Labcorp Holdings (LH) Return on Capital Employed (2009 - 2026)
Labcorp Holdings (LH) posted Return on Capital Employed of 8.94% for Q1 2026, little changed sequentially from 8.93% in Q4 2025, and up 209.0% YoY from 2.89% in Q1 2025.
Labcorp Holdings (LH) Return on Capital Employed (2009 - 2026) Analysis & Trends
Labcorp Holdings has reported Return on Capital Employed for 18 years, with the latest figure at 8.94% in Q1 2026.
- Quarterly Return on Capital Employed rose 209.0% year-over-year to 8.94% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.94% (up 209.0% YoY) and the FY2025 annual result came in at 8.9%, up 126.0% from the prior year.
- Return on Capital Employed was little changed at 8.94% in Q1 2026 per LH's latest filing, from 8.93% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 14.95% in Q1 2022 and troughed at 5.24% in Q3 2024.
- A 5-year average of 8.12% and a median of 7.17% in 2024 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed slumped 1010 bps in 2022, then surged 334 bps in 2025.
- Over 5 years, Return on Capital Employed stood at 8.98% in 2022, then slumped by 41 bps to 5.34% in 2023, then soared by 34 bps to 7.17% in 2024, then grew by 25 bps to 8.93% in 2025, then climbed by 0 bps to 8.94% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 8.94%, 8.93%, and 8.59% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 209.29 Bn | 205.35 Bn | 8.34 Bn | 8.30% |
| 2 | Danaher | 137.39 Bn | 133.06 Bn | 3.61 Bn | 6.42% |
| 3 | Idexx Laboratories | 46.84 Bn | 46.64 Bn | 779.09 Mn | 68.60% |
| 4 | Agilent Technologies | 39.29 Bn | 37.48 Bn | 990.00 Mn | 14.57% |
| 5 | Natera | 39.28 Bn | 38.18 Bn | 696.04 Mn | -16.64% |
| 6 | Iqvia Holdings | 37.90 Bn | 35.95 Bn | 1.44 Bn | 10.49% |
| 7 | Illumina | 30.65 Bn | 29.49 Bn | 770.00 Mn | 17.55% |
| 8 | Mettler Toledo International | 28.92 Bn | 28.87 Bn | 650.22 Mn | 49.80% |
| 9 | Quest Diagnostics | 25.96 Bn | 25.64 Bn | 1.03 Bn | 10.85% |
| 10 | Labcorp Holdings | 25.71 Bn | 24.73 Bn | 1.01 Bn | 8.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.94% |
| Dec 31, 2025 | 8.93% |
| Sep 30, 2025 | 8.59% |
| Jun 30, 2025 | 7.88% |
| Mar 31, 2025 | 6.85% |
| Dec 31, 2024 | 7.17% |
| Sep 30, 2024 | 5.24% |
| Jun 30, 2024 | 5.94% |
| Mar 31, 2024 | 5.65% |
| Dec 31, 2023 | 5.34% |
| Sep 30, 2023 | 6.09% |
| Jun 30, 2023 | 5.95% |
| Mar 31, 2023 | 6.71% |
| Dec 31, 2022 | 8.98% |
| Sep 30, 2022 | 11.43% |
| Jun 30, 2022 | 13.41% |
| Mar 31, 2022 | 14.95% |
| Dec 31, 2021 | 17.09% |
| Sep 30, 2021 | 21.53% |
| Jun 30, 2021 | 23.11% |