Labcorp Holdings Inc. financial data

Symbol
LH on NYSE
Industry
Services-Medical Laboratories
Location
358 S Main St, Burlington, North Carolina
Fiscal year end
December 31
Former names
LABORATORY CORP OF AMERICA HOLDINGS (to 5/16/2024), NATIONAL HEALTH LABORATORIES HOLDINGS INC (to 2/13/1995)
Latest financial report
Q1 2024 - Apr 30, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 133 % -20.9%
Quick Ratio 15.5 % -7.08%
Debt-to-equity 109 % +12.3%
Return On Equity 5.33 % -45.4%
Return On Assets 2.55 % -48.5%
Operating Margin 5.83 % -40.5%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 84.3 M shares -4.75%
Common Stock, Shares, Outstanding 84.3 M shares -4.85%
Entity Public Float 17.3 B USD -14.4%
Common Stock, Value, Issued 7.7 M USD -4.94%
Weighted Average Number of Shares Outstanding, Basic 84.1 M shares -4.86%
Weighted Average Number of Shares Outstanding, Diluted 84.7 M shares -4.83%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 12.3 B USD +11.8%
Cost of Revenue 8.89 B USD +15.8%
Operating Income (Loss) 717 M USD -33.5%
Income Tax Expense (Benefit) 194 M USD +29.3%
Net Income (Loss) Attributable to Parent 433 M USD -56.7%
Earnings Per Share, Basic 5.1 USD/shares -54.4%
Earnings Per Share, Diluted 5.07 USD/shares -54.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 99.3 M USD -74.8%
Accounts Receivable, after Allowance for Credit Loss, Current 2.08 B USD -11.1%
Inventory, Net 475 M USD -1.33%
Assets, Current 3.46 B USD -26.4%
Deferred Income Tax Assets, Net 0 USD -100%
Property, Plant and Equipment, Net 2.9 B USD -1.57%
Operating Lease, Right-of-Use Asset 737 M USD -0.14%
Intangible Assets, Net (Excluding Goodwill) 3.39 B USD -13.2%
Goodwill 6.22 B USD -23.4%
Other Assets, Noncurrent 546 M USD +18.9%
Assets 16.5 B USD -18.2%
Accounts Payable, Current 696 M USD -21%
Employee-related Liabilities, Current 431 M USD -2.97%
Accrued Liabilities, Current 649 M USD -30.1%
Liabilities, Current 3.94 B USD +36.6%
Operating Lease, Liability, Noncurrent 625 M USD -6.54%
Other Liabilities, Noncurrent 468 M USD +13.2%
Liabilities 8.56 B USD -13%
Accumulated Other Comprehensive Income (Loss), Net of Tax -185 M USD +58.3%
Retained Earnings (Accumulated Deficit) 8.06 B USD -24.9%
Stockholders' Equity Attributable to Parent 7.96 B USD -23%
Liabilities and Equity 16.5 B USD -18.2%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -29.8 M USD -125%
Net Cash Provided by (Used in) Financing Activities -11.7 M USD +80.7%
Net Cash Provided by (Used in) Investing Activities -393 M USD -294%
Common Stock, Shares Authorized 265 M shares 0%
Common Stock, Shares, Issued 83.9 M shares -4.88%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -438 M USD -1112%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 1.93 B USD +97.3%
Deferred Tax Assets, Valuation Allowance 150 M USD -0.73%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 795 M USD +15.8%
Operating Lease, Liability 815 M USD -0.25%
Depreciation 358 M USD +4.05%
Payments to Acquire Property, Plant, and Equipment 134 M USD +71.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 454 M USD -44.7%
Lessee, Operating Lease, Liability, to be Paid 962 M USD -6.08%
Property, Plant and Equipment, Gross 5.82 B USD +8.15%
Operating Lease, Liability, Current 171 M USD -5.46%
Lessee, Operating Lease, Liability, to be Paid, Year One 200 M USD -6.06%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +27.8%
Deferred Income Tax Expense (Benefit) -19.5 M USD -172%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 148 M USD -7.4%
Deferred Tax Assets, Operating Loss Carryforwards 247 M USD +2.07%
Deferred Federal Income Tax Expense (Benefit) -63.1 M USD -499%
Current Income Tax Expense (Benefit) 267 M USD +26.8%
Preferred Stock, Shares Authorized 30 M shares 0%
Unrecognized Tax Benefits 29.9 M USD -20.3%
Operating Lease, Payments 210 M USD +4.75%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 38.9 M USD +53.2%
Current Federal Tax Expense (Benefit) 183 M USD +21.4%
Amortization of Intangible Assets 227 M USD +25.9%
Depreciation, Depletion and Amortization 155 M USD +8.73%
Deferred Tax Assets, Net of Valuation Allowance 645 M USD +20.5%
Deferred State and Local Income Tax Expense (Benefit) -31.6 M USD -5367%
Interest Expense 196 M USD +3.98%
Preferred Stock, Par or Stated Value Per Share 0.1 USD/shares 0%