LH
Price:
$235.99
Market Cap:
$19.74B
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
According to Laboratory Corporation of America Holdings’s latest financial reports and current stock price. The company's current Current Ratio is 1.44. This represents a change of 31.96% compared to the average of 1.09 of the last 4 quarters.
The mean historical Current Ratio of Laboratory Corporation of America Holdings over the last ten years is 1.49. The current 1.44 Current Ratio has changed 9.59% with respect to the historical average. Over the past ten years (40 quarters), LH's Current Ratio was at its highest in in the June 2023 quarter at 2.35. The Current Ratio was at its lowest in in the March 2024 quarter at 0.88.
Average
1.49
Median
1.51
Minimum
1.13
Maximum
1.92
Discovering the peaks and valleys of Laboratory Corporation of America Holdings Current Ratio, 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 = 47.82%
Maximum Annual Current Ratio = 1.92
Minimum Annual Increase = -25.36%
Minimum Annual Current Ratio = 1.13
Year | Current Ratio | Change |
---|---|---|
2023 | 1.17 | -22.29% |
2022 | 1.50 | -21.57% |
2021 | 1.92 | 15.05% |
2020 | 1.66 | 47.82% |
2019 | 1.13 | -25.36% |
2018 | 1.51 | 15.10% |
2017 | 1.31 | -3.25% |
2016 | 1.36 | -13.41% |
2015 | 1.57 | -9.73% |
2014 | 1.73 | 7.31% |
The current Current Ratio 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
1.53
5-year avg
1.48
10-year avg
1.49
Laboratory Corporation of America Holdings’s Current Ratio is greater than Quest Diagnostics Incorporated (1.25), less than Waters Corporation (2.02), greater than Universal Health Services, Inc. (1.39), less than Humana Inc. (1.76), less than Hologic, Inc. (3.69),
Company | Current Ratio | Market cap |
---|---|---|
1.25 | $17.77B | |
2.02 | $23.40B | |
1.39 | $11.32B | |
1.76 | $34.77B | |
3.69 | $17.55B |
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