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Labcorp Holdings LH Free cash flow yield

Free cash flow yield at other companies

Quest Diagnostics logo
Quest DiagnosticsDGX
6.2%+0.5pp
Natera, Inc. logo
Natera, Inc.NTRA
0.4%-0.1pp
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Agilent TechnologiesA
3.3%-0.6pp
Guardant Health logo
Guardant HealthGH
-2%-0.8pp
Danaher logo
DanaherDHR
3.9%+0.6pp
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
3.7%+0.1pp

Other financials

Income statement

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Revenue$3.5B+5.8%
Gross profit$1.0B+6.9%
Operating income$380.8M+16.8%
Net income$277.8M+30.6%
EPS (diluted)$3.35+32.9%

Balance sheet

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Cash & equivalents$981.1M+166%
Total debt$7.2B+11.1%
Total equity$8.7B+5.1%
Total assets$19.1B+8.4%

Cash flow

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Operating cash flow$191.5M+935%
CapEx$121.0M-4.0%
Free cash flow$70.5M+166%

Valuation

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Market cap$21.28B+12.9%
Enterprise value$27.54B+10.2%
P/E22.6×-3.2×
P/S1.5×+0.1×

Profitability

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Gross margin28.8%+0.9pp
Operating margin10.2%+1.9pp
Net margin6.7%+1.1pp

Returns & leverage

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Return on equity11.1%+2.1pp
Debt / equity0.8×0.0×
Current ratio1.7×-0.1×

Where this comes from

Calculated from Labcorp Holdings’s reported figures.

Based on trailing twelve months.

The official record: Labcorp Holdings’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Labcorp Holdings's free cash flow yield?
Labcorp Holdings (LH) reported free cash flow yield of 6.3% in Q1 2026.
How has Labcorp Holdings's free cash flow yield changed year-over-year?
Labcorp Holdings's free cash flow yield increased by 6.5% year-over-year, from 5.9% to 6.3%.
What is the long-term trend for Labcorp Holdings's free cash flow yield?
Over 4 years (2021 to 2025), Labcorp Holdings's free cash flow yield has grown at a -13.3% compound annual growth rate (CAGR), from 41.1% to 23.2%.
What does free cash flow yield mean?
The spendable cash the business throws off each year as a percentage of its market price.
How do you interpret free cash flow yield?
Higher yield can mean better value — you pay less for each dollar of cash generated. A useful sanity check against earnings-based multiples, which non-cash items can distort.
How does free cash flow yield compare across companies?
Comparable across cash-generative companies; less meaningful for firms in heavy-investment phases with temporarily negative FCF.