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Labcorp Holdings Inc.. (LH) Stock Fundamental Analysis & AI Rating 2026

LH NYSE Services-Medical Laboratories CIK: 0000920148
Recently Updated • Analysis: Apr 12, 2026 • SEC Data: 2025-12-31
Combined AI Rating
BUY
76% Confidence
STRONG AGREEMENT
BUY
78% Conf
BUY
74% Conf

📊 LH Key Takeaways

Revenue: $14.0B
Net Margin: 6.3%
Free Cash Flow: $1.2B
Current Ratio: 1.42x
Debt/Equity: 0.59x
EPS: $10.46
AI Rating: BUY with 78% confidence
Labcorp Holdings Inc.. (LH) receives a BUY rating with 76% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $14.0B, net profit margin of 6.3%, and return on equity (ROE) of 10.2%, Labcorp Holdings Inc.. demonstrates strong fundamentals in the Healthcare sector. Below is our complete LH stock analysis for 2026.

Is Labcorp Holdings Inc.. (LH) a Good Investment?

Claude

LabCorp demonstrates solid operational execution with net income growing 17.5% YoY, significantly outpacing revenue growth of 7.2%, indicating improving efficiency and profitability leverage. The company generates strong free cash flow of $1.2B with healthy 8.6% FCF margins while maintaining a conservative balance sheet with 0.59x debt-to-equity and 6.2x interest coverage, providing financial stability.

ChatGPT

Labcorp’s fundamentals show healthy momentum, with 7.2% revenue growth translating into outsized EPS and net income gains from operating leverage and improved margins. Strong free cash flow (8.6% margin) and moderate leverage with solid interest coverage support continued investment and resilience. Sustained volume growth and mix improvement should underpin steady margin expansion.

Why Buy Labcorp Holdings Inc.. Stock? LH Key Strengths

Claude
  • + Accelerating profitability: Net income growth (17.5%) exceeds revenue growth (7.2%) indicating operational leverage and margin expansion
  • + Strong cash generation: $1.2B free cash flow with 8.6% FCF margin demonstrates robust cash conversion capability
  • + Conservative capital structure: 0.59x debt-to-equity ratio with 6.2x interest coverage provides financial flexibility and low default risk
  • + Solid liquidity: 1.42x current ratio and 1.23x quick ratio support working capital needs
ChatGPT
  • + Operating leverage driving EPS growth (+18.3% YoY)
  • + Strong free cash flow generation (FCF ~$1.21B; 8.6% margin)
  • + Sound balance sheet and coverage (D/E 0.59x; interest coverage 6.2x)

LH Stock Risks: Labcorp Holdings Inc.. Investment Risks

Claude
  • ! Modest net margins of 6.3% create vulnerability to pricing pressure or reimbursement cuts common in healthcare sector
  • ! Moderate ROE of 10.2% indicates capital is not deployed with exceptional returns relative to cost of capital
  • ! $5.1B long-term debt obligation requires sustained cash flow generation to service and delever
ChatGPT
  • ! Reimbursement and pricing pressure from public and commercial payers
  • ! Labor and input cost inflation potentially compressing margins
  • ! Volume volatility and competitive pressure from hospital and independent labs

Key Metrics to Watch

Claude
  • * Operating margin trend and sustainability as company scales revenue
  • * Free cash flow generation and conversion efficiency in coming periods
  • * Debt reduction progress and debt-to-EBITDA ratio
ChatGPT
  • * Operating margin
  • * Free cash flow margin

Labcorp Holdings Inc.. (LH) Financial Metrics & Key Ratios

Revenue
$14.0B
Net Income
$876.5M
EPS (Diluted)
$10.46
Free Cash Flow
$1.2B
Total Assets
$18.4B
Cash Position
$532.3M

💡 AI Analyst Insight

Labcorp Holdings Inc.. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.

LH Profit Margin, ROE & Profitability Analysis

Gross Margin 28.8%
Operating Margin 9.9%
Net Margin 6.3%
ROE 10.2%
ROA 4.8%
FCF Margin 8.6%

LH vs Healthcare Sector: How Labcorp Holdings Inc.. Compares

How Labcorp Holdings Inc.. compares to Healthcare sector averages

Net Margin
LH 6.3%
vs
Sector Avg 12.0%
LH Sector
ROE
LH 10.2%
vs
Sector Avg 15.0%
LH Sector
Current Ratio
LH 1.4x
vs
Sector Avg 2.0x
LH Sector
Debt/Equity
LH 0.6x
vs
Sector Avg 0.6x
LH Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Labcorp Holdings Inc.. Stock Overvalued? LH Valuation Analysis 2026

Based on fundamental analysis, Labcorp Holdings Inc.. has mixed fundamental signals relative to the Healthcare sector in 2026.

Return on Equity
10.2%
Sector avg: 15%
Net Profit Margin
6.3%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.59x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Labcorp Holdings Inc.. Balance Sheet: LH Debt, Cash & Liquidity

Current Ratio
1.42x
Quick Ratio
1.23x
Debt/Equity
0.59x
Debt/Assets
53.0%
Interest Coverage
6.18x
Long-term Debt
$5.1B

LH Revenue & Earnings Growth: 5-Year Financial Trend

LH 5-year financial data: Year 2020: Revenue $14.0B, Net Income $883.7M, EPS $8.61. Year 2021: Revenue $16.1B, Net Income $823.8M, EPS $8.35. Year 2023: Revenue $13.1B, Net Income $2.4B, EPS $24.39. Year 2024: Revenue $13.0B, Net Income $1.3B, EPS $13.97. Year 2025: Revenue $14.0B, Net Income $418.0M, EPS $4.77.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Labcorp Holdings Inc..'s revenue has remained relatively flat over the 5-year period, with a 0% decline. The most recent EPS of $4.77 reflects profitable operations.

LH Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
8.6%
Free cash flow / Revenue

LH Quarterly Earnings & Performance

Quarterly financial performance data for Labcorp Holdings Inc.. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $3.3B $169.3M $2.00
Q2 2025 $3.2B $205.3M $2.43
Q1 2025 $3.2B $212.8M $2.52
Q3 2024 $3.1B $169.3M $2.00
Q2 2024 $3.0B $188.9M $2.12
Q1 2024 $3.0B $212.9M $2.39
Q3 2023 $2.9B $183.3M $2.11
Q1 2023 $2.9B $188.9M $2.12

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Labcorp Holdings Inc.. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$1.6B
Cash generated from operations
Stock Buybacks
$450.0M
Shares repurchased (TTM)
Capital Expenditures
$434.5M
Investment in assets
Dividends Paid
$240.7M
Returned to shareholders

LH SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Labcorp Holdings Inc.. (CIK: 0000920148)

📋 Recent SEC Filings

Date Form Document Action
Apr 10, 2026 DEF 14A lh-20260410.htm View →
Apr 9, 2026 8-K lh-20260408.htm View →
Mar 31, 2026 8-K lh-20260331.htm View →
Mar 30, 2026 4 xslF345X06/form4.xml View →
Mar 30, 2026 4 xslF345X06/form4.xml View →

Frequently Asked Questions about LH

What is the AI rating for LH?

Labcorp Holdings Inc.. (LH) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 76% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LH's key strengths?

Claude: Accelerating profitability: Net income growth (17.5%) exceeds revenue growth (7.2%) indicating operational leverage and margin expansion. Strong cash generation: $1.2B free cash flow with 8.6% FCF margin demonstrates robust cash conversion capability. ChatGPT: Operating leverage driving EPS growth (+18.3% YoY). Strong free cash flow generation (FCF ~$1.21B; 8.6% margin).

What are the risks of investing in LH?

Claude: Modest net margins of 6.3% create vulnerability to pricing pressure or reimbursement cuts common in healthcare sector. Moderate ROE of 10.2% indicates capital is not deployed with exceptional returns relative to cost of capital. ChatGPT: Reimbursement and pricing pressure from public and commercial payers. Labor and input cost inflation potentially compressing margins.

What is LH's revenue and growth?

Labcorp Holdings Inc.. reported revenue of $14.0B.

Does LH pay dividends?

Labcorp Holdings Inc.. pays dividends, with $240.7M distributed to shareholders in the trailing twelve months.

Where can I find LH SEC filings?

Official SEC filings for Labcorp Holdings Inc.. (CIK: 0000920148) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LH's EPS?

Labcorp Holdings Inc.. has a diluted EPS of $10.46.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is LH a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Labcorp Holdings Inc.. has a BUY rating with 76% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.

Is LH stock overvalued or undervalued?

Valuation metrics for LH: ROE of 10.2% (sector avg: 15%), net margin of 6.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy LH stock in 2026?

Our dual AI analysis gives Labcorp Holdings Inc.. a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is LH's free cash flow?

Labcorp Holdings Inc..'s operating cash flow is $1.6B, with capital expenditures of $434.5M. FCF margin is 8.6%.

How does LH compare to other Healthcare stocks?

Vs Healthcare sector averages: Net margin 6.3% (avg: 12%), ROE 10.2% (avg: 15%), current ratio 1.42 (avg: 2).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 12, 2026 | Data as of: 2025-12-31 | Powered by Claude AI