Laboratory Corporation of America Holdings
LH

$19.12 B
Marketcap
$228.61
Share price
Country
$1.64
Change (1 day)
$247.99
Year High
$191.97
Year Low

Laboratory Corporation of America Holdings operates as a global life sciences company that provides vital information to help doctors, hospitals, pharmaceutical companies, researchers, and patients make clear and confident decisions. It operates in two segments, Labcorp Diagnostics (Dx) and Labcorp Drug Development (DD). It offers various tests, such as blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin A1C and vitamin D, prostate-specific antigens, tests for sexually transmitted diseases, hepatitis C tests, microbiology cultures and procedures, and alcohol and other substance-abuse tests. The company also provides specialty testing services comprising gene-based and esoteric testing; advanced tests target specific diseases, including anatomic pathology/oncology, cardiovascular disease, coagulation, diagnostic genetics, endocrinology, infectious disease, women's health, pharmacogenetics, and parentage and donor testing; and occupational testing services, medical drug monitoring services, chronic disease programs, and kidney stone prevention tests. It provides online and mobile applications to enable patients to check test results; and online applications for managed care organizations and accountable care organizations. It offers end-to-end drug development, medical device, and companion diagnostic development solutions from early-stage research to clinical development and commercial market access. It serves managed care organizations, pharmaceutical, biotechnology, medical device and diagnostics companies, governmental agencies, physicians and other healthcare providers, hospitals and health systems, employers, patients and consumers, contract research organizations, and independent clinical laboratories. Laboratory Corporation of America Holdings has a collaboration agreement with Tigerlily Foundation to increase clinical trial diversity for women of color. The company was incorporated in 1994 and is headquartered in Burlington, North Carolina.

marketcap

P/E ratio for Laboratory Corporation of America Holdings (LH)

P/E ratio as of 2023: 47.36

According to Laboratory Corporation of America Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.36. At the end of 2022 the company had a P/E ratio of 14.41.

P/E ratio history for Laboratory Corporation of America Holdings from 1988 to 2023

PE ratio at the end of each year

Year P/E ratio
2023 47.36
2022 14.41
2021 10.98
2020 10.93
2019 17.27
2018 12.46
2017 11.06
2016 15.44
2015 24.02
2014 15.38
2013 11.72
2012 11.93
2011 13.90
2010 13.86
2009 12.91
2008 13.31
2007 15.90
2006 18.14
2005 16.01
2004 16.46
2003 14.23
2002 11.21
2001 26.92
2000 17.69
1999 6.49
1998 2.16
1997 -1.73
1996 -1.97
1995 -73.20
1994 31.62
1993 9.71
1992 35.71
1991 23.93
1990 11.38
1989 16.52
1988 0.00