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| 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 | 0.26 |
| Jun 30, 2021 | 0.27 |