US · USD
LH
Laboratory Corporation of America Holdings
- Day's range
- $305.84 – $309.70
- Day's volume
- $107.6M
- 52-week range
- $244.17 – $338.61
Follow LH in the Fuolio
See how LH weighs in your net worth, what it has paid you and how far it is from your target allocation.
Create a free accountLH in numbers
- Market cap
- $25.1B
- P/E
- 24.98
- P/B
- 2.91
- Dividend yield (12m)
- 0.93%
- Net debt/EBITDA
- 2.61
The 12-month dividend yield of LH is 0.93%, below its 5-year average of 1.12%.
LH price history
LH risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +15.79% | +46.98% | +32.91% |
| Volatility (annualized) | 23.17% | 19.98% | 22.93% |
| Largest drawdown | -11.18% | -13.65% | -34.45% |
| Positive months | 8/12 | 23/36 | 32/60 |
How much did investing in LH return?
$1,000.00 invested on 11/01/2021 would be worth $1,329.06 today.
- Value today in LH
- $1,329.06
- Return over the period
- +32.91%
- Return per year
- +5.95%
- In the S&P 500
- $1,704.99
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
LH fundamentals
Valuation
- P/E24.98
- P/B2.91
- EV/EBITDA14.05
- EV/EBIT20.58
- EV/Revenue2.15
- P/EBIT16.76
- P/S1.75
- P/OCF15.31
- P/FCF21.71
- Earnings yield4.86%
- PEG ratio—
- Earnings per share$12.36
- Book value per share$106.13
Debt
- Net debt$5.7B
- Net debt/EBITDA2.61
- Net debt/Equity0.66
- Debt/Equity0.68
- Current ratio1.80
- Quick ratio1.53
- Cash ratio0.07
Efficiency
- Gross margin28.88%
- EBITDA margin15.28%
- Operating margin10.43%
- Net margin6.99%
- Asset turnover0.77
Profitability
- ROE11.65%
- ROA5.41%
- ROIC6.90%
- Payout23.29%
Growth
- Revenue CAGR (5 years)-2.62%
- Earnings CAGR (5 years)-19.02%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is LH's fair price?
Two classic value formulas, with today's numbers. The current price is $308.93.
- Graham's fair price
- $171.83
- 44.38% below the price
√(22.50 × $12.36 × $106.13)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $42.89
- 86.12% below the price
$2.57 (4-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
LH's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 23.57 | 25.73 | 45.73 | — | 11.70 | 12.77 | 19.98 | 14.10 |
| P/B | 2.40 | 2.38 | 2.43 | — | 2.71 | 2.11 | 2.15 | 1.77 |
| EV/EBITDA | 12.45 | 13.88 | 17.37 | — | 8.76 | 7.81 | 11.49 | 9.60 |
| Dividend yield | 1.15% | 1.26% | 1.18% | 0.92% | — | — | — | — |
| Earnings per share | $10.64 | $8.91 | $4.97 | — | $26.86 | $15.94 | $8.47 | $8.96 |
| Book value per share | $104.61 | $96.20 | $93.64 | — | $116.08 | $96.69 | $78.56 | $71.48 |
| ROE | 10.17% | 9.26% | 5.31% | 12.67% | 23.14% | 16.49% | 10.78% | 12.54% |
| ROIC | 6.68% | 5.57% | 4.20% | 6.40% | 14.15% | 11.92% | 6.70% | 6.93% |
| Gross margin | 28.76% | 27.86% | 27.67% | 31.26% | 38.01% | 35.43% | 28.15% | 28.03% |
| EBITDA margin | 14.81% | 13.30% | 10.71% | 16.64% | 27.60% | 21.96% | 16.51% | 16.57% |
| Net margin | 6.29% | 5.73% | 3.44% | 10.78% | 18.10% | 11.13% | 7.13% | 7.80% |
| Net debt/EBITDA | 2.45 | 2.78 | 2.70 | 2.39 | 1.09 | 1.33 | 2.86 | 2.97 |
LH's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $14B | $13B | $12.2B | $11.9B | $13.1B | $14B |
| Cost of revenue | -$9.9B | -$9.4B | -$8.8B | -$8.2B | -$8.1B | -$9B |
| Gross profit | $4B | $3.6B | $3.4B | $3.7B | $5B | $5B |
| EBITDA | $2.1B | $1.7B | $1.3B | $2B | $3.6B | $3.1B |
| EBIT | $1.4B | $1.1B | $725.6M | $1.4B | $3B | $2.4B |
| Financial result | — | — | — | — | — | -$226.3M |
| Income before tax | — | — | — | — | — | — |
| Income tax | -$229.8M | -$212.4M | -$188.5M | -$233.9M | -$690M | -$662.1M |
| Net income | $877M | $746M | $418M | $1.3B | $2.4B | $1.6B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does LH pay dividends?
Dividend yield per year
- 0.92%2022
- 1.18%2023
- 1.26%2024
- 1.15%2025
- 0.70%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/27/2026 | 09/11/2026 | $0.72 |
| Dividend | 05/28/2026 | 06/11/2026 | $0.72 |
| Dividend | 02/26/2026 | 03/12/2026 | $0.72 |
| Dividend | 11/25/2025 | 12/11/2025 | $0.72 |
| Dividend | 08/27/2025 | 09/11/2025 | $0.72 |
| Dividend | 05/28/2025 | 06/11/2025 | $0.72 |
| Dividend | 02/26/2025 | 03/12/2025 | $0.72 |
| Dividend | 11/25/2024 | 12/13/2024 | $0.72 |
| Dividend | 08/28/2024 | 09/13/2024 | $0.72 |
| Dividend | 05/27/2024 | 06/12/2024 | $0.72 |
| Dividend | 02/23/2024 | 03/13/2024 | $0.72 |
| Dividend | 11/06/2023 | 12/12/2023 | $0.72 |
See all 18 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 08/04/2023 | 09/08/2023 | $0.72 |
| Dividend | 05/16/2023 | 06/08/2023 | $0.62 |
| Dividend | 02/21/2023 | 03/13/2023 | $0.62 |
| Dividend | 11/15/2022 | 12/09/2022 | $0.62 |
| Dividend | 08/16/2022 | 09/09/2022 | $0.62 |
| Dividend | 05/17/2022 | 06/09/2022 | $0.62 |
About Laboratory
- Sector
- Services
Questions about LH
How much is LH today?
LH is at $308.93 (0.14% on the day), last traded on 10/05/2026.
How much did LH pay in dividends in 2025?
LH paid $2.88 per share in 2025, a dividend yield of 1.15%.
What are the P/E and P/B of LH?
LH trades at a P/E of 24.98 and a P/B of 2.91.
How much did LH return in 12 months?
LH returned 15.79% in 12 months, with annualized volatility of 23.17% and a largest drawdown of -11.18%.