LABCORP HOLDINGS INC
For the period ended Mar 31, 2025. Filed Apr 29, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed Apr 29, 2025
LH$370.88-0.3%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations (Unaudited)
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(In Millions, Except Per Share Data)
| Three Months Ended March 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Revenues | $3,345.1 | $3,176.6 |
| Cost of revenues | 2,397.1 | 2,279.3 |
| Gross profit | 948.0 | 897.3 |
| Selling, general, and administrative expenses | 546.0 | 508.4 |
| Amortization of intangibles and other assets | 69.6 | 60.1 |
| Goodwill and other asset impairments | — | 2.5 |
| Restructuring and other charges | 6.4 | 5.0 |
| Operating income | 326.0 | 321.3 |
| Other (expense) income: | ||
| Interest expense | (56.0) | (46.9) |
| Investment income | 6.5 | 2.9 |
| Equity method (loss) income, net | (0.3) | 0.1 |
| Other, net | (1.0) | 20.0 |
| Earnings from operations before income taxes | 275.2 | 297.4 |
| Provision for income taxes | 62.2 | 69.1 |
| Net earnings | 213.0 | 228.3 |
| Less: Net earnings attributable to the noncontrolling interest | (0.2) | (0.3) |
| Net earnings attributable to Labcorp Holdings Inc. | $212.8 | $228.0 |
| Earnings per share: | ||
| Basic earnings per share | $2.54 | $2.71 |
| Diluted earnings per share | $2.52 | $2.69 |
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