LabCorp
LH
#888
Rank
$19.10 B
Marketcap
$215.60
Share price
1.05%
Change (1 day)
-16.39%
Change (1 year)
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 May 2023 (TTM): 19.39%

According to LabCorp's latest financial reports and stock price the company's current Operating Margin is 19.39%. At the end of 2021 the company had an Operating Margin of 19.39%.

Operating Margin history for LabCorp from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202119.39%22.17%
202015.88%66.02%
20199.56%-14.55%
201811.19%2.96%
201710.87%-5.2%
201611.47%35.94%
20158.43%-38.67%
201413.75%-12.76%
201315.76%-5.31%
201216.65%6.54%
201115.63%-14.6%
201018.30%-2.89%
200918.84%9.9%
200817.14%-13.07%
200719.72%-1.77%
200620.08%4.27%
200519.25%-3.47%
200419.95%8.49%
200318.38%6.65%
200217.24%14.12%
200115.11%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
28.07% 44.77%๐Ÿ‡บ๐Ÿ‡ธ USA
11.03%-43.12%๐Ÿ‡บ๐Ÿ‡ธ USA
18.52%-4.50%๐Ÿ‡บ๐Ÿ‡ธ USA
-3.11%-116.04%๐Ÿ‡บ๐Ÿ‡ธ USA
27.79% 43.32%๐Ÿ‡ณ๐Ÿ‡ฑ Netherlands
-43.44%-324.03%๐Ÿ‡บ๐Ÿ‡ธ 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.