Labcorp Holdings Past Earnings Performance

Past criteria checks 0/6

Labcorp Holdings's earnings have been declining at an average annual rate of -1.7%, while the Healthcare industry saw earnings growing at 5.6% annually. Revenues have been growing at an average rate of 1.1% per year. Labcorp Holdings's return on equity is 5%, and it has net margins of 3.2%.

Key information

-1.7%

Earnings growth rate

-0.1%

EPS growth rate

Healthcare Industry Growth8.5%
Revenue growth rate1.1%
Return on equity5.0%
Net Margin3.2%
Last Earnings Update31 Mar 2024

Recent past performance updates

We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings

Feb 22
We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings

Recent updates

When Should You Buy Labcorp Holdings Inc. (NYSE:LH)?

Jun 13
When Should You Buy Labcorp Holdings Inc. (NYSE:LH)?

Here's Why It's Unlikely That Laboratory Corporation of America Holdings' (NYSE:LH) CEO Will See A Pay Rise This Year

May 08
Here's Why It's Unlikely That Laboratory Corporation of America Holdings' (NYSE:LH) CEO Will See A Pay Rise This Year

Laboratory Corporation of America Holdings (NYSE:LH) Is Paying Out A Dividend Of $0.72

Apr 30
Laboratory Corporation of America Holdings (NYSE:LH) Is Paying Out A Dividend Of $0.72

Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72

Apr 15
Laboratory Corporation of America Holdings (NYSE:LH) Is Due To Pay A Dividend Of $0.72

Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The Mark

Apr 06
Laboratory Corporation of America Holdings' (NYSE:LH) P/E Is On The Mark

Laboratory Corporation: A Healthier Diagnosis, As Pandemic Headwinds Disappear

Apr 01

Laboratory Corporation of America Holdings (NYSE:LH) Will Pay A Dividend Of $0.72

Feb 25
Laboratory Corporation of America Holdings (NYSE:LH) Will Pay A Dividend Of $0.72

We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings

Feb 22
We Think You Can Look Beyond Laboratory Corporation of America Holdings' (NYSE:LH) Lackluster Earnings

An Intrinsic Calculation For Laboratory Corporation of America Holdings (NYSE:LH) Suggests It's 48% Undervalued

Feb 21
An Intrinsic Calculation For Laboratory Corporation of America Holdings (NYSE:LH) Suggests It's 48% Undervalued

Laboratory Corporation of America Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72

Jan 31
Laboratory Corporation of America Holdings (NYSE:LH) Has Affirmed Its Dividend Of $0.72

Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Jan 30
Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Laboratory Corporation of America Holdings' (NYSE:LH) Dividend Will Be $0.72

Jan 15
Laboratory Corporation of America Holdings' (NYSE:LH) Dividend Will Be $0.72

Some Shareholders Feeling Restless Over Laboratory Corporation of America Holdings' (NYSE:LH) P/E Ratio

Jan 05
Some Shareholders Feeling Restless Over Laboratory Corporation of America Holdings' (NYSE:LH) P/E Ratio

Laboratory Corporation: Multiple Updates, Same Investment Conclusion

Dec 02

Laboratory Corp.: Rate On Capital Deployed Contracting, Hold

Sep 14

Laboratory Corporation: Trying To Create Value By Spinning Out Fortrea

Jul 05

Newsflash: Laboratory Corporation of America Holdings (NYSE:LH) Analysts Have Been Trimming Their Revenue Forecasts

Jul 04
Newsflash: Laboratory Corporation of America Holdings (NYSE:LH) Analysts Have Been Trimming Their Revenue Forecasts

Are Investors Undervaluing Laboratory Corporation of America Holdings (NYSE:LH) By 43%?

Jun 23
Are Investors Undervaluing Laboratory Corporation of America Holdings (NYSE:LH) By 43%?

Laboratory Corporation: Predictability Of Cash Flows Less Visible

Jun 21

Is It Too Late To Consider Buying Laboratory Corporation of America Holdings (NYSE:LH)?

May 26
Is It Too Late To Consider Buying Laboratory Corporation of America Holdings (NYSE:LH)?

Laboratory Corporation of America Holdings' (NYSE:LH) Returns On Capital Are Heading Higher

Mar 16
Laboratory Corporation of America Holdings' (NYSE:LH) Returns On Capital Are Heading Higher

Laboratory Corporation of America Holdings (NYSE:LH) Shares Could Be 32% Below Their Intrinsic Value Estimate

Mar 02
Laboratory Corporation of America Holdings (NYSE:LH) Shares Could Be 32% Below Their Intrinsic Value Estimate

Laboratory Corporation of America Non-GAAP EPS of $4.14 in-line, revenue of $3.7B misses by $40M, introduces FY23 outlook

Feb 16

At US$254, Is It Time To Put Laboratory Corporation of America Holdings (NYSE:LH) On Your Watch List?

Jan 30
At US$254, Is It Time To Put Laboratory Corporation of America Holdings (NYSE:LH) On Your Watch List?

Laboratory Corporation: Plenty Of Growth Runway

Jan 19

Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Jan 16
Here's Why Laboratory Corporation of America Holdings (NYSE:LH) Can Manage Its Debt Responsibly

Laboratory Corporation of America declares $0.72 dividend

Jan 12

Returns At Laboratory Corporation of America Holdings (NYSE:LH) Are On The Way Up

Dec 07
Returns At Laboratory Corporation of America Holdings (NYSE:LH) Are On The Way Up

Is There An Opportunity With Laboratory Corporation of America Holdings' (NYSE:LH) 25% Undervaluation?

Nov 24
Is There An Opportunity With Laboratory Corporation of America Holdings' (NYSE:LH) 25% Undervaluation?

Laboratory Corporation: Buy Rating Holds Following Solid Mid-Level Growth

Nov 08

Laboratory Corporation of America Q3 2022 Earnings Preview

Oct 26

Revenue & Expenses Breakdown

How Labcorp Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:LH Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2412,3003992,0840
31 Dec 2312,1623792,0320
30 Sep 2312,0585831,9440
30 Jun 2311,8686771,8720
31 Mar 2311,7577891,7980
31 Dec 2211,8641,0021,7630
30 Sep 2212,9901,5181,8510
30 Jun 2214,1861,8291,9180
31 Mar 2215,1042,0281,9440
31 Dec 2113,1362,1951,6900
30 Sep 2116,5552,7631,8940
30 Jun 2116,3882,8791,7870
31 Mar 2115,3162,6431,7180
31 Dec 2013,9791,5561,7290
30 Sep 2012,4428451,5500
30 Jun 2011,4753621,5350
31 Mar 2011,5873211,5230
31 Dec 1911,5558241,6250
30 Sep 1911,3897551,5210
30 Jun 1911,2928531,4960
31 Mar 1911,2768961,4900
31 Dec 1811,3338841,5780
30 Sep 1811,2911,4141,5040
30 Jun 1811,0811,2661,4830
31 Mar 1810,7431,2171,4580
31 Dec 1710,3081,2271,4990
30 Sep 179,9517241,4360
30 Jun 179,7027321,4710
31 Mar 179,5567511,5220
31 Dec 169,5537121,3060
30 Sep 169,2956581,5920
30 Jun 169,1926331,6520
31 Mar 169,0295991,5560
31 Dec 158,5064381,4690
30 Sep 157,7744471,3600
30 Jun 157,0564301,2130
31 Mar 156,3534011,2040
31 Dec 146,0125111,1810
30 Sep 145,9365181,1640
30 Jun 145,8465291,1430
31 Mar 145,7985401,1310
31 Dec 135,8085741,1290
30 Sep 135,7775681,1220
30 Jun 135,7345671,1180

Quality Earnings: LH has a large one-off loss of $464.2M impacting its last 12 months of financial results to 31st March, 2024.

Growing Profit Margin: LH's current net profit margins (3.2%) are lower than last year (6.7%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: LH's earnings have declined by 1.7% per year over the past 5 years.

Accelerating Growth: LH's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LH had negative earnings growth (-49.4%) over the past year, making it difficult to compare to the Healthcare industry average (15.1%).


Return on Equity

High ROE: LH's Return on Equity (5%) is considered low.


Return on Assets


Return on Capital Employed


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