← LABCORP HOLDINGS INC.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $9.4b | $10.2b | $11.3b | $11.6b | $14.0b | $16.1b | $11.9b | $12.2b | $13.0b | $14.0b | |
| Cost of Revenue | $6.3b | $6.7b | $8.2b | $8.3b | $9.0b | $10.5b | $8.2b | $8.8b | $9.4b | $9.9b | |
| Gross Profit | $3.2b | $3.5b | $3.2b | $3.3b | $5.0b | $5.6b | $3.7b | $3.4b | $3.6b | $4.0b | |
| Operating Income (Loss) | $1.3b | $1.4b | $1.3b | $1.3b | $2.4b | $3.3b | $1.4b | $725.6m | $1.1b | $1.4b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $179.5m | $216.5m | $231.7m | $243.2m | $275.4m | $369.6m | $193.6m | $219.8m | $256.4m | $280.0m | |
| Goodwill, Impairment Loss | — | — | — | — | $422.4m | $0 | $260.0m | $333.6m | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $914.0m | $891.8m | $937.7m | $784.4m | $1.8b | $2.6b | $1.1b | $504.0m | $629.7m | $728.9m | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | — | $11 | $4 | $9 | $11 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | — | $11 | $4 | $9 | $10 | |
| Income (Loss) from Equity Method Investments | $7.9m | $11.3m | $11.6m | $9.8m | $2.9m | $26.5m | $5.4m | ($1.4m) | ($1.4m) | ($13.3m) | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $1.0b | $380.4m | $747.1m | $877.7m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | $277.1m | $38.8m | $0 | $0 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | $277.1m | $38.8m | — | — | |
| Investment Income, Net | $1.7m | $2.1m | $7.5m | $8.8m | $10.3m | $10.2m | $7.5m | $28.8m | $22.3m | $15.2m | |
| Net Income (Loss) Attributable to Parent | $732.1m | $1.3b | $883.7m | $823.8m | $1.6b | $2.4b | $1.3b | $418.0m | $746.0m | $876.5m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $1.1m | $5.8m | $200k | $1.1m | $900k | $2.2m | $1.5m | $1.2m | $1.1m | $1.2m | |
| Earnings Per Share, Basic | $7.14 | $12.39 | $8.71 | $8.42 | $15.99 | $24.60 | $14.05 | $4.80 | $8.89 | $10.54 | |
| Earnings Per Share, Diluted | $7.02 | $12.21 | $8.61 | $8.35 | $15.88 | $24.39 | $13.97 | $4.77 | $8.84 | $10.46 | |
| Weighted Average Number of Shares Outstanding, Basic | 102.5m | 102.4m | 101.4m | 97.9m | 97.3m | 96.7m | 91.1m | 87.1m | 83.9m | 83.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 104.3m | 103.9m | 102.6m | 98.6m | 98.0m | 97.5m | 91.6m | 87.6m | 84.4m | 83.8m | |
| Selling, General and Administrative Expense | $1.6b | $1.8b | $1.6b | $1.6b | $1.7b | $2.0b | $1.8b | $2.0b | $2.2b | $2.2b | |
| Other Nonoperating Income (Expense) | $2.6m | ($7.6m) | $167.7m | ($3.2m) | ($32.1m) | $42.5m | ($32.2m) | $15.5m | $60.2m | ($55.0m) | |
| Business Combination, Acquisition Related Costs | $8.0m | $43.9m | — | — | — | — | — | — | — | — | |
| Current Income Tax Expense (Benefit) | $317.6m | $386.7m | — | $250.8m | $709.1m | $825.1m | $210.2m | $266.6m | $232.5m | $132.2m | |
| Interest Expense | $219.1m | $235.1m | $244.2m | $240.7m | $207.4m | $212.1m | $179.8m | $199.6m | $208.3m | $224.1m | |
| Income Tax Expense (Benefit) | $372.3m | ($139.1m) | $384.4m | $280.0m | $662.1m | $747.1m | $233.9m | $188.5m | $212.4m | $229.8m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.