Labcorp Holdings Statistics
Total Valuation
LH has a market cap or net worth of $19.00 billion. The enterprise value is $25.27 billion.
| Market Cap | 19.00B |
| Enterprise Value | 25.27B |
Important Dates
The last earnings date was Thursday, October 24, 2024, before market open.
| Earnings Date | Oct 24, 2024 |
| Ex-Dividend Date | Nov 26, 2024 |
Share Statistics
LH has 83.64 million shares outstanding. The number of shares has decreased by -4.26% in one year.
| Shares Outstanding | 83.64M |
| Shares Change (YoY) | -4.26% |
| Shares Change (QoQ) | +0.12% |
| Owned by Insiders (%) | 0.37% |
| Owned by Institutions (%) | 95.29% |
| Float | 83.24M |
Valuation Ratios
The trailing PE ratio is 44.24 and the forward PE ratio is 14.85. LH's PEG ratio is 1.77.
| PE Ratio | 44.24 |
| Forward PE | 14.85 |
| PS Ratio | 1.50 |
| Forward PS | 1.37 |
| PB Ratio | 2.33 |
| P/FCF Ratio | 22.53 |
| PEG Ratio | 1.77 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 15.10, with an EV/FCF ratio of 29.97.
| EV / Earnings | 58.04 |
| EV / Sales | 1.99 |
| EV / EBITDA | 15.10 |
| EV / EBIT | 22.45 |
| EV / FCF | 29.97 |
Financial Position
The company has a current ratio of 1.44, with a Debt / Equity ratio of 0.95.
| Current Ratio | 1.44 |
| Quick Ratio | 1.10 |
| Debt / Equity | 0.95 |
| Debt / EBITDA | 3.98 |
| Debt / FCF | 9.22 |
| Interest Coverage | 5.81 |
Financial Efficiency
Return on equity (ROE) is 5.43% and return on invested capital (ROIC) is 4.65%.
| Return on Equity (ROE) | 5.43% |
| Return on Assets (ROA) | 3.96% |
| Return on Capital (ROIC) | 4.65% |
| Revenue Per Employee | $189,743 |
| Profits Per Employee | $6,500 |
| Employee Count | 67,000 |
| Asset Turnover | 0.72 |
| Inventory Turnover | 19.41 |
Taxes
In the past 12 months, LH has paid $191.90 million in taxes.
| Income Tax | 191.90M |
| Effective Tax Rate | 30.53% |
Stock Price Statistics
The stock price has increased by +8.06% in the last 52 weeks. The beta is 1.04, so LH's price volatility has been similar to the market average.
| Beta (5Y) | 1.04 |
| 52-Week Price Change | +8.06% |
| 50-Day Moving Average | 222.54 |
| 200-Day Moving Average | 214.44 |
| Relative Strength Index (RSI) | 58.31 |
| Average Volume (20 Days) | 631,570 |
Short Selling Information
The latest short interest is 1.84 million, so 2.20% of the outstanding shares have been sold short.
| Short Interest | 1.84M |
| Short Previous Month | 1.77M |
| Short % of Shares Out | 2.20% |
| Short % of Float | 2.21% |
| Short Ratio (days to cover) | 3.83 |
Income Statement
In the last 12 months, LH had revenue of $12.71 billion and earned $435.50 million in profits. Earnings per share was $5.14.
| Revenue | 12.71B |
| Gross Profit | 3.55B |
| Operating Income | 1.13B |
| Pretax Income | 655.50M |
| Net Income | 435.50M |
| EBITDA | 1.67B |
| EBIT | 1.13B |
| Earnings Per Share (EPS) | $5.14 |
Balance Sheet
The company has $1.52 billion in cash and $7.78 billion in debt, giving a net cash position of -$6.26 billion or -$74.83 per share.
| Cash & Cash Equivalents | 1.52B |
| Total Debt | 7.78B |
| Net Cash | -6.26B |
| Net Cash Per Share | -$74.83 |
| Equity (Book Value) | 8.19B |
| Book Value Per Share | 97.61 |
| Working Capital | 1.50B |
Cash Flow
In the last 12 months, operating cash flow was $1.39 billion and capital expenditures -$545.00 million, giving a free cash flow of $843.20 million.
| Operating Cash Flow | 1.39B |
| Capital Expenditures | -545.00M |
| Free Cash Flow | 843.20M |
| FCF Per Share | $10.08 |
Margins
Gross margin is 27.92%, with operating and profit margins of 8.85% and 3.43%.
| Gross Margin | 27.92% |
| Operating Margin | 8.85% |
| Pretax Margin | 4.94% |
| Profit Margin | 3.43% |
| EBITDA Margin | 13.16% |
| EBIT Margin | 8.85% |
| FCF Margin | 6.83% |
Dividends & Yields
This stock pays an annual dividend of $2.88, which amounts to a dividend yield of 1.27%.
| Dividend Per Share | $2.88 |
| Dividend Yield | 1.27% |
| Dividend Growth (YoY) | 7.58% |
| Years of Dividend Growth | 2 |
| Payout Ratio | 56.08% |
| Buyback Yield | 4.26% |
| Shareholder Yield | 5.53% |
| Earnings Yield | 2.29% |
| FCF Yield | 4.44% |
Analyst Forecast
The average price target for LH is $256.14, which is 12.75% higher than the current price. The consensus rating is "Buy".
| Price Target | $256.14 |
| Price Target Difference | 12.75% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock Splits
The last stock split was on May 13, 2002. It was a forward split with a ratio of 2:1.
| Last Split Date | May 13, 2002 |
| Split Type | Forward |
| Split Ratio | 2:1 |
Scores
LH has an Altman Z-Score of 2.64 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 2.64 |
| Piotroski F-Score | 7 |