LABCORP HOLDINGS INC.
LABCORP HOLDINGS INC.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Deferred Revenue Revenue Recognized1 | - | - | - | - | - | - | - | - | - | 79 | - | - | |||||
Cash And Cash Equivalents At Carrying Value | 981 | 532 | 598 | 647 | 369 | 1,519 | 1,517 | 265 | 99 | 537 | 728 | 1,931 | |||||
Allowance For Doubtful Accounts Receivable | - | - | - | - | - | - | 39 | 34 | 34 | - | 33 | 31 | |||||
Accounts Receivable Net Current | 2,289 | 2,104 | 2,109 | 2,121 | 2,123 | 1,944 | 2,059 | 2,089 | 2,084 | 1,913 | 1,957 | 1,905 | |||||
Unbilled Contracts Receivable | 162 | 157 | 156 | 156 | 151 | 153 | 166 | 158 | 120 | 185 | 108 | 138 | |||||
Inventory Net | 498 | 535 | 522 | 508 | 488 | 493 | 483 | 442 | 475 | 475 | 461 | 488 | |||||
Prepaid Expense And Other Assets Current | 630 | 693 | 694 | 655 | 658 | 698 | 685 | 618 | 678 | 655 | 700 | 660 | |||||
Assets Current | 4,559 | 4,021 | 4,079 | 4,087 | 3,790 | 4,807 | 4,910 | 3,571 | 3,457 | 3,765 | 3,954 | 5,121 | |||||
Assets Of Disposal Group Including Discontinued Op… | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Property Plant And Equipment Net | 3,066 | 3,082 | 3,113 | 3,134 | 3,091 | 3,045 | 3,050 | 2,933 | 2,898 | 2,912 | 2,821 | 2,762 | |||||
Goodwill | 6,955 | 6,790 | 6,682 | 6,551 | 6,421 | 6,370 | 6,482 | 6,220 | 6,219 | 6,143 | 6,332 | 6,182 | |||||
Intangible Assets Net Excluding Goodwill | 3,636 | 3,596 | 3,571 | 3,494 | 3,487 | 3,489 | 3,541 | 3,332 | 3,394 | 3,342 | 3,276 | 3,154 | |||||
Investments In Affiliates Subsidiaries Associates … | 147 | 154 | 168 | 160 | 168 | 16 | 17 | 18 | 18 | 27 | 40 | 67 | |||||
Deferred Income Taxes And Other Assets Current | - | - | - | - | - | - | - | - | - | - | 8 | 6 | |||||
Other Assets Noncurrent | 725 | 751 | 648 | 633 | 647 | 652 | 613 | 639 | 546 | 537 | 457 | 426 | |||||
Assets | 19,087 | 18,393 | 18,262 | 18,060 | 17,604 | 18,379 | 18,613 | 16,712 | 16,531 | 16,725 | 16,886 | 17,719 | |||||
Deferred Income Tax Assets Net | - | - | - | - | - | - | - | - | - | 0 | - | - | |||||
Accounts Payable Current | 696 | 841 | 669 | 793 | 718 | 876 | 661 | 761 | 696 | 828 | 691 | 713 | |||||
Disposal Group Including Discontinued Operation As… | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Accrued Liabilities Current | 852 | 848 | 878 | 836 | 770 | 871 | 758 | 708 | 649 | 804 | 690 | 658 | |||||
Deferred Revenue Current | 405 | 439 | 392 | 398 | 388 | 392 | 403 | 388 | 378 | 422 | 361 | 350 | |||||
Liabilities Current | |||||||||||||||||
Liabilities Current | 2,641 | 2,824 | 2,629 | 2,717 | 2,065 | 3,330 | 3,412 | 4,065 | 3,942 | 3,225 | 2,901 | 2,183 | |||||
Operating Lease Liability Current | 183 | 191 | 187 | 186 | 183 | 185 | 184 | 182 | 171 | 166 | 162 | 155 | |||||
Finance Lease Liability Current | 5 | 5 | 5 | 4 | 5 | 6 | 6 | 7 | 6 | 6 | 6 | 7 | |||||
Long Term Debt Current | 500 | 500 | - | - | - | 1,000 | - | - | - | - | - | - | |||||
Long Term Debt Noncurrent | 5,834 | 5,085 | 5,083 | 5,077 | 5,569 | 5,331 | 5,352 | 3,047 | 3,048 | 4,055 | 4,428 | 5,042 | |||||
Operating Lease Liability Noncurrent | 657 | 683 | 692 | 713 | 696 | 676 | 701 | 643 | 625 | 649 | 662 | 624 | |||||
Finance Lease Liability Noncurrent | 62 | 63 | 64 | 66 | 67 | 74 | 75 | 77 | 77 | 79 | 80 | 82 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Deferred Income Taxes And Other Tax Liabilities No… | 456 | 455 | - | - | - | 383 | - | - | - | - | - | - | |||||
Other Liabilities Noncurrent | 692 | 648 | 639 | 643 | 498 | 517 | 528 | 484 | 468 | 409 | 423 | 419 | |||||
Liabilities | 10,342 | 9,756 | 9,549 | 9,571 | 9,282 | 10,313 | 10,427 | 8,692 | 8,556 | 8,835 | 8,994 | 8,914 | |||||
Common Stock Value | 7 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | 8 | |||||
Additional Paid In Capital Common Stock | 0 | 0 | 33 | 2 | 36 | 3 | 0 | 13 | 82 | 38 | 5 | 94 | |||||
Liabilities Of Disposal Group Including Discontinu… | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Retained Earnings Accumulated Deficit | -8,784 | 8,640 | -8,698 | -8,498 | -8,456 | 8,303 | -8,276 | -8,178 | -8,055 | 7,888 | -8,070 | -8,836 | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -63 | -28 | -42 | -35 | -192 | -262 | -113 | -192 | -185 | -59 | -209 | -154 | |||||
Liabilities And Stockholders Equity | 19,087 | 18,393 | 18,262 | 18,060 | 17,604 | 18,379 | 18,613 | 16,712 | 16,531 | 16,725 | 16,886 | 17,719 | |||||
Stockholders Equity | |||||||||||||||||
Stockholders Equity | 8,729 | 8,620 | 8,697 | 8,473 | 8,307 | 8,052 | 8,170 | 8,006 | 7,960 | 7,875 | 7,873 | 10,342 | |||||
Net Income Loss | - | - | - | - | - | - | 170 | 206 | 228 | - | 184 | 189 | |||||
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Liabilities And Stockhold… | |||||||||||||||||
Shares Outstanding | 82 | 82 | 83 | 83 | 84 | 83 | 84 | 84 | 84 | 84 | 85 | 89 | |||||
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.07% | 7.59% | 17.62% | - | - | - | - | - | - | - | - | - |
| 2025 | 0.88% | 9.24% | 1.67% | 6.38% | 6.30% | 9.63% | 4.60% | -0.49% | 6.94% | -8.17% | -5.49% | -12.57% |
| 2024 | -0.49% | 2.30% | 5.35% | -2.17% | -5.54% | -8.29% | 5.08% | 0.53% | 4.90% | -7.11% | -13.89% | -1.04% |
| 2023 | - | - | - | -1.08% | -4.36% | -6.83% | 7.72% | 13.44% | 14.52% | -1.03% | -6.49% | -2.26% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 1.73 | 1.42 | 1.55 | 1.50 | 1.84 | 1.44 | 1.44 | 0.88 | 0.88 | 1.17 | 1.36 | 2.35 | |||||
| Quick Ratio | 1.30 | 0.99 | 1.09 | 1.08 | 1.28 | 1.09 | 1.10 | 0.62 | 0.58 | 0.82 | 0.96 | 1.82 | |||||
| Working Capital | 1.92B | 1.20B | 1.45B | 1.37B | 1.73B | 1.48B | 1.50B | -493.40M | -485.00M | 540.20M | 1.05B | 2.94B | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 1.18 | 1.13 | 1.10 | 1.13 | 1.12 | 1.28 | 1.28 | 1.09 | 1.07 | 1.12 | 1.14 | 0.86 | |||||
| Interest Coverage TTM | 6.45 | 6.18 | 5.74 | 5.25 | 5.02 | 5.22 | 1.51 | 1.51 | 1.44 | 1.45 | 2.11 | 2.46 | |||||
| Debt Ratio | 0.54 | 0.53 | 0.52 | 0.53 | 0.53 | 0.56 | 0.56 | 0.52 | 0.52 | 0.53 | 0.53 | 0.50 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 0.77 | 0.76 | 0.75 | 0.78 | 0.77 | 0.74 | 0.72 | 0.73 | 0.67 | 0.66 | 0.62 | 0.58 | |||||
| Days Sales Outstanding TTM | 56.92 | 52.95 | 55.25 | 56.97 | 58.26 | 54.11 | 57.64 | 58.37 | 65.71 | 55.51 | 66.54 | 67.68 | |||||
| Receivables Turnover TTM | 6.41 | 6.89 | 6.61 | 6.41 | 6.26 | 6.74 | 6.33 | 6.25 | 5.56 | 6.58 | 5.49 | 5.39 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 11.35 | 10.46 | 10.22 | 9.10 | 8.67 | 8.84 | 5.17 | 5.34 | 5.12 | 4.77 | 7.60 | 9.33 | |||||
| Free Cash Flow Per Share TTM | 16.82 | 14.50 | 16.62 | 15.13 | 13.78 | 13.06 | 10.04 | 10.13 | 7.94 | 10.04 | 11.73 | 12.81 | |||||
| Dividend Per Share TTM | 7.37 | 7.29 | 7.31 | 7.32 | 5.83 | 5.82 | 10.42 | 7.53 | 7.58 | 7.35 | 2.23 | 3.69 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 28.83% | 28.76% | 28.45% | 28.14% | 27.89% | 27.86% | 27.92% | 28.00% | 27.74% | 27.67% | 28.23% | 29.03% | |||||
| Operating Profit Margin TTM | 10.18% | 9.92% | 9.69% | 8.83% | 8.28% | 8.35% | 5.88% | 5.97% | 5.83% | 5.97% | 7.03% | 8.24% | |||||
| Net Profit Margin TTM | 6.66% | 6.28% | 6.21% | 5.66% | 5.55% | 5.73% | 3.43% | 3.60% | 3.52% | 3.44% | 5.85% | 7.48% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 7.34% | 7.25% | 8.28% | 7.98% | 7.13% | 6.97% | 12.47% | 12.37% | 11.80% | 2.51% | -17.77% | -25.62% | |||||
| Net Income Growth (1Y) | 28.82% | 17.49% | 96.12% | 69.61% | 68.60% | 78.47% | -34.07% | -45.82% | -56.68% | -67.32% | -62.37% | -58.31% | |||||
| EPS Growth (1Y) | 30.86% | 18.48% | 98.25% | 71.03% | 69.61% | 85.28% | -32.03% | -42.85% | -54.46% | -65.82% | -60.80% | -56.62% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 23.26 | 23.69 | 27.67 | 28.38 | 26.27 | 25.37 | 42.22 | 37.18 | 41.30 | 45.99 | 25.47 | 21.35 | |||||
| P/B TTM | 2.51 | 2.41 | 2.72 | 2.56 | 2.31 | 2.35 | 2.25 | 2.09 | 2.25 | 2.44 | 2.14 | 1.72 | |||||
| P/S TTM | 1.55 | 1.49 | 1.72 | 1.61 | 1.46 | 1.46 | 1.45 | 1.34 | 1.46 | 1.58 | 1.49 | 1.60 | |||||
| Market Cap | 21.90B | 20.76B | 23.67B | 21.66B | 19.20B | 18.93B | 18.41B | 16.74B | 17.90B | 19.22B | 16.85B | 17.74B | |||||
| Enterprise Value | 27.26B | 25.82B | 28.16B | 26.10B | 24.40B | 23.75B | 22.26B | 19.53B | 20.85B | 22.75B | 20.56B | 20.86B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 1.38B | 1.21B | 1.38B | 1.26B | 1.15B | 1.10B | 843.20M | 852.30M | 667.50M | 874.10M | 1.02B | 1.14B | |||||
| Net Debt | 5.36B | 5.06B | 4.49B | 4.43B | 5.20B | 4.82B | 3.84B | 2.79B | 2.95B | 3.52B | 3.71B | 3.12B | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
LABCORP HOLDINGS INC. (LH) — SEC Financial Statements & Analysis
LABCORP HOLDINGS INC. (LH) is a services-medical laboratories company. LABCORP HOLDINGS INC. trades on LH: NYSE as: LH. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), LABCORP HOLDINGS INC. reported a 7.34% year-over-year revenue growth, a Gross Profit Margin of 28.83% (TTM), a Debt-to-Equity ratio of 1.18x, a Price-to-Sales (P/S) ratio of 1.55x (TTM), a Price-to-Book (P/B) ratio of 2.51 (TTM), at a market cap of $21.90B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 7.34%
- Gross Profit Margin TTM
- 28.83%
- Debt To Equity
- 1.18x
- P/S TTM
- 1.55x
- P/B TTM
- 2.51
- Market Cap
- $21.90B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is LABCORP HOLDINGS INC. in?
LABCORP HOLDINGS INC. (LH) operates in the Services-Medical Laboratories industry.
What is LH's market cap?
LABCORP HOLDINGS INC. (LH) has a market capitalization of $21.90B as of 2026-03-31.
What is LH's P/E ratio?
LABCORP HOLDINGS INC. (LH)'s trailing twelve month P/E ratio is 23.26x as of 2026-03-31.
What exchange does LH trade on?
LABCORP HOLDINGS INC. (LH) trades on the LH: NYSE.