Labcorp Holdings (LH) Price to Earnings (2009 - 2026)
Labcorp Holdings' (LH) Price to Earnings was 22.60 for Q2 2026, down 20.7% from 28.51 a year earlier and down 3.1% from the prior quarter.
Analysis
Labcorp Holdings (LH) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Labcorp Holdings was 23.53, down 8.2% from FY2024.
- By year, Price to Earnings came in at 25.64 in FY2024 (-43.8%), 45.62 in FY2023 (+227.0%), 13.95 in FY2022 (+26.0%) and 11.07 in FY2021 (+1.0%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Earnings since Q2 2023.
- Year over year, Price to Earnings has now declined in each of the last seven quarters, with an average decline of 14.5% over the last eight quarters.
- The high point for year-over-year Price to Earnings in five years was Q4 2023 (growth of 227.0%); the low point was Q3 2021 (a decline of 55.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 23.32 (Q1 2026), 23.53 (Q4 2025) and 27.86 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 93.08 Bn | 92.52 Bn | - |
| 2 | Natera | 58.93 Bn | 54.61 Bn | 485.19 Mn |
| 3 | Quest Diagnostics | 25.75 Bn | 24.18 Bn | 1.03 Bn |
| 4 | Labcorp Holdings | 24.96 Bn | 22.73 Bn | 1.11 Bn |
| 5 | Guardant Health | 23.76 Bn | 19.82 Bn | 219.03 Mn |
| 6 | Tenet Healthcare | 20.83 Bn | 11.98 Bn | - |
| 7 | Tempus AI | 13.43 Bn | 10.46 Bn | 246.50 Mn |
| 8 | BrightSpring Health Services | 11.90 Bn | 10.24 Bn | 492.75 Mn |
| 9 | Encompass Health | 11.82 Bn | 12.29 Bn | - |
| 10 | Davita | 11.43 Bn | 10.20 Bn | 1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.60 |
| Mar 31, 2026 | 23.32 |
| Dec 31, 2025 | 23.53 |
| Sep 30, 2025 | 27.86 |
| Jun 30, 2025 | 28.51 |
| Mar 31, 2025 | 26.69 |
| Dec 31, 2024 | 25.64 |
| Sep 30, 2024 | 42.95 |
| Jun 30, 2024 | 37.94 |
| Mar 31, 2024 | 42.52 |
| Dec 31, 2023 | 45.62 |
| Sep 30, 2023 | 25.82 |
| Jun 30, 2023 | 22.14 |
| Mar 31, 2023 | 17.46 |
| Dec 31, 2022 | 13.95 |
| Sep 30, 2022 | 8.98 |
| Jun 30, 2022 | 9.20 |
| Mar 31, 2022 | 10.34 |
| Dec 31, 2021 | 11.07 |
| Sep 30, 2021 | 8.38 |
API Access
Labcorp Holdings Price to Earnings API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-earnings&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "ticker": "LH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-earnings&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();