Labcorp Holdings Inc. (LH) vs West Pharmaceutical Services, Inc. (WST)

LH leads on 9 of 17 compared metrics.

A side-by-side comparison of Labcorp Holdings Inc. and West Pharmaceutical Services, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 27, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — LH vs WST

growth of $100 · last 30y
LH +1505.4%WST +5121.0%WST compounded faster
02k4k6kStart $100200120062011201620212026$1,605$5,221
LH WST

LH vs WST: by the numbers

  • WST is the larger company ($24.79B vs $22.26B market cap).
  • LH trades at the lower earnings multiple (24.05 vs 46.84 P/E).
  • WST converts more revenue to profit (16.85% vs 6.66% net margin).
  • WST grew revenue faster over the past five years (6.72% vs -1.58% CAGR).
  • LH pays the higher dividend yield (1.06% vs 0.25%).

Which is better, LH or WST?

Metric tally: LH 9 · WST 8

It depends on what you're optimizing for:

ValueLH(lower P/E)
GrowthWST(faster 5Y revenue CAGR)
IncomeLH(higher dividend yield)
QualityWST(higher ROIC)

Metrics side by side

Valuation

MetricLHWST
P/E ratio24.0546.84
Forward P/E13.9336.63
P/S ratio1.597.89
P/B ratio2.588.49
PEG ratio1.2833.99
EV / EBITDA12.8029.94
FCF yield6.15%1.80%

Profitability

MetricLHWST
Gross margin27.79%36.24%
Operating margin11.03%20.67%
Net margin6.66%16.85%
ROE10.79%18.15%
ROIC7.39%13.62%

Dividends

MetricLHWST
Dividend yield1.06%0.25%
Payout ratio27.32%12.88%

Growth (annualized)

MetricLHWST
Revenue CAGR (5Y)-1.58%6.72%
EPS CAGR (5Y)-8.00%7.85%
FCF CAGR (5Y)-12.63%8.32%
Total return CAGR (5Y)4.47%-0.26%

Frequently asked

Which is better, LH or WST?
It depends on your goal. value: LH (lower P/E); growth: WST (faster 5Y revenue CAGR); income: LH (higher dividend yield); quality: WST (higher ROIC). Across all compared metrics, LH leads 9 to 8.
Is LH or WST cheaper?
On trailing earnings, LH is cheaper: LH trades at a 24.05 P/E and WST at 46.84.
Which has grown faster, LH or WST?
Over the past five years, WST grew revenue faster — LH at a -1.58% CAGR versus WST at 6.72%.
Does LH or WST pay a bigger dividend?
LH yields 1.06% and WST yields 0.25% based on trailing dividends and the latest price.
Is LH or WST more profitable?
WST runs the higher net margin — LH at 6.66% versus WST at 16.85%.
Which has been the better investment, LH or WST?
Over the past 10-year, WST delivered the higher annualized total return — LH at 9.88% versus WST at 17.45%. 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 June 27, 2026.