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Laboratory Corporation of America Holdings SupplierIQ Procurement Profile
LabCorp Holdings Inc. is a global provider of comprehensive clinical laboratory and end-to-end drug development services. It organizes its business into two segments: the Diagnostics segment, which offers a wide range of diagnostic tests, including, among others, blood chemistry analyses, urinalyses, blood cell counts, thyroid tests, and Pap tests through a network of patient service centers, branches, rapid response laboratories, primary laboratories, and specialty laboratories; and the Drug Development segment, which provides end-to-end drug development, medical device, and companion diagnostic development solutions with operations in the US, UK, Germany, Belgium, India, Switzerland, Japan, China, Singapore, and Canada. It serves hospitals, physicians, employers, pharmaceutical companies, managed care organizations, governmental agencies, and independent clinical laboratories. The firm is a Delaware corporation founded on March 8, 1994. Its headquarters are located in Burlington, North Carolina.
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What’s included in this SupplierIQ Profile
IBISWorld's SupplierIQ profile covering Laboratory Corporation of America Holdings includes financial statements, products & service markets, competitive position and key financial health ratios.
Company Snapshot
What’s covered in this SupplierIQ Profile?
This SupplierIQ profile on Laboratory Corporation of America Holdings covers the company’s financial statements, products & service markets, competitive position and key financial health ratios. Laboratory Corporation of America Holdings, trading as Laboratory, is a public company with 71.0k employees.
What industries does Laboratory Corporation of America Holdings operate in?
Laboratory Corporation of America Holdings primarily operates in Medical Laboratories, as well as in Scientific Research & Development in the US, Diagnostic & Medical Laboratories in the US and Blood & Organ Banks in the US.
Product & Service Markets
What’s included in the Product & Service Markets chapter?
The Product & Service Markets chapter provides a breakdown of Laboratory Corporation of America Holdings’s key product and service segments, organized by standardized industry classifications like NAICS. It includes their market share in each of these markets with market share trends and insights.
Competitive Position
What’s included in the Competitive Position chapter?
The Competitive Position chapter covers Laboratory Corporation of America Holdings’s performance relative to competitors in each of the products and service markets the company operates in. This includes a detailed competitor matrix comparing the market share, return on assets, return on equity, pricing power and competitive outlook. There are qualitative insights and a detailed SWOT analysis included for each product and service market.
Income Statement
What’s included in the Income Statement chapter?
The Income Statement chapter includes datasets covering Laboratory Corporation of America Holdings’s historical financial performance. Line items include revenue, cost of sales, gross margins, general and administrative costs, research and development costs, depreciation, interest and taxes. This is available in current and historical datasets.
Balance Sheet
What’s included in the Balance Sheet chapter?
The Balance Sheet chapter includes datasets covering Laboratory Corporation of America Holdings’s historical financial health. Current asset and non-current asset accounts include line items like cash, receivables, inventories, property, plant and equipment, investments, goodwill. Current liabilities and non-current liabilities accounts include line items like accounts payable, debts, provisions and lease liabilities. The equity accounts include line items like paid-in capital, retained earnings, employee stock option plans and treasury stock. This is available in current and historical datasets.
Cash Flows
What’s included in the Cash Flows chapter?
The Cash Flows chapter includes detailed line item accounts covering Laboratory Corporation of America Holdings’s operating cash flow activities, financing cash flow activities and investing cash flow activities. This is available in current and historical datasets.
Ratios
What’s included in the Ratios chapter?
The Ratios chapter covers key financial metrics like the operating margin, gross margin, return on equity, return on assets, current ratio, quick ratio, EBIT margins, EBITDA margins, debt ratio, equity ratio and debt to equity ratios. This is available in current and historical datasets.
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Frequently Asked Questions
What is the 2025 revenue for Laboratory Corporation of America Holdings?
According to the 2026 IBISWorld ProcurementIQ report, Laboratory Corporation of America Holdings generated $14.0bn in revenue.
Who are Laboratory Corporation of America Holdings’s main competitors?
The 2026 ProcurementIQ report benchmarks Laboratory Corporation of America Holdings against its top competitors across execution score, operational capabilities, pricing power, and market share.
What is Laboratory Corporation of America Holdings’s EBITDA margin?
Laboratory Corporation of America Holdings’s EBITDA margin is reported across a 7-year period in the 2026 IBISWorld ProcurementIQ report. The report includes a full income statement breakdown.
What markets does Laboratory Corporation of America Holdings operate in?
The 2026 report identifies all NAICS-coded product and service markets Laboratory Corporation of America Holdings participates in, including market share, concentration, profitability trends, and average vendor risk ratings.
How many employees does Laboratory Corporation of America Holdings have?
The 2026 ProcurementIQ report lists Laboratory Corporation of America Holdings’s employee count and benchmarks workforce size against key competitors to assess relative operational capacity.
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