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| 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% |