Incyte Corporation (INCY) vs Labcorp Holdings Inc. (LH)

INCY leads on 13 of 16 compared metrics.

A side-by-side comparison of Incyte Corporation and Labcorp Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 21, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — INCY vs LH

growth of $100 · last 30y
INCY +1055.5%LH +1461.8%LH compounded faster
05001k2kStart $100200120062011201620212026$1,156$1,562
INCY LH

INCY vs LH: by the numbers

  • LH is the larger company ($20.98B vs $19.62B market cap).
  • INCY trades at the lower earnings multiple (13.87 vs 22.66 P/E).
  • INCY converts more revenue to profit (26.71% vs 6.66% net margin).
  • INCY grew revenue faster over the past five years (14.68% vs -1.58% CAGR).
  • LH pays a dividend (1.13% yield) while INCY does not currently pay one.

Which is better, INCY or LH?

Metric tally: INCY 13 · LH 3

It depends on what you're optimizing for:

ValueINCY(lower P/E)
GrowthINCY(faster 5Y revenue CAGR)
QualityINCY(higher ROIC)

Metrics side by side

Valuation

MetricINCYLH
P/E ratio13.8722.66
Forward P/E11.0413.12
P/S ratio3.791.50
P/B ratio3.662.43
PEG ratio0.651.28
EV / EBITDA9.0313.32
FCF yield7.14%6.53%

Profitability

MetricINCYLH
Gross margin92.48%27.79%
Operating margin27.05%11.03%
Net margin26.71%6.66%
ROE25.79%10.79%
ROIC20.58%7.39%

Dividends

MetricINCYLH
Dividend yield1.13%
Payout ratio27.32%

Growth (annualized)

MetricINCYLH
Revenue CAGR (5Y)14.68%-1.58%
EPS CAGR (5Y)21.19%-8.00%
FCF CAGR (5Y)20.60%-12.63%
Total return CAGR (5Y)3.19%3.80%

Frequently asked

Which is better, INCY or LH?
It depends on your goal. value: INCY (lower P/E); growth: INCY (faster 5Y revenue CAGR); quality: INCY (higher ROIC). Across all compared metrics, INCY leads 13 to 3.
Is INCY or LH cheaper?
On trailing earnings, INCY is cheaper: INCY trades at a 13.87 P/E and LH at 22.66.
Which has grown faster, INCY or LH?
Over the past five years, INCY grew revenue faster — INCY at a 14.68% CAGR versus LH at -1.58%.
Does INCY or LH pay a bigger dividend?
LH pays a dividend (1.13% yield) while INCY does not currently pay one.
Is INCY or LH more profitable?
INCY runs the higher net margin — INCY at 26.71% versus LH at 6.66%.
Which has been the better investment, INCY or LH?
Over the past 10-year, LH delivered the higher annualized total return — INCY at 2.45% versus LH at 9.57%. 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 21, 2026.