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Laboratory Corporation of America Holdings's revenue is $13.0 billion.

What is Laboratory Corporation of America Holdings's revenue?

Laboratory Corporation of America Holdings's annual revenue is $13.0B. Zippia's data science team found the following key financial metrics about Laboratory Corporation of America Holdings after extensive research and analysis.
  • Laboratory Corporation of America Holdings's revenue growth from 2003 to 2024 is 342.57%.
  • Laboratory Corporation of America Holdings has 72,000 employees, and the revenue per employee ratio is $180,679.
  • Laboratory Corporation of America Holdings's peak quarterly revenue was $3.2B in 2024(q2).
  • Laboratory Corporation of America Holdings peak revenue was $14.0B in 2020.
  • Laboratory Corporation of America Holdings annual revenue for 2023 was 12.2B, 2.51% growth from 2022.
  • Laboratory Corporation of America Holdings annual revenue for 2024 was 13.0B, 6.97% growth from 2023.

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Most recent quarter revenue
$3.2B (Q2'2024)
Company most recent quarter revenue
Peak revenue
$14.0B (2020)
Company peak revenue
Revenue / employee
$180,679
Company revenue / employee

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Most recent quarter revenue
$3.2B (Q2'2024)
Company most recent quarter revenue
Peak revenue
$14.0B (2020)
Company peak revenue
Revenue / employee
$180,679
Company revenue / employee

Laboratory Corporation of America Holdings historical revenue

Laboratory Corporation of America Holdings's peak revenue was $14.0B in 2020. The peak quarterly revenue was $3.2B in 2024(q2).

Laboratory Corporation of America Holdings's revenue increased from $2.9b in 2003 to $13.0B currently. That's a 342.57% change in annual revenue.

Laboratory Corporation of America Holdings annual revenue

$14B
$11B
$8B
$6B
$3B
$0
2009
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Laboratory Corporation of America Holdings annual revenue over time

Fiscal year / yearLaboratory Corporation of America Holdings revenue
2009$4.7B
2012$5.7B
2013$5.8B
2014$6.0B
2015$8.7B
2016$9.6B
2017$10.3B
2018$11.3B
2019$11.6B
2020$14.0B
2021$13.1B
2022$11.9B
2023$12.2B
2024$13.0B

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Laboratory Corporation of America Holdings annual growth

Laboratory Corporation of America Holdings saw the greatest revenue growth in 2015, when revenue increased by 44.39%.

Laboratory Corporation of America Holdings had the lowest revenue growth in 2022, when revenue changed by -7.72%.

Laboratory Corporation of America Holdings annual growth rate over time

YearLaboratory Corporation of America Holdings growth
2009
31%
2012
21%
2013
2%
2014
4%
2015
44%
2016
10%
2017
8%
2018
10%
2019
2%
2020
21%
2021
-6%
2022
-10%
2023
3%
2024
7%

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Laboratory Corporation of America Holdings financial information

CEOAdam H. Schechter
IndustryHealth Care Equipment & Services
Company TypePublic
Employees Number72,000
Date Founded1978
HeadquartersBurlington, North Carolina
Number of Locations59
Revenue$13.0B
Net Income$1,279,100,000
Gross Proft$3.6B (2024)
EBITDA$1.4B (2024)
Tax Rate0.2%
Total Assets$20,155,100,000
TickerLH

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Laboratory Corporation of America Holdings financing

Laboratory Corporation of America Holdings received early financing of $850.0M on 2019-06-04.

SeriesRound sizeDate
Post Ipo Debt$850M06/2019

Laboratory Corporation of America Holdings competitors

Laboratory Corporation of America Holdings's top competitor, UnitedHealth Group, earned an annual revenue of $400.3B.

Laboratory Corporation of America Holdings's smallest competitor is Clinical Laboratory Partners with revenue of $52.0M last year.

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Zippia gives an in-depth look into the details of Laboratory Corporation of America Holdings, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Laboratory Corporation of America Holdings. The employee data is based on information from people who have self-reported their past or current employments at Laboratory Corporation of America Holdings. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Laboratory Corporation of America Holdings. The data presented on this page does not represent the view of Laboratory Corporation of America Holdings and its employees or that of Zippia.

Laboratory Corporation of America Holdings may also be known as or be related to Laboratory Corporation of America Holdings, Labcorp and LabCorp.