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Labcorp Holdings LH Diagnostics — Depreciation

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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 diagnostics — depreciation?
Labcorp Holdings (LH) reported diagnostics — depreciation of $63.8M in Q1 2026.
How has Labcorp Holdings's diagnostics — depreciation changed year-over-year?
Labcorp Holdings's diagnostics — depreciation increased by 3.4% year-over-year, from $61.7M to $63.8M.
What is the long-term trend for Labcorp Holdings's diagnostics — depreciation?
Over 4 years (2021 to 2025), Labcorp Holdings's diagnostics — depreciation has grown at a 2.1% compound annual growth rate (CAGR), from $238.6M to $258.8M.
What does diagnostics — depreciation mean?
This reflects the systematic allocation of the cost of tangible assets, such as laboratory equipment, testing machinery, and facility improvements, over their useful lives within the diagnostics segment. It represents the non-cash consumption of capital investments.