Labcorp Holdings (LH) EBIT Margin (2009 - 2026)
Labcorp Holdings (LH) reported EBIT Margin of 12.10% for Q2 2026, up 0.92 percentage points from 11.18% a year earlier and up 1.34 percentage points from the prior quarter.
Labcorp Holdings (LH) EBIT Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Labcorp Holdings' EBIT Margin came in at 10.43%, up 1.60 percentage points year-over-year; for FY2025, it was 9.92%, up 1.57 percentage points from FY2024.
- EBIT Margin has a five-year change of -7.57 percentage points (FY2020 to FY2025).
- By year, EBIT Margin came in at 8.35% in FY2024 (+2.39 pp), 5.97% in FY2023 (-6.14 pp), 12.11% in FY2022 (-11.10 pp) and 23.21% in FY2021 (+5.71 pp).
- The Q2 2026 figure ranks as the highest quarterly EBIT Margin since Q3 2022.
- Year over year, EBIT Margin has now increased in each of the last five quarters, with an average year-over-year change of +2.27 percentage points over the last eight quarters.
- The high point for year-over-year EBIT Margin in five years was Q4 2021 (a gain of 19.71 percentage points); the low point was Q4 2022 (a drop of 47.54 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.76% (Q1 2026), 7.61% (Q4 2025) and 11.13% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.44 Bn | 99.45 Bn | - | 15.29% |
| 2 | Natera | 57.11 Bn | 52.79 Bn | 485.19 Mn | -10.07% |
| 3 | Labcorp Holdings | 26.06 Bn | 23.80 Bn | 1.11 Bn | 12.10% |
| 4 | Quest Diagnostics | 26.00 Bn | 24.13 Bn | 1.03 Bn | 15.08% |
| 5 | Tenet Healthcare | 22.68 Bn | 11.68 Bn | - | 26.67% |
| 6 | Guardant Health | 21.65 Bn | 17.71 Bn | 219.03 Mn | -38.55% |
| 7 | BrightSpring Health Services | 12.99 Bn | 11.32 Bn | 492.75 Mn | 3.37% |
| 8 | Fresenius Medical Care AG | 12.48 Bn | 4.43 Bn | 1.52 Bn | 9.58% |
| 9 | Encompass Health | 12.45 Bn | 12.11 Bn | - | 18.43% |
| 10 | Tempus AI | 12.38 Bn | 9.41 Bn | 246.50 Mn | -19.85% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.10% |
| Mar 31, 2026 | 10.76% |
| Dec 31, 2025 | 7.61% |
| Sep 30, 2025 | 11.13% |
| Jun 30, 2025 | 11.18% |
| Mar 31, 2025 | 9.75% |
| Dec 31, 2024 | 6.50% |
| Sep 30, 2024 | 7.74% |
| Jun 30, 2024 | 9.15% |
| Mar 31, 2024 | 10.11% |
| Dec 31, 2023 | -4.05% |
| Sep 30, 2023 | 8.25% |
| Jun 30, 2023 | 8.78% |
| Mar 31, 2023 | 10.86% |
| Dec 31, 2022 | 0.97% |
| Sep 30, 2022 | 13.05% |
| Jun 30, 2022 | 14.67% |
| Mar 31, 2022 | 17.64% |
| Dec 31, 2021 | 48.51% |
| Sep 30, 2021 | 18.88% |
Labcorp Holdings EBIT Margin 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=ebit-margin&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();