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Labcorp Holdings LH Business Segments

FY'25FY'24FY'23FY'22
Revenue by Business
Biopharma Laboratory Services$3.1B+6.0%$2.92B+5.3%$2.77B+2.9%$2.7B
Diagnostics$10.88B+7.2%$10.14B+7.7%$9.42B+2.3%$9.2B-11.2%
Operating Income by Business
Biopharma Laboratory Services$498.5M+8.6%$458.9M+15.8%$396.3M+1.9%$389.1M
Corporate Segment-$482.2M+28.1%-$670.8M-4.1%-$644.1M-48.8%-$432.8M-7.0%
Diagnostics$1.78B+10.8%$1.61B+0.9%$1.59B-21.4%$2.03B-36.8%
Other Cost and Expense, Operating by Business
Biopharma Laboratory Services$384.8M+4.5%$368.1M-4.7%$386.2M+9.1%$353.9M
Diagnostics$1.79B+10.0%$1.63B$1.38B
Accounts Receivable, before Allowance for Credit Loss by Business
Biopharma Laboratory Services$3.05B
Diagnostics$5.56B+7.5%$5.18B+14.0%$4.54B+5.1%$4.32B
Labor and Related Expense by Business
Biopharma Laboratory Services$1.22B+4.8%$1.17B+6.5%$1.09B+2.3%$1.07B
Diagnostics$4.69B+5.6%$4.44B+8.4%$4.1B+11.9%$3.66B
Supplies Expense by Business
Biopharma Laboratory Services$478.5M+8.3%$441.9M-2.3%$452.2M-1.8%$460.6M
Diagnostics$2.36B+6.7%$2.21B+7.0%$2.07B+7.9%$1.91B
Depreciation by Business
Biopharma Laboratory Services$116M-5.4%$122.6M+9.0%$112.5M-0.3%$112.8M
Diagnostics$258.8M-0.1%$259M+9.7%$236.1M+4.0%$227.1M-4.8%

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Questions, answered.

How does Labcorp Holdings break its business down?
Labcorp Holdings (LH) reports revenue by business across 2 parts — Biopharma Laboratory Services and Diagnostics. Each is extracted from the segment footnotes and tracked over time.
Where does Labcorp Holdings's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Labcorp Holdings's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.