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| Date | Value |
|---|---|
| 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% |