IQVIA Holdings Inc. (IQV) vs Labcorp Holdings Inc. (LH)

IQV leads on 11 of 16 compared metrics.

A side-by-side comparison of IQVIA Holdings Inc. and Labcorp Holdings Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 18, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — IQV vs LH

growth of $100 · last 13y
IQV +305.3%LH +221.0%IQV compounded faster
200400600Start $1002016201920222025$405$321
IQV LH

IQV vs LH: by the numbers

  • IQV is the larger company ($28.48B vs $21.28B market cap).
  • IQV trades at the lower earnings multiple (21.15 vs 22.99 P/E).
  • IQV converts more revenue to profit (8.33% vs 6.66% net margin).
  • IQV grew revenue faster over the past five years (6.72% vs -1.58% CAGR).
  • LH pays a dividend (1.11% yield) while IQV does not currently pay one.

Which is better, IQV or LH?

Metric tally: IQV 11 · LH 5

It depends on what you're optimizing for:

ValueIQV(lower P/E)
GrowthIQV(faster 5Y revenue CAGR)
QualityIQV(higher ROIC)

Metrics side by side

Valuation

MetricIQVLH
P/E ratio21.1522.99
Forward P/E12.0513.31
P/S ratio1.741.52
P/B ratio4.662.47
PEG ratio6.341.28
EV / EBITDA12.2513.47
FCF yield8.78%6.43%

Profitability

MetricIQVLH
Gross margin26.11%27.79%
Operating margin13.86%11.03%
Net margin8.33%6.66%
ROE22.26%10.79%
ROIC8.23%7.39%

Dividends

MetricIQVLH
Dividend yield1.11%
Payout ratio27.32%

Growth (annualized)

MetricIQVLH
Revenue CAGR (5Y)6.72%-1.58%
EPS CAGR (5Y)40.21%-8.00%
FCF CAGR (5Y)4.53%-12.63%
Total return CAGR (5Y)-7.07%4.10%

Frequently asked

Which is better, IQV or LH?
It depends on your goal. value: IQV (lower P/E); growth: IQV (faster 5Y revenue CAGR); quality: IQV (higher ROIC). Across all compared metrics, IQV leads 11 to 5.
Is IQV or LH cheaper?
On trailing earnings, IQV is cheaper: IQV trades at a 21.15 P/E and LH at 22.99.
Which has grown faster, IQV or LH?
Over the past five years, IQV grew revenue faster — IQV at a 6.72% CAGR versus LH at -1.58%.
Does IQV or LH pay a bigger dividend?
LH pays a dividend (1.11% yield) while IQV does not currently pay one.
Is IQV or LH more profitable?
IQV runs the higher net margin — IQV at 8.33% versus LH at 6.66%.
Which has been the better investment, IQV or LH?
Over the past 10-year, IQV delivered the higher annualized total return — IQV at 10.41% versus LH at 9.73%. 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 18, 2026.