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Labcorp Holdings LH Inventory turnover

Inventory turnover at other companies

Quest Diagnostics logo
Quest DiagnosticsDGX
36.4×-0.5×
Agilent Technologies logo
Agilent TechnologiesA
3.3×+0.2×
Guardant Health logo
Guardant HealthGH
4.7×+0.4×
Danaher logo
DanaherDHR
+0.3×
Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
3.2×0.0×
Abbott logo
AbbottABT
2.9×+0.1×

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 inventory turnover?
Labcorp Holdings (LH) reported inventory turnover of 20.4× in Q1 2026.
How has Labcorp Holdings's inventory turnover changed year-over-year?
Labcorp Holdings's inventory turnover increased by 3.5% year-over-year, from 19.7× to 20.4×.
What is the long-term trend for Labcorp Holdings's inventory turnover?
Over 4 years (2021 to 2025), Labcorp Holdings's inventory turnover has grown at a -5.7% compound annual growth rate (CAGR), from 99.9× to 79.1×.
What does inventory turnover mean?
How many times a year the company sells through and restocks its inventory.
How do you interpret inventory turnover?
Higher turnover ties up less cash in stock and reduces obsolescence risk, but too high can signal stock-outs and lost sales. Read against peers and the company's own history.
How does inventory turnover compare across companies?
Only meaningful for businesses that carry inventory; automatically null for asset-light and financial firms with no inventory line.