LH vs. TMO
Compare and contrast key facts about Laboratory Corporation of America Holdings (LH) and Thermo Fisher Scientific Inc. (TMO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LH or TMO.
Correlation
The correlation between LH and TMO is 0.30, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LH vs. TMO - Performance Comparison
Key characteristics
LH:
0.78
TMO:
-0.07
LH:
1.28
TMO:
0.04
LH:
1.16
TMO:
1.00
LH:
0.62
TMO:
-0.06
LH:
3.05
TMO:
-0.18
LH:
5.43%
TMO:
8.44%
LH:
21.29%
TMO:
20.88%
LH:
-96.05%
TMO:
-71.16%
LH:
-4.43%
TMO:
-18.78%
Fundamentals
LH:
$20.67B
TMO:
$203.05B
LH:
$8.85
TMO:
$16.51
LH:
28.00
TMO:
32.15
LH:
0.51
TMO:
2.05
LH:
$13.01B
TMO:
$42.88B
LH:
$3.50B
TMO:
$17.79B
LH:
$1.58B
TMO:
$10.46B
Returns By Period
In the year-to-date period, LH achieves a 8.66% return, which is significantly higher than TMO's 3.38% return. Over the past 10 years, LH has underperformed TMO with an annualized return of 9.37%, while TMO has yielded a comparatively higher 15.55% annualized return.
LH
8.66%
2.12%
8.91%
15.84%
9.67%
9.37%
TMO
3.38%
-6.15%
-10.81%
-2.45%
10.23%
15.55%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
LH vs. TMO — Risk-Adjusted Performance Rank
LH
TMO
LH vs. TMO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Laboratory Corporation of America Holdings (LH) and Thermo Fisher Scientific Inc. (TMO). 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.
Dividends
LH vs. TMO - Dividend Comparison
LH's dividend yield for the trailing twelve months is around 1.16%, more than TMO's 0.29% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LH Laboratory Corporation of America Holdings | 1.16% | 1.26% | 1.18% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TMO Thermo Fisher Scientific Inc. | 0.29% | 0.30% | 0.26% | 0.22% | 0.16% | 0.19% | 0.23% | 0.30% | 0.32% | 0.43% | 0.42% | 0.48% |
Drawdowns
LH vs. TMO - Drawdown Comparison
The maximum LH drawdown since its inception was -96.05%, which is greater than TMO's maximum drawdown of -71.16%. Use the drawdown chart below to compare losses from any high point for LH and TMO. For additional features, visit the drawdowns tool.
Volatility
LH vs. TMO - Volatility Comparison
The current volatility for Laboratory Corporation of America Holdings (LH) is 4.55%, while Thermo Fisher Scientific Inc. (TMO) has a volatility of 9.41%. This indicates that LH experiences smaller price fluctuations and is considered to be less risky than TMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
LH vs. TMO - Financials Comparison
This section allows you to compare key financial metrics between Laboratory Corporation of America Holdings and Thermo Fisher Scientific Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities