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Labcorp Holdings LH Free cash flow margin

Free cash flow margin at other companies

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8.6%
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11.7%0.0pp
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-4.9%
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Exagen Inc.XGN
-27.5%

Other financials

Income statement

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Revenue$3.7B+5.8%
Gross profit$1.1B+6.3%
Operating income$451.6M+14.5%
Net income$298.7M+25.6%
EPS (diluted)$3.64+28.2%

Balance sheet

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Cash & equivalents$141.8M-78.1%
Total debt$6.8B+11.8%
Total equity$8.6B+1.6%
Total assets$18.5B+2.6%

Cash flow

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Operating cash flow$445.5M-28.2%
CapEx$121.0M-4.0%
Free cash flow$313.9M-42.2%

Valuation

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Market cap$25.01B+14.1%
Enterprise value$31.63B+15.8%
P/E25×-3.8×
P/S1.7×+0.1×

Profitability

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Gross margin28.9%+0.7pp
Operating margin10.4%+1.6pp
Net margin7%+1.3pp

Returns & leverage

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Return on equity11.7%+2.5pp
Debt / equity0.8×+0.1×
Current ratio1.8×+0.3×

Where this comes from

Calculated from Labcorp Holdings’s reported figures.

Based on trailing twelve months.

The source filing: Labcorp Holdings’s 8-K, filed July 30, 2026. Open the filing →

Filed
Jul 30, 2026, 6:53 AM EDT
Accession
0000920148-26-000162

FAQ

What is Labcorp Holdings's free cash flow margin?
Labcorp Holdings (LH) reported free cash flow margin of 8.1% in Q2 2026.
How has Labcorp Holdings's free cash flow margin changed year-over-year?
Labcorp Holdings's free cash flow margin decreased by 14.0% year-over-year, from 9.4% to 8.1%.
What is the long-term trend for Labcorp Holdings's free cash flow margin?
Over 5 years (2020 to 2025), Labcorp Holdings's free cash flow margin has grown at a -7.2% compound annual growth rate (CAGR), from 12.5% to 8.6%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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