Quest Diagnostics Incorporated (DGX) vs Labcorp Holdings Inc. (LH)

DGX leads on 11 of 16 compared metrics.

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 June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — DGX vs LH

growth of $100 · last 30y
DGX +5792.6%LH +4033.5%DGX compounded faster
02k4k6kStart $100200120062011201620212026$5,893$4,134
DGX LH

DGX vs LH: by the numbers

  • DGX is the larger company ($22.83B vs $21.83B market cap).
  • DGX trades at the lower earnings multiple (22.79 vs 23.58 P/E).
  • DGX converts more revenue to profit (9.08% vs 6.66% net margin).
  • DGX grew revenue faster over the past five years (1.76% vs -1.58% CAGR).
  • DGX pays the higher dividend yield (1.58% vs 1.08%).

Which is better, DGX or LH?

Metric tally: DGX 11 · LH 5

It depends on what you're optimizing for:

ValueDGX(lower P/E)
GrowthDGX(faster 5Y revenue CAGR)
IncomeDGX(higher dividend yield)
QualityDGX(higher ROIC)

Metrics side by side

Valuation

MetricDGXLH
P/E ratio22.7923.58
Forward P/E17.6713.66
P/S ratio2.051.56
P/B ratio3.142.53
PEG ratio1.431.28
EV / EBITDA13.9813.73
FCF yield5.74%6.27%

Profitability

MetricDGXLH
Gross margin33.23%27.79%
Operating margin14.31%11.03%
Net margin9.08%6.66%
ROE13.90%10.79%
ROIC8.43%7.39%

Dividends

MetricDGXLH
Dividend yield1.58%1.08%
Payout ratio36.75%27.32%

Growth (annualized)

MetricDGXLH
Revenue CAGR (5Y)1.76%-1.58%
EPS CAGR (5Y)-3.65%-8.00%
FCF CAGR (5Y)-8.51%-12.63%
Total return CAGR (5Y)11.90%4.07%

Frequently asked

Which is better, DGX or LH?
It depends on your goal. value: DGX (lower P/E); growth: DGX (faster 5Y revenue CAGR); income: DGX (higher dividend yield); quality: DGX (higher ROIC). Across all compared metrics, DGX leads 11 to 5.
Is DGX or LH cheaper?
On trailing earnings, DGX is cheaper: DGX trades at a 22.79 P/E and LH at 23.58.
Which has grown faster, DGX or LH?
Over the past five years, DGX grew revenue faster — DGX at a 1.76% CAGR versus LH at -1.58%.
Does DGX or LH pay a bigger dividend?
DGX yields 1.58% and LH yields 1.08% based on trailing dividends and the latest price.
Is DGX or LH more profitable?
DGX runs the higher net margin — DGX at 9.08% versus LH at 6.66%.
Which has been the better investment, DGX or LH?
Over the past 10-year, DGX delivered the higher annualized total return — DGX at 12.28% versus LH at 9.67%. 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 June 26, 2026.