Laboratory Corporation of America Holdings
NYSE:LH
Operating Margin
Laboratory Corporation of America Holdings
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| US |
|
Laboratory Corporation of America Holdings
NYSE:LH
|
20.3B USD |
9%
|
|
| US |
C
|
Cigna Group
XMUN:CGN
|
74.9B EUR |
4%
|
|
| US |
|
Cigna Corp
NYSE:CI
|
85.3B USD |
4%
|
|
| US |
|
CVS Health Corp
NYSE:CVS
|
76.8B USD |
3%
|
|
| DE |
|
Fresenius Medical Care AG
XMUN:FME
|
30B EUR |
7%
|
|
| DE |
|
Fresenius SE & Co KGaA
XETRA:FRE
|
24.3B EUR |
8%
|
|
| US |
|
Quest Diagnostics Inc
NYSE:DGX
|
19.2B USD |
14%
|
|
| DE |
F
|
Fresenius Medical Care AG & Co KGaA
XETRA:FME
|
15B EUR |
7%
|
|
| US |
|
Hims & Hers Health Inc
NYSE:HIMS
|
12.3B USD |
6%
|
|
| US |
|
DaVita Inc
NYSE:DVA
|
10.7B USD |
15%
|
|
| US |
|
Chemed Corp
NYSE:CHE
|
8.3B USD |
17%
|
Laboratory Corporation of America Holdings
Glance View
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.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on Laboratory Corporation of America Holdings's most recent financial statements, the company has Operating Margin of 8.7%.
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