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.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenues | 13,008.9a | 12,161.6a | 11,863.9a |
| Cost of revenues | -9,384.5a | -8,796.7a | -8,155a |
| Gross profit | 3,624.4a | 3,364.9a | 3,708.9a |
| Selling, general and administrative expenses | -2,230a | -2,021.4a | -1,763.1a |
| Amortization of intangibles and other assets | -256.4a | -219.8a | -193.6a |
| Goodwill and other asset impairments | -5.3a | -349a | -261.7a |
| Restructuring and other charges | -46a | -49.1a | -54a |
| Operating income | 1,086.7a | 725.6a | 1,436.5a |
| Other (expense) income | — | — | — |
| Interest expense | -208.3a | -199.6a | -179.8a |
| Investment income | 22.3a | 28.8a | 7.5a |
| Equity method (loss) income, net | -1.4a | -1.4a | 5.4a |
| Other, net | 60.2a | 15.5a | -32.2a |
| Earnings from continuing operations before income taxes | 959.5a | 568.9a | 1,237.4a |
| Provision for income taxes | -212.4a | -188.5a | -233.9a |
| Earnings from continuing operations | 747.1a | 380.4a | 1,003.5a |
| Earnings from discontinued operations, net of tax | 0a | 38.8a | 277.1a |
| Net earnings | 747.1a | 419.2a | 1,280.6a |
| Less: Net earnings attributable to the noncontrolling interest | -1.1a | -1.2a | -1.5a |
| Net earnings attributable to Labcorp Holdings Inc. | 746a | 418a | 1,279.1a |
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.
Sign up for Tracenable and access millions of corporate disclosures, including annual reports and sustainability filings from global companies, completely free of charge.