Labcorp Financial Ratios
NYSE: LHHealth CareMedical SpecialitiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Labcorp ratio analysis
Labcorp earned a net margin of 6.3% in FY 2025, up from 5.7% a year earlier. Gross margin was 28.8% compared with a median of 29.9% over the prior 9 years. Return on equity reached 10.2%, meaning Labcorp generated 0.10 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.65 versus 0.79 the year before, and the current ratio was 1.42. At the end of FY 2025, LH traded at 24.1 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 11.0 to 47.6, with a median of 15.3. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Labcorp financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 24.06 | 25.92 | 47.65 | 14.48 | 11.07 | 11.01 | 17.21 | 12.77 | 11.60 | 16.17 |
| Price / sales | 1.50 | 1.48 | 1.63 | 1.55 | 1.99 | 1.22 | 1.22 | 0.98 | 1.36 | 1.18 |
| Price / book | 2.43 | 2.39 | 2.51 | 1.83 | 2.54 | 1.80 | 1.84 | 1.58 | 2.06 | 2.05 |
| Gross margin | 28.8% | 27.9% | 27.7% | 31.3% | 38.0% | 35.4% | 28.1% | 28.0% | 30.0% | 29.9% |
| Operating margin | 9.9% | 8.4% | 6.0% | 12.1% | 23.2% | 17.5% | 11.5% | 11.7% | 12.7% | 13.3% |
| Net margin | 6.3% | 5.7% | 3.4% | 10.8% | 18.1% | 11.1% | 7.1% | 7.8% | 11.9% | 7.5% |
| Free cash flow margin | 8.6% | 8.4% | 7.2% | 12.9% | 20.5% | 12.5% | 9.0% | 8.2% | 11.5% | 9.6% |
| Return on equity (ROE) | 10.2% | 9.3% | 5.3% | 12.7% | 23.1% | 16.5% | 10.8% | 12.5% | 18.0% | 12.9% |
| Return on assets (ROA) | 4.8% | 4.1% | 2.5% | 6.3% | 11.7% | 7.8% | 4.6% | 5.5% | 7.4% | 5.0% |
| Debt / equity | 0.65 | 0.79 | 0.64 | 0.53 | 0.53 | 0.61 | 0.81 | 0.85 | 0.99 | 1.06 |
| Current ratio | 1.42 | 1.44 | 1.17 | 1.50 | 1.92 | 1.66 | 1.12 | 1.51 | 1.25 | 1.36 |
| Revenue growth | 7.2% | 7.0% | 2.5% | -9.7% | -6.0% | 21.0% | 2.0% | 9.9% | 7.9% | 10.1% |
| EPS growth | 18.3% | 85.3% | -65.9% | -42.7% | 53.6% | 90.2% | -3.0% | -27.1% | 73.2% | 56.8% |