Labcorp Holdings (LH) Net Margin (2009 - 2026)
Labcorp Holdings' Net Margin came in at 8.01% for Q2 2026, up 1.26 percentage points from 6.74% a year earlier and up 0.15 percentage points from the prior quarter.
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Analysis
Labcorp Holdings (LH) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Labcorp Holdings reported Net Margin of 6.99%, up 1.32 percentage points year-over-year; for FY2025, it came in at 6.28%, up 0.55 percentage points from FY2024.
- Net Margin carries a five-year change of -4.85 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 5.73% in FY2024 (+2.30 pp), 3.44% in FY2023 (-7.34 pp), 10.78% in FY2022 (-7.32 pp) and 18.10% in FY2021 (+6.97 pp).
- The Q2 2026 figure represents the highest quarterly Net Margin since Q3 2022.
- Year-over-year, Net Margin has increased for five consecutive quarters, with an average year-over-year change of +1.73 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q4 2021 (a gain of 30.72 percentage points), and the weakest in Q4 2022 (a drop of 49.02 percentage points).
- Business Quant data shows LH's Net Margin at 7.85% (Q1 2026), 4.68% (Q4 2025) and 7.33% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 98.64 Bn | 98.22 Bn | - | 7.96% |
| 2 | Natera | 54.42 Bn | 50.10 Bn | 485.19 Mn | -8.90% |
| 3 | Labcorp Holdings | 28.77 Bn | 26.87 Bn | 1.11 Bn | 6.90% |
| 4 | Quest Diagnostics | 27.60 Bn | 25.68 Bn | 1.04 Bn | 10.07% |
| 5 | Guardant Health | 22.81 Bn | 18.87 Bn | 219.03 Mn | -35.87% |
| 6 | Tenet Healthcare | 21.39 Bn | 12.88 Bn | - | 17.76% |
| 7 | Tempus AI | 13.75 Bn | 10.78 Bn | 246.50 Mn | 1.48% |
| 8 | Encompass Health | 13.53 Bn | 14.00 Bn | - | 9.63% |
| 9 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 2.18% |
| 10 | Fresenius Medical Care AG | 12.64 Bn | 5.70 Bn | 1.52 Bn | 4.49% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.90% |
| Jun 30, 2026 | 8.01% |
| Mar 31, 2026 | 7.85% |
| Dec 31, 2025 | 4.68% |
| Sep 30, 2025 | 7.33% |
| Jun 30, 2025 | 6.74% |
| Mar 31, 2025 | 6.36% |
| Dec 31, 2024 | 4.31% |
| Sep 30, 2024 | 5.16% |
| Jun 30, 2024 | 6.37% |
| Mar 31, 2024 | 7.18% |
| Dec 31, 2023 | -5.51% |
| Sep 30, 2023 | 6.00% |
| Jun 30, 2023 | 6.23% |
| Mar 31, 2023 | 7.01% |
| Dec 31, 2022 | 2.60% |
| Sep 30, 2022 | 12.31% |
| Jun 30, 2022 | 12.27% |
| Mar 31, 2022 | 12.61% |
| Dec 31, 2021 | 51.62% |
API Access
Labcorp Holdings Net 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=net-margin&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();