What is Labcorp Holdings Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Labcorp Holdings Inc.'s reported free cash flow gives $128.98 per share. The share price was $309.64 on September 25, 2026, 140% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -5.0% | 10.0% | $55.02 | -82% |
| Base | -0.0% | 9.0% | $128.98 | -58% |
| Bull | 5.0% | 8.0% | $267.08 | -14% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $180.15 | $195.48 | $214.22 | $237.65 | $267.76 |
| 8.0% | $142.19 | $152.13 | $163.88 | $177.98 | $195.22 |
| 9.0% | $114.34 | $121.14 | $128.98 | $138.14 | $148.95 |
| 10.0% | $93.04 | $97.88 | $103.36 | $109.62 | $116.84 |
| 11.0% | $76.22 | $79.76 | $83.73 | $88.18 | $93.23 |
Where the presets come from
Base: years 1 to 5 grow at Labcorp Holdings Inc.'s revenue growth rate over the last 5 fiscal years (-0.0% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions