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LH vs. DGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between LH and DGX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

LH vs. DGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Laboratory Corporation of America Holdings (LH) and Quest Diagnostics Incorporated (DGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LH:

0.70

DGX:

1.28

Sortino Ratio

LH:

1.29

DGX:

2.05

Omega Ratio

LH:

1.16

DGX:

1.25

Calmar Ratio

LH:

0.70

DGX:

1.69

Martin Ratio

LH:

3.13

DGX:

7.60

Ulcer Index

LH:

5.93%

DGX:

3.67%

Daily Std Dev

LH:

24.32%

DGX:

21.95%

Max Drawdown

LH:

-96.05%

DGX:

-49.46%

Current Drawdown

LH:

-5.27%

DGX:

-1.17%

Fundamentals

Market Cap

LH:

$20.29B

DGX:

$19.25B

EPS

LH:

$8.68

DGX:

$7.90

PE Ratio

LH:

27.92

DGX:

21.83

PEG Ratio

LH:

0.92

DGX:

1.55

PS Ratio

LH:

1.54

DGX:

1.90

PB Ratio

LH:

2.44

DGX:

2.81

Total Revenue (TTM)

LH:

$13.18B

DGX:

$10.16B

Gross Profit (TTM)

LH:

$3.61B

DGX:

$3.31B

EBITDA (TTM)

LH:

$1.80B

DGX:

$1.95B

Returns By Period

In the year-to-date period, LH achieves a 7.70% return, which is significantly lower than DGX's 18.08% return. Over the past 10 years, LH has underperformed DGX with an annualized return of 9.65%, while DGX has yielded a comparatively higher 11.58% annualized return.


LH

YTD

7.70%

1M

8.96%

6M

4.00%

1Y

16.98%

5Y*

12.24%

10Y*

9.65%

DGX

YTD

18.08%

1M

5.49%

6M

13.58%

1Y

27.85%

5Y*

12.03%

10Y*

11.58%

*Annualized

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Risk-Adjusted Performance

LH vs. DGX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LH
The Risk-Adjusted Performance Rank of LH is 7575
Overall Rank
The Sharpe Ratio Rank of LH is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of LH is 7373
Sortino Ratio Rank
The Omega Ratio Rank of LH is 6969
Omega Ratio Rank
The Calmar Ratio Rank of LH is 7878
Calmar Ratio Rank
The Martin Ratio Rank of LH is 8080
Martin Ratio Rank

DGX
The Risk-Adjusted Performance Rank of DGX is 8888
Overall Rank
The Sharpe Ratio Rank of DGX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of DGX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of DGX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of DGX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of DGX is 9292
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LH vs. DGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) and Quest Diagnostics Incorporated (DGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current LH Sharpe Ratio is 0.70, which is lower than the DGX Sharpe Ratio of 1.28. The chart below compares the historical Sharpe Ratios of LH and DGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

LH vs. DGX - Dividend Comparison

LH's dividend yield for the trailing twelve months is around 1.17%, less than DGX's 1.73% yield.


TTM20242023202220212020201920182017201620152014
LH
Laboratory Corporation of America Holdings
1.17%1.26%1.18%0.92%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DGX
Quest Diagnostics Incorporated
1.73%1.96%2.02%2.08%1.40%1.85%1.99%2.34%1.83%1.72%2.07%1.92%

Drawdowns

LH vs. DGX - Drawdown Comparison

The maximum LH drawdown since its inception was -96.05%, which is greater than DGX's maximum drawdown of -49.46%. Use the drawdown chart below to compare losses from any high point for LH and DGX. For additional features, visit the drawdowns tool.


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Volatility

LH vs. DGX - Volatility Comparison

Laboratory Corporation of America Holdings (LH) has a higher volatility of 9.22% compared to Quest Diagnostics Incorporated (DGX) at 8.09%. This indicates that LH's price experiences larger fluctuations and is considered to be riskier than DGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

LH vs. DGX - Financials Comparison

This section allows you to compare key financial metrics between Laboratory Corporation of America Holdings and Quest Diagnostics Incorporated. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


2.00B2.50B3.00B3.50B4.00B4.50B20212022202320242025
3.35B
2.65B
(LH) Total Revenue
(DGX) Total Revenue
Values in USD except per share items

LH vs. DGX - Profitability Comparison

The chart below illustrates the profitability comparison between Laboratory Corporation of America Holdings and Quest Diagnostics Incorporated over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

25.0%30.0%35.0%40.0%20212022202320242025
28.3%
32.5%
(LH) Gross Margin
(DGX) Gross Margin
LH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Laboratory Corporation of America Holdings reported a gross profit of 948.00M and revenue of 3.35B. Therefore, the gross margin over that period was 28.3%.

DGX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Quest Diagnostics Incorporated reported a gross profit of 863.00M and revenue of 2.65B. Therefore, the gross margin over that period was 32.5%.

LH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Laboratory Corporation of America Holdings reported an operating income of 326.00M and revenue of 3.35B, resulting in an operating margin of 9.8%.

DGX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Quest Diagnostics Incorporated reported an operating income of 346.00M and revenue of 2.65B, resulting in an operating margin of 13.1%.

LH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Laboratory Corporation of America Holdings reported a net income of 212.80M and revenue of 3.35B, resulting in a net margin of 6.4%.

DGX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Quest Diagnostics Incorporated reported a net income of 220.00M and revenue of 2.65B, resulting in a net margin of 8.3%.