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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.

Company profile comparison for Labcorp (LH) and Stryker (SYK)
Profile ItemLHSYK
NameLabcorp Holdings Inc.Stryker Corp.
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 USD124.06 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateMarch 29, 1990March 17, 1980
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

LH
SYK
GSPC
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Labcorp (LH) vs. Stryker (SYK), 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 Stryker (SYK). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for Labcorp (LH) and Stryker (SYK)
MetricLHSYK
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

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

Risk Metrics

Risk profile metrics for Labcorp (LH) and Stryker (SYK)
MetricLHSYK
Volatility (1Y, Annualized)24.36%32.80%
Beta (5Y)0.850.72
Max Drawdown (5Y)-34.61%-32.47%
Avg. Volume (3M)721.05K2.81M

Risk-Adjusted Performance

Risk-Return Positioning

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LH and SYK 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 Stryker (SYK)
MetricLHSYK
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%
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Labcorp (LH) vs. Stryker (SYK): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

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

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

Profitability Metrics

Profitability metrics for Labcorp (LH) and Stryker (SYK)
MetricLHSYK
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.

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

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.

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

Growth Metrics

Growth metrics for Labcorp (LH) and Stryker (SYK)
MetricLHSYK
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
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Labcorp (LH) vs. Stryker (SYK): 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 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
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Labcorp (LH) vs. Stryker (SYK): 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 Stryker (SYK)
MetricLHSYK
Current Ratio (MRQ)1.412.18
Debt / Equity (MRQ)0.770.66
Net Debt / EBITDA2.811.62

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

Dividend Metrics

Dividend metrics for Labcorp (LH) and Stryker (SYK)
MetricLHSYK
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
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Labcorp (LH) vs. Stryker (SYK): 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 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
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Labcorp (LH) vs. Stryker (SYK): 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 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
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Labcorp (LH) vs. Stryker (SYK): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for Labcorp (LH) and Stryker (SYK)
MetricLHSYK
P/E Ratio (TTM)30.0534.70
P/S Ratio (TTM)2.044.72
P/B Ratio (MRQ)3.365.29
Free Cash Flow Yield (TTM)3.55%2.98%