Labcorp Holdings (LH) Return on Assets [ROA] (2009 - 2026)
Labcorp Holdings' Return on Assets [ROA] came in at 5.37% for Q3 2026, up 0.65 percentage points from 4.72% a year earlier and up 0.03 percentage points from the prior quarter.
Labcorp Holdings (LH) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Labcorp Holdings' Return on Assets [ROA] was 4.77%, up 0.52 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of -3.40 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 4.26% in FY2024 (+1.98 pp), 2.27% in FY2023 (-4.04 pp), 6.32% in FY2022 (-5.45 pp) and 11.76% in FY2021 (+3.59 pp).
- The Q3 2026 figure represents the highest quarterly Return on Assets [ROA] since Q4 2022.
- Year-over-year, Return on Assets [ROA] has increased for eight consecutive quarters, with an average year-over-year change of +1.28 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2021 (a gain of 3.51 percentage points), and the weakest in Q2 2023 (a drop of 5.30 percentage points).
- Business Quant data shows LH's Return on Assets [ROA] at 5.34% (Q2 2026), 5.03% (Q1 2026) and 4.79% (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 12.31% |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | -6.09% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 5.37% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 6.91% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 12.25% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | -25.54% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 6.70% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | -7.38% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 11.48% |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 6.86% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.37% |
| Jun 30, 2026 | 5.34% |
| Mar 31, 2026 | 5.03% |
| Dec 31, 2025 | 4.79% |
| Sep 30, 2025 | 4.72% |
| Jun 30, 2025 | 4.29% |
| Mar 31, 2025 | 4.07% |
| Dec 31, 2024 | 4.04% |
| Sep 30, 2024 | 2.47% |
| Jun 30, 2024 | 2.71% |
| Mar 31, 2024 | 2.61% |
| Dec 31, 2023 | 2.49% |
| Sep 30, 2023 | 3.83% |
| Jun 30, 2023 | 4.39% |
| Mar 31, 2023 | 4.96% |
| Dec 31, 2022 | 6.41% |
| Sep 30, 2022 | 8.74% |
| Jun 30, 2022 | 9.69% |
| Mar 31, 2022 | 10.22% |
| Dec 31, 2021 | 11.54% |
Labcorp Holdings Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();