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Labcorp Holdings LH Net debt / EBITDA

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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
FCF margin8.1%-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 the most recent quarter.

The source filing: Labcorp Holdings’s 10-Q, filed May 4, 2026. Open the filing →

Filed
May 4, 2026, 2:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000920148-26-000139

FAQ

What is Labcorp Holdings's net debt / EBITDA?
Labcorp Holdings (LH) reported net debt / EBITDA of 2.9× in Q1 2026.
How has Labcorp Holdings's net debt / EBITDA changed year-over-year?
Labcorp Holdings's net debt / EBITDA decreased by 16.4% year-over-year, from 3.5× to 2.9×.
What is the long-term trend for Labcorp Holdings's net debt / EBITDA?
Over 4 years (2020 to 2025), Labcorp Holdings's net debt / EBITDA has grown at a 15.2% compound annual growth rate (CAGR), from 1.7× to 2.9×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.

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