LABCORP HOLDINGS INC. (LH)

Services-Medical Laboratories

Latest Price

$311.54

TTM P/E

25.77

Normalized P/E

26.49

Div Yield

0.92%

Book Value

104.96

P/B Ratio

2.97

Valuation metrics

EPS: $10.46

Book value / share: $104.86

Formula: √(22.5 × EPS × BVPS)

Graham Number

$157.10

50% 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

5% downside

EPS: $10.46

Target P/E: 26×

Formula: EPS × P/E

P/E Fair Value

$271.96

13% downside

94.5% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	6.57M	$1.84B	8.13%	+129.4K	2026-06-30
VANGUARD CAPITAL MANAGEMENT LLC	5.36M	$1.50B	6.63%	-13.9K	2026-06-30
VICTORY CAPITAL MANAGEMENT INC	4.84M	$1.35B	5.98%	+210.4K	2026-06-30
STATE STREET CORP	3.91M	$1.09B	4.83%	+44.5K	2026-06-30
VANGUARD PORTFOLIO MANAGEMENT LLC	3.68M	$1.03B	4.55%	-1.9K	2026-06-30
Boston Partners	3.05M	$854.0M	3.77%	+682.9K	2026-06-30
Allspring Global Investments Holdings, LLC	2.24M	$635.0M	2.77%	+10.5K	2026-06-30
GEODE CAPITAL MANAGEMENT, LLC	2.19M	$610.0M	2.71%	+2.9K	2026-06-30
Select Equity Group, L.P.	1.98M	$554.0M	2.45%	-192.8K	2026-06-30
FMR LLC	1.90M	$533.0M	2.35%	+616.5K	2026-06-30