Labcorp Holdings (LH) Tax Rate (2009 - 2026)
Labcorp Holdings (LH) posted Tax Rate of 13.04% for Q1 2026, down 3.27% sequentially from 13.48% in Q4 2025, and down 956.0% YoY from 1.52% in Q1 2025.
Labcorp Holdings (LH) Tax Rate (2009 - 2026) Analysis & Trends
Labcorp Holdings has reported Tax Rate for 18 years, with the latest figure at 13.04% in Q1 2026.
- Quarterly Tax Rate fell 956.0% year-over-year to 13.04% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 18.17% (down 376.0% YoY) and the FY2025 annual result came in at 20.75%, down 139.0% from the prior year.
- Tax Rate retreated to 13.04% in Q1 2026 per LH's latest filing, from 13.48% in the prior quarter.
- Over five years, Tax Rate peaked at 25.58% in Q2 2022 and troughed at 263.73% in Q4 2022.
- A 5-year average of 2.1% and a median of 22.4% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 28057 bps in 2022, then jumped 25033 bps in 2023.
- Over 5 years, Tax Rate stood at 263.73% in 2022, then surged by 95 bps to 13.39% in 2023, then soared by 263 bps to 21.87% in 2024, then plunged by 38 bps to 13.48% in 2025, then fell by 3 bps to 13.04% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 13.04%, 13.48%, and 22.4% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.98 Bn | 209.91 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 140.49 Bn | 136.14 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 46.39 Bn | 46.19 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.72 Bn | 37.91 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.38 Bn | 37.30 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.92 Bn | 37.82 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 30.08 Bn | 28.91 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.65 Bn | 28.60 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.23 Bn | 25.60 Bn | 1.03 Bn | 21.36% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 13.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.04% |
| Mar 31, 2026 | 13.04% |
| Mar 31, 2026 | 13.04% |
| Dec 31, 2025 | 13.48% |
| Dec 31, 2025 | 13.48% |
| Dec 31, 2025 | 13.48% |
| Sep 30, 2025 | 22.40% |
| Sep 30, 2025 | 22.40% |
| Sep 30, 2025 | 22.40% |
| Jun 30, 2025 | 21.79% |
| Jun 30, 2025 | 21.79% |
| Jun 30, 2025 | 21.79% |
| Mar 31, 2025 | 22.60% |
| Mar 31, 2025 | 22.60% |
| Mar 31, 2025 | 22.60% |
| Dec 31, 2024 | 21.87% |
| Dec 31, 2024 | 21.87% |
| Dec 31, 2024 | 21.87% |
| Sep 30, 2024 | 19.47% |
| Sep 30, 2024 | 19.47% |