TTM
27.8%
YoY change
−1.11pp
Trough year (2025)
26.8%
Peak year (1991)
48.6%
Latest annual
26.8%
Gross Margin history chart for Labcorp Holdings (LH) from 1989 to 2025
Latest: 26.8%
Gross Margin change chart for Labcorp Holdings (LH) from 1989 to 2025
Latest: −1.11pp
Gross Margin history table for Labcorp Holdings (LH) from 1989 to 2025
| 2025 | 26.8% | -1.11pp | ||
| 2024 | 27.9% | +0.19pp | ||
| 2023 | 27.7% | -3.59pp | ||
| 2022 | 31.3% | -6.74pp | ||
| 2021 | 38.0% | +2.57pp | ||
| 2020 | 35.4% | +7.28pp | ||
| 2019 | 28.1% | +0.12pp | ||
| 2018 | 28.0% | -5.15pp | ||
| 2017 | 33.2% | +0.19pp | ||
| 2016 | 33.0% | -0.46pp | ||
| 2015 | 33.4% | -3.20pp | ||
| 2014 | 36.6% | -1.63pp | ||
| 2013 | 38.3% | -1.39pp | ||
| 2012 | 39.7% | -1.38pp | ||
| 2011 | 41.0% | -0.88pp | ||
| 2010 | 41.9% | -0.06pp | ||
| 2009 | 42.0% | +0.39pp | ||
| 2008 | 41.6% | +0.02pp | ||
| 2007 | 41.6% | -1.02pp | ||
| 2006 | 42.6% | +0.81pp | ||
| 2005 | 41.8% | -0.01pp | ||
| 2004 | 41.8% | +0.13pp | ||
| 2003 | 41.7% | -0.68pp | ||
| 2002 | 42.3% | +0.27pp | ||
| 2001 | 42.1% | -0.79pp | ||
| 2000 | 42.9% | +2.69pp | ||
| 1999 | 40.2% | +1.92pp | ||
| 1998 | 38.2% | +5.68pp | ||
| 1997 | 32.6% | +2.79pp | ||
| 1996 | 29.8% | -1.87pp | ||
| 1995 | 31.6% | -3.16pp | ||
| 1994 | 34.8% | -9.79pp | ||
| 1993 | 44.6% | -3.22pp | ||
| 1992 | 47.8% | -0.77pp | ||
| 1991 | 48.6% | +0.57pp | ||
| 1990 | 48.0% | +0.53pp | ||
| 1989 | 47.5% | — |
- 202526.8%-1.11pp
- 202427.9%+0.19pp
- 202327.7%-3.59pp
- 202231.3%-6.74pp
- 202138.0%+2.57pp
- 202035.4%+7.28pp
- 201928.1%+0.12pp
- 201828.0%-5.15pp
- 201733.2%+0.19pp
- 201633.0%-0.46pp
- 201533.4%-3.20pp
- 201436.6%-1.63pp
- 201338.3%-1.39pp
- 201239.7%-1.38pp
- 201141.0%-0.88pp
- 201041.9%-0.06pp
- 200942.0%+0.39pp
- 200841.6%+0.02pp
- 200741.6%-1.02pp
- 200642.6%+0.81pp
- 200541.8%-0.01pp
- 200441.8%+0.13pp
- 200341.7%-0.68pp
- 200242.3%+0.27pp
- 200142.1%-0.79pp
- 200042.9%+2.69pp
- 199940.2%+1.92pp
- 199838.2%+5.68pp
- 199732.6%+2.79pp
- 199629.8%-1.87pp
- 199531.6%-3.16pp
- 199434.8%-9.79pp
- 199344.6%-3.22pp
- 199247.8%-0.77pp
- 199148.6%+0.57pp
- 199048.0%+0.53pp
- 198947.5%—
Gross Margin values are taken from Labcorp Holdings's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Labcorp Holdings (LH)
According to Labcorp Holdings's latest reported financial statements, the company's latest reported gross margin is 27.8%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for Labcorp Holdings (LH) came in at 26.75% – contracted 1.1 percentage points year-over-year.
Across the available history, gross margin reached its high of 48.58% in 1991 and its low of 26.75% in 2025.
Labcorp Holdings Gross Margin by Year
Labcorp Holdings Gross Margin 2025: 26.8%
In 2025, Labcorp Holdings reported gross margin of 26.75%, contracted 1.1 percentage points from 2024. This figure represents the lowest annual value in the available history.
Labcorp Holdings Gross Margin 2024: 27.9%
Labcorp Holdings gross margin in 2024 was 27.86%, expanded 0.2 percentage points from 2023.
Labcorp Holdings Gross Margin 2023: 27.7%
2023's gross margin for Labcorp Holdings came in at 27.67%, contracted 3.6 percentage points from 2022.
Labcorp Holdings Gross Margin 2022: 31.3%
Labcorp Holdings posted gross margin of 31.26% in 2022, contracted 6.7 percentage points from 2021.
Labcorp Holdings Gross Margin 2021: 38.0%
Labcorp Holdings gross margin in 2021 was 38.01%.
See more financial history for Labcorp Holdings (LH).
Sector peers by Gross Margin
Healthcare peers of Labcorp Holdings (LH), ranked by their latest gross margin
| 83.5% | |
| 81.8% | |
| 81.7% | |
| 75.9% | |
| 71.5% | |
| 70.7% | |
| 70.0% | |
| 18.8% |
- 83.5%
- 81.8%
- 81.7%
- 75.9%
- 71.5%
- 70.7%
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