Labcorp Holdings Inc. (LH) vs Zimmer Biomet Holdings, Inc. (ZBH)

ZBH leads on 10 of 15 compared metrics.

A side-by-side comparison of Labcorp Holdings Inc. and Zimmer Biomet Holdings, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 19, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — LH vs ZBH

growth of $100 · last 25y
LH +582.6%ZBH +204.7%LH compounded faster
0200400600800Start $10020062011201620212026$683$305
LH ZBH

LH vs ZBH: by the numbers

  • LH is the larger company ($20.98B vs $17.02B market cap).
  • LH trades at the lower earnings multiple (22.66 vs 22.85 P/E).
  • ZBH converts more revenue to profit (9.05% vs 6.66% net margin).
  • ZBH grew revenue faster over the past five years (4.21% vs -1.58% CAGR).
  • LH pays the higher dividend yield (1.13% vs 1.09%).

Which is better, LH or ZBH?

Metric tally: LH 5 · ZBH 10

It depends on what you're optimizing for:

GrowthZBH(faster 5Y revenue CAGR)
IncomeLH(higher dividend yield)
QualityLH(higher ROIC)

Metrics side by side

Valuation

MetricLHZBH
P/E ratio22.6622.85
Forward P/E13.129.77
P/S ratio1.502.05
P/B ratio2.431.36
PEG ratio1.28
EV / EBITDA13.3211.00
FCF yield6.53%10.66%

Profitability

MetricLHZBH
Gross margin27.79%70.03%
Operating margin11.03%15.61%
Net margin6.66%9.05%
ROE10.79%6.01%
ROIC7.39%5.48%

Dividends

MetricLHZBH
Dividend yield1.13%1.09%
Payout ratio27.32%26.97%

Growth (annualized)

MetricLHZBH
Revenue CAGR (5Y)-1.58%4.21%
EPS CAGR (5Y)-8.00%-7.05%
FCF CAGR (5Y)-12.63%15.41%
Total return CAGR (5Y)3.80%-9.82%

Frequently asked

Which is better, LH or ZBH?
It depends on your goal. growth: ZBH (faster 5Y revenue CAGR); income: LH (higher dividend yield); quality: LH (higher ROIC). Across all compared metrics, ZBH leads 10 to 5.
Is LH or ZBH cheaper?
On trailing earnings, LH is cheaper: LH trades at a 22.66 P/E and ZBH at 22.85.
Which has grown faster, LH or ZBH?
Over the past five years, ZBH grew revenue faster — LH at a -1.58% CAGR versus ZBH at 4.21%.
Does LH or ZBH pay a bigger dividend?
LH yields 1.13% and ZBH yields 1.09% based on trailing dividends and the latest price.
Is LH or ZBH more profitable?
ZBH runs the higher net margin — LH at 6.66% versus ZBH at 9.05%.
Which has been the better investment, LH or ZBH?
Over the past 10-year, LH delivered the higher annualized total return — LH at 9.57% versus ZBH at -1.68%. 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 19, 2026.