Laboratory Corporation of America Holdings

Laboratory Corporation of America Holdingsverified

LH

Price:

$216

Market Cap:

$18.14B

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 ROE as of October 2024 (TTM) for Laboratory Corporation of America Holdings (LH) is 5.67%

According to Laboratory Corporation of America Holdings’s latest financial reports and current stock price. The company's current ROE is 5.67%. This represents a change of 302.44% compared to the average of 1.41% of the last 4 quarters.

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

How has LH ROE performed in the past?

The mean historical ROE of Laboratory Corporation of America Holdings over the last ten years is 14.00%. The current 5.67% ROE has changed -59.51% with respect to the historical average. Over the past ten years (40 quarters), LH's ROE was at its highest in in the December 2017 quarter at 10.35%. The ROE was at its lowest in in the March 2020 quarter at -4.52%.

Quarterly (TTM)
Annual

Average

14.00%

Median

12.99%

Minimum

5.31%

Maximum

23.14%

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

Discovering the peaks and valleys of Laboratory Corporation of America Holdings ROE, 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 = 52.71%

Maximum Annual ROE = 23.14%

Minimum Annual Increase = -58.10%

Minimum Annual ROE = 5.31%

Quarterly (TTM)
Annual
YearROEChange
20235.31%-58.10%
202212.67%-45.26%
202123.14%39.19%
202016.63%52.71%
201910.89%-14.12%
201812.68%-31.73%
201718.57%39.64%
201613.30%52.49%
20158.72%-51.89%
201418.12%-21.63%

Laboratory Corporation of America Holdings (LH) Average ROE

How has LH ROE performed in the past?

The current ROE 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

13.71%

5-year avg

13.73%

10-year avg

14.00%

Laboratory Corporation of America Holdings (LH) ROE vs. Peers

How is LH’s ROE compared to its peers?

Laboratory Corporation of America Holdings’s ROE is less than Quest Diagnostics Incorporated (13.03%), less than Waters Corporation (50.44%), less than Universal Health Services, Inc. (14.98%), less than Humana Inc. (10.37%), less than Hologic, Inc. (14.41%),

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