LH vs. SYK: Labcorp vs. Stryker Stock Comparison
How do Labcorp (LH) and Stryker (SYK) 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 Stryker (SYK) both fall under the Health Care Equipment & Services industry group, but LH is classified in Health Care Providers & Services while SYK is classified in Health Care Equipment & Supplies.
| Profile Item | LH | SYK |
|---|---|---|
| Name | Labcorp Holdings Inc. | Stryker Corp. |
| 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 Equipment |
| Market Capitalization | 29.77 billion USD | 124.06 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 29, 1990 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LH | SYK |
|---|---|---|
| Total Return (1Y) | 48.62% | -6.99% |
| Total Return (3Y, Annualized) | 23.39% | 7.60% |
| Total Return (5Y, Annualized) | 10.54% | 4.64% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LH | SYK |
|---|---|---|
| Volatility (1Y, Annualized) | 24.36% | 32.80% |
| Beta (5Y) | 0.85 | 0.72 |
| Max Drawdown (5Y) | -34.61% | -32.47% |
| Avg. Volume (3M) | 721.05K | 2.81M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LH | SYK |
|---|---|---|
| Sharpe Ratio (1Y) | 1.82 | -0.34 |
| Sortino Ratio (1Y) | 2.99 | -0.49 |
Profitability
ROE (TTM)
Stryker (SYK) at 16.02% sits in the top ROE quartile, while Labcorp (LH) at 11.44% is closer to the peer norm — stronger capital efficiency for SYK.
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%
SYK
Health Care Equipment & Services industry group
16.02%
- Max
- 47.61%
- SYK
- 16.02%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
Stryker (SYK) at 13.78% 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%
SYK
Health Care Equipment & Services industry group
13.78%
- Max
- 29.35%
- SYK
- 13.78%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Stryker (SYK) at 22.96% 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%
SYK
Health Care Equipment & Services industry group
22.96%
- Max
- 35.43%
- SYK
- 22.96%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | LH | SYK |
|---|---|---|
| ROE (TTM) | 11.44% | 16.02% |
| ROA (TTM) | 5.48% | 8.36% |
| Net Margin (TTM) | 6.88% | 13.78% |
| Operating Margin (TTM) | 10.91% | 22.96% |
| Gross Margin (TTM) | 28.96% | 65.70% |
Growth
Revenue Growth
Both Labcorp (LH) at 7.25% and Stryker (SYK) at 11.16% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Labcorp (LH) at 18.33% and Stryker (SYK) at 8.25% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | LH | SYK |
|---|---|---|
| Revenue Growth (YoY) | 7.25% | 11.16% |
| Revenue Growth (3Y CAGR) | 5.55% | 10.83% |
| EPS Growth (YoY) | 18.33% | 8.25% |
| EPS Growth (3Y CAGR) | -9.19% | 10.83% |
Financial Strength
Current Ratio (MRQ)
Both Labcorp (LH) at 1.41 and Stryker (SYK) at 2.18 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
SYK
Health Care Equipment & Services industry group
2.18
- Max
- 7.59
- Q3
- 4.00
- SYK
- 2.18
- Median
- 1.98
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both Labcorp (LH) at 0.77 and Stryker (SYK) at 0.66 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
SYK
Health Care Equipment & Services industry group
0.66
- Max
- 1.88
- Q3
- 0.91
- SYK
- 0.66
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | LH | SYK |
|---|---|---|
| Current Ratio (MRQ) | 1.41 | 2.18 |
| Debt / Equity (MRQ) | 0.77 | 0.66 |
| Net Debt / EBITDA | 2.81 | 1.62 |
Dividends
Dividend Yield (TTM)
Both Labcorp (LH) at 0.79% and Stryker (SYK) at 1.05% 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%
SYK
Health Care Equipment & Services industry group
1.05%
- SYK
- 1.05%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Labcorp (LH) at 23.61% and Stryker (SYK) at 37.49% 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%
SYK
Health Care Equipment & Services industry group
37.49%
- SYK
- 37.49%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LH | SYK |
|---|---|---|
| Dividend Yield (TTM) | 0.79% | 1.05% |
| Dividend Payout Ratio (TTM) | 23.61% | 37.49% |
Valuation
P/E Ratio (TTM)
Both Labcorp (LH) at 30.05 and Stryker (SYK) at 34.70 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
SYK
Health Care Equipment & Services industry group
34.70
- Max
- 80.41
- Q3
- 47.62
- SYK
- 34.70
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Labcorp (LH) at 2.04 is priced about in line with its industry on P/S ratio, while Stryker (SYK) at 4.72 sits in the pricier quartile — SYK 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
SYK
Health Care Equipment & Services industry group
4.72
- Max
- 8.80
- SYK
- 4.72
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
On P/B ratio, both Labcorp (LH) at 3.36 and Stryker (SYK) at 5.29 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
SYK
Health Care Equipment & Services industry group
5.29
- Max
- 11.68
- Q3
- 6.12
- SYK
- 5.29
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | LH | SYK |
|---|---|---|
| P/E Ratio (TTM) | 30.05 | 34.70 |
| P/S Ratio (TTM) | 2.04 | 4.72 |
| P/B Ratio (MRQ) | 3.36 | 5.29 |
| Free Cash Flow Yield (TTM) | 3.55% | 2.98% |