Growth Metrics

Labcorp Holdings (LH) Operating Margin (2016 - 2025)

Labcorp Holdings' Operating Margin history spans 17 years, with the latest figure at 7.61% for Q4 2025.

  • For Q4 2025, Operating Margin rose 111.0% year-over-year to 7.61%; the TTM value through Dec 2025 reached 9.92%, up 157.0%, while the annual FY2025 figure was 9.92%, 157.0% up from the prior year.
  • Operating Margin for Q4 2025 was 7.61% at Labcorp Holdings, down from 11.13% in the prior quarter.
  • Across five years, Operating Margin topped out at 48.51% in Q4 2021 and bottomed at 4.05% in Q4 2023.
  • The 5-year median for Operating Margin is 10.49% (2023), against an average of 12.8%.
  • The largest annual shift saw Operating Margin soared 3224bps in 2021 before it plummeted -4754bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 48.51% in 2021, then tumbled by -98bps to 0.97% in 2022, then plummeted by -516bps to 4.05% in 2023, then skyrocketed by 261bps to 6.5% in 2024, then grew by 17bps to 7.61% in 2025.
  • Per Business Quant, the three most recent readings for LH's Operating Margin are 7.61% (Q4 2025), 11.13% (Q3 2025), and 11.18% (Q2 2025).