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Operating Margin for Labcorp Holdings (LH)

As of · Reported

Metric

TTM

11.0%

YoY change

+2.51pp

Trough year (1997)

-6.1%

Peak year (1988)

100.0%

Operating Margin history chart for Labcorp Holdings (LH) from 1988 to 2025

Latest: 10.9%

Operating Margin change chart for Labcorp Holdings (LH) from 1988 to 2025

Latest: +2.51pp

Operating Margin history table for Labcorp Holdings (LH) from 1988 to 2025

  • 202510.9%+2.51pp
  • 20248.4%+2.39pp
  • 20236.0%-6.14pp
  • 202212.1%-11.10pp
  • 202123.2%+5.71pp
  • 202017.5%+5.98pp
  • 201911.5%-0.19pp
  • 201811.7%-1.37pp
  • 201713.1%-0.55pp
  • 201613.6%+2.06pp
  • 201511.6%-3.59pp
  • 201415.1%-1.92pp
  • 201317.1%-0.99pp
  • 201218.0%+0.93pp
  • 201117.1%-2.45pp
  • 201019.6%-0.37pp
  • 200919.9%+1.23pp
  • 200818.7%-0.39pp
  • 200719.1%-0.31pp
  • 200619.4%+0.84pp
  • 200518.6%-0.82pp
  • 200419.4%+1.24pp
  • 200318.2%+0.81pp
  • 200217.3%+0.64pp
  • 200116.7%+3.68pp
  • 200013.0%+4.22pp
  • 19998.8%+0.90pp
  • 19987.9%+13.97pp
  • 1997-6.1%-0.10pp
  • 1996-6.0%-10.65pp
  • 19954.7%-7.90pp
  • 199412.6%-11.80pp
  • 199324.4%-3.35pp
  • 199227.7%-0.99pp
  • 199128.7%+0.76pp
  • 199028.0%-0.06pp
  • 198928.0%-71.97pp
  • 1988100.0%—

Operating Margin 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 Operating Margin at Labcorp Holdings (LH)

According to Labcorp Holdings's latest reported financial statements, the company's latest reported operating margin is 11.0%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

In 2025, Labcorp Holdings (LH) operating margin totalled 10.87% – expanded 2.5 percentage points year-over-year.

The record annual operating margin stands at 100.00%, reached in 1988; the historical low of -6.06% was recorded in 1997.

Labcorp Holdings Operating Margin by Year

Labcorp Holdings Operating Margin 2025: 10.9%

Labcorp Holdings operating margin in 2025 was 10.87%, expanded 2.5 percentage points from 2024.

Labcorp Holdings Operating Margin 2024: 8.4%

2024's operating margin for Labcorp Holdings came in at 8.35%, expanded 2.4 percentage points from 2023.

Labcorp Holdings Operating Margin 2023: 6.0%

Labcorp Holdings posted operating margin of 5.97% in 2023, contracted 6.1 percentage points from 2022.

Labcorp Holdings Operating Margin 2022: 12.1%

In 2022, Labcorp Holdings reported operating margin of 12.11%, contracted 11.1 percentage points from 2021.

Labcorp Holdings Operating Margin 2021: 23.2%

Labcorp Holdings operating margin in 2021 was 23.21%.

See more financial history for Labcorp Holdings (LH).

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