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Labcorp Holdings Inc. (LH) Operating Margin: 11.03%

Is Labcorp Holdings Inc.’s operating margin high or low?

Labcorp Holdings Inc.'s operating margin of 11.03% is 15% below its 5-year average of 13.00%, near the low end of its 5-year range (5.97%–23.21%).

As of Sunday, June 14, 2026. 14.78% above its 12-month average of 9.61%.

LH Operating Margin Chart

LH Operating Margin
10.87%+30.18% 1Y
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LH Average Operating Margin Chart

LH Current vs Average Operating Margin Chart

LH Operating Margin Metrics

OPERATING MARGIN

11.03%

OPERATING MARGIN AVG TTM

9.61%

OPERATING MARGIN AVG 3Y

9.32%

OPERATING MARGIN AVG 5Y

13.00%

OPERATING MARGIN AVG 10Y

12.68%

OPERATING MARGIN AVG 15Y

14.15%

OPERATING MARGIN AVG 20Y

15.34%

CURRENT VS TTM AVG

+14.78%

CURRENT VS 3Y AVG

+18.28%

CURRENT VS 5Y AVG

-15.15%

CURRENT VS 10Y AVG

-12.99%

CURRENT VS 15Y AVG

-22.04%

CURRENT VS 20Y AVG

-28.09%

LH Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Labcorp Holdings Inc. (LH)$21.83B11.03%9.61%9.32%13.00%
Mettler-Toledo International Inc. (MTD)$22.86B28.00%28.45%28.53%27.71%
BioNTech SE (BNTX)$22.90B-51.55%-35.20%5.18%14.03%
United Therapeutics Corporation (UTHR)$23.17B45.34%47.77%49.26%45.01%
Waters Corporation (WAT)$23.17B17.08%28.07%28.30%28.33%
Moderna, Inc. (MRNA)$19.80B-153.35%-140.72%-73.36%-52.24%
Veeva Systems Inc. (VEEV)$25.92B28.79%26.93%23.33%24.40%
Hologic, Inc. (HOLX)$16.97B17.49%19.66%22.41%27.16%
DexCom, Inc. (DXCM)$29.08B21.45%17.22%16.09%15.13%
Biogen Inc. (BIIB)$29.53B15.65%22.44%23.65%25.70%

Operating Efficiency

Gross Margin

27.8%

Operating Margin

11.0%

Labcorp Holdings Inc. Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Labcorp Holdings Inc. Operating Margin FAQ

What is the operating margin for Labcorp Holdings Inc. (LH)?
The operating margin for LH stock is 11.03%.
Is Labcorp Holdings Inc.'s operating margin high or low?
Labcorp Holdings Inc.'s operating margin of 11.03% is 15% below its 5-year average of 13.00%, near the low end of its 5-year range (5.97%–23.21%).
What is the TTM average operating margin for Labcorp Holdings Inc. (LH)?
The TTM average operating margin for LH stock is 9.61%.
What is the 3Y average operating margin for Labcorp Holdings Inc. (LH)?
The 3Y average operating margin for LH stock is 9.32%.
What is the 5Y average operating margin for Labcorp Holdings Inc. (LH)?
The 5Y average operating margin for LH stock is 13.00%.
What is the 10Y average operating margin for Labcorp Holdings Inc. (LH)?
The 10Y average operating margin for LH stock is 12.68%.
What is the 15Y average operating margin for Labcorp Holdings Inc. (LH)?
The 15Y average operating margin for LH stock is 14.15%.
What is the 20Y average operating margin for Labcorp Holdings Inc. (LH)?
The 20Y average operating margin for LH stock is 15.34%.

Labcorp Holdings Inc. Operating Margin History

DATEOPERATING MARGIN
2025-12-3110.87%
2024-12-318.35%
2023-12-315.97%
2022-12-3112.11%
2021-12-3123.21%
2020-12-3117.49%
2019-12-3111.51%
2018-12-3111.70%
2017-12-3113.07%
2016-12-3113.61%
2015-12-3111.55%
2014-12-3115.14%
2013-12-3117.06%
2012-12-3118.05%
2011-12-3117.11%
2010-12-3119.56%
2009-12-3119.94%
2008-12-3118.71%
2007-12-3119.10%
2006-12-3119.41%
2005-12-3118.57%
2004-12-3119.40%
2003-12-3118.16%
2002-12-3117.35%
2001-12-3116.71%
2000-12-3113.03%
1999-12-318.81%
1998-12-317.91%
1997-12-31-6.06%
1996-12-31-5.96%

About Labcorp Holdings Inc.

Labcorp Holdings, Inc. offers vital diagnostic laboratory services, enabling medical professionals, healthcare facilities, pharmaceutical firms, scientific investigators, and patients to make well-informed and confident choices. The company commenced operations on April 16, 2024, and its main office is situated in Burlington, NC.

Burlington, NC
60,900 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Adam H. Schechter