LH vs UHS
Labcorp Holdings Inc. and Universal Health Services Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LH | UHS |
|---|---|---|
| Revenue | $14.0B | $17.4B |
| Net income | $876.5M | $1.5B |
| Gross margin | 28.8% | · |
| Net margin | 6.3% | 8.7% |
| Return on equity | 10.5% | 21.4% |
| Diluted EPS | $10.46 | $23.10 |
| Dividend / share | $2.88 | $0.80 |
| Payout ratio | 27.5% | 3.4% |
| Free cash flow | $1.2B | $849.2M |
| Equity | $8.6B | $7.3B |
| Net debt / equity | 0.59× | 0.63× |
| Current ratio | 1.42× | 1.05× |
| Revenue CAGR 5y | −0.0% | 8.5% |
| Profit CAGR 5y | −10.8% | 9.5% |
UHS bills 1.2× the revenue of LH, and keeps more of each dollar of revenue as profit (8.7% against 6.3%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | LH | UHS |
|---|---|---|
| FY2025 | $14.0B | $17.4B |
| FY2024 | $13.0B | $15.8B |
| FY2023 | $12.2B | $14.3B |
| FY2022 | $11.9B | $13.4B |
| FY2021 | $13.1B | $12.6B |
| FY2020 | $14.0B | $11.6B |
| FY2019 | $11.6B | $11.4B |
| FY2018 | $11.3B | $10.8B |
| FY2017 | $10.3B | $10.4B |
| FY2016 | $9.6B | $9.8B |
Bottom line
| Fiscal year | LH | UHS |
|---|---|---|
| FY2025 | $876.5M | $1.5B |
| FY2024 | $746.0M | $1.1B |
| FY2023 | $418.0M | $717.8M |
| FY2022 | $1.3B | $675.6M |
| FY2021 | $2.4B | $991.6M |
| FY2020 | $1.6B | $944.0M |
| FY2019 | $823.8M | $814.9M |
| FY2018 | $883.7M | $779.7M |
| FY2017 | $1.2B | $752.3M |
| FY2016 | $711.8M | $702.4M |
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$3,413,129,000 | UHS |
| FY2024 | −$2,819,035,000 | UHS |
| FY2023 | −$2,120,376,000 | UHS |
| FY2022 | −$1,535,470,000 | UHS |
| FY2021 | +$493,983,000 | LH |
| FY2020 | +$2,419,603,000 | LH |
| FY2019 | +$176,541,000 | LH |
| FY2018 | +$561,122,000 | LH |
| FY2017 | −$101,865,000 | UHS |
| FY2016 | −$213,310,000 | UHS |
| FY2015 | −$363,351,000 | UHS |
| FY2014 | −$2,193,488,000 | UHS |
| FY2013 | −$1,559,573,000 | UHS |
| FY2012 | −$1,290,000,000 | UHS |
| FY2011 | −$1,217,922,000 | UHS |
| FY2010 | +$103,753,000 | LH |
| FY2009 | −$507,679,000 | UHS |
| FY2008 | −$517,217,000 | UHS |
The higher-revenue side has changed between LH and UHS over this period. The gap has widened since the earliest year compared.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
18 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.4 pp | UHS |
| FY2024 | −1.6 pp | UHS |
| FY2023 | −1.6 pp | UHS |
| FY2022 | +5.9 pp | LH |
| FY2021 | +10.3 pp | LH |
| FY2020 | +2.9 pp | LH |
| FY2019 | −0.1 pp | UHS |
| FY2018 | +0.4 pp | LH |
| FY2017 | +4.6 pp | LH |
| FY2016 | −0.2 pp | UHS |
| FY2015 | −3.2 pp | UHS |
| FY2014 | +1.2 pp | LH |
| FY2013 | +2.4 pp | LH |
| FY2012 | +3.3 pp | LH |
| FY2011 | +3.0 pp | LH |
| FY2010 | +5.8 pp | LH |
| FY2009 | +6.0 pp | LH |
| FY2008 | +5.8 pp | LH |
The higher net margin has changed hands between LH and UHS over this period.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LH's net margin has been more volatile than UHS's over the 18 comparable fiscal years — 3.2 percentage points of standard deviation against 1.2.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LH and UHS over these 18 fiscal years — LH led in 12 and UHS in 6.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LH's return on equity has been more volatile than UHS's over the 18 comparable fiscal years — 6.4 percentage points of standard deviation against 2.5.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LH and UHS over these 18 fiscal years — LH led in 9 and UHS in 9.
18 of 19 comparable fiscal years — a year missing data on either side is not counted.