Labcorp Holdings LH
NYSE LH
$336.49 +0.77 (+0.23%)
As of: Aug 27, 2026 · 3:59 PM EDT

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 234.15 Bn 230.09 Bn 8.34 Bn 0.41
2 Danaher 152.10 Bn 147.75 Bn 3.61 Bn 0.29
3 Natera 48.48 Bn 47.38 Bn 486.15 Mn 1.03
4 Agilent Technologies 44.35 Bn 42.55 Bn 990.00 Mn 0.56
5 Iqvia Holdings 43.68 Bn 41.60 Bn 1.44 Bn 0.57
6 Idexx Laboratories 43.02 Bn 42.83 Bn 779.09 Mn 1.33
7 Illumina 34.39 Bn 33.22 Bn 770.00 Mn 0.68
8 Mettler Toledo International 28.29 Bn 28.24 Bn 650.22 Mn 1.13
9 Labcorp Holdings 27.51 Bn 27.37 Bn 1.11 Bn 0.76
10 Quest Diagnostics 27.10 Bn 26.47 Bn 1.03 Bn 0.69

Historic Data

Download Data
DateValue
Jun 30, 2026 0.76
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