Labcorp Holdings Inc. (LH) Financial Statements
Labcorp financial statements at a glance
Labcorp reported revenue of $13.95 billion for fiscal year 2025 (ended December 31, 2025), up 7.2% from fiscal year 2024. Net income was $876.50 million, a net margin of 6.3%.
At the end of fiscal year 2025 it had total assets of $18.39 billion, total liabilities of $9.77 billion and shareholders' equity of $8.62 billion, with total debt of $5.65 billion.
Its operations brought in $1.64 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended December 31, 2025.
Labcorp Holdings Inc.
Income Statement
Annual • USD
Labcorp key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $14.0B | $13.0B | $12.2B | $11.9B | $13.1B |
| Gross profit | $4.0B | $3.6B | $3.4B | $3.7B | $5.0B |
| Operating income | $1.4B | $1.1B | $725.6M | $1.4B | $3.1B |
| Net income | $876.5M | $746.0M | $418.0M | $1.3B | $2.4B |
| Diluted EPS | – | – | – | – | $24.39 |
| Total assets | $18.4B | $18.4B | $16.7B | $20.2B | $20.4B |
| Total liabilities | $9.8B | $10.3B | $8.9B | $10.1B | $10.1B |
| Shareholders' equity | $8.6B | $8.1B | $7.9B | $10.1B | $10.3B |
| Cash | – | – | – | – | $1.5B |
| Total debt | $5.7B | $6.4B | $5.1B | $5.4B | $6.3B |
| Operating cash flow | $1.6B | $1.6B | $1.3B | $2.0B | $3.1B |
| Capital spending | – | – | – | – | $421.5M |
| Free cash flow | – | – | – | – | $2.7B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was Labcorp's revenue in fiscal year 2025?
$13.95 billion, up 7.2% from $13.01 billion in fiscal year 2024.
How much profit does Labcorp make?
Labcorp reported net income of $876.50 million for fiscal year 2025 (6.3% of revenue); operating income was $1.38 billion.
How much cash and debt does Labcorp have?
At the end of fiscal year 2025: total debt of $5.65 billion.
