Labcorp Holdings Inc. (LH) Quick Ratio (Acid-Test): 1.23
Is Labcorp Holdings Inc.’s quick ratio (acid-test) high or low?
Labcorp Holdings Inc.'s quick ratio (acid-test) of 1.23 is in line with its 5-year average of 1.37, near the low end of its 5-year range (1.02–1.77).
As of Sunday, June 14, 2026. 2.77% below its 12-month average of 1.27.
LH Quick Ratio (Acid-Test) Chart
LH Average Quick Ratio (Acid-Test) Chart
LH Current vs Average Quick Ratio (Acid-Test) Chart
LH Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.23
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.23
QUICK RATIO (ACID-TEST) AVG 5Y
1.37
QUICK RATIO (ACID-TEST) AVG 10Y
1.31
QUICK RATIO (ACID-TEST) AVG 15Y
1.28
QUICK RATIO (ACID-TEST) AVG 20Y
1.21
CURRENT VS TTM AVG
-2.77%
CURRENT VS 3Y AVG
+0.41%
CURRENT VS 5Y AVG
-10.00%
CURRENT VS 10Y AVG
-6.17%
CURRENT VS 15Y AVG
-3.62%
CURRENT VS 20Y AVG
+1.53%
LH Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Labcorp Holdings Inc. (LH) | $21.83B | 1.23 | 1.27 | 1.23 | 1.37 |
| Mettler-Toledo International Inc. (MTD) | $22.86B | 0.81 | 0.77 | 0.77 | 0.79 |
| BioNTech SE (BNTX) | $22.90B | 7.49 | 7.42 | 7.84 | 6.36 |
| United Therapeutics Corporation (UTHR) | $23.17B | 6.28 | 5.66 | 6.29 | 6.48 |
| Waters Corporation (WAT) | $23.17B | 1.27 | 1.39 | 1.50 | 1.54 |
| Moderna, Inc. (MRNA) | $19.80B | 3.22 | 3.42 | 3.19 | 2.63 |
| Veeva Systems Inc. (VEEV) | $25.92B | 4.89 | 4.70 | 4.39 | 4.08 |
| Hologic, Inc. (HOLX) | $16.97B | 3.06 | 3.04 | 3.12 | 2.66 |
| DexCom, Inc. (DXCM) | $29.08B | 1.59 | 1.44 | 1.80 | 2.83 |
| Biogen Inc. (BIIB) | $29.53B | 2.03 | 1.46 | 1.69 | 1.64 |
Liquidity Comparison
Quick Ratio
1.23
Excludes inventory
Current Ratio
1.42
Includes inventory
Labcorp Holdings Inc. Quick Ratio (Acid-Test) Formula & Definition
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Labcorp Holdings Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The quick ratio (acid-test) for LH stock is 1.23.
- Is Labcorp Holdings Inc.'s quick ratio (acid-test) high or low?
- Labcorp Holdings Inc.'s quick ratio (acid-test) of 1.23 is in line with its 5-year average of 1.37, near the low end of its 5-year range (1.02–1.77).
- What is the TTM average quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The TTM average quick ratio (acid-test) for LH stock is 1.27.
- What is the 3Y average quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The 3Y average quick ratio (acid-test) for LH stock is 1.23.
- What is the 5Y average quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The 5Y average quick ratio (acid-test) for LH stock is 1.37.
- What is the 10Y average quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The 10Y average quick ratio (acid-test) for LH stock is 1.31.
- What is the 15Y average quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The 15Y average quick ratio (acid-test) for LH stock is 1.28.
- What is the 20Y average quick ratio (acid-test) for Labcorp Holdings Inc. (LH)?
- The 20Y average quick ratio (acid-test) for LH stock is 1.21.
Labcorp Holdings Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.23 |
| 2024-12-31 | 1.30 |
| 2023-12-31 | 1.02 |
| 2022-12-31 | 1.35 |
| 2021-12-31 | 1.77 |
| 2020-12-31 | 1.53 |
| 2019-12-31 | 1.03 |
| 2018-12-31 | 1.38 |
| 2017-12-31 | 1.12 |
| 2016-12-31 | 1.24 |
| 2015-12-31 | 1.45 |
| 2014-12-31 | 1.59 |
| 2013-12-31 | 1.43 |
| 2012-12-31 | 1.03 |
| 2011-12-31 | 1.02 |
| 2010-12-31 | 0.93 |
| 2009-12-31 | 0.83 |
| 2008-12-31 | 1.72 |
| 2007-12-31 | 0.89 |
| 2006-12-31 | 0.86 |
| 2005-12-31 | 0.72 |
| 2004-12-31 | 2.26 |
| 2003-12-31 | 0.81 |
| 2002-12-31 | 2.44 |
| 2001-12-31 | 2.91 |
| 2000-12-31 | 1.54 |
| 1999-12-31 | 1.92 |
| 1998-12-31 | 1.94 |
| 1997-12-31 | 2.50 |
| 1996-12-31 | 2.68 |
Related Metrics
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.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Adam H. Schechter