Biogen Inc. (BIIB) vs Labcorp Holdings Inc. (LH)
BIIB leads on 9 of 15 compared metrics.
A side-by-side comparison of Biogen Inc. and Labcorp Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
Total return — BIIB vs LH
growth of $100 · last 30yBIIB +4787.8%LH +1439.9%BIIB compounded faster
BIIB LH
BIIB vs LH: by the numbers
- •BIIB is the larger company ($29.22B vs $21.69B market cap).
- •BIIB trades at the lower earnings multiple (21.42 vs 23.57 P/E).
- •BIIB converts more revenue to profit (13.92% vs 6.66% net margin).
- •LH grew revenue faster over the past five years (-1.58% vs -4.80% CAGR).
- •LH pays a dividend (1.08% yield) while BIIB does not currently pay one.
Which is better, BIIB or LH?
Metric tally: BIIB 9 · LH 6It depends on what you're optimizing for:
ValueBIIB(lower P/E)
GrowthLH(faster 5Y revenue CAGR)
QualityLH(higher ROIC)
Metrics side by side
Valuation
| Metric | BIIB | LH |
|---|---|---|
| P/E ratio | 21.42● | 23.57 |
| Forward P/E | 12.26● | 13.65 |
| P/S ratio | 3.01 | 1.56● |
| P/B ratio | 1.59● | 2.53 |
| PEG ratio | — | 1.28 |
| EV / EBITDA | 12.16● | 13.73 |
| FCF yield | 8.83%● | 6.27% |
Profitability
| Metric | BIIB | LH |
|---|---|---|
| Gross margin | 69.77%● | 27.79% |
| Operating margin | 15.65%● | 11.03% |
| Net margin | 13.92%● | 6.66% |
| ROE | 7.36% | 10.79%● |
| ROIC | 6.62% | 7.39%● |
Dividends
| Metric | BIIB | LH |
|---|---|---|
| Dividend yield | — | 1.08% |
| Payout ratio | — | 27.32% |
Growth (annualized)
| Metric | BIIB | LH |
|---|---|---|
| Revenue CAGR (5Y) | -4.80% | -1.58%● |
| EPS CAGR (5Y) | -18.67% | -8.00%● |
| FCF CAGR (5Y) | -3.59%● | -12.63% |
| Total return CAGR (5Y) | -12.99% | 4.48%● |
Frequently asked
- Which is better, BIIB or LH?
- It depends on your goal. value: BIIB (lower P/E); growth: LH (faster 5Y revenue CAGR); quality: LH (higher ROIC). Across all compared metrics, BIIB leads 9 to 6.
- Is BIIB or LH cheaper?
- On trailing earnings, BIIB is cheaper: BIIB trades at a 21.42 P/E and LH at 23.57.
- Which has grown faster, BIIB or LH?
- Over the past five years, LH grew revenue faster — BIIB at a -4.80% CAGR versus LH at -1.58%.
- Does BIIB or LH pay a bigger dividend?
- LH pays a dividend (1.08% yield) while BIIB does not currently pay one.
- Is BIIB or LH more profitable?
- BIIB runs the higher net margin — BIIB at 13.92% versus LH at 6.66%.
- Which has been the better investment, BIIB or LH?
- Over the past 10-year, LH delivered the higher annualized total return — BIIB at -1.88% versus LH at 9.88%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Biogen P/E ratioLabcorp P/E ratioBiogen dividend yieldLabcorp dividend yieldBiogen ROELabcorp ROEBiogen operating marginLabcorp operating marginBiogen revenue growthLabcorp revenue growthBiogen free cash flowLabcorp free cash flow
Biogen & 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 June 15, 2026.