Labcorp Holdings (LH) Net Margin (2009 - 2026)
Labcorp Holdings (LH) posted Net Margin of 7.86% for Q1 2026, up 67.55% sequentially from 4.69% in Q4 2025, and up 149.0% YoY from 3.16% in Q1 2025.
Labcorp Holdings (LH) Net Margin (2009 - 2026) Analysis & Trends
Labcorp Holdings (LH) has 17 years of Net Margin data on file, last reported at 7.86% in Q1 2026.
- Quarterly Net Margin rose 149.0% year-over-year to 7.86% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.66% (up 505.0% YoY) and the FY2023 annual result came in at 0.32%, down 202.0% from the prior year.
- Net Margin climbed to 7.86% in Q1 2026 per LH's latest filing, from 4.69% in the prior quarter.
- The five-year high for Net Margin was 12.62% in Q1 2022, with the low at 0.16% in Q1 2023.
- Average Net Margin over 4 years is 4.91%, with a median of 4.69% recorded in 2025.
- Year-over-year, Net Margin slumped 3335 bps in 2022 and surged 149 bps in 2026.
- Labcorp Holdings' Net Margin stood at 1.34% in 2022, then retreated 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.
- Business Quant data shows LH's Net Margin at 7.86% in Q1 2026, 4.69% in Q4 2025, and 7.34% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -5.68% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 15.06% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 17.29% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 24.41% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -12.22% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 18.47% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 3.40% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 12.28% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 17.89% |
| 10 | Labcorp Holdings | 2.10 Bn | 1.14 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% |