Financial Statements

Laboratory Corporation of America H... (LH)

$242.87

-4.16 (-1.68%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 9,4027,9047,0806,224-
Net Income 2,3771,5568248841,268
Stock Dividends -1,323-57--284,956
Dividend Paid -----
Retained Earnings 10,4569,4027,9047,0806,224

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 2,7302,6371,7851,749-
Annual Depreciation 5464751,2524162,064
Capital Expenditure -460-382-400-380-315
Net PPE 2,8152,7302,6371,7851,749

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -7,5307,3607,8657,752
New Purchases ---28-40-28
Intangible and Goodwill 7,5307,3607,8657,7527,959

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.