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Labcorp Holdings Inc
$215.77
After Hours:
$215.60
(0.080%)-0.17
Closed: Oct 18, 4:40:33 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$215.13
Day range
$213.37 - $216.38
Year range
$191.97 - $238.47
Market cap
18.12B USD
Avg Volume
494.84K
P/E ratio
41.01
Dividend yield
1.33%
Primary exchange
NYSE
Financials
Income Statement
Revenue
Net income
(USD)Jun 2024Y/Y change
Revenue
3.22B6.17%
Operating expense
620.00M11.25%
Net income
205.30M8.68%
Net profit margin
6.372.25%
Earnings per share
3.9415.20%
EBITDA
463.30M8.30%
Effective tax rate
23.20%
Total assets
Total liabilities
(USD)Jun 2024Y/Y change
Cash and short-term investments
265.10M-86.27%
Total assets
16.71B-5.68%
Total liabilities
8.69B-2.49%
Total equity
8.02B
Shares outstanding
83.96M
Price to book
2.25
Return on assets
4.61%
Return on capital
5.45%
Net change in cash
(USD)Jun 2024Y/Y change
Net income
205.30M8.68%
Cash from operations
561.10M64.50%
Cash from investing
-185.00M27.05%
Cash from financing
-210.00M-113.59%
Net change in cash
165.80M-89.86%
Free cash flow
375.55M-39.53%
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
Employees
61,975
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