LH Labcorp Holdings Inc. Common Stock
NYSE · Health Care · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 5, 2026LH Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| July 3, 2023 | 291-for-250 | Forward |
| May 13, 2002 | 2-for-1 | Forward |
| June 12, 2001 | 2-for-1 | Forward |
| May 4, 2000 | 1-for-10 | Reverse |
About Labcorp Holdings Inc. Common Stock Company overview from Wikipedia
Labcorp Holdings Inc., operating under the brand name Labcorp, headquartered in Burlington, North Carolina, provides laboratory services used for diagnosis and healthcare decisions. It operates one of the largest clinical laboratory networks in the world and has operations in over 100 countries; although its operations are primarily in the U.S.
Its Diagnostics Laboratories segment operates 2,000 patient service centers with more than 6,000 in-office phlebotomists in the United States. In addition to healthcare testing such as oncology testing, human immunodeficiency virus (HIV) genotyping and phenotyping, it provides testing for: employment, DNA testing to determine parentage and to determine immigration eligibility, environmental issues, wellness, toxicology, pain management, and medical drug monitoring. It also provides 50 tests that patients can complete at home. It processes over 160 million tests per year. Approximately 10% of this segment’s revenue are from the U.S. Medicare health insurance program.
Its Biopharma Laboratory Services segment provides drug development, medical device and diagnostic development services to pharmaceutical, biotechnology, medical device, and diagnostic companies. In 2023, this division provided support to 84% of the new drugs and therapeutic products approved by the Food and Drug Administration.
Labcorp performs its largest volume of specialty testing at its Center for Esoteric Testing in Burlington, North Carolina.
Labcorp was an early pioneer of genomic testing using polymerase chain reaction (PCR) technology at its Center for Molecular Biology and Pathology in Research Triangle Park, North Carolina, where it also performs other molecular diagnostics. Labcorp operates the National Genetics Institute, Inc. (NGI), in Los Angeles, California, which develops PCR testing methods.
History
1971-2000
In 1971, Revlon acquired DCL BioMedical, a clinical laboratory business founded in 1968. In 1974, it changed its name to National Health Laboratories Incorporated. By 1977, it operated clinical testing laboratories in 13 cities and maintained auxiliary service centers and satellite laboratories in 15 other cities. In 1978, it acquired American Biomedical Corporation, giving it operations in the Southwestern United States and data processing technology. In 1985, Revlon was acquired by Ronald Perelman. Revlon divested its other businesses and a major stake in the company was acquired by MacAndrews & Forbes.
In 1988, National Health Laboratories became a public company via an initial public offering on the NASDAQ exchange.
In 1989, the company generated revenue of about US$400 million, with about US$70 million in earnings.
In the early 1990s, worries about malpractice lawsuits led doctors to conduct more clinical testing before diagnosing, which increased business for the company.
In 1990, the company's revenues reached US$500 million, with over US$70 million in earnings.
In 1991, National Health Laboratories moved its listing from the NASDAQ to the New York Stock Exchange.
In June 1992, the company offered to acquire Damon Corporation for $260 million in cash and stock. However, the company was outbid by Corning Inc., which acquired Damon for $370 million.
By 1993, the company had 22 major laboratories.
On March 8, 1994, National Health Laboratories Inc. reorganized as a holding company, National Health Laboratories Holdings Inc.
In 1994, National Health Laboratories acquired Allied Clinical Laboratories. The acquisition price was reduced to $204 million after federal officials issued subpoenas in an investigation of Medicare billing practices.
In April 1995, Hoffmann-La Roche, a division of Roche, contributed Roche Biomedical Laboratories, Inc. and US$186.7 million in cash to National Health Laboratories Holdings, in exchange for 49.9% of the combined company. Perelman received about US$100 million from the deal, which made the new company the largest blood-testing company in the United States. The company changed its name to Laboratory Corporation of America Holdings and relocated its headquarters to Burlington, North Carolina.
In July 1998, Labcorp acquired the Michigan-based laboratory division of Universal Standard Healthcare (UHCI) and made an equity investment in the company. Labcorp also became UHCI's clinical laboratory long-term testing provider but terminated this agreement in March 1999.
2000s
In June 2000, Labcorp acquired the laboratory testing business of Pathology Medical Laboratories.
In May 2001, Labcorp acquired Path Lab Holdings, the largest regional laboratory in New England.
In June 2001, it acquired ViroMed, which specialized on clinical diagnostic testing in virology, molecular biology, serology, microbiology, mycology and mycobacteriology, as well as in tissue and eye bank testing. In 2013, it closed the Viromed facility in Minnetonka, Minnesota and laid off 79 workers.
In December 2001, Labcorp became the exclusive marketer for genomics and proteomics tests for breast cancer, colon cancer, melanoma, and hypertension made by Myriad Genetics.
In March 2002, Roche sold its remaining interest in the company.
In May 2002, Labcorp acquired Dynacare, a Canadian medical laboratory services company, for $480 million.
In January 2003, Labcorp acquired Dianon, a provider of oncology and genomic diagnostic testing services, for $598 million in cash.
In February 2005, the company acquired US Pathology Labs Inc., a provider of anatomical pathology and oncology testing services, for $155 million.
In March 2005, Labcorp acquired Esoterix, a provider of specialty reference testing, for approximately $150 million in cash from Behrman Capital.
In November 2006, Labcorp acquired Litholink, a kidney stone analysis laboratory.
In January 2008, Labcorp acquired Tandem Labs, a contract research organization specializing in advanced mass spectrometry, immunoanalytical support, pharmacokinetics, and pharmacodynamics.
In June 2009, Labcorp acquired Monogram Biosciences, a diagnostic lab specializing in HIV resistance testing, for approximately $155 million including debt.
2010s
In September 2010, Labcorp acquired Genzyme Genetics, formerly a division of Genzyme Corporation, with 9 testing laboratories and approximately 1,900 employees, for $925 million in cash.
In February 2011, Labcorp acquired the assets of bankrupt Westcliff Medical Laboratory. The FTC challenged the acquisition but lost in court.
In June 2011, Labcorp acquired Canadian central labs partner Clearstone from Czura Thornton, adding laboratories in China, France, Singapore and Canada, and the central laboratory protocol management system APOLLO CLPM.
In November 2011, Labcorp acquired more than 90% of the shares of DNA testing company Orchid Cellmark for $85 million. To receive approval of the transaction from the Federal Trade Commission, Labcorp sold parts of Orchid's DNA paternity testing business to DNA Diagnostics Center.
In May 2012, Labcorp Clinical Trials sold its European biological sampling kit building operation located in Hamburg to Marken.
In August 2012, Labcorp acquired testing lab Medtox Scientific for $241 million.
In September 2013, Labcorp acquired MuirLab, the clinical laboratory outreach business of John Muir Health.
In November 2014, Labcorp acquired LipoScience, a developer of diagnostic tests based on nuclear magnetic resonance spectroscopy measuring heart disease risk, for $85 million.
In December 2014, Labcorp acquired Bode Technology Group, a provider of forensic DNA analysis, DNA collection products, and relationship testing and the largest DNA forensic testing company in the U.S., from SolutionPoint International.
In February 2015, Labcorp acquired Covance for $6.1 billion.
In October 2015, Labcorp acquired Safe Foods International Holdings and its two operating companies, International Food Network and The National Food Laboratory, expanding its capabilities in food and beverage product-development and product-integrity.
In March 2016, Labcorp acquired Pathology Inc., a provider of reproductive donor testing as well as anatomic, molecular and digital pathology services focused on women's health.
In September 2016, Labcorp acquired Sequenom for $371 million including debt, expanding its operations in Europe and Asia.
In October 2016, Labcorp acquired ClearPath Diagnostics, a provider of laboratory diagnostic services in the Northeastern United States, from Shore Capital Partners.
In May 2017, Labcorp acquired Pathology Associates Medical Laboratories from Providence Health & Services and Catholic Health Initiatives.
In September 2017, Labcorp acquired Chiltern, a contract research organization (CRO), for $1.2 billion, and contributed it to Covance.
In 2019, Labcorp acquired Wellness Corporate Solutions, a workplace wellness company.
2020s
During the COVID-19 pandemic, the company was one of the major developers and processors of COVID-19 testing. In March 2020, Labcorp received emergency use authorization from the FDA for a test for SARS-CoV-2. In April 2020, the company developed the first COVID-19 test in which people were able to collect a sample at home. In July 2020, the company was processing 165,000 COVID-19 tests per day.
In December 2021, the company acquired Toxikon, a contract research organization developing non-clinical testing services.
In February 2022, the company acquired Personal Genome Diagnostics and its liquid biopsy and tissue-based genomic product, for $450 million in cash plus a possible earn-out of an additional $125 million.
Also in February 2022, Labcorp entered into agreements with Ascension, one of the nation’s largest Catholic and nonprofit health systems, to manage Ascension's hospital-based laboratories in ten states and purchase assets of the health system's outreach laboratory business.
In June 2023, Labcorp completed the corporate spin-off of Fortrea.
In August 2024, Labcorp acquired the assets of bankrupt Invitae for $234 million.
In December 2025, Labcorp acquired the ambulatory lab businesses from Community Health Services (CHS) in 13 states for $194 million.
In January 2026, it was announced that Labcorp had sold select assets of its early development medical device testing business to NAMSA, a medical device testing, clinical research, and regulatory consulting company. The transaction transferred Labcorp’s US-based biocompatibility, analytical testing, microbiological, and preclinical research services to NAMSA, enabling Labcorp to concentrate on its core preclinical drug development and chemical testing activities.
In March 2026, Labcorp acquired select assets of Crouse Health, including assuming operations of Lab Alliance's 12 patient service centers.
Acquisition history
Controversies
Overbilling the government
In 1992, the company was one of the first to be prosecuted as part of Operation Labscam, a nationwide crackdown on fraud in the healthcare system initiated by the U.S. Attorney's Office in San Diego, California. The company and others were accused of routinely submitting false claims to Medicare and Medicaid for unnecessary tests on blood samples that physicians had never ordered. In addition, charges for the tests billed to the government were significantly higher than what the company charged private insurers. That year, the company agreed to pay $111 million to settle claims. In November 1996, the company agreed to pay a total of $182 million as a result of the investigation.
In February 2023, the company paid $19 million to resolve allegations that it violated the False Claims Act of 1863 by its submission of false claims to Medicare.
Conflicts of interest
In 2012, Labcorp was criticized for its practice of paying the salaries of genetic counselors in hospitals and doctors' offices, which is perceived to be a possible conflict of interest.
Data breaches
In July 2018, Labcorp's servers were affected by a variant of the SamSam ransomware, with the goal of locking or disabling computers and servers to prevent access to data. The attack resulted in delays, but no data was believed to have been stolen. The malware was blocked on the network by midnight on July 14, 2018.
Faulty paternity tests
Labcorp has been criticized over faulty paternity tests, many of which have resulted in lawsuits. The most notable case was the 2005 false accusation of Washington hairdresser Andre Chreky, who spent $200,000 and years in court proving, despite a false-positive test, that he was not the father. In the trial, it was determined that only five people at Labcorp reviewed data and made paternity determinations, including during 10 hour shifts that required making determinations every 4 minutes.
Sharing of patient data
In 2024, Labcorp faced a class action lawsuit for allowing Google to collect confidential patient information such as appointments made and website login details.
Labor concerns
Employees have criticized the company's productivity goals, in which they say volume and speed of work done is prioritized over quality. Labs face staffing shortages and employees say they are overworked.
Labcorp has been criticized for its process of having all employees terminated upon hospital laboratory management acquisitions, and making them reapply with LabCorp, thereby losing accrued employee benefits, including employee eligibility for Public Service Loan Forgiveness (PSLF) in the case of non-profit hospitals.
In 2024, Labcorp stated that its goal is to "operate the company in a non-union environment." After Labcorp became the manager of laboratories of Legacy Health, outsourced laboratory personnel unionized with the Oregon Federation of Nurses and Health Professionals.
Aircraft
Labcorp (ICAO: SKQ, call sign: SKYLAB) utilizes a fleet of 12 Pilatus PC-12 and a single Pilatus PC-24 aircraft on nightly runs from Burlington for use on the East Coast. Prior to the acquisition of PC-12 aircraft Labcorp utilized seven PA-31-350s.
Notable employees
Mark Elliott Brecher, retired Chief Medical Officer of LabCorp, Emeritus Professor University of North Carolina
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | LH | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 25.55Y avg ≈24.6 | ≈24.6 | 23.3 | Fair value | |
| P/S (TTM) | 1.7 | · | 1.3 | Pricier | |
| P/B (MRQ) | 2.9 | · | 2.9 | Fair value | |
| EV / EBITDA | 14.7 | · | 11.4 | Overvalued | |
| Price / FCF (TTM) | 21.6 | · | · | · | |
| Price / Cash Flow (TTM) | 15.2 | · | 9.8 | Overvalued | |
| EV / Revenue | 2.2 | · | · | · | |
| EV / FCF | 25.2 | · | · | · | |
| Price / Tangible Book (MRQ) | 5.1 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | LH | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 28.9%5Y avg ≈29.7% | ≈29.7% | 46.8% | Weak | |
| Operating Margin (TTM) | 10.4%5Y avg ≈11.3% | ≈11.3% | 8.3% | Top tier | |
| EBITDA Margin (TTM) | 15.3%5Y avg ≈16.0% | ≈16.0% | 8.8% | Top tier | |
| Net Profit Margin (TTM) | 7.0%5Y avg ≈7.8% | ≈7.8% | 5.1% | Top tier | |
| ROA (TTM) | 5.5%5Y avg ≈5.9% | ≈5.9% | 4.0% | Top tier | |
| ROE (TTM) | 11.7%5Y avg ≈12.0% | ≈12.0% | 12.5% | Weak |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | LH | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.75Y avg ≈0.6 | ≈0.6 | 0.4 | Above avg | |
| Current Ratio (MRQ) | 1.85Y avg ≈1.5 | ≈1.5 | 1.4 | Strong liquidity | |
| Quick Ratio | 0.95Y avg ≈1.0 | ≈1.0 | 0.8 | Strong liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.75Y avg ≈0.6 | ≈0.6 | 0.7 | In line | |
| Interest Coverage | 6.25Y avg ≈8.0 | ≈8.0 | 5.7 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | LH | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 7.2%5Y avg ≈0.20% | ≈0.20% | · | · | |
| Revenue CAGR 3Y | 5.5%5Y avg ≈0.23% | ≈0.23% | · | · | |
| Revenue CAGR 5Y | -0.04% | · | · | · | |
| EPS YoY | 18.3%5Y avg ≈9.7% | ≈9.7% | · | · | |
| Net Income YoY | 17.5%5Y avg ≈7.0% | ≈7.0% | · | · | |
| EPS CAGR 3Y | -9.2%5Y avg ≈-23.6% | ≈-23.6% | · | · | |
| EPS CAGR 5Y | -8.0% | · | · | · | |
| Net Income CAGR 3Y | -11.8%5Y avg ≈-26.5% | ≈-26.5% | · | · | |
| Net Income CAGR 5Y | -10.8% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | LH | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.85Y avg ≈0.7 | ≈0.7 | 1.2 | Weak | |
| Inventory Turnover | 19.35Y avg ≈21.4 | ≈21.4 | 15.6 | Top tier | |
| Receivables Turnover | 6.95Y avg ≈6.7 | ≈6.7 | 10.5 | Weak | |
| Revenue / Employee | ≈$196.5K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 28, 2026 | $0.72 | USD | ≈0.86% |
| May 29, 2026 | $0.72 | USD | ≈1.1% |
| Feb 27, 2026 | $0.72 | USD | ≈1.00% |
| Nov 26, 2025 | $0.72 | USD | ≈1.1% |
| Aug 28, 2025 | $0.72 | USD | ≈1.0% |
| May 29, 2025 | $0.72 | USD | ≈1.2% |
| Feb 27, 2025 | $0.72 | USD | ≈1.2% |
| Nov 26, 2024 | $0.72 | USD | ≈1.2% |
| Aug 29, 2024 | $0.72 | USD | ≈1.3% |
| May 24, 2024 | $0.72 | USD | ≈1.4% |
| Feb 26, 2024 | $0.72 | USD | ≈1.3% |
| Nov 7, 2023 | $0.72 | USD | ≈1.3% |
| Aug 7, 2023 | $0.72 | USD | ≈1.2% |
| May 17, 2023 | $0.62 | USD | ≈1.3% |
| Feb 22, 2023 | $0.62 | USD | ≈1.2% |
| Nov 16, 2022 | $0.62 | USD | ≈0.89% |
| Aug 17, 2022 | $0.62 | USD | ≈0.57% |
| May 18, 2022 | $0.62 | USD | ≈0.30% |
| Mar 29, 1994 | $0.17 | USD | ≈2.4% |
| Dec 29, 1993 | $0.17 | USD | ≈2.3% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 22, 2026 | $4.99 | $4.92 | 1.4% |
| March 31, 2026 | $4.25 | $4.21 | 1.0% | |
| Dec. 31, 2025 | $4.07 | $4.06 | 0.26% | |
| Sept. 30, 2025 | $4.18 | $4.26 | -1.8% | |
| June 30, 2025 | $4.35 | $4.29 | 1.3% | |
| March 31, 2025 | $3.84 | $3.85 | -0.37% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.95B | $13.01B | $12.16B | $11.86B | $13.14B | $13.98B | $11.55B | $11.33B | $10.31B | $9.55B | $8.68B | $6.01B | |
| Cost of Revenue | $9.94B | $9.38B | $8.80B | $8.15B | $8.14B | $9.03B | $8.30B | $8.16B | $7.22B | $6.70B | $5.60B | $3.81B | |
| Gross Profit | $4.01B | $3.62B | $3.36B | $3.71B | $4.99B | $4.95B | $3.25B | $3.18B | $3.09B | $2.85B | $2.90B | $2.20B | |
| SG&A Expense | $2.22B | $2.23B | $2.02B | $1.76B | $1.69B | $1.73B | $1.62B | $1.57B | $1.50B | $1.35B | $1.63B | $1.20B | |
| Operating Income | $1.38B | $1.09B | $726M | $1.44B | $3.05B | $2.45B | $1.33B | $1.33B | $1.31B | $1.27B | $997M | $910M | |
| Interest Expense | $224M | $208M | $200M | $180M | $212M | $207M | $241M | $244M | $235M | $219M | $275M | $110M | |
| Other Non-op | $-55M | $60M | $16M | $-32M | $16M | $-32M | $-3M | $168M | $-6M | $12M | $-8M | $10M | |
| Income Tax | $230M | $212M | $188M | $234M | $690M | $662M | $280M | $384M | $-155M | $361M | $287M | $314M | |
| Net Income | $876M | $746M | $418M | $1.28B | $2.38B | $1.56B | $824M | $884M | $1.23B | $712M | $438M | $511M | |
| EPS (Basic) | $10.54 | $8.89 | $4.80 | $14.05 | $24.60 | $15.99 | $8.42 | $8.71 | $11.99 | $6.94 | $4.43 | $6.03 | |
| EPS (Diluted) | $10.46 | $8.84 | $4.77 | $13.97 | $24.39 | $15.88 | $8.35 | $8.61 | $11.81 | $6.82 | $4.35 | $5.91 | |
| Shares (Basic) | 83,200,000 | 83,900,000 | 87,100,000 | 91,100,000 | 96,700,000 | 97,300,000 | 97,900,000 | 101,400,000 | 102,400,000 | 102,500,000 | 98,800,000 | 84,800,000 | |
| Shares (Diluted) | 83,800,000 | 84,400,000 | 87,600,000 | 91,600,000 | 97,500,000 | 98,000,000 | 98,600,000 | 102,600,000 | 103,900,000 | 104,300,000 | 100,600,000 | 86,400,000 | |
| EBITDA | $2.07B | $1.73B | $1.30B | $2.41B | $4.00B | $3.07B | · | $1.88B | $1.90B | $1.81B | $1.46B | $1.16B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $532M | $1.52B | $537M | $321M | $1.47B | $1.32B | $338M | $427M | $317M | $434M | $716M | $580M | |
| Receivables | $2.10B | $1.94B | $1.91B | $1.79B | $2.26B | $2.48B | $1.54B | $1.47B | $1.53B | $1.33B | $1.22B | $816M | |
| Inventory | $535M | $493M | $475M | $471M | $401M | $423M | $245M | $237M | $227M | $205M | $191M | $140M | |
| Prepaid Expense | $693M | $698M | $655M | $610M | $478M | $365M | $374M | $309M | $309M | $321M | $339M | $158M | |
| Current Assets | $4.02B | $4.81B | $3.77B | $4.62B | $5.33B | $5.13B | $2.98B | $2.84B | $2.73B | $2.48B | $2.62B | $1.69B | |
| PP&E (Net) | $3.08B | $3.05B | $2.91B | $2.79B | $2.82B | $2.73B | $2.64B | $1.74B | $1.71B | $1.72B | $1.75B | $786M | |
| PP&E (Gross) | $6.35B | $6.12B | $5.82B | $5.38B | $5.23B | $4.93B | $4.57B | $3.48B | $3.27B | $3.11B | $2.87B | $1.81B | |
| Accum. Depreciation | $3.27B | $3.07B | $2.91B | $2.58B | $2.41B | $2.20B | $1.93B | $1.74B | $1.56B | $1.39B | $1.12B | $1.03B | |
| Goodwill | $6.79B | $6.37B | $6.14B | $6.12B | $5.89B | $7.75B | $7.87B | $7.36B | $7.40B | $6.42B | $6.42B | $6.20B | |
| Intangibles | $3.60B | $3.49B | $3.34B | $3.12B | $3.74B | $3.96B | $4.03B | $3.91B | $4.17B | $3.40B | $3.32B | $1.48B | |
| Other Non-current Assets | $751M | $652M | $536M | $378M | $463M | $410M | $435M | $276M | $218M | $165M | $150M | $155M | |
| Total Assets | $18.39B | $18.38B | $16.73B | $20.16B | $20.39B | $20.07B | $18.05B | $16.19B | $16.67B | $14.25B | $14.10B | $7.30B | |
| Accounts Payable | $841M | $876M | $828M | $852M | $621M | $639M | $632M | $635M | $574M | $508M | $497M | $282M | |
| Accrued Liabilities | $848M | $871M | $804M | $787M | $1.40B | $1.36B | $942M | $870M | $793M | $594M | $633M | $341M | |
| Short-term Debt | $300.0K | $400.0K | $1M | $2M | $2M | $2M | $2M | $2M | $2M | $0 | · | · | |
| Current Liabilities | $2.82B | $3.33B | $3.23B | $3.08B | $2.78B | $3.08B | $2.66B | $1.88B | $2.19B | $1.83B | $1.70B | $976M | |
| Capital Leases | $683M | $676M | $649M | $653M | $642M | $678M | $597M | $0 | $58M | $56M | $56M | $39M | |
| Other Non-current Liabilities | $648M | $517M | $409M | $401M | $402M | $526M | $383M | $334M | $376M | $392M | $323M | $274M | |
| Total Liabilities | $9.76B | $10.31B | $8.83B | $10.04B | $10.09B | $10.61B | $10.46B | $9.19B | $9.85B | $8.73B | $9.14B | $4.46B | |
| Long-term Debt | $5.58B | $6.33B | · | · | · | · | $6.21B | $6.00B | $6.70B | $5.78B | $6.36B | $2.99B | |
| Total Debt | $5.58B | $5.33B | $4.05B | $5.04B | $5.42B | $5.42B | · | $6.05B | $6.76B | $5.84B | $6.41B | $3.03B | |
| Common Stock | $8M | $8M | $8M | $8M | $8M | $9M | $9M | $12M | $12M | $12M | $12M | $10M | |
| Retained Earnings | $8.64B | $8.30B | $7.89B | $10.58B | $10.46B | $9.48B | $7.98B | $7.16B | $6.20B | $4.97B | $4.22B | $3.79B | |
| Treasury Stock | · | · | · | · | · | · | $0 | $1.11B | $1.06B | $1.01B | $978M | $966M | |
| AOCI | $-28M | $-262M | $-59M | $-493M | $-192M | $-162M | $-372M | $-463M | $-334M | $-582M | $-287M | $-10M | |
| Stockholders' Equity | $8.62B | $8.05B | $7.88B | $10.10B | $10.27B | $9.44B | $7.64B | $7.05B | $6.80B | $5.52B | $4.95B | $2.82B | |
| Liabilities + Equity | $18.39B | $18.38B | $16.73B | $20.16B | $20.39B | $20.07B | $18.05B | $16.19B | $16.67B | $14.25B | $14.10B | $7.30B | |
| Shares Outstanding | 82,200,000 | 83,400,000 | 83,900,000 | 88,200,000 | 93,100,000 | 97,500,000 | 97,200,000 | 98,900,000 | 101,900,000 | 102,700,000 | 101,300,000 | 84,600,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $681M | $644M | $577M | $537M | $577M | $625M | $577M | $552M | $533M | $499M | $458M | $246M | |
| Stock-based Comp | $126M | $117M | $129M | $117M | $133M | $112M | $107M | $92M | $110M | $110M | $102M | $46M | |
| Deferred Tax | $98M | $-20M | $-78M | $24M | $-38M | $-47M | $29M | $33M | $-542M | $55M | $-34M | $28M | |
| Amort. of Intangibles | $280M | $256M | $220M | $194M | $230M | $275M | $243M | $232M | $216M | $180M | $164M | $77M | |
| Restructuring | · | · | $56M | $56M | $44M | $33M | $33M | $52M | $76M | $65M | $114M | $19M | |
| Other Non-cash | $-140M | $100M | $282M | $-108M | $-88M | $-110M | · | $-244M | $74M | $-220M | $19M | $-91M | |
| Operating Cash Flow | $1.64B | $1.59B | $1.33B | $1.96B | $3.11B | $2.14B | $1.44B | $1.31B | $1.50B | $1.20B | $982M | $739M | |
| CapEx | $434M | $490M | $454M | $429M | $422M | $382M | $400M | $380M | $313M | $279M | $256M | $204M | |
| Investing Cash Flow | $-1.19B | $-1.37B | $-1.17B | $-1.65B | $-885M | $-643M | $-1.28B | $207M | $-2.23B | $-796M | $-3.99B | $-350M | |
| Debt Issued | · | · | · | $0 | $1.00B | $0 | $1.05B | $0 | $1.20B | $0 | $2.90B | $0 | |
| Net Debt Issued | · | · | · | $0 | $1.00B | $0 | · | $0 | $1.20B | $0 | $2.90B | $0 | |
| Stock Repurchased | $450M | $250M | $1.00B | $1.10B | $1.67B | $100M | $450M | $700M | $338M | $44M | $0 | $269M | |
| Net Stock Activity | $-450M | $-250M | $-1.00B | $-1.10B | $-1.67B | $-100M | · | $-700M | $-338M | $-44M | $0 | $-269M | |
| Dividends Paid | $241M | $243M | $254M | $195M | · | · | · | · | · | · | · | · | |
| Financing Cash Flow | $-1.46B | $780M | $-59M | $-1.32B | $-2.07B | $-517M | $-253M | $-1.39B | $593M | $-671M | $3.18B | $-201M | |
| Net Change in Cash | $-986M | $982M | $107M | $-1.04B | $152M | $983M | $-89M | $110M | $-117M | $-283M | $136M | $176M | |
| Taxes Paid | $171M | $215M | $207M | $475M | $965M | $500M | $217M | $350M | $348M | $346M | $238M | $284M | |
| Free Cash Flow | $1.21B | $1.10B | $874M | $1.47B | $2.65B | $1.75B | · | $926M | $1.15B | $897M | $727M | $536M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.8% | 27.9% | 27.7% | 29.5% | 34.9% | 35.4% | · | 28.0% | 33.2% | 33.0% | 33.5% | 36.6% | |
| Operating Margin | 9.9% | 8.3% | 6.0% | 11.9% | 20.2% | 17.5% | · | 11.7% | 13.1% | 13.6% | 11.6% | 15.1% | |
| Net Margin | 6.3% | 5.7% | 3.4% | 8.6% | 14.8% | 11.1% | · | 7.8% | 12.2% | 7.6% | 5.0% | 8.5% | |
| EBITDA Margin | 14.8% | 13.3% | 10.7% | 16.2% | 24.8% | 22.0% | · | 16.6% | 18.2% | 18.8% | 16.8% | 19.2% | |
| ROA | 4.8% | 4.2% | 2.3% | 6.3% | 11.8% | 8.2% | · | 5.4% | 8.2% | 5.2% | 4.1% | 7.2% | |
| ROE | 10.3% | 9.2% | 5.3% | 12.7% | 22.8% | 17.7% | · | 12.4% | 19.6% | 13.2% | 9.0% | 18.3% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.4 | 1.4 | 1.2 | 1.5 | 1.9 | 1.7 | · | 1.5 | 1.3 | 1.4 | 1.6 | 1.7 | |
| Quick Ratio | 0.9 | 1.0 | 0.8 | 0.9 | 1.3 | 1.2 | · | 1.0 | 0.9 | 1.0 | 1.1 | 1.4 | |
| Debt / Equity | 0.6 | 0.7 | 0.5 | 0.5 | 0.5 | 0.6 | · | 0.9 | 1.0 | 1.1 | 1.3 | 1.1 | |
| LT Debt / Equity | 0.6 | 0.7 | 0.5 | 0.5 | 0.5 | 0.6 | · | 0.9 | 0.9 | 1.0 | 1.2 | 1.0 | |
| Interest Coverage | 6.2 | 5.2 | 3.6 | 9.8 | 15.4 | 11.8 | · | 5.4 | 5.8 | 6.0 | 3.6 | 8.3 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.8 | 0.7 | 0.7 | 0.7 | 0.8 | 0.7 | · | 0.7 | 0.7 | 0.7 | 0.8 | 0.8 | |
| Inventory Turnover | 19.3 | 19.4 | 18.6 | 24.1 | 25.5 | 27.0 | · | 35.1 | 31.2 | 31.6 | 33.9 | 27.6 | |
| Receivables Turnover | 6.9 | 6.7 | 6.6 | 6.6 | 6.8 | 6.9 | · | 7.6 | 7.4 | 7.6 | 8.5 | 7.5 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $104.86 | $96.55 | · | · | · | · | · | $70.49 | $67.03 | $53.61 | $48.81 | $33.34 | |
| Revenue / Share | $166.49 | $154.13 | $138.83 | $162.41 | $165.34 | $142.64 | · | $110.46 | $100.49 | $92.44 | $86.28 | $69.58 | |
| Cash Flow / Share | $19.58 | $18.79 | $15.16 | $21.35 | $31.89 | $21.79 | · | $12.72 | $14.05 | $11.27 | $9.77 | $8.55 | |
| Cash / Share | $6.48 | $18.21 | · | · | · | · | · | $4.32 | $3.11 | $4.22 | $7.07 | $6.86 | |
| Dividend Paid / Share | $2.88 | $2.88 | $2.88 | $2.16 | · | · | · | · | · | · | · | · | |
| EPS (TTM) | $10.46 | $8.84 | $4.77 | $13.97 | $24.39 | $15.88 | $8.35 | $8.61 | $11.81 | $6.82 | $4.35 | $5.91 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 7.2% | 7.0% | 2.5% | -9.7% | -6.0% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 5.5% | -0.32% | -4.5% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | -0.04% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 18.3% | 85.3% | -65.9% | -42.7% | 53.6% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | -9.2% | -28.7% | -33.0% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | -8.0% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 17.5% | 78.5% | -67.3% | -46.2% | 52.8% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | -11.8% | -32.0% | -35.5% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | -10.8% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $13.95B | $13.01B | $12.16B | $11.86B | $13.14B | $13.98B | $11.55B | $11.33B | $10.31B | $9.55B | $8.68B | $6.01B | |
| Net Income TTM | $876M | $746M | $418M | $1.28B | $2.38B | $1.56B | $824M | $884M | $1.23B | $712M | $438M | $511M | |
| Market Cap | $20.62B | $19.13B | · | · | · | · | · | $10.74B | $13.96B | $11.33B | $10.76B | $7.84B | |
| Enterprise Value | $25.68B | $22.94B | · | · | · | · | · | $16.36B | $20.40B | $16.73B | $16.46B | $10.29B | |
| P/E | 24.0 | 25.9 | 47.6 | 14.5 | 11.1 | 11.0 | 17.4 | 12.6 | 11.6 | 16.2 | 24.4 | 15.7 | |
| P/S | 1.5 | 1.5 | · | · | · | · | · | 0.9 | 1.4 | 1.2 | 1.2 | 1.3 | |
| P/B | 2.4 | 2.4 | · | · | · | · | · | 1.5 | 2.0 | 2.1 | 2.2 | 2.8 | |
| P / Cash Flow | 12.6 | 12.1 | · | · | · | · | · | 8.2 | 9.6 | 9.6 | 11.0 | 10.6 | |
| P / FCF | 17.1 | 17.5 | · | · | · | · | · | 11.6 | 12.2 | 12.6 | 14.8 | 14.6 | |
| EV / EBITDA | 12.4 | 13.3 | · | · | · | · | · | 8.7 | 10.8 | 9.2 | 11.3 | 8.9 | |
| EV / FCF | 21.3 | 20.9 | · | · | · | · | · | 17.7 | 17.8 | 18.7 | 22.6 | 19.2 | |
| EV / Revenue | 1.8 | 1.8 | · | · | · | · | · | 1.4 | 2.0 | 1.8 | 1.9 | 1.7 | |
| Dividend Yield | 1.2% | 1.3% | · | · | · | · | · | · | · | · | · | · | |
| Earnings Yield | 4.2% | 3.9% | 2.1% | 6.9% | 9.0% | 9.1% | 5.8% | 7.9% | 8.6% | 6.2% | 4.1% | 6.4% | |
| Payout Ratio | 27.5% | 32.6% | · | · | · | · | · | · | · | · | · | · | |
| Annual Payout | $241M | $243M | $254M | $195M | · | · | · | · | · | · | · | · |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.73B | $3.54B | $3.52B | $3.56B | $3.53B | $3.35B | $3.33B | $3.28B | $3.22B | $3.18B | $3.03B | $3.06B | $3.03B | $3.04B | $2.17B | $2.87B | |
| Cost of Revenue | $2.62B | $2.52B | $2.52B | $2.54B | $2.48B | $2.40B | $2.43B | $2.38B | $2.29B | $2.28B | $2.21B | $2.21B | $2.19B | $2.19B | $1.53B | $1.98B | |
| Gross Profit | $1.11B | $1.01B | $993M | $1.03B | $1.05B | $948M | $896M | $904M | $926M | $897M | $821M | $851M | $842M | $850M | $647M | $886M | |
| SG&A Expense | $577M | $551M | $539M | $552M | $579M | $546M | $595M | $569M | $558M | $508M | $533M | $526M | $506M | $457M | $413M | $453M | |
| Operating Income | $452M | $381M | $268M | $397M | $394M | $326M | $216M | $254M | $295M | $321M | $-123M | $252M | $266M | $330M | $-54M | $374M | |
| Interest Expense | $61M | $55M | $55M | $56M | $57M | $56M | $63M | $50M | $48M | $47M | $49M | $50M | $50M | $51M | $49M | $46M | |
| Other Non-op | $-4M | $-13M | $-19M | $-2M | $-33M | $-1M | $16M | $4M | $20M | $20M | $18M | $21M | $-17M | $-7M | $25M | $-18M | |
| Income Tax | $87M | $42M | $26M | $76M | $66M | $62M | $40M | $41M | $62M | $69M | $20M | $55M | $50M | $64M | $-44M | $38M | |
| Net Income | $299M | $278M | $165M | $261M | $238M | $213M | $143M | $169M | $205M | $228M | $-167M | $183M | $189M | $213M | $76M | $353M | |
| EPS (Basic) | $3.66 | $3.37 | $2.01 | $3.14 | $2.85 | $2.54 | $1.72 | $2.02 | $2.44 | $2.71 | $-1.86 | $2.12 | $2.13 | $2.41 | $0.98 | $3.91 | |
| EPS (Diluted) | $3.64 | $3.35 | $1.98 | $3.12 | $2.84 | $2.52 | $1.72 | $2.00 | $2.43 | $2.69 | $-1.85 | $2.11 | $2.12 | $2.39 | $0.97 | $3.90 | |
| Shares (Basic) | 81,700,000 | 82,300,000 | · | 83,100,000 | 83,400,000 | 83,600,000 | · | 84,000,000 | 84,100,000 | 84,100,000 | · | 86,600,000 | 88,700,000 | 88,400,000 | · | 90,200,000 | |
| Shares (Diluted) | 82,000,000 | 82,900,000 | · | 83,700,000 | 83,900,000 | 84,300,000 | · | 84,400,000 | 84,300,000 | 84,700,000 | · | 87,000,000 | 89,000,000 | 89,000,000 | · | 90,700,000 | |
| EBITDA | $452M | $554M | · | $397M | $394M | $493M | · | $254M | $295M | $476M | · | $252M | $266M | $507M | · | $469M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $142M | $981M | $532M | $598M | $647M | $369M | $1.52B | $1.52B | $265M | $99M | $537M | $728M | $1.93B | $394M | $321M | $410M | |
| Receivables | $2.34B | $2.29B | $2.10B | $2.11B | $2.12B | $2.12B | $1.94B | $2.06B | $2.09B | $2.08B | · | $1.96B | $1.90B | $2.34B | · | $2.16B | |
| Inventory | $562M | $498M | $535M | $522M | $508M | $488M | $493M | $483M | $442M | $475M | · | $461M | $488M | $481M | · | $468M | |
| Prepaid Expense | $606M | $630M | $693M | $694M | $655M | $658M | $698M | $685M | $618M | $678M | · | $700M | $660M | $770M | · | $512M | |
| Current Assets | $3.81B | $4.56B | $4.02B | $4.08B | $4.09B | $3.79B | $4.81B | $4.91B | $3.57B | $3.46B | · | $3.95B | $5.12B | $4.70B | · | $4.37B | |
| PP&E (Net) | $3.10B | $3.07B | $3.08B | $3.11B | $3.13B | $3.09B | $3.05B | $3.05B | $2.93B | $2.90B | · | $2.82B | $2.76B | $2.94B | · | $2.88B | |
| PP&E (Gross) | · | · | $6.35B | · | · | · | $6.12B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $3.27B | · | · | · | $3.07B | · | · | · | · | · | · | · | · | · | |
| Goodwill | $7.03B | $6.96B | $6.79B | $6.68B | $6.55B | $6.42B | $6.37B | $6.48B | $6.22B | $6.22B | $6.14B | $6.33B | $6.18B | $8.12B | $6.12B | $8.22B | |
| Intangibles | $3.68B | $3.64B | $3.60B | $3.57B | $3.49B | $3.49B | $3.49B | $3.54B | $3.33B | $3.39B | · | $3.28B | $3.15B | $3.91B | · | $3.81B | |
| Other Non-current Assets | $769M | $725M | $751M | $648M | $633M | $647M | $652M | $613M | $639M | $546M | · | $457M | $426M | $459M | · | $451M | |
| Total Assets | $18.53B | $19.09B | $18.39B | $18.26B | $18.06B | $17.60B | $18.38B | $18.61B | $16.71B | $16.53B | · | $16.89B | $17.72B | $20.20B | · | $19.83B | |
| Accounts Payable | $688M | $696M | $841M | $668M | $793M | $718M | $876M | $661M | $761M | $696M | · | $691M | $713M | $881M | · | $766M | |
| Accrued Liabilities | $862M | $852M | $848M | $878M | $836M | $770M | $871M | $758M | $708M | $649M | · | $690M | $658M | $930M | · | $1.04B | |
| Short-term Debt | $900.0K | $400.0K | $300.0K | $400.0K | $400.0K | $400.0K | $400.0K | $400.0K | $500.0K | $800.0K | · | $2M | $2M | $2M | · | $2M | |
| Current Liabilities | $2.12B | $2.64B | $2.82B | $2.63B | $2.72B | $2.06B | $3.33B | $3.41B | $4.06B | $3.94B | · | $2.90B | $2.18B | $2.89B | · | $2.52B | |
| Capital Leases | $661M | $656M | $683M | $692M | $713M | $696M | $676M | $701M | $643M | $625M | · | $662M | $624M | $668M | · | $666M | |
| Other Non-current Liabilities | $718M | $692M | $648M | $639M | $643M | $498M | $517M | $528M | $484M | $468M | · | $423M | $418M | $414M | · | $434M | |
| Total Liabilities | $9.91B | $10.34B | $9.76B | $9.55B | $9.57B | $9.28B | $10.31B | $10.43B | $8.69B | $8.56B | · | $8.99B | $8.91B | $9.84B | · | $9.71B | |
| Long-term Debt | $5.86B | $6.33B | $5.58B | · | · | · | $6.33B | · | · | · | · | · | · | · | · | · | |
| Total Debt | $5.86B | $6.33B | · | $5.08B | $5.08B | $5.57B | · | $5.35B | $3.05B | $3.05B | · | $4.43B | · | $5.05B | · | $5.34B | |
| Common Stock | $7M | $7M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | $8M | · | $8M | $8M | $8M | $8M | $8M | |
| Retained Earnings | $8.70B | $8.78B | $8.64B | $8.70B | $8.50B | $8.46B | $8.30B | $8.28B | $8.18B | $8.06B | · | $8.07B | $8.84B | $10.73B | $10.58B | $10.85B | |
| AOCI | $-102M | $-63M | $-28M | $-42M | $-35M | $-192M | $-262M | $-113M | $-192M | $-185M | $-59M | $-209M | $-154M | $-444M | $-493M | $-761M | |
| Stockholders' Equity | $8.61B | $8.73B | $8.62B | $8.70B | $8.47B | $8.31B | $8.05B | $8.17B | $8.01B | $7.96B | $7.88B | $7.87B | $8.79B | $10.34B | $10.10B | $10.09B | |
| Liabilities + Equity | $18.53B | $19.09B | $18.39B | $18.26B | $18.06B | $17.60B | $18.38B | $18.61B | $16.71B | $16.53B | · | $16.89B | $17.72B | $20.20B | · | $19.83B | |
| Shares Outstanding | 80,900,000 | 82,300,000 | 82,200,000 | 83,000,000 | 82,900,000 | 83,800,000 | 83,400,000 | 83,700,000 | 83,800,000 | 84,300,000 | 83,900,000 | 84,900,000 | 88,700,000 | 88,600,000 | 88,200,000 | 89,600,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $179M | $173M | $173M | $171M | $170M | $167M | $171M | $162M | $157M | $154M | $146M | $146M | $119M | $142M | $130M | $86M | |
| Stock-based Comp | $35M | $32M | $30M | $29M | $34M | $33M | $27M | $27M | $31M | $32M | $27M | $34M | $27M | $33M | $24M | $16M | |
| Deferred Tax | · | · | $21M | $89M | $-6M | $-6M | $38M | $-20M | $-20M | $-20M | $-60M | $-34M | $14M | $27M | $68M | $-9M | |
| Amort. of Intangibles | $78M | $76M | $73M | $70M | $68M | $70M | $70M | $64M | $62M | $60M | $59M | $56M | $52M | $53M | $28M | $49M | |
| Other Non-cash | · | $-291M | · | · | · | $-388M | · | · | · | $-424M | · | · | · | $-300M | · | · | |
| Operating Cash Flow | $446M | $192M | $614M | $387M | $621M | $18M | $777M | $277M | $561M | $-30M | $580M | $276M | $351M | $121M | $654M | $374M | |
| CapEx | $132M | $121M | $124M | $107M | $78M | $126M | $112M | $116M | $128M | $134M | $167M | $105M | $88M | $78M | $99M | $70M | |
| Investing Cash Flow | $-366M | $-322M | $-390M | $-374M | $-94M | $-336M | $-210M | $-579M | $-185M | $-393M | $-331M | $-488M | $-254M | $-100M | $-273M | $-563M | |
| Stock Repurchased | $354M | $98M | $225M | $25M | $200M | $0 | $75M | $75M | · | · | $-9M | $1.01B | · | · | $-100M | $800M | |
| Net Stock Activity | · | $-98M | · | · | · | · | · | · | · | · | · | · | · | · | · | $-800M | |
| Dividends Paid | $59M | $61M | $59M | $60M | $60M | $62M | $60M | $60M | $60M | $62M | $61M | $64M | $65M | $64M | $64M | $65M | |
| Financing Cash Flow | $-920M | $580M | $-290M | $-60M | $-267M | $-840M | $-547M | $1.55B | $-210M | $-12M | $-446M | $-1.10B | $1.54B | $-61M | $-373M | $-452M | |
| Net Change in Cash | $-839M | $449M | $-66M | $-49M | $278M | $-1.15B | $1M | $1.25B | $166M | $-438M | $-191M | $-1.31B | $1.65B | $-36M | $20M | $-659M | |
| Taxes Paid | $51M | $13M | $11M | $13M | $126M | $20M | $21M | $42M | $132M | $22M | $26M | $48M | $100M | $28M | $83M | $100M | |
| Free Cash Flow | · | $70M | · | · | · | $-108M | · | · | · | $-164M | · | · | · | $27M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.8% | 28.7% | · | 28.8% | 29.7% | 28.3% | · | 27.6% | 28.8% | 28.2% | · | 27.9% | 27.8% | 25.8% | · | 29.4% | |
| Operating Margin | 12.1% | 10.8% | · | 11.1% | 11.2% | 9.8% | · | 7.7% | 9.2% | 10.1% | · | 8.2% | 8.8% | 9.0% | · | 13.0% | |
| Net Margin | 8.0% | 7.8% | · | 7.3% | 6.7% | 6.4% | · | 5.2% | 6.4% | 7.2% | · | 6.0% | 6.2% | 5.6% | · | 9.8% | |
| EBITDA Margin | 12.1% | 15.7% | · | 11.1% | 11.2% | 14.7% | · | 7.7% | 9.2% | 15.0% | · | 8.2% | 8.8% | 13.4% | · | 13.0% | |
| ROA | 1.6% | 1.5% | · | 1.4% | 1.4% | 1.2% | · | 0.95% | 1.1% | 1.3% | · | 1.0% | · | 1.1% | · | 1.7% | |
| ROE | 3.5% | 3.3% | · | 3.1% | 2.9% | 2.6% | · | 2.1% | 2.2% | 2.7% | · | 2.0% | · | 2.1% | · | 3.4% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.8 | 1.7 | · | 1.6 | 1.5 | 1.8 | · | 1.4 | 0.9 | 0.9 | · | 1.4 | · | 1.6 | · | 1.7 | |
| Quick Ratio | 1.2 | 1.2 | · | 1.0 | 1.0 | 1.2 | · | 1.0 | 0.6 | 0.6 | · | 0.9 | · | 0.9 | · | 1.0 | |
| Debt / Equity | 0.7 | 0.7 | · | 0.6 | 0.6 | 0.7 | · | 0.7 | 0.4 | 0.4 | · | 0.6 | · | 0.5 | · | 0.5 | |
| LT Debt / Equity | 0.7 | 0.7 | · | 0.6 | 0.6 | 0.7 | · | 0.7 | 0.4 | 0.4 | · | 0.6 | · | 0.5 | · | 0.5 | |
| Interest Coverage | 7.4 | 6.9 | · | 7.1 | 6.9 | 5.8 | · | 5.0 | 6.2 | 6.9 | · | 5.0 | 5.3 | 6.7 | · | 10.1 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | 0.2 | 0.2 | · | 0.2 | · | 0.2 | · | 0.2 | |
| Inventory Turnover | 4.9 | 5.1 | · | 5.1 | 5.2 | 5.0 | · | 5.0 | 5.2 | 4.7 | · | 4.7 | · | 6.2 | · | 5.6 | |
| Receivables Turnover | 1.7 | 1.6 | · | 1.7 | 1.7 | 1.6 | · | 1.6 | 1.5 | 1.6 | · | 1.5 | · | 1.6 | · | 1.6 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $106.39 | $106.06 | · | $104.78 | $102.20 | $99.13 | · | $97.61 | $95.53 | $94.42 | · | $92.73 | · | $116.72 | · | $112.64 | |
| Revenue / Share | $45.50 | $42.67 | · | $42.57 | $42.04 | $39.68 | · | $38.89 | $38.21 | $37.50 | · | $35.14 | $34.09 | $42.45 | · | $39.76 | |
| Cash Flow / Share | · | $2.31 | · | · | · | $0.22 | · | · | · | $-0.35 | · | · | · | $1.36 | · | · | |
| Cash / Share | $1.75 | $11.92 | · | $7.21 | $7.81 | $4.41 | · | $18.13 | $3.16 | $1.18 | · | $8.57 | · | $4.45 | · | $4.57 | |
| Dividend Paid / Share | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | $0.72 | · | · | · | · | · | · | · | |
| EPS (TTM) | $12.09 | $11.29 | · | $10.20 | $9.08 | $8.67 | · | $5.27 | $5.38 | $5.07 | · | $7.59 | $9.38 | $11.13 | · | $18.76 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $14.35B | $14.14B | · | $13.77B | $13.48B | $13.18B | · | $12.71B | $12.49B | $12.30B | · | $11.30B | $11.11B | $11.00B | · | $10.76B | |
| Net Income TTM | $1.00B | $942M | · | $855M | $763M | $731M | · | $436M | $450M | $433M | · | $661M | $831M | $1.00B | · | $1.76B | |
| Market Cap | $22.65B | $21.96B | · | $23.83B | $21.76B | $19.50B | · | $18.71B | $17.05B | $18.42B | · | $17.07B | · | $17.46B | · | $15.77B | |
| Enterprise Value | $28.37B | $27.31B | · | $28.31B | $26.19B | $24.70B | · | $22.54B | $19.84B | $21.37B | · | $20.77B | · | $22.12B | · | $20.69B | |
| P/E | 23.2 | 23.6 | · | 28.1 | 28.9 | 26.8 | · | 42.4 | 37.8 | 43.1 | · | 26.5 | 22.1 | 17.7 | · | 9.4 | |
| P/S | 1.6 | 1.6 | · | 1.7 | 1.6 | 1.5 | · | 1.5 | 1.4 | 1.5 | · | 1.5 | · | 1.6 | · | 1.5 | |
| P/B | 2.6 | 2.5 | · | 2.7 | 2.6 | 2.3 | · | 2.3 | 2.1 | 2.3 | · | 2.2 | · | 1.7 | · | 1.6 | |
| P / Cash Flow | · | 114.7 | · | · | · | 1054.2 | · | · | · | -618.0 | · | · | · | 144.1 | · | · | |
| EV / Revenue | 2.0 | 1.9 | · | 2.1 | 1.9 | 1.9 | · | 1.8 | 1.6 | 1.7 | · | 1.8 | · | 2.0 | · | 1.9 | |
| Dividend Yield | 1.1% | 1.1% | · | 1.0% | 1.1% | 1.2% | · | 1.3% | 1.5% | 1.4% | · | 1.5% | · | 1.5% | · | · | |
| Earnings Yield | 4.3% | 4.2% | · | 3.5% | 3.5% | 3.7% | · | 2.4% | 2.6% | 2.3% | · | 3.8% | 4.5% | 5.7% | · | 10.7% | |
| Payout Ratio | · | 22.0% | · | · | · | 28.9% | · | · | · | 27.2% | · | · | · | 30.2% | · | · | |
| Annual Payout | $239M | $240M | · | $242M | $242M | $243M | · | $244M | $248M | $252M | · | $256M | $258M | $260M | · | · |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $13.95B | $13.01B | $12.16B | $11.86B | $13.14B |
| Gross Margin % | 28.8% | 27.9% | 27.7% | 29.5% | 34.9% |
| Operating Margin % | 9.9% | 8.3% | 6.0% | 11.9% | 20.2% |
| Net Income | $876M | $746M | $418M | $1.28B | $2.38B |
| Diluted EPS | $10.46 | $8.84 | $4.77 | $13.97 | $24.39 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.6 | 0.7 | 0.5 | 0.5 | 0.5 |
| Current Ratio | 1.4 | 1.4 | 1.2 | 1.5 | 1.9 |
| Quick Ratio | 0.9 | 1.0 | 0.8 | 0.9 | 1.3 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $1.21B | $1.10B | $874M | $1.47B | $2.65B |
Institutional owners (13F) 1,124 filers · $23.8B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 110 (-21 vs prior Q) | 69 (-17 vs prior Q) | 357 (+31 vs prior Q) | 398 (+28 vs prior Q) | +1.6M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $2,471,326,305 | 9,850,631 | 10.39% | Shares |
| BlackRock, Inc. | $1,840,793,144 | 6,574,261 | 7.74% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $1,501,431,120 | 5,362,254 | 6.31% | Shares |
| VICTORY CAPITAL MANAGEMENT INC | $1,322,911,874 | 4,724,673 | 5.56% | Shares |
| STATE STREET CORP | $1,094,143,680 | 3,907,656 | 4.60% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $1,030,063,440 | 3,678,798 | 4.33% | Shares |
| Boston Partners | $854,199,975 | 3,051,690 | 3.59% | Shares |
| Allspring Global Investments Holdings, LLC | $635,027,372 | 2,236,957 | 2.67% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $610,444,012 | 2,188,890 | 2.57% | Shares |
| Select Equity Group, L.P. | $554,945,440 | 1,981,948 | 2.33% | Shares |
| FMR LLC | $533,363,743 | 1,904,870 | 2.24% | Shares |
| MORGAN STANLEY | $450,646,000 | 1,609,447 | 1.89% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $382,802,918 | 1,367,166 | 1.61% | Shares |
| JPMORGAN CHASE & CO | $354,615,328 | 1,268,384 | 1.49% | Shares |
| Invesco Ltd. | $346,549,328 | 1,237,676 | 1.46% | Shares |
| NORDEA INVESTMENT MANAGEMENT AB | $254,722,635 | 915,939 | 1.07% | Shares |
| NORTHERN TRUST CORP | $247,261,280 | 883,076 | 1.04% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $240,182,895 | 900,202 | 1.01% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $239,566,880 | 855,596 | 1.01% | Shares |
| AMERICAN CENTURY COMPANIES INC | $236,607,011 | 845,023 | 0.99% | Shares |
| BANK OF AMERICA CORP /DE/ | $227,435,623 | 812,270 | 0.96% | Shares |
| NORGES BANK | $226,826,040 | 810,093 | 0.95% | Shares |
| ROYAL BANK OF CANADA | $226,133,000 | 807,619 | 0.95% | Shares |
| Navera Investment Management Ltd. | $218,923,069 | 781,731 | 0.92% | Shares |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | $207,766,160 | 742,022 | 0.87% | Shares |
| COOKE & BIELER LP | $187,369,840 | 669,178 | 0.79% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $178,993,080 | 639,261 | 0.75% | Shares |
| Legal & General Group Plc | $178,353,838 | 636,978 | 0.75% | Shares |
| BECK MACK & OLIVER LLC | $169,468,040 | 605,243 | 0.71% | Shares |
| Diamond Hill Capital Management, LLC (Investment Advisor) | $168,221,760 | 600,792 | 0.71% | Shares |
| Amundi | $167,065,360 | 596,662 | 0.70% | Shares |
| River Road Asset Management, LLC | $164,943,800 | 589,085 | 0.69% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $156,601,480 | 559,291 | 0.66% | Shares |
| Woodline Partners LP | $155,964,480 | 557,016 | 0.66% | Shares |
| UBS Group AG | $144,499,600 | 516,070 | 0.61% | Shares |
| Bank of New York Mellon Corp | $142,125,488 | 507,591 | 0.60% | Shares |
| Madison Asset Management, LLC | $133,459,991 | 476,643 | 0.56% | Shares |
| EARNEST PARTNERS LLC | $133,421,680 | 476,506 | 0.56% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $128,924,880 | 460,446 | 0.54% | Shares |
| GOLDMAN SACHS GROUP INC | $121,927,654 | 435,456 | 0.51% | Shares |
| ALLIANCEBERNSTEIN L.P. | $111,629,302 | 418,385 | 0.47% | Shares |
| JONES FINANCIAL COMPANIES LLLP | $109,123,041 | 401,964 | 0.46% | Shares |
| DEUTSCHE BANK AG\ | $102,534,600 | 366,195 | 0.43% | Shares |
| ARIEL INVESTMENTS, LLC | $97,751,360 | 349,112 | 0.41% | Shares |
| WELLS FARGO & COMPANY/MN | $97,312,309 | 347,544 | 0.41% | Shares |
| LAZARD ASSET MANAGEMENT LLC | $90,905,080 | 324,661 | 0.38% | Shares |
| Glenmede Investment Management, LP | $77,663,220 | 270,547 | 0.33% | Shares |
| ENVESTNET ASSET MANAGEMENT INC | $74,910,586 | 267,538 | 0.31% | Shares |
| SEI INVESTMENTS CO | $73,981,600 | 264,220 | 0.31% | Shares |
| Squarepoint Ops LLC | $72,362,640 | 258,438 | 0.30% | Shares |
Activists & 5%+ owners 7 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Laboratory Corporation of America Holdings ×4 filings | July 24, 2023 | · | Initial filing | · | SEC |
| Longview Asset Management, LLC /, James A. Star, not individually but solely as President of Longview Asset Management, LLC, Geoffrey F. Grossman, not individually but solely as Trustee of the Edward Memorial Trust ×4 filings | Jan. 23, 2009 | · | Initial filing | Passive investment | SEC |
| Undisclosed reporting person | May 14, 2002 | · | Initial filing | M&A / sale | SEC |
| Undisclosed reporting person | March 18, 2002 | · | Initial filing | · | SEC |
| Undisclosed reporting person | Feb. 28, 2002 | · | Initial filing | · | SEC |
| Undisclosed reporting person | June 13, 2001 | · | Initial filing | · | SEC |
| Undisclosed reporting person | May 17, 2001 | · | Initial filing | · | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 65 insiders · 35 officers · 24 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Paul R Kirchgraber | CEO, Covance Drug Development | May 19, 2023 M | 12,946 | 0 | 0 | $0 |
| Thomas Pike | Pres & CEO Clinical Business | Jan. 9, 2023 A | · | 0 | 0 | $0 |
| John D Ratliff | CEO, Covance Drug Development | April 3, 2019 M | 16,941 | 0 | 0 | $0 |
| Gary M. Huff | CEO, LabCorp Diagnostics | Sept. 4, 2018 M | 1,850 | 0 | 0 | $0 |
| James T. Boyle Jr. | EVP,CEO of LabCorp Diagnostics | March 31, 2016 S | 23,454 | 0 | 0 | $0 |
| Deborah L Keller | CEO, Covance Drug Development | March 11, 2016 M | 19,754 | 0 | 0 | $0 |
| Joseph L Herring | CEO of Covance Drug Division | July 31, 2015 M | 10,404 | 0 | 0 | $0 |
| Julia Aijun Wang | Chief Financial Officer, EVP | Feb. 11, 2026 M | 1,817 | 0 | 0 | $0 |
| William B Hayes | Chief Financial Officer, EVP | June 6, 2014 M | 19,400 | 0 | 0 | $0 |
| Wesley R Elingburg | EVP & Chief Financial Officer | May 4, 2005 M | 56,244 | 0 | 0 | $0 |
| Jonathan C Meltzer | EVP, COO | Sept. 1, 2026 A | 3,620 | 0 | 4 | $-298,757 |
| Mark S Schroeder | EVP, Pres Diagnostics & COO | March 26, 2026 F | 12,677 | 0 | 0 | $0 |
| Bryan T Vaughn | EVP and President, Diagnostics | Sept. 1, 2026 A | 6,746 | 0 | 1 | $-66,968 |
| Akinbolade Oyegunwa | EVP, CIO & CTO | Sept. 1, 2026 A | 5,064 | 0 | 0 | $0 |
| Brian J Caveney | EVP, Pres of BLS, CMO & CSO | Sept. 1, 2026 A | 36,492 | 0 | 1 | $-429,450 |
| Kathryn W Kyle | EVP, Chief Legal Officer | July 1, 2026 M | 3,904 | 0 | 2 | $-227,413 |
| Megan D. Bailey | EVP, Pres, Central Labs & Intl | March 26, 2026 F | 4,851 | 0 | 0 | $0 |
| Sandra D Van Der Vaart | EVP, Corporate Affairs | March 26, 2026 F | 6,239 | 0 | 1 | $-156,131 |
| Anita Z Graham | EVP, CHRO | March 26, 2026 F | 5,185 | 0 | 0 | $0 |
| Glenn A Eisenberg | Executive Vice President | March 27, 2025 F | 37,920 | 0 | 0 | $0 |
| Lance Berberian | EVP, Special Advisor, Strategy | March 27, 2025 F | 18,652 | 0 | 0 | $0 |
| Jonathan P. Divincenzo | EVP, Pres, Central Labs & Intl | March 27, 2024 M | 5,461 | 0 | 0 | $0 |
| Judith C Seltz | EVP, CHRO | March 30, 2023 F | 4,182 | 0 | 0 | $0 |
| Lisa J Uthgenannt | Chief Human Resources Officer | Sept. 4, 2019 M | 4,660 | 0 | 0 | $0 |
| Edward T Dodson | Principal Accounting Officer | April 1, 2019 F | 13,663 | 0 | 0 | $0 |
| Samuel F Eberts III | Chief Legal Officer, Secretary | Feb. 12, 2019 M | 28,823 | 0 | 0 | $0 |
| Mark E Brecher | CMO, LabCorp Diagnostics | March 30, 2015 M | 5,511 | 0 | 0 | $0 |
| Lidia Fonseca | Chief Information Officer | March 28, 2013 F | 9,087 | 0 | 0 | $0 |
| Andrew Scott Walton | EVP | April 9, 2012 S | 22,298 | 0 | 0 | $0 |
| Don M Hardison | EVP | Dec. 31, 2009 F | 19,928 | 0 | 0 | $0 |
| Goldman Myla Lai | EVP & Chief Medical Officer | Nov. 20, 2008 G | 21,991 | 0 | 0 | $0 |
| William Haas | EVP, Esoterix Business | May 7, 2008 A | 44,249 | 0 | 0 | $0 |
| Benjamin R Miller | EVP, Sales & Marketing | March 26, 2008 F | 19,927 | 0 | 0 | $0 |
| Woodrow L Cook | EVP, Eastern Operations | Oct. 30, 2007 M | 12,535 | 0 | 0 | $0 |
| Allen W Troub | EVP, Western Operations | March 1, 2007 F | 12,697 | 0 | 0 | $0 |
| Kerrii B Anderson | Director | Aug. 17, 2026 S | 6,563 | 0 | 1 | $-954,060 |
| Kirsten Marie Kliphouse | Director | Feb. 11, 2026 M | 3,160 | 0 | 0 | $0 |
| Kathryn E Wengel | Director | Feb. 11, 2026 M | 4,133 | 0 | 0 | $0 |
| Jeffrey A. Davis | Director | Feb. 11, 2026 M | 5,460 | 0 | 0 | $0 |
| Paul Rothman | Director | Feb. 11, 2026 M | 2,571 | 0 | 0 | $0 |
| Richelle P Parham | Director | Feb. 11, 2026 M | 3,366 | 0 | 1 | $-1,782,249 |
| Garheng Kong | Director | Feb. 11, 2026 M | 13,739 | 0 | 0 | $0 |
| Peter M Neupert | Director | Feb. 11, 2026 M | 13,784 | 0 | 0 | $0 |
| John H Sampson | Director | Feb. 10, 2026 A | · | 0 | 0 | $0 |
| Carulla Victor Bulto | Director | Feb. 10, 2026 A | · | 0 | 0 | $0 |
| Dwight Gary Gilliland | Director | July 30, 2025 S | 6,656 | 0 | 0 | $0 |
| Sanders R Williams | Director | Feb. 7, 2024 M | 8,120 | 0 | 0 | $0 |
| Jean Luc Belingard | Director | Feb. 7, 2024 M | 17,781 | 0 | 0 | $0 |
| David P King | Director | May 5, 2020 S | 312,554 | 0 | 0 | $0 |
| Robert E Mittelstaedt JR | Director | May 9, 2019 M | 15,515 | 0 | 0 | $0 |
| Arthur H Rubenstein | Director | May 8, 2014 M | 11,772 | 0 | 0 | $0 |
| Wendy E Lane | Director | May 8, 2014 M | 18,988 | 0 | 0 | $0 |
| Keith M Weikel | Director | May 8, 2014 M | 13,958 | 0 | 0 | $0 |
| Anthony N Coles | Director | Feb. 15, 2013 G | 2,584 | 0 | 0 | $0 |
| Mahon Thomas P Mac | Director | Sept. 6, 2012 S | 32,297 | 0 | 0 | $0 |
| Bradford T Smith | Director | Feb. 23, 2009 S | 16,030 | 0 | 0 | $0 |
| Andrew G Wallace | Director | May 1, 2007 A | 11,654 | 0 | 0 | $0 |
| Craig M Watson | Director | May 10, 2005 S | 1,288 | 0 | 0 | $0 |
| James B Powell | Director | May 3, 2004 A | 13,060 | 0 | 0 | $0 |
| Adam H Schechter | · | Aug. 11, 2026 S | 102,565 | 0 | 5 | $-8,444,209 |
| Amy B. Summy | · | Aug. 4, 2026 S | 6,956 | 0 | 1 | $-283,428 |
| Peter J Wilkinson | · | Aug. 3, 2026 M | 1,770 | 0 | 4 | $-1,060,307 |
| Andrew J Conrad | · | Feb. 10, 2011 F | 26,541 | 0 | 0 | $0 |
| Richard L Novak | · | March 6, 2006 S | 62,270 | 0 | 0 | $0 |
| Stevan R Stark | · | March 15, 2004 S | 49,730 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 127 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| IHF · iShares Trust | 3.69% | 157,561 SH | Sept. 11, 2026 | Daily |
| ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 3.25% | 23,004 NS | July 31, 2026 | N-PORT |
| CAMX · ADVISORS' INNER CIRCLE FUND | 2.17% | 4,775 NS | July 31, 2026 | N-PORT |
| BMVP · Invesco Exchange-Traded Fund Trust | 1.93% | 6,327 SH | Oct. 2, 2026 | Daily |
| EPMB · Harbor ETF Trust | 1.69% | 250 NS | July 31, 2026 | N-PORT |
| EPMV · Harbor ETF Trust | 1.68% | 255 NS | July 31, 2026 | N-PORT |
| RSPH · Invesco Exchange-Traded Fund Trust | 1.57% | 44,863 SH | Oct. 2, 2026 | Daily |
| FXH · First Trust Exchange-Traded AlphaDE… | 1.50% | 50,851 NS | July 31, 2026 | N-PORT |
| EPSV · Harbor ETF Trust | 1.44% | 283 NS | July 31, 2026 | N-PORT |
| SPLV · Invesco Exchange-Traded Fund Trust … | 0.87% | 197,665 SH | Oct. 2, 2026 | Daily |
| HUSV · First Trust Exchange-Traded Fund III | 0.53% | 1,266 NS | July 31, 2026 | N-PORT |
| FBCV · FIDELITY COVINGTON TRUST | 0.49% | 2,817 NS | July 31, 2026 | N-PORT |
| COWZ · Pacer Funds Trust | 0.48% | 292,056 NS | July 31, 2026 | N-PORT |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.42% | 6,360 NS | July 31, 2026 | N-PORT |
| IYH · iShares Trust | 0.41% | 48,009 SH | Sept. 11, 2026 | Daily |
| VOE · VANGUARD INDEX FUNDS | 0.40% | 526,743 SH | Aug. 19, 2026 | Daily |
| FTA · First Trust Exchange-Traded AlphaDE… | 0.38% | 17,174 NS | July 31, 2026 | N-PORT |
| QUVU · Hartford Funds Exchange-Traded Trust | 0.37% | 2,155 NS | July 31, 2026 | N-PORT |
| FHLC · FIDELITY COVINGTON TRUST | 0.37% | 39,235 NS | July 31, 2026 | N-PORT |
| IMCV · iShares Trust | 0.35% | 13,379 SH | Sept. 11, 2026 | Daily |
| VHT · VANGUARD WORLD FUND | 0.34% | 247,706 SH | Aug. 19, 2026 | Daily |
| IXJ · iShares Trust | 0.32% | 43,006 SH | Sept. 11, 2026 | Daily |
| JPUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.31% | 4,660 NS | July 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.30% | 15,097 NS | July 31, 2026 | N-PORT |
| CURE · Direxion Shares ETF Trust | 0.29% | 1,613 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.25% | 122,330 SH | Sept. 11, 2026 | Daily |
| QLV · FlexShares Trust | 0.24% | 1,260 NS | July 31, 2026 | N-PORT |
| SIZE · iShares Trust | 0.24% | 3,270 SH | Sept. 11, 2026 | Daily |
| JMOM · J.P. Morgan Exchange-Traded Fund Tr… | 0.23% | 18,803 NS | July 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.22% | 1,777,108 SH | Aug. 19, 2026 | Daily |
| RSP · Invesco Exchange-Traded Fund Trust | 0.19% | 607,917 SH | Oct. 2, 2026 | Daily |
| FAB · First Trust Exchange-Traded AlphaDE… | 0.19% | 1,036 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.19% | 11,808 SH | Sept. 11, 2026 | Daily |
| SUSA · iShares Trust | 0.19% | 24,649 SH | Sept. 11, 2026 | Daily |
| IWR · iShares Trust | 0.19% | 336,431 SH | Sept. 11, 2026 | Daily |
| DFLV · Dimensional ETF Trust | 0.18% | 39,921 NS | July 31, 2026 | N-PORT |
| IMCB · iShares Trust | 0.18% | 9,613 SH | Sept. 11, 2026 | Daily |
| VLUE · iShares Trust | 0.17% | 54,230 SH | Sept. 11, 2026 | Daily |
| JVAL · J.P. Morgan Exchange-Traded Fund Tr… | 0.17% | 4,641 NS | July 31, 2026 | N-PORT |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.17% | 4,850,000 | Oct. 2, 2026 | Daily |
| EVUS · iShares Trust | 0.16% | 2,034 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.15% | 200,000 | Oct. 2, 2026 | Daily |
| XOEF · iShares Trust | 0.14% | 102 SH | Sept. 11, 2026 | Daily |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.14% | 4,311,000 | Oct. 2, 2026 | Daily |
| BSCR · Invesco Exchange-Traded Self-Indexe… | 0.14% | 6,307,000 | Oct. 2, 2026 | Daily |
| CATH · Global X Funds | 0.12% | 5,039 NS | July 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.12% | 59,155 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.11% | 1,900 NS | July 31, 2026 | N-PORT |
| USXF · iShares Trust | 0.10% | 4,897 SH | Sept. 11, 2026 | Daily |
| ESGU · iShares Trust | 0.09% | 54,905 SH | Sept. 11, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.09% | 2,462 SH | Oct. 2, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.09% | 9,770 NS | July 31, 2026 | N-PORT |
| VTV · VANGUARD INDEX FUNDS | 0.09% | 779,010 SH | Aug. 19, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.09% | 28,484 SH | Oct. 2, 2026 | Daily |
| IVE · iShares Trust | 0.08% | 136,053 SH | Sept. 11, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.08% | 128,740 NS | July 31, 2026 | N-PORT |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.08% | 2,608 SH | Oct. 2, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.08% | 18,830 SH | Aug. 19, 2026 | Daily |
| IUSV · iShares Trust | 0.08% | 71,605 SH | Sept. 11, 2026 | Daily |
| IQSU · New York Life Investments ETF Trust | 0.08% | 821 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.08% | 20 NS | July 31, 2026 | N-PORT |
| ILCV · iShares Trust | 0.07% | 3,218 SH | Sept. 11, 2026 | Daily |
| SUSL · iShares Trust | 0.07% | 2,894 SH | Sept. 11, 2026 | Daily |
| DSI · iShares Trust | 0.07% | 12,557 SH | Sept. 11, 2026 | Daily |
| ESG · FlexShares Trust | 0.07% | 300 NS | July 31, 2026 | N-PORT |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.07% | 22,339 SH | Oct. 2, 2026 | Daily |
| IWD · iShares Trust | 0.07% | 182,051 SH | Sept. 11, 2026 | Daily |
| CRBN · iShares Trust | 0.07% | 2,526 SH | Sept. 11, 2026 | Daily |
| ESGG · FlexShares Trust | 0.06% | 228 NS | July 31, 2026 | N-PORT |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.06% | 49,506 SH | Aug. 19, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.06% | 4,203 NS | July 31, 2026 | N-PORT |
| EGLE · Global X Funds | 0.06% | 4 NS | July 31, 2026 | N-PORT |
| GLBL · Pacer Funds Trust | 0.06% | 2 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.05% | 19,826 NS | July 31, 2026 | N-PORT |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.05% | 2,617 SH | Oct. 2, 2026 | Daily |
| USCL · iShares Trust | 0.05% | 4,379 SH | Sept. 11, 2026 | Daily |
| TOPC · iShares Trust | 0.05% | 50 SH | Sept. 11, 2026 | Daily |
| ACVF · ETF Opportunities Trust | 0.05% | 228 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.04% | 4,709 NS | July 31, 2026 | N-PORT |
| XVV · iShares Trust | 0.04% | 946 SH | Sept. 11, 2026 | Daily |
| BKLC · BNY Mellon ETF Trust | 0.04% | 7,263 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.04% | 85 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.04% | 2,129,763 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.04% | 95,758 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.04% | 18,542 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.04% | 322 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.04% | 4,216 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.04% | 11,366 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.04% | 1,391 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.04% | 63 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.04% | 1,618 SH | Sept. 11, 2026 | Daily |
| IVV · iShares Trust | 0.04% | 1,033,346 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.04% | 25,726 NS | July 31, 2026 | N-PORT |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.04% | 14,243 SH | Oct. 2, 2026 | Daily |
| PBP · Invesco Exchange-Traded Fund Trust | 0.04% | 481 SH | Oct. 2, 2026 | Daily |
| TILT · FlexShares Trust | 0.04% | 2,672 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.04% | 310 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.04% | 3,532 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.04% | 56,631 SH | Sept. 11, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.04% | 1,956 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.03% | 4 NS | July 31, 2026 | N-PORT |
| IWV · iShares Trust | 0.03% | 22,535 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.03% | 105,829 SH | Sept. 11, 2026 | Daily |
| XTR · Global X Funds | 0.03% | 5 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.03% | 6 NS | July 31, 2026 | N-PORT |
| HCMT · Direxion Shares ETF Trust | 0.03% | 571 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.03% | 62 SH | Oct. 2, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.03% | 2,604,259 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.03% | 13,531 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.03% | 6,911 SH | Aug. 19, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.03% | 6,410 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.03% | 216 SH | Sept. 11, 2026 | Daily |
| URTH · iShares, Inc. | 0.03% | 7,182 SH | Sept. 11, 2026 | Daily |
| ACWI · iShares Trust | 0.03% | 26,860 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.02% | 3,375 SH | Oct. 2, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.02% | 362 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.02% | 70,984 SH | Aug. 19, 2026 | Daily |
| GTO · Invesco Actively Managed Exchange-T… | 0.00% | 8,000 | Sept. 30, 2026 | Daily |
| FTLS · First Trust Exchange-Traded Fund III | -0.16% | -12,709 NS | July 31, 2026 | N-PORT |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| VCEB · VANGUARD WORLD FUND | · | · | July 30, 2026 | Daily |
LH Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
16 analysts · 2026-10-03Mean target $344.81 +11.8%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| LH | $20.62B | 24.0 | 7.2% | 6.3% | 10.3% | 28.8% |
| CVS | $100.87B | 57.1 | 7.8% | 0.44% | 2.4% | · |
| CI | $72.51B | 12.4 | 11.2% | 2.2% | 14.4% | · |
| DGX | $19.09B | 19.8 | 11.8% | 9.0% | 14.2% | · |
| GH | $13.34B | -30.8 | 32.9% | -42.4% | 205.7% | · |
| BTSG | $7.20B | 43.0 | 28.2% | 1.5% | 10.8% | 11.8% |
| DVA | $7.79B | 11.5 | 6.5% | 5.5% | -281.8% | · |
| HNGE | $0 | -6.0 | 50.6% | -89.9% | -299.8% | 79.7% |
| HIMS | · | 63.7 | 59.0% | 5.5% | 23.3% | 73.8% |
| CHE | · | 23.3 | 4.1% | 10.5% | 24.4% | · |
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