Labcorp Holdings (LH) Shares Outstanding (2009 - 2026)
Labcorp Holdings (LH) reported Shares Outstanding of 81.7 million for Q2 2026, down 2.0% from 83.4 million a year earlier and down 0.7% from the prior quarter.
Labcorp Holdings (LH) Shares Outstanding (2009 - 2026) Analysis & Trends
For FY2025, Labcorp Holdings posted Shares Outstanding of 83.2 million, down 0.8% from FY2024.
- Shares Outstanding has declined for nine consecutive years, with a five-year compound annual growth rate of -3.1% (FY2020 to FY2025).
- By year, Shares Outstanding came in at 83.9 million in FY2024 (-3.7%), 87.1 million in FY2023 (-4.4%), 91.1 million in FY2022 (-5.8%) and 96.7 million in FY2021 (-0.6%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding in data going back to Q1 2009.
- Year over year, Shares Outstanding has now declined in each of the last 20 quarters, with an average decline of 1.7% over the last eight quarters.
- Over the past five years, the year-over-year decline in Shares Outstanding ranged from 0.6% (Q1 2025) to 6.3% (Q3 2022).
- Per Business Quant data, the three quarters before Q2 2026 came in at 82.3 million (Q1 2026), 83.2 million (Q4 2025) and 83.1 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.44 Bn | 99.45 Bn | - | 220.54 Mn |
| 2 | Natera | 57.18 Bn | 52.86 Bn | 485.19 Mn | 143.28 Mn |
| 3 | Labcorp Holdings | 25.98 Bn | 23.72 Bn | 1.11 Bn | 81.70 Mn |
| 4 | Quest Diagnostics | 25.92 Bn | 24.05 Bn | 1.03 Bn | 111.00 Mn |
| 5 | Tenet Healthcare | 22.74 Bn | 11.74 Bn | - | 83.52 Mn |
| 6 | Guardant Health | 21.66 Bn | 17.72 Bn | 219.03 Mn | 132.87 Mn |
| 7 | BrightSpring Health Services | 13.01 Bn | 11.34 Bn | 492.75 Mn | 206.04 Mn |
| 8 | Tempus AI | 12.45 Bn | 9.48 Bn | 246.50 Mn | 179.92 Mn |
| 9 | Fresenius Medical Care AG | 12.45 Bn | 4.40 Bn | 1.52 Bn | 582.38 Mn |
| 10 | Encompass Health | 12.45 Bn | 12.11 Bn | - | 98.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 81.70 Mn |
| Mar 31, 2026 | 82.30 Mn |
| Dec 31, 2025 | 83.20 Mn |
| Sep 30, 2025 | 83.10 Mn |
| Jun 30, 2025 | 83.40 Mn |
| Mar 31, 2025 | 83.60 Mn |
| Dec 31, 2024 | 83.90 Mn |
| Sep 30, 2024 | 84.00 Mn |
| Jun 30, 2024 | 84.10 Mn |
| Mar 31, 2024 | 84.10 Mn |
| Dec 31, 2023 | 87.10 Mn |
| Sep 30, 2023 | 86.60 Mn |
| Jun 30, 2023 | 88.70 Mn |
| Mar 31, 2023 | 88.40 Mn |
| Dec 31, 2022 | 91.10 Mn |
| Sep 30, 2022 | 90.20 Mn |
| Jun 30, 2022 | 92.30 Mn |
| Mar 31, 2022 | 93.20 Mn |
| Dec 31, 2021 | 96.70 Mn |
| Sep 30, 2021 | 96.30 Mn |
Labcorp Holdings Shares Outstanding 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=shares-outstanding&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "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=shares-outstanding&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();