Labcorp Holdings (LH) Current Deferred Tax Assets (2009 - 2023)
Labcorp Holdings' (LH) quarterly Current Deferred Tax Assets came in at $7.7 million in Q3 2023, down 73.81% year-over-year from $29.4 million in Q3 2022, and up 20.31% quarter-over-quarter from $6.4 million in Q2 2023.
Analysis
Labcorp Holdings (LH) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends
Labcorp Holdings has disclosed Current Deferred Tax Assets across 15 years of filings, most recently posting $7.7 million for Q3 2023.
- In Q3 2023, Current Deferred Tax Assets fell 73.81% year-over-year to $7.7 million; the TTM figure through Sep 2023 stood at $7.7 million (down 73.81% YoY), while the FY2022 annual figure was $6.4 million, down 70.37% from the prior year.
- Current Deferred Tax Assets came in at $7.7 million for Q3 2023 at Labcorp Holdings, up from $6.4 million in the prior quarter.
- In the past five years, Current Deferred Tax Assets ranged from a high of $29.4 million in Q3 2022 to a low of $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 sank 78.34% in 2020.
- Over 5 years, Current Deferred Tax Assets stood at $8.8 million in 2019, then jumped by 134.09% to $20.6 million in 2020, then grew by 4.85% to $21.6 million in 2021, then sank by 70.37% to $6.4 million in 2022, then rose by 20.31% to $7.7 million in 2023.
- Per Business Quant data, the three most recent Current Deferred Tax Assets figures were $7.7 million in Q3 2023, $6.4 million in Q2 2023, and $7.7 million in Q1 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Natera | 49.39 Bn | 48.29 Bn | 486.15 Mn |
| 2 | Quest Diagnostics | 27.49 Bn | 26.86 Bn | 1.03 Bn |
| 3 | Labcorp Holdings | 26.51 Bn | 26.37 Bn | 1.11 Bn |
| 4 | Guardant Health | 23.17 Bn | 22.12 Bn | 219.03 Mn |
| 5 | Tempus AI | 12.59 Bn | 11.77 Bn | 274.25 Mn |
| 6 | Caris Life Sciences | 8.01 Bn | 7.22 Bn | 182.38 Mn |
| 7 | Sotera Health | 5.53 Bn | 5.17 Bn | 177.96 Mn |
| 8 | BillionToOne | 4.80 Bn | 4.25 Bn | 77.11 Mn |
| 9 | Adaptive Biotechnologies | 4.40 Bn | 4.05 Bn | 51.39 Mn |
| 10 | iRhythm Holdings | 3.68 Bn | 3.08 Bn | 163.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 7.70 Mn |
| Jun 30, 2023 | 6.40 Mn |
| Mar 31, 2023 | 7.70 Mn |
| Dec 31, 2022 | 6.40 Mn |
| Sep 30, 2022 | 29.40 Mn |
| Jun 30, 2022 | 28.70 Mn |
| Mar 31, 2022 | 28.20 Mn |
| Dec 31, 2021 | 21.60 Mn |
| Sep 30, 2021 | 23.80 Mn |
| Jun 30, 2021 | 23.70 Mn |
| Mar 31, 2021 | 20.20 Mn |
| Dec 31, 2020 | 20.60 Mn |
| Sep 30, 2020 | 3.40 Mn |
| Jun 30, 2020 | 4.90 Mn |
| Mar 31, 2020 | 6.50 Mn |
| Dec 31, 2019 | 8.80 Mn |
| Sep 30, 2019 | 15.70 Mn |
| Jun 30, 2019 | 1.70 Mn |
| Mar 31, 2019 | 1.70 Mn |
| Dec 31, 2018 | 1.70 Mn |