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 September 13, 2026. Differences are shown without an overall score or investment verdict.
LH
Labcorp Holdings Inc.
$308.95HealthcareDelayed quote: Sep 24, 2026, 4:00 PM EDT
STE
STERIS plc
$208.77HealthcareDelayed quote: Sep 24, 2026, 4:00 PM EDT
Total return — LH vs STE
growth of $100 · dividends reinvested · last 10yLH +182.6% (+10.9%/yr)STE +228.7% (+12.6%/yr)STE compounded faster over this window
LH STE
LH vs STE: by the numbers
- •LH is the larger company ($25.33B vs $20.35B market cap).
- •STE converts more revenue to profit (13.33% vs 6.99% net margin).
- •STE grew revenue faster over the past five years (12.13% vs -2.62% CAGR).
- •STE pays the higher dividend yield (1.20% vs 0.92%).
Metrics side by side
Valuation
| Metric | LH | STE |
|---|---|---|
| P/E ratio | 25.55 | 25.52 |
| Forward P/E | 16.84 | 18.63 |
| P/S ratio | 1.77 | 3.37 |
| P/B ratio | 2.94 | 2.82 |
| EV / EBITDA | 13.81 | 12.08 |
| FCF yield | 4.56% | 4.55% |
Profitability
| Metric | LH | STE |
|---|---|---|
| Gross margin | 27.85% | 44.43% |
| Operating margin | 11.27% | 18.91% |
| Net margin | 6.99% | 13.33% |
| ROE | 11.65% | 11.17% |
| ROIC | 8.02% | 8.74% |
Dividends
| Metric | LH | STE |
|---|---|---|
| Dividend yield | 0.92% | 1.20% |
| Payout ratio | 23.82% | 30.81% |
Growth (annualized)
| Metric | LH | STE |
|---|---|---|
| Revenue CAGR (5Y) | -2.62% | 12.13% |
| EPS CAGR (5Y) | -8.00% | 11.22% |
| FCF CAGR (5Y) | -16.45% | 16.89% |
| Total return CAGR (5Y) | 4.91% | 1.08% |
Frequently asked
- Which has the lower trailing P/E, LH or STE?
- STE has the lower trailing P/E: LH trades at 25.55 and STE at 25.52. 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 12.13%.
- Does LH or STE pay a bigger dividend?
- LH yields 0.92% and STE yields 1.20% 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 13.33%.
- How have LH and STE total returns compared?
- Over the past 10 years, LH delivered 10.97% and STE delivered 12.75% 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 September 13, 2026.