Labcorp Holdings Inc.
New York Stock ExchangeTotal Valuation
Labcorp Holdings Inc. carries a market capitalization of 21.23B, placing it among publicly traded companies globally. Its enterprise value stands at 28.37B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 21.23B |
| Enterprise Value | 28.37B |
Share Statistics
Labcorp Holdings Inc. currently has 82.30M shares outstanding.
| Shares Outstanding | 82.30M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
Labcorp Holdings Inc. trades at a trailing price-to-earnings ratio of 23.47. The price-to-sales ratio is 1.56, and the price-to-book ratio stands at 2.51.
| PE Ratio | 23.47 |
| PS Ratio | 1.56 |
| PB Ratio | 2.51 |
| P/TBV Ratio | -11.97 |
| P/FCF Ratio | 12.27 |
| P/OCF Ratio | 12.19 |
Enterprise Valuation
On an enterprise value basis, Labcorp Holdings Inc. trades at an EV/EBITDA multiple of 12.56 and an EV/FCF ratio of 14.21. The EV/Sales ratio of 2.01 reflects the premium investors are willing to pay for the company's revenue stream, while the EV/EBIT multiple of 18.06 provides insight into valuation relative to core operating earnings.
| EV / Sales | 2.01 |
| EV / EBITDA | 12.56 |
| EV / EBIT | 18.06 |
| EV / FCF | 14.21 |
Financial Position
Labcorp Holdings Inc. maintains a current ratio of 1.73, meaning it holds 1.7x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 82.79, indicating elevated leverage, while an interest coverage ratio of 10.12 demonstrates strong ability to service its debt obligations.
| Current Ratio | 1.73 |
| Quick Ratio | 1.30 |
| Debt / Equity | 82.79 |
| Debt / EBITDA | 3.21 |
| Interest Coverage | 10.12 |
Financial Efficiency
Labcorp Holdings Inc. posts a return on equity of 10.91 and a return on invested capital of 8.36.
| Return on Equity (ROE) | 10.91 |
| Return on Assets (ROA) | 5.13 |
| Return on Invested Capital (ROIC) | 8.36 |
| Return on Capital Employed (ROCE) | 7.23 |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | 20.42 |
Taxes
Over the trailing twelve months, Labcorp Holdings Inc. has paid 209.30M in income taxes, reflecting an effective tax rate of 18.17.
| Income Tax | 209.30M |
| Effective Tax Rate | 18.17 |
Stock Price Statistics
Labcorp Holdings Inc.'s stock has gained approximately 3.35715% over the past 52 weeks. The 50-day moving average sits at 262.38, while the 200-day moving average is 268.22.
| Beta (5Y) | N/A |
| 52-Week Price Change | 3.35715% |
| 50-Day Moving Average | 262.38 |
| 200-Day Moving Average | 268.22 |
| Average Volume (20 Days) | N/A |
Income Statement
Over the trailing twelve months, Labcorp Holdings Inc. generated 14.14B in revenue and converted that into 941.50M in net income, yielding earnings per share of 11.30. EBITDA reached 2.26B, while operating income came in at 1.57B.
| Revenue | 14.14B |
| Gross Profit | 4.08B |
| Operating Income | 1.57B |
| Pretax Income | 1.15B |
| Net Income | 941.50M |
| EBITDA | 2.26B |
| EBIT | 1.57B |
| Earnings Per Share (EPS) | 11.30 |
Balance Sheet
Labcorp Holdings Inc. holds 981.10M in cash and equivalents against 7.24B in total debt, resulting in a net debt position of 5.35B. Total book value stands at 8.79B, with working capital of 1.92B providing operational flexibility.
| Cash & Cash Equivalents | 981.10M |
| Total Debt | 7.24B |
| Net Debt | 5.35B |
| Equity (Book Value) | 8.79B |
| Book Value Per Share | 106.15 |
| Working Capital | 1.92B |
Cash Flow
Labcorp Holdings Inc. produced 1.81B in operating cash flow over the past twelve months.
| Operating Cash Flow | 1.81B |
| Capital Expenditures | N/A |
| Free Cash Flow | 1.81B |
| FCF Per Share | 21.90 |
Margins
Labcorp Holdings Inc. operates with a gross margin of 28.83, reflecting its pricing power and cost economics. The operating margin of 11.11 and net profit margin of 6.66 provide insight into operational efficiency.
| Gross Margin | 28.83 |
| Operating Margin | 11.11 |
| Pretax Margin | 8.14 |
| Profit Margin | 6.66 |
| EBITDA Margin | 15.97 |
Dividends & Yields
The company's payout ratio of 25.46 indicates the proportion of earnings distributed to shareholders.
| Dividend Per Share | 2.90 |
| Dividend Yield | N/A |
| Payout Ratio | 25.46 |
| Shareholder Yield | 0.17 |
| FCF Yield | 8.15 |
Stock Splits
Labcorp Holdings Inc.'s most recent stock split took place on July 3, 2023 with a 250:291 split ratio.
| Last Split Date | 7/3/2023 |
| Split Ratio | 250:291 |
Scores
Labcorp Holdings Inc. posts an Altman Z-Score of 5.28, well above the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | 5.28 |