Labcorp Holdings (LH) Gross Margin (2009 - 2026)
Labcorp Holdings (LH) posted Gross Margin of 29.80% for Q2 2026, up 0.14 percentage points from 29.66% a year earlier and up 1.15 percentage points from the prior quarter.
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Analysis
Labcorp Holdings (LH) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Labcorp Holdings was 28.88%, up 0.74 percentage points year-over-year; for FY2025, it was 28.76%, up 0.90 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of -6.67 percentage points (FY2020 to FY2025).
- In prior years, Labcorp Holdings' Gross Margin was 27.86% in FY2024 (+0.19 pp), 27.67% in FY2023 (-3.59 pp), 31.26% in FY2022 (-6.74 pp) and 38.01% in FY2021 (+2.57 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin since Q3 2022.
- On a year-over-year basis, Gross Margin has increased in each of the last six quarters, with an average year-over-year change of +0.44 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q4 2021, with a gain of 26.94 percentage points; the weakest was Q4 2022, with a drop of 42.12 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 28.66% (Q1 2026), 28.25% (Q4 2025) and 28.77% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.81 Bn | 99.82 Bn | - | - |
| 2 | Natera | 56.54 Bn | 52.22 Bn | 485.19 Mn | 64.46% |
| 3 | Quest Diagnostics | 26.00 Bn | 24.13 Bn | 1.03 Bn | 33.75% |
| 4 | Labcorp Holdings | 25.94 Bn | 23.68 Bn | 1.11 Bn | 29.80% |
| 5 | Tenet Healthcare | 22.61 Bn | 11.62 Bn | - | - |
| 6 | Guardant Health | 21.66 Bn | 17.72 Bn | 219.03 Mn | 65.39% |
| 7 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 12.72% |
| 8 | Fresenius Medical Care AG | 12.57 Bn | 4.52 Bn | 1.52 Bn | 26.95% |
| 9 | Encompass Health | 12.47 Bn | 12.13 Bn | - | - |
| 10 | Tempus AI | 12.33 Bn | 9.36 Bn | 246.50 Mn | 64.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Labcorp Holdings Gross 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=gross-margin&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();