Companies / Health Care
LH
Labcorp
Health Care Services
Health Care ServicesAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health58
Growth46
Profitability36
Cash generation67
Balance sheet58
Dilution control83
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)6.9%Revenue growth (FY)7.2%Revenue CAGR (3y)5.6%Gross margin28.8%Operating margin9.9%Net margin6.3%Free cash flow margin8.6%R&D / revenue—Stock comp / revenue0.9%Net debt / operating cash flow3.08xCurrent ratio1.42Diluted share count change-0.7%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $13.1B | $11.9B | $12.2B | $13.0B | $14.0B |
| Gross profit | $5.0B | $3.7B | $3.4B | $3.6B | $4.0B |
| Operating income | $3.0B | $1.4B | $726M | $1.1B | $1.4B |
| Net income | $2.4B | $1.3B | $418M | $746M | $876M |
| Operating cash flow | $3.1B | $2.0B | $1.3B | $1.6B | $1.6B |
| Capital expenditure | $422M | $429M | $454M | $490M | $434M |
| Free cash flow | $2.7B | $1.5B | $874M | $1.1B | $1.2B |
| Stock-based comp | $133M | $117M | $129M | $117M | $126M |
| Buybacks | $1.7B | $1.1B | $1.0B | $250M | $450M |
| Dividends | — | $195M | $254M | $243M | $241M |
| Cash | $1.5B | $321M | $537M | $1.5B | $532M |
| Total debt | $5.4B | $5.3B | $5.1B | $6.3B | $5.6B |
| Equity | $10.3B | $10.1B | $7.9B | $8.1B | $8.6B |
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