Labcorp Holdings LH
NYSE LH
$322.83 -1.68 (-0.52%)
As of: Sep 17, 2026 · 3:59 PM EDT

Labcorp Holdings (LH) Tax Rate (2009 - 2026)

Labcorp Holdings' (LH) quarterly Tax Rate came in at 22.59% in Q2 2026, up 80.0% year-over-year from 12.55% in Q2 2025, and up 73.21% quarter-over-quarter from 13.04% in Q1 2026.

Analysis

Labcorp Holdings (LH) Tax Rate (2009 - 2026) Analysis & Trends

Labcorp Holdings has disclosed Tax Rate across 18 years of filings, most recently posting 22.59% for Q2 2026.

  • In Q2 2026, Tax Rate rose 80.0% year-over-year to 22.59%; the TTM figure through Jun 2026 stood at 18.66% (down 287.0% YoY), while the FY2025 annual figure was 20.75%, down 139.0% from the prior year.
  • Tax Rate came in at 22.59% for Q2 2026 at Labcorp Holdings, up from 13.04% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 25.58% in Q2 2022 to a low of 263.73% in Q4 2022.
  • Average Tax Rate over 5 years is 3.23%, with a median of 22.5% recorded in 2026.
  • Year-over-year, Tax Rate sank 28057 bps in 2022 and soared 25033 bps in 2023.
  • Over 5 years, Tax Rate stood at 263.73% in 2022, then soared by 95 bps to 13.39% in 2023, then jumped by 263 bps to 21.87% in 2024, then slumped by 38 bps to 13.48% in 2025, then surged by 68 bps to 22.59% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 22.59% in Q2 2026, 13.04% in Q1 2026, and 13.48% in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Natera 49.39 Bn 48.29 Bn 486.15 Mn 0.45%
2 Quest Diagnostics 27.49 Bn 26.86 Bn 1.03 Bn 21.36%
3 Labcorp Holdings 26.51 Bn 26.37 Bn 1.11 Bn 22.59%
4 Guardant Health 23.17 Bn 22.12 Bn 219.03 Mn -0.15%
5 Tempus AI 12.59 Bn 11.77 Bn 274.25 Mn 3.51%
6 Caris Life Sciences 8.01 Bn 7.22 Bn 182.38 Mn -3.75%
7 Sotera Health 5.53 Bn 5.17 Bn 177.96 Mn 31.27%
8 BillionToOne 4.80 Bn 4.25 Bn 77.11 Mn -7.13%
9 Adaptive Biotechnologies 4.40 Bn 4.05 Bn 51.39 Mn -
10 iRhythm Holdings 3.68 Bn 3.08 Bn 163.21 Mn -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 22.59%
Mar 31, 2026 13.04%
Dec 31, 2025 13.48%
Sep 30, 2025 22.40%
Jun 30, 2025 21.79%
Mar 31, 2025 22.60%
Dec 31, 2024 21.87%
Sep 30, 2024 19.47%
Jun 30, 2024 23.20%
Mar 31, 2024 23.23%
Dec 31, 2023 -13.39%
Sep 30, 2023 23.08%
Jun 30, 2023 24.29%
Mar 31, 2023 23.47%
Dec 31, 2022 -263.73%
Sep 30, 2022 12.11%
Jun 30, 2022 25.58%
Mar 31, 2022 23.12%
Dec 31, 2021 16.85%
Sep 30, 2021 23.48%