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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.
| Fiscal year / year | Laboratory 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 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%.
| Year | Laboratory 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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Did Laboratory Corporation of America Holdings meet its revenue projections?
| CEO | Adam H. Schechter |
| Industry | Health Care Equipment & Services |
| Company Type | Public |
| Employees Number | 72,000 |
| Date Founded | 1978 |
| Headquarters | Burlington, North Carolina |
| Number of Locations | 59 |
| Revenue | $13.0B |
| Net Income | $1,279,100,000 |
| Gross Proft | $3.6B (2024) |
| EBITDA | $1.4B (2024) |
| Tax Rate | 0.2% |
| Total Assets | $20,155,100,000 |
| Ticker | LH |
Laboratory Corporation of America Holdings received early financing of $850.0M on 2019-06-04.
| Series | Round size | Date |
|---|---|---|
| Post Ipo Debt | $850M | 06/2019 |
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.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Quest Diagnostics | $42,792 | $9.9B | 47,000 | 2,680 |
| ARUP Laboratories | $51,145 | $450.0M | 4,000 | 103 |
| Clinical Pathology Laboratories | $33,801 | $240.0M | 1,243 | 1 |
| Sonora Quest Labs | $34,044 | $170.0M | 1,040 | 106 |
| Clinical Laboratory Partners | $35,920 | $52.0M | 500 | - |
| BioReference Laboratories | $33,727 | - | 5,000 | - |
| Solstas Lab Partners Group, LLC | $34,416 | $270.0M | 3,000 | - |
| UnitedHealth Group | $51,208 | $400.3B | 300,000 | 9,099 |
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.