Labcorp Holdings (LH) Capital Expenditures (2009 - 2026)
Labcorp Holdings' Capital Expenditures was $131.6 million in Q2 2026, up 68.9% from $77.9 million a year earlier and up 8.8% from the prior quarter.
Labcorp Holdings (LH) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Labcorp Holdings' Capital Expenditures was $483.2 million through Jun 30, 2026, up 11.9% year-over-year; for FY2025, it was $434.5 million, down 11.3% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 2.6% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $489.9 million in FY2024 (+8.0%), $453.6 million in FY2023 (+5.7%), $429.3 million in FY2022 (+1.9%) and $421.5 million in FY2021 (+10.4%).
- The Q2 2026 figure marks the highest quarterly Capital Expenditures since Q1 2024.
- Compared with a year earlier, Capital Expenditures was higher in three of the last eight quarters, with an average year-over-year change of 0.0%.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2024 (growth of 71.1%); the worst was Q2 2025 (a decline of 39.2%).
- Per Business Quant data, LH's Capital Expenditures in the three quarters before Q2 2026 was $121 million (Q1 2026), $123.9 million (Q4 2025) and $106.7 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.81 Bn | 99.82 Bn | - | 1.23 Bn |
| 2 | Natera | 56.54 Bn | 52.22 Bn | 485.19 Mn | 63.43 Mn |
| 3 | Quest Diagnostics | 26.00 Bn | 24.13 Bn | 1.03 Bn | 138.00 Mn |
| 4 | Labcorp Holdings | 25.94 Bn | 23.68 Bn | 1.11 Bn | 131.60 Mn |
| 5 | Tenet Healthcare | 22.61 Bn | 11.62 Bn | - | 168.00 Mn |
| 6 | Guardant Health | 21.66 Bn | 17.72 Bn | 219.03 Mn | 11.76 Mn |
| 7 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 29.03 Mn |
| 8 | Fresenius Medical Care AG | 12.57 Bn | 4.52 Bn | 1.52 Bn | 279.43 Mn |
| 9 | Encompass Health | 12.47 Bn | 12.13 Bn | - | 220.30 Mn |
| 10 | Tempus AI | 12.33 Bn | 9.36 Bn | 246.50 Mn | 6.13 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 131.60 Mn |
| Mar 31, 2026 | 121.00 Mn |
| Dec 31, 2025 | 123.90 Mn |
| Sep 30, 2025 | 106.70 Mn |
| Jun 30, 2025 | 77.90 Mn |
| Mar 31, 2025 | 126.00 Mn |
| Dec 31, 2024 | 112.10 Mn |
| Sep 30, 2024 | 115.80 Mn |
| Jun 30, 2024 | 128.20 Mn |
| Mar 31, 2024 | 133.80 Mn |
| Dec 31, 2023 | 167.20 Mn |
| Sep 30, 2023 | 104.90 Mn |
| Jun 30, 2023 | 103.30 Mn |
| Mar 31, 2023 | 78.20 Mn |
| Dec 31, 2022 | 99.10 Mn |
| Sep 30, 2022 | 82.80 Mn |
| Jun 30, 2022 | 130.20 Mn |
| Mar 31, 2022 | 117.20 Mn |
| Dec 31, 2021 | 111.10 Mn |
| Sep 30, 2021 | 117.80 Mn |
Labcorp Holdings Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "LH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();