Labcorp Holdings Inc. (LH) — Financial statements
Income statement, balance sheet, and cash flow for Labcorp Holdings Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 13,952↑7.2% | 13,009↑7.0% | 12,162↑2.5% | 11,864↓9.7% | 13,136 | |
| Cost of Revenue | 10,219↑8.9% | 9,385↑6.7% | 8,797↑7.9% | 8,155↑0.1% | 8,144 | |
| Gross Profit | 3,733↑3.0% | 3,624↑7.7% | 3,365↓9.3% | 3,709↓25.7% | 4,992 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00↓100.0% | 2 | 0.00 | 0.00 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 2,216↓0.6% | 2,230↑10.3% | 2,021↑1.2% | 1,997↑18.1% | 1,690 | |
| Other Expenses | 0.00↓100.0% | 308↓50.0% | 616↑123.3% | 276↑8.8% | 254 | |
| Operating Expenses | 2,216↓12.7% | 2,538↓3.8% | 2,639↑16.1% | 2,272↑16.9% | 1,944 | |
| Total Costs & Expenses | 12,436↑4.3% | 11,922↑4.3% | 11,436↑9.7% | 10,427↑3.4% | 10,088 | |
| Operating Results | ||||||
| Operating Income | 1,516↑39.5% | 1,087↑49.8% | 726↓49.5% | 1,437↓52.9% | 3,049 | |
| Depreciation & Amortization | 681↑5.8% | 644↑11.5% | 577↑7.5% | 537↓6.9% | 577 | |
| EBITDA | 2,013↑11.1% | 1,811↑34.2% | 1,349↓31.0% | 1,954↓46.8% | 3,676 | |
| EBIT | 1,332↑14.0% | 1,168↑52.0% | 769↓45.8% | 1,417↓54.3% | 3,099 | |
| Interest & Other Income | ||||||
| Net Interest Income | -209↓0.3% | -208↓4.4% | -200↓11.0% | -180↑15.1% | -212 | |
| Interest Income | 15 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 224↑7.6% | 208↑4.4% | 200↑11.0% | 180↓15.1% | 212 | |
| Non-Operating Income | 185↑327.6% | -81↓89.0% | -43↓322.3% | 19↑138.0% | -51 | |
| Other Income / Expenses | -409↓221.3% | -127↑18.8% | -157↑21.3% | -199↓23.7% | -161 | |
| Income Before Tax | 1,108↑15.4% | 960↑68.7% | 569↓54.0% | 1,237↓57.1% | 2,888 | |
| Income Tax Expense | 230↑8.2% | 212↑12.7% | 189↓19.4% | 234↓66.1% | 690 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 878↑17.5% | 747↑96.4% | 380↓62.1% | 1,004↓54.3% | 2,198 | |
| Net Income from Discontinued Operations | 0.00 | 0.00↓100.0% | 39↓86.0% | 277↑52.3% | 182 | |
| Net Income | 877↑17.5% | 746↑78.5% | 418↓67.3% | 1,279↓46.2% | 2,377 | |
| Bottom-Line Net Income | 877↑17.5% | 746↑78.5% | 418↓67.3% | 1,279↓46.2% | 2,377 | |
| EPS (Basic) | 10.54↑18.6% | 8.89↑85.2% | 4.80↓65.8% | 14.04↓42.9% | 24.58 | |
| EPS (Diluted) | 10.46↑18.3% | 8.84↑85.3% | 4.77↓65.8% | 13.96↓42.7% | 24.38 | |
| Weighted Average Shares | 83↓0.8% | 84↓3.7% | 87↓4.4% | 91↓5.8% | 97 | |
| Weighted Average Diluted Shares | 84↓0.7% | 84↓3.7% | 88↓4.4% | 92↓6.1% | 98 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.