Laboratory Corporation of America Holdings (LH) — Financial Flexibility Index
Laboratory Corporation of America Holdings (LH) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $312.50 Million (operating CF $191.50 Million minus capex $121.00 Million) represents 0% of total liabilities ($10.34 Billion). Check LH cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Laboratory Corporation of America Holdings Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Laboratory Corporation of America Holdings across 37 annual periods. For the full cash flow conversion analysis, see Laboratory Corporation of America Holdin cash flow conversion.
Annual Financial Flexibility Index for Laboratory Corporation of America Holdings (1989–2025)
Year-by-year free cash flow to debt coverage for Laboratory Corporation of America Holdings. Explore Laboratory Corporation of America Holdin (LH) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.21x | $2.08 Billion | $1.64 Billion | $9.76 Billion | ▲ +5.7% |
| 2024 | 0.20x | $2.08 Billion | $1.59 Billion | $10.31 Billion | ▼ -0.2% |
| 2023 | 0.20x | $1.78 Billion | $1.33 Billion | $8.83 Billion | ▼ -17.0% |
| 2022 | 0.24x | $2.44 Billion | $1.96 Billion | $10.04 Billion | ▼ -31.4% |
| 2021 | 0.35x | $3.57 Billion | $3.11 Billion | $10.09 Billion | ▲ +49.2% |
| 2020 | 0.24x | $2.52 Billion | $2.14 Billion | $10.61 Billion | ▲ +34.4% |
| 2019 | 0.18x | $1.84 Billion | $1.44 Billion | $10.46 Billion | ▼ -3.8% |
| 2018 | 0.18x | $1.69 Billion | $1.31 Billion | $9.19 Billion | ▲ +1.7% |
| 2017 | 0.18x | $1.77 Billion | $1.46 Billion | $9.85 Billion | ▲ +8.1% |
| 2016 | 0.17x | $1.45 Billion | $1.18 Billion | $8.73 Billion | ▲ +23.1% |
| 2015 | 0.14x | $1.24 Billion | $982.40 Million | $9.14 Billion | ▼ -35.9% |
| 2014 | 0.21x | $942.50 Million | $739.00 Million | $4.46 Billion | ▼ -7.6% |
| 2013 | 0.23x | $1.02 Billion | $818.70 Million | $4.47 Billion | ▼ -8.9% |
| 2012 | 0.25x | $1.02 Billion | $841.40 Million | $4.06 Billion | ▼ -8.6% |
| 2011 | 0.27x | $1.00 Billion | $855.60 Million | $3.65 Billion | ▼ -3.4% |
| 2010 | 0.28x | $1.01 Billion | $883.60 Million | $3.55 Billion | ▼ -24.0% |
| 2009 | 0.37x | $977.10 Million | $862.40 Million | $2.61 Billion | ▲ +14.1% |
| 2008 | 0.33x | $937.60 Million | $780.90 Million | $2.86 Billion | ▲ +1.6% |
| 2007 | 0.32x | $853.00 Million | $709.70 Million | $2.64 Billion | ▼ -12.8% |
| 2006 | 0.37x | $748.80 Million | $632.30 Million | $2.02 Billion | ▲ +10.3% |
| 2005 | 0.34x | $667.80 Million | $574.20 Million | $1.99 Billion | ▼ -13.8% |
| 2004 | 0.39x | $633.10 Million | $538.10 Million | $1.63 Billion | ▼ -8.8% |
| 2003 | 0.43x | $647.90 Million | $564.30 Million | $1.52 Billion | ▼ -20.4% |
| 2002 | 0.54x | $519.20 Million | $444.90 Million | $968.70 Million | ▲ +12.0% |
| 2001 | 0.48x | $404.10 Million | $316.00 Million | $844.20 Million | ▲ +25.1% |
| 2000 | 0.38x | $302.20 Million | $246.70 Million | $789.50 Million | ▲ +31.1% |
| 1999 | 0.29x | $249.90 Million | $180.50 Million | $856.00 Million | ▲ +35.0% |
| 1998 | 0.22x | $207.50 Million | $125.10 Million | $959.70 Million | ▲ +24.3% |
| 1997 | 0.17x | $178.90 Million | $144.40 Million | $1.03 Billion | ▲ +317.4% |
| 1996 | -0.08x | $-132.70 Million | $-186.80 Million | $1.66 Billion | ▼ -193.2% |
| 1995 | 0.09x | $122.40 Million | $47.00 Million | $1.43 Billion | ▲ +14.3% |
| 1994 | 0.08x | $63.60 Million | $14.70 Million | $846.70 Million | ▼ -63.2% |
| 1993 | 0.20x | $90.80 Million | $57.20 Million | $444.70 Million | ▼ -60.8% |
| 1992 | 0.52x | $138.00 Million | $100.80 Million | $264.90 Million | ▼ -73.9% |
| 1991 | 2.00x | $160.60 Million | $134.00 Million | $80.50 Million | ▲ +84.1% |
| 1990 | 1.08x | $127.30 Million | $112.40 Million | $117.50 Million | ▼ -56.7% |
| 1989 | 2.50x | $95.50 Million | $71.80 Million | $38.20 Million | — |