Laboratory Corporation of America Holdings

Common Name

Labcorp

Country

United States

Sector

Healthcare

Industry

Diagnostics & Research

Employees

67,000

Ticker

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

www.labcorp.com

Description

Labcorp Holdings Inc. provides laboratory services. It operates through two segments, Diagnostics Laboratories and Biopharma Laboratory Services. The company offers various tests, such as blood chemis... Show more

Financial Statements of Labcorp

Below are the financial statements of Labcorp, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023
Current assets	—	—
Cash and cash equivalents	1,518.7^a	536.8^a
Accounts receivable, net	1,944.1^a	1,913.3^a
Unbilled services	152.9^a	185.4^a
Supplies inventory	493.2^a	474.6^a
Prepaid expenses and other	697.6^a	655.3^a
Total current assets	4,806.5^a	3,765.4^a
Assets	—	—
Property, plant and equipment, net	3,045.4^a	2,911.8^a
Goodwill, net	6,369.7^a	6,142.5^a
Intangible assets, net	3,488.9^a	3,342^a
Joint venture partnerships and equity method investments	16.3^a	26.9^a
Other assets, net	652.2^a	536.5^a
Total assets	18,379^a	16,725.1^a
Current liabilities	—	—
Accounts payable	875.8^a	827.5^a
Accrued expenses and other	871.2^a	804^a
Unearned revenue	392.2^a	421.7^a
Short-term operating lease liabilities	184.6^a	165.8^a
Short-term finance lease liabilities	6.1^a	6.4^a
Short-term borrowings and current portion of long-term debt	1,000.3^a	999.8^a
Total current liabilities	3,330.2^a	3,225.2^a
Liabilities and shareholders' equity	—	—
Long-term debt, less current portion	5,331.2^a	4,054.7^a
Operating lease liabilities	676.3^a	648.9^a
Financing lease liabilities	74.3^a	78.6^a
Deferred income taxes and other tax liabilities	383.1^a	417.9^a
Other liabilities	517.4^a	409.3^a
Total liabilities	10,312.5^a	8,834.6^a
Noncontrolling interest	14.3^a	15.5^a
Shareholders' equity	—	—
Common stock, 83.4 and 83.9 shares outstanding at December 31, 2024, and 2023, respectively	7.6^a	7.7^a
Additional paid-in capital	2.8^a	38.4^a
Retained earnings	8,303.4^a	7,888.2^a
Accumulated other comprehensive loss	-261.6^a	-59.3^a
Total shareholders' equity	8,052.2^a	7,875^a
Total liabilities and shareholders' equity	18,379^a	16,725.1^a

Verified Sources Behind Labcorp’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Labcorp’s data sources below and access millions more through our Disclosure Search.

a. Labcorp's 10-K 2024

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Laboratory Corporation of America Holdings

Financial Statements of Labcorp

Verified Sources Behind Labcorp’s Financial Fundamentals Data

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