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Labcorp Holdings LH Contract Assets

Contract Assets at other companies

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Other financials

Income statement

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Revenue$3.7B+5.8%
Gross profit$1.1B+6.3%
Operating income$451.6M+14.5%
Net income$298.7M+25.6%
EPS (diluted)$3.64+28.2%

Balance sheet

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Cash & equivalents$141.8M-78.1%
Total debt$6.8B+11.8%
Total equity$8.6B+1.6%
Total assets$18.5B+2.6%

Cash flow

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Operating cash flow$445.5M-28.2%
CapEx$121.0M-4.0%
Free cash flow$313.9M-42.2%

Valuation

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Market cap$25.88B+16.4%
Enterprise value$32.5B+17.6%
P/E25.8×-3.3×
P/S1.8×+0.2×

Profitability

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Gross margin28.9%+0.7pp
Operating margin10.4%+1.6pp
Net margin7%+1.3pp
FCF margin8.1%-1.3pp

Returns & leverage

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Return on equity11.7%+2.5pp
Debt / equity0.8×+0.1×
Current ratio1.8×+0.3×

Where this comes from

Reported directly by Labcorp Holdings in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerAssetNetCurrent.

The source filing: Labcorp Holdings’s 10-Q, filed May 4, 2026. Open the filing →

Filed
May 4, 2026, 2:10 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0000920148-26-000139

FAQ

What is Labcorp Holdings's contract assets?
Labcorp Holdings (LH) reported contract assets of $161.9M in Q1 2026.
How has Labcorp Holdings's contract assets changed year-over-year?
Labcorp Holdings's contract assets increased by 7.0% year-over-year, from $151.3M to $161.9M.
What is the long-term trend for Labcorp Holdings's contract assets?
Over 5 years (2020 to 2025), Labcorp Holdings's contract assets has grown at a -22.1% compound annual growth rate (CAGR), from $548.1M to $156.9M.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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