Laboratory Corporation of America Holdings Capital Reinvestment Ratio
Laboratory Corporation of America Holdings 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 (LH) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Laboratory Corporation of America Holdings (1989–2025)
Capital reinvestment ratio of Laboratory Corporation of America Holdings from 1989 to 2025. This chart tracks Laboratory Corporation of America Holdings's Capital Reinvestment Ratio across 36 annual periods. See Laboratory Corporation of America Holdin financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Laboratory Corporation of America Holdings Capital Reinvestment Ratio by Year (1989–2025)
Laboratory Corporation of America Holdings capital reinvestment ratio by year from 1989 to 2025. For the full cash flow conversion analysis, see Laboratory Corporation of America Holdin (LH) cash conversion ratio.
| 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 | — |