Quest Diagnostics Incorporated (DGX) vs Labcorp Holdings Inc. (LH)
A side-by-side comparison of Quest Diagnostics Incorporated and Labcorp Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.
DGX
Quest Diagnostics Incorporated
$237.07HealthcareDelayed quote: Aug 10, 2026, 12:19 PM EDT
LH
Labcorp Holdings Inc.
$318.99HealthcareDelayed quote: Aug 10, 2026, 12:20 PM EDT
Total return — DGX vs LH
growth of $100 · dividends reinvested · last 10yDGX +240.1% (+13.0%/yr)LH +180.6% (+10.9%/yr)DGX compounded faster over this window
DGX LH
DGX vs LH: by the numbers
- •DGX is the larger company ($26.17B vs $26.16B market cap).
- •DGX trades at the lower trailing earnings multiple (25.30 vs 26.40 P/E), one valuation lens rather than an overall verdict.
- •DGX converts more revenue to profit (9.19% vs 6.99% net margin).
- •DGX grew revenue faster over the past five years (0.89% vs -2.62% CAGR).
- •DGX pays the higher dividend yield (1.39% vs 0.90%).
Metrics side by side
Valuation
| Metric | DGX | LH |
|---|---|---|
| P/E ratio | 25.30 | 26.40 |
| Forward P/E | 21.30 | 17.48 |
| P/S ratio | 2.31 | 1.82 |
| P/B ratio | 3.55 | 3.04 |
| EV / EBITDA | 16.25 | 14.17 |
| FCF yield | 4.57% | 4.41% |
Profitability
| Metric | DGX | LH |
|---|---|---|
| Gross margin | 33.15% | 27.85% |
| Operating margin | 14.14% | 11.27% |
| Net margin | 9.19% | 6.99% |
| ROE | 14.13% | 11.65% |
| ROIC | 8.43% | 7.39% |
Dividends
| Metric | DGX | LH |
|---|---|---|
| Dividend yield | 1.39% | 0.90% |
| Payout ratio | 37.43% | 27.32% |
Growth (annualized)
| Metric | DGX | LH |
|---|---|---|
| Revenue CAGR (5Y) | 0.89% | -2.62% |
| EPS CAGR (5Y) | -3.65% | -8.00% |
| FCF CAGR (5Y) | -10.89% | -16.45% |
| Total return CAGR (5Y) | 12.37% | 5.57% |
Frequently asked
- Which has the lower trailing P/E, DGX or LH?
- DGX has the lower trailing P/E: DGX trades at 25.30 and LH at 26.40. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, DGX or LH?
- Over the past five years, DGX grew revenue faster — DGX at a 0.89% CAGR versus LH at -2.62%.
- Does DGX or LH pay a bigger dividend?
- DGX yields 1.39% and LH yields 0.90% based on trailing dividends and the latest price.
- Is DGX or LH more profitable?
- DGX runs the higher net margin — DGX at 9.19% versus LH at 6.99%.
- How have DGX and LH total returns compared?
- Over the past 10 years, DGX delivered 12.97% and LH delivered 10.75% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Quest Diagnostics P/E ratioLabcorp P/E ratioQuest Diagnostics dividend yieldLabcorp dividend yieldQuest Diagnostics ROELabcorp ROEQuest Diagnostics operating marginLabcorp operating marginQuest Diagnostics revenue growthLabcorp revenue growthQuest Diagnostics free cash flowLabcorp free cash flow
Quest Diagnostics & 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 August 10, 2026.