About LabCorp
LabCorp is a publicly listed company based in Burlington (United States) founded in 1969 by Matthew Benger. Provider of laboratory tests for physicians. It operates in the Business Services and Healthcare sectors. The company has 70,000 employees. LabCorp has completed 32 acquisitions, including BioDiagnostics, Bode Technology and Chiltern International. Its chief executive, as recorded, is Adam Schechter. Its website labcorp.com draws about 14.1 million monthly visits. Its Indian entity Labcorp Diagnostics Private Limited reported revenue of ₹45.29 Cr. LabCorp offers products and services including Lab Testing and OnDemand Testing. Its focus areas include Biopharma Outsourcing, CRO, Diversified and HR Services. Its competitors include Charles River Laboratories, Bright Horizons Family Solutions and Cytel; 1 of its 3 listed competitors has raised funding.
Company details
Founded in 1969 and headquartered in Burlington, United States, LabCorp operates in the healthcare sector with a focus on laboratory testing. Services encompass routine analyses like blood counts and cholesterol levels, as well as complex diagnostics for genetic disorders, cancer, and rare diseases. These are delivered to physicians, hospitals, managed care organizations, employers, military and law enforcement entities, and pharmaceutical firms. Annual revenues reached 14.76 billion in 2022.
- Indian entity revenue₹45.29 Cr
FY 2024 · +55% YoY
- Indian entity net profit₹39.9 Lakh
FY 2024 · 1% margin
- Indian entity EBITDA₹1.35 Cr
FY 2024 · 3% margin
- Latest Funding Round$347K (USD), Post-IPO
Feb 2025
- InvestorsEuropean Union
& 3 more
- Employee Count70,000
- Investments & AcquisitionsBioDiagnostics
& 31 more
Associated legal entities of LabCorp
LabCorp operates through Labcorp Diagnostics Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Labcorp Diagnostics Private Limited CIN U93000DL2019PTC349649 | Active | 07 May 2019 | Delhi, Delhi | ₹45.3 Cr | 69 | 2 | View details |
Products & Services of LabCorp
LabCorp offers a comprehensive portfolio of products and services, including Lab Testing and OnDemand Testing.
Offers medical diagnostics and health testing for various conditions.
Provides self-ordered tests for personal health monitoring.
Apps and channels of LabCorp
its YouTube channel Labcorp has 6.37K subscribers and 30 videos.
Videos from LabCorp
The most watched videos on LabCorp's YouTube channel, Labcorp (6.37K subscribers). Click a video to play it here.
More on Labcorp .
Funding Insights of LabCorp
- Total Rounds 8
- Last Round Post-IPO — $347,000
- First Round $427M
(Sep 2001)
- Investors Count 4
All 8 funding rounds of LabCorp with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2025 | $347,000 | Post-IPO | – | – | |
| Feb 2021 | Post-IPO | – | – | ||
| Oct 2019 | Post-IPO | – | – | – | |
| Jun 2019 | $850M | Debt – Conventional | – | – | – |
| Jan 2017 | $457,240 | Grant | – | – | |
| Jan 2015 | $2.9B | Debt – Conventional | – | – | – |
| Sep 2012 | $130M | Post-IPO | – | – | – |
| Sep 2001 | $427M | Post-IPO | – | – | – |
4 investors in total: 4 institutional.
Investors in LabCorp
LabCorp has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include European Union, Mill Creek Capital Advisors and The MassMutual Trust Company, F.S.B.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Wealth advisory and investment services are provided by Mill Creek. | millcreek.com | Conshohocken, United States | ||
Investment firm specializing in active shareholder engagement and value creation strategies. | 2001 | janapartners.com | New York, United States | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium | |
| massmutualtrust.com |
Investor details for LabCorp
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Board of directors of Labcorp Diagnostics Private Limited (LabCorp)
Labcorp Diagnostics Private Limited is the primary company behind LabCorp. The board of Labcorp Diagnostics Private Limited currently have 2 directors; the longest-serving is Mohammed Arif, appointed in 2019. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mohammed Arif DIN 08458504 | Director | 21 May 2019 | 7 yrs 5 mo | Labcorp Diagnostics Private Limited |
| Vimal Kumar Saini DIN 08445010 | Director | 08 Jun 2020 | 6 yrs 5 mo | Labcorp Diagnostics Private Limited |
People of LabCorp
718 people are tracked at LabCorp (297 in leadership, 9 in board & advisors, 412 in team); the tracked headcount is 70,000.
| Name | Role | Group |
|---|---|---|
Matthew Benger | Founder | Leadership |
Adam Schechter | CEO | Leadership |
Adam H. Schechter | President & CEO | Leadership |
Charles Houck | Director Of Information Technology For Covance Market Access Services | Leadership |
Sandra D. Van Der Vaart | EVP, Chief Legal Officer, Chief Compliance Officer, & Corporate Secretary | Leadership |
John Ratliff | CEO, LabCorp Diagnostics | Leadership |
Kent Pearson | Director, IT Enterprise Monitoring And Operations | Leadership |
Crystal Icenhour | Microbiome & Specialty Infectious Disease Director | Leadership |
Bobbi Croy | Vice President IT | Leadership |
Libby Williams | Director - IT Infrastructure, Integration Services | Leadership |
Joseph Campo | Associate Vice President / IT Director - Client Connectivity & Support | Leadership |
Crystal Lala | Pre-clinical Med-device Director Of Operations | Leadership |
Nezabravka Tzvetanova | Business Development Director | Leadership |
Jordan Woodrick | Director Of Operations | Leadership |
Lucas Rifkin | Senior Medical Director | Leadership |
Kim Dugan | Director Specialty Analytics And Support | Leadership |
Will Stimpson | Global Executive Director Business Development - CMC | Leadership |
Julia Wang | EVP & CFO | Leadership |
Howard D. Engler | Associate Vice President | Leadership |
Amanda Kukulski | Senior Director, Data Products | Leadership |
698 more people are available in the full profile.
Complete people profiles for LabCorp
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IPO & Listings of LabCorp
LabCorp is a publicly listed company on the NYSE with ticker symbol LH in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date08 Jul 1988
- Listed onNYSE: LH
- Listed entityLabcorp Holdings Inc.
- Exchange sectorHealth services
- ISINUS5049221055
- Share price$313.64 (-0.6% on the day) · 2026-10-13
- Market capitalisation$25.44B
- Price to earnings25.9
- EPS (diluted, trailing year)$12.09
- Dividend yield0.92%
- Volume (last session)453,843
Financials of LabCorp
Figures of Labcorp Diagnostics Private Limited, the primary company behind LabCorp, for FY 2024. Revenue was ₹45.29 Cr (+55% year on year). Net profit was ₹39.9 Lakh (1% margin). EBITDA was ₹1.35 Cr (3% margin). Revenue has grown at a compounded annual rate of +58% over three years.
- ₹45.29 CrRevenue · FY 2024 · +55% YoY
- ₹39.9 LakhNet profit · 1% margin
- ₹1.35 CrEBITDA · 3% margin
- ₹5 LakhPaid-up capital
- 69Employees (provident fund records)
- +58%Revenue CAGR, 3 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $13.95B | $876.5M | $2.48B |
| 2024 | $13.01B | $746.0M | $2.04B |
| 2023 | $12.16B | $418.0M | $1.70B |
| 2022 | $11.86B | $1.28B | $2.29B |
| 2021 | $16.12B | $2.38B | $4.30B |
Balance sheet, profit and loss, cash flow and ratios of Labcorp Diagnostics Private Limited are on its company page.
Detailed financial statements for LabCorp
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Investments & Acquisitions by LabCorp
LabCorp has strategically engaged in corporate development activities, having acquired 32 companies. Notable acquisitions include BioDiagnostics, Bode Technology and Chiltern International.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Online platform that enables users to discover information on doctors and healthcare facilities | nmhs.net | Tupelo, United States | 1930 | Apr 2025 | •••• | |
Provider of advanced technology solutions for cancer genome analysis | personalgenome.com | Baltimore, United States | 2010 | Dec 2021 | $500M | |
Preclinical testing services for drugs and medical devices are provided. | toxikon.com | Bedford, United States | 1977 | Nov 2021 | •••• | |
Mobile applications for women's and family health are provided. | oviahealth.com | Boston, United States | 2012 | Aug 2021 | •••• | |
Analytics platform for laboratories | visiun.com | Ann Arbor, United States | 2010 | Dec 2020 | •••• | |
Sequencing services for diagnostics and research are provided. | mnglabs.com | Atlanta, United States | 2001 | Mar 2019 | •••• | |
Full service CRO with expertise in oncology related development services | chiltern.com | Berkshire County, United States | 1982 | Sep 2017 | $1.2B | |
| paml.com | 0 | May 2017 | •••• | |||
Pathology lab services are operated through a nationwide chain. | clearpathdiagnostics.com | Syracuse, United States | 1975 | Oct 2016 | •••• | |
Noninvasive prenatal testing using cell-free fetal nucleic acids is offered. | sequenom.com | San Diego, United States | 1994 | Jul 2016 | $371M |
Complete acquisition details for LabCorp
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Timeline of LabCorp
14 dated milestones of LabCorp across 56 years, from founding to its latest funding, stage changes and deals.
- Founded LabCorp is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $427.0M.
- Acquisition Acquires Sequenom.
- Acquisition Acquires ClearPath Diagnostics.
- Acquisition Acquires Paml.
- Acquisition Acquires Chiltern International.
- Acquisition Acquires MNG Laboratories.
- Acquisition Acquires Visiun.
- Acquisition Acquires Ovia Health.
- Acquisition Acquires Toxikon.
- Acquisition Acquires Personal Genome.
- Funding Latest funding round, Post-IPO, of $347K.
- Acquisition Acquires North Mississippi Health Services.
Competitors of LabCorp
LabCorp has 3 listed competitors in our database, 1 of them funded. They include Charles River Laboratories, Bright Horizons Family Solutions and Cytel.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| criver.com | 1947 | Wilmington, United States | 21,400 | Provider of drug discovery and preclinical development services | ||
| brighthorizons.com | 1986 | Watertown, United States | 44,184 | Early education and child care services are provided globally. | ||
| cytel.com | 1987 | Cambridge, United States | $2M | 509 | Data analysis and statistical solutions are provided for life sciences. |
Detailed competitors of LabCorp
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Web traffic of LabCorp
The website of LabCorp (labcorp.com) receives about 14.1M visits a month and ranks #3,241 among all websites worldwide, #36 in Health.
- Monthly visits14.1M
▲ 5.4% vs previous month
- Unique visitors5M
per month
- Global rank#3,241
among all websites
- Category rank#36
Health · Health
- Bounce rate26%
- Pages per visit5.8
- Average visit4 min 22 sec
- DevicesDesktop 44% · Mobile 56%
Websites whose visitors overlap most with LabCorp. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| questdiagnostics.com | 100% | 14.4M | #2,905 | View details | |
questhealth.com | questhealth.com | 74% | #35,385 | – | |
| anylabtestnow.com | 65% | 226.2K | #165,753 | View details | |
| nyulangone.org | 65% | 2.3M | #27,190 | View details | |
| pennmedicine.org | 65% | 1.9M | #32,573 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for LabCorp
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Top companies in Human Resource & Staffing Services
3 companies that operate in the same segment as LabCorp (Human Resource & Staffing Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | |||
Provider of software development, data analytics, and other IT suite services | 1993 | Newtown Square, Pennsylvania, United States | USD 50 M | USD 5.46 B | 61,200 |
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Related news about Labcorp
Complete news archive for LabCorp
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Frequently Asked Questions about LabCorp
LabCorp was founded in 1969 and raised its 1st funding round 32 years after it was founded.
LabCorp is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Adam Schechter is the CEO of LabCorp, as recorded in our data.
LabCorp has 70,000 employees.
The primary company behind LabCorp, Labcorp Diagnostics Private Limited, reported revenue of ₹45.29 Cr for FY 2024, up 55% year on year.
Founded in 1969 and headquartered in Burlington, United States, LabCorp operates in the healthcare sector with a focus on laboratory testing. Services encompass routine analyses like blood counts and cholesterol levels, as well as complex diagnostics for genetic disorders, cancer, and rare diseases. These are delivered to physicians, hospitals, managed care organizations, employers, military and law enforcement entities, and pharmaceutical firms. Annual revenues reached 14.76 billion in 2022.
LabCorp's top competitors include Charles River Laboratories, Cytel and Bright Horizons Family Solutions.
LabCorp offers Lab Testing and OnDemand Testing.
Yes, LabCorp is publicly traded on NYSE under the ticker symbol LH.
LabCorp has made 32 acquisitions, including BioDiagnostics, Bode Technology, and Chiltern International.
LabCorp has 4 investors. Key investors include European Union, Mill Creek Capital Advisors, The MassMutual Trust Company, F.S.B, and JANA Partners.
LabCorp operates through Labcorp Diagnostics Private Limited.