Laboratory Corporation of America Holdings

Laboratory Corporation of America Holdings operates as an independent clinical laboratory company. It offers a range of clinical laboratory tests used by hospitals, physicians and other healthcare providers and commercial clients to assist in the diagnosis, monitoring and treatment of diseases and medical conditions through the examination of substances in blood, tissues, and other specimens. The Company also provides specialty testing services in the areas of women's health, allergy, diagnostic genetics, cardiovascular disease, infectious disease, endocrinology, oncology, coagulation, pharmacogenetics, toxicology, medical drug monitoring, and pain management, as well as esoteric testing, cancer diagnostics, and other complex procedures. In addition, it provides drug development solutions and laboratory testing services.

TypePublic
HQBurlington, US
Founded1976
Size (employees)60,000 (est)+16%
Websitelabcorp.com
Laboratory Corporation of America Holdings was founded in 1976 and is headquartered in Burlington, US
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Key People/Management at Laboratory Corporation of America Holdings

David P. King

David P. King

Chairman and Chief Executive Officer
Glenn A. Eisenberg

Glenn A. Eisenberg

Executive Vice President and Chief Financial Officer
Lance V. Berberian

Lance V. Berberian

Senior Vice President and Chief Information Officer
Lisa J. Uthgenannt

Lisa J. Uthgenannt

Chief Human Resources Officer
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Laboratory Corporation of America Holdings Office Locations

Laboratory Corporation of America Holdings has offices in Burlington, Amargosa Valley, Atlanta, Baltimore and in 134 other locations
Burlington, (HQ)
531 S Spring St
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Laboratory Corporation of America Holdings Financials and Metrics

Laboratory Corporation of America Holdings Revenue

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Laboratory Corporation of America Holdings's revenue was reported to be $9.64 b in FY, 2016 which is a 11.1% increase from the previous period.
USD

Net income (Q3, 2018)

319.0m

Market capitalization (12-Dec-2018)

14.2b

Closing stock price (12-Dec-2018)

140.9
Laboratory Corporation of America Holdings's current market capitalization is $14.2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

5.8b6.0b8.7b9.6b

Revenue growth, %

4%44%11%

Cost of goods sold

3.6b3.8b5.8b6.5b

Gross profit

2.2b2.2b2.9b3.2b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2018

Revenue

1.5b1.4b1.5b1.6b1.8b2.3b2.3b2.4b2.4b2.4b2.5b

Cost of goods sold

914.6m913.9m947.8m980.6m1.2b1.5b1.6b1.6b1.7b

Gross profit

547.6m516.8m568.6m571.2m596.0m774.6m762.9m788.4m861.8m

Gross profit Margin, %

37%36%37%37%33%34%33%33%34%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

404.0m580.0m716.4m433.6m

Accounts Receivable

784.7m815.7m1.2b1.3b

Inventories

136.5m139.5m191.0m205.2m

Current Assets

1.4b1.7b2.6b2.5b
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018

Cash

174.1m338.9m479.5m575.7m446.4m619.0m713.0m567.6m299.9m

Current Assets

1.2b1.4b1.6b1.7b2.3b2.6b2.7b2.5b2.5b

PP&E

672.6m733.1m741.2m754.7m1.6b1.8b1.7b1.7b1.7b

Total Assets

6.7b7.0b7.1b7.2b14.2b14.5b14.2b14.5b14.4b14.9b
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

575.4m438.7m733.2m512.6m

Inventories

(15.3m)(200.0k)(9.6m)(300.0k)

Accounts Payable

60.8m30.7m(8.7m)(21.2m)

Cash From Operating Activities

818.7m982.4m1.2b739.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018Q2, 2018Q3, 2018

Net Income

148.7m141.7m137.5m1.0m170.3m359.0m548.6m192.5m381.4m

Depreciation and Amortization

223.1m368.9m128.1m255.1m

Inventories

9.5m(4.8m)4.9m(700.0k)

Cash From Operating Activities

309.8m123.0m727.0m233.8m544.5m522.0m819.0m
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Laboratory Corporation of America Holdings Operating Metrics

FY, 2016

Countries

60

Patient Service Centers

1.75 k
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Laboratory Corporation of America Holdings Revenue Breakdown

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Laboratory Corporation of America Holdings revenue breakdown by business segment: 30.1% from CDD and 69.9% from LCD

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Laboratory Corporation of America Holdings Online and Social Media Presence

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Laboratory Corporation of America Holdings News and Updates

Global Esoteric Testing Market Analysis and Forecasts Report 2018-2025 Featuring Key Players - Laboratory Corporation of America Holdings & Quest Diagnostics Incorporated

DUBLIN, Nov. 27, 2018 /PRNewswire/ -- The "Esoteric Testing Market to 2025 - Global Analysis and Forecasts by Technology, Test Type, End User and Geography" report has been added to ResearchAndMarkets.com's offering. The market is expected to reach US$ $ 45,081.6 Mn in 2025 from US$...
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Laboratory Corporation of America Holdings Blogs

LabCorp now supports Health Records on iPhone

Headline (H2):  LabCorp now supports Health Records on iPhone Intro:  LabCorp makes it easier for patients to access test results Description:  LabCorp test results are viewable in the Apple® Health app for LabCorp patients who have a LabCorp Patient™ account and enable integration with the Healt…

Prostate Pep Talk

Headline (H2):  Prostate Cancer Awareness - Get Screened Intro:  if caught early, prostate cancer is one of the most treatable malignancies Description:  LabCorp is proud to be the exclusive laboratory partner of the Cancer Treatment Centers of America and the National Football Alumni Association…

Hurricane Florence Update

Headline (H2):  Hurricane Florence Update Intro:  LabCorp's commitment to safety Description:  At LabCorp, we are intently focused on the safety of our employees and serving our valued patients and clients – of LabCorp Diagnostics and Covance Drug Development – while providing critical business o…

LabCorp IT Security Information

Headline (H2):  LabCorp IT Security Information - Updated Intro:  Important Message Description:  LabCorp recently detected activity on its information technology network that was subsequently determined to be ransomware, which is an attempt to block or disable computer systems. CTA Text:  Lear…

Laboratory Corporation of America Holdings Company Life and Culture

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Laboratory Corporation of America Holdings Frequently Asked Questions

  • When was Laboratory Corporation of America Holdings founded?

    Laboratory Corporation of America Holdings was founded in 1976.

  • Who are Laboratory Corporation of America Holdings key executives?

    Laboratory Corporation of America Holdings's key executives are David P. King, Glenn A. Eisenberg and Lance V. Berberian.

  • How many employees does Laboratory Corporation of America Holdings have?

    Laboratory Corporation of America Holdings has 60,000 employees.

  • What is Laboratory Corporation of America Holdings revenue?

    Latest Laboratory Corporation of America Holdings annual revenue is $9.6 b.

  • What is Laboratory Corporation of America Holdings revenue per employee?

    Latest Laboratory Corporation of America Holdings revenue per employee is $160.7 k.

  • Who are Laboratory Corporation of America Holdings competitors?

    Competitors of Laboratory Corporation of America Holdings include Quest Diagnostics, Universal Biosensors and Epic Sciences.

  • Where is Laboratory Corporation of America Holdings headquarters?

    Laboratory Corporation of America Holdings headquarters is located at 531 S Spring St, Burlington.

  • Where are Laboratory Corporation of America Holdings offices?

    Laboratory Corporation of America Holdings has offices in Burlington, Amargosa Valley, Atlanta, Baltimore and in 134 other locations.

  • How many offices does Laboratory Corporation of America Holdings have?

    Laboratory Corporation of America Holdings has 138 offices.