What is the current annual gross margin of LH?

As of today, LH annual gross margin is 26.75%

What is 1-year change in LH annual gross margin?

LH annual gross margin is up +3.32% year-over-year

What is 3-year change in LH annual gross margin?

LH annual gross margin is down -9.72% over the past 3 years

How far is LH annual gross margin from its all-time high?

LH annual gross margin is currently -39.31% below its historical high of 44.08% set on December 31, 1992

How does LH annual gross margin rank versus sector peers?

LH annual gross margin is higher than 30.85% of companies in Healthcare sector

When is LH next annual earnings release?

As of today, the next annual earnings release for LH has not been scheduled

What is the current quarterly gross margin of LH?

As of today, LH quarterly gross margin is 26.52%

What is LH quarterly gross margin most recent change?

LH quarterly gross margin was up +1.30% on March 31, 2026

What is 1-year change in LH quarterly gross margin?

LH quarterly gross margin is up +0.99% year-over-year

How far is LH quarterly gross margin from its all-time high?

LH quarterly gross margin is currently -49.06% below its historical high of 52.06% set on December 31, 1990

How does LH quarterly gross margin rank versus sector peers?

LH quarterly gross margin is higher than 29.96% of companies in Healthcare sector

When is LH next earnings release?

The next earnings release for LH is on July 23, 2026

LH Gross Margin History & Chart Since 1988

Annual Gross Margin

26.75%0.86%+3.32%

December 31, 2025

Summary

Current Value: As of today, LH annual gross margin is 26.75%, up +3.32% on December 31, 2025
Historical Performance: LH annual gross margin is down -9.72% over the past 3 years, down -20.05% over the past 5 years
All-Time High Comparison: LH annual gross margin is currently -39.31% below its historical high of 44.08% set on December 31, 1992
3-Year Low Comparison: LH annual gross margin is +3.44% above its 3-year low of 25.86% reached on December 31, 2023
Sector Comparison: LH annual gross margin is higher than 30.85% of companies in Healthcare sector

Gross Margin Chart

Performance

LH Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	26.75%	+3.3%	-9.7%	-20.1%	-33.9%
Quarterly Gross Margin	Mar 31, 26	26.52%	+1.0%	+1.1%	-26.8%	-33.6%
Price	May 4, 26	$253.01	+2.2%	+32.8%	+7.7%	+207.2%
PE Ratio	May 4, 26	22.42	-21.5%	+29.5%	+156.5%	+44.0%
Annual Revenue	Dec 31, 25	$13.95B	+7.3%	+17.6%	-0.2%	+178.8%
Annual Gross Profit	Dec 31, 25	$3.73B	+10.8%	+6.2%	-20.2%	+84.3%
Annual Operating Margin	Dec 31, 25	10.87%	+24.2%	-26.4%	-48.8%	-46.5%
Annual Net Margin	Dec 31, 25	6.29%	+9.6%	-25.6%	-43.5%	-44.9%

Gross Margin Highs

LH Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	29.63%	N/A	-9.7%
5Y	33.46%	N/A	-20.1%
All	44.08%	Dec 31, 92	-39.3%

Gross Margin Lows

LH Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	25.86%	Dec 31, 23	+3.4%
5Y	25.86%	Dec 31, 23	+3.4%
All	24.52%	Dec 31, 96	+9.1%

Gross Margin History

Year	Value	Change
2025	26.75%	+3.3%
2024	25.89%	+0.1%
2023	25.86%	-12.7%
2022	29.63%	-9.1%
2021	32.60%	-2.6%
2020	33.46%	+28.5%
2019	26.04%	+0.2%
2018	25.98%	-6.8%
2017	27.89%	-10.4%
2016	31.12%	-1.4%
2015	31.55%	-10.8%
2014	35.37%	-4.1%
2013	36.87%	-3.6%
2012	38.26%	-3.1%
2011	39.49%	-2.4%
2010	40.47%	-0.4%
2009	40.65%	+1.1%
2008	40.21%	-0.0%
2007	40.22%	-2.2%

Year	Value	Change
2006	41.14%	+2.2%
2005	40.24%	-0.4%
2004	40.41%	+0.1%
2003	40.38%	-2.4%
2002	41.39%	+3.0%
2001	40.19%	+5.2%
2000	38.20%	+19.2%
1999	32.06%	+7.9%
1998	29.72%	+13.8%
1997	26.12%	+6.5%
1996	24.52%	-7.8%
1995	26.59%	-10.5%
1994	29.71%	-26.4%
1993	40.36%	-8.4%
1992	44.08%	+0.9%
1991	43.67%	+1.8%
1990	42.90%	+0.4%
1989	42.74%	+4.7%
1988	40.81%	-

FAQ

What is the current annual gross margin of LH?
As of today, LH annual gross margin is 26.75%
What is 1-year change in LH annual gross margin?
LH annual gross margin is up +3.32% year-over-year
What is 3-year change in LH annual gross margin?
LH annual gross margin is down -9.72% over the past 3 years
How far is LH annual gross margin from its all-time high?
LH annual gross margin is currently -39.31% below its historical high of 44.08% set on December 31, 1992
How does LH annual gross margin rank versus sector peers?
LH annual gross margin is higher than 30.85% of companies in Healthcare sector
When is LH next annual earnings release?
As of today, the next annual earnings release for LH has not been scheduled

Quarterly Gross Margin

26.52%0.34%+1.30%

March 31, 2026

Summary

Current Value: As of today, LH quarterly gross margin is 26.52%, up +1.30% on March 31, 2026
Historical Performance: LH quarterly gross margin is up +0.99% year-over-year, up +1.11% over the past 3 years
All-Time High Comparison: LH quarterly gross margin is currently -49.06% below its historical high of 52.06% set on December 31, 1990
3-Year Low Comparison: LH quarterly gross margin is +6.89% above its 3-year low of 24.81% reached on December 31, 2024
Sector Comparison: LH quarterly gross margin is higher than 29.96% of companies in Healthcare sector

Performance

LH Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Mar 31, 26	26.52%	+1.3%	+1.0%	+1.1%	-26.8%
Annual Gross Margin	Dec 31, 25	26.75%	–	+3.3%	-9.7%	-20.1%
Price	May 4, 26	$253.01	-8.4%	+2.2%	+32.8%	+7.7%
PE Ratio	May 4, 26	22.42	-15.1%	-21.5%	+29.5%	+156.5%
Quarterly Revenue	Mar 31, 26	$3.54B	+0.6%	+5.8%	+16.4%	-15.0%
Quarterly Gross Profit	Mar 31, 26	$938.20M	+1.9%	+6.8%	+17.8%	-37.7%
Quarterly Operating Margin	Mar 31, 26	10.95%	+0.7%	+10.2%	-2.1%	-57.7%
Quarterly Net Margin	Mar 31, 26	7.86%	+67.6%	+23.4%	+14.6%	-57.5%

Quarterly Gross Margin Highs

LH Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	27.72%	Jun 30, 25	-4.3%
3Y	27.72%	Jun 30, 25	-4.3%
5Y	36.21%	N/A	-26.8%
All	52.06%	Dec 31, 90	-49.1%

Quarterly Gross Margin Lows

LH Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	26.18%	Dec 31, 25	+1.3%
3Y	24.81%	Dec 31, 24	+6.9%
5Y	24.75%	Dec 31, 22	+7.2%
All	23.57%	Mar 31, 20	+12.5%

Quarterly Gross Margin History

Month	Value	Change
Mar 2026	26.52%	+1.3%
Dec 2025	26.18%	-2.4%
Sep 2025	26.82%	-3.2%
Jun 2025	27.72%	+5.6%
Mar 2025	26.26%	+5.8%
Dec 2024	24.81%	-3.2%
Sep 2024	25.62%	-4.5%
Jun 2024	26.83%	+1.8%
Mar 2024	26.36%	+4.9%
Dec 2023	25.13%	-3.4%
Sep 2023	26.02%	-0.2%
Jun 2023	26.06%	-0.6%
Mar 2023	26.23%	+6.0%
Dec 2022	24.75%	-15.2%
Sep 2022	29.20%	-4.4%
Jun 2022	30.54%	+2.1%
Mar 2022	29.90%	-5.4%
Dec 2021	31.61%	-0.7%
Sep 2021	31.83%	+4.3%
Jun 2021	30.53%	-15.7%
Mar 2021	36.21%	-10.4%
Dec 2020	40.40%	+5.1%
Sep 2020	38.43%	+51.9%
Jun 2020	25.30%	+7.3%
Mar 2020	23.57%	-8.0%
Dec 2019	25.61%	-0.7%
Sep 2019	25.80%	-2.8%
Jun 2019	26.53%	+1.1%
Mar 2019	26.25%	+2.2%
Dec 2018	25.69%	-1.1%
Sep 2018	25.97%	-4.1%
Jun 2018	27.09%	+7.7%
Mar 2018	25.16%	-8.4%
Dec 2017	27.48%	-1.3%
Sep 2017	27.83%	-3.2%
Jun 2017	28.74%	+4.3%
Mar 2017	27.55%	-9.5%
Dec 2016	30.44%	-1.6%
Sep 2016	30.95%	-3.7%
Jun 2016	32.15%	+3.9%
Mar 2016	30.95%	+2.2%
Dec 2015	30.28%	-2.5%
Sep 2015	31.07%	-3.1%
Jun 2015	32.08%	-3.7%
Mar 2015	33.31%	-5.1%
Dec 2014	35.11%	-1.5%
Sep 2014	35.63%	-1.2%
Jun 2014	36.05%	+4.0%
Mar 2014	34.65%	-1.3%
Dec 2013	35.12%	-2.6%
Sep 2013	36.06%	-4.9%
Jun 2013	37.92%	-1.1%
Mar 2013	38.36%	+4.7%
Dec 2012	36.63%	-2.8%
Sep 2012	37.69%	-4.0%
Jun 2012	39.27%	+0.8%
Mar 2012	38.97%	+0.7%
Dec 2011	38.68%	-0.7%
Sep 2011	38.97%	-3.5%
Jun 2011	40.38%	+1.1%
Mar 2011	39.94%	+1.4%
Dec 2010	39.37%	-1.4%
Sep 2010	39.93%	-4.2%
Jun 2010	41.66%	+1.6%
Mar 2010	41.01%	+4.0%
Dec 2009	39.45%	-3.0%
Sep 2009	40.69%	-1.7%
Jun 2009	41.40%	+0.9%
Mar 2009	41.04%	+6.7%
Dec 2008	38.46%	-2.3%
Sep 2008	39.38%	-5.3%
Jun 2008	41.58%	+0.4%
Mar 2008	41.40%	+6.5%
Dec 2007	38.88%	-2.8%
Sep 2007	40.00%	-2.7%

Month	Value	Change
Jun 2007	41.09%	+0.5%
Mar 2007	40.89%	+0.4%
Dec 2006	40.71%	-0.4%
Sep 2006	40.87%	-2.8%
Jun 2006	42.03%	+2.7%
Mar 2006	40.94%	+5.4%
Dec 2005	38.84%	-3.0%
Sep 2005	40.04%	-2.9%
Jun 2005	41.23%	+1.0%
Mar 2005	40.82%	+6.0%
Dec 2004	38.50%	-4.5%
Sep 2004	40.31%	-4.0%
Jun 2004	41.97%	+2.8%
Mar 2004	40.84%	+2.8%
Dec 2003	39.73%	-0.9%
Sep 2003	40.08%	-2.9%
Jun 2003	41.28%	+2.1%
Mar 2003	40.44%	+6.6%
Dec 2002	37.92%	-7.0%
Sep 2002	40.77%	-7.9%
Jun 2002	44.27%	+3.1%
Mar 2002	42.93%	+13.4%
Dec 2001	37.87%	-7.0%
Sep 2001	40.70%	-2.7%
Jun 2001	41.84%	+3.5%
Mar 2001	40.41%	+11.7%
Dec 2000	36.19%	-6.0%
Sep 2000	38.52%	-3.9%
Jun 2000	40.09%	+5.5%
Mar 2000	37.99%	+13.0%
Dec 1999	33.62%	-7.5%
Sep 1999	36.33%	-0.3%
Jun 1999	36.44%	+6.1%
Mar 1999	34.34%	+21.6%
Dec 1998	28.23%	-6.5%
Sep 1998	30.20%	-3.5%
Jun 1998	31.29%	+6.4%
Mar 1998	29.41%	-25.9%
Dec 1997	39.71%	+17.6%
Sep 1997	33.78%	-0.4%
Jun 1997	33.91%	+3.2%
Mar 1997	32.85%	-26.8%
Dec 1996	44.90%	+55.7%
Sep 1996	28.84%	-4.3%
Jun 1996	30.15%	+6.7%
Mar 1996	28.25%	-0.0%
Dec 1995	28.26%	-8.9%
Sep 1995	31.02%	-5.6%
Jun 1995	32.86%	-9.9%
Mar 1995	36.46%	+4.8%
Dec 1994	34.78%	-2.7%
Sep 1994	35.75%	-1.5%
Jun 1994	36.29%	+13.8%
Mar 1994	31.89%	+0.5%
Dec 1993	31.73%	-33.0%
Sep 1993	47.33%	-2.8%
Jun 1993	48.68%	-0.1%
Mar 1993	48.75%	+13.6%
Dec 1992	42.93%	-4.6%
Sep 1992	44.99%	-7.7%
Jun 1992	48.76%	-0.9%
Mar 1992	49.21%	-5.3%
Dec 1991	51.98%	+10.9%
Sep 1991	46.88%	-1.8%
Jun 1991	47.76%	+0.3%
Mar 1991	47.64%	-8.5%
Dec 1990	52.06%	+13.7%
Sep 1990	45.79%	-3.1%
Jun 1990	47.25%	+0.7%
Mar 1990	46.93%	-7.9%
Dec 1989	50.97%	+13.8%
Sep 1989	44.80%	-4.4%
Jun 1989	46.85%	-0.5%
Mar 1989	47.07%	-

FAQ

What is the current quarterly gross margin of LH?
As of today, LH quarterly gross margin is 26.52%
What is LH quarterly gross margin most recent change?
LH quarterly gross margin was up +1.30% on March 31, 2026
What is 1-year change in LH quarterly gross margin?
LH quarterly gross margin is up +0.99% year-over-year
How far is LH quarterly gross margin from its all-time high?
LH quarterly gross margin is currently -49.06% below its historical high of 52.06% set on December 31, 1990
How does LH quarterly gross margin rank versus sector peers?
LH quarterly gross margin is higher than 29.96% of companies in Healthcare sector
When is LH next earnings release?
The next earnings release for LH is on July 23, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

LH Official Website www.labcorp.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/920148/000092014826000111/0000920148-26-000111-index.htm
LH Profile on Yahoo Finance finance.yahoo.com/quote/LH
LH Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/lh