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LH vs. SNN: Labcorp vs. Smith & Nephew Stock Comparison

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

Labcorp (LH) trades as ordinary local shares, while Smith & Nephew (SNN) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Labcorp (LH) and Smith & Nephew (SNN)
Profile ItemLHSNN
NameLabcorp Holdings Inc.Smith & Nephew plc Sponsored ADR
Country/RegionUnited StatesUnited Kingdom
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 USD13.04 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 29, 1990November 16, 1999
Security TypeCommon StockADR

Price Performance

Cumulative Growth

LH
SNN
GSPC
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Labcorp (LH) vs. Smith & Nephew (SNN), 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 Smith & Nephew (SNN). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Labcorp (LH) and Smith & Nephew (SNN). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Labcorp (LH) and Smith & Nephew (SNN)
MetricLHSNN
Total Return (1Y)48.62%-4.20%
Total Return (3Y, Annualized)23.39%11.34%
Total Return (5Y, Annualized)10.54%-0.34%

Risk Profile

Drawdown History

LH
SNN
GSPC
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Labcorp (LH) vs. Smith & Nephew (SNN), 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 Smith & Nephew (SNN). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Labcorp (LH) and Smith & Nephew (SNN)
MetricLHSNN
Volatility (1Y, Annualized)24.36%27.31%
Beta (5Y)0.850.49
Max Drawdown (5Y)-34.61%-38.80%
Avg. Volume (3M)721.05K1.49M

Risk-Adjusted Performance

Risk-Return Positioning

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LH and SNN 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 Smith & Nephew (SNN)
MetricLHSNN
Sharpe Ratio (1Y)1.82-0.31
Sortino Ratio (1Y)2.99-0.46

Profitability

ROE (TTM)

Both Labcorp (LH) at 11.44% and Smith & Nephew (SNN) at 11.85% 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%

SNN

Health Care Equipment & Services industry group

11.85%

Max
47.61%
Q3
14.36%
SNN
11.85%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

Smith & Nephew (SNN) at 10.08% 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%

SNN

Health Care Equipment & Services industry group

10.08%

Max
29.35%
SNN
10.08%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Smith & Nephew (SNN) at 14.47% 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%

SNN

Health Care Equipment & Services industry group

14.47%

Max
35.43%
SNN
14.47%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for Labcorp (LH) and Smith & Nephew (SNN)
MetricLHSNN
ROE (TTM)11.44%11.85%
ROA (TTM)5.48%5.16%
Net Margin (TTM)6.88%10.08%
Operating Margin (TTM)10.91%14.47%
Gross Margin (TTM)28.96%68.44%

Growth

Revenue Growth

Both Labcorp (LH) at 7.25% and Smith & Nephew (SNN) at 6.09% 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. Smith & Nephew (SNN): A comparison of their Revenue Growth across different time periods.

EPS Growth

Smith & Nephew (SNN) at 52.34% sits in the top EPS growth quartile, while Labcorp (LH) at 18.33% is closer to the peer norm — faster per-share earnings growth for SNN.

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Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Labcorp (LH) and Smith & Nephew (SNN)
MetricLHSNN
Revenue Growth (YoY)7.25%6.09%
Revenue Growth (3Y CAGR)5.55%5.73%
EPS Growth (YoY)18.33%52.34%
EPS Growth (3Y CAGR)-9.19%42.01%

Financial Strength

Current Ratio (MRQ)

Both Labcorp (LH) at 1.41 and Smith & Nephew (SNN) at 2.14 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

SNN

Health Care Equipment & Services industry group

2.14

Max
7.59
Q3
4.00
SNN
2.14
Median
1.98
Q1
1.37
Min
0.30
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Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both Labcorp (LH) at 0.77 and Smith & Nephew (SNN) at 0.73 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

SNN

Health Care Equipment & Services industry group

0.73

Max
1.88
Q3
0.91
SNN
0.73
Median
0.58
Q1
0.16
Min
0.00
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Labcorp (LH) vs. Smith & Nephew (SNN): 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 Smith & Nephew (SNN)
MetricLHSNN
Current Ratio (MRQ)1.412.14
Debt / Equity (MRQ)0.770.73
Net Debt / EBITDA2.812.19

Dividends

Dividend Yield (TTM)

Both Labcorp (LH) at 0.79% and Smith & Nephew (SNN) at 1.24% 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%

SNN

Health Care Equipment & Services industry group

1.24%

SNN
1.24%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Labcorp (LH) vs. Smith & Nephew (SNN): 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 Smith & Nephew (SNN) at 53.20% 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%

SNN

Health Care Equipment & Services industry group

53.20%

SNN
53.20%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for Labcorp (LH) and Smith & Nephew (SNN)
MetricLHSNN
Dividend Yield (TTM)0.79%1.24%
Dividend Payout Ratio (TTM)23.61%53.20%

Valuation

P/E Ratio (TTM)

Both Labcorp (LH) at 30.05 and Smith & Nephew (SNN) at 21.19 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

SNN

Health Care Equipment & Services industry group

21.19

Max
80.41
Q3
47.62
Median
29.93
SNN
21.19
Q1
21.19
Min
4.21
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Labcorp (LH) vs. Smith & Nephew (SNN): 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 Labcorp (LH) at 2.04 and Smith & Nephew (SNN) at 2.07 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

SNN

Health Care Equipment & Services industry group

2.07

Max
8.80
Q3
4.32
Median
2.13
SNN
2.07
Q1
1.10
Min
0.03
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Labcorp (LH) vs. Smith & Nephew (SNN): 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 sits near its industry’s typical P/B ratio, while Smith & Nephew (SNN) at 12.80 prices above its benchmark range — SNN looks rich relative to book.

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

SNN

Health Care Equipment & Services industry group

12.80

SNN
12.80
Max
11.68
Q3
6.12
Median
3.00
Q1
1.73
Min
-1.31
Loading chart…
Labcorp (LH) vs. Smith & Nephew (SNN): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Labcorp (LH) and Smith & Nephew (SNN)
MetricLHSNN
P/E Ratio (TTM)30.0521.19
P/S Ratio (TTM)2.042.07
P/B Ratio (MRQ)3.3612.80
Free Cash Flow Yield (TTM)3.55%8.12%