CRL · NYSE · Medical - Diagnostics & Research

Charles River Laboratories (CRL)

Provider of research models, nonclinical drug-development services, and manufacturing quality-control testing.

$289.34
vs last close+10.33 (+3.70%)
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Charles River Laboratories International, Inc.CRL
Health Care

Sells research models and related services, performs outsourced discovery and regulated nonclinical safety studies, and supplies microbial and biologics quality-control testing. Most revenue comes from services, with the portfolio now refocused on regulated testing after divesting CDMO, Cell Solutions, and selected European discovery operations.

Supplies research models and related services, runs outsourced discovery and safety studies, and provides manufacturing quality-control testing across its reporting segments: Research Models and Services, Discovery and Safety Assessment, and Manufacturing Solutions. The latter houses Microbial Solutions and Biologics Testing Solutions following recent divestitures of CDMO, Cell Solutions, and selected European discovery sites.

Serves pharmaceutical and biotechnology companies, government agencies, hospitals, and academic institutions through operations spanning North America, Europe, and Asia. Controlled model production, animal-health monitoring, regulated study execution, bioanalysis, and microbial and biologics testing let clients outsource work from early discovery through nonclinical development and product release.

Animal-welfare and laboratory regulations govern much of the work, while safety-assessment capacity depends partly on a compliant, timely supply of non-human primates.

Company facts

CEOBirgit Girshick
ListedJun 23, 2000
ExchangeNYSE
HeadquartersWilmington, MA
CountryUnited States
Employees19,700
CIK0001100682
ISINUS1598641074

Market cap$13.44B
EPS (ttm)−$4.85
P/E (ttm)−57.53
ROE-7.7%
P/B4.73
P/S3.36
Dividend yieldDiv yield
Beta1.28vs XLV 1.14

Price target$291.00+4.3%Average of 37 analysts
ConsensusBuy27 of 37 analysts
Ratings

Target rangeAs of Sep 21, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Sep 17, 2026Argus ResearchTarget
Target: $200
Target: $330
Sep 11, 2026Evercore ISIReiterate
Rating: Target: $220
Rating: OutperformTarget: $320
Aug 10, 2026Piper SandlerTarget
Target:
Target: $300
Aug 10, 2026Mizuho SecuritiesTarget
Target: $230
Target: $264
Aug 7, 2026Morgan StanleyReiterate
Rating: Target: $260
Rating: OverweightTarget: $300

Next report
Nov 4, 26
in 43 days
EPS estimate
$2.96
Revenue estimate
$958.3M
Fiscal quarter
Q3 FY26

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$2.66$2.34$3.12$2.43$2.39$2.06$3.02Pending
Estimate$2.50$2.06$2.50$2.32$2.33$1.96$2.74$2.96
Surprise+6.4%+13.6%+24.8%+4.7%+2.6%+5.1%+10.2%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$1.00B$984.2M$1.03B$1.00B$994.2M$995.8M$1.00BPending
Estimate$948.2M$958.8M$968.9M$987.2M$987.0M$977.5M$977.2M$958.3M
Surprise+5.7%+2.6%+6.5%+1.8%+0.7%+1.9%+2.8%
Estimate$2.96
ReportedDue Nov 4, 2026
Estimate$958.3M
ReportedDue Nov 4, 2026
View details

Debt to equity106.60%
Current ratio134.80%

ProfitabilityRevenueNet incomeNet margin

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.01B$1.00B$984.2M$1.03B$1.00B$994.2M$995.8M$1.00B
Net income$68.7M−$215.7M$25.5M$52.3M$54.4M−$276.6M−$14.8M−$1.5M
Net margin6.8%0.0%2.6%5.1%5.4%0.0%0.0%0.0%

GrowthOperating income

Q3 FY24Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Operating income$117.4M−$167.7M$74.7M$100.1M$133.8M$120.2M$119.9M$119.9M
YoY growth−22.5%Turned loss−40.7%−34.0%+14.0%Turned profit+60.6%+19.7%

Balance sheet, Jun 27, 2026Cash & short-term investments $192.0M · Total debt $3.03B · Total assets $7.53B · Shareholders' equity $2.84B

Revenue
$1.00B
Operating income
$119.9M
Net income
−$1.5M
View details

No dividends on record.

Institutions120.05%57.31M shares
584 holders · as of Jun 30, 2026
Insiders1.10%524.3K shares
22 holders · as of Aug 27, 2026
Adds to121.15%

47.74M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

These groups come from separate filings that can overlap, so they add to 121.15%; nothing is left for Other.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
FMR LLCInstitution
8.88%4.24Mas of Jun 30, 2026
BlackRock, Inc.Institution
7.96%3.80Mas of Jun 30, 2026
Vanguard Capital Management LLCInstitution
6.60%3.15Mas of Jun 30, 2026
Invesco Ltd.Institution
6.25%2.98Mas of Jun 30, 2026
Harris Associates L PInstitution
4.69%2.24Mas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 25, 2026James C. Fosterdirector−33,561$300.00
Aug 19, 2026Shannon M. Parisottoofficer: CEVP, Disc & Safety Assessment−2,039$294.12
Aug 18, 2026Nancy C. Andrewsdirector−573$285.24
Aug 11, 2026Shannon M. Parisottoofficer: CEVP, Disc & Safety Assessment−3,714$279.66
Aug 11, 2026Birgit Girshickdirector, officer: Chief Executive Officer−6,500$279.90
View details

  • Labcorp

    Central labs and nonclinical services overlap CRL's DSA workflow.

  • Thermo Fisher Scientific

    Broad overlap in CRO, lab services, instruments, and microbiology QC.

  • IQVIA

    Clinical, lab, and discovery-services overlap around biopharma R&D.

Compare

CompanyPriceChange
Charles River Laboratories$289.34+3.70%$13.44B23.53.4−2.7%
Labcorp$314.28−2.09%$26.32B26.616.61.8+5.8%
Thermo Fisher Scientific$658.54−0.03%$244.81B35.425.15.3+10.5%
IQVIA$270.92+0.39%$44.42B33.519.92.6+8.7%
Median33.519.92.6+8.7%