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Laboratory Corporation of America Holdings

LH Stock Analysis

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Dividend Score

Dividend Score ranks stocks based on metrics important to dividend investors, helping you identify companies with a history of consistent dividends and the financial strength

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Dividend Stability

LH has maintained stable dividend payments over the past 3 years with no cuts over 5%.

Dividend Growth

LH's dividend payments have shown moderate growth, growing by 3.086% annually over the last 5 years.

Earnings Growth

LH's earnings have shown very poor growth, shrinking by -12.689% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

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About Laboratory Corporation of America Holdings

Medical - Diagnostics & Research
Healthcare

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)...

Laboratory Corporation of America Holdings Key Metrics

Market Cap
$19B
52 Weeks Low
$191.97
52 Weeks High
$238.47
Dividend Yield
1.28%
P/E
42.51x
P/S
1.53x

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    Laboratory Corporation of America Holdings Dividends

    Dividend Yield
    1.28%
    Payout Ratio
    20.14%
    Dividend Amount Per Share
    $2.88
    Last Ex-Dividend Date
    Aug 29, 2024

    LH Dividend Safety

    LH paid out 20.14% of its $418M earnings as dividends over the last 12 months.

    Very Safe

    1. Very Unsafe

    2. Unsafe

    3. Somewhat Safe

    4. Safe

    5. Very Safe

    Dividend Payout Ratio

    LH's Dividend Payout Ratio of 20.14% is considered safe for the Healthcare sector, indicating that the company retains enough earnings to support business growth.

    Interest Rate Coverage

    LH's Interest Coverage Ratio of 5.769 indicates strong financial health with easy coverage of interest expenses.

    Income Quality

    LH shows excellent income quality with a ratio of 3.501. This indicates high-quality earnings and low risk of dividend cuts.

    LH Dividend Growth

    Laboratory Corporation of America Holdings(LH) offers a dividend yield of 1.28% and pays $2.88 in dividends per share. Explore the historical dividend growth of LH.

    Dividend Stability

    LH has maintained stable dividend payments over the past 3 years with no cuts over 5%.

    Dividend Growth

    LH's dividend payments have shown moderate growth, growing by 3.086% annually over the last 5 years.

    Earnings Growth

    LH's earnings have shown very poor growth, shrinking by -12.689% over the last 5 years. Poor earnings growth or decline indicates potential struggles to maintain dividend levels, which may lead to cuts and affect overall returns.

    More on Dividends

    LH Analyst Forecasts

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    LH Financials

    LH Income Statement Key Metrics

    • Revenue(TTM)12.49 B
    • Gross Profit(TTM)3.31 B
    • EBITDA(TTM)1.76 B
    • Net Income(TTM)449.50 M
    • EPS Diluted(TTM)5.27

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    LH earnings and revenue history

    Gross Profit Margin vs Peers

    Profit margin ratio of LH (0.259) is lower than the average of its peers (0.475).

    Net Profit Margin vs Peers

    Net profit margin ratio of LH (0.034) is lower than the average of its peers (0.099).

    LH Return on Equity

    See how efficiently LH generates profit for it's shareholders.

    5.31%

    10
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    100

    1. Poor

    2. Average

    3. Strong

    Return on Equity vs Peers

    Return on Equity ratio of LH (0.053) is lower than the average of its peers (0.211).

    Return on Equity Growth

    LH's Return on Equity has shown poor growth over the past 10 years, increasing by only -11.56%.

    LH Revenue Growth

    See how LH has grown it's revenue over the past 10 years.

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    Revenue Growth

    LH's revenue has shown poor growth over the past 10 years, increasing by only 7.30%.