What is Labcorp Holdings's income tax?

Labcorp Holdings (LH) reported income tax of $41.7M in Q1 2026.

How has Labcorp Holdings's income tax changed year-over-year?

Labcorp Holdings's income tax decreased by 33.0% year-over-year, from $62.2M to $41.7M.

What is the long-term trend for Labcorp Holdings's income tax?

Over 3 years (2021 to 2025), Labcorp Holdings's income tax has grown at a -30.7% compound annual growth rate (CAGR), from $690M to $229.8M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Labcorp Holdings LH Income Tax

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Other financials

Income statement

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Revenue$3.5B+5.8%

Gross profit$1.0B+6.9%

Operating income$380.8M+16.8%

Net income$277.8M+30.5%

EPS (diluted)$3.35+32.9%

Balance sheet

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Cash & equivalents$981.1M+166%

Total debt$7.2B+11.1%

Total equity$8.7B+5.1%

Total assets$19.1B+8.4%

Cash flow

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Operating cash flow$191.5M+935%

CapEx$121.0M-4.0%

Free cash flow$70.5M+166%

Valuation

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Market cap$22.77B+5.5%

Enterprise value$29.03B+7.6%

P/E24.2×-4.1×

P/S1.6×0.0×

Profitability

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Gross margin28.8%+0.9pp

Operating margin10.2%+1.9pp

Net margin6.7%+1.1pp

FCF margin9.8%+1.0pp

Returns & leverage

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Return on equity11.1%+2.1pp

Debt / equity0.8×0.0×

Current ratio1.7×-0.1×

Where this comes from

Reported directly by Labcorp Holdings in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Labcorp Holdings’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Labcorp Holdings's income tax?: Labcorp Holdings (LH) reported income tax of $41.7M in Q1 2026.
How has Labcorp Holdings's income tax changed year-over-year?: Labcorp Holdings's income tax decreased by 33.0% year-over-year, from $62.2M to $41.7M.
What is the long-term trend for Labcorp Holdings's income tax?: Over 3 years (2021 to 2025), Labcorp Holdings's income tax has grown at a -30.7% compound annual growth rate (CAGR), from $690M to $229.8M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.