Equities

Laboratory Corporation of America Holdings

Laboratory Corporation of America Holdings

Actions
Health CareMedical Equipment and Services
  • Price (USD)201.32
  • Today's Change-0.05 / -0.02%
  • Shares traded765.35k
  • 1 Year change+2.04%
  • Beta1.0237
Data delayed at least 15 minutes, as of May 02 2024 00:00 BST.
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About the company

Laboratory Corporation of America Holdings provides comprehensive laboratory services that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. By leveraging its unparalleled diagnostics and drug development capabilities, the Company provides insights and accelerates innovations to improve health and improve lives. The Company operates through two segments: Diagnostics Laboratories (Dx) and Biopharma Laboratory Services (BLS). The Diagnostics Laboratories segment includes routine testing and specialty/esoteric testing. Dx operates through a network of patient service centers, branches, rapid response laboratories, primary laboratories, and specialty laboratories. The Biopharma Laboratory Services segment consists of early development research laboratories and central laboratory services. The Company serves clients in more than 100 countries.

  • Revenue in USD (TTM)12.30bn
  • Net income in USD399.20m
  • Incorporated1994
  • Employees67.00k
  • Location
    Laboratory Corporation of America Holdings358 S MAIN STBURLINGTON 27215-5837United StatesUSA
  • Phone+1 (336) 229-1127
  • Fax+1 (302) 636-5454
  • Websitehttps://www.labcorp.com
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
LH:NYQ since
announced
Transaction
value
Baystate Health Inc-Outreach Laboratory businessAnnounced04 Oct 202304 Oct 2023Announced0.42%--
Tufts Medicine-Outreach Laboratory BusinessDeal completed03 Aug 202303 Aug 2023Deal completed-6.34%--
Legacy Health System-Outreach Laboratory Select AssetsDeal completed11 Jul 202311 Jul 2023Deal completed-4.35%--
Providence Medical Group,Portland,Oregon-Outreach Laboratory businessDeal completed16 May 202316 May 2023Deal completed-9.68%--
Jefferson Health LLC-Outreach Laboratory businessAnnounced03 May 202303 May 2023Announced-10.90%--
Data delayed at least 15 minutes, as of May 02 2024 00:00 BST.

Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Chemed Corp2.29bn283.41m8.60bn15.09k30.587.2424.903.7518.5818.58150.3378.461.45138.4813.85152,017.8017.9419.5321.8624.6435.4734.6012.3612.601.88--0.01148.156.064.909.175.801.466.10
Tenet Healthcare Corp20.90bn2.62bn11.14bn78.14k4.343.232.650.53325.8725.87201.9134.810.74669.046.70267,391.0011.973.6117.385.0982.6482.9716.034.951.374.390.62670.007.172.3349.0241.424.01--
Solventum Corp8.20bn1.35bn11.23bn22.01k8.330.96245.891.377.807.8047.5367.55------372,472.40--------57.25--16.42--0.9618--0.00--0.8241--0.2234------
Universal Health Services, Inc.14.66bn816.29m11.36bn73.35k14.451.838.170.775111.7911.79211.2993.131.06--6.77199,837.005.966.446.987.63----5.616.551.286.160.43526.066.595.806.32-1.471.1714.87
Davita Inc12.14bn691.54m12.19bn70.00k18.7611.697.161.007.417.41130.2911.890.717965.975.89173,430.705.665.627.557.4531.4730.707.888.331.134.770.7536--4.571.2626.442.33-10.47--
Quest Diagnostics Inc9.29bn842.00m15.35bn40.00k18.592.3811.651.657.437.4382.0057.950.694433.577.21232,175.006.519.287.6110.8132.9536.649.3712.970.89088.400.418425.07-6.384.20-9.773.401.277.43
Laboratory Corporation of Amerc Holdings12.30bn399.20m16.94bn67.00k44.092.1317.531.384.574.95142.4594.420.669818.594.68183,588.102.186.272.687.3727.7432.333.259.510.75646.370.3934--2.511.42-62.16-16.403.62--
Molina Healthcare Inc35.85bn1.07bn20.05bn18.00k18.564.4916.130.559118.4318.43617.1176.152.48--12.181,991,889.007.427.6216.7916.8015.7415.992.993.04--14.690.34650.006.5612.5237.759.0622.87--
Data as of May 02 2024. Currency figures normalised to Laboratory Corporation of America Holdings's reporting currency: US Dollar USD

Institutional shareholders

36.15%Per cent of shares held by top holders
HolderShares% Held
The Vanguard Group, Inc.as of 31 Dec 20239.38m11.16%
BlackRock Fund Advisorsas of 31 Dec 20234.61m5.48%
SSgA Funds Management, Inc.as of 31 Dec 20233.77m4.48%
Wellington Management Co. LLPas of 31 Dec 20232.25m2.67%
BlackRock Advisors LLCas of 31 Dec 20232.24m2.66%
Geode Capital Management LLCas of 31 Dec 20231.87m2.22%
Lazard Asset Management LLCas of 31 Dec 20231.82m2.17%
Allspring Global Investments LLCas of 31 Mar 20241.59m1.89%
Dimensional Fund Advisors LPas of 31 Dec 20231.45m1.72%
Diamond Hill Capital Management, Inc.as of 31 Dec 20231.42m1.69%
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Data from 31 Dec 2023 - 31 Mar 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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