Labcorp Holdings Inc. (FRA:N6B)

Labcorp Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	13,484	13,009	12,162	11,864	13,136	13,979
Revenue Growth (YoY)	7.98%	6.97%	2.51%	-9.69%	-6.03%	20.98%
Cost of Revenue	9,689	9,385	8,797	8,155	8,144	9,026
Gross Profit	3,795	3,624	3,365	3,709	4,992	4,953
Selling, General & Admin	2,289	2,230	2,032	1,763	1,690	1,729
Operating Expenses	2,561	2,486	2,252	1,957	1,831	1,977
Operating Income	1,234	1,138	1,113	1,752	3,161	2,976
Interest Expense	-226.9	-208.3	-199.6	-179.8	-211.8	-207.4
Interest & Investment Income	26.3	22.3	28.8	7.5	8.8	10.3
Earnings From Equity Investments	-3.2	-1.4	-1.4	5.4	26.5	2.9
Currency Exchange Gain (Loss)	-15.3	-15.3	-	-	-	-
Other Non Operating Income (Expenses)	128.8	160.5	77.3	-32.2	-46.3	-32.1
EBT Excluding Unusual Items	1,144	1,096	1,018	1,553	2,938	2,749
Merger & Restructuring Charges	-40.3	-46.4	-54	-54.5	-24	-40.6
Impairment of Goodwill	-	-	-333.6	-	-	-422.4
Gain (Loss) on Sale of Investments	-11.4	-11.4	-4.8	-	61.8	-
Gain (Loss) on Sale of Assets	6.4	6.4	-	-	-	-
Asset Writedown	-2.8	-5.3	-15.4	-261.7	-88.4	-67.2
Other Unusual Items	-121.1	-79.6	-41.2	0.5	-	-
Pretax Income	974.3	959.5	568.9	1,237	2,888	2,219
Income Tax Expense	209.8	212.4	188.5	233.9	690	662.1
Earnings From Continuing Operations	764.5	747.1	380.4	1,004	2,198	1,557
Earnings From Discontinued Operations	-	-	38.8	277.1	181.9	-
Net Income to Company	764.5	747.1	419.2	1,281	2,380	1,557
Minority Interest in Earnings	-1.1	-1.1	-1.2	-1.5	-2.2	-0.9
Net Income	763.4	746	418	1,279	2,377	1,556
Net Income to Common	763.4	746	418	1,279	2,377	1,556
Net Income Growth	69.83%	78.47%	-67.32%	-46.20%	52.77%	88.89%
Shares Outstanding (Basic)	84	84	87	91	97	97
Shares Outstanding (Diluted)	84	84	88	92	98	98
Shares Change (YoY)	-1.35%	-3.65%	-4.37%	-6.05%	-0.51%	-0.61%
EPS (Basic)	9.13	8.89	4.80	14.04	24.58	15.99
EPS (Diluted)	9.07	8.84	4.77	13.97	24.39	15.88
EPS Growth	72.08%	85.21%	-65.82%	-42.73%	53.56%	90.18%
Free Cash Flow	1,262	1,096	874.1	1,417	2,597	1,754
Free Cash Flow Per Share	14.99	12.98	9.98	15.47	26.63	17.89
Dividend Per Share	2.880	2.880	2.880	2.160	-	-
Dividend Growth	-	-	33.33%	-	-	-
Gross Margin	28.14%	27.86%	27.67%	31.26%	38.01%	35.43%
Operating Margin	9.15%	8.75%	9.15%	14.77%	24.06%	21.29%
Profit Margin	5.66%	5.73%	3.44%	10.78%	18.10%	11.13%
Free Cash Flow Margin	9.36%	8.42%	7.19%	11.95%	19.77%	12.54%
EBITDA	1,823	1,701	1,621	2,222	3,664	3,478
EBITDA Margin	13.52%	13.08%	13.33%	18.73%	27.89%	24.88%
D&A For EBITDA	589.1	563.4	507.8	469.5	503.3	502.4
EBIT	1,234	1,138	1,113	1,752	3,161	2,976
EBIT Margin	9.15%	8.75%	9.15%	14.77%	24.06%	21.29%
Effective Tax Rate	21.53%	22.14%	33.13%	18.90%	23.89%	29.84%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.