The Laboratory Corp Of America Holdings shows a gross margin of 29%, an operating margin of 10.3%, an EBITDA margin of 16.2%, and a net margin of 6.9%. All reported margins improved year over year, led by net margin with an increase of 0.7 percentage points.
Over the last 3 years, Laboratory Corp Of America Holdings's margins averaged 28.26% gross, 8.31% operating, 14.82% EBITDA, and 5.33% net. All four current margins are above their three-year averages.
Year over year, gross, operating, EBITDA, and net margins all increased, with net margin showing the largest gain at 0.7 percentage points.
Across the last 3 years, Laboratory Corp Of America Holdings's gross margin stood at 28.26%. The current gross margin stands at 29%, 0.7 percentage points above its three-year average. Gross margin was highest at 29% in Sep 2026 and lowest at 27.7% in Dec 2023.
Across the last 3 years, Laboratory Corp Of America Holdings recorded an average operating margin of 8.31%. Laboratory Corp Of America Holdings's current operating margin is 10.3% and is 2 percentage points above its three-year average. The highest operating margin for Laboratory Corp Of America Holdings was 10.4% in Jun 2026, while the lowest was 5.8% in Mar 2024.
Looking back over the last 3 years, Laboratory Corp Of America Holdings recorded an average EBITDA margin of 14.82%. The latest EBITDA margin for Laboratory Corp Of America Holdings is 16.2%, 1.4 percentage points above its three-year average. The highest EBITDA margin for Laboratory Corp Of America Holdings was 16.5% in Jun 2026, while the lowest was 12.7% in Sep 2024.
Laboratory Corp Of America Holdings's net margin averaged 5.33% during the last 3 years. Compared with its three-year average, Laboratory Corp Of America Holdings's current net margin is 6.9% and is 1.6 percentage points above its three-year average. Over the last 3 years, Laboratory Corp Of America Holdings's net margin peaked at 7% in Jun 2026 and reached a low of 3.4% in Dec 2023.
Laboratory Corp Of America Holdings's gross margin of 29% is below the Healthcare sector, the industry and its peers average. Compared to its Healthcare sector average of 68.3%, Laboratory Corp Of America Holdings's gross margin is 58% lower.
The current gross margin for LH is 29% as of Sep 30, 2026.
For the period ending Sep 30, 2026, LH recorded an operating margin of 10.3%.
As of Sep 30, 2026, LH has an EBITDA margin of 16.2%.
The current net margin for LH is 6.9% as of Sep 30, 2026.
Looking back over 3 years, LH recorded average margins of 28.3% gross, 8.3% operating, 14.8% EBITDA, and 5.3% net.
Over this 5-year history, LH peaked at 38% gross in Dec 2021, 23.2% operating in Dec 2021, 30.6% EBITDA in Dec 2021, and 18.1% net in Dec 2021.
Looking back across 5 years, LH reached its lowest margins at 27.7% gross in Sep 2023, 5.8% operating in Mar 2024, 12.7% EBITDA in Sep 2024, and 3.4% net in Dec 2023.