Laboratory Corporation of America Holdings
OverviewSuggest Edit
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.
| Type | Public | |
| Founded | 1976 | |
| HQ | Burlington, US | Map |
| Website | labcorp.com |
Recent NewsAll News
- Faruqi & Faruqi, LLP is Investigating Laboratory Corporation of America Holdings (LH) on Behalf of its Shareholders
- New Study Focusing on Healthcare Contract Research Outsourcing Market by 2023: Competition Status, Emerging Trends, Growth Factors and Key Players Like IQVIA, PRA Health Sciences, Inc., ICON PLC, and Laboratory Corporation of America Holdings, PAREXEL Int
- Global Esoteric Testing Market Analysis and Forecasts Report 2018-2025 Featuring Key Players - Laboratory Corporation of America Holdings & Quest Diagnostics Incorporated
Key People/Management at Laboratory Corporation of America Holdings
David P. King
Glenn A. Eisenberg
Lance V. Berberian
Lisa J. Uthgenannt
Laboratory Corporation of America Holdings Office Locations
Laboratory Corporation of America Holdings Financials and Metrics
Laboratory Corporation of America Holdings Revenue
| USD | |
|---|---|
Market capitalization (10-Jun-2019) | 16.5b |
Closing stock price (10-Jun-2019) | 167.4 |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 5.8b | 6.0b | 8.7b | 9.6b |
Revenue growth, % | 4% | 44% | 11% | |
Cost of goods sold | 3.6b | 3.8b | 5.8b | 6.5b |
Gross profit | 2.2b | 2.2b | 2.9b | 3.2b |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 1.5b | 1.4b | 1.5b | 1.6b | 1.8b | 2.3b | 2.3b | 2.4b | 2.4b | 2.4b | 2.5b | |
Cost of goods sold | 914.6m | 913.9m | 947.8m | 980.6m | 1.2b | 1.5b | 1.6b | 1.6b | 1.7b | |||
Gross profit | 547.6m | 516.8m | 568.6m | 571.2m | 596.0m | 774.6m | 762.9m | 788.4m | 861.8m | |||
Gross profit Margin, % | 37% | 36% | 37% | 37% | 33% | 34% | 33% | 33% | 34% |
- Source: SEC Filings
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 404.0m | 580.0m | 716.4m | 433.6m |
Accounts Receivable | 784.7m | 815.7m | 1.2b | 1.3b |
Inventories | 136.5m | 139.5m | 191.0m | 205.2m |
Current Assets | 1.4b | 1.7b | 2.6b | 2.5b |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 174.1m | 338.9m | 479.5m | 575.7m | 446.4m | 619.0m | 713.0m | 567.6m | 299.9m | |||||
Current Assets | 1.2b | 1.4b | 1.6b | 1.7b | 2.3b | 2.6b | 2.7b | 2.5b | 2.5b | |||||
PP&E | 672.6m | 733.1m | 741.2m | 754.7m | 1.6b | 1.8b | 1.7b | 1.7b | 1.7b | |||||
Total Assets | 6.7b | 7.0b | 7.1b | 7.2b | 14.2b | 14.5b | 14.2b | 14.5b | 14.4b | 14.9b |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 575.4m | 438.7m | 733.2m | 512.6m |
Inventories | (15.3m) | (200.0k) | (9.6m) | (300.0k) |
Accounts Payable | 60.8m | 30.7m | (8.7m) | (21.2m) |
Cash From Operating Activities | 818.7m | 982.4m | 1.2b | 739.0m |
| USD | Q3, 2013 | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 148.7m | 141.7m | 137.5m | 1.0m | 170.3m | 359.0m | 548.6m | 192.5m | 381.4m | ||||||
Depreciation and Amortization | 223.1m | 368.9m | 128.1m | 255.1m | |||||||||||
Inventories | 9.5m | (4.8m) | 4.9m | (700.0k) | |||||||||||
Cash From Operating Activities | 309.8m | 123.0m | 727.0m | 233.8m | 544.5m | 522.0m | 819.0m |
Laboratory Corporation of America Holdings Operating Metrics
| FY, 2016 | |
|---|---|
Countries | 60 |
Patient Service Centers | 1.75 k |
Laboratory Corporation of America Holdings Revenue Breakdown
Laboratory Corporation of America Holdings revenue breakdown by business segment: 69.9% from LCD and 30.1% from CDD
Laboratory Corporation of America Holdings Online and Social Media Presence
2.45k Twitter followers
Laboratory Corporation of America Holdings has 2.45k Twitter Followers. The number of followers has increased 1.6% month over month and increased 4% quarter over quarter
Laboratory Corporation of America Holdings News and Updates
Faruqi & Faruqi, LLP is Investigating Laboratory Corporation of America Holdings (LH) on Behalf of its Shareholders
New Study Focusing on Healthcare Contract Research Outsourcing Market by 2023: Competition Status, Emerging Trends, Growth Factors and Key Players Like IQVIA, PRA Health Sciences, Inc., ICON PLC, and Laboratory Corporation of America Holdings, PAREXEL Int
Global Esoteric Testing Market Analysis and Forecasts Report 2018-2025 Featuring Key Players - Laboratory Corporation of America Holdings & Quest Diagnostics Incorporated
Laboratory Corporation of America Holdings Blogs
AMCA DATA SECURITY INCIDENT
LabCorp is a UnitedHealthcare Preferred Laboratory Network Provider
LabCorp acquired Medical Neurogenetics (MNG) Laboratories
World’s Most Admired Companies
LabCorp In Network for All Major National Plans
Mobile Check-in Now Available
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 61,000 employees.
Who are Laboratory Corporation of America Holdings competitors?
Competitors of Laboratory Corporation of America Holdings include Quest Diagnostics, Biohit and Dianon Systems.
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, Lakewood, Maumee, Berkeley and in 134 other locations.
How many offices does Laboratory Corporation of America Holdings have?
Laboratory Corporation of America Holdings has 138 offices.