# LH · Labcorp Holdings Inc.

Snapshot 2026-10-26 · CIK 0000920148 · NYSE · Services-Medical Laboratories

Price 328.95 (2026-10-23, Alpaca Market Data (consolidated SIP daily bar)) · Market cap 26.68 B

Machine-readable: https://theclaudetrader.com/s/LH.json · index: https://theclaudetrader.com/llms.txt

## Scores

### Graham Defensive: 44.9 (ok) · complete: True · missing tests: none · current inputs as of 2025-12-31 · stale inputs: Revenue · history 2014–2025 · price 2026-10-23 · verification {'verified': 5, 'mismatch': 0, 'unverified': 21, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham
- 1 Adequate size: 13.95 revenue $B · threshold >= 1 · points 5.0/5
- 2a Current ratio: 1.8  · threshold >= 2.0 · points 11.9/15
- 2b Long-term debt vs working capital: 3.47 LTD / WC · threshold <= 1.0 · points 0.0/15
- 3 Positive earnings each of 10 years: 10 of 10  · threshold 10 of 10 · points 15.0/15
- 4 Dividends every year for 20 years: 4 of 20  · threshold 20 of 20 · points 3.0/15
- 5 EPS growth, 3-yr avg now vs 10 yrs ago: 5.69 -> 8.02 (+41%)  · threshold >= +33% · points 10.0/10
- 6 P/E on 3-year average EPS: 41.0  · threshold <= 15 · points 0.0/15
- 7 P/B <= 1.5, or P/E x P/B <= 22.5: P/B 3.10, product 127.1  · threshold <= 1.5 or <= 22.5 · points 0.0/10

Inputs:
  - Price (close, per traded unit): 328.95 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Revenue: 13951700000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - current_assets: 3814900000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - current_liabilities: 2124600000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - lt_debt: 5857600000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - equity: 8606800000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - Net income FY2016: 711800000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014819000033/ · unverified
  - Net income FY2017: 1227100000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014820000011/ · unverified
  - Net income FY2018: 883700000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014821000018/ · unverified
  - Net income FY2019: 823800000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014822000015/ · unverified
  - Net income FY2020: 1556100000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/ · unverified
  - Net income FY2021: 2377300000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Net income FY2022: 1279100000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Net income FY2023: 418000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2024: 746000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2025: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Dividend years (Yahoo): [1990, 1991, 1992, 1993, 1994, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/LH/history?filter=div · verified (partly: XBRL covers 4 of 20 years)
  - Dividends per share FY2022 (XBRL): 2.16 · 2022-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · verified
  - Dividends per share FY2023 (XBRL): 2.88 · 2023-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · verified
  - Dividends per share FY2024 (XBRL): 2.88 · 2024-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · verified
  - Dividends per share FY2025 (XBRL): 2.88 · 2025-12-31 · SEC XBRL CommonStockDividendsPerShareCashPaid · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · verified
  - EPS diluted FY2014: 5.91 · 2014-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014816000165/ · unverified
  - EPS diluted FY2015: 4.35 · 2015-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014818000024/ · unverified
  - EPS diluted FY2016: 6.82 · 2016-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014819000033/ · unverified
  - EPS diluted FY2023: 4.77 · 2023-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - EPS diluted FY2024: 8.84 · 2024-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - EPS diluted FY2025: 10.46 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Shares outstanding: 81100000.0 · 2026-08-04 · SEC cover page 10-Q 0000920148-26-000175 (81,100,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/lh-20260630.htm · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/R1.htm

### Magic Formula: 36.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-03-31 · stale inputs: operating_income_q · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/magic_formula
-  Earnings yield (EBIT/EV): 4.62 % · threshold  · points /
-  Return on capital (EBIT/(NWC+PPE)): 31.24 % · threshold  · points /
-  Combined rank: 220  · threshold  · points /

Inputs:
  - operating_income: 1384700000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/
  - operating_income_q: 380800000.0 · 2026-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000139/
  - operating_income_q: 326000000.0 · 2025-03-31 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000139/
  - operating_income_q: 451600000.0 · 2026-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - operating_income_q: 394500000.0 · 2025-06-30 · SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - current_assets: 3814900000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - current_liabilities: 2124600000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - cash: 141800000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - ppe_net: 3100500000.0 · 2026-06-30 · SEC XBRL PropertyPlantAndEquipmentNet · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - lt_debt: 5857600000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - debt_lt_current: 900000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/
  - shares_out: 81100000.0 · 2026-08-04 · SEC cover page 10-Q 0000920148-26-000175 (81,100,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/lh-20260630.htm · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/R1.htm
  - Price (close): 328.95 · 2026-10-23 · Yahoo Finance / Alpaca Market Data · 
  - note: debt = LongTermDebtNoncurrent + LongTermDebtCurrent ·  ·  · 

### Momentum: 69.4 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price 2026-10-23 · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/momentum
-  12-1 month return: 8.1 % · threshold  · points 26.1/50
-  6 month return: 24.8 % · threshold  · points 16.9/20
-  Price / 52-week high: 0.971  · threshold  · points 14.6/15
-  Volatility penalty (60d annualised): 21.2 % · threshold  · points 11.8/15

Inputs:
  - Adjusted close series (14 months): 328.95 · 2026-10-23 · Yahoo Finance / Alpaca Market Data daily history · 

### Insider: 0.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-10-23 · stale inputs: none · history None–None · price None · verification None · computed 2026-10-26 · rules https://theclaudetrader.com/p/insider
-  Open-market buy value / market cap (percentile among buyers): 0.0 bp · threshold  · points 0.0/35
-  Distinct buyers: 0  · threshold  · points 0.0/25
-  Buyer seniority: 0.0  · threshold  · points 0.0/20
-  Recency (half-life 30d): 0.0  · threshold  · points 0.0/10
-  Sales penalty (excludes 10b5-1 plan sales): 0.27 bp · threshold  · points -4.4/0

Inputs:
  - Form 4 S Summy Amy B. 2026-08-04: 283427.76 · 2026-08-04 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000176/
  - Form 4 S Wilkinson Peter J 2026-08-03: 25356.04 · 2026-08-03 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000172/
  - Form 4 S Wilkinson Peter J 2026-08-03: 413749.74000000005 · 2026-08-03 · SEC Form 4 (insider transactions data set) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000172/
  - excluded 2026-08-17 S: 10b5-1 plan ·  · rule · 
  - excluded 2026-08-11 S: 10b5-1 plan ·  · rule · 

### Buffett Quality: 48.1 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2016–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 48, 'not_cross_checked': 2} · computed 2026-10-26 · rules https://theclaudetrader.com/p/buffett
- 1 Average return on equity (net income / year-end equity): 12.5% over 8 yrs  · threshold >= 15% · points 16.2/25
- 2 Profitable every year: 10 of 10  · threshold all years · points 15.0/15
- 3 Net income growth, 3-yr average now vs start of window: -4.5% a year  · threshold >= +10% · points 0.0/10
- 4 Borrowings / 3-yr average earnings (years to repay): 8.6 years · threshold <= 4 · points 0.0/15
- 5 Operating margin, 5-yr average: 11.9%  · threshold >= 20% · points 3.3/10
- 6 Free cash flow / net income, 5-yr (operating cash flow minus capex): 1.30  · threshold >= 1.0 · points 10.0/10
- 7 Owner-earnings yield (3-yr avg free cash flow / market cap): 4.0%  · threshold >= 7% · points 3.6/15

Inputs:
  - Price (close, per traded unit): 328.95 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - Net income FY2018: 883700000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014821000018/ · unverified
  - Equity at FY2018 end: 7048300000.0 · 2018-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014822000015/ · unverified
  - Net income FY2019: 823800000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014822000015/ · unverified
  - Equity at FY2019 end: 7643900000.0 · 2019-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/ · unverified
  - Net income FY2020: 1556100000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/ · unverified
  - Equity at FY2020 end: 9436600000.0 · 2020-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Net income FY2021: 2377300000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Equity at FY2021 end: 10273400000.0 · 2021-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Net income FY2022: 1279100000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Equity at FY2022 end: 10096600000.0 · 2022-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2023: 418000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Equity at FY2023 end: 7875000000.0 · 2023-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2024: 746000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Equity at FY2024 end: 8052200000.0 · 2024-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - Net income FY2025: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Equity at FY2025 end: 8619800000.0 · 2025-12-31 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - Net income FY2016: 711800000.0 · 2016-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014819000033/ · unverified
  - Net income FY2017: 1227100000.0 · 2017-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014820000011/ · unverified
  - Net income FY2018: 883700000.0 · 2018-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014821000018/ · unverified
  - Net income FY2019: 823800000.0 · 2019-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014822000015/ · unverified
  - Net income FY2020: 1556100000.0 · 2020-12-31 · SEC XBRL NetIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/ · unverified
  - Net income FY2021: 2377300000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Net income FY2022: 1279100000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Net income FY2023: 418000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2024: 746000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2025: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - lt_debt: 5857600000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - debt_lt_current: 900000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - Operating income FY2021: 3048600000.0 · 2021-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Revenue FY2021: 13136100000.0 · 2021-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Operating income FY2022: 1436500000.0 · 2022-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Revenue FY2022: 11863900000.0 · 2022-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Operating income FY2023: 725600000.0 · 2023-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Revenue FY2023: 12161600000.0 · 2023-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Operating income FY2024: 1086700000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Revenue FY2024: 13008900000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Operating income FY2025: 1384700000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Revenue FY2025: 13951700000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Operating cash flow FY2021: 3109600000.0 · 2021-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified

### Lynch GARP: 28.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 6, 'not_cross_checked': 1} · computed 2026-10-26 · rules https://theclaudetrader.com/p/lynch
- 1 PEG: P/E divided by 5-yr EPS growth (in % points): None  · threshold <= 1.0 · points 0.0/30
- 2 EPS growth, 5-yr compound rate: -8.0% a year  · threshold 12% to 35% a year · points 0.0/20
- 3 P/E on latest annual EPS: 31.4  · threshold <= 25 · points 5.7/10
- 4 Borrowings / equity: 0.68  · threshold <= 0.5 · points 12.3/15
- 5 Years of the last 5 in which EPS rose: 3 of 5  · threshold 5 of 5 · points 9.0/15
- 6 Net cash (cash minus borrowings) / market cap: -21.4%  · threshold >= +10% · points 1.0/10

Inputs:
  - Price (close, per traded unit): 328.95 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - EPS diluted FY2025: 10.46 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - EPS diluted FY2020: 15.88 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/ · unverified
  - lt_debt: 5857600000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - debt_lt_current: 900000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - equity: 8606800000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - cash: 141800000.0 · 2026-06-30 · SEC XBRL CashAndCashEquivalentsAtCarryingValue · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified

### Graham Enterprising: 40.0 (ok) · complete: True · missing tests: none · current inputs as of 2026-06-30 · stale inputs: none · history 2020–2025 · price 2026-10-23 · verification {'verified': 0, 'mismatch': 0, 'unverified': 12, 'not_cross_checked': 3} · computed 2026-10-26 · rules https://theclaudetrader.com/p/graham_enterprising
- 1 Current ratio: 1.8  · threshold >= 1.5 · points 15.0/15
- 2 Borrowings vs working capital: 3.47 x · threshold <= 1.1x · points 0.0/15
- 3 No earnings deficit in the last 5 years: 5 of 5 profitable  · threshold 5 of 5 · points 15.0/15
- 4 Pays a current dividend: yes  · threshold yes · points 10.0/10
- 5 EPS higher than five years earlier: 15.88 -> 10.46  · threshold higher · points 0.0/10
- 6 Price / book value per share: 3.1  · threshold <= 1.2 · points 0.0/20
- 7 Price / net current asset value per share (current assets minus all liabilities): None  · threshold <= 0.67 · points 0.0/15

Inputs:
  - Price (close, per traded unit): 328.95 · 2026-10-23 · Alpaca Market Data (consolidated SIP daily bar) · https://docs.alpaca.markets/docs/historical-stock-data-1
  - current_assets: 3814900000.0 · 2026-06-30 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - current_liabilities: 2124600000.0 · 2026-06-30 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - lt_debt: 5857600000.0 · 2026-06-30 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - debt_lt_current: 900000.0 · 2026-06-30 · SEC XBRL LongTermDebtCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - Net income FY2021: 2377300000.0 · 2021-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/ · unverified
  - Net income FY2022: 1279100000.0 · 2022-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/ · unverified
  - Net income FY2023: 418000000.0 · 2023-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2024: 746000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Net income FY2025: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - Dividend years (Yahoo): [1992, 1993, 1994, 2022, 2023, 2024, 2025, 2026] ·  · Yahoo Finance dividend history · https://finance.yahoo.com/quote/LH/history?filter=div
  - EPS diluted FY2025: 10.46 · 2025-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - EPS diluted FY2020: 15.88 · 2020-12-31 · SEC XBRL EarningsPerShareDiluted · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/ · unverified
  - equity: 8606800000.0 · 2026-06-30 · SEC XBRL StockholdersEquity · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - Shares outstanding: 81100000.0 · 2026-08-04 · SEC cover page 10-Q 0000920148-26-000175 (81,100,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/lh-20260630.htm · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/R1.htm

### Piotroski F-Score: 88.9 (ok) · complete: True · missing tests: none · current inputs as of None · stale inputs: none · history 2024–2026 · price None · verification {'verified': 0, 'mismatch': 0, 'unverified': 27, 'not_cross_checked': 0} · computed 2026-10-26 · rules https://theclaudetrader.com/p/piotroski
- 1 Return on assets is positive: 4.8%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 2 Operating cash flow is positive: 1,640M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 3 Return on assets improved on the prior year: 4.1% -> 4.8%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 4 Operating cash flow exceeds net income (accruals): 1,640M vs 876M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 5 Long-term debt / assets fell: 29.0% -> 27.6%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 6 Current ratio improved: 1.44 -> 1.42  · threshold pass = 1 · points 0.0/11.11111111111111
- 7 No new shares issued (share count did not rise): 83M -> 81M  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 8 Operating margin improved (stand-in for gross margin, which the dataset does not carry): 8.4% -> 9.9%  · threshold pass = 1 · points 11.11111111111111/11.11111111111111
- 9 Asset turnover (revenue / assets) improved: 0.71 -> 0.76  · threshold pass = 1 · points 11.11111111111111/11.11111111111111

Inputs:
  - net_income 2025-12-31: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - total_assets 2025-12-31: 18392700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - cfo 2025-12-31: 1640500000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - net_income 2025-12-31: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - net_income 2024-12-31: 746000000.0 · 2024-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - total_assets 2025-12-31: 18392700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - total_assets 2024-12-31: 18379000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - cfo 2025-12-31: 1640500000.0 · 2025-12-31 · SEC XBRL NetCashProvidedByUsedInOperatingActivities · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - net_income 2025-12-31: 876500000.0 · 2025-12-31 · SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-150752) · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - lt_debt 2025-12-31: 5084600000.0 · 2025-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - lt_debt 2024-12-31: 5331200000.0 · 2024-12-31 · SEC XBRL LongTermDebtNoncurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - total_assets 2025-12-31: 18392700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - total_assets 2024-12-31: 18379000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - current_assets 2025-12-31: 4020500000.0 · 2025-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - current_assets 2024-12-31: 4806500000.0 · 2024-12-31 · SEC XBRL AssetsCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - current_liabilities 2025-12-31: 2823500000.0 · 2025-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - current_liabilities 2024-12-31: 3330200000.0 · 2024-12-31 · SEC XBRL LiabilitiesCurrent · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - shares_out 2026-08-04: 81100000.0 · 2026-08-04 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - shares_out 2025-07-31: 83100000.0 · 2025-07-31 · SEC XBRL EntityCommonStockSharesOutstanding · https://www.sec.gov/Archives/edgar/data/920148/000092014825000081/ · unverified
  - operating_income 2025-12-31: 1384700000.0 · 2025-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - operating_income 2024-12-31: 1086700000.0 · 2024-12-31 · SEC XBRL OperatingIncomeLoss · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - revenue 2025-12-31: 13951700000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - revenue 2024-12-31: 13008900000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - revenue 2025-12-31: 13951700000.0 · 2025-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - revenue 2024-12-31: 13008900000.0 · 2024-12-31 · SEC XBRL Revenues · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified
  - total_assets 2025-12-31: 18392700000.0 · 2025-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/ · unverified
  - total_assets 2024-12-31: 18379000000.0 · 2024-12-31 · SEC XBRL Assets · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/ · unverified

## Market value, source trail

- Formula: market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used
- Traded price: 328.95 on 2026-10-23 (USD per traded unit (share or ADS)) · https://docs.alpaca.markets/docs/historical-stock-data-1
- SEC shares outstanding: 81,100,000 underlying shares, period 2026-08-04, SEC cover page 10-Q 0000920148-26-000175 (81,100,000 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/lh-20260630.htm, accession 0000920148-26-000175 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000175/R1.htm
- Depositary ratio: 1.0 (domestic; 10-K filer; SEC shares are the traded units) · None
- Market value (price date x latest reported shares): 26,677,845,000 USD; 328.95 (price 2026-10-23) / 1 x 81,100,000 (shares at 2026-08-04) = 26,677,845,000

## Revenue by fiscal year (SEC XBRL; FY = calendar year in which the fiscal year ends)

- FY2013 (ended 2013-12-31): 5808300000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014816000165/
- FY2014 (ended 2014-12-31): 6011600000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014817000018/
- FY2015 (ended 2015-12-31): 8680100000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014818000024/
- FY2016 (ended 2016-12-31): 9552900000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014819000033/
- FY2017 (ended 2017-12-31): 10308000000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014820000011/
- FY2018 (ended 2018-12-31): 11333400000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014821000018/
- FY2019 (ended 2019-12-31): 11554800000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014822000015/
- FY2020 (ended 2020-12-31): 13978500000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/
- FY2021 (ended 2021-12-31): 13136100000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/
- FY2022 (ended 2022-12-31): 11863900000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/
- FY2023 (ended 2023-12-31): 12161600000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/
- FY2024 (ended 2024-12-31): 13008900000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/
- FY2025 (ended 2025-12-31): 13951700000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/

## Net income by fiscal year (SEC XBRL)

- FY2013 (ended 2013-12-31): 573800000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014816000165/
- FY2014 (ended 2014-12-31): 511200000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014816000165/
- FY2015 (ended 2015-12-31): 437600000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014818000024/
- FY2016 (ended 2016-12-31): 711800000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014819000033/
- FY2017 (ended 2017-12-31): 1227100000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014820000011/
- FY2018 (ended 2018-12-31): 883700000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014821000018/
- FY2019 (ended 2019-12-31): 823800000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014822000015/
- FY2020 (ended 2020-12-31): 1556100000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014823000017/
- FY2021 (ended 2021-12-31): 2377300000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014824000014/
- FY2022 (ended 2022-12-31): 1279100000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014825000032/
- FY2023 (ended 2023-12-31): 418000000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/
- FY2024 (ended 2024-12-31): 746000000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/
- FY2025 (ended 2025-12-31): 876500000.0 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000111/

## EPS diluted by fiscal year (split-adjusted to today's share basis; as filed in brackets)

- FY2013 (ended 2013-12-31): 6.25 [filed 6.25, split factor 1.0]
- FY2014 (ended 2014-12-31): 5.91 [filed 5.91, split factor 1.0]
- FY2015 (ended 2015-12-31): 4.35 [filed 4.35, split factor 1.0]
- FY2016 (ended 2016-12-31): 6.82 [filed 6.82, split factor 1.0]
- FY2017 (ended 2017-12-31): 11.81 [filed 11.81, split factor 1.0]
- FY2018 (ended 2018-12-31): 8.61 [filed 8.61, split factor 1.0]
- FY2019 (ended 2019-12-31): 8.35 [filed 8.35, split factor 1.0]
- FY2020 (ended 2020-12-31): 15.88 [filed 15.88, split factor 1.0]
- FY2021 (ended 2021-12-31): 24.39 [filed 24.39, split factor 1.0]
- FY2022 (ended 2022-12-31): 13.97 [filed 13.97, split factor 1.0]
- FY2023 (ended 2023-12-31): 4.77 [filed 4.77, split factor 1.0]
- FY2024 (ended 2024-12-31): 8.84 [filed 8.84, split factor 1.0]
- FY2025 (ended 2025-12-31): 10.46 [filed 10.46, split factor 1.0]

## Dividend years (Yahoo history)

1990, 1991, 1992, 1993, 1994, 2022, 2023, 2024, 2025, 2026

## Insider transactions (SEC Form 4 data set, latest 40)

- 2026-08-17 S ANDERSON KERRII B (director) 3000 @ 318.02 = 954060 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000186/
- 2026-08-11 S Schechter Adam H (CEO) 4669 @ 320.37 = 1495808 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000177/
- 2026-08-04 S Summy Amy B. (officer) 924 @ 306.74 = 283428 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000176/
- 2026-08-03 S Wilkinson Peter J (officer) 82 @ 309.22 = 25356 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000172/
- 2026-08-03 S Wilkinson Peter J (officer) 1338 @ 309.23 = 413750 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000172/
- 2026-07-02 S Vaughn Bryan T (Pres) 234 @ 286.19 = 66968 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000151/
- 2026-07-02 S Kyle Kathryn W (officer) 92 @ 286.19 = 26329 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000152/
- 2026-06-08 S Kyle Kathryn W (officer) 762 @ 263.89 = 201084 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000148/
- 2026-05-11 S Schechter Adam H (CEO) 5903 @ 254.50 = 1502314 · https://www.sec.gov/Archives/edgar/data/920148/000092014826000140/

## Links

- sec_filings: https://www.sec.gov/edgar/browse/?CIK=0000920148
- sec_xbrl_companyfacts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000920148.json
- sec_form4: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000920148&type=4
- sec_8k: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000920148&type=8-K
- yahoo: https://finance.yahoo.com/quote/LH
- stooq: https://stooq.com/q/d/?s=lh.us
- morningstar (link only, nothing stored): https://www.morningstar.com/search?query=LH
- finviz (link only, nothing stored): https://finviz.com/quote.ashx?t=LH
- stockanalysis (link only, nothing stored): https://stockanalysis.com/stocks/lh/
- seeking_alpha (link only, nothing stored): https://seekingalpha.com/symbol/LH
- openinsider (link only, nothing stored): http://openinsider.com/search?q=LH
- google_news (link only, nothing stored): https://news.google.com/rss/search?q=LH+stock

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/LH; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23.

Scores are deterministic rule outputs from public filings. fair_value_model is a labelled model estimate from the same filings (method at /fair-value), not an opinion or recommendation.