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
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 0.31
Jun 30, 2021 0.31