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 (LH) has 18 years of Tax Rate data on file, last reported 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.
  • The five-year high for Tax Rate was 25.58% in Q2 2022, with the low at 263.73% in Q4 2022.
  • Average Tax Rate over 5 years is 2.1%, with a median of 22.4% recorded in 2025.
  • Year-over-year, Tax Rate plunged 28057 bps in 2022 and soared 25033 bps in 2023.
  • Labcorp Holdings' 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 sank by 38 bps to 13.48% in 2025, then retreated by 3 bps to 13.04% in 2026.
  • Business Quant data shows LH's Tax Rate at 13.04% in Q1 2026, 13.48% in Q4 2025, and 22.4% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Labcorp Holdings 2.10 Bn 1.14 Bn 1.01 Bn 13.04%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.04%
Mar 31, 2026 13.04%
Dec 31, 2025 13.48%
Dec 31, 2025 13.48%
Sep 30, 2025 22.40%
Sep 30, 2025 22.40%
Jun 30, 2025 21.79%
Jun 30, 2025 21.79%
Mar 31, 2025 22.60%
Mar 31, 2025 22.60%
Dec 31, 2024 21.87%
Dec 31, 2024 21.87%
Sep 30, 2024 19.47%
Sep 30, 2024 19.47%
Jun 30, 2024 23.20%
Jun 30, 2024 23.20%
Mar 31, 2024 23.23%
Mar 31, 2024 23.23%
Dec 31, 2023 -13.39%
Dec 31, 2023 -13.39%