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Labcorp HoldingsLTS:0JSY +3.17%80 Earnings Yield (Joel Greenblatt) % is 4.87% as of Mar. 2026, which is 21% below its 10-year median of 6.19. GuruFocus rates LTS:0JSY with a GF Score™ of 80/100 and a GF Value™ of $270.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 214 Medical Diagnostics & Research companies, Labcorp Holdings ranks better than 78.04% on this metric.
Labcorp Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was $28,044 Mil.
Labcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,375 Mil. Labcorp Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.87%.
The historical rank and industry rank for Labcorp Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
LTS:0JSY'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.08 Med: 6.19 Max: 14.75
Current: 4.56
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Labcorp Holdings was 14.75%. The lowest was 3.08%. And the median was 6.19%.
LTS:0JSY's Earnings Yield (Joel Greenblatt) % is ranked better than 78.04% of 214
companies
in the Medical Diagnostics & Research industry
Industry Median: -0.53
vs LTS:0JSY: 4.56
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Labcorp Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was -7.89%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
Labcorp Holdings Earnings Yield (Joel Greenblatt) % Related Terms
Labcorp Holdings Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Labcorp Holdings's Earnings Yield (Joel Greenblatt) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Diagnostics & Research subindustry, Labcorp Holdings's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Labcorp Holdings Earnings Yield (Joel Greenblatt) % vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Labcorp Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Labcorp Holdings's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Labcorp Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
Labcorp Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,375 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 4.87% mean?
Labcorp Holdings (LTS:0JSY) has a Earnings Yield (Joel Greenblatt) % of 4.87% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Labcorp Holdings and its competitors. This is 21% below median its historical median of 6.19. Over the past decade, Labcorp Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 3.08 to 14.75. According to the industry distribution chart, Labcorp Holdings ranks #47 out of 214 companies in the Medical Diagnostics & Research industry, placing it in the top 22%.
Is Labcorp Holdings' Earnings Yield (Joel Greenblatt) % too high?
Labcorp Holdings' current Earnings Yield (Joel Greenblatt) % of 4.87% is 21% below median its 10-year median of 6.19. Over the past 10 years, this metric has ranged from a low of 3.08 to a high of 14.75. Based on the distribution chart, Labcorp Holdings ranks #47 out of 214 companies in the Medical Diagnostics & Research industry, which is in the top quartile — a strong position relative to peers. Overall, Labcorp Holdings has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Labcorp Holdings' Earnings Yield (Joel Greenblatt) % compare to DGX and GH?
According to the Medical Diagnostics & Research industry distribution chart, Labcorp Holdings ranks #47 out of 214 companies for Earnings Yield (Joel Greenblatt) %. This places Labcorp Holdings in the top 22% of its industry — outperforming the majority of peers. Historically, Labcorp Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 3.08 to 14.75 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Medical Diagnostics & Research company?
A good Earnings Yield (Joel Greenblatt) % depends on the Medical Diagnostics & Research industry context. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Labcorp Holdings and its competitors. Labcorp Holdings's current Earnings Yield (Joel Greenblatt) % is 4.87%, which is 21% below median its own 10-year median of 6.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Labcorp Holdings stock overvalued right now?
Based on GuruFocus' analysis, Labcorp Holdings (LTS:0JSY) is currently considered Fairly Valued. The stock's GF Value™ is $270.34, compared to a current price of $288.86 — trading 6.9% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.87%, which is 21% below median its 10-year median of 6.19. Labcorp Holdings' overall GF Score™ is 80/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Labcorp Holdings (LTS:0JSY), the current Earnings Yield (Joel Greenblatt) % is 4.87% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Labcorp Holdings (LTS:0JSY) Overvalued in 2026?
Based on GuruFocus' analysis, Labcorp Holdings stock appears to be overvalued.
The current stock price of $288.86 is trading 6.9% above its estimated GF Value™ of $270.34.
GuruFocus considers Labcorp Holdings to be Fairly Valued.
Key valuation signals for LTS:0JSY:
Earnings Yield (Joel Greenblatt) %: 4.87% (21% below median its 10-year median of 6.19)
GF Value™: $270.34 vs. price of $288.86 (6.9% above fair value)
No single metric tells the full story. See the LTS:0JSY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Labcorp is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from uncomplicated routine blood and urine screens to complex oncology and genomic testing.
80GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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