Financial Statements

Laboratory Corporation of America H... (LH)

$217.22

+0.24 (+0.11%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands , Years are calendar years not fiscal years

Retained Earning Schedule

Year 2022 2021 2020 2019 2018
Retained Earnings (Previous Year) 10,4579,4027,9047,080-
Net Income 1,2792,3771,556824884
Stock Dividends -959-1,323-57-6,196
Dividend Paid -195----
Retained Earnings 10,58210,4579,4027,9047,080

PPE Schedule

Year 2022 2021 2020 2019 2018
Gross PPE 2,8152,7302,6371,785-
Annual Depreciation 6235464751,2522,165
Capital Expenditure -482-460-382-400-380
Net PPE 2,9562,8152,7302,6371,785

Intangible and Goodwill Schedule

Year 2022 2021 2020 2019 2018
Intangible and Goodwill (Previous Year) -7,3607,8657,7527,959
New Purchases --28-40-28-17
Intangible and Goodwill 7,3607,8657,7527,9598,121

Laboratory Corporation of America Holdings income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes Laboratory Corporation of America Holdings FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.