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LH

S&P 500
Favorable · 58/100

Labcorp

Health Care
Health Care Services

$254.43

0.5%

Updated Today 7:15 PM ET

Price — Past Year

▼ Down 2.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$20.98B

P/E

22.33x

Forward P/E (est.)

17.15x

ROE

10.9%

Revenue Growth

7.3%

EPS Growth

30.2%

Profit Margin

6.7%

FCF Yield

5.2%

Debt / Equity

0.66x

ROIC

7.0%

Interest Coverage

6.18x

Current Ratio

1.73x

Dividend Yield

1.1%

Implied Growth (rev. DCF)

3.1%

Rating Score

58/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what LH's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. LH trades near $254.43, below its 50-day average ($261.54) and 200-day average ($267.57). Price below both averages is a downtrend — momentum is against buyers for now.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 46 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. LH's is $5.87 (~2.3% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month LH found buyers near $250.58 (support) and sellers near $275.00 (resistance); its 52-week range is $241.81–$293.72. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Labcorp (LH) is a large-cap company in the Health Care Services industry, part of the Health Care sector of the S&P 500, with a market value around $20.98B.

In its latest reported year it generated about $13.95B in revenue and $876.50M in net profit.

Our model rates LH Favorable (58/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

1.5%

Revenue moved from $13.14B in 2021 to $13.95B in 2025, a 1.5% compound annual growth rate. The most recent year grew a steady 7.3% year over year. Slower, mature growth is common for established businesses.

Profitability
Research

Gross Margin

28.8%

Operating Margin

9.9%

Net Margin

6.3%

ROE

10.9%

Labcorp keeps about 6.7% of each sales dollar as net profit, with a 28.8% gross margin and 9.9% operating margin. Return on equity is 10.9% and return on invested capital about 7.0%. Margins are moderate — typical of a competitive but profitable business.

Debt Analysis
Research

Total Debt

$6.21B

Net Debt

$5.22B

Net Debt / EBITDA

3.77x

Debt / Equity

0.66x

Leverage: debt-to-equity is 0.7x, and operating profit covers interest about 6.2x, with a current ratio of 1.7x. That is a moderate, manageable debt load for most businesses. It carries roughly $6.21B of total debt against $981.10M of cash.

Cash Flow Analysis
Research

Operating CF

$1.64B

Free Cash Flow

$1.21B

FCF Margin

8.6%

In the latest year Labcorp produced about $1.64B of operating cash flow and $1.21B of free cash flow after capital spending. That is a free-cash-flow yield of about 5.2% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

22.33x

P/S

1.56x

P/B

2.33x

EV / EBITDA

13.04x

LH trades at 22.3x trailing earnings (about 17.2x on estimated forward earnings), 1.6x sales, and 2.3x book value. Reverse-engineering today's price implies the market expects roughly 3.1% long-term free-cash-flow growth. That is a fairly typical valuation for a profitable company.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
22.3xFair
Forward P/E
17.2xFair
P/S ratio
1.6xCheap
Revenue growth
7.3%Strong
EPS growth
30.2%Strong
Gross margin
28.8%Weak
Net margin
6.7%Weak
ROE
10.9%Weak

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How LH stacks up against its Health Care peers — valuation, profitability, and growth versus the sector median.

In the Health Care sector (59 S&P 500 companies), LH ranks #22 of 59 by our overall rating. It trades at roughly in line versus the sector on earnings (22.3x P/E vs. 25.4x median) with a lower return on equity (10.9% vs. 14.9%) and slower revenue growth (7.3% vs. 7.9%).

P/E vs sector

22.3x

median 25.4x

ROE vs sector

10.9%

median 14.9%

Growth vs sector

7.3%

median 7.9%

Sector rank

#22

of 59 by rating

CompanyP/ERev Gr.Rating
LHThis stock22.3x7.3%Favorable· 58
DGX21x11.0%Neutral· 57
DVA17.1x6.7%Neutral· 53
CI11.7x8.8%Favorable· 60
CVS42.5x7.6%Weak· 32
STE25.3x8.7%Favorable· 59
INCY13.7x21.5%Strong· 86
MTD26.6x6.8%Neutral· 52
Health Care median25.4x7.9%52/100

Valuation vs. quality map

sector medianDGXDVACICVSSTEINCYMTDLHP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Health Care companies by sub-industry and size. Sector median is across all 59 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$186.13$315.00

vs. $254.43 today · expected CAGR -6%4%

Metric20262027202820292030
Revenue$14.93B$15.97B$17.09B$18.29B$19.57B
Net income$895.70M$958.40M$1.03B$1.10B$1.17B
EPS$10.92$11.69$12.51$13.38$14.32
Share price (low)$142.00$151.94$162.58$173.96$186.13
Share price (high)$240.31$257.13$275.13$294.39$315.00
CAGR (low–high)-44% / -6%-23% / 1%-14% / 3%-9% / 4%-6% / 4%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for LH:

  • Healthy free-cash-flow yield (~5.2%) funds buybacks and dividends.
  • Our model's overall read is Favorable (58/100).
Bear Case

The case against LH:

  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Labcorp is a large-cap health care business growing at a mature pace, with modest profitability, and a sound balance sheet. It trades at 22.3x earnings, which our model scores Favorable (58/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.