Labcorp Holdings (LH) Invested Capital (2009 - 2026)
Labcorp Holdings' (LH) quarterly Invested Capital came in at $14.5 billion in Q2 2026, up 2.96% year-over-year from $14.0 billion in Q2 2025, and down 3.97% quarter-over-quarter from $15.1 billion in Q1 2026.
Analysis
Labcorp Holdings (LH) Invested Capital (2009 - 2026) Analysis & Trends
Labcorp Holdings has disclosed Invested Capital across 18 years of filings, most recently posting $14.5 billion for Q2 2026.
- In Q2 2026, Invested Capital rose 2.96% year-over-year to $14.5 billion; the TTM figure through Jun 2026 stood at $14.5 billion (up 2.96% YoY), while the FY2025 annual figure was $14.2 billion, down 7.67% from the prior year.
- Invested Capital came in at $14.5 billion for Q2 2026 at Labcorp Holdings, down from $15.1 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $16.1 billion in Q1 2022 to a low of $13.0 billion in Q1 2024.
- Average Invested Capital over 5 years is $14.6 billion, with a median of $14.4 billion recorded in 2025.
- The largest YoY upside for Invested Capital was 12.27% in 2024 against a maximum downside of 16.86% in 2024.
- Over 5 years, Invested Capital stood at $15.7 billion in 2022, then retreated by 11.49% to $13.9 billion in 2023, then advanced by 10.44% to $15.4 billion in 2024, then decreased by 7.67% to $14.2 billion in 2025, then increased by 1.84% to $14.5 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $14.5 billion in Q2 2026, $15.1 billion in Q1 2026, and $14.2 billion in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | 1.98 Bn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 13.47 Bn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 14.47 Bn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | - |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 444.93 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | 984.89 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 2.82 Bn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 627.84 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | 150.66 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.47 Bn |
| Mar 31, 2026 | 15.06 Bn |
| Dec 31, 2025 | 14.20 Bn |
| Sep 30, 2025 | 14.28 Bn |
| Jun 30, 2025 | 14.05 Bn |
| Mar 31, 2025 | 13.88 Bn |
| Dec 31, 2024 | 15.38 Bn |
| Sep 30, 2024 | 14.92 Bn |
| Jun 30, 2024 | 13.07 Bn |
| Mar 31, 2024 | 13.05 Bn |
| Dec 31, 2023 | 13.93 Bn |
| Sep 30, 2023 | 13.29 Bn |
| Jun 30, 2023 | 14.13 Bn |
| Mar 31, 2023 | 15.70 Bn |
| Dec 31, 2022 | 15.74 Bn |
| Sep 30, 2022 | 15.43 Bn |
| Jun 30, 2022 | 15.76 Bn |
| Mar 31, 2022 | 16.11 Bn |
| Dec 31, 2021 | 15.69 Bn |
| Sep 30, 2021 | 16.94 Bn |