Labcorp Holdings (LH) Debt Ratio (2009 - 2026)

Labcorp Holdings' (LH) quarterly Debt Ratio came in at 0.33 in Q1 2026, up 4.91% year-on-year from 0.32 in Q1 2025, and up 9.29% quarter-over-quarter from 0.3 in Q4 2025.

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

Labcorp Holdings has disclosed Debt Ratio across 18 years of filings, most recently posting 0.33 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.33, up 4.91% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.33 (up 4.91% YoY), and the FY2025 annual result was 0.3, down 11.86% from the prior year.
  • Debt Ratio came in at 0.33 for Q1 2026 at Labcorp Holdings, up from 0.3 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.34 in Q4 2024 to a low of 0.18 in Q2 2024.
  • The 5-year median for Debt Ratio is 0.28 (2025), against an average of 0.27.
  • Across the five-year window, Debt Ratio tumbled 35.93% in 2024 and surged 71.59% in 2025, its largest moves.
  • Labcorp Holdings' Debt Ratio stood at 0.26 in 2022, then gained by 14.06% to 0.3 in 2023, then gained by 13.99% to 0.34 in 2024, then declined by 11.86% to 0.3 in 2025, then rose by 9.29% to 0.33 in 2026.
  • The last three Debt Ratio figures came in at 0.33 (Q1 2026), 0.3 (Q4 2025), and 0.28 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 0.38
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 0.22
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 0.25
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 0.02
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 0.53
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 0.01
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 0.23
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 0.61
10 Labcorp Holdings 21.55 Bn 20.59 Bn 1.01 Bn 0.33

Historic Data

Download Data
DateValue
Mar 31, 2026 0.33
Dec 31, 2025 0.30
Sep 30, 2025 0.28
Jun 30, 2025 0.28
Mar 31, 2025 0.32
Dec 31, 2024 0.34
Sep 30, 2024 0.29
Jun 30, 2024 0.18
Mar 31, 2024 0.18
Dec 31, 2023 0.30
Sep 30, 2023 0.26
Jun 30, 2023 0.28
Mar 31, 2023 0.25
Dec 31, 2022 0.26
Sep 30, 2022 0.27
Jun 30, 2022 0.26
Mar 31, 2022 0.26
Dec 31, 2021 0.27
Sep 30, 2021 0.26
Jun 30, 2021 0.27