Laboratory Corporation of America Holdings (LH)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,086,700 | 747,400 | 745,600 | 717,100 | 725,600 | 1,214,300 | 1,336,000 | 1,498,500 | 1,856,600 | 2,221,300 | 2,614,200 | 2,889,500 | 3,259,500 | 3,822,100 | 4,102,300 | 3,695,900 | 2,445,400 | 1,488,600 | 781,400 | 819,400 |
| Revenue (ttm) | US$ in thousands | 13,008,900 | 12,712,800 | 12,487,600 | 12,300,400 | 12,161,600 | 15,070,900 | 14,880,900 | 14,770,200 | 15,632,000 | 13,745,500 | 14,941,300 | 15,859,000 | 16,120,900 | 16,554,600 | 16,388,100 | 15,316,200 | 13,978,500 | 12,442,100 | 11,474,500 | 11,587,400 |
| Operating profit margin | 8.35% | 5.88% | 5.97% | 5.83% | 5.97% | 8.06% | 8.98% | 10.15% | 11.88% | 16.16% | 17.50% | 18.22% | 20.22% | 23.09% | 25.03% | 24.13% | 17.49% | 11.96% | 6.81% | 7.07% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,086,700K ÷ $13,008,900K
= 8.35%
The operating profit margin of Laboratory Corporation of America Holdings has shown fluctuations over the period under review. Starting at 7.07% in March 2020, the margin decreased slightly to 6.81% by June 2020. Subsequently, there was a significant improvement in profitability, with the margin reaching 17.49% by December 2020.
The positive trend continued into 2021, with a notable increase in the operating profit margin to 25.03% by June 2021. However, there was a slight decline in the margin to 16.16% by September 2022. The margin further decreased to 5.97% by December 2023.
In the last quarter of 2024, there was a recovery in the operating profit margin, which stood at 8.35%. Overall, the operating profit margin of Laboratory Corporation of America Holdings has displayed variability over the analyzed period, with both peaks and troughs in profitability levels.
Peer comparison
Dec 31, 2024