TTM
$3.93B
YoY change
+3.0%
5Y CAGR
-5.5%
Peak year (2021)
$4.99B
Cumulative gross profit
$70.87B
Gross Profit history chart for Labcorp Holdings (LH) from 1988 to 2025
Latest: $3.73B
Gross Profit growth chart for Labcorp Holdings (LH) from 1988 to 2025
Latest: +3.0%
Gross Profit history table for Labcorp Holdings (LH) from 1988 to 2025
| 2025 | $3.73B | +3.0% | +$108.10M | ||
| 2024 | $3.62B | +7.7% | +$259.50M | ||
| 2023 | $3.36B | -9.3% | −$344.00M | ||
| 2022 | $3.71B | -25.7% | −$1.28B | ||
| 2021 | $4.99B | +0.8% | +$39.60M | ||
| 2020 | $4.95B | +52.3% | +$1.70B | ||
| 2019 | $3.25B | +2.4% | +$76.10M | ||
| 2018 | $3.18B | -8.3% | −$287.60M | ||
| 2017 | $3.46B | +8.9% | +$283.50M | ||
| 2016 | $3.18B | +9.5% | +$277.20M | ||
| 2015 | $2.90B | +31.8% | +$700.20M | ||
| 2014 | $2.20B | -0.9% | −$20.10M | ||
| 2013 | $2.22B | -1.2% | −$26.50M | ||
| 2012 | $2.25B | -1.1% | −$25.00M | ||
| 2011 | $2.27B | +8.4% | +$176.90M | ||
| 2010 | $2.10B | +6.4% | +$126.90M | ||
| 2009 | $1.97B | +5.2% | +$97.10M | ||
| 2008 | $1.87B | +10.8% | +$182.60M | ||
| 2007 | $1.69B | +10.6% | +$161.80M | ||
| 2006 | $1.53B | +10.0% | +$139.10M | ||
| 2005 | $1.39B | +7.8% | +$101.00M | ||
| 2004 | $1.29B | +5.3% | +$64.70M | ||
| 2003 | $1.22B | +15.3% | +$162.80M | ||
| 2002 | $1.06B | +14.7% | +$136.20M | ||
| 2001 | $925.60M | +12.5% | +$102.90M | ||
| 2000 | $822.70M | +20.6% | +$140.30M | ||
| 1999 | $682.40M | +10.6% | +$65.60M | ||
| 1998 | $616.80M | +24.7% | +$122.10M | ||
| 1997 | $494.70M | +3.3% | +$16.00M | ||
| 1996 | $478.70M | +5.6% | +$25.60M | ||
| 1995 | $453.10M | +49.2% | +$149.50M | ||
| 1994 | $303.60M | -10.5% | −$35.50M | ||
| 1993 | $339.10M | -1.7% | −$5.80M | ||
| 1992 | $344.90M | +17.6% | +$51.50M | ||
| 1991 | $293.40M | +21.7% | +$52.40M | ||
| 1990 | $241.00M | +26.1% | +$49.90M | ||
| 1989 | $191.10M | -39.1% | −$122.80M | ||
| 1988 | $313.90M | — | — |
- 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 (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Labcorp Holdings (LH)
According to Labcorp Holdings's latest reported financial statements, the company's current gross profit (TTM) is $3.93B. 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 .
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.
Labcorp Holdings Gross Profit by Year
Labcorp Holdings Gross Profit 2025: $3.73B
2025's gross profit for Labcorp Holdings came in at $3.73B, edged up 3.0% from 2024.
Labcorp Holdings Gross Profit 2024: $3.62B
Labcorp Holdings posted gross profit of $3.62B in 2024, grew 7.7% from 2023.
Labcorp Holdings Gross Profit 2023: $3.36B
In 2023, Labcorp Holdings reported gross profit of $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 by Gross Profit
Healthcare peers of Labcorp Holdings (LH), ranked by their latest gross profit
| $82.92B | |
| $68.56B | |
| $54.62B | |
| $48.11B | |
| $46.73B | |
| $42.96B | |
| $39.01B | |
| $26.01B |
- $82.92B
- $68.56B
- $54.62B
- $48.11B
- $46.73B
- $42.96B
- $39.01B
- $26.01B
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