LABCORP HOLDINGS INC
For the period ended Dec 31, 2024. Filed Feb 25, 2025.
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FY2024 · Filed Feb 25, 2025
LH$371.83+1.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
Index
CONSOLIDATED STATEMENTS OF OPERATIONS
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenues | $13,008.9 | $12,161.6 | $11,863.9 |
| Cost of revenues | 9,384.5 | 8,796.7 | 8,155.0 |
| Gross profit | 3,624.4 | 3,364.9 | 3,708.9 |
| Selling, general and administrative expenses | 2,230.0 | 2,021.4 | 1,763.1 |
| Amortization of intangibles and other assets | 256.4 | 219.8 | 193.6 |
| Goodwill and other asset impairments | 5.3 | 349.0 | 261.7 |
| Restructuring and other charges | 46.0 | 49.1 | 54.0 |
| Operating income | 1,086.7 | 725.6 | 1,436.5 |
| Other (expense) income: | |||
| Interest expense | (208.3) | (199.6) | (179.8) |
| Investment income | 22.3 | 28.8 | 7.5 |
| Equity method (loss) income, net | (1.4) | (1.4) | 5.4 |
| Other, net | 60.2 | 15.5 | (32.2) |
| Earnings from continuing operations before income taxes | 959.5 | 568.9 | 1,237.4 |
| Provision for income taxes | 212.4 | 188.5 | 233.9 |
| Earnings from continuing operations | 747.1 | 380.4 | 1,003.5 |
| Earnings from discontinued operations, net of tax | — | 38.8 | 277.1 |
| Net earnings | 747.1 | 419.2 | 1,280.6 |
| Less: Net earnings attributable to the noncontrolling interest | (1.1) | (1.2) | (1.5) |
| Net earnings attributable to Labcorp Holdings Inc. | $746.0 | $418.0 | $1,279.1 |
| Basic earnings per common share: | |||
| Basic earnings per common share from continuing operations | $8.89 | $4.35 | $11.00 |
| Basic earnings per common share from discontinued operations | $— | $0.45 | $3.04 |
| Basic earnings per common share | $8.89 | $4.80 | $14.05 |
| Diluted earnings per common share: | |||
| Diluted earnings per common share from continuing operations | $8.84 | $4.33 | $10.94 |
| Diluted earnings per common share from discontinued operations | $— | $0.44 | $3.03 |
| Diluted earnings per common share | $8.84 | $4.77 | $13.97 |
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