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ALGN vs. LH: Align vs. Labcorp Stock Comparison

How do Align (ALGN) and Labcorp (LH) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

Align (ALGN) and Labcorp (LH) both fall under the Health Care Equipment & Services industry group, but ALGN is classified in Health Care Equipment & Supplies while LH is classified in Health Care Providers & Services.

Company profile comparison for Align (ALGN) and Labcorp (LH)
Profile ItemALGNLH
NameAlign Technology Inc.Labcorp Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Providers & Services
GICS Sub-IndustryHealth Care SuppliesHealth Care Services
Market Capitalization11.70 billion USD29.77 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJanuary 30, 2001March 29, 1990
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

ALGN
LH
GSPC
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Align (ALGN) vs. Labcorp (LH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Align (ALGN) and Labcorp (LH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Align (ALGN) and Labcorp (LH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
Total Return (1Y)27.43%48.62%
Total Return (3Y, Annualized)-2.84%23.39%
Total Return (5Y, Annualized)-24.73%10.54%

Risk Profile

Drawdown History

ALGN
LH
GSPC
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Align (ALGN) vs. Labcorp (LH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Align (ALGN) and Labcorp (LH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
Volatility (1Y, Annualized)40.49%24.36%
Beta (5Y)1.670.85
Max Drawdown (5Y)-82.44%-34.61%
Avg. Volume (3M)942.14K721.05K

Risk-Adjusted Performance

Risk-Return Positioning

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ALGN and LH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
Sharpe Ratio (1Y)0.571.82
Sortino Ratio (1Y)0.892.99

Profitability

ROE (TTM)

Both Align (ALGN) at 11.91% and Labcorp (LH) at 11.44% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

ALGN

Health Care Equipment & Services industry group

11.91%

Max
47.61%
Q3
14.36%
ALGN
11.91%
Median
5.45%
Q1
-10.67%
Min
-47.01%

LH

Health Care Equipment & Services industry group

11.44%

Max
47.61%
Q3
14.36%
LH
11.44%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Align (ALGN) vs. Labcorp (LH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Align (ALGN) at 11.83% retains a top-quartile share of revenue as profit, ahead of Labcorp (LH) at 6.88%, which keeps about the industry-typical share.

ALGN

Health Care Equipment & Services industry group

11.83%

Max
29.35%
ALGN
11.83%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%

LH

Health Care Equipment & Services industry group

6.88%

Max
29.35%
Q3
9.33%
LH
6.88%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Align (ALGN) vs. Labcorp (LH): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Align (ALGN) at 20.13% operates in the top operating margin quartile, ahead of Labcorp (LH) at 10.91%, which runs around its industry’s norm.

ALGN

Health Care Equipment & Services industry group

20.13%

Max
35.43%
ALGN
20.13%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%

LH

Health Care Equipment & Services industry group

10.91%

Max
35.43%
Q3
14.14%
LH
10.91%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Align (ALGN) vs. Labcorp (LH): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
ROE (TTM)11.91%11.44%
ROA (TTM)8.01%5.48%
Net Margin (TTM)11.83%6.88%
Operating Margin (TTM)20.13%10.91%
Gross Margin (TTM)71.53%28.96%

Growth

Revenue Growth

Labcorp (LH) at 7.25% is around its peer norm for revenue growth, while Align (ALGN) at 0.90% drops into the bottom quartile, signaling weaker demand or pricing momentum.

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Align (ALGN) vs. Labcorp (LH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Align (ALGN) at 0.53% and Labcorp (LH) at 18.33% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Align (ALGN) vs. Labcorp (LH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
Revenue Growth (YoY)0.90%7.25%
Revenue Growth (3Y CAGR)2.61%5.55%
EPS Growth (YoY)0.53%18.33%
EPS Growth (3Y CAGR)7.02%-9.19%

Financial Strength

Current Ratio (MRQ)

Both Align (ALGN) at 1.43 and Labcorp (LH) at 1.41 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

ALGN

Health Care Equipment & Services industry group

1.43

Max
7.59
Q3
4.00
Median
1.98
ALGN
1.43
Q1
1.37
Min
0.30

LH

Health Care Equipment & Services industry group

1.41

Max
7.59
Q3
4.00
Median
1.98
LH
1.41
Q1
1.37
Min
0.30
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Align (ALGN) vs. Labcorp (LH): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Align (ALGN) at 0.03 keeps leverage in the lower industry quartile, while Labcorp (LH) at 0.77 runs a more typical debt-to-equity mix.

ALGN

Health Care Equipment & Services industry group

0.03

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
ALGN
0.03
Min
0.00

LH

Health Care Equipment & Services industry group

0.77

Max
1.88
Q3
0.91
LH
0.77
Median
0.58
Q1
0.16
Min
0.00
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Align (ALGN) vs. Labcorp (LH): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
Current Ratio (MRQ)1.431.41
Debt / Equity (MRQ)0.030.77
Net Debt / EBITDA-1.042.81

Dividends

Dividend Yield (TTM)

Align (ALGN) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Labcorp (LH) reports a yield of 0.79%, ranking against industry peers normally.

ALGN

Health Care Equipment & Services industry group

0.00%

ALGN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

LH

Health Care Equipment & Services industry group

0.79%

LH
0.79%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Align (ALGN) vs. Labcorp (LH): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Align (ALGN) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Labcorp (LH) reports a payout of 23.61%, ranking against industry peers normally.

ALGN

Health Care Equipment & Services industry group

0.00%

ALGN
0.00%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

LH

Health Care Equipment & Services industry group

23.61%

LH
23.61%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Align (ALGN) vs. Labcorp (LH): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
Dividend Yield (TTM)0.00%0.79%
Dividend Payout Ratio (TTM)0.00%23.61%

Valuation

P/E Ratio (TTM)

Both Align (ALGN) at 24.20 and Labcorp (LH) at 30.05 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

ALGN

Health Care Equipment & Services industry group

24.20

Max
80.41
Q3
47.62
Median
29.93
ALGN
24.20
Q1
21.19
Min
4.21

LH

Health Care Equipment & Services industry group

30.05

Max
80.41
Q3
47.62
LH
30.05
Median
29.93
Q1
21.19
Min
4.21
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Align (ALGN) vs. Labcorp (LH): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Align (ALGN) at 2.81 and Labcorp (LH) at 2.04 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

ALGN

Health Care Equipment & Services industry group

2.81

Max
8.80
Q3
4.32
ALGN
2.81
Median
2.13
Q1
1.10
Min
0.03

LH

Health Care Equipment & Services industry group

2.04

Max
8.80
Q3
4.32
Median
2.13
LH
2.04
Q1
1.10
Min
0.03
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Align (ALGN) vs. Labcorp (LH): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Align (ALGN) at 2.73 and Labcorp (LH) at 3.36 are valued close to their industries’ norm against book — neither stands out from peers.

ALGN

Health Care Equipment & Services industry group

2.73

Max
11.68
Q3
6.12
Median
3.00
ALGN
2.73
Q1
1.73
Min
-1.31

LH

Health Care Equipment & Services industry group

3.36

Max
11.68
Q3
6.12
LH
3.36
Median
3.00
Q1
1.73
Min
-1.31
Loading chart…
Align (ALGN) vs. Labcorp (LH): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Align (ALGN) and Labcorp (LH)
MetricALGNLH
P/E Ratio (TTM)24.2030.05
P/S Ratio (TTM)2.812.04
P/B Ratio (MRQ)2.733.36
Free Cash Flow Yield (TTM)4.90%3.55%