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| Date | Value |
|---|---|
| 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% |