Discontinued — last reported Q1 '25

Business Segments · Goodwill, Acquired During Period

Covance Drug Development — Goodwill, Acquired During Period

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityVolatile
First reportedQ1 2014
Last reportedQ1 2025Apr 29, 2025

How to read this metric

Higher values indicate aggressive inorganic growth strategies within the drug development market.

Detailed definition

The value of goodwill added to the balance sheet specifically from business combinations completed during the current re...

Peer comparison

Common in CROs and laboratory services companies pursuing consolidation.

Metric ID: lh_segment_covance_drug_development_goodwill_acquired_during_period

Historical Data

10 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q1 '25
Value$0.00$0.00$53.30M$143.10M$0.00$0.00$0.00$0.00$0.00$0.00
QoQ Change+168.5%-100.0%
Range$0.00$143.10M

Frequently Asked Questions

What is Labcorp Holdings's covance drug development — goodwill, acquired during period?
Labcorp Holdings (LH) reported covance drug development — goodwill, acquired during period of $0.00 in Q1 2025.
What does covance drug development — goodwill, acquired during period mean?
Goodwill added to the segment's balance sheet from new acquisitions during the year.