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Laboratory Corporation of Amerc Holdings
Previous close
$199.97
Day range
$198.06 - $200.21
Year range
$179.58 - $234.09
Market cap
16.78B USD
Avg Volume
723.07K
P/E ratio
46.08
Dividend yield
1.44%
Primary exchange
NYSE
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Revenue | 3.03B | 3.54% |
Operating expense | 603.00M | 20.58% |
Net income | -167.10M | -319.58% |
Net profit margin | -5.51 | -311.92% |
Earnings per share | 3.30 | -20.29% |
EBITDA | 293.30M | -18.69% |
Effective tax rate | -13.39% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Cash and short-term investments | 536.80M | 67.44% |
Total assets | 16.73B | -17.02% |
Total liabilities | 8.83B | -12.00% |
Total equity | 7.89B | — |
Shares outstanding | 84.10M | — |
Price to book | 2.13 | — |
Return on assets | 3.25% | — |
Return on capital | 3.88% | — |
Cash Flow
Net change in cash
(USD) | Dec 2023info | Y/Y change |
---|---|---|
Net income | -167.10M | -319.58% |
Cash from operations | 579.60M | -10.72% |
Cash from investing | -330.60M | -20.97% |
Cash from financing | -446.50M | -19.83% |
Net change in cash | -191.10M | -1,317.20% |
Free cash flow | 429.10M | 193.58% |
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
Headquarters
Website
Employees
61,975