Labcorp Holdings Inc. (LH) vs Zoetis Inc. (ZTS)

A side-by-side comparison of Labcorp Holdings Inc. and Zoetis 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 returnLH vs ZTS

growth of $100 · dividends reinvested · last 10y
LH +194.2% (+11.4%/yr)ZTS +58.8% (+4.7%/yr)LH compounded faster over this window
100200300400500Start $10020182020202220242026$294$159
LH ZTS

LH vs ZTS: by the numbers

  • ZTS is the larger company ($30.61B vs $26.61B market cap).
  • ZTS trades at the lower trailing earnings multiple (12.03 vs 26.84 P/E), one valuation lens rather than an overall verdict.
  • ZTS converts more revenue to profit (27.49% vs 6.99% net margin).
  • ZTS grew revenue faster over the past five years (5.13% vs -2.62% CAGR).
  • ZTS pays the higher dividend yield (2.85% vs 0.92%).

Metrics side by side

Valuation

MetricLHZTS
P/E ratio26.8412.03
Forward P/E17.6811.68
P/S ratio1.853.22
P/B ratio3.099.72
EV / EBITDA14.369.58
FCF yield4.34%7.73%

Profitability

MetricLHZTS
Gross margin27.85%70.87%
Operating margin11.27%37.00%
Net margin6.99%27.49%
ROE11.65%83.10%
ROIC8.02%21.63%

Dividends

MetricLHZTS
Dividend yield0.92%2.85%
Payout ratio23.82%34.43%

Growth (annualized)

MetricLHZTS
Revenue CAGR (5Y)-2.62%5.13%
EPS CAGR (5Y)-8.00%11.88%
FCF CAGR (5Y)-16.45%6.81%
Total return CAGR (5Y)4.91%-17.75%

Frequently asked

Which has the lower trailing P/E, LH or ZTS?
ZTS has the lower trailing P/E: LH trades at 26.84 and ZTS at 12.03. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, LH or ZTS?
Over the past five years, ZTS grew revenue faster — LH at a -2.62% CAGR versus ZTS at 5.13%.
Does LH or ZTS pay a bigger dividend?
LH yields 0.92% and ZTS yields 2.85% based on trailing dividends and the latest price.
Is LH or ZTS more profitable?
ZTS runs the higher net margin — LH at 6.99% versus ZTS at 27.49%.
How have LH and ZTS total returns compared?
Over the past 10 years, LH delivered 10.97% and ZTS delivered 4.74% 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.