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.
ALC
Alcon Inc.
$65.18HealthcareDelayed quote: Sep 17, 2026, 4:00 PM EDT
LH
Labcorp Holdings Inc.
$322.73HealthcareDelayed quote: Sep 17, 2026, 4:00 PM EDT
Total return — ALC vs LH
growth of $100 · dividends reinvested · last 7yALC +16.0% (+2.1%/yr)LH +143.0% (+13.5%/yr)LH compounded faster over this window
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
| Metric | ALC | LH |
|---|---|---|
| P/E ratio | 50.14 | 26.69 |
| Forward P/E | 18.73 | 17.59 |
| P/S ratio | 2.94 | 1.84 |
| P/B ratio | 1.47 | 3.07 |
| EV / EBITDA | 16.27 | 14.30 |
| FCF yield | 5.30% | 4.37% |
Profitability
| Metric | ALC | LH |
|---|---|---|
| Gross margin | 56.45% | 27.85% |
| Operating margin | 9.87% | 11.27% |
| Net margin | 5.92% | 6.99% |
| ROE | 2.96% | 11.65% |
| ROIC | 3.25% | 8.02% |
Dividends
| Metric | ALC | LH |
|---|---|---|
| Dividend yield | 0.54% | 0.92% |
| Payout ratio | 27.64% | 23.82% |
Growth (annualized)
| Metric | ALC | LH |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Alcon P/E ratioLabcorp P/E ratioAlcon dividend yieldLabcorp dividend yieldAlcon ROELabcorp ROEAlcon operating marginLabcorp operating marginAlcon revenue growthLabcorp revenue growthAlcon free cash flowLabcorp free cash flow
Alcon & Labcorp appear in these rankings
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.