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.

Compare

Total returnLH vs STE

growth of $100 · dividends reinvested · last 10y
LH +179.3% (+10.8%/yr)STE +270.9% (+14.0%/yr)STE compounded faster over this window
100200300400Start $10020182020202220242026$279$371
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

MetricLHSTE
P/E ratio26.4029.03
Forward P/E17.4823.29
P/S ratio1.823.86
P/B ratio3.043.19
EV / EBITDA14.1713.45
FCF yield4.41%4.24%

Profitability

MetricLHSTE
Gross margin27.85%43.97%
Operating margin11.27%18.83%
Net margin6.99%13.31%
ROE11.65%8.38%
ROIC7.39%8.47%

Dividends

MetricLHSTE
Dividend yield0.90%1.06%
Payout ratio27.32%31.78%

Growth (annualized)

MetricLHSTE
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.

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.