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

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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — LH vs WST

growth of $100 · dividends reinvested · last 10y
LH +200.7% (+11.6%/yr)WST +329.4% (+15.7%/yr)WST compounded faster over this window
100200300400500600Start $10020182020202220242026$301$429
LH WST

LH vs WST: by the numbers

  • •WST is the larger company ($26.06B vs $25.39B market cap).
  • •LH trades at the lower trailing earnings multiple (25.61 vs 47.35 P/E), one valuation lens rather than an overall verdict.
  • •WST converts more revenue to profit (16.98% vs 6.99% net margin).
  • •WST grew revenue faster over the past five years (5.68% vs -2.62% CAGR).
  • •LH pays the higher dividend yield (0.92% vs 0.26%).

Metrics side by side

Valuation

MetricLHWST
P/E ratio25.6147.35
Forward P/E16.8741.30
P/S ratio1.777.83
P/B ratio2.958.71
EV / EBITDA13.8429.92
FCF yield4.55%1.68%

Profitability

MetricLHWST
Gross margin27.85%36.77%
Operating margin11.27%20.64%
Net margin6.99%16.98%
ROE11.65%18.89%
ROIC8.02%15.77%

Dividends

MetricLHWST
Dividend yield0.92%0.26%
Payout ratio23.82%11.25%

Growth (annualized)

MetricLHWST
Revenue CAGR (5Y)-2.62%5.68%
EPS CAGR (5Y)-8.00%7.85%
FCF CAGR (5Y)-16.45%8.74%
Total return CAGR (5Y)4.91%-5.84%

Frequently asked

Which has the lower trailing P/E, LH or WST?
LH has the lower trailing P/E: LH trades at 25.61 and WST at 47.35. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LH or WST?
Over the past five years, WST grew revenue faster — LH at a -2.62% CAGR versus WST at 5.68%.
Does LH or WST pay a bigger dividend?
LH yields 0.92% and WST yields 0.26% based on trailing dividends and the latest price.
Is LH or WST more profitable?
WST runs the higher net margin — LH at 6.99% versus WST at 16.98%.
How have LH and WST total returns compared?
Over the past 10 years, LH delivered 10.97% and WST delivered 15.86% 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.