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

Labcorp Holdings (LH) posted FCF Margin of 1.99% for Q1 2026, down 85.71% sequentially from 13.95% in Q4 2025, and up 521.0% YoY from 0.32% in Q1 2025.

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

Labcorp Holdings has reported FCF Margin for 18 years, with the latest figure at 1.99% in Q1 2026.

  • Quarterly FCF Margin rose 521.0% year-over-year to 1.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.78% (up 104.0% YoY) and the FY2025 annual result came in at 8.64%, up 22.0% from the prior year.
  • FCF Margin declined to 1.99% in Q1 2026 per LH's latest filing, from 13.95% in the prior quarter.
  • Over five years, FCF Margin peaked at 19.98% in Q4 2024 and troughed at 5.15% in Q1 2024.
  • A 5-year average of 8.48% and a median of 8.18% in 2023 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin tumbled 3581 bps in 2022, then jumped 1051 bps in 2024.
  • Over 5 years, FCF Margin stood at 18.93% in 2022, then sank by 50 bps to 9.46% in 2023, then surged by 111 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.
  • According to Business Quant data, FCF Margin over the past three periods registered 1.99%, 13.95%, and 7.87% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Thermo Fisher Scientific 209.29 Bn 205.35 Bn 8.34 Bn 13.97%
2 Danaher 137.39 Bn 133.06 Bn 3.61 Bn 20.19%
3 Idexx Laboratories 46.84 Bn 46.64 Bn 779.09 Mn 26.51%
4 Agilent Technologies 39.29 Bn 37.48 Bn 990.00 Mn 10.95%
5 Natera 39.28 Bn 38.18 Bn 696.04 Mn 2.59%
6 Iqvia Holdings 37.90 Bn 35.95 Bn 1.44 Bn 8.24%
7 Illumina 30.65 Bn 29.49 Bn 770.00 Mn 13.89%
8 Mettler Toledo International 28.92 Bn 28.87 Bn 650.22 Mn 27.51%
9 Quest Diagnostics 25.96 Bn 25.64 Bn 1.03 Bn 15.08%
10 Labcorp Holdings 25.71 Bn 24.73 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 9.46%
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%