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Labcorp Holdings Inc
$222.10
After Hours:
$222.10
(0.00%)0.00
Closed: Sep 27, 4:04:50 PM GMT-4 · USD · NYSE · Disclaimer
StockUS listed securityUS headquartered
Previous close
$220.24
Day range
$219.88 - $225.49
Year range
$191.97 - $238.47
Market cap
18.65B USD
Avg Volume
484.52K
P/E ratio
42.21
Dividend yield
1.30%
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
2.31—
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, more commonly known as Labcorp, is an American healthcare company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks in the world, with a United States network of 36 primary laboratories. Before a merger with National Health Laboratory in 1995, the company operated under the name Roche BioMedical. Labcorp performs its largest volume of specialty testing at its Center for Esoteric Testing in Burlington, North Carolina, where the company is headquartered. As of 2018, Labcorp processes 2.5 million lab tests weekly. Labcorp was an early pioneer of genomic testing using polymerase chain reaction technology, at its Center for Molecular Biology and Pathology in Research Triangle Park, North Carolina, where it also performs other molecular diagnostics. It also does oncology testing, human immunodeficiency virus genotyping and phenotyping. Labcorp also operates the National Genetics Institute, Inc., in Los Angeles, California, which develops PCR testing methods. Wikipedia
Founded
1978
Employees
61,975
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