Financials in USD. Standardized financial statements.
A compact view of how Labcorp Holdings Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $13.95B | $13.01B | $12.16B | $11.86B | $13.14B | $13.98B | $11.55B | $11.33B | $10.44B | $9.64B |
| Revenue Growth? | +7.2% | +7.0% | +2.5% | -9.7% | -6.0% | +21.0% | +2.0% | +8.5% | +8.3% | 0.0% |
| Cost of Revenue? | $10.22B | $9.38B | $8.80B | $8.15B | $8.14B | $9.03B | $8.30B | $8.16B | $6.98B | $6.46B |
| Gross Profit? | $3.73B | $3.62B | $3.36B | $3.71B | $4.99B | $4.95B | $3.25B | $3.18B | $3.46B | $3.18B |
| Gross Margin? | +26.8% | +27.9% | +27.7% | +31.3% | +38.0% | +35.4% | +28.1% | +28.0% | +33.2% | +33.0% |
| Operating Expenses? | $2.22B | $2.54B | $2.64B | $2.27B | $1.94B | $2.51B | $1.87B | $1.80B | $2.03B | $1.81B |
| Operating Income? | $1.52B | $1.09B | $725.60M | $1.44B | $3.05B | $2.45B | $1.33B | $1.33B | $1.36B | $1.31B |
| EBITDA? | $2.01B | $1.81B | $1.35B | $1.95B | $3.68B | $3.25B | $2.12B | $2.06B | $1.85B | $1.81B |
| Income Before Tax | $1.11B | $959.50M | $568.90M | $1.24B | $2.89B | $2.22B | $1.10B | $1.27B | $1.13B | $1.11B |
| Income Tax Expense | $229.80M | $212.40M | $188.50M | $233.90M | $690.00M | $662.10M | $280.00M | $384.40M | -$139.10M | $372.30M |
| Net Income? | $876.50M | $746.00M | $418.00M | $1.28B | $2.38B | $1.56B | $823.80M | $883.70M | $1.27B | $732.10M |
| EPS? | $10.54 | $8.89 | $4.80 | $14.04 | $24.58 | $15.99 | $8.41 | $8.71 | $12.39 | $7.14 |
| Diluted EPS? | $10.46 | $8.84 | $4.77 | $13.96 | $24.38 | $15.88 | $8.36 | $8.61 | $12.21 | $7.02 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality