Laboratory Corporation of America Holdings

Laboratory Corporation of America Holdingsverified

LH

Price:

$227.84

Market Cap:

$19.06B

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 compris...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1990-03-29

Stock Exchange

NYSE

Ticker

LH

The Current Ratio as of December 2024 (TTM) for Laboratory Corporation of America Holdings (LH) is 1.44

According to Laboratory Corporation of America Holdings’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of 31.96% compared to the average of 1.09 of the last 4 quarters.

Laboratory Corporation of America Holdings (LH) Historical Current Ratio (quarterly & annually)

How has LH Current Ratio performed in the past?

The mean historical Current Ratio of Laboratory Corporation of America Holdings over the last ten years is 1.49. The current 1.44 Current Ratio has changed 9.59% with respect to the historical average. Over the past ten years (40 quarters), LH's Current Ratio was at its highest in in the June 2023 quarter at 2.35. The Current Ratio was at its lowest in in the March 2024 quarter at 0.88.

Quarterly (TTM)
Annual

Average

1.49

Median

1.51

Minimum

1.13

Maximum

1.92

Laboratory Corporation of America Holdings (LH) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Laboratory Corporation of America Holdings Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 47.82%

Maximum Annual Current Ratio = 1.92

Minimum Annual Increase = -25.36%

Minimum Annual Current Ratio = 1.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.17-22.29%
20221.50-21.57%
20211.9215.05%
20201.6647.82%
20191.13-25.36%
20181.5115.10%
20171.31-3.25%
20161.36-13.41%
20151.57-9.73%
20141.737.31%

Laboratory Corporation of America Holdings (LH) Average Current Ratio

How has LH Current Ratio performed in the past?

The current Current Ratio of Laboratory Corporation of America Holdings (LH) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.53

5-year avg

1.48

10-year avg

1.49

Laboratory Corporation of America Holdings (LH) Current Ratio vs. Peers

How is LH’s Current Ratio compared to its peers?

Laboratory Corporation of America Holdings’s Current Ratio is greater than Quest Diagnostics Incorporated (1.25), less than Waters Corporation (2.02), greater than Universal Health Services, Inc. (1.39), less than Humana Inc. (1.76), less than Hologic, Inc. (3.69),

Build a custom stock screener for Laboratory Corporation of America Holdings (LH) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Laboratory Corporation of America Holdings using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Laboratory Corporation of America Holdings (LH) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Laboratory Corporation of America Holdings or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Laboratory Corporation of America Holdings's Current Ratio?

How is the Current Ratio calculated for Laboratory Corporation of America Holdings (LH)?

What is the highest Current Ratio for Laboratory Corporation of America Holdings (LH)?

What is the 3-year average Current Ratio for Laboratory Corporation of America Holdings (LH)?

What is the 5-year average Current Ratio for Laboratory Corporation of America Holdings (LH)?

How does the current Current Ratio for Laboratory Corporation of America Holdings (LH) compare to its historical average?