Labcorp › Financials
Labcorp financials
LHTen years from Labcorp’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.55B | $10.31B | $11.33B | $11.55B | $13.98B | $13.14B | $11.86B | $12.16B | $13.01B | $13.95B | $14.35B | — |
| Gross profit | $2.85B | $3.09B | $3.18B | $3.25B | $4.95B | $4.99B | $3.71B | $3.36B | $3.62B | $4.01B | $4.14B | — |
| Operating income | $1.27B | $1.31B | $1.33B | $1.33B | $2.45B | $3.05B | $1.44B | $725.6M | $1.09B | $1.38B | $1.50B | — |
| Net income | $711.8M | $1.23B | $883.7M | $823.8M | $1.56B | $2.38B | $1.28B | $418.0M | $746.0M | $876.5M | $1.00B | — |
| Earnings per share, diluted | $6.82 | $11.81 | $8.61 | $8.35 | $15.88 | $24.39 | $13.97 | $4.77 | $8.84 | $10.46 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $433.6M | $316.7M | $426.8M | $337.5M | $1.32B | $1.47B | $430.0M | $536.8M | $1.52B | $532.3M | — | $141.8M |
| Total assets | $14.25B | $16.57B | $16.19B | $18.05B | $20.07B | $20.39B | $20.16B | $16.73B | $18.38B | $18.39B | — | $18.53B |
| Debt | $5.78B | $6.70B | $6.00B | $6.21B | $5.80B | $5.42B | $5.34B | $5.05B | $6.33B | $5.58B | — | $5.86B |
| Total liabilities | $8.73B | $9.72B | $9.19B | $10.46B | $10.69B | $10.09B | $10.04B | $8.83B | $10.31B | $9.76B | — | $9.91B |
| Shareholders' equity | $5.51B | $6.83B | $6.97B | $7.57B | $9.36B | $10.27B | $10.10B | $7.88B | $8.05B | $8.62B | — | $8.61B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $1.20B | $1.50B | $1.31B | $1.44B | $2.14B | $3.11B | $1.96B | $1.33B | $1.59B | $1.64B | $1.64B | — |
| Capital spending | $278.9M | $312.9M | $379.8M | $400.2M | $381.7M | $421.5M | $429.3M | $453.6M | $489.9M | $434.5M | $483.2M | — |
| Free cash flow | $918.2M | $1.19B | $925.6M | $1.04B | $1.75B | $2.69B | $1.53B | $874.1M | $1.10B | $1.21B | $1.16B | — |
| Buybacks | $43.9M | $338.1M | $700.0M | $450.0M | $100.0M | $1.67B | $1.10B | $1.00B | $250.1M | $450.0M | $701.8M | — |
| Dividends | — | — | — | — | $0 | $0 | $195.2M | $254.0M | $243.1M | $240.7M | $239.1M | — |
| Returned to shareholders | $43.9M | $338.1M | $700.0M | $450.0M | $100.0M | $1.67B | $1.30B | $1.25B | $493.2M | $690.7M | $940.9M | — |
| Stock-based pay | $109.6M | $109.7M | $91.6M | $107.0M | $111.7M | $132.9M | $116.8M | $128.7M | $116.7M | $125.8M | $125.5M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
Labcorp financials, answered
What is Labcorp's market cap?
$25.79B at $317.95 a share, with 81,100,000 shares outstanding as of Aug 4, 2026, from the cover of its latest SEC filing.
How much does Labcorp earn?
Revenue of $14.35B and net income of $1.00B in the last 12 months to Jun 2026.
How much debt does Labcorp have?
Labcorp reported $5.86B of debt and $141.8M of cash and equivalents on its balance sheet in Jun 2026.
Does Labcorp make free cash flow?
Yes. Operating cash flow minus capital spending was $1.16B in the last 12 months to Jun 2026.
How much cash does Labcorp return to shareholders?
$690.7M in buybacks and dividends in fiscal 2025, from the cash flow statement.