Alcon Inc. (ALC) vs Labcorp Holdings Inc. (LH)

A side-by-side comparison of Alcon Inc. and Labcorp Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnALC vs LH

growth of $100 · dividends reinvested · last 7y
ALC +16.0% (+2.1%/yr)LH +143.0% (+13.5%/yr)LH compounded faster over this window
100150200250Start $100202120232025$116$243
ALC LH

ALC vs LH: by the numbers

  • ALC is the larger company ($31.79B vs $26.46B market cap).
  • LH trades at the lower trailing earnings multiple (26.69 vs 50.14 P/E), one valuation lens rather than an overall verdict.
  • LH converts more revenue to profit (6.99% vs 5.92% net margin).
  • ALC grew revenue faster over the past five years (6.69% vs -2.62% CAGR).
  • LH pays the higher dividend yield (0.92% vs 0.54%).

Metrics side by side

Valuation

MetricALCLH
P/E ratio50.1426.69
Forward P/E18.7317.59
P/S ratio2.941.84
P/B ratio1.473.07
EV / EBITDA16.2714.30
FCF yield5.30%4.37%

Profitability

MetricALCLH
Gross margin56.45%27.85%
Operating margin9.87%11.27%
Net margin5.92%6.99%
ROE2.96%11.65%
ROIC3.25%8.02%

Dividends

MetricALCLH
Dividend yield0.54%0.92%
Payout ratio27.64%23.82%

Growth (annualized)

MetricALCLH
Revenue CAGR (5Y)6.69%-2.62%
EPS CAGR (5Y)N/A-8.00%
FCF CAGR (5Y)40.55%-16.45%
Total return CAGR (5Y)-4.31%4.91%

Frequently asked

Which has the lower trailing P/E, ALC or LH?
LH has the lower trailing P/E: ALC trades at 50.14 and LH at 26.69. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, ALC or LH?
Over the past five years, ALC grew revenue faster — ALC at a 6.69% CAGR versus LH at -2.62%.
Does ALC or LH pay a bigger dividend?
ALC yields 0.54% and LH yields 0.92% based on trailing dividends and the latest price.
Is ALC or LH more profitable?
LH runs the higher net margin — ALC at 5.92% versus LH at 6.99%.
How have ALC and LH total returns compared?
Over the past 5 years, ALC delivered -4.31% and LH delivered 4.91% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.