BTSG vs. LH: BrightSpring Health Services vs. Labcorp Stock Comparison

November 11, 2026

How do BrightSpring Health Services (BTSG) 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

BrightSpring Health Services (BTSG) and Labcorp (LH) are both classified in the Health Care Services sub-industry within the broader Health Care Providers & Services industry, placing them in the closest GICS peer bucket.

Labcorp (LH) carries decades of public-market history since March 29, 1990, while BrightSpring Health Services (BTSG) listed on January 26, 2024 — long-window comparisons have far more historical data on the LH side.

Company profile comparison for BrightSpring Health Services (BTSG) and Labcorp (LH)
Profile Item	BTSG	LH
Name	BrightSpring Health Services, Inc.	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 Providers & Services	Health Care Providers & Services
GICS Sub-Industry	Health Care Services	Health Care Services
Market Capitalization	13.36 billion USD	29.77 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	January 26, 2024	March 29, 1990
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BTSG

GSPC

BrightSpring Health Services (BTSG) 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

Loading price history…

Trailing total returns for BrightSpring Health Services (BTSG) and Labcorp (LH). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for BrightSpring Health Services (BTSG) and Labcorp (LH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
Total Return (1Y)	106.02%	48.62%
Total Return (3Y, Annualized)	--	23.39%
Total Return (5Y, Annualized)	--	10.54%

Risk Profile

Drawdown History

BTSG

GSPC

BrightSpring Health Services (BTSG) 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

Loading price history…

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

Risk Metrics

Risk profile metrics for BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
Volatility (1Y, Annualized)	45.20%	24.36%
Beta (5Y)	1.75	0.85
Max Drawdown (5Y)	-35.56%	-34.61%
Avg. Volume (3M)	2.47M	721.05K

Risk-Adjusted Performance

Risk-Return Positioning

BTSG 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 BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
Sharpe Ratio (1Y)	2.25	1.82
Sortino Ratio (1Y)	3.25	2.99

Profitability

ROE (TTM)

BrightSpring Health Services (BTSG) at 15.54% sits in the top ROE quartile, while Labcorp (LH) at 11.44% is closer to the peer norm — stronger capital efficiency for BTSG.

BTSG

Health Care Equipment & Services industry group

15.54%

Max: 47.61%
BTSG: 15.54%
Q3: 14.36%
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%

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Both BrightSpring Health Services (BTSG) at 2.69% 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.

BTSG

Health Care Equipment & Services industry group

2.69%

Max: 29.35%
Q3: 9.33%
BTSG: 2.69%
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%

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both BrightSpring Health Services (BTSG) at 3.81% and Labcorp (LH) at 10.91% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BTSG

Health Care Equipment & Services industry group

3.81%

Max: 35.43%
Q3: 14.14%
Median: 6.81%
BTSG: 3.81%
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%

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
ROE (TTM)	15.54%	11.44%
ROA (TTM)	5.44%	5.48%
Net Margin (TTM)	2.69%	6.88%
Operating Margin (TTM)	3.81%	10.91%
Gross Margin (TTM)	12.50%	28.96%

Growth

Revenue Growth

BrightSpring Health Services (BTSG) at 28.18% sits in the top revenue growth quartile, while Labcorp (LH) at 7.25% is closer to the peer norm — faster top-line expansion for BTSG.

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Only one side can be read here: Labcorp (LH) reports EPS growth of 18.33%, ranked against its industry; BrightSpring Health Services (BTSG) has no EPS growth figure this period.

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
Revenue Growth (YoY)	28.18%	7.25%
Revenue Growth (3Y CAGR)	18.69%	5.55%
EPS Growth (YoY)	--	18.33%
EPS Growth (3Y CAGR)	--	-9.19%

Financial Strength

Current Ratio (MRQ)

Both BrightSpring Health Services (BTSG) at 1.62 and Labcorp (LH) at 1.41 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

BTSG

Health Care Equipment & Services industry group

1.62

Max: 7.59
Q3: 4.00
Median: 1.98
BTSG: 1.62
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

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Labcorp (LH) at 0.77 carries an industry-typical debt-to-equity mix, while BrightSpring Health Services (BTSG) at 1.09 uses more debt funding than most peers.

BTSG

Health Care Equipment & Services industry group

1.09

Max: 1.88
BTSG: 1.09
Q3: 0.91
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

BrightSpring Health Services (BTSG) 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 BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
Current Ratio (MRQ)	1.62	1.41
Debt / Equity (MRQ)	1.09	0.77
Net Debt / EBITDA	2.39	2.81

Dividends

Dividend Yield (TTM)

BrightSpring Health Services (BTSG) 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.

BTSG

Health Care Equipment & Services industry group

0.00%

BTSG: 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%

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

BrightSpring Health Services (BTSG) 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.

BTSG

Health Care Equipment & Services industry group

0.00%

BTSG: 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%

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
Dividend Yield (TTM)	0.00%	0.79%
Dividend Payout Ratio (TTM)	0.00%	23.61%

Valuation

P/E Ratio (TTM)

Both BrightSpring Health Services (BTSG) at 47.62 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.

BTSG

Health Care Equipment & Services industry group

47.62

Max: 80.41
BTSG: 47.62
Q3: 47.62
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

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

BrightSpring Health Services (BTSG) at 0.88 sits in the cheaper P/S ratio quartile while Labcorp (LH) at 2.04 prices around its industry’s middle — BTSG costs less per dollar of sales, though read it alongside growth and margins.

BTSG

Health Care Equipment & Services industry group

0.88

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
BTSG: 0.88
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

BrightSpring Health Services (BTSG) vs. Labcorp (LH): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Labcorp (LH) at 3.36 is valued about in line with its industry on P/B ratio, while BrightSpring Health Services (BTSG) at 6.39 carries an above-peer premium to book — BTSG is pricier on assets.

BTSG

Health Care Equipment & Services industry group

6.39

Max: 11.68
BTSG: 6.39
Q3: 6.12
Median: 3.00
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

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

Valuation Metrics

Valuation metrics for BrightSpring Health Services (BTSG) and Labcorp (LH)
Metric	BTSG	LH
P/E Ratio (TTM)	47.62	30.05
P/S Ratio (TTM)	0.88	2.04
P/B Ratio (MRQ)	6.39	3.36
Free Cash Flow Yield (TTM)	8.30%	3.55%