Labcorp Holdings Diagnostics — Depreciation decreased by 2.3% to $63.80M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $61.70M to $63.80M. Over 4 years (FY 2021 to FY 2025), Diagnostics — Depreciation shows relatively stable performance with a 2.1% CAGR.
High depreciation relative to revenue may indicate a capital-intensive business model or recent heavy investment in new technology, while low depreciation may suggest aging infrastructure.
This reflects the systematic allocation of the cost of tangible assets, such as laboratory equipment, testing machinery,...
Commonly analyzed alongside capital expenditure to assess the age and maintenance of the asset base.
lh_segment_diagnostics_depreciation| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $59.65M | $59.65M | $59.65M | $56.78M | $56.78M | $56.78M | $56.78M | $59.03M | $59.03M | $59.03M | $59.03M | $61.70M | $63.10M | $65.10M | $69.10M | $61.70M | $65.40M | $66.40M | $65.30M | $63.80M |
| QoQ Change | — | +0.0% | +0.0% | -4.8% | +0.0% | +0.0% | +0.0% | +4.0% | +0.0% | +0.0% | +0.0% | +4.5% | +2.3% | +3.2% | +6.1% | -10.7% | +6.0% | +1.5% | -1.7% | -2.3% |
| YoY Change | — | — | — | — | -4.8% | -4.8% | -4.8% | +4.0% | +4.0% | +4.0% | +4.0% | +4.5% | +6.9% | +10.3% | +17.1% | +0.0% | +3.6% | +2.0% | -5.5% | +3.4% |