Labcorp Holdings (LH) Net Margin (2009 - 2026)
Labcorp Holdings' (LH) quarterly Net Margin came in at 8.02% in Q2 2026, up 126.0% year-over-year from 3.55% in Q2 2025, and up 2.01% quarter-over-quarter from 7.86% in Q1 2026.
Analysis
Labcorp Holdings (LH) Net Margin (2009 - 2026) Analysis & Trends
Labcorp Holdings has disclosed Net Margin across 18 years of filings, most recently posting 8.02% for Q2 2026.
- In Q2 2026, Net Margin rose 126.0% year-over-year to 8.02%; the TTM figure through Jun 2026 stood at 6.99% (up 132.0% YoY), while the FY2025 annual figure was 6.29%, up 55.0% from the prior year.
- Net Margin came in at 8.02% for Q2 2026 at Labcorp Holdings, up from 7.86% 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 5.5% in Q4 2023.
- Average Net Margin over 5 years is 6.54%, with a median of 6.57% recorded in 2025.
- Year-over-year, Net Margin sank 3209 bps in 2022 and surged 981 bps in 2024.
- Over 5 years, Net Margin stood at 2.61% in 2022, then slumped by 311 bps to 5.5% in 2023, then surged by 178 bps to 4.31% in 2024, then grew by 9 bps to 4.69% in 2025, then surged by 71 bps to 8.02% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 8.02% in Q2 2026, 7.86% in Q1 2026, and 4.69% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn | -8.89% |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn | 10.65% |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn | 8.02% |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn | -35.87% |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn | 2.22% |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn | -0.24% |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn | 16.69% |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn | 7.36% |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn | -22.65% |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn | -0.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.02% |
| 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% |
| Dec 31, 2024 | 4.31% |
| Sep 30, 2024 | 5.17% |
| Jun 30, 2024 | 6.38% |
| Mar 31, 2024 | 7.19% |
| Dec 31, 2023 | -5.50% |
| Sep 30, 2023 | 6.01% |
| Jun 30, 2023 | 6.23% |
| Mar 31, 2023 | 7.02% |
| Dec 31, 2022 | 2.61% |
| Sep 30, 2022 | 12.32% |
| Jun 30, 2022 | 12.28% |
| Mar 31, 2022 | 12.62% |
| Dec 31, 2021 | 34.70% |
| Sep 30, 2021 | 14.47% |