Labcorp Holdings (LH) Debt Ratio (2009 - 2026)
Labcorp Holdings (LH) posted Debt Ratio of 0.33 for Q1 2026, up 9.29% sequentially from 0.3 in Q4 2025, and up 4.91% YoY from 0.32 in Q1 2025.
Labcorp Holdings (LH) Debt Ratio (2009 - 2026) Analysis & Trends
Labcorp Holdings has reported Debt Ratio for 18 years, with the latest figure at 0.33 in Q1 2026.
- Quarterly Debt Ratio rose 4.91% year-over-year to 0.33 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.33 (up 4.91% YoY) and the FY2025 annual result came in at 0.3, down 11.86% from the prior year.
- Debt Ratio improved to 0.33 in Q1 2026 per LH's latest filing, from 0.3 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.34 in Q4 2024 and troughed at 0.18 in Q2 2024.
- A 5-year average of 0.27 and a median of 0.28 in 2025 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio tumbled 35.93% in 2024, then jumped 71.59% in 2025.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then climbed by 14.06% to 0.3 in 2023, then climbed by 13.99% to 0.34 in 2024, then retreated by 11.86% to 0.3 in 2025, then advanced by 9.29% to 0.33 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 0.33, 0.3, and 0.28 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 209.29 Bn | 205.35 Bn | 8.34 Bn | 0.40 |
| 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 | 0.24 |
| 4 | Agilent Technologies | 39.29 Bn | 37.48 Bn | 990.00 Mn | 0.26 |
| 5 | Natera | 39.28 Bn | 38.18 Bn | 696.04 Mn | 0.01 |
| 6 | Iqvia Holdings | 37.90 Bn | 35.95 Bn | 1.44 Bn | 0.54 |
| 7 | Illumina | 30.65 Bn | 29.49 Bn | 770.00 Mn | 0.22 |
| 8 | Mettler Toledo International | 28.92 Bn | 28.87 Bn | 650.22 Mn | 0.58 |
| 9 | Quest Diagnostics | 25.96 Bn | 25.64 Bn | 1.03 Bn | 0.33 |
| 10 | Labcorp Holdings | 25.71 Bn | 24.73 Bn | 1.01 Bn | 0.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 0.31 |
| Jun 30, 2021 | 0.31 |