Labcorp Holdings (LH) Asset Utilization Ratio (2009 - 2026)

Labcorp Holdings (LH) posted Asset Utilization Ratio of 0.75 for Q1 2026, down 0.85% sequentially from 0.76 in Q4 2025, and up 3.05% YoY from 0.73 in Q1 2025.

Labcorp Holdings (LH) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Labcorp Holdings has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.75 in Q1 2026.

  • Quarterly Asset Utilization Ratio rose 3.05% year-over-year to 0.75 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.75 (up 3.05% YoY) and the FY2025 annual result came in at 0.76, up 2.38% from the prior year.
  • Asset Utilization Ratio slipped to 0.75 in Q1 2026 per LH's latest filing, from 0.76 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.76 in Q4 2025 and troughed at 0.53 in Q3 2022.
  • A 5-year average of 0.69 and a median of 0.72 in 2024 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio slumped 33.29% in 2022, then surged 30.27% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 0.63 in 2022, then advanced by 14.64% to 0.72 in 2023, then fell by 2.81% to 0.7 in 2024, then advanced by 8.23% to 0.76 in 2025, then decreased by 0.85% to 0.75 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.75, 0.76, and 0.76 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 209.29 Bn 205.35 Bn 8.34 Bn 0.41
2 Danaher 137.39 Bn 133.06 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.84 Bn 46.64 Bn 779.09 Mn 1.33
4 Agilent Technologies 39.29 Bn 37.48 Bn 990.00 Mn 0.56
5 Natera 39.28 Bn 38.18 Bn 696.04 Mn 1.00
6 Iqvia Holdings 37.90 Bn 35.95 Bn 1.44 Bn 0.57
7 Illumina 30.65 Bn 29.49 Bn 770.00 Mn 0.68
8 Mettler Toledo International 28.92 Bn 28.87 Bn 650.22 Mn 1.13
9 Quest Diagnostics 25.96 Bn 25.64 Bn 1.03 Bn 0.69
10 Labcorp Holdings 25.71 Bn 24.73 Bn 1.01 Bn 0.75

Historic Data

Download Data
DateValue
Mar 31, 2026 0.75
Dec 31, 2025 0.76
Sep 30, 2025 0.76
Jun 30, 2025 0.76
Mar 31, 2025 0.73
Dec 31, 2024 0.70
Sep 30, 2024 0.72
Jun 30, 2024 0.75
Mar 31, 2024 0.74
Dec 31, 2023 0.72
Sep 30, 2023 0.70
Jun 30, 2023 0.63
Mar 31, 2023 0.58
Dec 31, 2022 0.63
Sep 30, 2022 0.53
Jun 30, 2022 0.58
Mar 31, 2022 0.63
Dec 31, 2021 0.64
Sep 30, 2021 0.80
Jun 30, 2021 0.80