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Labcorp Holdings LH Q4 2024 Annual earnings

Reported February 6, 2025 · Before market open

Revenue estimate$3.3B
EPS estimate$3.39

Next report

Jul 30, 2026 (In 2 weeks)
Revenue estimate$3.7B
EPS estimate$4.79

Financials

Q4 2024

Income statement

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Revenue$3.3B+9.8%
Gross profit$896.3M+9.1%
Operating income$216.5M
Net income$143.4M
EPS (diluted)$1.71

Balance sheet

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Cash & equivalents$1.5B+183%
Total debt$7.3B+46.6%
Total equity$8.1B+2.3%
Total assets$18.4B+9.9%

Cash flow

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Operating cash flow$777.2M+34.1%
CapEx$112.1M-33.0%
Free cash flow$665.1M+61.3%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$19.18B-0.6%
Enterprise value$24.93B+5.1%
P/E25.7×
P/S1.5×-0.1×

Profitability

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Gross margin27.9%+0.2pp
Operating margin8.4%
Net margin5.7%
FCF margin8.4%+1.2pp

Returns & leverage

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Return on equity9.4%
Debt / equity0.9×+0.3×
Current ratio1.4×+0.3×

Segments

By segment

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Diagnostics$2.6B+10.2%
Biopharma Laboratory Services$767.0M

Versus estimates

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Questions, answered.

When did Labcorp Holdings report Q4 2024 earnings?
Labcorp Holdings (LH) reported Q4 2024 earnings on February 6, 2025 before market open.
What were Labcorp Holdings's Q4 2024 revenue and EPS?
Labcorp Holdings reported revenue of $3.3B and diluted EPS of $3.45 for Q4 2024.
Did Labcorp Holdings beat estimates in Q4 2024?
Revenue beat the consensus estimate of $3.3B by $21.7M. EPS beat the consensus estimate of $3.39 by $0.06.
Where can I find Labcorp Holdings's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000920148-25-000032) directly on SEC EDGAR. The filing index links above go to sec.gov.