Labcorp Holdings (LH) Tax Rate (2009 - 2026)
Labcorp Holdings (LH) recorded Tax Rate of 22.59% in Q2 2026, up 0.80 percentage points from 21.79% a year earlier and up 9.55 percentage points from the prior quarter.
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Analysis
Labcorp Holdings (LH) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Labcorp Holdings' Tax Rate came in at 18.66% as of Jun 30, 2026, down 2.87 percentage points year-over-year; for FY2025, it was 20.75%, down 1.39 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -9.09 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 22.14% in FY2024 (-11.00 pp), 33.13% in FY2023 (+14.23 pp), 18.90% in FY2022 (-4.99 pp) and 23.90% in FY2021 (-5.94 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q1 2025.
- On a year-over-year basis, Tax Rate rose in two of the last seven quarters, with an average year-over-year change of -2.84 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 10.98 percentage points in Q3 2023, against a drop of 11.38 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 13.04% (Q1 2026), 13.48% (Q4 2025) and 22.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 98.64 Bn | 98.22 Bn | - | 21.98% |
| 2 | Natera | 54.42 Bn | 50.10 Bn | 485.19 Mn | - |
| 3 | Labcorp Holdings | 28.77 Bn | 26.87 Bn | 1.11 Bn | 19.79% |
| 4 | Quest Diagnostics | 27.60 Bn | 25.68 Bn | 1.04 Bn | 23.80% |
| 5 | Guardant Health | 22.81 Bn | 18.87 Bn | 219.03 Mn | - |
| 6 | Tenet Healthcare | 21.39 Bn | 12.88 Bn | - | 22.80% |
| 7 | Tempus AI | 13.75 Bn | 10.78 Bn | 246.50 Mn | 3.51% |
| 8 | Encompass Health | 13.53 Bn | 14.00 Bn | - | 20.49% |
| 9 | BrightSpring Health Services | 13.09 Bn | 11.43 Bn | 492.75 Mn | 7.39% |
| 10 | Fresenius Medical Care AG | 12.64 Bn | 5.70 Bn | 1.52 Bn | 23.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.79% |
| 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% |
| Sep 30, 2023 | 23.08% |
| Jun 30, 2023 | 24.29% |
| Mar 31, 2023 | 23.47% |
| 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% |
| Jun 30, 2021 | 28.07% |
API Access
Labcorp Holdings Tax Rate 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=tax-rate&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();