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Labcorp Holdings LH Price / book

Price / book at other companies

Quest Diagnostics logo
Quest DiagnosticsDGX
2.9×+0.2×
Natera, Inc. logo
Natera, Inc.NTRA
16×+0.6×
Agilent Technologies logo
Agilent TechnologiesA
4.6×-0.4×
Guardant Health logo
Guardant HealthGH
36.8×
Danaher logo
DanaherDHR
2.5×-0.4×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
3.5×-0.3×

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 the most recent quarter.

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 price / book?
Labcorp Holdings (LH) reported price / book of 2.5× in Q1 2026.
How has Labcorp Holdings's price / book changed year-over-year?
Labcorp Holdings's price / book increased by 7.4% year-over-year, from 2.3× to 2.5×.
What is the long-term trend for Labcorp Holdings's price / book?
Over 4 years (2021 to 2025), Labcorp Holdings's price / book has grown at a -0.8% compound annual growth rate (CAGR), from 10.4× to 10.1×.
What does price / book mean?
How the market price compares to the company's accounting net worth.
How do you interpret price / book?
Below 1.0 can flag a market discount to book value (common for distressed or asset-heavy firms); high values reflect intangible value the balance sheet doesn't capture. Most informative for financials and asset-heavy businesses.
How does price / book compare across companies?
A core valuation gauge for banks and insurers; weak for asset-light firms where book value understates economic value.