Labcorp Holdings
Labcorp Holdings returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | 9.43% | — | 11.74% | 5.48% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | 9% | — | 11.05% | 5.13% | — |
| FY 2025 Q4 | Dec 31, 2025 | 8.27% | 9.05% | 31.12% | 10.51% | 4.77% | 0.6 pp |
| FY 2025 Q3 | Sep 30, 2025 | — | 8.65% | — | 10.14% | 4.64% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | 8.51% | — | 9.27% | 4.39% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | 7.76% | — | 8.99% | 4.28% | — |
| FY 2024 Q4 | Dec 31, 2024 | 6.7% | 7.61% | 76.43% | 9.37% | 4.25% | -1 pp |
| FY 2024 Q3 | Sep 30, 2024 | — | 5.12% | — | 5.43% | 2.45% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | — | — | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | — | — | — |
| FY 2023 Q4 | Dec 31, 2023 | 3.54% | 4.75% | — | 4.65% | 2.27% | -4.2 pp |
| FY 2023 Q3 | Sep 30, 2023 | — | 6% | — | 7.36% | 3.6% | — |
| FY 2023 Q1 | Jun 30, 2023 | — | — | — | — | — | — |
| FY 2022 Q4 | Dec 31, 2022 | 9.82% | 10.23% | -132.65% | 12.56% | 6.31% | 2.1 pp |
| FY 2022 Q3 | Sep 30, 2022 | — | 13.68% | — | 17.03% | 8.63% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 15.27% | — | 19.28% | 9.75% | — |
| FY 2021 Q4 | Dec 31, 2021 | 17.69% | 18.84% | 199.14% | 24.22% | 11.75% | 10 pp |
| FY 2021 Q3 | Sep 30, 2021 | — | 22.68% | — | 29.45% | 13.95% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 25.19% | — | 32.72% | 15.05% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 23.18% | — | 31.02% | 14.01% | — |
| FY 2020 Q4 | Dec 31, 2020 | 12.58% | 15.1% | 180.62% | 18.39% | 8.16% | 4.9 pp |
| FY 2020 Q3 | Sep 30, 2020 | — | 9.6% | — | 10.92% | 4.62% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | 5.2% | — | 5% | 2.04% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | 5.6% | — | 4.54% | 1.87% | — |
| FY 2019 Q4 | Dec 31, 2019 | 7.61% | 8.96% | 8.94% | 11.33% | 4.81% | -0.1 pp |
| FY 2019 Q3 | Sep 30, 2019 | — | 8.72% | — | 10.42% | 4.37% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 8.81% | — | 12.03% | 4.98% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 9.18% | — | 12.71% | 5.3% | — |
| FY 2018 Q4 | Dec 31, 2018 | 7% | 9.2% | — | 12.81% | 5.4% | -0.7 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 9.08% | — | 21.42% | 8.59% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 9.8% | — | 20.04% | 8.24% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 9.59% | — | 19.77% | 7.99% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 10.13% | — | 20.56% | 8.23% | — |
| FY 2017 Q3 | Sep 30, 2017 | — | 9.62% | — | 12.8% | 4.78% | — |
| FY 2017 Q2 | Jun 30, 2017 | — | 10.11% | — | 13.31% | 5.12% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | 10.59% | — | 13.95% | 5.23% | — |
| FY 2016 Q4 | Dec 31, 2016 | 7.69% | 10.52% | 67.99% | 14.01% | 5.14% | -0 pp |
| FY 2016 Q3 | Sep 30, 2016 | — | 9.83% | — | 12.5% | 4.51% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | 9.54% | — | 12.41% | 4.36% | — |
| FY 2016 Q1 | Mar 31, 2016 | 7.25% | 9.2% | — | 12.3% | 4.17% | -0.4 pp |
| FY 2015 Q4 | Dec 31, 2015 | 7.16% | 10.64% | 0.65% | 11.25% | 4.06% | -0.5 pp |
| FY 2015 Q3 | Sep 30, 2015 | — | 10.26% | — | 11.49% | 4.08% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 9.58% | — | 11.47% | 3.94% | — |
| FY 2015 Q1 | Mar 31, 2015 | 6.54% | 8.82% | — | 11.36% | 3.77% | -1.2 pp |
| FY 2014 Q4 | Dec 31, 2014 | 10.4% | 14.5% | -13.64% | 19.25% | 7.17% | 2.7 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 14.52% | — | 19.41% | 7.44% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 14.74% | — | 19.89% | 7.7% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 15.45% | — | 20.44% | 7.96% | — |
| FY 2013 Q4 | Dec 31, 2013 | 12.31% | 16.52% | -3.63% | 22.03% | 8.34% | 4.6 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | 16.94% | — | 21.49% | 8.41% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 17.53% | — | 21.43% | 8.94% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 17.84% | — | 21.16% | 8.96% | — |
| FY 2012 Q4 | Dec 31, 2012 | 13.39% | 18.43% | 14.74% | 22.34% | 9.02% | 5.7 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | 19.61% | — | 22.75% | 9.3% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 19.96% | — | 22.43% | 9.53% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 19.29% | — | 22.18% | 8.99% | — |
| FY 2011 Q4 | Dec 31, 2011 | 12.99% | 18.23% | -19.33% | 20.91% | 8.43% | 5.3 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | 20.5% | — | 21.44% | 9.3% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 20.33% | — | 21.79% | 9.38% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 21.67% | — | 24.24% | 9.92% | — |
| FY 2010 Q4 | Dec 31, 2010 | 15.72% | 22.03% | 2.17% | 24.42% | 10.13% | 8 pp |
| FY 2010 Q3 | Sep 30, 2010 | — | 22.97% | — | 26.48% | 11.52% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 23.24% | — | 26.57% | 11.59% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · LH, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.