LabCorp
LH
$198.40
Share price
0.03%
Change (1 day)
-10.53%
Change (1 year)
Categories
Laboratory Corporation of America Holdings or LabCorp is a US company that offers clinical laboratory services. The company supplies laboratory results for the diagnosis of diseases and the development of new drugs.
Operating Margin for LabCorp (LH)
Operating Margin as of April 2024 (TTM): 10.63%
According to LabCorp's latest financial reports and stock price the company's current Operating Margin is 10.63%. At the end of 2022 the company had an Operating Margin of 10.64%.
Operating Margin history for LabCorp from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 10.64% | -45.15% |
| 2021 | 19.39% | 22.17% |
| 2020 | 15.88% | 66.02% |
| 2019 | 9.56% | -14.55% |
| 2018 | 11.19% | 2.96% |
| 2017 | 10.87% | -5.2% |
| 2016 | 11.47% | 35.94% |
| 2015 | 8.43% | -38.67% |
| 2014 | 13.75% | -12.76% |
| 2013 | 15.76% | -5.31% |
| 2012 | 16.65% | 6.54% |
| 2011 | 15.63% | -14.6% |
| 2010 | 18.30% | -2.89% |
| 2009 | 18.84% | 9.9% |
| 2008 | 17.14% | -13.07% |
| 2007 | 19.72% | -1.77% |
| 2006 | 20.08% | 4.27% |
| 2005 | 19.25% | -3.47% |
| 2004 | 19.95% | 8.49% |
| 2003 | 18.38% | 6.65% |
| 2002 | 17.24% | 14.12% |
| 2001 | 15.11% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 IDEXX Laboratories IDXX | 25.53% | 140.17% | 🇺🇸 USA |
 Quest Diagnostics
DGX | 11.10% | 4.42% | 🇺🇸 USA |
 Translate Bio
TBIO.defunct | 18.52% | 74.20% | 🇺🇸 USA |
 NeoGenomics
NEO | -31.26% | -394.07% | 🇺🇸 USA |
 Qiagen QGEN | 23.93% | 125.12% | 🇳🇱 Netherlands |
 Enzo Biochem ENZ | -43.44% | -508.65% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.