Labcorp HoldingsLH +1.93%79 Dividend Payout Ratio is 0.17 as of Mar. 2026, which is 19% below its 10-year median of 0.21. GuruFocus rates LH with a GF Score™ of 79/100 and a GF Value™ of $271.46 (Fairly Valued). The stock has 6 warning signs investors should review. Among 55 Medical Diagnostics & Research companies, Labcorp Holdings ranks better than 76.36% on this metric.
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Labcorp Holdings's Dividend Payout Ratio for the
months ended in Mar. 2026 was 0.17.
The historical rank and industry rank for Labcorp Holdings's Dividend Payout Ratio or its related term are showing as below:
LH'
s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.11 Med: 0.21 Max: 0.25
Current: 0.18
During the past 13 years, the highest Dividend Payout Ratio of Labcorp Holdings was 0.25. The lowest was 0.11. And the median was 0.21.
LH's Dividend Payout Ratio is ranked better than 76.36% of 55
companies
in the Medical Diagnostics & Research industry
Industry Median: 0.49
vs LH: 0.18
During the past 3 years, the average Dividends Per Share Growth Rate was 10.10% per year.
During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Labcorp Holdings was 74.70% per year. The lowest was -33.30% per year. And the median was 10.10% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.
Labcorp Holdings (NYSE:LH) Dividend Payout Ratio Explanation
In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Labcorp Holdings Dividend Payout Ratio Related Terms
Labcorp Holdings Dividend Payout Ratio Historical Data
* Premium members only.
The historical data trend for Labcorp Holdings's Dividend Payout Ratio 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.
LH vs DGX, MTD, ILMN: Dividend Payout Ratio Comparison
For the Diagnostics & Research subindustry, Labcorp Holdings's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Medical Diagnostics & Research Industry
For the Medical Diagnostics & Research industry and Healthcare sector, Labcorp Holdings's Dividend Payout Ratio distribution charts can be found below:
* The bar in red indicates where Labcorp Holdings's Dividend Payout Ratio falls into.
Labcorp Holdings Dividend Payout Ratio Calculation
The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.
Labcorp Holdings's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
Labcorp Holdings (LH) has a Dividend Payout Ratio of 0.17 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Labcorp Holdings and its competitors. This is 19% below median its historical median of 0.21. Over the past decade, Labcorp Holdings' Dividend Payout Ratio has ranged from 0.11 to 0.25. According to the industry distribution chart, Labcorp Holdings ranks #13 out of 55 companies in the Medical Diagnostics & Research industry, placing it in the top 23.6%.
Is Labcorp Holdings' Dividend Payout Ratio too high?
Labcorp Holdings' current Dividend Payout Ratio of 0.17 is 19% below median its 10-year median of 0.21. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.25. The Medical Diagnostics & Research industry median Dividend Payout Ratio is 0.49. Labcorp Holdings' value of 0.17 is 65.3% below this industry median. Based on the distribution chart, Labcorp Holdings ranks #13 out of 55 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 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Labcorp Holdings' Dividend Payout Ratio compare to DGX and MTD?
According to the Medical Diagnostics & Research industry distribution chart, Labcorp Holdings ranks #13 out of 55 companies for Dividend Payout Ratio. This places Labcorp Holdings in the top 24% of its industry — outperforming the majority of peers. The industry median Dividend Payout Ratio is 0.49. Labcorp Holdings' value of 0.17 is 65.3% below this benchmark. Historically, Labcorp Holdings' own Dividend Payout Ratio has ranged from 0.11 to 0.25 over the past decade. While the company's 10-year median is 0.21 vs. the industry median of 0.49, Labcorp Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Medical Diagnostics & Research company?
The median Dividend Payout Ratio among Medical Diagnostics & Research companies is 0.49, based on 55 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Labcorp Holdings's current Dividend Payout Ratio of 0.17 is 65.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Labcorp Holdings and its competitors. For the Medical Diagnostics & Research industry, the median Dividend Payout Ratio is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Labcorp Holdings's current Dividend Payout Ratio is 0.17, which is 19% below median its own 10-year median of 0.21. 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 (LH) is currently considered Fairly Valued. The stock's GF Value™ is $271.46, compared to a current price of $271.47 — trading 0% above its estimated fair value. The current Dividend Payout Ratio is 0.17, which is 19% below median its 10-year median of 0.21 and 65.3% below the Medical Diagnostics & Research industry median of 0.49. Labcorp Holdings' overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Labcorp Holdings (LH), the current Dividend Payout Ratio is 0.17 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 (LH) Overvalued in 2026?
Based on GuruFocus' analysis, Labcorp Holdings stock appears to be overvalued.
The current stock price of $271.47 is trading 0% above its estimated GF Value™ of $271.46.
GuruFocus considers Labcorp Holdings to be Fairly Valued.
Key valuation signals for LH:
Dividend Payout Ratio: 0.17 (19% below median its 10-year median of 0.21)
GF Value™: $271.46 vs. price of $271.47 (0% above fair value)
Industry Position: 65.3% below the Medical Diagnostics & Research median (#13 of 55)
No single metric tells the full story. See the LH 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.
79GF Score
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