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Company Profiles: Revenue, Growth, Competition

LABORATORY CORPORATION Revenue, Growth & Competitor Profile

DBA LABCORP OF AMERICA
Last updated:

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Public Company
public company
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Big Fish

Company Profile & Annual Report for Laboratory Corporation

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Laboratory Corporation Fast Facts

RevenueOver $500 million    See Exact Annual Revenue
EmployeesOver 1,000Exact Company Size
Primary Industry621511 Medical Laboratories
Additional NAICS Codes54138 Testing Laboratories
62151
Address231 Maple Avenue
Burlington, NC 27215

labcorp.com


Laboratory Corporation's annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Medical Laboratories industry.


Laboratory Corporation's Annual Report & Profile shows critical firmographic facts:
  • What is the company's size? (Annual sales and employees)
  • What industry is the company in?

Laboratory Corporation is a publicly traded company on NYQ using the ticker symbol LH. Detailed information on company financials and operating reports can be found here: NYQ: LH



Laboratory Corporation Annual Revenue and Growth Rate

Laboratory Corporation Revenue Est.
($ Million)
Growth Rate (%)# Employees
2020 Details in Premium Report
2019
2018
2017
2016


1-Year Growth Rate:
3-Year Growth Rate (CAGR):
Premium Report

Note: Laboratory Corporation's revenues are gauged from an analysis of company filings.



Recession Risk

Determine whether Laboratory Corporation grew or shrank during the last recession. This is useful in estimating the financial strength and credit risk of the company. Compare how recession-proof Laboratory Corporation is relative to the industry overall. While a new recession may strike a particular industry, measuring the industry and company's robustness during the last recession estimates its ability to weather future recessions.



U.S. Industry Overview & Market Statistics:
Medical Laboratories

Publisher: AnythingResearch

  • Market Size
  • Growth Rate
  • 5-Year Market Forecast
  • Average Company Size & Growth
  • Salary & Compensation Benchmarks



Market Share of Laboratory Corporation's Largest Competitors

A competitive analysis shows these companies are in the same general field as Laboratory Corporation, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company HeadquartersRevenue ($ MM)
PHYSICIANS IMMUNODIAGNOSTIC LABORATORYBurbank, CA100 
ACCU REFERENCE MEDICAL LAB LIMITED LIABILITYLinden, NJ100 
NATIONAL MEDICAL SERVICESHorsham, PA73 
LATARA ENTERPRISEPomona, CA61 
TELIGENT PHARMAVineland, NJ46 
VIKOR SCIENTIFICCharleston, SC33 
MEDSCAN LABORATORYWilliston, ND33 
BIOTHERANOSTICSSan Diego, CA31 
SHERMAN-ABRAMS LABORATORYBrooklyn, NY31 




Nearby Competitors

These companies are similar in business line and location to Laboratory Corporation. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company HeadquartersRevenue ($ MM)
LABORATORY CORPORATIONBurlington, NC100 
RESEARCH & ANALYTICAL LABORATORIESKernersville, NC0 
POSITIVE APPROACHEfland, NC0 
MORSE CLINIC OF HILLSBOROUGH PHillsborough, NC0 
BARBOUR DRUGBurlington, NC0 




Future Competition: Laboratory Corporation's Fastest Growing Competitors

These companies are in the same general field as Laboratory Corporation and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

CompanyRevenue ($ MM)
Laboratory Corporation Competitors