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).
LH
Labcorp Holdings Inc.
$271.47Healthcare
WST
West Pharmaceutical Services, Inc.
$350.85Healthcare
Total return — LH vs WST
growth of $100 · last 30yLH +1505.4%WST +5121.0%WST compounded faster
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 8It 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
| Metric | LH | WST |
|---|---|---|
| P/E ratio | 24.05● | 46.84 |
| Forward P/E | 13.93● | 36.63 |
| P/S ratio | 1.59● | 7.89 |
| P/B ratio | 2.58● | 8.49 |
| PEG ratio | 1.28● | 33.99 |
| EV / EBITDA | 12.80● | 29.94 |
| FCF yield | 6.15%● | 1.80% |
Profitability
| Metric | LH | WST |
|---|---|---|
| Gross margin | 27.79% | 36.24%● |
| Operating margin | 11.03% | 20.67%● |
| Net margin | 6.66% | 16.85%● |
| ROE | 10.79% | 18.15%● |
| ROIC | 7.39% | 13.62%● |
Dividends
| Metric | LH | WST |
|---|---|---|
| Dividend yield | 1.06%● | 0.25% |
| Payout ratio | 27.32% | 12.88% |
Growth (annualized)
| Metric | LH | WST |
|---|---|---|
| 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.
Go deeper
Dig into the metrics
Labcorp P/E ratioWest Pharmaceutical Services P/E ratioLabcorp dividend yieldWest Pharmaceutical Services dividend yieldLabcorp ROEWest Pharmaceutical Services ROELabcorp operating marginWest Pharmaceutical Services operating marginLabcorp revenue growthWest Pharmaceutical Services revenue growthLabcorp free cash flowWest Pharmaceutical Services free cash flow
Labcorp & West Pharmaceutical Services 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 June 27, 2026.