$3.64+28%
87M−4%84.7M−5%84.7M−5%84.3M−5%84.4M−3%84.1M−1%84.3M−1%83.9M−1%83.7M−1%83.2M−1%82.9M−2%82M−2%

EPS, diluted: Q4 FY08 and Q4 FY09: quarter's net income to common over its shares, to the cent, the shares from counts implied by EPS, near the year's EPS less the nine months'. 14 periods, Q4 FY14 to Q4 FY25: quarter's net income to common over its shares, to the cent.

Diluted shares: 3 periods, Q2 FY08 to Q1 FY09: not printed by the filing, worked out from its own lines. 16 periods, Q4 FY09 to Q4 FY25: share-days: the 12-month average less the 9-month, weighted by days. Q2 FY13: share-days: the 6-month average less the 3-month, weighted by days. Q4 FY23: a loss quarter: its basic count, share-days: the 12-month average less the 9-month, weighted by days.

From each company's 10-Q and 10-K filings, the newest version of each figure. Quarters are as filed (a fourth quarter is the year less its first nine months), fiscal years as the 10-K prints them, restated where a later 10-K restated them, and balance sheet lines as of the period's end. A quarter whose 10-Q isn't filed yet is from the company's results release. Growth is on the same period a year earlier. A dash is a period with no figure for the line: the filing doesn't print it, or it hasn't been read yet.

Estimates

Next earnings report: .

QuarterRevenueRangeEPSRangeAnalysts
Q3 FY26$3.8B$3.7B to $3.8B$4.64$4.62 to $4.6610
Q4 FY26$3.7B$3.7B to $3.7B$4.47$4.44 to $4.5310
Q1 FY27$3.7B$3.7B to $3.7B$4.59$4.55 to $4.628
Q2 FY27$3.9B$3.9B to $3.9B$5.23$5.18 to $5.268
Q3 FY27$3.9B$3.9B to $4B$5.05$5.00 to $5.088
Q4 FY27$3.9B$3.9B to $3.9B$4.90$4.86 to $4.938
Q1 FY28$3.9B$3.8B to $3.9B$4.92$4.88 to $4.959
Q2 FY28$4B$4B to $4.1B$5.46$5.41 to $5.509

Peers

Companies in Medical - Diagnostics & Research nearest Labcorp's size, closest first.

CompanyMarket capPEIts 10y median PEFwd PEP/SRevenue growthNet margin
LHLabcorp$26.7B27.2×19.4×17.4×1.9×+6%7.0%
DGXQuest Diagnostics$26.7B25.7×19.3×n/m2.3×+9%9.2%
MTDMettler-Toledo International$33.5B37.6×36.5×33.9×8.1×+7%21.9%
MEDPMedpace$18.7B39.2×34.5×n/m6.7×+25%17.7%
RVTYRevvity$17.7B75.6×34.8×n/m6.1×+4%8.2%
ILMNIllumina$40.7B50.1×51.4×47.2×9.1×+5%18.4%
IDXXIDEXX Laboratories$44.1B39.4×55.0×35.9×9.7×+13%25.0%
WATWaters$44.6B113×29.2×29.2×9.6×+52%3.6%
IQVIQVIA$46B34.7×34.9×20.5×2.7×+8%8.1%
AAgilent Technologies$48.8B34.0×33.1×26.4×6.6×+9%19.5%
BIOBio-Rad Laboratories$9.9B44.8×30.8×n/m3.8×+1%8.6%
Peer median$37.1B39.3×34.7×31.5×6.7×+8%13.4%

More on Labcorp

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Industry
Medical - Diagnostics & Research
Sector
Healthcare

Valuation data, not investment advice. Prices as of .