Labcorp Holdings Inc - Company Profile
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Labcorp Holdings Inc (Labcorp), formerly Laboratory Corporation of America Holdings, is a life sciences and healthcare company. It offers blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, PAP tests, hemoglobin AI C, health and wellness services, lead optimization, analytical services, chemistry manufacturing services, early phase development solutions, crop protection and chemical testing, clinical laboratory services, and technology solutions, among others. The company offers services to health insurance companies; pharmaceutical, biotechnology, medical device, and diagnostics companies and CROs; physicians, other healthcare providers; hospitals and health systems; governmental agencies; employers; patients and consumers; crop protection and chemical companies; academic institutions; independent clinical laboratories; and retailers; among others in the Americas, Europe, and Asia-Pacific. It operates manufacturing facilities in the US, Belgium, China, Japan, India, Germany, Singapore, the UK, and Switzerland. Labcorp is headquartered in Burlington, North Carolina, the US.
Headquarters
United States of America
Address
358 S Main St, Burlington, North Carolina, 27215
Website
www.labcorp.com
Telephone
1 336 2291127
No of Employees
71,000
Industry
Medical Equipment
Ticker Symbol & Exchange
LH (NYSE)
Revenue (2024)
$14.0B
7.2%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
17.5%
(2024 vs 2023)
Market Cap*
$25.7B
Net Profit Margin (2024)
XYZ
9.6%
(2024 vs 2023)
* As of and is in US$
Labcorp Holdings Inc premium industry data and analytics
Products and Services
| Services | Brands |
|---|---|
| LabCorp | AccuDraw |
| Ambulatory Monitoring Services | LabCorp Link |
| Bone Marrow/HLA Services | Care Intelligence |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Contracts/Agreements | In July, Laboratory Corp. of America secured a US$364.7 million contract from the Defense Health Agency Contracting Activity to provide commercial clinical reference laboratory testing services across the US. |
| 2026 | New Products/Services | In June, the company introduced an expanded DPYD Genotype test. |
| 2026 | New Products/Services | In June, the company launched ColoSense, the only RNA-based at-home test for colorectal cancer screening. |
Competitor Comparison
| Key Parameters | Labcorp Holdings Inc | Molina Healthcare Inc | Stryker Corp | Becton Dickinson and Co | Tenet Healthcare Corp |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Burlington | Long Beach | Portage | Franklin Lakes | Dallas |
| State/Province | North Carolina | California | Michigan | New Jersey | Texas |
| No. of Employees | 71,000 | 19,000 | 56,000 | 72,000 | 77,000 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Adam H. Schechter | President; Chairman; Chief Executive Officer | Executive Board | 2020 | 61 |
| Julia A. Wang | Chief Financial Officer; Executive Vice President | Senior Management | 2024 | 55 |
| Amy B. Summy | Chief Marketing Officer; Executive Vice President | Senior Management | 2020 | 60 |
| Kathryn W. Kyle | Executive Vice President; Secretary; Chief Legal Officer | Senior Management | 2026 | 55 |
| Anita Z. Graham | Executive Vice President; Chief Human Resources Officer | Senior Management | 2023 | 54 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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