Price (delayed)
$223.91
Market cap
$18.8B
P/E Ratio
41.39
Dividend/share
$1.44
EPS
$5.41
Enterprise value
$24.51B
Laboratory Corporation of America Holdings, more commonly known as LabCorp, is an American S&P 500 company headquartered in Burlington, North Carolina. It operates one of the largest clinical laboratory networks
Highlights
LH's revenue is up by 5% year-on-year
The debt has declined by 3.8% year-on-year
The quick ratio has plunged by 66% YoY but it has grown by 7% from the previous quarter
LH's net income is down by 46% YoY but it is up by 3.8% from the previous quarter
The price to earnings (P/E) is 83% higher than the 5-year quarterly average of 22.6 and 8% higher than the last 4 quarters average of 38.5
The company's equity fell by 9% YoY
Key stats
What are the main financial stats of LH
Market
Valuations
Earnings
Shares outstanding
83.96M
Market cap
$18.8B
Enterprise value
$24.51B
Price to earnings (P/E)
41.39
Price to book (P/B)
2.36
Price to sales (P/S)
1.51
EV/EBIT
28.87
EV/EBITDA
15.09
EV/Sales
1.96
Revenue
$12.49B
EBIT
$849.1M
EBITDA
$1.62B
Free cash flow
$852.3M
Per share
Balance sheet
Liquidity
EPS
$5.41
Free cash flow per share
$10.11
Book value per share
$94.98
Revenue per share
$148.14
TBVPS
$84.94
Total assets
$16.71B
Total liabilities
$8.69B
Debt
$5.98B
Equity
$8.01B
Working capital
-$493.4M
Debt to equity
0.75
Current ratio
0.88
Quick ratio
0.62
Net debt/EBITDA
3.52
Margins
Efficiency
Dividend
EBITDA margin
13%
Gross margin
28%
Net margin
3.6%
Operating margin
6%
Return on assets
2.7%
Return on equity
5.7%
Return on invested capital
9.2%
Return on capital employed
6.7%
Return on sales
6.8%
Dividend yield
0.64%
DPS
$1.44
Payout ratio
26.6%
LH stock price
How has the Laboratory Corp Of America Holdings stock price performed over time
Intraday
-1.51%
1 week
-2.6%
1 month
-0.87%
1 year
9.44%
YTD
-1.49%
QTD
10.02%
Financial performance
How have Laboratory Corp Of America Holdings's revenue and profit performed over time
Revenue
$12.49B
Gross profit
$3.5B
Operating income
$745.6M
Net income
$449.5M
Gross margin
28%
Net margin
3.6%
The net margin has declined by 49% year-on-year but it has increased by 2.9% since the previous quarter
LH's net income is down by 46% YoY but it is up by 3.8% from the previous quarter
The operating margin has contracted by 29% YoY but it has grown by 3.4% from the previous quarter
Laboratory Corp Of America Holdings's operating income has decreased by 25% YoY but it has increased by 4% QoQ
Growth
What is Laboratory Corp Of America Holdings's growth rate over time
Valuation
What is Laboratory Corp Of America Holdings stock price valuation
P/E
41.39
P/B
2.36
P/S
1.51
EV/EBIT
28.87
EV/EBITDA
15.09
EV/Sales
1.96
The price to earnings (P/E) is 83% higher than the 5-year quarterly average of 22.6 and 8% higher than the last 4 quarters average of 38.5
Laboratory Corp Of America Holdings's EPS has decreased by 43% YoY but it has increased by 6% QoQ
The company's equity fell by 9% YoY
The P/B is 2.6% higher than the 5-year quarterly average of 2.3 and 2.6% higher than the last 4 quarters average of 2.3
LH's price to sales (P/S) is 6% lower than its 5-year quarterly average of 1.6
LH's revenue is up by 5% year-on-year
Efficiency
How efficient is Laboratory Corp Of America Holdings business performance
LH's ROA is down by 37% YoY but it is up by 3.8% QoQ
LH's ROE is down by 33% YoY but it is up by 8% QoQ
Laboratory Corp Of America Holdings's return on sales has decreased by 30% YoY
The company's return on invested capital rose by 8% QoQ but it fell by 7% YoY
Dividends
What is LH's dividend history
DPS
$1.44
Dividend yield
0.64%
Payout ratio
26.6%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Laboratory Corp Of America Holdings financials performed over time
LH's total assets is 92% greater than its total liabilities
The quick ratio has plunged by 66% YoY but it has grown by 7% from the previous quarter
Laboratory Corp Of America Holdings's current ratio has plunged by 63% YoY
The debt is 25% smaller than the equity
The company's equity fell by 9% YoY
LH's debt to equity is up by 6% year-on-year
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.