How Does Laboratory of America Holdings (LH) Make Money?

Price: $233.34
Market Cap: $19.53B
Avg Volume: 611.46K
Country: US
Industry: Medical - Equipment & Services
Sector: Healthcare
Beta: 1.107
52W Range: $191.97-258.59
Website: Laboratory of America Holdings

Revenue Breakdown Overview

Laboratory of America Holdings generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:

Product & Service Revenue Segments

Laboratory of America Holdings's revenue comes from the following main product/service categories (Total Revenue: $10.14B):

  • Drug Development: $- (0.0% of total)
  • LabCorp Diagnostics: $10.14B (100.0% of total)
  • Diagnostics: $- (0.0% of total)
  • Covance Drug Development: $- (0.0% of total)

Geographic Revenue Distribution

The company's revenue is distributed across these geographic regions (Total Revenue: $16.12B):

  • Europe: $2.05B (12.7% of total)
  • Other countries: $976.40M (6.1% of total)
  • North America: $13.09B (81.2% of total)

Revenue by Product Segment (2024)

Drug Development: $0.00 (0.0%)
LabCorp Diagnostics: $10.14B (100.0%)
Diagnostics: $0.00 (0.0%)
Covance Drug Development: $0.00 (0.0%)
LabCorp Diagnostics $10.14B

Revenue by Geographic Region (2024)

Europe: $2.05B (12.7%)
Other countries: $976.40M (6.1%)
North America: $13.09B (81.2%)
Europe $2.05BOther countries $976.40MNorth America $13.09B

Revenue Segments Over Time

Covance Drug Development
Diagnostics
Drug Development
LabCorp Diagnostics
$23.00B$23.00B$20.70B$20.70B$18.40B$18.40B$16.10B$16.10B$13.80B$13.80B$11.50B$11.50B$9.20B$9.20B$6.90B$6.90B$4.60B$4.60B$2.30B$2.30B$0.00$0.00$2.84B$6.07B$2.19B$2.34B$5.85B$6.59B$9.20B$5.71B$6.59B$16.03B$14.34B$20.42B$6.66B$8.85B$6.66B$9.00B$10.36B$16.21B$14.91B$10.14B$10.14B20162016201720172018201820192019202120212022202220242024

Historical Revenue by Product Segment

Year Total Revenue Covance Drug Development Diagnostics Drug Development LabCorp Diagnostics
2024 $13.01B $- $- $- $10.14B
2022 $14.88B $- $9.20B $5.71B $-
2021 $16.12B $5.85B $- $- $10.36B
2019 $11.55B $2.34B $- $- $6.66B
2018 $11.33B $2.19B $- $- $6.66B
2017 $10.44B $6.07B $- $- $14.34B
2016 $9.64B $2.84B $6.59B $- $6.59B

Geographic Revenue Over Time

Europe
North America
Other countries
$19.00B$19.00B$17.10B$17.10B$15.20B$15.20B$13.30B$13.30B$11.40B$11.40B$9.50B$9.50B$7.60B$7.60B$5.70B$5.70B$3.80B$3.80B$1.90B$1.90B$0.00$0.00$1.51B$2.05B$11.53B$13.09B$857.70M$857.70M$1.18B$1.18B$1.20B$1.20B$941.00M$13.98B$976.40M$16.12B2017201720182018201920192020202020212021

Historical Revenue by Geographic Region

Year Total Revenue Europe North America Other countries
2021 $16.12B $2.05B $13.09B $976.40M
2020 $13.98B $1.51B $11.53B $941.00M
2019 $11.55B $- $- $1.20B
2018 $11.33B $- $- $1.18B
2017 $10.44B $- $- $857.70M

Related Metrics

Explore detailed financial metrics and analysis for LH.