May 11, 2026
Created by Mark Reynolds

Lipid Panel: 7 Critical Facts About HDL and LDL

BLOODWORK · GUIDE

LIPID PANEL: 7 CRITICAL FACTS ABOUT HDL AND LDL

A lipid panel is the blood test that reports total cholesterol, HDL cholesterol, LDL cholesterol and triglycerides. It is also the panel that moves fastest once a lifter starts an oral compound, and the one most often misread, because the LDL figure on the printout is usually calculated rather than measured. This guide reads each number the way a trained man on hormones has to read it, and the steroids and cholesterol guide covers compound specific effects in detail.

M
Mark Reynolds
Bloodwork & Health Editor · Updated September 2026

Data in brief

Three numbers frame everything else on this page. All three come from controlled work in weight trained men, not from general population screening.

An oral took HDL down 33 per cent

Eleven male weight lifters took oral stanozolol at 6 mg a day for six weeks. HDL cholesterol fell 33 per cent, the HDL2 subfraction fell 71 per cent, apolipoprotein A-I fell 40 per cent and LDL cholesterol rose 29 per cent (PMID 2915439).

The same men on an injectable lost 9 per cent

In the crossover arm of that trial, intramuscular testosterone enanthate at 200 mg a week moved HDL cholesterol by only 9 per cent, and the loss sat in the HDL3 subfraction instead. Route of administration, not androgenic strength, drove the damage.

Training adds about 2.5 mg/dL back

Across 25 controlled trials of aerobic training, the mean net gain in HDL cholesterol was 2.53 mg/dL (PMID 17533202). That is the honest size of the lever people expect to fix a wrecked panel with.

What this guide covers

Covered

Every line on the report. Total cholesterol, HDL, LDL, triglycerides, non-HDL cholesterol, apolipoprotein B and lipoprotein(a): what each one is, which are measured and which are arithmetic.

How the numbers behave in trained men. What an oral does, what an injectable does, what a hard session or a recent meal does, and how much of a change is just laboratory and biological noise.

The primary studies by name and number. Thompson 1989, Zmuda 1993, Hartgens 2004, Baggish 2017, Martin 2013 and the European non-fasting consensus, with journals, volumes, pages and PubMed identifiers on the page.

Not covered

Compound by compound cholesterol effects. Which drugs are worst and how fast they act belongs to the steroids and cholesterol guide.

Treatment. No drug, dose, supplement or diet is recommended here. What food fat does to hormones is handled in the dietary fat and testosterone guide.

The rest of the panel. Enzymes, kidney figures and blood counts are covered by the seven marker baseline guide.

What a lipid panel measures, and what it only estimates

A standard lipid panel is four assays and two calculations. Total cholesterol, HDL cholesterol and triglycerides are measured directly in the sample. The LDL cholesterol figure printed underneath them is, in most laboratories, not measured at all: it is derived from the other three. Non-HDL cholesterol is also arithmetic, and it is free.

The classic derivation is the Friedewald equation, which assumes a fixed ratio between triglycerides and the cholesterol carried in very low density lipoprotein. That assumption drifts at high triglycerides and at low LDL. A 2013 analysis of more than 1.3 million samples built a ratio that varies by triglyceride and non-HDL stratum instead of a fixed one, and it agreed with directly measured LDL in 91.7 per cent of cases against 85.4 per cent for Friedewald, with the largest gain in people whose LDL sat below 70 mg/dL (PMID 24240933).

Two consequences matter for anyone reading their own report. A single LDL value carries more uncertainty than its two decimal places suggest, especially when triglycerides are high. And above 400 mg/dL of triglycerides most laboratories will not report a calculated LDL at all, which is why a panel sometimes comes back with that line blank.

The rarer lines, apolipoprotein B and lipoprotein(a), are measured directly and are not part of the standard order. They have to be asked for.

Line by line: HDL, LDL and triglycerides on the report

The table below is the whole report in one view. The fourth column is the part general medical pages leave out: what actually moves each marker in a man who trains hard and may be on hormones.

Every line of a standard lipid panel against what moves it in trained men. Measured directly   Calculated, not measured   Ordered separately, not standard
MarkerMeasured or derivedCommonly used adult bandWhat moves it in a lifterSource
Total cholesterolMeasuredCommonly quoted as desirable below 200 mg/dL (5.2 mmol/L)Often the last number to move. In 19 strength athletes self administering steroids it did not change significantly at all while HDL collapsedPMID 15155420
HDL cholesterolMeasuredLow is commonly flagged below 40 mg/dL (1.0 mmol/L) in menThe most reactive line on the report. Oral 17-alpha-alkylated compounds cut it by a third or more within weeks; injectable testosterone moves it far lessPMID 2915439
LDL cholesterolCalculated in most laboratoriesBelow 100 mg/dL (2.6 mmol/L) is the usual desirable bandRises on orals. The calculated value is least reliable exactly where it matters most, at low LDL and high triglyceridesPMID 24240933
TriglyceridesMeasuredBelow 150 mg/dL (1.7 mmol/L) is the usual normal bandMoves with the last meal, alcohol and recent training more than with any hormone. Above 400 mg/dL the calculated LDL is usually suppressedPMID 27122601
Non-HDL cholesterolCalculated, total minus HDLUsually read as roughly 30 mg/dL above the LDL targetCosts nothing, needs no extra draw, and tracked risk better than LDL in a cohort of more than 90,000 adultsPMID 33736827
Apolipoprotein BMeasured, ordered separatelyInterpreted against population percentiles rather than one cut-offCounts atherogenic particles instead of the cholesterol inside them. Rose from 0.96 to 1.32 g/L in steroid using strength athletesPMID 15155420
Lipoprotein(a)Measured, ordered separatelyLargely genetic, usually measured once in a lifetimeFell from 189 to 32 U/L under steroid administration. A lower number here is a drug effect, not a repaired risk profilePMID 15155420

Reference bands differ between laboratories and between countries, and a band is not a personal target. Anyone deciding what to do about a result needs a physician who can see the whole picture, including family history and blood pressure.

The split that decides the panel: oral versus injectable

The single most useful experiment on this subject is nearly forty years old and was done in weight lifters. Eleven men took oral stanozolol at 6 mg a day for six weeks, then, after a washout, intramuscular testosterone enanthate at 200 mg a week, so each man served as his own control.

Lipid panel changes on oral stanozolol versus injectable testosterone in the same 11 weight lifters: HDL cholesterol -33 versus -9 per cent, apolipoprotein A-I -40 versus -8 per cent, LDL cholesterol +29 versus -16 per cent, hepatic lipase +123 versus +25 per cent

The oral cut HDL cholesterol by 33 per cent and the HDL2 subfraction by 71 per cent, dropped apolipoprotein A-I by 40 per cent, and pushed LDL cholesterol up 29 per cent. The injectable moved HDL cholesterol by 9 per cent, and what it took came out of HDL3 rather than HDL2. Weight gain was similar on both. The authors concluded that the route of administration, not androgenic potency, produces the lipoprotein damage (PMID 2915439).

Field data agree on the size of the effect. In 19 strength athletes self administering steroids for eight or 14 weeks, HDL cholesterol fell from 1.08 to 0.43 mmol/L, apolipoprotein A-I from 1.41 to 0.71 g/L, and apolipoprotein B rose from 0.96 to 1.32 g/L (PMID 15155420). Total cholesterol and triglycerides did not change significantly in that study, which is the trap this whole page exists to flag: a report can look untouched on the two lines people check first while the particles underneath have been rearranged.

Why an oral does this, and why an aromatase inhibitor makes it worse

The mechanism named in the same trial is hepatic lipase. Stanozolol raised post-heparin hepatic triglyceride lipase activity by 123 per cent; testosterone raised it 25 per cent, which was not significant (PMID 2915439). Hepatic lipase strips lipid from HDL particles, and the larger HDL2 particles are its preferred substrate, which is why the HDL2 fraction took the deepest cut.

The follow up study is the one most people on hormones have never seen. Fourteen weight lifters received intramuscular testosterone at 200 mg a week, the aromatase inhibitor testolactone, or both together. Testosterone alone lowered HDL cholesterol by 16 per cent and apolipoprotein A-I by 12 per cent. Blocking aromatisation did not protect the panel: with the inhibitor added, HDL cholesterol fell 20 per cent, HDL2 fell 30 per cent, apolipoprotein A-I fell 15 per cent, and hepatic lipase activity rose 38 per cent instead of 21 per cent (PMID 8487666).

That result cuts against a common assumption. Oestradiol produced from testosterone is doing part of the work of holding HDL up, so suppressing it hard removes a brake rather than a problem. This page takes no position on whether anyone should use such a drug; it records what happened to the lipids when aromatisation was blocked in a controlled crossover.

The number that tracks risk better than LDL

LDL cholesterol measures the cholesterol carried inside low density particles. It does not count the particles. When those two disagree, which is common in people with high triglycerides or low HDL, the particle count is the one that follows the outcome.

In more than 90,000 adults from the Copenhagen General Population Study, a high apolipoprotein B with a low LDL cholesterol carried a hazard ratio of 1.49 for myocardial infarction and 1.21 for all cause mortality against concordant low values. High non-HDL cholesterol with low LDL gave 1.78 and 1.18. The reverse pattern, high LDL with low apolipoprotein B, carried no excess risk at all (PMID 33736827). A 2022 review sets out the physiological reason: one particle carries one apolipoprotein B molecule, whatever it is loaded with (PMID 36216435).

The practical version needs no new blood draw. Non-HDL cholesterol is total cholesterol minus HDL cholesterol, it is already on every lipid panel, and it is not disturbed by a recent meal. Apolipoprotein B has to be requested, and for a lifter whose HDL has been flattened by a compound it is the line most likely to change the conversation with a physician.

When the panel is telling you about something other than your health

Before anyone reacts to a bad line, it is worth ruling out the reasons a lipid panel moves that have nothing to do with the arteries. Two of the rows below are large enough to change a decision, and three of them are routinely blamed for changes nobody has actually measured.

What shifts the numbers besides your cardiovascular risk. Measured in a published study   Direction known, size not measured   Not established in this population
SituationWhich line movesWhat was actually measuredEvidence
You ate in the last one to six hoursTriglycerides, and slightly total and LDL cholesterolTriglycerides up by about 0.3 mmol/L (26 mg/dL); total, LDL and non-HDL down by about 0.2 mmol/L (8 mg/dL). HDL, apolipoprotein A-I, apolipoprotein B and lipoprotein(a) are not affected at allPMID 27122601
Triglycerides came back above 400 mg/dLThe calculated LDL lineMost laboratories suppress it, and the estimate is least accurate in exactly this rangePMID 24240933
Nothing changed, you simply tested twiceEvery line, HDL least of allWithin-subject variation for HDL cholesterol was 11.1 per cent, the lowest of the markers tested; a shift smaller than that is noisePMID 23648634
The draw landed in the middle of a cycleHDL, apolipoprotein A-I, apolipoprotein B, lipoprotein(a)HDL cholesterol 1.08 down to 0.43 mmol/L, apolipoprotein B 0.96 up to 1.32 g/L, lipoprotein(a) 189 down to 32 U/L, with total cholesterol and triglycerides barely movingPMID 15155420
Six weeks have passed since the last doseHDL, apolipoprotein A-I, apolipoprotein B, lipoprotein(a)Still not back to baseline at six weeks after cessation, and 14 weeks of use recovered more slowly than eightPMID 15155420
You trained hard or drank the evening beforeTriglycerides above allDirection is predictable, but the size of the shift has not been quantified in trained men in a controlled trialNot quantified
You are deep in a cut and dropping weight fastTriglycerides and HDLActive weight loss moves lipids while it is happening; a panel taken mid-cut is not a stable reading of anythingNot established here
You were dehydrated at the drawPotentially every concentration on the reportFrequently claimed, but no controlled measurement in lifters supports a specific figureNot established here

The European consensus behind the first row is worth stating plainly, because it changed practice: for routine screening, fasting is not required, and the laboratory should flag results against non-fasting cut-points instead (PMID 27122601). If a doctor asks for a fasting sample for a specific reason, that instruction wins over a web page.

The two lines people check are the two that did not move

A different dataset from the chart above: percentage change from baseline in 19 strength athletes who self administered steroids for eight or 14 weeks, against 16 non-using volunteers. Bar length is the size of the change. Red marks a change in the adverse direction, amber a fall that looks favourable but is drug driven, green a marker that did not shift. Hartgens 2004, PMID 15155420.

Lipoprotein(a)-83%
HDL2 cholesterol-76%
HDL cholesterol-60%
HDL3 cholesterol-54%
Apolipoprotein A-I-50%
Apolipoprotein B+38%
Total cholesterolno significant change
Triglyceridesno significant change

Read the bottom two bars first. Total cholesterol and triglycerides, the numbers a man glances at on his report, came through unchanged while HDL cholesterol lost sixty per cent of its value and the particle count went up by more than a third.

The lipoprotein(a) bar deserves its own warning. That marker is largely inherited and is normally measured once in a lifetime, so a large fall under drug administration is not a risk factor that has been fixed. It is a number that has stopped meaning what it usually means.

Claims about the lipid panel that do not survive the data

Each of these is common in gym conversation. Each is contradicted by a study named on this page.

1

My total cholesterol is normal, so the panel is fine

In 19 strength athletes on steroids, total cholesterol and triglycerides did not change significantly while HDL cholesterol fell from 1.08 to 0.43 mmol/L and apolipoprotein B rose 38 per cent (PMID 15155420). Total cholesterol is the least sensitive line on the report for this population.

2

Cardio will bring the HDL back up

Across 25 controlled trials, aerobic training raised HDL cholesterol by a mean of 2.53 mg/dL, and at least 120 minutes a week was needed to see it (PMID 17533202). Set that against a third of the HDL value removed by a single oral compound (PMID 2915439).

3

Injectables are harmless for lipids

The same eleven men lost 9 per cent of HDL cholesterol on intramuscular testosterone, and a separate crossover measured a 16 per cent fall (PMID 2915439, PMID 8487666). Smaller than an oral is not the same as nothing.

4

An aromatase inhibitor protects the panel

When testolactone was added to testosterone, HDL cholesterol fell 20 per cent rather than 16, HDL2 fell 30 per cent rather than 23, and hepatic lipase rose further (PMID 8487666). Blocking the conversion made the lipid picture worse in that trial.

5

A low lipoprotein(a) result means the risk is handled

Lipoprotein(a) fell from 189 to 32 U/L under steroid administration (PMID 15155420). The marker is largely genetic; a drug driven collapse in it is a distorted measurement, not an improved genome.

6

Lipids reset as soon as the cycle ends

Six weeks after cessation, HDL cholesterol, HDL2, apolipoprotein A-I, apolipoprotein B and lipoprotein(a) had all failed to return to pretreatment values, and 14 weeks of use recovered more slowly than eight weeks (PMID 15155420).

Where people get the lipid panel wrong

  • Reacting to one draw. Within-subject variation for HDL cholesterol alone was 11.1 per cent between draws in people whose health had not changed (PMID 23648634). A small move between two reports is usually the assay and the day, not the artery.
  • Treating the calculated LDL as a measurement. It agreed with directly measured LDL in 85.4 per cent of cases under the old equation, with the worst disagreement below 70 mg/dL and at high triglycerides (PMID 24240933).
  • Fasting for 12 hours and calling the result more accurate. The maximum mean shift after a habitual meal is about 26 mg/dL on triglycerides and 8 mg/dL on the cholesterol lines, and HDL, apolipoprotein B and lipoprotein(a) do not move at all (PMID 27122601).
  • Never asking for the two extra lines. Non-HDL cholesterol is already in the numbers you have. Apolipoprotein B costs one added request and, when it disagrees with LDL, it is the one that tracked infarction (PMID 33736827).
  • Reading lipids in isolation. Blood pressure, haematocrit, liver enzymes and kidney figures move together in this population. The bloodwork frequency guide covers when to draw, and the red cell markers and kidney figures have their own pages.

Long term users are the group with outcome data rather than marker data. In 86 weight lifters assessed by imaging, steroid users showed lower left ventricular ejection fraction, 52 per cent against 63, and higher coronary plaque volume than non-users, with lifetime dose tracking plaque burden (PMID 28533317).

Frequently asked questions

What do HDL, LDL and triglycerides mean on a lipid panel?

HDL cholesterol is the cholesterol carried in high density particles, LDL cholesterol is the cholesterol carried in low density particles, and triglycerides are circulating fat, largely reflecting what you last ate and how your body clears it. Total cholesterol is the sum of what those carriers hold. Of the four, HDL cholesterol is the one that reacts hardest to an oral androgen, falling 33 per cent in six weeks in weight lifters taking stanozolol (PMID 2915439).

What is another name for a lipid panel?

It is also called a lipid profile, a cholesterol panel, a cholesterol test or a fasting lipid profile. All describe the same order: total cholesterol, HDL cholesterol, triglycerides and a derived LDL value. European guidance has recommended for years that the sample does not need to be a fasting one for routine screening (PMID 27122601).

Which lipid markers should a lifter track?

HDL cholesterol, because it moves first and furthest; non-HDL cholesterol, because it is free arithmetic on the same report; and apolipoprotein B, which has to be requested separately. In a Copenhagen cohort of more than 90,000 adults, a high apolipoprotein B alongside a low LDL cholesterol carried a hazard ratio of 1.49 for myocardial infarction, while the reverse pattern carried no excess risk (PMID 33736827).

Is the LDL number on my report measured or calculated?

In most laboratories it is calculated from the other three values, not measured. A 2013 comparison against directly measured LDL in a very large sample found 85.4 per cent agreement for the classic Friedewald calculation and 91.7 per cent for a newer method, with the largest errors below 70 mg/dL and when triglycerides were high (PMID 24240933). Above roughly 400 mg/dL of triglycerides, the calculated line is usually not reported at all.

Do I have to fast before a lipid panel?

For routine screening, no. A joint European consensus reported that the largest average post-meal shifts are about 26 mg/dL on triglycerides and 8 mg/dL on total, LDL and non-HDL cholesterol, while HDL cholesterol, apolipoprotein A-I, apolipoprotein B and lipoprotein(a) are unaffected by fasting status (PMID 27122601). If your own doctor has asked for a fasting sample for a specific reason, follow that instruction.

How much does an oral compound change HDL cholesterol?

In the cleanest trial available, oral stanozolol at 6 mg a day for six weeks cut HDL cholesterol by 33 per cent and the HDL2 subfraction by 71 per cent in 11 weight lifters, while the same men on 200 mg of injectable testosterone a week lost 9 per cent (PMID 2915439). Field data in self administering athletes recorded a fall from 1.08 to 0.43 mmol/L (PMID 15155420).

How long do lipids take to recover after stopping?

Longer than most people expect. Six weeks after cessation, HDL cholesterol, HDL2, apolipoprotein A-I, apolipoprotein B and lipoprotein(a) had still not returned to pretreatment values, and a 14 week course recovered more slowly than an eight week one (PMID 15155420). A panel drawn two weeks after the last injection is not a recovered panel.

Should I ask for apolipoprotein B instead of LDL cholesterol?

Ask for it in addition. Apolipoprotein B counts atherogenic particles rather than the cholesterol inside them, one molecule per particle, which is why it holds up when the two measures disagree (PMID 36216435). Whether it changes anything about your care is a decision for your physician, not for a web page.

Sources and further reading

Every figure quoted on this page comes from one of the twelve papers below. Each was checked against its PubMed record while this guide was written, and the identifier is printed so anyone can pull the abstract themselves.

1
Contrasting effects of testosterone and stanozolol on serum lipoprotein levels

Verified

Thompson PD, et al. JAMA. 1989;261(8):1165-8. PMID 2915439

View on PubMed

2
Effects of androgenic-anabolic steroids on apolipoproteins and lipoprotein (a)

Verified

Hartgens F, et al. Br J Sports Med. 2004;38(3):253-9. PMID 15155420

View on PubMed

3
The effect of testosterone aromatization on high-density lipoprotein cholesterol level and postheparin lipolytic activity

Verified

Zmuda JM, et al. Metabolism. 1993;42(4):446-50. PMID 8487666

View on PubMed

4
Cardiovascular Toxicity of Illicit Anabolic-Androgenic Steroid Use

Verified

Baggish AL, et al. Circulation. 2017;135(21):1991-2002. PMID 28533317

View on PubMed

5
Comparison of a novel method vs the Friedewald equation for estimating low-density lipoprotein cholesterol levels from the standard lipid profile

Verified

Martin SS, et al. JAMA. 2013;310(19):2061-8. PMID 24240933

View on PubMed

6
Fasting is not routinely required for determination of a lipid profile: clinical and laboratory implications including flagging at desirable concentration cut-points-a joint consensus statement from the European Atherosclerosis Society and European Federation of Clinical Chemistry and Laboratory Medicine

Verified

Nordestgaard BG, et al. Eur Heart J. 2016;37(25):1944-58. PMID 27122601

View on PubMed

7
Apolipoprotein B and Non-HDL Cholesterol Better Reflect Residual Risk Than LDL Cholesterol in Statin-Treated Patients

Verified

Johannesen CDL, et al. J Am Coll Cardiol. 2021;77(11):1439-1450. PMID 33736827

View on PubMed

8
Physiological Bases for the Superiority of Apolipoprotein B Over Low-Density Lipoprotein Cholesterol and Non-High-Density Lipoprotein Cholesterol as a Marker of Cardiovascular Risk

Verified

Glavinovic T, et al. J Am Heart Assoc. 2022;11(20):e025858. PMID 36216435

View on PubMed

9
Prognostic utility of biochemical markers of cardiovascular risk: impact of biological variability

Verified

Alexander KS, et al. Clin Chem Lab Med. 2013;51(9):1875-82. PMID 23648634

View on PubMed

10
Effect of aerobic exercise training on serum levels of high-density lipoprotein cholesterol: a meta-analysis

Verified

Kodama S, et al. Arch Intern Med. 2007;167(10):999-1008. PMID 17533202

View on PubMed

11
2018 AHA/ACC Guideline on the Management of Blood Cholesterol

Verified

Grundy SM, et al. Circulation. 2019;139(25):e1082-e1143. PMID 30586774

View on PubMed

12
Effects of androgenic-anabolic steroids in athletes

Verified

Hartgens F, et al. Sports Med. 2004;34(8):513-54. PMID 15248788

View on PubMed

Keep reading

Four pages that pick up where this one stops: the compounds behind a wrecked panel, the baseline draw, how often to repeat it, and what a therapeutic dose looks like on paper.

DISCLAIMER

Final Educational Note

This article is educational and is not medical advice. It explains what a lipid panel measures, what published studies recorded about these markers in trained men and in anabolic steroid users, and where the evidence is thin or absent. It does not diagnose anything, does not set a target number for any individual, and does not tell anyone how to run a compound. More marker guides sit on the bloodwork and health hub.

An abnormal result is a clinical question for a physician who can see the whole person, the family history and the rest of the bloodwork, not a number to be argued about on a forum. Read more about how this site works on the about page and in the full disclaimer.

M
Mark Reynolds
Bloodwork and Health Editor. Reviews laboratory and clinical evidence for Muscle Science and checks every citation against PubMed before publication.