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
DateValue
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%