LH

LabCorp

Halal Rating :
Comfortable
Last Price $238.87 Last updated:
Market Cap $21.11b
7D Change 2.04%
1 Year Change 5.8%
Company Overview Use of Interest Company Impact Justification for our Halal Rating Recent News

Company Overview

Industries
  • Services
  • Healthcare
  • Services – Health
Exchange NYSE
Next Earnings Date Oct. 31, 2024

Laboratory Corporation of America Holdings (Labcorp) is a leading global life sciences company that provides comprehensive clinical laboratory services and drug development solutions. The company operates through two segments: Diagnostics Laboratory Testing and Drug Development. The Diagnostics segment offers a wide range of clinical laboratory tests and procedures used by healthcare providers in disease diagnosis, monitoring patients, and determining treatment options. The Drug Development segment provides drug development, medical device, and diagnostic solutions to pharmaceutical, biotechnology, and medical device companies.

Use of Interest

Reporting Date Total Revenue Total Operating Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $3.28b $3.08b - $50.4m 0.00% 1.64%
June 30, 2024 $3.22b $2.97b - $47.6m 0.00% 1.60%
March 31, 2024 $3.18b $2.9b - $46.9m 0.00% 1.62%

Company Impact

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