Labcorp Holdings Inc. (LH) vs STERIS plc (STE)
A side-by-side comparison of Labcorp Holdings Inc. and STERIS plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 10, 2026. Differences are shown without an overall score or investment verdict.
LH
Labcorp Holdings Inc.
$320.32HealthcareDelayed quote: Aug 10, 2026, 1:15 PM EDT
STE
STERIS plc
$236.63HealthcareDelayed quote: Aug 10, 2026, 1:15 PM EDT
Total return — LH vs STE
growth of $100 · dividends reinvested · last 10yLH +179.3% (+10.8%/yr)STE +270.9% (+14.0%/yr)STE compounded faster over this window
LH STE
LH vs STE: by the numbers
- •LH is the larger company ($26.27B vs $23.06B market cap).
- •LH trades at the lower trailing earnings multiple (26.40 vs 29.03 P/E), one valuation lens rather than an overall verdict.
- •STE converts more revenue to profit (13.31% vs 6.99% net margin).
- •STE grew revenue faster over the past five years (5.93% vs -2.62% CAGR).
- •STE pays the higher dividend yield (1.06% vs 0.90%).
Metrics side by side
Valuation
| Metric | LH | STE |
|---|---|---|
| P/E ratio | 26.40 | 29.03 |
| Forward P/E | 17.48 | 23.29 |
| P/S ratio | 1.82 | 3.86 |
| P/B ratio | 3.04 | 3.19 |
| EV / EBITDA | 14.17 | 13.45 |
| FCF yield | 4.41% | 4.24% |
Profitability
| Metric | LH | STE |
|---|---|---|
| Gross margin | 27.85% | 43.97% |
| Operating margin | 11.27% | 18.83% |
| Net margin | 6.99% | 13.31% |
| ROE | 11.65% | 8.38% |
| ROIC | 7.39% | 8.47% |
Dividends
| Metric | LH | STE |
|---|---|---|
| Dividend yield | 0.90% | 1.06% |
| Payout ratio | 27.32% | 31.78% |
Growth (annualized)
| Metric | LH | STE |
|---|---|---|
| Revenue CAGR (5Y) | -2.62% | 5.93% |
| EPS CAGR (5Y) | -8.00% | 11.22% |
| FCF CAGR (5Y) | -16.45% | 16.89% |
| Total return CAGR (5Y) | 5.57% | 2.86% |
Frequently asked
- Which has the lower trailing P/E, LH or STE?
- LH has the lower trailing P/E: LH trades at 26.40 and STE at 29.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, LH or STE?
- Over the past five years, STE grew revenue faster — LH at a -2.62% CAGR versus STE at 5.93%.
- Does LH or STE pay a bigger dividend?
- LH yields 0.90% and STE yields 1.06% based on trailing dividends and the latest price.
- Is LH or STE more profitable?
- STE runs the higher net margin — LH at 6.99% versus STE at 13.31%.
- How have LH and STE total returns compared?
- Over the past 10 years, LH delivered 10.75% and STE delivered 13.80% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Labcorp P/E ratioSTERIS P/E ratioLabcorp dividend yieldSTERIS dividend yieldLabcorp ROESTERIS ROELabcorp operating marginSTERIS operating marginLabcorp revenue growthSTERIS revenue growthLabcorp free cash flowSTERIS free cash flow
Labcorp & STERIS 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 August 10, 2026.