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LH vs. RMD: Labcorp vs. ResMed Stock Comparison

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

Company profile comparison for Labcorp (LH) and ResMed (RMD)
Profile ItemLHRMD
NameLabcorp Holdings Inc.ResMed Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Providers & ServicesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care ServicesHealth Care Equipment
Market Capitalization29.77 billion USD33.10 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 29, 1990June 2, 1995
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LH
RMD
GSPC
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Labcorp (LH) vs. ResMed (RMD), 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 Labcorp (LH) and ResMed (RMD). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
Total Return (1Y)48.62%-5.42%
Total Return (3Y, Annualized)23.39%18.99%
Total Return (5Y, Annualized)10.54%-1.23%

Risk Profile

Drawdown History

LH
RMD
GSPC
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Labcorp (LH) vs. ResMed (RMD), 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 Labcorp (LH) and ResMed (RMD). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
Volatility (1Y, Annualized)24.36%30.80%
Beta (5Y)0.850.75
Max Drawdown (5Y)-34.61%-49.04%
Avg. Volume (3M)721.05K1.32M

Risk-Adjusted Performance

Risk-Return Positioning

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LH and RMD 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 Labcorp (LH) and ResMed (RMD)
MetricLHRMD
Sharpe Ratio (1Y)1.82-0.31
Sortino Ratio (1Y)2.99-0.43

Profitability

ROE (TTM)

ResMed (RMD) at 26.40% sits in the top ROE quartile, while Labcorp (LH) at 11.44% is closer to the peer norm — stronger capital efficiency for RMD.

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%

RMD

Health Care Equipment & Services industry group

26.40%

Max
47.61%
RMD
26.40%
Q3
14.36%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Labcorp (LH) vs. ResMed (RMD): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

ResMed (RMD) at 27.79% retains a top-quartile share of revenue as profit, ahead of Labcorp (LH) at 6.88%, which keeps about the industry-typical share.

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%

RMD

Health Care Equipment & Services industry group

27.79%

Max
29.35%
RMD
27.79%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Labcorp (LH) vs. ResMed (RMD): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

ResMed (RMD) at 34.82% operates in the top operating margin quartile, ahead of Labcorp (LH) at 10.91%, which runs around its industry’s norm.

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%

RMD

Health Care Equipment & Services industry group

34.82%

Max
35.43%
RMD
34.82%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Labcorp (LH) vs. ResMed (RMD): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
ROE (TTM)11.44%26.40%
ROA (TTM)5.48%14.76%
Net Margin (TTM)6.88%27.79%
Operating Margin (TTM)10.91%34.82%
Gross Margin (TTM)28.96%61.77%

Growth

Revenue Growth

Both Labcorp (LH) at 7.25% and ResMed (RMD) at 9.85% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Labcorp (LH) vs. ResMed (RMD): 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; ResMed (RMD) has no EPS growth figure this period.

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

Growth Metrics

Growth metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
Revenue Growth (YoY)7.25%9.85%
Revenue Growth (3Y CAGR)5.55%10.21%
EPS Growth (YoY)18.33%--
EPS Growth (3Y CAGR)-9.19%19.64%

Financial Strength

Current Ratio (MRQ)

Both Labcorp (LH) at 1.41 and ResMed (RMD) at 2.65 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity 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

RMD

Health Care Equipment & Services industry group

2.65

Max
7.59
Q3
4.00
RMD
2.65
Median
1.98
Q1
1.37
Min
0.30
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Labcorp (LH) vs. ResMed (RMD): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

ResMed (RMD) at 0.10 keeps leverage in the lower industry quartile, while Labcorp (LH) at 0.77 runs a more typical debt-to-equity mix.

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

RMD

Health Care Equipment & Services industry group

0.10

Max
1.88
Q3
0.91
Median
0.58
Q1
0.16
RMD
0.10
Min
0.00
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Labcorp (LH) vs. ResMed (RMD): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
Current Ratio (MRQ)1.412.65
Debt / Equity (MRQ)0.770.10
Net Debt / EBITDA2.81-0.19

Dividends

Dividend Yield (TTM)

Both Labcorp (LH) at 0.79% and ResMed (RMD) at 1.03% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.

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%

RMD

Health Care Equipment & Services industry group

1.03%

RMD
1.03%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Labcorp (LH) vs. ResMed (RMD): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

Dividend Payout Ratio (TTM)

Both Labcorp (LH) at 23.61% and ResMed (RMD) at 22.40% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.

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%

RMD

Health Care Equipment & Services industry group

22.40%

RMD
22.40%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Labcorp (LH) vs. ResMed (RMD): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
Dividend Yield (TTM)0.79%1.03%
Dividend Payout Ratio (TTM)23.61%22.40%

Valuation

P/E Ratio (TTM)

Both Labcorp (LH) at 30.05 and ResMed (RMD) at 21.43 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

RMD

Health Care Equipment & Services industry group

21.43

Max
80.41
Q3
47.62
Median
29.93
RMD
21.43
Q1
21.19
Min
4.21
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Labcorp (LH) vs. ResMed (RMD): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Labcorp (LH) at 2.04 is priced about in line with its industry on P/S ratio, while ResMed (RMD) at 5.77 sits in the pricier quartile — RMD costs more per dollar of sales.

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

RMD

Health Care Equipment & Services industry group

5.77

Max
8.80
RMD
5.77
Q3
4.32
Median
2.13
Q1
1.10
Min
0.03
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Labcorp (LH) vs. ResMed (RMD): 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 Labcorp (LH) at 3.36 and ResMed (RMD) at 5.56 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

RMD

Health Care Equipment & Services industry group

5.56

Max
11.68
Q3
6.12
RMD
5.56
Median
3.00
Q1
1.73
Min
-1.31
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Labcorp (LH) vs. ResMed (RMD): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Labcorp (LH) and ResMed (RMD)
MetricLHRMD
P/E Ratio (TTM)30.0521.43
P/S Ratio (TTM)2.045.77
P/B Ratio (MRQ)3.365.56
Free Cash Flow Yield (TTM)3.55%3.92%