Laboratory Corporation of America Holdings (LH) — Cash Flow Quality Index

Latest as of March 2026: 0.69x

Laboratory Corporation of America Holdings (LH) has a Cash Flow Quality Index of 0.69x as of March 2026. Operating cash flow of $191.50 Million is below net income of $278.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore LH long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.69x
Operating CF / Net Income

Operating Cash Flow

$191.50 Million
USD

Net Income

$278.00 Million
USD

Data as of

Mar 2026
Most recent filing

Laboratory Corporation of America Holdings Cash Flow Quality Index (1989–2025)

Historical Cash Flow Quality Index for Laboratory Corporation of America Holdings across 34 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Laboratory Corporation of America Holdin tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Laboratory Corporation of America Holdings (1989–2025)

Year-by-year earnings quality comparison for Laboratory Corporation of America Holdings. For live market cap and the full company financial profile, see market value of Laboratory Corporation of America Holdin.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 1.87x $1.64 Billion $877.70 Million ▼ -12.1%
2024 2.13x $1.59 Billion $746.00 Million ▼ -39.3%
2023 3.50x $1.33 Billion $379.20 Million ▲ +129.2%
2022 1.53x $1.96 Billion $1.28 Billion ▲ +16.9%
2021 1.31x $3.11 Billion $2.38 Billion ▼ -4.7%
2020 1.37x $2.14 Billion $1.56 Billion ▼ -21.7%
2019 1.75x $1.44 Billion $824.90 Million ▲ +18.6%
2018 1.48x $1.31 Billion $883.90 Million ▲ +28.9%
2017 1.15x $1.46 Billion $1.27 Billion ▼ -28.6%
2016 1.60x $1.18 Billion $733.20 Million ▼ -28.5%
2015 2.24x $982.40 Million $438.00 Million ▲ +55.6%
2014 1.44x $739.00 Million $512.60 Million ▲ +1.3%
2013 1.42x $818.70 Million $575.40 Million ▼ -1.1%
2012 1.44x $841.40 Million $584.80 Million ▼ -10.4%
2011 1.60x $855.60 Million $533.10 Million ▲ +3.8%
2010 1.55x $883.60 Million $571.60 Million ▼ -0.4%
2009 1.55x $862.40 Million $555.60 Million ▼ -7.7%
2008 1.68x $780.90 Million $464.50 Million ▲ +12.9%
2007 1.49x $709.70 Million $476.80 Million ▲ +1.6%
2006 1.47x $632.30 Million $431.60 Million ▼ -1.5%
2005 1.49x $574.20 Million $386.20 Million ▲ +0.3%
2004 1.48x $538.10 Million $363.00 Million ▼ -15.7%
2003 1.76x $564.30 Million $321.00 Million ▲ +0.6%
2002 1.75x $444.90 Million $254.60 Million ▼ -0.7%
2001 1.76x $316.00 Million $179.50 Million ▼ -20.0%
2000 2.20x $246.70 Million $112.10 Million ▼ -20.3%
1999 2.76x $180.50 Million $65.40 Million ▲ +51.8%
1998 1.82x $125.10 Million $68.80 Million ▲ +272.3%
1994 0.49x $14.70 Million $30.10 Million ▼ -3.8%
1993 0.51x $57.20 Million $112.70 Million ▼ -79.6%
1992 2.48x $100.80 Million $40.60 Million ▲ +92.5%
1991 1.29x $134.00 Million $103.90 Million ▼ -5.2%
1990 1.36x $112.40 Million $82.60 Million ▲ +22.6%
1989 1.11x $71.80 Million $64.70 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.