Laboratory Corporation of America Holdings (LH) — Tangible Net Worth Ratio
Laboratory Corporation of America Holdings (LH) has a Tangible Net Worth Ratio of 58.4% as of March 2026. This metric is calculated by deducting intangible assets ($3.64 Billion) from net assets ($8.75 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Laboratory Corporation of America Holdin (LH) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Laboratory Corporation of America Holdings Tangible Net Worth Ratio (1989–2025)
This chart shows how Laboratory Corporation of America Holdings's Tangible Net Worth Ratio has changed across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 58.4%, reflecting net assets of $8.75 Billion with intangible assets of $3.64 Billion USD. See LH cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Laboratory Corporation of America Holdings (1989–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Laboratory Corporation of America Holdings from 1989 to 2025, covering 37 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Laboratory Corporation of America Holdin market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 58.4% | $8.64 Billion | $3.60 Billion | $18.39 Billion | ▲ +1.6 pp |
| 2024 | 56.7% | $8.07 Billion | $3.49 Billion | $18.38 Billion | ▼ -0.9 pp |
| 2023 | 57.6% | $7.89 Billion | $3.34 Billion | $16.73 Billion | ▼ -11.5 pp |
| 2022 | 69.1% | $10.12 Billion | $3.12 Billion | $20.16 Billion | ▲ +5.4 pp |
| 2021 | 63.7% | $10.29 Billion | $3.74 Billion | $20.39 Billion | ▲ +5.6 pp |
| 2020 | 58.1% | $9.46 Billion | $3.96 Billion | $20.07 Billion | ▲ +11.5 pp |
| 2019 | 46.6% | $7.56 Billion | $4.03 Billion | $18.02 Billion | ▲ +2.6 pp |
| 2018 | 44.1% | $6.99 Billion | $3.91 Billion | $16.19 Billion | ▲ +8.6 pp |
| 2017 | 35.4% | $6.72 Billion | $4.34 Billion | $16.57 Billion | ▼ -3.0 pp |
| 2016 | 38.4% | $5.52 Billion | $3.40 Billion | $14.25 Billion | ▲ +3.0 pp |
| 2015 | 35.4% | $5.14 Billion | $3.32 Billion | $14.29 Billion | ▼ -12.6 pp |
| 2014 | 48.0% | $2.84 Billion | $1.48 Billion | $7.30 Billion | ▲ +11.4 pp |
| 2013 | 36.6% | $2.48 Billion | $1.57 Billion | $6.95 Billion | ▼ -2.8 pp |
| 2012 | 39.4% | $2.75 Billion | $1.67 Billion | $6.81 Billion | ▲ +3.6 pp |
| 2011 | 35.8% | $2.52 Billion | $1.62 Billion | $6.17 Billion | ▼ -0.7 pp |
| 2010 | 36.5% | $2.63 Billion | $1.67 Billion | $6.19 Billion | ▼ -3.8 pp |
| 2009 | 40.3% | $2.25 Billion | $1.34 Billion | $4.86 Billion | ▲ +7.9 pp |
| 2008 | 32.4% | $1.81 Billion | $1.22 Billion | $4.67 Billion | ▼ -32.0 pp |
| 2007 | 64.4% | $1.73 Billion | $613.40 Million | $4.37 Billion | ▼ -4.7 pp |
| 2006 | 69.1% | $1.98 Billion | $610.20 Million | $4.00 Billion | ▲ +81.7 pp |
| 2005 | -12.6% | $1.89 Billion | $2.12 Billion | $3.88 Billion | ▼ -18.5 pp |
| 2004 | 5.9% | $1.97 Billion | $1.86 Billion | $3.60 Billion | ▲ +3.9 pp |
| 2003 | 2.0% | $1.90 Billion | $1.86 Billion | $3.41 Billion | ▼ -23.9 pp |
| 2002 | 25.9% | $1.64 Billion | $1.22 Billion | $2.61 Billion | ▲ +15.1 pp |
| 2001 | 10.8% | $1.09 Billion | $968.50 Million | $1.93 Billion | ▲ +9.4 pp |
| 2000 | 1.3% | $877.40 Million | $865.70 Million | $1.67 Billion | ▲ +10.8 pp |
| 1999 | -9.5% | $734.20 Million | $803.90 Million | $1.59 Billion | ▲ +13.3 pp |
| 1998 | -22.8% | $681.20 Million | $836.20 Million | $1.64 Billion | ▲ +12.4 pp |
| 1997 | -35.1% | $630.00 Million | $851.30 Million | $1.66 Billion | ▲ +210.1 pp |
| 1996 | -245.3% | $258.10 Million | $891.10 Million | $1.92 Billion | ▼ -122.5 pp |
| 1995 | -122.7% | $411.60 Million | $916.70 Million | $1.84 Billion | ▲ +109.8 pp |
| 1994 | -232.5% | $166.00 Million | $551.90 Million | $1.01 Billion | ▼ -132.5 pp |
| 1993 | -99.9% | $140.80 Million | $281.50 Million | $585.50 Million | ▼ -111.3 pp |
| 1992 | 11.4% | $212.50 Million | $188.30 Million | $477.40 Million | ▼ -30.2 pp |
| 1991 | 41.6% | $330.80 Million | $193.10 Million | $411.30 Million | ▼ -58.4 pp |
| 1990 | 100.0% | $256.70 Million | $0.00 | $374.20 Million | ▲ +0.0 pp |
| 1989 | 100.0% | $330.00 Million | $0.00 | $368.20 Million | — |