Labcorp Holdings LH
NYSE LH
$336.49 +0.77 (+0.23%)
As of: Aug 27, 2026 · 3:59 PM EDT

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 234.15 Bn 230.09 Bn 8.34 Bn 8.68%
2 Danaher 152.10 Bn 147.75 Bn 3.61 Bn 19.29%
3 Natera 48.48 Bn 47.38 Bn 486.15 Mn 0.45%
4 Agilent Technologies 44.35 Bn 42.55 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 43.68 Bn 41.60 Bn 1.44 Bn 19.93%
6 Idexx Laboratories 43.02 Bn 42.83 Bn 779.09 Mn 18.89%
7 Illumina 34.39 Bn 33.22 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.29 Bn 28.24 Bn 650.22 Mn 19.52%
9 Labcorp Holdings 27.51 Bn 27.37 Bn 1.11 Bn 22.59%
10 Quest Diagnostics 27.10 Bn 26.47 Bn 1.03 Bn 21.36%

Historic Data

Download Data
DateValue
Jun 30, 2026 22.59
Jun 30, 2026 22.59
Jun 30, 2026 22.59
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