Labcorp Holdings (LH) Return on Capital Employed (2009 - 2026)

Labcorp Holdings' (LH) quarterly Return on Capital Employed came in at 8.94% in Q1 2026, up 209.0% year-on-year from 2.89% in Q1 2025, and little changed quarter-over-quarter from 8.93% in Q4 2025.

Labcorp Holdings (LH) Return on Capital Employed (2009 - 2026) Analysis & Trends

Labcorp Holdings has disclosed Return on Capital Employed across 18 years of filings, most recently posting 8.94% for Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 8.94%, up 209.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 8.94% (up 209.0% YoY), and the FY2025 annual result was 8.9%, up 126.0% from the prior year.
  • Return on Capital Employed came in at 8.94% for Q1 2026 at Labcorp Holdings, roughly flat from 8.93% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 14.95% in Q1 2022 to a low of 5.24% in Q3 2024.
  • The 5-year median for Return on Capital Employed is 7.17% (2024), against an average of 8.12%.
  • Across the five-year window, Return on Capital Employed slumped 1010 bps in 2022 and soared 334 bps in 2025, its largest moves.
  • Labcorp Holdings' Return on Capital Employed stood at 8.98% in 2022, then slumped by 41 bps to 5.34% in 2023, then jumped by 34 bps to 7.17% in 2024, then advanced by 25 bps to 8.93% in 2025, then gained by 0 bps to 8.94% in 2026.
  • The last three Return on Capital Employed figures came in at 8.94% (Q1 2026), 8.93% (Q4 2025), and 8.59% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 4.82%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 8.12%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 6.26%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 67.98%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 14.57%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn -3.63%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 10.24%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 16.90%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 45.73%
10 Labcorp Holdings 22.31 Bn 21.34 Bn 1.01 Bn 8.94%

Historic Data

Download Data
DateValue
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%