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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |