Laboratory Corporation of America Holdings
NYSE:LH
ROE
Return on Equity
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
ROE Across Competitors
ROE Comparison
Laboratory Corporation of America Holdings Competitors
Country | US |
Market Cap | 16.7B USD |
ROE |
5%
|
Country | US |
Market Cap | 95.5B EUR |
ROE |
11%
|
Country | US |
Market Cap | 103.2B USD |
ROE |
11%
|
Country | US |
Market Cap | 89.2B USD |
ROE |
11%
|
Country | DE |
Market Cap | 20.5B EUR |
ROE |
4%
|
Country | DE |
Market Cap | 15B EUR |
ROE |
-3%
|
Country | US |
Market Cap | 14.1B USD |
ROE |
14%
|
Country | US |
Market Cap | 11.3B USD |
ROE |
78%
|
Country | DE |
Market Cap | 10.7B EUR |
ROE |
4%
|
Country | US |
Market Cap | 9.5B USD |
ROE |
464%
|
Country | US |
Market Cap | 9.1B USD |
ROE |
29%
|
Profitability Report
View the profitability report to see the full profitability analysis for Laboratory Corporation of America Holdings.
See Also
ROE, or Return on Equity, is a key financial ratio that measures a company's profitability. Specifically, it measures how many dollars of profit are generated for each dollar of shareholder's equity. A higher ROE indicates better financial performance and effective use of capital, making it a valuable metric for investors assessing a company's earning potential.
Based on Laboratory Corporation of America Holdings's most recent financial statements, the company has ROE of 4.7%.