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LH vs. DGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility
Financials

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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LH vs. DGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LH
Laboratory Corporation of America Holdings
6.62%10.62%2.22%13.82%-24.41%54.37%20.32%33.88%-20.78%24.25%
DGX
Quest Diagnostics Incorporated
13.45%17.20%11.77%-10.05%-7.80%47.86%14.11%31.13%-13.84%9.16%

Fundamentals

Market Cap

LH:

$22.20B

DGX:

$21.95B

EPS

LH:

$10.48

DGX:

$8.80

PE Ratio

LH:

25.47

DGX:

22.26

PS Ratio

LH:

1.60

DGX:

2.00

PB Ratio

LH:

2.58

DGX:

3.06

Total Revenue (TTM)

LH:

$13.95B

DGX:

$11.04B

Gross Profit (TTM)

LH:

$4.01B

DGX:

$3.67B

EBITDA (TTM)

LH:

$1.86B

DGX:

$2.02B

Returns By Period

In the year-to-date period, LH achieves a 6.62% return, which is significantly lower than DGX's 13.45% return. Over the past 10 years, LH has underperformed DGX with an annualized return of 10.65%, while DGX has yielded a comparatively higher 12.67% annualized return.


LH

1D
1.21%
1M
-7.72%
YTD
6.62%
6M
-6.57%
1Y
15.87%
3Y*
11.98%
5Y*
5.22%
10Y*
10.65%

DGX

1D
-0.60%
1M
-7.52%
YTD
13.45%
6M
3.76%
1Y
17.98%
3Y*
13.74%
5Y*
10.81%
10Y*
12.67%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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Return for Risk

LH vs. DGX — Risk / Return Rank

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

LH
LH Risk / Return Rank: 6262
Overall Rank
LH Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
LH Sortino Ratio Rank: 5757
Sortino Ratio Rank
LH Omega Ratio Rank: 5555
Omega Ratio Rank
LH Calmar Ratio Rank: 6767
Calmar Ratio Rank
LH Martin Ratio Rank: 6666
Martin Ratio Rank

DGX
DGX Risk / Return Rank: 7070
Overall Rank
DGX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
DGX Sortino Ratio Rank: 6565
Sortino Ratio Rank
DGX Omega Ratio Rank: 6262
Omega Ratio Rank
DGX Calmar Ratio Rank: 7878
Calmar Ratio Rank
DGX Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LH vs. DGX - Risk-Adjusted Trends 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.


LHDGXDifference

Sharpe ratio

Return per unit of total volatility

0.63

0.77

-0.14

Sortino ratio

Return per unit of downside risk

1.04

1.33

-0.28

Omega ratio

Gain probability vs. loss probability

1.13

1.16

-0.03

Calmar ratio

Return relative to maximum drawdown

1.13

1.97

-0.84

Martin ratio

Return relative to average drawdown

2.73

4.40

-1.67

LH vs. DGX - Sharpe Ratio Comparison

The current LH Sharpe Ratio is 0.63, which is comparable to the DGX Sharpe Ratio of 0.77. 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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Sharpe Ratios by Period


LHDGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.63

0.77

-0.14

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.50

-0.28

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.40

0.54

-0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.18

0.53

-0.35

Correlation

The correlation between LH and DGX is 0.55, 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.


Dividends

LH vs. DGX - Dividend Comparison

LH's dividend yield for the trailing twelve months is around 1.08%, less than DGX's 1.63% yield.


TTM20252024202320222021202020192018201720162015
LH
Laboratory Corporation of America Holdings
1.08%1.15%1.26%1.18%0.92%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DGX
Quest Diagnostics Incorporated
1.63%1.82%1.96%2.02%1.66%1.40%1.85%1.99%2.34%1.83%1.72%2.07%

Drawdowns

LH vs. DGX - Drawdown Comparison

The maximum LH drawdown since its inception was -96.15%, 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.


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Drawdown Indicators


LHDGXDifference

Max Drawdown

Largest peak-to-trough decline

-96.15%

-49.46%

-46.69%

Max Drawdown (1Y)

Largest decline over 1 year

-15.22%

-9.81%

-5.41%

Max Drawdown (5Y)

Largest decline over 5 years

-34.61%

-28.62%

-5.99%

Max Drawdown (10Y)

Largest decline over 10 years

-46.58%

-36.60%

-9.98%

Current Drawdown

Current decline from peak

-7.81%

-7.52%

-0.29%

Average Drawdown

Average peak-to-trough decline

-29.71%

-11.92%

-17.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

6.32%

4.39%

+1.93%

Volatility

LH vs. DGX - Volatility Comparison

Laboratory Corporation of America Holdings (LH) has a higher volatility of 6.01% compared to Quest Diagnostics Incorporated (DGX) at 4.36%. 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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Volatility by Period


LHDGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.01%

4.36%

+1.65%

Volatility (6M)

Calculated over the trailing 6-month period

17.15%

16.61%

+0.54%

Volatility (1Y)

Calculated over the trailing 1-year period

25.29%

23.53%

+1.76%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.21%

21.65%

+1.56%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

26.53%

23.63%

+2.90%

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


2.50B3.00B3.50B4.00BAprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
3.52B
2.81B
(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

30.0%35.0%40.0%AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober2025AprilJulyOctober
28.3%
32.4%
Portfolio components
LH - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Laboratory Corporation of America Holdings reported a gross profit of 993.20M and revenue of 3.52B. 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 Apr 2026, Quest Diagnostics Incorporated reported a gross profit of 910.00M and revenue of 2.81B. Therefore, the gross margin over that period was 32.4%.

LH - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Laboratory Corporation of America Holdings reported an operating income of 267.60M and revenue of 3.52B, resulting in an operating margin of 7.6%.

DGX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Quest Diagnostics Incorporated reported an operating income of 386.00M and revenue of 2.81B, resulting in an operating margin of 13.8%.

LH - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Laboratory Corporation of America Holdings reported a net income of 164.70M and revenue of 3.52B, resulting in a net margin of 4.7%.

DGX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Quest Diagnostics Incorporated reported a net income of 245.00M and revenue of 2.81B, resulting in a net margin of 8.7%.