Laboratory Corporation of America Holdings (LH) — Capital Reinvestment Ratio
Laboratory Corporation of America Holdings (LH) has a Capital Reinvestment Ratio of 0.63x as of March 2026, meaning it reinvests 1% of its operating cash flow ($191.50 Million) in capital expenditures ($121.00 Million). See Laboratory Corporation of America Holdin free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Laboratory Corporation of America Holdings Capital Reinvestment Ratio (1989–2025)
This chart tracks Laboratory Corporation of America Holdings's Capital Reinvestment Ratio across 36 annual periods.
Annual Capital Reinvestment Ratio for Laboratory Corporation of America Holdings (1989–2025)
Year-by-year Capital Reinvestment Ratio for Laboratory Corporation of America Holdings from 1989 to 2025. For live market cap and broader valuation context, see market cap of Laboratory Corporation of America Holdin.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | $1.64 Billion | $434.50 Million | ▼ -14.3% |
| 2024 | 0.31x | $1.59 Billion | $489.90 Million | ▼ -9.6% |
| 2023 | 0.34x | $1.33 Billion | $453.60 Million | ▲ +38.7% |
| 2022 | 0.25x | $1.96 Billion | $481.90 Million | ▲ +66.4% |
| 2021 | 0.15x | $3.11 Billion | $460.40 Million | ▼ -17.2% |
| 2020 | 0.18x | $2.14 Billion | $381.70 Million | ▼ -35.5% |
| 2019 | 0.28x | $1.44 Billion | $400.20 Million | ▼ -4.8% |
| 2018 | 0.29x | $1.31 Billion | $379.80 Million | ▲ +34.6% |
| 2017 | 0.22x | $1.46 Billion | $315.40 Million | ▼ -8.9% |
| 2016 | 0.24x | $1.18 Billion | $278.90 Million | ▼ -8.9% |
| 2015 | 0.26x | $982.40 Million | $255.80 Million | ▼ -5.4% |
| 2014 | 0.28x | $739.00 Million | $203.50 Million | ▲ +11.5% |
| 2013 | 0.25x | $818.70 Million | $202.20 Million | ▲ +17.9% |
| 2012 | 0.21x | $841.40 Million | $176.30 Million | ▲ +23.0% |
| 2011 | 0.17x | $855.60 Million | $145.70 Million | ▲ +18.9% |
| 2010 | 0.14x | $883.60 Million | $126.50 Million | ▲ +7.6% |
| 2009 | 0.13x | $862.40 Million | $114.70 Million | ▼ -33.7% |
| 2008 | 0.20x | $780.90 Million | $156.70 Million | ▼ -0.6% |
| 2007 | 0.20x | $709.70 Million | $143.30 Million | ▲ +9.6% |
| 2006 | 0.18x | $632.30 Million | $116.50 Million | ▲ +13.0% |
| 2005 | 0.16x | $574.20 Million | $93.60 Million | ▼ -7.7% |
| 2004 | 0.18x | $538.10 Million | $95.00 Million | ▲ +19.2% |
| 2003 | 0.15x | $564.30 Million | $83.60 Million | ▼ -11.3% |
| 2002 | 0.17x | $444.90 Million | $74.30 Million | ▼ -40.1% |
| 2001 | 0.28x | $316.00 Million | $88.10 Million | ▲ +23.9% |
| 2000 | 0.22x | $246.70 Million | $55.50 Million | ▼ -41.5% |
| 1999 | 0.38x | $180.50 Million | $69.40 Million | ▼ -41.6% |
| 1998 | 0.66x | $125.10 Million | $82.40 Million | ▲ +175.7% |
| 1997 | 0.24x | $144.40 Million | $34.50 Million | ▼ -85.1% |
| 1995 | 1.60x | $47.00 Million | $75.40 Million | ▼ -51.8% |
| 1994 | 3.33x | $14.70 Million | $48.90 Million | ▲ +466.3% |
| 1993 | 0.59x | $57.20 Million | $33.60 Million | ▲ +59.2% |
| 1992 | 0.37x | $100.80 Million | $37.20 Million | ▲ +85.9% |
| 1991 | 0.20x | $134.00 Million | $26.60 Million | ▲ +49.7% |
| 1990 | 0.13x | $112.40 Million | $14.90 Million | ▼ -59.8% |
| 1989 | 0.33x | $71.80 Million | $23.70 Million | — |