Company Analysis

Labcorp Holdings Inc. (LH)

NYSE: LH · Services-Medical Laboratories · Burlington, NC · filing with the SEC since 1994
Grade5.7
◀ Past 5.5● Present 6.6▶ Future 4.8

Income statement, as filed

In millions of US dollars (USD), as filed; per-share figures in US dollars; share counts in millions. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2021FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 24, 2026Feb 25, 2025Feb 26, 2024Feb 28, 2023Feb 25, 2022Feb 25, 2021Feb 28, 2020Feb 28, 2019Feb 27, 2018Feb 27, 2017
Revenue13,951.713,008.912,161.611,863.9r13,136.1r13,978.511,554.811,333.410,308.0r9,552.9r
Cost of revenue9,939.29,384.58,796.78,155.0r8,143.7r9,025.78,302.38,157.07,216.2r6,698.9r
Gross profit4,012.53,624.43,364.93,708.9r4,992.4r4,952.83,252.53,176.43,091.8r2,854.0r
Selling, general and administrative2,216.32,230.02,021.41,763.1r1,690.3r1,729.31,624.51,570.91,499.2r1,345.5r
Operating income1,384.71,086.7725.61,436.5r3,048.6r2,445.41,330.21,325.71,305.2r1,270.6r
Interest expense224.1208.3199.6179.8r211.8r207.4240.7244.2235.1219.1
Interest and investment income15.222.328.87.5r8.8r10.38.87.52.11.7
Share of profit of equity-method investments-13.3-1.4-1.45.426.52.99.811.611.37.9
Other income (expense), net-55.060.215.5-32.2r15.5r-32.1-3.2167.7-6.0r12.5r
Total non-operating income (expense)·····-226.3-225.3-57.4-227.7r-197.0r
Income tax expense229.8212.4188.5233.9r690.0r662.1280.0384.4-155.4r360.7r
Income from continuing operations877.7747.1380.41,003.52,197.6·····
Income from discontinued operations0.00.038.8277.1181.9·····
Net income including non-controlling interests877.7747.1419.21,280.62,379.51,557.0824.9883.91,232.9r712.9r
Net income to non-controlling interests1.21.11.21.52.20.91.10.25.81.1
Net income876.5746.0418.01,279.12,377.31,556.1823.8883.71,227.1r711.8r
Earnings per share, basic10.548.894.8014.0524.6015.998.428.7111.99r6.94r
Earnings per share, diluted10.468.844.7713.9724.3915.888.358.6111.81r6.82r
Weighted average shares, basic83.283.987.191.196.797.397.9101.4102.4102.5
Weighted average shares, diluted83.884.487.691.697.598.098.6102.6103.9104.3
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpense
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
Share of profit of equity-method investments its share of companies it partly ownsus-gaap:IncomeLossFromEquityMethodInvestments
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton LH · research, not advice