Labcorp Holdings (LH) FCF Margin (2009 - 2026)
Labcorp Holdings (LH) posted FCF Margin of 8.41% for Q2 2026, down 6.97 percentage points from 15.39% a year earlier but up 6.42 percentage points from the prior quarter.
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Analysis
Labcorp Holdings (LH) FCF Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at Labcorp Holdings was 8.05%, down 1.31 percentage points year-over-year; for FY2025, it came in at 8.64%, up 0.22 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -3.90 percentage points (FY2020 to FY2025).
- In prior years, Labcorp Holdings' FCF Margin was 8.42% in FY2024 (+1.24 pp), 7.19% in FY2023 (-5.68 pp), 12.87% in FY2022 (-7.60 pp) and 20.46% in FY2021 (+7.92 pp).
- Quarterly FCF Margin has run from a low of -5.15% in Q1 2024 to a high of 54.74% in Q4 2021 over five years.
- On a year-over-year basis, FCF Margin increased in five of the last eight quarters, with an average year-over-year change of +0.59 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2021, with a gain of 39.70 percentage points; the weakest was Q4 2022, with a drop of 35.81 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was 1.99% (Q1 2026), 13.95% (Q4 2025) and 7.87% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 98.64 Bn | 98.22 Bn | - | 15.64% |
| 2 | Natera | 54.42 Bn | 50.10 Bn | 485.19 Mn | -1.15% |
| 3 | Labcorp Holdings | 28.77 Bn | 26.87 Bn | 1.11 Bn | 10.82% |
| 4 | Quest Diagnostics | 27.60 Bn | 25.68 Bn | 1.04 Bn | 14.37% |
| 5 | Guardant Health | 22.81 Bn | 18.87 Bn | 219.03 Mn | -20.76% |
| 6 | Tenet Healthcare | 21.39 Bn | 12.88 Bn | - | 19.23% |
| 7 | Tempus AI | 13.75 Bn | 10.78 Bn | 246.50 Mn | -3.57% |
| 8 | Encompass Health | 13.53 Bn | 14.00 Bn | - | 3.90% |
| 9 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 0.38% |
| 10 | Fresenius Medical Care AG | 12.64 Bn | 5.70 Bn | 1.52 Bn | 12.75% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.82% |
| Jun 30, 2026 | 8.41% |
| 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% |
API Access
Labcorp Holdings FCF 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=fcf-margin&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();