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.

Compare

Total return — LH vs STE

growth of $100 · dividends reinvested · last 10y
LH +182.6% (+10.9%/yr)STE +228.7% (+12.6%/yr)STE compounded faster over this window
100200300400Start $10020182020202220242026$283$329
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

MetricLHSTE
P/E ratio25.5525.52
Forward P/E16.8418.63
P/S ratio1.773.37
P/B ratio2.942.82
EV / EBITDA13.8112.08
FCF yield4.56%4.55%

Profitability

MetricLHSTE
Gross margin27.85%44.43%
Operating margin11.27%18.91%
Net margin6.99%13.33%
ROE11.65%11.17%
ROIC8.02%8.74%

Dividends

MetricLHSTE
Dividend yield0.92%1.20%
Payout ratio23.82%30.81%

Growth (annualized)

MetricLHSTE
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.

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.