Labcorp Holdings Inc. (LH)
NYSE: LH · Real-Time Price · USD
370.48
-1.84 (-0.49%)
Nov 13, 2026, 4:00 PM EST - Market closed
Labcorp Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,004 | 876.5 | 746 | 418 | 1,279 | 2,377 |
Depreciation & Amortization | 713.8 | 686.6 | 651 | 584.4 | 469.5 | 503.3 |
Other Amortization | - | - | - | - | 75.7 | 73.7 |
Asset Writedown & Restructuring Costs | 105.6 | 105.6 | 5.3 | 349 | 261.7 | - |
Stock-Based Compensation | 127.1 | 125.8 | 116.7 | 128.7 | 116.8 | 132.9 |
Other Operating Activities | 336.6 | 372.1 | 220.9 | 84.1 | -61.8 | -87.1 |
Change in Accounts Receivable | -301.1 | -122.2 | -21.9 | -75.3 | 23.1 | 226.3 |
Change in Inventory | -16.7 | -30.2 | -12.6 | -0.7 | -45.5 | 2.8 |
Change in Accounts Payable | 59.2 | -52.8 | 72.1 | -42.4 | 285.4 | -5.3 |
Change in Unearned Revenue | 7.7 | 34.6 | -24.6 | 105.5 | 67.8 | 3.8 |
Change in Other Net Operating Assets | -221.2 | -355.5 | -167.1 | -349 | -707 | -381.4 |
Operating Cash Flow | 1,815 | 1,641 | 1,586 | 1,328 | 1,847 | 3,018 |
Operating Cash Flow Growth | 0.64% | 3.45% | 19.44% | -28.10% | -38.82% | 41.35% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -528.1 | -434.5 | -489.9 | -453.6 | -429.3 | -421.5 |
Sale of Property, Plant & Equipment | 8 | 8 | 2 | 0.6 | 1.4 | 87.3 |
Cash Acquisitions | -941.4 | -582 | -839 | -671.5 | -1,164 | -496.9 |
Divestitures | - | - | 15.1 | - | 1.6 | - |
Investment in Securities | -40.2 | -185.5 | -55 | -22.3 | -12.2 | -14.6 |
Other Investing Activities | -10.2 | - | - | -24.7 | -49.7 | -38.9 |
Investing Cash Flow | -1,512 | -1,194 | -1,367 | -1,172 | -1,652 | -884.6 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 64.8 | 2,464 | 2,488 | 787.4 | - |
Long-Term Debt Issued | - | - | 2,000 | - | - | 1,000 |
Total Debt Issued | 750 | 64.8 | 4,464 | 2,488 | 787.4 | 1,000 |
Short-Term Debt Repaid | - | -64.8 | -2,464 | -2,488 | -787.4 | - |
Long-Term Debt Repaid | - | -1,000 | -1,000 | -300 | - | -1,375 |
Total Debt Repaid | -500 | -1,065 | -3,464 | -2,788 | -787.4 | -1,375 |
Net Debt Issued (Repaid) | 250 | -1,000 | 1,000 | -300 | - | -375 |
Issuance of Common Stock | 84.2 | 54.3 | 56.2 | 54.4 | 50.6 | 51.7 |
Repurchase of Common Stock | -725.8 | -481.9 | -296.5 | -1,040 | -1,151 | -1,716 |
Common Dividends Paid | -237.4 | -240.7 | -243.1 | -254 | -195.2 | - |
Other Financing Activities | -10.8 | 211.3 | 263.3 | 1,480 | -27 | -26.5 |
Financing Cash Flow | -639.8 | -1,457 | 779.9 | -59.3 | -1,322 | -2,066 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 0.4 | 24.1 | -17 | 9.9 | -24.2 | -7.3 |
Net Cash Flow | -336.3 | -986.4 | 981.9 | 106.8 | -1,152 | 60.6 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 1,287 | 1,206 | 1,096 | 874.1 | 1,417 | 2,597 |
Free Cash Flow Growth | -6.80% | 10.05% | 25.37% | -38.32% | -45.42% | 48.08% |
Free Cash Flow Margin | 8.82% | 8.64% | 8.42% | 7.19% | 11.95% | 19.77% |
Free Cash Flow Per Share | 15.62 | 14.39 | 12.98 | 9.98 | 15.47 | 26.63 |
Levered Free Cash Flow | 1,057 | 966.63 | 885.66 | 1,352 | 781.45 | 2,170 |
Unlevered Free Cash Flow | 1,201 | 1,107 | 1,016 | 1,477 | 893.83 | 2,303 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 207.1 | 217.7 | 209.2 | 221.5 | 196.7 | 194.5 |
Cash Income Tax Paid | 30.6 | 84.2 | 215.4 | 206.8 | 474.9 | 964.7 |
Change in Working Capital | -472.1 | -526.1 | -154.1 | -361.9 | -376.2 | -153.8 |