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STE vs LH

Comparison between Steris Plc (STE, Company) and Laboratory Corp Of America Holdings (LH, Company).

Both STE and LH are from the Healthcare sector.

5-Year PerformanceLH has outperformed STE, delivering a return of +2.2% compared to +0.5%

STE vs LH - Performance Comparison

Key Characteristics

Financial metrics and valuation ratios

Market Cap
STE
$21B
Winner
LH
$21B
Max Drawdown
Winner
STE
49.84%
LH
63.10%
Sharpe Ratio
STE
-0.31
Winner
LH
0.15
5Y Beta
Winner
STE
0.53
LH
0.54
Industry
STE
Medical Devices
LH
Diagnostics & Research
P/E Ratio
STE
29.76
Winner
LH
22.55
Forward P/E
STE
19.65
Winner
LH
14.39
PEG Ratio
Winner
STE
0.57
LH
0.74
Dividend Yield
STE
1.12%
LH
1.12%
5Y Dividends CAGR
STE
14.49%
LH
N/A
5Y EPS CAGR
Winner
STE
7.27%
LH
-15.91%
Debt to Equity
Winner
STE
26.53%
LH
72.57%
Free Cash Flow Yield
STE
4.36%
Winner
LH
6.54%
P/S Ratio
STE
3.61
Winner
LH
1.49
P/B Ratio
STE
2.91
Winner
LH
2.41

STE vs LH - Historical Returns

Returns include dividend reinvestment.

1M
STE
-7.81%
Winner
LH
-7.50%
3M
STE
-15.25%
Winner
LH
-7.03%
6M
STE
-20.96%
Winner
LH
+1.07%
1Y
STE
-7.23%
Winner
LH
+3.25%
5Y(CAGR)
STE
+0.55%
Winner
LH
+2.22%
10Y(CAGR)
Winner
STE
+12.36%
LH
+9.53%
Max(CAGR)
STE
+12.24%
Winner
LH
+15.08%

STE vs LH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

YearSTELH
2026-16.82%+1.23%
2025+26.47%+11.17%
2024-4.40%-0.10%
2023+19.62%+12.73%
2022-23.18%-20.33%
2021+30.20%+53.36%
2020+26.12%+21.54%
2019+47.86%+33.81%
2018+22.48%-22.14%
2017+30.11%+23.58%
2016-7.96%+4.47%
2015+17.29%+10.97%
2014+39.70%+19.58%
2013+39.44%+4.33%
2012+18.11%+0.25%
2011-17.94%-4.04%
2010+31.01%+15.12%
2009+26.21%+15.26%
2008-16.24%-14.13%
2007+13.39%+3.32%
2006-0.60%+36.87%
2005+8.55%+10.57%
2004+3.63%+33.37%
2003-7.94%+54.02%
2002+33.98%-41.04%
2001+11.54%+9.26%
2000+60.24%+385.51%
1999-23.74%+22.93%

STE vs LH Drawdown Comparison

The maximum drawdown for STE was -49.58%, occurring on Mar 9, 2009. Recovery took 383 trading sessions.

The maximum drawdown for LH was -63.10%, occurring on Oct 8, 2002. Recovery took 896 trading sessions.

The current STE drawdown is -22.58%. The current LH drawdown is -12.20%.

RankSTELH
#1-49.58%
Sep 26, 2008 - Apr 7, 2010
-63.10%
May 10, 2002 - Nov 29, 2005
#2-45.36%
Nov 19, 1999 - Oct 23, 2000
-46.58%
Feb 14, 2020 - Jul 20, 2020
#3-36.17%
Apr 20, 2022 - Sep 10, 2024
-37.89%
Dec 28, 2000 - Jul 27, 2001
#4-35.91%
Feb 14, 2020 - Sep 15, 2020
-36.21%
Jun 15, 2018 - Feb 13, 2020
#5-35.91%
Feb 15, 2001 - Jun 21, 2001
-34.60%
Dec 31, 2021 - Jun 10, 2025
#6-31.31%
Nov 8, 2001 - Sep 27, 2002
-34.26%
Jul 6, 2007 - Nov 1, 2010
#7-30.43%
Jul 17, 2001 - Oct 25, 2001
-26.32%
Jul 27, 2001 - Mar 14, 2002
#8-27.22%
Apr 21, 2004 - Jul 28, 2005
-24.64%
May 31, 2011 - May 28, 2013
#9-26.53%
Apr 2, 2003 - Apr 21, 2004
-21.25%
Mar 23, 2015 - Jun 1, 2016
#10-26.11%
Dec 17, 2010 - Oct 4, 2012
-18.29%
Nov 14, 2013 - Sep 3, 2014
#11-25.15%
Jun 27, 2007 - May 9, 2008
-16.71%
Feb 23, 2007 - Jul 5, 2007
#12-22.58%
Jan 16, 2026 - May 8, 2026
-15.41%
Sep 13, 2000 - Oct 24, 2000
#13-22.16%
Jul 28, 2005 - Apr 4, 2007
-15.22%
Oct 20, 2025 - Nov 6, 2025
#14-21.03%
Apr 20, 2010 - Dec 2, 2010
-15.10%
May 16, 2000 - Jun 20, 2000
#15-19.63%
Dec 29, 2015 - May 10, 2017
-14.08%
Mar 6, 2000 - Apr 10, 2000

Correlation

Correlation between STE and LH is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97
-101

Dividend Comparison (2004 - 2026)

STE vs LH dividend yield comparison.

YearSTELH
20260.30%0.28%
20250.95%1.15%
20241.06%1.26%
20230.90%1.18%
20220.97%0.92%
20210.68%0.00%
20200.81%0.00%
20190.93%0.00%
20181.22%0.00%
20171.35%0.00%
20161.57%0.00%
20151.27%0.00%
20141.36%0.00%
20131.66%0.00%
20122.07%0.00%
20112.15%0.00%
20101.43%0.00%
20098.62%0.00%
20081.17%0.00%
20070.76%0.00%
20060.68%0.00%
20050.48%0.00%
20040.00%0.16%

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