LH
Laboratory Corporation of America Holdings
NYSE: LH · HEALTHCARE · DIAGNOSTICS & RESEARCH
$257.14
-0.94% today
Updated 2026-04-29
Market cap
$21.19B
P/E ratio
24.56
P/S ratio
1.52x
EPS (TTM)
$10.47
Dividend yield
1.11%
52W range
$237 – $292
Volume
0.6M
Laboratory Corporation of America Holdings (LH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | $4.07B | $4.51B | $4.69B | $5.00B | $5.54B | $5.67B | $5.81B | $6.01B | $8.68B | $9.64B | $10.44B | $11.33B | $11.55B | $13.98B | $13.14B | $11.86B | $12.16B | $13.01B | $13.95B |
| Revenue growth (YoY) | — | +13.3% | +10.7% | +4.2% | +6.6% | +10.8% | +2.3% | +2.4% | +3.5% | +44.4% | +11.1% | +8.3% | +8.5% | +2.0% | +21.0% | -6.0% | -9.7% | +2.5% | +7.0% | +7.2% |
| Cost of revenue | $2.06B | $2.38B | $2.63B | $2.72B | $2.91B | $3.27B | $3.42B | $3.59B | $3.81B | $5.78B | $6.46B | $6.98B | $8.16B | $8.30B | $9.03B | $8.14B | $8.15B | $8.80B | $9.38B | $10.22B |
| Gross profit | $1.53B | $1.69B | $1.87B | $1.97B | $2.10B | $2.27B | $2.25B | $2.22B | $2.20B | $2.90B | $3.18B | $3.46B | $3.18B | $3.25B | $4.95B | $4.99B | $3.71B | $3.36B | $3.62B | $3.73B |
| Gross margin | 42.6% | 41.6% | 41.6% | 42.0% | 41.9% | 41.0% | 39.7% | 38.3% | 36.6% | 33.4% | 33.0% | 33.2% | 28.0% | 28.1% | 35.4% | 38.0% | 31.3% | 27.7% | 27.9% | 26.8% |
| R&D | — | — | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | $2.00M | — | — |
| SG&A | $779.10M | $808.00M | $935.00M | $958.90M | $1.03B | $1.16B | $1.11B | $1.13B | $1.20B | $1.62B | $1.63B | $1.81B | $1.57B | $1.62B | $1.73B | $1.95B | $2.00B | $2.18B | $2.23B | $2.22B |
| Operating income | $697.10M | $777.00M | $842.90M | $935.90M | $978.80M | $948.40M | $1.02B | $990.90M | $910.40M | $1.00B | $1.31B | $1.36B | $1.33B | $1.33B | $2.45B | $3.05B | $1.44B | $725.60M | $1.09B | $1.52B |
| Operating margin | 19.4% | 19.1% | 18.7% | 19.9% | 19.6% | 17.1% | 18.0% | 17.1% | 15.1% | 11.6% | 13.6% | 13.1% | 11.7% | 11.5% | 17.5% | 23.2% | 12.1% | 6.0% | 8.4% | 10.9% |
| EBITDA | $853.10M | $990.40M | $1.04B | $1.14B | $1.19B | $1.18B | $1.26B | $1.24B | $1.18B | $1.58B | $1.81B | $1.85B | $2.06B | $2.12B | $3.25B | $3.68B | $1.95B | $1.35B | $1.81B | $2.01B |
| EBITDA margin | 23.8% | 24.3% | 23.0% | 24.3% | 23.8% | 21.3% | 22.2% | 21.3% | 19.6% | 18.2% | 18.8% | 17.7% | 18.2% | 18.3% | 23.3% | 28.0% | 16.5% | 11.1% | 13.9% | 14.4% |
| EBIT | $698.10M | $827.60M | $977.80M | $1.08B | $1.12B | $1.10B | $1.17B | $1.16B | $930.10M | $1.12B | $1.32B | $1.31B | $1.51B | $1.35B | $2.43B | $3.10B | $1.42B | $772.10M | $1.17B | $1.33B |
| Interest expense | $47.80M | $0.00 | $72.00M | $62.90M | $70.00M | $87.50M | $94.50M | $96.50M | $109.50M | $274.90M | $219.10M | $235.10M | $244.20M | $240.70M | $207.40M | $211.80M | $179.80M | $199.60M | $208.30M | $224.10M |
| Income tax | $289.30M | $325.50M | $307.90M | $329.00M | $344.00M | $333.00M | $359.40M | $340.20M | $314.10M | $294.10M | $372.30M | $-139.10M | $384.40M | $280.00M | $662.10M | $690.00M | $233.90M | $188.50M | $212.40M | $229.80M |
| Effective tax rate | 40.1% | 40.6% | 39.9% | 37.7% | 38.1% | 39.1% | 38.1% | 37.2% | 38.1% | 40.2% | 33.7% | -12.3% | 30.3% | 25.4% | 29.8% | 22.5% | 15.5% | 31.1% | 22.2% | 20.8% |
| Net income | $431.60M | $476.80M | $464.50M | $543.30M | $558.20M | $519.70M | $583.10M | $573.80M | $511.20M | $436.90M | $732.10M | $1.27B | $883.70M | $823.80M | $1.56B | $2.38B | $1.28B | $418.00M | $746.00M | $876.50M |
| Net income growth (YoY) | — | +10.5% | -2.6% | +17.0% | +2.7% | -6.9% | +12.2% | -1.6% | -10.9% | -14.5% | +67.6% | +73.2% | -30.3% | -6.8% | +88.9% | +52.8% | -46.2% | -67.3% | +78.5% | +17.5% |
| Profit margin | 12.0% | 11.7% | 10.3% | 11.6% | 11.2% | 9.4% | 10.3% | 9.9% | 8.5% | 5.0% | 7.6% | 12.1% | 7.8% | 7.1% | 11.1% | 18.1% | 10.8% | 3.4% | 5.7% | 6.3% |