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 (LH) has 18 years of Return on Capital Employed data on file, last reported 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 held at 8.94% in Q1 2026 per LH's latest filing, from 8.93% in the prior quarter.
- The five-year high for Return on Capital Employed was 14.95% in Q1 2022, with the low at 5.24% in Q3 2024.
- Average Return on Capital Employed over 5 years is 8.12%, with a median of 7.17% recorded in 2024.
- Year-over-year, Return on Capital Employed plunged 1010 bps in 2022 and jumped 334 bps in 2025.
- Labcorp Holdings' Return on Capital Employed stood at 8.98% in 2022, then tumbled by 41 bps to 5.34% in 2023, then jumped by 34 bps to 7.17% in 2024, then increased by 25 bps to 8.93% in 2025, then grew by 0 bps to 8.94% in 2026.
- Business Quant data shows LH's Return on Capital Employed at 8.94% in Q1 2026, 8.93% in Q4 2025, and 8.59% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 4.82% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 8.12% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 6.26% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 67.98% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -3.63% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 14.57% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 10.24% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 16.90% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 45.73% |
| 10 | Labcorp Holdings | 2.10 Bn | 1.14 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% |