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Labcorp Holdings LH Price / sales

Price / sales at other companies

Quest Diagnostics logo
Quest DiagnosticsDGX
1.9×+0.1×
Natera, Inc. logo
Natera, Inc.NTRA
11.3×+0.9×
Agilent Technologies logo
Agilent TechnologiesA
4.5×-0.1×
Guardant Health logo
Guardant HealthGH
11.2×+4.4×
Danaher logo
DanaherDHR
5.4×-0.7×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
4.4×-0.8×

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×

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 / sales?
Labcorp Holdings (LH) reported price / sales of 1.6× in Q1 2026.
How has Labcorp Holdings's price / sales changed year-over-year?
Labcorp Holdings's price / sales increased by 5.1% year-over-year, from 1.5× to 1.6×.
What is the long-term trend for Labcorp Holdings's price / sales?
Over 4 years (2021 to 2025), Labcorp Holdings's price / sales has grown at a -2.9% compound annual growth rate (CAGR), from 7.1× to 6.3×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.