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).
Total return — INCY vs LH
growth of $100 · last 30yINCY +1055.5%LH +1461.8%LH compounded faster
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 3It depends on what you're optimizing for:
ValueINCY(lower P/E)
GrowthINCY(faster 5Y revenue CAGR)
QualityINCY(higher ROIC)
Metrics side by side
Valuation
| Metric | INCY | LH |
|---|---|---|
| P/E ratio | 13.87● | 22.66 |
| Forward P/E | 11.04● | 13.12 |
| P/S ratio | 3.79 | 1.50● |
| P/B ratio | 3.66 | 2.43● |
| PEG ratio | 0.65● | 1.28 |
| EV / EBITDA | 9.03● | 13.32 |
| FCF yield | 7.14%● | 6.53% |
Profitability
| Metric | INCY | LH |
|---|---|---|
| Gross margin | 92.48%● | 27.79% |
| Operating margin | 27.05%● | 11.03% |
| Net margin | 26.71%● | 6.66% |
| ROE | 25.79%● | 10.79% |
| ROIC | 20.58%● | 7.39% |
Dividends
| Metric | INCY | LH |
|---|---|---|
| Dividend yield | — | 1.13% |
| Payout ratio | — | 27.32% |
Growth (annualized)
| Metric | INCY | LH |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Incyte P/E ratioLabcorp P/E ratioIncyte dividend yieldLabcorp dividend yieldIncyte ROELabcorp ROEIncyte operating marginLabcorp operating marginIncyte revenue growthLabcorp revenue growthIncyte free cash flowLabcorp free cash flow
Incyte & 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 21, 2026.