Business Description
Charles River Laboratories International, Inc. operates as a contract research organization (CRO), providing essential preclinical services to the pharmaceutical and biotechnology industries. Its core business revolves around assisting clients with drug discovery, non-clinical development, and thorough safety testing, with its services extending globally across the United States, Europe, Canada, and the Asia Pacific region. The company organizes its diverse offerings into three principal segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions. 1. Research Models and Services (RMS): This division is a key supplier of high-quality rodent research models, including specially bred strains of rats and mice for experimental purposes. It also offers a comprehensive array of support services to help clients effectively utilize these models in their research and for the screening of potential non-clinical drug candidates. These include providing genetically engineered models, insourcing solutions for facility management, and diagnostic services for research animals. 2. Discovery and Safety Assessment (DSA): The DSA segment plays a crucial role in advancing early-stage drug pipelines. It delivers early-phase and in vivo discovery services focused on identifying and validating new therapeutic targets, chemical compounds, and antibodies. The ultimate goal is to prepare promising non-clinical drug and therapeutic candidates for subsequent safety evaluations. Additionally, this segment provides an extensive range of safety assessment services, such as toxicology, pathology, safety pharmacology, bioanalysis, drug metabolism studies, and pharmacokinetics. 3. Manufacturing Solutions: This segment addresses critical quality control requirements by offering in vitro methods for both routine and rapid testing of the quality of sterile and non-sterile pharmaceuticals, as well as consumer products. It also serves as a vital provider of specialized biologics testing, which is often outsourced by pharmaceutical and biotechnology companies. Furthermore, the segment supplies avian vaccine services, including specific-pathogen-free (SPF) fertile chicken eggs, SPF chickens, and diagnostic products, all essential for vaccine production. Beyond these specialized segments, Charles River also manages contract vivarium operations, providing crucial animal housing and care facilities for its biopharmaceutical clients. The company was founded in 1947 and is headquartered in Wilmington, Massachusetts.
Business History
Price Overview
Last updated: Jun 28, 2026 5:23am (just now)Price History (1 Year)
Revenue & Net Income Trend
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
EPS (Diluted): -2.91
Total Equity: $3.16B
Shares: 49,564,000
Total Debt: $2.61B
Cash: $213.77M
EBITDA: $410.84M
Total Debt: $2.61B
Cash: $213.77M
Revenue: $4.02B
Shares: 49,564,000
Revenue: $4.02B
Revenue: $4.02B
Revenue: $4.02B
Total Equity: $3.16B
Tax Rate: -42.9%
Equity: $3.16B
Total Debt: $2.61B
Cash: $213.77M
Current Liabilities: $1.12B
Long-Term Debt: $2.55B
Total Debt: $2.61B
Total Equity: $3.16B
Shares: 49,564,000
Shares: 49,564,000
CapEx: -$219.15M
Shares: 49,564,000
Stock Price: $215.75
Net Income: -$144.34M
Industry Benchmarks
Deep Analysis
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Income Statement (Annual)
Last updated: Jun 28, 2026 5:23am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $3.5B | $4.0B | $4.1B | $4.0B | $4.0B |
| Cost of Revenue | $2.2B | $2.5B | $2.6B | $2.7B | $2.8B |
| Gross Profit | $1.3B | $1.5B | $1.5B | $1.3B | $1.2B |
| Operating Expenses | $744.8M | $811.7M | $885.3M | $1.1B | $717.7M |
| Operating Income | $589.9M | $651.0M | $617.3M | $227.3M | $507.8M |
| Net Income | $391.0M | $486.2M | $474.6M | $10.3M | -$144.3M |
| EBITDA | $820.2M | $986.1M | $1.0B | $581.1M | $410.8M |
| EPS | $7.77 | $9.57 | $9.27 | $0.20 | $-2.91 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 28, 2026 5:23am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $245.2M | $233.9M | $276.8M | $194.6M | $213.8M |
| Total Current Assets | $1.3B | $1.4B | $1.6B | $1.4B | $1.4B |
| Total Assets | $7.0B | $7.6B | $8.2B | $7.5B | $7.1B |
| Current Liabilities | $1.0B | $1.1B | $1.1B | $994.1M | $1.1B |
| Long-Term Debt | $2.9B | $2.7B | $2.6B | $2.2B | $2.5B |
| Total Liabilities | $4.4B | $4.6B | $4.5B | $4.0B | $3.9B |
| Total Equity | $2.5B | $3.0B | $3.6B | $3.5B | $3.2B |
| Retained Earnings | $980.8M | $1.4B | $1.9B | $1.8B | $1.4B |
Cash Flow (Annual)
Last updated: Jun 28, 2026 5:23am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $760.8M | $619.6M | $683.9M | $734.6M | $737.6M |
| Capital Expenditure | -$228.8M | -$324.7M | -$318.5M | -$233.0M | -$219.2M |
| Free Cash Flow | $532.0M | $294.9M | $365.4M | $501.6M | $518.5M |
| Acquisitions (net) | -$1.2B | -$120.1M | -$194.8M | -$5.5M | $17.4M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | -$40.7M | -$38.7M | -$24.2M | -$119.2M | -$360.7M |
| Net Change in Cash | $13.2M | -$5.1M | $43.3M | -$78.9M | $10.4M |
Analyst Estimates (Annual)
Last updated: Jun 28, 2026 5:23am (just now)| Metric | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|
| Revenue |
$3.9B $3.9B – $4.0B
|
$4.1B $4.1B – $4.1B
|
$4.3B $4.2B – $4.3B
|
$4.3B $4.2B – $4.3B
|
| EBITDA |
$764.3M $754.5M – $784.0M
|
$798.2M $796.8M – $799.6M
|
$829.4M $820.2M – $845.4M
|
$829.5M $820.3M – $845.5M
|
| Net Income |
$607.4M $590.2M – $624.6M
|
$447.0M $434.6M – $816.7M
|
$724.0M $713.5M – $742.1M
|
$758.3M $747.4M – $777.3M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 28, 2026 5:23am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +12.3% | +3.9% | -1.9% | -0.9% |
| Gross Profit Growth | +9.6% | +2.7% | -11.4% | -8.0% |
| Operating Income Growth | +10.4% | -5.2% | -63.2% | +123.4% |
| Net Income Growth | +24.4% | -2.4% | -97.8% | -1,501.7% |
| EBITDA Growth | +20.2% | +4.7% | -43.7% | -29.3% |
Insider Trading (Recent)
All SEC Form 4 codes
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-06-05 | FOSTER JAMES C | G-Gift | 153,361.00 | $0.00 | $0 |
| 2026-06-05 | FOSTER JAMES C | G-Gift | 153,361.00 | $0.00 | $0 |
| 2026-06-05 | FOSTER JAMES C | G-Gift | 20,000.00 | $0.00 | $0 |
| 2026-06-05 | FOSTER JAMES C | G-Gift | 20,000.00 | $0.00 | $0 |
| 2026-06-05 | FOSTER JAMES C | G-Gift | 10,000.00 | $0.00 | $0 |
| 2026-06-05 | FOSTER JAMES C | G-Gift | 10,000.00 | $0.00 | $0 |
| 2026-06-05 | Girshick Birgit | G-Gift | 3,386.00 | $0.00 | $0 |
| 2026-06-05 | Girshick Birgit | G-Gift | 3,386.00 | $0.00 | $0 |
| 2026-06-05 | Parisotto Shannon M | G-Gift | 1,529.00 | $0.00 | $0 |
| 2026-06-05 | Parisotto Shannon M | G-Gift | 1,529.00 | $0.00 | $0 |
| 2026-06-02 | Barg Steven | A-Award | 422.00 | $174.79 | $73,761 |
| 2026-05-29 | Coleman Glenn | A-Award | 6,640.00 | $180.71 | $1.2M |
| 2026-05-29 | Mintz Mark | A-Award | 2,534.00 | $180.71 | $457,919 |
| 2026-05-30 | Mintz Mark | F-InKind | 305.00 | $180.71 | $55,117 |
| 2026-05-31 | Mintz Mark | F-InKind | 64.00 | $180.71 | $11,565 |
| 2026-05-29 | LaPlume Joseph W | A-Award | 5,257.00 | $180.71 | $949,992 |
| 2026-05-30 | LaPlume Joseph W | F-InKind | 744.00 | $180.71 | $134,448 |
| 2026-05-31 | LaPlume Joseph W | F-InKind | 235.00 | $180.71 | $42,467 |
| 2026-05-29 | Knell Michael Gunnar | A-Award | 1,837.00 | $180.71 | $331,964 |
| 2026-05-30 | Knell Michael Gunnar | F-InKind | 152.00 | $180.71 | $27,468 |
Narrative Economics
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