Laboratory Corporation of America Holdings
NYSE:LH

Watchlist Manager
Laboratory Corporation of America Holdings Logo
Laboratory Corporation of America Holdings
NYSE:LH
Watchlist
Price: 261.48 USD -1.61% Market Closed
Market Cap: 21.7B USD

Laboratory Corporation of America Holdings
Investor Relations

Laboratory Corporation of America Holdings, commonly known as LabCorp, stands as a formidable player in the world of healthcare diagnostics. Emerging from a confluence of scientific innovation and business acumen, LabCorp has carved a niche within the intricate fabric of healthcare services. Since its inception, the company has excelled in offering a comprehensive suite of laboratory-based tests and services, empowering physicians and healthcare providers with critical insights needed for effective patient diagnosis and management. With its headquarters in Burlington, North Carolina, LabCorp operates a vast network of laboratories and patient service centers across the nation, providing services that range from routine blood work to sophisticated genomic testing.

The essence of LabCorp’s business model lies in seamless integration across the healthcare continuum, driving both operational efficiency and profitability. Fundamentally, the company generates revenue by performing diagnostic tests on patient specimens, serving hospitals, managed care organizations, physician offices, and governmental agencies. As healthcare systems evolve towards precision medicine, LabCorp has harnessed emerging technologies and innovations like genomic testing to enhance its service offerings. This expansion not only aligns with changing healthcare paradigms but also fortifies its market leadership. By continually investing in research and development, LabCorp keeps its services at the cutting edge, ensuring steady growth and resilience in an ever-changing healthcare landscape.

Show more
Loading
No Stocks Selected

Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.

Select Stock to Compare
Last Earnings Call
Fiscal Period
Q3 2025
Call Date
Oct 28, 2025
AI Summary
Q3 2025

Strong Revenue Growth: Labcorp reported Q3 revenue of $3.6 billion, up 8.6% from last year, driven by 6.2% organic growth, 1.7% acquisitions, and 0.7% currency impact.

Margin Expansion: Enterprise margin improved by 100 basis points, with Diagnostics margin up 110 basis points and BLS margin up 20 basis points.

Double-Digit EPS Growth: Adjusted EPS reached $4.18, an increase of 19% year-over-year.

Raised EPS Guidance: Full-year adjusted EPS guidance was narrowed and the midpoint raised by $0.05, now at $16.15 to $16.50.

Strong Cash Flow: Free cash flow grew to $281 million this quarter, up by $119 million versus last year, and FY25 free cash flow guidance was raised.

Portfolio Streamlining: Labcorp is consolidating sites and divesting about $50 million in annual Early Development revenue, expected to slightly improve operating income.

Strategic M&A Progress: Multiple lab asset acquisitions were completed or agreed upon, with more in the pipeline and integration progressing as planned.

AI and Specialty Testing: Investments in AI, digital pathology, and specialty areas like oncology and neurology are supporting innovation and efficiency.

Key Financials
Revenue
$3.6B
Diagnostics Revenue
$2.8B
BLS (Biopharma Laboratory Services) Revenue
$799M
Adjusted Operating Income
$513M
Adjusted Operating Margin
14.4%
Adjusted EPS
$4.18
Free Cash Flow
$281M
Diagnostics Adjusted Operating Income
$460M
Diagnostics Adjusted Operating Margin
16.3%
Total Volume (Diagnostics)
up 4.7%
Organic Volume (Diagnostics)
up 3.5%
Price/Mix (Diagnostics)
up 3.7%
BLS Adjusted Operating Income
$132M
BLS Adjusted Operating Margin
16.5%
Book-to-Bill (Quarterly, BLS)
0.89
Book-to-Bill (Trailing 12 Months, BLS)
1.09
Backlog (BLS)
$8.6B
Capital Expenditures
3.5% of revenue (expected full-year 2025)
Cash Balance
$598M
Total Debt
$5.6B
Debt Leverage Ratio
2.4x
Earnings Call Recording
Other Earnings Calls

Management

Mr. Adam H. Schechter
President, CEO & Chairman
No Bio Available
Mr. Glenn A. Eisenberg
CFO & Executive VP
No Bio Available
Mr. Mark S. Schroeder
Executive VP, President of Diagnostics Laboratories & COO
No Bio Available
Ms. Anita Z. Graham
Executive VP & Chief Human Resources Officer
No Bio Available
Mr. Peter J. Wilkinson
Senior VP & Chief Accounting Officer
No Bio Available
Akinbolade Oyegunwa
Executive VP and Chief Information & Technology Officer
No Bio Available
Christin O'Donnell
Vice President of Investor Relations
No Bio Available
Ms. Amy B. Summy
Executive VP & Chief Marketing Officer
No Bio Available
Dr. Marcia T. Eisenberg Ph.D.
Enterprise Chief Scientific Officer & Senior VP
No Bio Available
Dr. Deborah Ann Sesok-Pizzini
Chief Medical Officer, SVP of Labcorp Diagnostics & Discipline Director of Immunohematology
No Bio Available

Contacts

Address
NORTH CAROLINA
Burlington
358 S Main St
Contacts
+13362291127.0
www.labcorp.com