BDX vs. LH: Becton, Dickinson vs. Labcorp Stock Comparison

November 11, 2026

How do Becton, Dickinson (BDX) 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

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

Company profile comparison for Becton, Dickinson (BDX) and Labcorp (LH)
Profile Item	BDX	LH
Name	Becton, Dickinson and Company	Labcorp Holdings Inc.
Country/Region	United States	United States
GICS Sector	Health Care	Health Care
GICS Industry Group	Health Care Equipment & Services	Health Care Equipment & Services
GICS Industry	Health Care Equipment & Supplies	Health Care Providers & Services
GICS Sub-Industry	Health Care Equipment	Health Care Services
Market Capitalization	57.71 billion USD	29.77 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	February 21, 1973	March 29, 1990
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BDX

GSPC

Becton, Dickinson (BDX) 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 Becton, Dickinson (BDX) and Labcorp (LH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
Total Return (1Y)	57.61%	48.62%
Total Return (3Y, Annualized)	7.79%	23.39%
Total Return (5Y, Annualized)	4.70%	10.54%

Risk Profile

Drawdown History

BDX

GSPC

Becton, Dickinson (BDX) 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 Becton, Dickinson (BDX) and Labcorp (LH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
Volatility (1Y, Annualized)	26.68%	24.36%
Beta (5Y)	0.19	0.85
Max Drawdown (5Y)	-40.06%	-34.61%
Avg. Volume (3M)	1.77M	721.05K

Risk-Adjusted Performance

Risk-Return Positioning

BDX 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 Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
Sharpe Ratio (1Y)	2.00	1.82
Sortino Ratio (1Y)	3.59	2.99

Profitability

ROE (TTM)

Both Becton, Dickinson (BDX) at 5.66% 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.

BDX

Health Care Equipment & Services industry group

5.66%

Max: 47.61%
Q3: 14.36%
BDX: 5.66%
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%

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both Becton, Dickinson (BDX) at 5.89% and Labcorp (LH) at 6.88% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

BDX

Health Care Equipment & Services industry group

5.89%

Max: 29.35%
Q3: 9.33%
BDX: 5.89%
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%

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Becton, Dickinson (BDX) at 21.63% operates in the top operating margin quartile, ahead of Labcorp (LH) at 10.91%, which runs around its industry’s norm.

BDX

Health Care Equipment & Services industry group

21.63%

Max: 35.43%
BDX: 21.63%
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%

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
ROE (TTM)	5.66%	11.44%
ROA (TTM)	3.59%	5.48%
Net Margin (TTM)	5.89%	6.88%
Operating Margin (TTM)	21.63%	10.91%
Gross Margin (TTM)	47.02%	28.96%

Growth

Revenue Growth

Both Becton, Dickinson (BDX) at 8.24% and Labcorp (LH) at 7.25% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Becton, Dickinson (BDX) at -1.86% 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.

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
Revenue Growth (YoY)	8.24%	7.25%
Revenue Growth (3Y CAGR)	4.99%	5.55%
EPS Growth (YoY)	-1.86%	18.33%
EPS Growth (3Y CAGR)	-0.34%	-9.19%

Financial Strength

Current Ratio (MRQ)

Labcorp (LH) at 1.41 keeps current ratio within its industry’s typical mid-range, while Becton, Dickinson (BDX) at 0.87 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BDX.

BDX

Health Care Equipment & Services industry group

0.87

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
BDX: 0.87
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

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Becton, Dickinson (BDX) at 0.66 and Labcorp (LH) at 0.77 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

BDX

Health Care Equipment & Services industry group

0.66

Max: 1.88
Q3: 0.91
BDX: 0.66
Median: 0.58
Q1: 0.16
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

Becton, Dickinson (BDX) 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 Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
Current Ratio (MRQ)	0.87	1.41
Debt / Equity (MRQ)	0.66	0.77
Net Debt / EBITDA	2.95	2.81

Dividends

Dividend Yield (TTM)

Becton, Dickinson (BDX) 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.

BDX

Health Care Equipment & Services industry group

0.00%

BDX: 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%

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Becton, Dickinson (BDX) at 72.49% and Labcorp (LH) at 23.61% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

BDX

Health Care Equipment & Services industry group

72.49%

BDX: 72.49%
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%

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
Dividend Yield (TTM)	0.00%	0.79%
Dividend Payout Ratio (TTM)	72.49%	23.61%

Valuation

P/E Ratio (TTM)

Both Becton, Dickinson (BDX) at 41.87 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.

BDX

Health Care Equipment & Services industry group

41.87

Max: 80.41
Q3: 47.62
BDX: 41.87
Median: 29.93
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

Becton, Dickinson (BDX) 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 Becton, Dickinson (BDX) at 2.97 and Labcorp (LH) at 2.04 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

BDX

Health Care Equipment & Services industry group

2.97

Max: 8.80
Q3: 4.32
BDX: 2.97
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

Becton, Dickinson (BDX) 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 Becton, Dickinson (BDX) at 2.34 and Labcorp (LH) at 3.36 are valued close to their industries’ norm against book — neither stands out from peers.

BDX

Health Care Equipment & Services industry group

2.34

Max: 11.68
Q3: 6.12
Median: 3.00
BDX: 2.34
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

Becton, Dickinson (BDX) vs. Labcorp (LH): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Becton, Dickinson (BDX) and Labcorp (LH)
Metric	BDX	LH
P/E Ratio (TTM)	41.87	30.05
P/S Ratio (TTM)	2.97	2.04
P/B Ratio (MRQ)	2.34	3.36
Free Cash Flow Yield (TTM)	7.18%	3.55%