LabCorp/LH
13:30
14:25
15:15
16:10
17:00
1D1W1MYTD1YMAX
About LabCorp
Laboratory Corp. of America is one of the nation's two largest independent clinical laboratories, with roughly 20% of the independent lab market. The company operates approximately 2,000 patient-service centers, offering a broad range of 5,000 clinical lab tests, ranging from routine blood and urine screens to complex oncology and genomic testing.
Ticker
LH
Sector
Healthcare
Trading on
NYSE
Industry
Health Care Providers and Services
Headquarters
Burlington, United States
Employees
61,975
Website
www.labcorp.com
LabCorp Metrics
BasicAdvanced
$17B
Market cap
40.53
P/E ratio
$5.00
EPS
1.03
Beta
$2.88
Dividend rate
1.42%
Dividend yield
Price and volume
Market cap
$17B
Beta
1.03
Dividend rate
$2.88
Financial strength
Current ratio
0.877
Quick ratio
0.584
Long term debt to equity
48
Total debt to equity
75.828
Dividend payout ratio (TTM)
58.12%
Interest coverage (TTM)
5.63%
Management effectiveness
Return on assets (TTM)
3.75%
Return on equity (TTM)
4.37%
Valuation
Price to earnings (TTM)
40.53
Price to revenue (TTM)
1.42
Price to book
2.15
Price to tangible book (TTM)
-10.37
Price to free cash flow (TTM)
22.75
Dividend yield (TTM)
1.42%
Growth
Revenue change (TTM)
-16.72%
Earnings per share change (TTM)
-54.85%
3-year revenue growth
-7.05%
3-year earnings per share growth
-42.92%
What the Analysts think about LabCorp
Analyst Ratings
Majority rating from 18 analysts.
LabCorp Financial Performance
Income StatementBalance sheetCash Flow
Income Statement
Revenues and expenses
QuarterlyAnnual
Q1 24
QoQ growth
Revenue
$3.2B
4.72%
Net income
$228M
-236.45%
Profit margin
7.17%
-230.36%
LabCorp Earnings Performance
Earnings per share (EPS)
Company profitability
QuarterlyAnnual
Q2 23
Q3 23
Q4 23
Q1 24
Q2 24
Actual
$3.42
$3.38
$3.30
$3.68
-
Expected
$3.53
$3.33
$3.26
$3.48
$3.80
Surprise
-3.23%
1.42%
1.31%
5.69%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.
Market closedNon-fractional
Upcoming events
No upcoming events
FAQs
What’s the current market cap for LabCorp stock?
LabCorp (LH) has a market cap of $17B as of July 03, 2024.
What is the P/E ratio for LabCorp stock?
The price to earnings (P/E) ratio for LabCorp (LH) stock is 40.53 as of July 03, 2024.
Does LabCorp stock pay dividends?
Yes, the LabCorp (LH) stock pays dividends to shareholders. As of July 03, 2024, the dividend rate is $2.88 and the yield is 1.42%. LabCorp has a payout ratio of 58.12% on a trailing twelve-month basis.
When is the next LabCorp dividend payment date?
The next LabCorp (LH) dividend payment date is unconfirmed.
What is the beta indicator for LabCorp?
LabCorp (LH) has a beta rating of 1.03. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.
Buy or sell LabCorp stock
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