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 August 11, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnLH vs WST

growth of $100 · dividends reinvested · last 10y
LH +181.3% (+10.9%/yr)WST +350.9% (+16.3%/yr)WST compounded faster over this window
100200300400500600Start $10020182020202220242026$281$451
LH WST

LH vs WST: by the numbers

  • LH is the larger company ($26.44B vs $24.73B market cap).
  • LH trades at the lower trailing earnings multiple (26.58 vs 45.03 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 (0.90% vs 0.25%).

Metrics side by side

Valuation

MetricLHWST
P/E ratio26.5845.03
Forward P/E17.6039.38
P/S ratio1.847.55
P/B ratio3.068.40
EV / EBITDA14.2528.82
FCF yield4.38%1.74%

Profitability

MetricLHWST
Gross margin27.85%36.77%
Operating margin11.27%20.64%
Net margin6.99%16.98%
ROE11.65%18.89%
ROIC7.39%13.62%

Dividends

MetricLHWST
Dividend yield0.90%0.25%
Payout ratio27.32%12.88%

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)5.47%-3.44%

Frequently asked

Which has the lower trailing P/E, LH or WST?
LH has the lower trailing P/E: LH trades at 26.58 and WST at 45.03. 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 0.90% 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 6.99% versus WST at 16.98%.
How have LH and WST total returns compared?
Over the past 10 years, LH delivered 10.88% and WST delivered 16.17% 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 August 11, 2026.