LABCORP HOLDINGS INC. (LH)

Services-Medical Laboratories

Latest Price

$309.20

TTM P/E

27.39

Normalized P/E

26.64

Div Yield

0.93%

Book Value

106.06

P/B Ratio

2.92

Valuation metrics

EPS: $10.46

Book value / share: $104.86

Formula: √(22.5 × EPS × BVPS)

Graham Number

$157.10

49% downside

Norm. op. income: $1.4B (median of 6yr)

Tax rate: 24%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$58.35

81% downside

Base FCF: $1.2B (median of recent 5yr)

Growth: 10%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$296.30

4% downside

EPS: $10.46

Target P/E: 27×

Formula: EPS × P/E

P/E Fair Value

$282.42

9% downside

87.0% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	6.44M	$1.72B	7.83%	-95.9K	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	5.38M	$1.43B	6.53%	--	2026-03-31
VICTORY CAPITAL MANAGEMENT INC	4.63M	$1.23B	5.62%	-729.7K	2026-03-31
STATE STREET CORP	3.86M	$1.03B	4.69%	+36.8K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	3.68M	$982.0M	4.47%	--	2026-03-31
Boston Partners	2.37M	$632.0M	2.88%	+455.1K	2026-03-31
Allspring Global Investments Holdings, LLC	2.23M	$607.0M	2.71%	+22.2K	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	2.19M	$580.0M	2.66%	+48.9K	2026-03-31
Select Equity Group, L.P.	2.17M	$580.0M	2.64%	+64.0K	2026-03-31
MORGAN STANLEY	1.50M	$399.0M	1.82%	-7.5K	2026-03-31