Labcorp Holdings (LH) Current Deferred Tax Assets (2009 - 2023)
Labcorp Holdings (LH) posted Current Deferred Tax Assets of $7.7 million for Q3 2023, up 20.31% sequentially from $6.4 million in Q2 2023, and down 73.81% YoY from $29.4 million in Q3 2022.
Labcorp Holdings (LH) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends
Labcorp Holdings (LH) has 15 years of Current Deferred Tax Assets data on file, last reported at $7.7 million in Q3 2023.
- Quarterly Current Deferred Tax Assets fell 73.81% year-over-year to $7.7 million in Q3 2023, while the trailing twelve-month figure through Sep 2023 was $7.7 million (down 73.81% YoY) and the FY2022 annual result came in at $6.4 million, down 70.37% from the prior year.
- Current Deferred Tax Assets climbed to $7.7 million in Q3 2023 per LH's latest filing, from $6.4 million in the prior quarter.
- The five-year high for Current Deferred Tax Assets was $29.4 million in Q3 2022, with the low at $1.7 million in Q1 2019.
- Average Current Deferred Tax Assets over 5 years is $14.1 million, with a median of $8.8 million recorded in 2019.
- Year-over-year, Current Deferred Tax Assets soared 726.32% in 2019 and plunged 78.34% in 2020.
- Labcorp Holdings' Current Deferred Tax Assets stood at $8.8 million in 2019, then jumped by 134.09% to $20.6 million in 2020, then gained by 4.85% to $21.6 million in 2021, then plunged by 70.37% to $6.4 million in 2022, then climbed by 20.31% to $7.7 million in 2023.
- Business Quant data shows LH's Current Deferred Tax Assets at $7.7 million in Q3 2023, $6.4 million in Q2 2023, and $7.7 million in Q1 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn |
| 10 | Labcorp Holdings | 2.10 Bn | 1.14 Bn | 1.01 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2023 | 7.70 Mn |
| Sep 30, 2023 | 7.70 Mn |
| Jun 30, 2023 | 6.40 Mn |
| Jun 30, 2023 | 6.40 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Sep 30, 2022 | 29.40 Mn |
| Sep 30, 2022 | 29.40 Mn |
| Jun 30, 2022 | 28.70 Mn |
| Jun 30, 2022 | 28.70 Mn |
| Mar 31, 2022 | 28.20 Mn |
| Mar 31, 2022 | 28.20 Mn |
| Dec 31, 2021 | 21.60 Mn |
| Dec 31, 2021 | 21.60 Mn |
| Sep 30, 2021 | 23.80 Mn |
| Sep 30, 2021 | 23.80 Mn |
| Jun 30, 2021 | 23.70 Mn |
| Jun 30, 2021 | 23.70 Mn |