Labcorp Holdings (LH) Net Margin (2009 - 2026)
Labcorp Holdings' (LH) quarterly Net Margin came in at 7.86% in Q1 2026, up 149.0% year-on-year from 3.16% in Q1 2025, and up 67.55% quarter-over-quarter from 4.69% in Q4 2025.
Labcorp Holdings (LH) Net Margin (2009 - 2026) Analysis & Trends
Labcorp Holdings has disclosed Net Margin across 17 years of filings, most recently posting 7.86% for Q1 2026.
- Net Margin for Q1 2026 came in at 7.86%, up 149.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.66% (up 505.0% YoY), and the FY2023 annual result was 0.32%, down 202.0% from the prior year.
- Net Margin came in at 7.86% for Q1 2026 at Labcorp Holdings, up from 4.69% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 12.62% in Q1 2022 to a low of 0.16% in Q1 2023.
- The 4-year median for Net Margin is 4.69% (2025), against an average of 4.91%.
- Across the five-year window, Net Margin plunged 3335 bps in 2022 and jumped 149 bps in 2026, its largest moves.
- Labcorp Holdings' Net Margin stood at 1.34% in 2022, then dropped by 17 bps to 1.12% in 2023, then soared by 320 bps to 4.69% in 2025, then jumped by 68 bps to 7.86% in 2026.
- The last three Net Margin figures came in at 7.86% (Q1 2026), 4.69% (Q4 2025), and 7.34% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 24.41% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 18.47% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 3.40% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -12.22% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 17.89% |
| 10 | Labcorp Holdings | 21.55 Bn | 20.59 Bn | 1.01 Bn | 7.86% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.86% |
| Dec 31, 2025 | 4.69% |
| Sep 30, 2025 | 7.34% |
| Jun 30, 2025 | 6.76% |
| Mar 31, 2025 | 6.37% |
| Jun 30, 2023 | 1.12% |
| Mar 31, 2023 | 0.16% |
| Dec 31, 2022 | 1.34% |
| Sep 30, 2022 | 2.65% |
| Jun 30, 2022 | 3.11% |
| Mar 31, 2022 | 12.62% |
| Dec 31, 2021 | 34.70% |
| Sep 30, 2021 | 14.47% |
| Jun 30, 2021 | 12.19% |
| Mar 31, 2021 | 18.51% |
| Dec 31, 2020 | 20.91% |
| Sep 30, 2020 | 18.06% |
| Jun 30, 2020 | 8.36% |
| Mar 31, 2020 | -11.22% |
| Dec 31, 2019 | 7.70% |