LH vs. MDLN: Labcorp vs. Medline Stock Comparison
How do Labcorp (LH) and Medline (MDLN) 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
Labcorp (LH) and Medline (MDLN) both fall under the Health Care Equipment & Services industry group, but LH is classified in Health Care Providers & Services while MDLN is classified in Health Care Equipment & Supplies.
Labcorp (LH) has been public since March 29, 1990, giving it decades of market history across multiple cycles, while Medline (MDLN) listed only on December 17, 2025 and lacks comparable through-cycle data.
| Profile Item | LH | MDLN |
|---|---|---|
| Name | Labcorp Holdings Inc. | Medline Inc. Class A Common Stock |
| 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 Equipment & Supplies |
| GICS Sub-Industry | Health Care Services | Health Care Supplies |
| Market Capitalization | 29.77 billion USD | 52.17 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | March 29, 1990 | December 17, 2025 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LH | MDLN |
|---|---|---|
| Total Return (1Y) | 48.62% | -- |
| Total Return (3Y, Annualized) | 23.39% | -- |
| Total Return (5Y, Annualized) | 10.54% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Medline (MDLN) reports a negative beta of -0.93, suggesting inverse market sensitivity over the measurement window. That is uncommon for ordinary equities and can reflect commodity-linked or hedge-like exposure, but it can also come from statistical noise. Labcorp (LH) has a non-negative beta of 0.85.
| Metric | LH | MDLN |
|---|---|---|
| Volatility (1Y, Annualized) | 24.36% | 47.93% |
| Beta (5Y) | 0.85 | -0.93 |
| Max Drawdown (5Y) | -34.61% | -36.71% |
| Avg. Volume (3M) | 721.05K | 8.63M |
Risk-Adjusted Performance
Risk-Return Positioning
Both LH and MDLN need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | LH | MDLN |
|---|---|---|
| Sharpe Ratio (1Y) | 1.82 | -- |
| Sortino Ratio (1Y) | 2.99 | -- |
Profitability
ROE (TTM)
Both Labcorp (LH) at 11.44% and Medline (MDLN) at 4.85% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
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%
MDLN
Health Care Equipment & Services industry group
4.85%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- MDLN
- 4.85%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Both Labcorp (LH) at 6.88% and Medline (MDLN) at 1.85% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
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%
MDLN
Health Care Equipment & Services industry group
1.85%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- MDLN
- 1.85%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both Labcorp (LH) at 10.91% and Medline (MDLN) at 5.22% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
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%
MDLN
Health Care Equipment & Services industry group
5.22%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- MDLN
- 5.22%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | LH | MDLN |
|---|---|---|
| ROE (TTM) | 11.44% | 4.85% |
| ROA (TTM) | 5.48% | 2.70% |
| Net Margin (TTM) | 6.88% | 1.85% |
| Operating Margin (TTM) | 10.91% | 5.22% |
| Gross Margin (TTM) | 28.96% | 24.42% |
Growth
Revenue Growth
Only one side can be read here: Labcorp (LH) reports revenue growth of 7.25%, ranked against its industry; Medline (MDLN) has no revenue growth figure this period.
EPS Growth
Medline (MDLN) at 117.38% clears its industry range for EPS growth, a much stronger earnings trajectory than Labcorp (LH) at 18.33%, which is closer to a typical peer reading.
Growth Metrics
| Metric | LH | MDLN |
|---|---|---|
| Revenue Growth (YoY) | 7.25% | -- |
| Revenue Growth (3Y CAGR) | 5.55% | -- |
| EPS Growth (YoY) | 18.33% | 117.38% |
| EPS Growth (3Y CAGR) | -9.19% | -- |
Financial Strength
Current Ratio (MRQ)
Labcorp (LH) at 1.41 keeps current ratio within its industry’s typical mid-range, while Medline (MDLN) at 4.04 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
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
MDLN
Health Care Equipment & Services industry group
4.04
- Max
- 7.59
- MDLN
- 4.04
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both Labcorp (LH) at 0.77 and Medline (MDLN) at 0.65 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
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
MDLN
Health Care Equipment & Services industry group
0.65
- Max
- 1.88
- Q3
- 0.91
- MDLN
- 0.65
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | LH | MDLN |
|---|---|---|
| Current Ratio (MRQ) | 1.41 | 4.04 |
| Debt / Equity (MRQ) | 0.77 | 0.65 |
| Net Debt / EBITDA | 2.81 | 3.35 |
Dividends
Dividend Yield (TTM)
Medline (MDLN) 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.
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%
MDLN
Health Care Equipment & Services industry group
0.00%
- MDLN
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Medline (MDLN) 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.
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%
MDLN
Health Care Equipment & Services industry group
0.00%
- MDLN
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LH | MDLN |
|---|---|---|
| Dividend Yield (TTM) | 0.79% | 0.00% |
| Dividend Payout Ratio (TTM) | 23.61% | 0.00% |
Valuation
P/E Ratio (TTM)
Labcorp (LH) at 30.05 is near its industry’s usual P/E ratio, while Medline (MDLN) at 90.09 sits above its peer range — an unusually expensive price for MDLN’s trailing earnings.
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
MDLN
Health Care Equipment & Services industry group
90.09
- MDLN
- 90.09
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
On P/S ratio, both Labcorp (LH) at 2.04 and Medline (MDLN) at 1.70 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
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
MDLN
Health Care Equipment & Services industry group
1.70
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- MDLN
- 1.70
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Labcorp (LH) at 3.36 and Medline (MDLN) at 2.95 are valued close to their industries’ norm against book — neither stands out from peers.
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
MDLN
Health Care Equipment & Services industry group
2.95
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- MDLN
- 2.95
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | LH | MDLN |
|---|---|---|
| P/E Ratio (TTM) | 30.05 | 90.09 |
| P/S Ratio (TTM) | 2.04 | 1.70 |
| P/B Ratio (MRQ) | 3.36 | 2.95 |
| Free Cash Flow Yield (TTM) | 3.55% | 2.67% |