LH
Price:
$261.48
Market Cap:
$21.68B
Labcorp Holdings, Inc. provides laboratory services to help doctors, hospitals, pharmaceutical companies, researchers and patients make clear and confident decisions. The company was founded on April 16, 2024 and is headquartered in Burlington, NC.
Industry
Medical - Equipment & Services
IPO Date
1990-03-29
Stock Exchange
NYSE
Ticker
LH
According to Labcorp Holdings Inc.’s latest financial reports and current stock price. The company's current ROE is 10.20%. This represents a change of 301.97% compared to the average of 2.54% of the last 4 quarters.
The mean historical ROE of Labcorp Holdings Inc. over the last ten years is 13.12%. The current 10.20% ROE has changed -22.24% with respect to the historical average. Over the past ten years (40 quarters), LH's ROE was at its highest in in the December 2017 quarter at 10.39%. The ROE was at its lowest in in the March 2020 quarter at -4.52%.
Average
13.12%
Median
12.67%
Minimum
5.31%
Maximum
23.14%
Discovering the peaks and valleys of Labcorp Holdings Inc. ROE, 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 = 74.54%
Maximum Annual ROE = 23.14%
Minimum Annual Increase = -58.10%
Minimum Annual ROE = 5.31%
| Year | ROE | Change |
|---|---|---|
| 2024 | 9.26% | 74.54% |
| 2023 | 5.31% | -58.10% |
| 2022 | 12.67% | -45.25% |
| 2021 | 23.14% | 40.33% |
| 2020 | 16.49% | 51.47% |
| 2019 | 10.89% | -14.12% |
| 2018 | 12.68% | -31.99% |
| 2017 | 18.64% | 40.17% |
| 2016 | 13.30% | 50.50% |
| 2015 | 8.84% | -51.25% |
The current ROE of Labcorp Holdings Inc. (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
9.08%
5-year avg
13.37%
10-year avg
13.12%
Labcorp Holdings Inc.’s ROE is less than Waters Corporation (31.34%), less than Quest Diagnostics Incorporated (13.75%), less than Zimmer Biomet Holdings, Inc. (6.25%), less than West Pharmaceutical Services, Inc. (17.33%), less than Illumina, Inc. (29.98%), less than DexCom, Inc. (29.82%), less than STERIS plc (10.21%), less than Biogen Inc. (9.25%), less than Incyte Corporation (29.83%), less than United Therapeutics Corporation (18.83%),
| Company | ROE | Market cap |
|---|---|---|
| 31.34% | $23.60B | |
| 13.75% | $20.58B | |
| 6.25% | $18.46B | |
| 17.33% | $20.27B | |
| 29.98% | $19.56B | |
| 29.82% | $25.53B | |
| 10.21% | $25.68B | |
| 9.25% | $26.70B | |
| 29.83% | $19.72B | |
| 18.83% | $21.63B |
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What is the 5-year average ROE for Labcorp Holdings Inc. (LH)?
How does the current ROE for Labcorp Holdings Inc. (LH) compare to its historical average?