Is LH or STE cheaper?

On trailing earnings, LH is cheaper: LH trades at a 23.58 P/E and STE at 26.56.

Which has grown faster, LH or STE?

Over the past five years, STE grew revenue faster — LH at a -1.58% CAGR versus STE at 13.82%.

Does LH or STE pay a bigger dividend?

LH yields 1.08% 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 6.66% versus STE at 13.18%.

Which has been the better investment, LH or STE?

Over the past 10-year, STE delivered the higher annualized total return — LH at 9.67% versus STE at 13.60%. Past performance doesn't predict future results.

Labcorp Holdings Inc. (LH) vs STERIS plc (STE)

STE leads on 10 of 16 compared metrics, though LH is the cheaper stock.

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 June 25, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Labcorp Holdings Inc.

Total return — LH vs STE

growth of $100 · last 30y

LH +1474.2%STE +1226.2%LH compounded faster

LH STE

LH vs STE: by the numbers

•LH is the larger company ($21.83B vs $20.52B market cap).
•LH trades at the lower earnings multiple (23.58 vs 26.56 P/E).
•STE converts more revenue to profit (13.18% vs 6.66% net margin).
•STE grew revenue faster over the past five years (13.82% vs -1.58% CAGR).
•STE pays the higher dividend yield (1.20% vs 1.08%).

Which is better, LH or STE?

Metric tally: LH 6 · STE 10

It depends on what you're optimizing for:

ValueLH(lower P/E)

GrowthSTE(faster 5Y revenue CAGR)

IncomeSTE(higher dividend yield)

QualitySTE(higher ROIC)

Metrics side by side

Valuation

Metric	LH	STE
P/E ratio	23.58●	26.56
Forward P/E	13.66●	20.65
P/S ratio	1.56●	3.49
P/B ratio	2.53●	2.88
PEG ratio	1.28	1.03●
EV / EBITDA	13.73	12.24●
FCF yield	6.27%●	4.69%

Profitability

Metric	LH	STE
Gross margin	27.79%	44.25%●
Operating margin	11.03%	18.56%●
Net margin	6.66%	13.18%●
ROE	10.79%	10.89%
ROIC	7.39%	8.47%●

Dividends

Metric	LH	STE
Dividend yield	1.08%	1.20%●
Payout ratio	27.32%	31.78%

Growth (annualized)

Metric	LH	STE
Revenue CAGR (5Y)	-1.58%	13.82%●
EPS CAGR (5Y)	-8.00%	11.22%●
FCF CAGR (5Y)	-12.63%	16.64%●
Total return CAGR (5Y)	4.07%●	1.32%

Frequently asked

Which is better, LH or STE?: It depends on your goal. value: LH (lower P/E); growth: STE (faster 5Y revenue CAGR); income: STE (higher dividend yield); quality: STE (higher ROIC). Across all compared metrics, STE leads 10 to 6.
Is LH or STE cheaper?: On trailing earnings, LH is cheaper: LH trades at a 23.58 P/E and STE at 26.56.
Which has grown faster, LH or STE?: Over the past five years, STE grew revenue faster — LH at a -1.58% CAGR versus STE at 13.82%.
Does LH or STE pay a bigger dividend?: LH yields 1.08% 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 6.66% versus STE at 13.18%.
Which has been the better investment, LH or STE?: Over the past 10-year, STE delivered the higher annualized total return — LH at 9.67% versus STE at 13.60%. Past performance doesn't predict future results.

Go deeper

Full LH analysis Full STE analysis Interactive comparison tool

Dig into the metrics

Labcorp P/E ratio STERIS P/E ratio Labcorp dividend yield STERIS dividend yield Labcorp ROE STERIS ROE Labcorp operating margin STERIS operating margin Labcorp revenue growth STERIS revenue growth Labcorp free cash flow STERIS free cash flow

Labcorp & STERIS appear in these rankings

Highest FCF Yield Stocks Best 10-Year Total Return Stocks

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 25, 2026.