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 (LH) has 18 years of Debt Ratio data on file, last reported 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.
  • The five-year high for Debt Ratio was 0.34 in Q4 2024, with the low at 0.18 in Q2 2024.
  • Average Debt Ratio over 5 years is 0.27, with a median of 0.28 recorded in 2025.
  • Year-over-year, Debt Ratio sank 35.93% in 2024 and soared 71.59% in 2025.
  • Labcorp Holdings' Debt Ratio stood at 0.26 in 2022, then grew by 14.06% to 0.3 in 2023, then grew by 13.99% to 0.34 in 2024, then decreased by 11.86% to 0.3 in 2025, then climbed by 9.29% to 0.33 in 2026.
  • Business Quant data shows LH's Debt Ratio at 0.33 in Q1 2026, 0.3 in Q4 2025, and 0.28 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.38
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.22
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.25
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 0.01
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.02
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.53
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.23
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 0.61
10 Labcorp Holdings 2.10 Bn 1.14 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