LabCorp's first-quarter results included top-line and EBIT growth of 6% and 17%, respectively. Operating margin expanded roughly 110 basis points compared with the prior-year period. Management raised its outlook modestly.
There is new bipartisan legislation proposed, the Results Act, which would create a less onerous and more representative method to collect the private-payer reimbursement data to help set Medicare payment rates.
If significant numbers of hospital-based labs are ill-equipped to comply with Medicare's payment reporting requirements, then reimbursement pressure could increase even more after 2026.
|
Metric
|
LH
|
DGX
|
SHL
|
|---|---|---|---|
Price/Earnings (Normalized) | 15.74 | 19.75 | 16.14 |
Price/Book Value | 2.50 | 3.02 | 1.12 |
Price/Sales | 1.56 | 2.00 | 0.91 |
Price/Cash Flow | 9.84 | 11.76 | 6.94 |
|
Metric
|
LH
|
DGX
|
SHL
|
|---|---|---|---|
Quick Ratio | 1.30 | 0.91 | 0.84 |
Current Ratio | 1.73 | 1.18 | 1.01 |
Interest Coverage | 6.16 | 6.06 | 4.83 |
|
Metric
|
LH
|
DGX
|
SHL
|
|---|---|---|---|
Return on Assets (Normalized) | 6.31% | 7.10% | 3.50% |
Return on Equity (Normalized) | 13.46% | 15.97% | 6.77% |
Return on Invested Capital (Normalized) | 8.76% | 9.74% | 5.02% |
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Thermo Fisher Scientific Inc
TMO
| Xfvmwqwcc | Zvvvj | $176B | |||
| Danaher Corp
DHR
| Qymlbkql | Bywk | $130B | |||
| IDEXX Laboratories Inc
IDXX
| Xytgtwtsp | Pylf | $44B | |||
| Agilent Technologies Inc
A
| Ksqwtfllkx | Yvg | $38B | |||
| Waters Corp
WAT
| Kxnbdfslc | Ktnn | $36B | |||
| IQVIA Holdings Inc
IQV
| Bqnsywn | Ddmtwx | $31B | |||
| Illumina Inc
ILMN
| Lvnjtgxj | Csdfr | $25B | |||
| Mettler-Toledo International Inc
MTD
| Tlfprflql | Zpdsjs | $23B | |||
| Quest Diagnostics Inc
DGX
| Zrxddqmd | Tkwyfqz | $22B |
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United States