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Labcorp Holdings Inc
Previous close
$240.17
Day range
$238.82 - $240.97
Year range
$191.97 - $247.99
Market cap
20.05B USD
Avg Volume
702.29K
P/E ratio
46.45
Dividend yield
1.20%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 3.28B | 7.37% |
Operating expense | 632.30M | 8.79% |
Net income | 169.30M | -7.64% |
Net profit margin | 5.16 | -14.00% |
Earnings per share | 3.50 | 3.55% |
EBITDA | 433.60M | 4.26% |
Effective tax rate | 19.47% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 1.52B | 108.45% |
Total assets | 18.61B | 10.22% |
Total liabilities | 10.43B | 15.94% |
Total equity | 8.19B | — |
Shares outstanding | 83.64M | — |
Price to book | 2.46 | — |
Return on assets | 3.85% | — |
Return on capital | 4.53% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 169.30M | -7.64% |
Cash from operations | 277.30M | -27.96% |
Cash from investing | -579.10M | -18.77% |
Cash from financing | 1.55B | 241.11% |
Net change in cash | 1.25B | 204.12% |
Free cash flow | 62.96M | -61.33% |
About
Laboratory Corporation of America Holdings, headquartered in Burlington, North Carolina, provides laboratory services used for diagnosis and healthcare decisions. It operates one of the largest clinical laboratory networks in the world and has operations in over 100 countries; although its operations are primarily in the U.S.
Its Diagnostics Laboratories segment operates 2,000 patient service centers with more than 6,000 in-office phlebotomists in the United States. In addition to healthcare testing such as oncology testing, human immunodeficiency virus genotyping and phenotyping, it provides testing for: employment, DNA testing to determine parentage and to determine immigration eligibility, environmental issues, wellness, toxicology, pain management, and medical drug monitoring. It also provides 50 tests that patients can complete at home. It processes over 160 million tests per year. Approximately 10% of the division's revenue are from Medicare.
Its Biopharma Laboratory Services segment provides drug development, medical device and diagnostic development services to pharmaceutical, biotechnology, medical device, and diagnostic companies. Wikipedia
Founded
1978
Headquarters
Website
Employees
61,975