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Labcorp Holdings LH Biopharma Laboratory Services — Depreciation

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$63.8M+3.4%

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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$22.96B+9.4%
Enterprise value$29.22B+10.7%
P/E24.4×-3.1×
P/S1.6×+0.1×

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:Depreciation.

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 biopharma laboratory services — depreciation?
Labcorp Holdings (LH) reported biopharma laboratory services — depreciation of $28.6M in Q1 2026.
How has Labcorp Holdings's biopharma laboratory services — depreciation changed year-over-year?
Labcorp Holdings's biopharma laboratory services — depreciation decreased by 0.0% year-over-year, from $28.6M to $28.6M.
What is the long-term trend for Labcorp Holdings's biopharma laboratory services — depreciation?
Over 3 years (2022 to 2025), Labcorp Holdings's biopharma laboratory services — depreciation has grown at a 0.9% compound annual growth rate (CAGR), from $112.8M to $116M.
What does biopharma laboratory services — depreciation mean?
This represents the systematic allocation of the cost of tangible assets, such as laboratory equipment and facilities, over their useful lives within the Biopharma Laboratory Services segment. It reflects the capital intensity of the segment's operations.