CVS vs. LH: CVS Health vs. Labcorp Stock Comparison

November 11, 2026

How do CVS Health (CVS) 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

CVS Health (CVS) 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.

Company profile comparison for CVS Health (CVS) and Labcorp (LH)
Profile Item	CVS	LH
Name	CVS Health Corporation Common Stock	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	107.28 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

CVS

GSPC

CVS Health (CVS) 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 CVS Health (CVS) and Labcorp (LH). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
Total Return (1Y)	11.41%	48.62%
Total Return (3Y, Annualized)	12.73%	23.39%
Total Return (5Y, Annualized)	1.70%	10.54%

Risk Profile

Drawdown History

CVS

GSPC

CVS Health (CVS) 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 CVS Health (CVS) and Labcorp (LH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
Volatility (1Y, Annualized)	34.14%	24.36%
Beta (5Y)	0.60	0.85
Max Drawdown (5Y)	-56.79%	-34.61%
Avg. Volume (3M)	8.60M	721.05K

Risk-Adjusted Performance

Risk-Return Positioning

CVS 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 CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
Sharpe Ratio (1Y)	0.21	1.82
Sortino Ratio (1Y)	0.28	2.99

Profitability

ROE (TTM)

Both CVS Health (CVS) at 14.36% 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.

CVS

Health Care Equipment & Services industry group

14.36%

Max: 47.61%
CVS: 14.36%
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%

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

Net Margin (TTM)

Both CVS Health (CVS) at 2.64% 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.

CVS

Health Care Equipment & Services industry group

2.64%

Max: 29.35%
Q3: 9.33%
CVS: 2.64%
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%

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

Operating Margin (TTM)

Both CVS Health (CVS) at 2.72% and Labcorp (LH) at 10.91% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

CVS

Health Care Equipment & Services industry group

2.72%

Max: 35.43%
Q3: 14.14%
Median: 6.81%
CVS: 2.72%
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%

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

Profitability Metrics

Profitability metrics for CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
ROE (TTM)	14.36%	11.44%
ROA (TTM)	3.11%	5.48%
Net Margin (TTM)	2.64%	6.88%
Operating Margin (TTM)	2.72%	10.91%
Gross Margin (TTM)	13.72%	28.96%

Growth

Revenue Growth

Both CVS Health (CVS) at 7.85% 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.

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

EPS Growth

Labcorp (LH) at 18.33% is around its peer norm for EPS growth, while CVS Health (CVS) at -62.02% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
Revenue Growth (YoY)	7.85%	7.25%
Revenue Growth (3Y CAGR)	7.63%	5.55%
EPS Growth (YoY)	-62.02%	18.33%
EPS Growth (3Y CAGR)	-24.73%	-9.19%

Financial Strength

Current Ratio (MRQ)

Labcorp (LH) at 1.41 keeps current ratio within its industry’s typical mid-range, while CVS Health (CVS) at 0.85 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for CVS.

CVS

Health Care Equipment & Services industry group

0.85

Max: 7.59
Q3: 4.00
Median: 1.98
Q1: 1.37
CVS: 0.85
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

CVS Health (CVS) 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 CVS Health (CVS) at 0.93 uses more debt funding than most peers.

CVS

Health Care Equipment & Services industry group

0.93

Max: 1.88
CVS: 0.93
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

CVS Health (CVS) 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 CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
Current Ratio (MRQ)	0.85	1.41
Debt / Equity (MRQ)	0.93	0.77
Net Debt / EBITDA	3.49	2.81

Dividends

Dividend Yield (TTM)

Both CVS Health (CVS) at 3.27% and Labcorp (LH) at 0.79% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

CVS

Health Care Equipment & Services industry group

3.27%

CVS: 3.27%
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%

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

Dividend Payout Ratio (TTM)

Both CVS Health (CVS) at 30.89% 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.

CVS

Health Care Equipment & Services industry group

30.89%

CVS: 30.89%
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%

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

Dividend Metrics

Dividend metrics for CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
Dividend Yield (TTM)	3.27%	0.79%
Dividend Payout Ratio (TTM)	30.89%	23.61%

Valuation

P/E Ratio (TTM)

CVS Health (CVS) at 9.74 sits in the cheaper P/E ratio quartile, while Labcorp (LH) at 30.05 is closer to its industry’s usual earnings multiple — a discount for CVS, though growth and earnings durability still matter.

CVS

Health Care Equipment & Services industry group

9.74

Max: 80.41
Q3: 47.62
Median: 29.93
Q1: 21.19
CVS: 9.74
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

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

P/S Ratio (TTM)

CVS Health (CVS) at 0.26 sits in the cheaper P/S ratio quartile while Labcorp (LH) at 2.04 prices around its industry’s middle — CVS costs less per dollar of sales, though read it alongside growth and margins.

CVS

Health Care Equipment & Services industry group

0.26

Max: 8.80
Q3: 4.32
Median: 2.13
Q1: 1.10
CVS: 0.26
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

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

P/B Ratio (MRQ)

CVS Health (CVS) at 1.33 sits in the lower P/B ratio quartile against book while Labcorp (LH) at 3.36 is valued near its industry’s middle — CVS is cheaper on assets, though weigh it against ROE and asset quality.

CVS

Health Care Equipment & Services industry group

1.33

Max: 11.68
Q3: 6.12
Median: 3.00
Q1: 1.73
CVS: 1.33
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

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

Valuation Metrics

Valuation metrics for CVS Health (CVS) and Labcorp (LH)
Metric	CVS	LH
P/E Ratio (TTM)	9.74	30.05
P/S Ratio (TTM)	0.26	2.04
P/B Ratio (MRQ)	1.33	3.36
Free Cash Flow Yield (TTM)	11.02%	3.55%