LH
Labcorp Holdings Inc.Stock · HealthcareS&P 500 Equal Weight 0.2% · S&P 500 0.04% · Russell 1000 0.03% · US Stock Market 0.03% · Russell 3000 0.03% · MSCI World 0.02% · MSCI ACWI 0.02%$320.71-0.63%
as of market close, Sep 18, 2026
☾ AH — —
LH financial statements
The full income statement, balance sheet, and cash-flow statement for Labcorp Holdings Inc. (LH), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 84.0M2024-09 83.6M2024-12 83.7M2025-03 83.7M2025-06 83.1M2025-09 82.9M2025-12 82.4M2026-03 82.0M2026-06 81.1M-3.4% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 14.0B+7.2% | 13.0B+7.0% | 12.2B+2.5% | 11.9B-9.7% | 13.1B-6.0% | |
| 4.01B+10.7% | 3.62B+7.7% | 3.36B-9.3% | 3.71B-25.7% | 4.99B+0.8% | ||
| Cost of revenue | 9.94B+5.9% | 9.38B+6.7% | 8.80B+7.9% | 8.15B+0.1% | 8.14B-9.8% | |
| Selling, general & administrative | 2.22B-0.6% | 2.23B+10.3% | 2.02B+14.7% | 1.76B+4.3% | 1.69B-2.3% | |
| Restructuring | — | — | 55.7M-0.4% | 55.9M+26.2% | 44.3M+34.2% | |
| Amortization of intangibles | 280M+9.2% | 256M+16.7% | 220M+13.5% | 194M-15.6% | 230M-16.7% | |
| Provision for credit losses | 4.30M-70.5% | 14.6M+131.7% | 6.30M-46.2% | 11.7M+207.9% | 3.80M-45.7% | |
| Operating income | 1.38B+27.4% | 1.09B+49.8% | 726M-49.5% | 1.44B-52.9% | 3.05B+24.7% | |
| Interest expense | 224M+7.6% | 208M+4.4% | 200M+11.0% | 180M-15.1% | 212M+2.1% | |
| Other non-operating income | -55.0M-191.4% | 60.2M+288.4% | 15.5M+148.1% | -32.2M-307.7% | 15.5M+148.3% | |
| Equity-method income | -13.3M-850.0% | -1.40M+0.0% | -1.40M-125.9% | 5.40M-79.6% | 26.5M+813.8% | |
| Income tax | 230M+8.2% | 212M+12.7% | 189M-19.4% | 234M-66.1% | 690M+4.2% | |
| 877M+17.5% | 746M+78.5% | 418M-67.3% | 1.28B-46.2% | 2.38B+52.8% | ||
| Discontinued operations | 0.00 | 0.00-100.0% | 38.8M-86.0% | 277M+52.3% | 182M | |
| Net income to non-controlling interest | 1.20M+9.1% | 1.10M-8.3% | 1.20M-20.0% | 1.50M-31.8% | 2.20M+144.4% | |
| $10.46+18.3% | $8.84+85.3% | $4.77-65.9% | $13.97-42.7% | $24.39+53.6% | ||
| EPS (basic) | $10.54+18.6% | $8.89+85.2% | $4.80-65.8% | $14.05-42.9% | $24.60+53.8% | |
| Weighted-avg shares (basic) | 83.2M-0.8% | 83.9M-3.7% | 87.1M-4.4% | 91.1M-5.8% | 96.7M-0.6% | |
| Weighted-avg shares (diluted) | 83.8M-0.7% | 84.4M-3.7% | 87.6M-4.4% | 91.6M-6.1% | 97.5M-0.5% | |
| Dividends per share | $2.88+0.0% | $2.88+0.0% | $2.88+33.3% | $2.16 | — | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 4.02B-16.4% | 4.81B+27.6% | 3.77B-18.6% | 4.63B-13.2% | 5.33B+4.0% | ||
| Cash & equivalents | 532M-65.0% | 1.52B+182.9% | 537M+67.4% | 321M-78.2% | 1.47B+11.5% | |
| Accounts receivable | 2.10B+8.2% | 1.94B+1.6% | 1.91B+7.2% | 1.79B-21.0% | 2.26B-8.8% | |
| Inventory | 535M+8.4% | 493M+3.9% | 475M+0.8% | 471M+17.2% | 401M-5.2% | |
| Prepaid expenses | 693M-0.7% | 698M+6.5% | 655M+7.4% | 610M+27.7% | 478M+31.1% | |
| 18.4B+0.1% | 18.4B+9.9% | 16.7B-17.0% | 20.2B-1.1% | 20.4B+1.6% | ||
| Property, plant & equipment | 3.08B+1.2% | 3.05B+4.6% | 2.91B+4.2% | 2.79B-0.8% | 2.82B+3.1% | |
| Operating lease right-of-use | 804M+2.5% | 785M+6.4% | 737M-0.1% | 738M-1.1% | 746M-5.5% | |
| Goodwill | 6.79B+6.6% | 6.37B+3.7% | 6.14B+0.3% | 6.12B+4.0% | 5.89B-24.0% | |
| Intangible assets | 3.60B+3.1% | 3.49B+4.4% | 3.34B+7.0% | 3.12B-16.4% | 3.74B-5.7% | |
| Deferred tax assets | — | — | 0.00-100.0% | 6.40M-70.4% | 21.6M+4.9% | |
| Other non-current assets | 751M+15.2% | 652M+21.6% | 537M+41.8% | 378M-18.2% | 463M+12.8% | |
| 2.82B-15.2% | 3.33B+3.3% | 3.23B+4.8% | 3.08B+10.6% | 2.78B-9.6% | ||
| Accounts payable | 841M-4.0% | 876M+5.8% | 828M-2.9% | 852M+37.2% | 621M-2.8% | |
| Accrued liabilities | 848M-2.7% | 871M+8.4% | 804M+2.2% | 787M-43.9% | 1.40B+3.4% | |
| Deferred revenue | 439M+12.0% | 392M-7.0% | 422M+35.8% | 311M-44.4% | 559M+10.3% | |
| Short-term & current debt | 500M-50.0% | 1.00B+0.1% | 1000M+231.8% | 301M-79.9% | 1.50B+298.2% | |
| Current lease liability | 191M+3.5% | 185M+11.3% | 166M+1.2% | 164M-12.4% | 187M-2.6% | |
| Finance lease liability (current) | 4.60M-24.6% | 6.10M-4.7% | 6.40M+6.7% | 6.00M-42.9% | 10.5M+56.7% | |
| 9.76B-5.4% | 10.3B+16.7% | 8.83B-12.0% | 10.0B-0.5% | 10.1B-4.9% | ||
| Long-term debt | 5.08B-4.6% | 5.33B+31.5% | 4.05B-19.5% | 5.04B-7.0% | 5.42B-0.0% | |
| Non-current lease liability | 683M+0.9% | 676M+4.2% | 649M-0.6% | 653M+1.6% | 643M-5.2% | |
| Operating lease liability (total) | 874M+1.5% | 861M+5.7% | 815M-0.2% | 817M-1.5% | 830M-4.6% | |
| Finance lease liability (total) | 67.6M-15.9% | 80.4M-5.4% | 85.0M-5.1% | 89.6M-5.8% | 95.1M+4.4% | |
| Finance lease liability | 63.0M-15.2% | 74.3M-5.5% | 78.6M-6.0% | 83.6M-1.2% | 84.6M+0.2% | |
| Other non-current liabilities | 648M+25.2% | 517M+26.4% | 409M+2.0% | 401M-0.2% | 402M-23.6% | |
| 8.62B+7.0% | 8.05B+2.3% | 7.88B-22.0% | 10.1B-1.7% | 10.3B+8.9% | ||
| Common stock | 7.50M-1.3% | 7.60M-1.3% | 7.70M-4.9% | 8.10M-4.7% | 8.50M-5.6% | |
| Additional paid-in capital | 0.00-100.0% | 2.80M-92.7% | 38.4M | 0.00 | 0.00-100.0% | |
| Retained earnings | 8.64B+4.1% | 8.30B+5.3% | 7.89B-25.5% | 10.6B+1.2% | 10.5B+10.3% | |
| Accumulated other comprehensive income | -27.6M+89.4% | -262M-341.1% | -59.3M+88.0% | -493M-157.0% | -192M-18.5% | |
| Total liabilities & equity | 18.4B+0.1% | 18.4B+9.9% | 16.7B-17.0% | 20.2B-1.1% | 20.4B+1.6% | |
| Common shares issued | 82.2M-1.4% | 83.4M-0.6% | 83.9M-4.9% | 88.2M-5.3% | 93.1M-4.5% | |
| Common shares outstanding | 82.2M-1.4% | 83.4M-0.6% | 83.9M-4.9% | 88.2M-5.3% | 93.1M-4.5% | |
| Shares outstanding (cover) | 82.4M-1.6% | 83.7M-0.5% | 84.1M-5.0% | 88.5M-5.2% | 93.4M-4.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.64B+3.4% | 1.59B+19.4% | 1.33B-32.1% | 1.96B-37.1% | 3.11B+45.6% | ||
| Depreciation & amortization | 681M+5.8% | 644M+11.5% | 577M+7.5% | 537M-6.9% | 577M-7.6% | |
| Intangible amortization | 280M+9.2% | 256M+16.7% | 220M+13.5% | 194M-15.6% | 230M-16.7% | |
| Share-based compensation | 126M+7.8% | 117M-9.3% | 129M+10.2% | 117M-12.1% | 133M+19.0% | |
| Deferred income taxes | 97.6M+585.6% | -20.1M+74.3% | -78.1M-429.5% | 23.7M+161.7% | -38.4M+18.3% | |
| Change in receivables | 126M+140.0% | 52.3M-49.6% | 104M+323.2% | -46.5M+82.6% | -267M-129.3% | |
| Change in inventory | 30.2M+139.7% | 12.6M+1700.0% | 700K-98.5% | 45.5M+1725.0% | -2.80M-101.4% | |
| Change in payables | -52.8M-173.2% | 72.1M+270.0% | -42.4M-114.9% | 285M+5484.9% | -5.30M+0.0% | |
| Other operating activities | 70.7M+13.8% | 62.1M+59.6% | 38.9M+69.1% | 23.0M+167.4% | -34.1M-140.9% | |
| -1.19B+12.6% | -1.37B-16.7% | -1.17B+29.1% | -1.65B-86.8% | -885M-37.5% | ||
| Capital expenditure | 435M-11.3% | 490M+8.0% | 454M+5.7% | 429M+1.9% | 422M+10.4% | |
| Free cash flow | 1.21B+10.0% | 1.10B+25.4% | 874M-42.7% | 1.53B-43.2% | 2.69B+53.3% | |
| Acquisitions | 582M-30.6% | 839M+24.9% | 672M-42.3% | 1.16B+134.3% | 497M+85.7% | |
| Purchases of investments | 192M+249.8% | 55.0M+89.7% | 29.0M | — | — | |
| Proceeds from sale of PP&E | 8.00M+300.0% | 2.00M+233.3% | 600K-57.1% | 1.40M-98.4% | 87.3M+107.4% | |
| -1.46B-286.8% | 780M+1415.2% | -59.3M+95.5% | -1.32B+36.0% | -2.07B-299.3% | ||
| Long-term debt issued | 0.00-100.0% | 2.00B | 0.00 | 0.00-100.0% | 1.00B | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 450M+79.9% | 250M-75.0% | 1.00B-9.1% | 1.10B-34.1% | 1.67B+1568.5% | |
| Dividends paid | 241M-1.0% | 243M-4.3% | 254M+30.1% | 195M | 0.00 | |
| Other financing activities | -13.7M+62.7% | -36.7M-87.2% | -19.6M+27.4% | -27.0M-1.9% | -26.5M+0.4% | |
| FX effect on cash | 24.1M+241.8% | -17.0M-271.7% | 9.90M+140.9% | -24.2M-231.5% | -7.30M-184.9% | |
| Net change in cash | -986M-200.5% | 982M+819.4% | 107M+110.2% | -1.04B-786.4% | 152M-84.6% | |
| Income taxes paid | 171M-20.6% | 215M+4.2% | 207M-56.5% | 475M-50.8% | 965M+92.9% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 20.7B+7.7% | 19.2B-0.5% | 19.3B+5.5% | 18.3B-27.5% | 25.2B+47.7% | |
| P/E | 23.6×-8.3% | 25.7×+70.5% | 15.1×+96.1% | 7.7×-27.5% | 10.6×-3.3% | |
| P/S | 1.5×+0.4% | 1.5×-9.3% | 1.6×+16.8% | 1.4×-27.5% | 1.9×+57.2% | |
| P/B | 2.4×+0.6% | 2.4×-2.7% | 2.5×+39.4% | 1.8×-28.4% | 2.5×+35.7% | |
| P/FCF | 17.1×-2.1% | 17.5×+58.8% | 11.0×+62.1% | 6.8×-27.5% | 9.4×-3.6% | |
| Earnings yield | 4.2%+9.1% | 3.9%-41.4% | 6.6%-49.0% | 13.0%+37.9% | 9.4%+3.4% | |
| FCF yield | 5.8%+2.2% | 5.7%-37.0% | 9.1%-38.3% | 14.7%+37.9% | 10.7%+3.8% | |
| Dividend yield | 1.1%-8.6% | 1.3%-0.9% | 1.3%+18.7% | 1.1% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: LH’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all LH filings on SEC EDGAR → Not investment advice.