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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnINCY vs LH

growth of $100 · dividends reinvested · last 10y
INCY +47.9% (+4.0%/yr)LH +182.6% (+10.9%/yr)LH compounded faster over this window
100200300Start $10020182020202220242026$148$283
INCY LH

INCY vs LH: by the numbers

  • LH is the larger company ($26.30B vs $25.40B market cap).
  • INCY trades at the lower trailing earnings multiple (15.96 vs 26.53 P/E), one valuation lens rather than an overall verdict.
  • INCY converts more revenue to profit (27.71% vs 6.99% net margin).
  • INCY grew revenue faster over the past five years (16.43% vs -2.62% CAGR).
  • LH pays a dividend (0.92% yield), while INCY has no payments in the available dividend history.

Metrics side by side

Valuation

MetricINCYLH
P/E ratio15.9626.53
Forward P/E33.3117.48
P/S ratio4.361.83
P/B ratio4.003.06
EV / EBITDA11.0814.23
FCF yield7.56%4.39%

Profitability

MetricINCYLH
Gross margin92.62%27.85%
Operating margin31.57%11.27%
Net margin27.71%6.99%
ROE25.41%11.65%
ROIC22.95%8.02%

Dividends

MetricINCYLH
Dividend yieldN/A0.92%
Payout ratioN/A23.82%

Growth (annualized)

MetricINCYLH
Revenue CAGR (5Y)16.43%-2.62%
EPS CAGR (5Y)21.19%-8.00%
FCF CAGR (5Y)33.69%-16.45%
Total return CAGR (5Y)11.30%4.91%

Frequently asked

Which has the lower trailing P/E, INCY or LH?
INCY has the lower trailing P/E: INCY trades at 15.96 and LH at 26.53. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, INCY or LH?
Over the past five years, INCY grew revenue faster — INCY at a 16.43% CAGR versus LH at -2.62%.
Does INCY or LH pay a bigger dividend?
LH pays a dividend (0.92% yield), while INCY has no payments in the available dividend history.
Is INCY or LH more profitable?
INCY runs the higher net margin — INCY at 27.71% versus LH at 6.99%.
How have INCY and LH total returns compared?
Over the past 10 years, INCY delivered 4.38% and LH delivered 10.97% annualized total return. 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 September 13, 2026.