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Labcorp Holdings LH Interest coverage

Interest coverage at other companies

Natera, Inc. logo
Natera, Inc.NTRA
-81.9×-157×
Agilent Technologies logo
Agilent TechnologiesA
14.8×+2.0×
Guardant Health logo
Guardant HealthGH
-100.5×-28.6×
Danaher logo
DanaherDHR
18.6×+1.7×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
5.6×+0.7×
Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
3.7×+0.2×

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 interest coverage?
Labcorp Holdings (LH) reported interest coverage of 6.4× in Q1 2026.
How has Labcorp Holdings's interest coverage changed year-over-year?
Labcorp Holdings's interest coverage increased by 28.5% year-over-year, from 5× to 6.4×.
What is the long-term trend for Labcorp Holdings's interest coverage?
Over 2 years (2021 to 2025), Labcorp Holdings's interest coverage has grown at a -43.1% compound annual growth rate (CAGR), from 68.5× to 22.2×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.