Company Information

  

Address: 358 S MAIN ST  
City: BURLINGTON 
State: NC 
Zip Code: 27215 
Telephone: 336-229-1127 

Description of Business

Primary SIC Code: 8071
(As filed with the SEC)  

Laboratory Corporation of America┬« Holdings (LabCorp┬« or the Company) is a leading global life sciences company that is deeply integrated in guiding patient care. Through its two business segments, LabCorp Diagnostics (LCD) and Covance Drug Development (CDD), the Company provides comprehensive clinical laboratory and end-to-end drug development services. Employing nearly 60,000 people worldwide, the Company's mission is to improve health and improve lives by delivering world-class diagnostic solutions, bringing innovative medicines to patients faster, and using technology to improve the delivery of care. The Company provides diagnostic, drug development and technology-enabled solutions for more than 115 million patient encounters per year. Typically processing tests on more than 2.5 million patient specimens per week, the Company believes that it generated more revenue from laboratory testing than any other Company in the world in 2017.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio
03/201812.13NA13.33
12/201712.21NA13.06
09/20177.17NA21.06
06/20177.14NA21.59
03/20177.28NA19.71
12/20167.02NA18.29
09/20166.30NA21.82
06/20166.04NA21.57

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity1.35Total Liab/Total Assets0.59
Net Inc/Total Assets0.08Total Liab/Inv Cap0.69
Net Inc/Inv Cap0.09Total Liab/Comm Equity10.34
Pretax Inc/Net Sales0.11Interest Coverage Ratio5.83
Net Inc/Net Sales0.12Curr Debt/Equity0.06
Cash Flow/Net Sales0.14LTD/Equity0.93
SG&A/NetSales0.17Total Debt/Equity0.99
Asset Utilization   Liquidity  
Net Receivables Turnover6.45Quick Ratio1.20
Inventory Turnover32.24Current Ratio1.31
Inventory Day Sales0.08Net Rec/Curr Assets0.64
Net Sales/Work Cap16.40Inv/Curr Assets0.08
Net Sales/PP&E5.97  

Income Statement (Millions)

  3/31/2018 12/31/2017 9/30/2017 6/30/2017
Total Revenues(Net Sales) 2,848.30 2,796.30 2,655.20 2,576.20
Cost of Goods Sold 2,069.30 1,880.50 1,772.40 1,623.30
Selling & Admin Exps 397.00 492.40 465.30 511.80
Operating Income 305.40 354.20 341.30 350.60
Interest Exp 63.50 67.80 59.90 55.00
Pretax Income 241.50 289.00 281.10 299.50
Other Income -2.90 1.30 -3.50 -0.60
Net Income Bef Extraordinary ... NA NA NA NA
Net Income 173.20 706.80 180.60 197.80

Balance Sheet (Millions)

Assets 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Cash & Short Term Investments 361.80 316.70 409.30 299.90
Receivables - Total 1,961.60 1,716.90 1,823.90 1,626.60
Inventories - Total 226.20 227.60 217.20 209.90
Total Current Assets 2,896.60 2,682.60 2,900.60 2,515.70
Net Property, Plant & Equipment 1,749.90 1,748.90 1,736.20 1,717.90
Total Assets 16,831.70 16,568.00 16,691.80 14,902.50
Liabilities        
Accounts Payable 1,268.20 1,295.90 1,205.50 1,108.70
Debt in Current Liabilities 417.70 417.50 18.10 519.60
Total Current Liabilities 2,104.00 2,046.10 1,537.20 1,805.50
Long-Term Debt 6,359.30 6,344.60 7,200.30 5,608.30
Total Liabilities 9,847.70 9,738.00 10,565.90 9,024.40
Stockholder's Equity        
Minority Interest 20.20 20.80 26.90 15.90
Preferred Stock NA NA NA NA
Common Stock 12.00 12.00 12.00 12.00
Retained Earnings 6,369.30 6,224.00 5,517.20 5,336.60
Treasury Stock -1,085.10 -1,060.10 -1,059.20 -1,058.90
Total Stockholders' Equity 6,984.00 6,830.00 6,125.90 5,878.10
Total Liabilities and Stockholders' Equity 16,831.70 16,568.00 16,691.80 14,902.50

Cash Flow Summary (Millions)

Categories 3/31/2018 12/31/2017 9/30/2017 6/30/2017
Net Cash Provided by Operating Activities 154.70 564.00 350.90 318.60
Net Cash Provided by Investing Activities -74.30 -178.30 -1,313.50 -491.40
Net Cash Provided by Financing Activities -40.00 -479.40 1,064.40 98.80

Annual Summary Data (Millions)

Year Sales Net Income EPS
12/20135,808.30573.806.25
12/20146,011.60511.205.91
12/20158,680.10437.604.34
12/20169,641.80732.107.02
12/201710,441.401,268.2012.21
Growth Rates15.7921.9318.22

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own
Institutional06/30/1882894,85992.73




Report Date : 7/16/2018

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