Labcorp Holdings (LH) Return on Capital Employed [ROCE] (2009 - 2026)
Labcorp Holdings (LH) posted Return on Capital Employed [ROCE] of 8.97% for Q2 2026, up 1.09 percentage points from 7.88% a year earlier and up 0.03 percentage points from the prior quarter.
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Analysis
Labcorp Holdings (LH) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Labcorp Holdings' Return on Capital Employed [ROCE] came in at 8.90%, up 1.26 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of -6.40 percentage points (FY2020 to FY2025).
- In prior years, Labcorp Holdings' Return on Capital Employed [ROCE] was 7.64% in FY2024 (+2.87 pp), 4.77% in FY2023 (-3.59 pp), 8.36% in FY2022 (-9.12 pp) and 17.47% in FY2021 (+2.17 pp).
- The Q2 2026 figure stands as the highest quarterly Return on Capital Employed [ROCE] since Q4 2022.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased in each of the last seven quarters, with an average year-over-year change of +1.55 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q3 2021, with a gain of 11.79 percentage points; the weakest was Q3 2022, with a drop of 10.10 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 8.94% (Q1 2026), 8.93% (Q4 2025) and 8.59% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 106.13 Bn | 102.23 Bn | - | 27.97% |
| 2 | Natera | 44.93 Bn | 40.56 Bn | 513.47 Mn | -12.46% |
| 3 | Labcorp Holdings | 29.97 Bn | 28.06 Bn | 1.11 Bn | 9.44% |
| 4 | Quest Diagnostics | 28.09 Bn | 25.85 Bn | 1.04 Bn | 11.30% |
| 5 | Tenet Healthcare | 22.72 Bn | 12.03 Bn | - | 20.92% |
| 6 | Guardant Health | 20.11 Bn | 15.73 Bn | 236.15 Mn | -33.03% |
| 7 | BrightSpring Health Services | 13.90 Bn | 11.66 Bn | 518.55 Mn | 11.79% |
| 8 | Tempus AI | 13.80 Bn | 10.95 Bn | 266.70 Mn | -14.14% |
| 9 | Encompass Health | 13.52 Bn | 13.15 Bn | - | 18.11% |
| 10 | Davita | 12.21 Bn | 9.59 Bn | 1.13 Bn | 14.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.44% |
| Jun 30, 2026 | 8.97% |
| 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% |
API Access
Labcorp Holdings Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();