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.
LH
Labcorp Holdings Inc.
$309.64HealthcareDelayed quote: Sep 25, 2026, 4:00 PM EDT
WST
West Pharmaceutical Services, Inc.
$370.29HealthcareDelayed quote: Sep 25, 2026, 4:00 PM EDT
Total return — LH vs WST
growth of $100 · dividends reinvested · last 10yLH +200.7% (+11.6%/yr)WST +329.4% (+15.7%/yr)WST compounded faster over this window
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
| Metric | LH | WST |
|---|---|---|
| P/E ratio | 25.61 | 47.35 |
| Forward P/E | 16.87 | 41.30 |
| P/S ratio | 1.77 | 7.83 |
| P/B ratio | 2.95 | 8.71 |
| EV / EBITDA | 13.84 | 29.92 |
| FCF yield | 4.55% | 1.68% |
Profitability
| Metric | LH | WST |
|---|---|---|
| Gross margin | 27.85% | 36.77% |
| Operating margin | 11.27% | 20.64% |
| Net margin | 6.99% | 16.98% |
| ROE | 11.65% | 18.89% |
| ROIC | 8.02% | 15.77% |
Dividends
| Metric | LH | WST |
|---|---|---|
| Dividend yield | 0.92% | 0.26% |
| Payout ratio | 23.82% | 11.25% |
Growth (annualized)
| Metric | LH | WST |
|---|---|---|
| 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.
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 September 13, 2026.