Labcorp Holdings (LH) EV to EBITDA (2009 - 2026)
Labcorp Holdings' EV to EBITDA was 10.27 in Q2 2026, down 9.6% from 11.36 a year earlier but up 4.1% from the prior quarter.
Labcorp Holdings (LH) EV to EBITDA (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Labcorp Holdings' EV to EBITDA was 9.31 through Jun 30, 2026, down 2.3% year-over-year; for FY2025, it came in at 9.73, down 4.4% from FY2024.
- In earlier years, EV to EBITDA was 10.18 in FY2024 (-28.5%), 14.24 in FY2023 (+60.2%), 8.89 in FY2022 (+29.6%) and 6.86 in FY2021 (+33.7%).
- Quarterly EV to EBITDA has moved between 4.63 (Q3 2021) and 14.24 (Q4 2023) over five years.
- Compared with a year earlier, EV to EBITDA has declined for seven straight quarters, with an average decline of 10.1% over the last eight quarters.
- The best year-over-year quarter for EV to EBITDA over five years was Q3 2023 (growth of 80.3%); the worst was Q3 2021 (a decline of 36.0%).
- Per Business Quant data, LH's EV to EBITDA in the three quarters before Q2 2026 was 9.87 (Q1 2026), 9.73 (Q4 2025) and 11.55 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 94.29 Bn | 93.74 Bn | - |
| 2 | Natera | 59.14 Bn | 54.82 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 26.23 Bn | 24.66 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 25.04 Bn | 22.81 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.69 Bn | 19.76 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.77 Bn | 11.92 Bn | - |
| 7 | Tempus AI | 14.91 Bn | 11.94 Bn | 246.50 Mn |
| 8 | Encompass Health | 12.24 Bn | 12.70 Bn | - |
| 9 | Davita | 11.39 Bn | 10.15 Bn | 1.16 Bn |
| 10 | BrightSpring Health Services | 11.17 Bn | 9.51 Bn | 492.75 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.27 |
| Mar 31, 2026 | 9.87 |
| Dec 31, 2025 | 9.73 |
| Sep 30, 2025 | 11.55 |
| Jun 30, 2025 | 11.36 |
| Mar 31, 2025 | 10.96 |
| Dec 31, 2024 | 10.18 |
| Sep 30, 2024 | 12.59 |
| Jun 30, 2024 | 12.45 |
| Mar 31, 2024 | 14.03 |
| Dec 31, 2023 | 14.24 |
| Sep 30, 2023 | 11.38 |
| Jun 30, 2023 | 10.64 |
| Mar 31, 2023 | 10.18 |
| Dec 31, 2022 | 8.53 |
| Sep 30, 2022 | 6.31 |
| Jun 30, 2022 | 5.99 |
| Mar 31, 2022 | 6.34 |
| Dec 31, 2021 | 6.86 |
| Sep 30, 2021 | 4.63 |
Labcorp Holdings EV to EBITDA 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=ev-to-ebitda&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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=ev-to-ebitda&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();