Labcorp Holdings (LH) FCF Margin (2009 - 2026)

Labcorp Holdings' (LH) quarterly FCF Margin came in at 1.99% in Q1 2026, up 521.0% year-on-year from 0.32% in Q1 2025, and down 85.71% quarter-over-quarter from 13.95% in Q4 2025.

Labcorp Holdings (LH) FCF Margin (2009 - 2026) Analysis & Trends

Labcorp Holdings has disclosed FCF Margin across 18 years of filings, most recently posting 1.99% for Q1 2026.

  • FCF Margin for Q1 2026 came in at 1.99%, up 521.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.78% (up 104.0% YoY), and the FY2025 annual result was 8.64%, up 22.0% from the prior year.
  • FCF Margin came in at 1.99% for Q1 2026 at Labcorp Holdings, down from 13.95% in the prior quarter.
  • In the past five years, FCF Margin ranged from a high of 19.98% in Q4 2024 to a low of 5.15% in Q1 2024.
  • The 5-year median for FCF Margin is 8.18% (2023), against an average of 8.72%.
  • Across the five-year window, FCF Margin tumbled 3581 bps in 2022 and jumped 638 bps in 2024, its largest moves.
  • Labcorp Holdings' FCF Margin stood at 18.93% in 2022, then fell by 28 bps to 13.6% in 2023, then surged by 47 bps to 19.98% in 2024, then sank by 30 bps to 13.95% in 2025, then sank by 86 bps to 1.99% in 2026.
  • The last three FCF Margin figures came in at 1.99% (Q1 2026), 13.95% (Q4 2025), and 7.87% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -3.31%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 7.41%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 18.23%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 22.61%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 10.95%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 11.83%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 2.59%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 23.01%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 12.92%
10 Labcorp Holdings 21.55 Bn 20.59 Bn 1.01 Bn 1.99%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.99%
Dec 31, 2025 13.95%
Sep 30, 2025 7.87%
Jun 30, 2025 15.39%
Mar 31, 2025 -3.21%
Dec 31, 2024 19.98%
Sep 30, 2024 4.92%
Jun 30, 2024 13.44%
Mar 31, 2024 -5.15%
Dec 31, 2023 13.60%
Sep 30, 2023 5.58%
Jun 30, 2023 8.18%
Mar 31, 2023 1.42%
Dec 31, 2022 18.93%
Sep 30, 2022 10.15%
Jun 30, 2022 15.13%
Mar 31, 2022 6.12%
Dec 31, 2021 54.74%
Sep 30, 2021 15.99%
Jun 30, 2021 10.15%