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 September 13, 2026. Differences are shown without an overall score or investment verdict.
DGX
Quest Diagnostics Incorporated
$236.44HealthcareDelayed quote: Sep 24, 2026, 3:59 PM EDT
LH
Labcorp Holdings Inc.
$308.95HealthcareDelayed quote: Sep 24, 2026, 4:00 PM EDT
Total return — DGX vs LH
growth of $100 · dividends reinvested · last 10yDGX +250.4% (+13.4%/yr)LH +176.5% (+10.7%/yr)DGX compounded faster over this window
DGX LH
DGX vs LH: by the numbers
- •DGX is the larger company ($26.10B vs $25.33B market cap).
- •DGX trades at the lower trailing earnings multiple (25.10 vs 25.55 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 (1.41% vs 0.92%).
Metrics side by side
Valuation
| Metric | DGX | LH |
|---|---|---|
| P/E ratio | 25.10 | 25.55 |
| Forward P/E | 21.13 | 16.84 |
| P/S ratio | 2.26 | 1.77 |
| P/B ratio | 3.47 | 2.94 |
| EV / EBITDA | 15.95 | 13.81 |
| FCF yield | 4.67% | 4.56% |
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 | 8.25% | 8.02% |
Dividends
| Metric | DGX | LH |
|---|---|---|
| Dividend yield | 1.41% | 0.92% |
| Payout ratio | 35.24% | 23.82% |
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) | 10.93% | 4.91% |
Frequently asked
- Which has the lower trailing P/E, DGX or LH?
- DGX has the lower trailing P/E: DGX trades at 25.10 and LH at 25.55. 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 1.41% and LH yields 0.92% 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 13.51% and LH delivered 10.97% 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 September 13, 2026.