Labcorp Holdings LH
NYSE LH
$322.83 -1.68 (-0.52%)
As of: Sep 17, 2026 · 3:59 PM EDT

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

Labcorp Holdings' (LH) quarterly Gross Margin came in at 29.8% in Q2 2026, up 14.0% year-over-year from 26.14% in Q2 2025, and up 4.0% quarter-over-quarter from 28.66% in Q1 2026.

Analysis

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

Labcorp Holdings has disclosed Gross Margin across 18 years of filings, most recently posting 29.8% for Q2 2026.

  • In Q2 2026, Gross Margin rose 14.0% year-over-year to 29.8%; the TTM figure through Jun 2026 stood at 28.88% (up 74.0% YoY), while the FY2025 annual figure was 28.76%, up 90.0% from the prior year.
  • Gross Margin came in at 29.8% for Q2 2026 at Labcorp Holdings, up from 28.66% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 32.24% in Q2 2022 to a low of 26.92% in Q4 2024.
  • Average Gross Margin over 5 years is 28.76%, with a median of 28.29% recorded in 2025.
  • Year-over-year, Gross Margin tumbled 4212 bps in 2022 and jumped 133 bps in 2025.
  • Over 5 years, Gross Margin stood at 27.24% in 2022, then declined by 1 bps to 27.08% in 2023, then slipped by 1 bps to 26.92% in 2024, then rose by 5 bps to 28.25% in 2025, then grew by 6 bps to 29.8% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 29.8% in Q2 2026, 28.66% in Q1 2026, and 28.25% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 64.58%
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn 33.75%
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn 29.80%
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn 65.39%
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 71.70%
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn 69.16%
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn 55.38%
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn 70.45%
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn 71.82%
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn 72.80%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 29.80%
Mar 31, 2026 28.66%
Dec 31, 2025 28.25%
Sep 30, 2025 28.77%
Jun 30, 2025 29.66%
Mar 31, 2025 28.34%
Dec 31, 2024 26.92%
Sep 30, 2024 27.56%
Jun 30, 2024 28.76%
Mar 31, 2024 28.25%
Dec 31, 2023 27.08%
Sep 30, 2023 27.85%
Jun 30, 2023 27.76%
Mar 31, 2023 27.98%
Dec 31, 2022 27.24%
Sep 30, 2022 30.91%
Jun 30, 2022 32.24%
Mar 31, 2022 31.62%
Dec 31, 2021 69.36%
Sep 30, 2021 34.10%