Gross Profit for Labcorp Holdings (LH)
According to Labcorp Holdings's latest reported financial statements, the company's current gross profit (TTM) is $3.94B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
Currently viewingGross ProfitSwitch metric
TTM (last 4 quarters)
$3.94B
YoY change
+3.0%
5Y CAGR
-5.5%
Peak year (2021)
$4.99B
Cumulative gross profit
$69.93B
Gross Profit history chart for Labcorp Holdings (LH) from 1988 to 2025
Gross Profit history table for Labcorp Holdings (LH) from 1988 to 2025
| Fiscal year | Period ended | Reported | Gross Profit | YoY |
|---|---|---|---|---|
| 2025 | $3.73B | +3.0% | ||
| 2024 | $3.62B | +7.7% | ||
| 2023 | $3.36B | -9.3% | ||
| 2022 | $3.71B | -25.7% | ||
| 2021 | $4.99B | +0.8% | ||
| 2020 | $4.95B | +52.3% | ||
| 2019 | $3.25B | +2.4% | ||
| 2018 | $3.18B | -8.3% | ||
| 2017 | $3.46B | +8.9% | ||
| 2016 | $3.18B | +9.5% | ||
| 2015 | $2.90B | +31.8% | ||
| 2014 | $2.20B | -0.9% | ||
| 2013 | $2.22B | -1.2% | ||
| 2012 | $2.25B | -1.1% | ||
| 2011 | $2.27B | +8.4% | ||
| 2010 | $2.10B | +6.4% | ||
| 2009 | $1.97B | +5.2% | ||
| 2008 | $1.87B | +10.8% | ||
| 2007 | $1.69B | +10.6% | ||
| 2006 | $1.53B | +10.0% | ||
| 2005 | $1.39B | +7.8% | ||
| 2004 | $1.29B | +5.3% | ||
| 2003 | $1.22B | +15.3% | ||
| 2002 | $1.06B | +14.7% | ||
| 2001 | $925.60M | +12.5% | ||
| 2000 | $822.70M | +20.6% | ||
| 1999 | $682.40M | +10.6% | ||
| 1998 | $616.80M | +24.7% | ||
| 1997 | $494.70M | +3.3% | ||
| 1996 | $478.70M | +5.6% | ||
| 1995 | $453.10M | +49.2% | ||
| 1994 | $303.60M | -10.5% | ||
| 1993 | $339.10M | -1.7% | ||
| 1992 | $344.90M | +17.6% | ||
| 1991 | $293.40M | +21.7% | ||
| 1990 | $241.00M | +26.1% | ||
| 1989 | $191.10M | -39.1% | ||
| 1988 | $313.90M | — |
Gross Profit values are taken from Labcorp Holdings's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Labcorp Holdings (LH) reported gross profit of $3.73B – edged up 3.0% year-over-year.
Labcorp Holdings gross profit has grown for 2 consecutive years, with a -5.5% compound annual growth rate over 2020–2025 (5 years).
Between 2021 and 2025, Labcorp Holdings gross profit declined 25.2%, falling from $4.99B to $3.73B.
$4.99B stands as the all-time-high annual gross profit, posted in 2021, against a low of $191.10M during 1989.
Among 8 Healthcare peers, Labcorp Holdings (LH) ranks 9th; the peer median for gross profit is $53.80B.
Labcorp Holdings Gross Profit by Year
Labcorp Holdings Gross Profit 2025: $3.73B
Labcorp Holdings gross profit in 2025 was $3.73B, edged up 3.0% from 2024.
Labcorp Holdings Gross Profit 2024: $3.62B
Labcorp Holdings gross profit in 2024 was $3.62B, grew 7.7% from 2023.
Labcorp Holdings Gross Profit 2023: $3.36B
Labcorp Holdings gross profit in 2023 was $3.36B, declined 9.3% below 2022.
Labcorp Holdings Gross Profit 2022: $3.71B
Labcorp Holdings gross profit in 2022 was $3.71B, declined 25.7% below 2021.
Labcorp Holdings Gross Profit 2021: $4.99B
Labcorp Holdings gross profit in 2021 was $4.99B.
See more financial history for Labcorp Holdings (LH).
Sector peers — Gross Profit
Companies in the same sector as Labcorp Holdings, ranked by their latest gross profit.
| Company | Gross Profit | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $250.28B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $82.92B | Healthcare |
| Johnson & Johnson (JNJ) | $68.56B | Healthcare |
| Eli Lilly and Company (LLY) | $54.62B | Healthcare |
| Merck & Co., Inc. (MRK) | $52.98B | Healthcare |
| AstraZeneca PLC (AZN) | $48.11B | Healthcare |
| AbbVie Inc. (ABBV) | $42.96B | Healthcare |
| Amgen Inc. (AMGN) | $26.01B | Healthcare |
Frequently asked questions
What is Labcorp Holdings's gross profit?
- Latest reported gross profit for Labcorp Holdings (LH) is $3.94B (period ending December 31, 2025).
How has Labcorp Holdings gross profit changed year-over-year?
- Labcorp Holdings (LH) gross profit changed +3.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Labcorp Holdings gross profit?
- Labcorp Holdings (LH) gross profit compound annual growth rate is -5.5% over the most recent 5 years available.
When did Labcorp Holdings gross profit hit its highest annual value?
- Labcorp Holdings gross profit reached its highest annual value of $4.99B in 2021.
What was Labcorp Holdings gross profit in 2024?
- Labcorp Holdings (LH) gross profit in 2024 was $3.62B.
What was Labcorp Holdings gross profit in 2025?
- Labcorp Holdings (LH) gross profit in 2025 was $3.73B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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