Labcorp Holdings (LH) Debt Ratio (2009 - 2026)
Labcorp Holdings' Debt Ratio came in at 0.32 for Q2 2026, up 2.4% from 0.31 a year earlier but down 4.7% from the prior quarter.
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Analysis
Labcorp Holdings (LH) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Labcorp Holdings' Debt Ratio was 0.30, down 11.9% from FY2024.
- Going back by year, Debt Ratio was 0.34 in FY2024 (+14.0%), 0.30 in FY2023 (+14.1%), 0.26 in FY2022 (-0.3%) and 0.27 in FY2021 (-8.0%).
- The five-year range for quarterly Debt Ratio is 0.26 (Q3 2021) to 0.36 (Q3 2024).
- Year-over-year, Debt Ratio increased in six of the last eight quarters, with growth averaging 1.4%.
- The fastest year-over-year change in Debt Ratio over five years came in Q3 2023 (growth of 19.2%), and the weakest in Q3 2021 (a decline of 16.0%).
- Business Quant data shows LH's Debt Ratio at 0.33 (Q1 2026), 0.30 (Q4 2025) and 0.31 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.27 Bn | 99.28 Bn | - | 0.79 |
| 2 | Natera | 57.26 Bn | 52.94 Bn | 485.19 Mn | 0.03 |
| 3 | Labcorp Holdings | 25.94 Bn | 23.68 Bn | 1.11 Bn | 0.32 |
| 4 | Quest Diagnostics | 25.93 Bn | 24.06 Bn | 1.03 Bn | 0.33 |
| 5 | Tenet Healthcare | 22.63 Bn | 11.63 Bn | - | 0.43 |
| 6 | Guardant Health | 21.64 Bn | 17.70 Bn | 219.03 Mn | - |
| 7 | BrightSpring Health Services | 13.00 Bn | 11.33 Bn | 492.75 Mn | 0.37 |
| 8 | Tempus AI | 12.45 Bn | 9.48 Bn | 246.50 Mn | - |
| 9 | Fresenius Medical Care AG | 12.44 Bn | 4.40 Bn | 1.52 Bn | 15.11 |
| 10 | Encompass Health | 12.44 Bn | 12.10 Bn | - | 0.35 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.32 |
| Mar 31, 2026 | 0.33 |
| Dec 31, 2025 | 0.30 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.31 |
| Mar 31, 2025 | 0.32 |
| Dec 31, 2024 | 0.34 |
| Sep 30, 2024 | 0.36 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.30 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.30 |
| Mar 31, 2023 | 0.27 |
| 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 |
API Access
Labcorp Holdings Debt Ratio 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=debt-ratio&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();