Discontinued — last reported Q3 '24

Business Segments · Percent of Revenue Contributed

LabCorp Diagnostics — Percent of Revenue Contributed

Labcorp Holdings LabCorp Diagnostics — Percent of Revenue Contributed remained flat by 0.0% to 78.0% in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 1.3%, from 77.0% to 78.0%.

Analysis

StatementSegment
CategoryGrowth
SignalContext dependent
VolatilityStable
First reportedQ1 2015
Last reportedQ3 2024

How to read this metric

An increase suggests the diagnostics segment is growing faster than other business units, while a decrease indicates diversification or faster growth elsewhere.

Detailed definition

This metric represents the proportion of total consolidated revenue generated by the Diagnostics business segment. It hi...

Peer comparison

Commonly reported as segment revenue share in diversified healthcare and laboratory services firms.

Metric ID: lh_segment_labcorp_diagnostics_percent_of_revenue_contributed

Historical Data

11 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value61%64%63%77%77%78%77%77%78%78%78%
QoQ Change+4.9%-1.6%+22.2%+0.0%+1.3%-1.3%+0.0%+1.3%+0.0%+0.0%
YoY Change+26.2%+20.3%+23.8%+0.0%+0.0%+0.0%+1.3%+1.3%
Range61%78%
CAGR+10.3%
Avg YoY Growth+9.1%
Median YoY Growth+1.3%
Current Streak4 quarters growth

Frequently Asked Questions

What is Labcorp Holdings's labcorp diagnostics — percent of revenue contributed?
Labcorp Holdings (LH) reported labcorp diagnostics — percent of revenue contributed of 78.0% in Q3 2024.
How has Labcorp Holdings's labcorp diagnostics — percent of revenue contributed changed year-over-year?
Labcorp Holdings's labcorp diagnostics — percent of revenue contributed increased by 1.3% year-over-year, from 77.0% to 78.0%.
What does labcorp diagnostics — percent of revenue contributed mean?
The percentage of total company revenue that comes from the diagnostics business segment.