CRL Stock - Charles River Laboratories International, Inc.
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Financial Statements
| Metric | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Revenue | $4.05B | $4.13B | $3.98B | $3.54B | $2.92B |
| Gross Profit | $1.33B | $1.50B | $1.46B | $1.33B | $1.07B |
| Gross Margin | 32.9% | 36.4% | 36.8% | 37.7% | 36.7% |
| Operating Income | $227.35M | $617.26M | $650.98M | $589.86M | $432.73M |
| Net Income | $10.30M | $474.62M | $486.23M | $390.98M | $364.30M |
| Net Margin | 0.3% | 11.5% | 12.2% | 11.0% | 12.5% |
| EPS | $0.20 | $9.27 | $9.57 | $7.77 | $7.35 |
Charles River Laboratories International, Inc., a non-clinical contract research organization, provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). The RMS segment produces and sells rodent research model strains and purpose-bred rats and mice for use by researchers. This segment also provides a range of services to assist its clients in supporting the use of research models in research and screening non-clinical drug candidates, including research models, genetically engineered models and services, insourcing solutions, and research animal diagnostic services. The DSA segment offers early and in vivo discovery services for the identification and validation of novel targets, chemical compounds, and antibodies through delivery of non-clinical drug and therapeutic candidates ready for safety assessment; and safety assessment services, such as toxicology, pathology, safety pharmacology, bioanalysis, drug metabolism, and pharmacokinetics services. The Manufacturing segment provides in vitro methods for conventional and rapid quality control testing of sterile and non-sterile pharmaceuticals and consumer products. This segment also offers specialized testing of biologics that are outsourced by pharmaceutical and biotechnology companies; and avian vaccine services that provide specific-pathogen-free (SPF) fertile chicken eggs, SPF chickens, and diagnostic products used to manufacture vaccines. The company also provides contract vivarium operation services to biopharmaceutical clients. Charles River Laboratories International, Inc. was founded in 1947 and is headquartered in Wilmington, Massachusetts.
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Price Targets
Recent Analyst Actions
| Date | Firm | Action | Rating | Price Target |
|---|---|---|---|---|
| December 15th 2025 | BofA Securities | Upgrade | Buy | $225 |
| November 17th 2025 | Argus | Upgrade | Buy | - |
| November 6th 2025 | Robert W. Baird | Upgrade | Outperform | $199 |
| October 6th 2025 | William Blair | Upgrade | Outperform | - |
| October 2nd 2025 | Barclays | Upgrade | Overweight | $195 |
| September 9th 2025 | Jefferies | Upgrade | Buy | $195 |
| July 9th 2025 | Citigroup | Upgrade | Buy | $200 |
| May 23rd 2025 | Redburn Atlantic | Upgrade | Buy | $182 |
| May 14th 2025 | TD Cowen | Upgrade | Buy | $179 |
| May 8th 2025 | Evercore ISI | Upgrade | Outperform | $170 |
| March 21st 2025 | Goldman | Downgrade | Neutral | $170← $190 |
| March 4th 2025 | Citigroup | Upgrade | Neutral | $175← $155 |
| March 3rd 2025 | Redburn Atlantic | Upgrade | Neutral | $188 |
| January 22nd 2025 | William Blair | Downgrade | Market Perform | - |
| January 17th 2025 | UBS | Downgrade | Neutral | $185← $250 |
Earnings History & Surprises
CRLEPS Surprise History
Quarterly EPS Details
| Period | Report Date | Estimated EPS | Actual EPS | Surprise | Result |
|---|---|---|---|---|---|
Q2 2026 | May 5, 2026 | — | — | — | — |
Q1 2026 | Feb 18, 2026 | $2.33 | — | — | — |
Q4 2025 | Nov 5, 2025 | $2.32 | $2.43 | +4.7% | ✓ BEAT |
Q3 2025 | Aug 6, 2025 | $2.50 | $3.12 | +24.8% | ✓ BEAT |
Q2 2025 | May 7, 2025 | $2.06 | $2.34 | +13.6% | ✓ BEAT |
Q1 2025 | Feb 19, 2025 | $2.50 | $2.66 | +6.4% | ✓ BEAT |
Q4 2024 | Nov 6, 2024 | $2.42 | $2.59 | +7.0% | ✓ BEAT |
Q3 2024 | Aug 7, 2024 | $2.39 | $2.80 | +17.2% | ✓ BEAT |
Q2 2024 | May 9, 2024 | $2.06 | $2.27 | +10.2% | ✓ BEAT |
Q1 2024 | Feb 14, 2024 | $2.39 | $2.46 | +2.9% | ✓ BEAT |
Q4 2023 | Nov 8, 2023 | $2.35 | $2.72 | +15.7% | ✓ BEAT |
Q3 2023 | Aug 9, 2023 | $2.63 | $2.69 | +2.3% | ✓ BEAT |
Q2 2023 | May 11, 2023 | $2.59 | $2.78 | +7.3% | ✓ BEAT |
Q1 2023 | Feb 22, 2023 | $2.75 | $2.98 | +8.4% | ✓ BEAT |
Q4 2022 | Nov 2, 2022 | $2.51 | $2.63 | +4.8% | ✓ BEAT |
Q3 2022 | Aug 3, 2022 | $2.73 | $2.77 | +1.5% | ✓ BEAT |
Q2 2022 | May 4, 2022 | $2.71 | $2.75 | +1.5% | ✓ BEAT |
Q1 2022 | Feb 16, 2022 | $2.43 | $2.49 | +2.5% | ✓ BEAT |
Q4 2021 | Nov 3, 2021 | $2.57 | $2.70 | +5.1% | ✓ BEAT |
Q3 2021 | Aug 4, 2021 | $2.39 | $2.61 | +9.2% | ✓ BEAT |
Latest News
Mizuho Maintains Neutral on Charles River, Raises Price Target to $200
➖ NeutralBarclays Maintains Overweight on Charles River, Raises Price Target to $215
📈 PositiveJP Morgan Maintains Neutral on Charles River, Raises Price Target to $190
➖ NeutralFinancial Times Reported FDA To End Requirement For Lab Monkeys In Some Drug Safety Studies
➖ Neutral'CDC to end all monkey research; Studies Related To HIV And Other Infectious Diseases Will Be Phased Out, Sources Say; Fate Of The Agency's Animals Remains Unclear'- Science
📉 NegativeMorgan Stanley Maintains Equal-Weight on Charles River, Raises Price Target to $185
📈 PositiveTD Cowen Maintains Buy on Charles River, Lowers Price Target to $197
➖ NeutralJP Morgan Maintains Neutral on Charles River, Raises Price Target to $165
➖ NeutralBarclays Maintains Overweight on Charles River, Raises Price Target to $210
📈 PositiveBaird Upgrades Charles River to Outperform, Raises Price Target to $199
📈 PositiveCharles River Raises FY2025 Adj EPS Guidance from $9.90-$10.30 to $10.10-$10.30 vs $10.19 Est; Lowers FY2025 Sales Guidance from $3.949B-$4.030B to $3.848B-$3.989B vs $3.991B Est
➖ NeutralCharles River Lowers FY2025 GAAP EPS Guidance from $4.25-$4.65 to $4.15-$4.35 vs $4.57 Est
📉 NegativeCharles River Laboratories Expects To Sell Certain Non-Core Businesses To Focus On More Profitable Growth Opportunities, Representing ~7% Of 2025 Estimated Revenue, The Proposed Divestitures Are Expected To Result In Adj. EPS Accretion Of At Least $0.30 On An Annualized Basis
📈 PositiveCharles River Q3 Adj. EPS $2.43 Beats $2.34 Estimate, Sales $1.005B Beat $990.769M Estimate
📈 PositiveCharles River Associates Increases Its Quarterly Cash Dividend From $0.49 To $0.57 Per Common Share
📈 PositiveCharles River Laboratories And The Francis Crick Institute Enters Collaboration To Advance Antibody-Drug Conjugate Drug Discovery And Development
📈 PositiveCharles River Announces Strategic Collaboration With X-Chem To Enhance Hit Identification Capabilities And Accelerate Discovery Of Novel Therapeutics
📈 PositiveMizuho Maintains Neutral on Charles River, Raises Price Target to $174
➖ NeutralEarlier Today: Charles River And Toxys Collaborate To Offer ReproTracker Assay For Rapid Developmental Toxicity Testing
📈 PositiveWilliam Blair Upgrades Charles River to Outperform
📈 PositiveFrequently Asked Questions about CRL
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