Labcorp Holdings Inc.
LHFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
13,009
Cost of Revenue
9,385
Gross Profit
3,624
Gross Margin
27.9%
Operating Income
1,087
Operating Margin
8.4%
Net Income
746
Net Margin
5.7%
EPS (Basic)
$8.89
EPS (Diluted)
$8.84
EBITDA
1,811
EBITDA Margin
13.9%
2023
12/31/2023
Revenue
12,162
Cost of Revenue
8,797
Gross Profit
3,365
Gross Margin
27.7%
Operating Income
726
Operating Margin
6.0%
Net Income
418
Net Margin
3.4%
EPS (Basic)
$4.80
EPS (Diluted)
$4.77
EBITDA
1,349
EBITDA Margin
11.1%
2022
12/31/2022
Revenue
11,864
Cost of Revenue
8,155
Gross Profit
3,709
Gross Margin
31.3%
Operating Income
1,437
Operating Margin
12.1%
Net Income
1,279
Net Margin
10.8%
EPS (Basic)
$14.04
EPS (Diluted)
$13.96
EBITDA
1,954
EBITDA Margin
16.5%
2021
12/31/2021
Revenue
13,136
Cost of Revenue
8,144
Gross Profit
4,992
Gross Margin
38.0%
Operating Income
3,049
Operating Margin
23.2%
Net Income
2,377
Net Margin
18.1%
EPS (Basic)
$24.58
EPS (Diluted)
$24.38
EBITDA
3,676
EBITDA Margin
28.0%
2020
12/31/2020
Revenue
13,979
Cost of Revenue
9,026
Gross Profit
4,953
Gross Margin
35.4%
Operating Income
2,445
Operating Margin
17.5%
Net Income
1,556
Net Margin
11.1%
EPS (Basic)
$15.99
EPS (Diluted)
$15.88
EBITDA
3,252
EBITDA Margin
23.3%