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Company Overview
LABCORP HOLDINGS INC.
Health CareHealth Care ServicesLabcorp Holdings Inc., operating under the brand name Labcorp, 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; alt...
Labcorp Holdings Inc., operating under the brand name Labcorp, 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 Biopharma Laboratory Services segment provides drug development, medical device and diagnostic development services to pharmaceutical, biotechnology, medical device, and diagnostic companies. In 2023, this division provided support to 84% of the new drugs and therapeutic products approved by the Food and Drug Administration.
Exchange: NYSE
Company Statistics
Profile
Market Cap$26.55B
EV$32.26B
Shares Out82.0M
Revenue$14.35B
Margins
Gross28.9%
Operating10.4%
Pre-Tax8.6%
Net7%
FCF8.1%
Returns (5Yr Avg)
ROA5.9%
ROE12.2%
ROCE9.4%
ROIC8.7%
Valuation (TTM)
P/E26.5
P/B3.1
EV/Sales2.2
P/FCF23.0
EV/Gross Profit7.8
Financial Health
Cash$141.80M
Net Debt$5.72B
Debt/Equity0.7
EBIT/Interest6.6
Growth (CAGR)
Rev 3Yr5.6%
Rev 5Yr-0%
Rev 10Yr4.9%
Dil EPS 3Yr-9.2%
Dil EPS 5Yr-8%
Dil EPS 10Yr9.2%
FCF 5Yr-7.2%
Shares 5Yr-3.1%
Dividends
Yield0.9%
Payout23.6%
DPS$2.88
DPS Growth 3Yr-6.9%
DPS Growth 5Yr8.2%
DPS Growth 10Yr8.2%
Price History
No price history available
Financial Performance
Display:
Data reported in USD
Assets vs Liabilities
Data reported in USD
Free Cash Flow
Data reported in USD