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 has reported Net Margin for 17 years, with the latest figure 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.
- Over five years, Net Margin peaked at 12.62% in Q1 2022 and troughed at 0.16% in Q1 2023.
- A 4-year average of 4.91% and a median of 4.69% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2026: Net Margin plunged 3335 bps in 2022, then soared 149 bps in 2026.
- Over 4 years, Net Margin stood at 1.34% in 2022, then fell by 17 bps to 1.12% in 2023, then surged by 320 bps to 4.69% in 2025, then soared by 68 bps to 7.86% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.86%, 4.69%, and 7.34% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 14.65% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 13.89% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | -8.89% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 18.47% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 5.52% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 27.82% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 17.86% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 22.67% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 8.02% |
| 10 | Quest Diagnostics | 27.10 Bn | 26.47 Bn | 1.03 Bn | 10.65% |
Historic Data
Download 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% |