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 has reported Current Deferred Tax Assets for 15 years, with the latest figure 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.
  • Over five years, Current Deferred Tax Assets peaked at $29.4 million in Q3 2022 and troughed at $1.7 million in Q1 2019.
  • A 5-year average of $14.1 million and a median of $8.8 million in 2019 frame the typical range for Current Deferred Tax Assets.
  • The sharpest annual moves came in 2019 and 2020: Current Deferred Tax Assets jumped 726.32% in 2019, then slumped 78.34% in 2020.
  • Over 5 years, Current Deferred Tax Assets stood at $8.8 million in 2019, then soared by 134.09% to $20.6 million in 2020, then rose by 4.85% to $21.6 million in 2021, then tumbled by 70.37% to $6.4 million in 2022, then advanced by 20.31% to $7.7 million in 2023.
  • According to Business Quant data, Current Deferred Tax Assets over the past three periods registered $7.7 million, $6.4 million, and $7.7 million for Q3 2023, Q2 2023, and Q1 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 209.29 Bn 205.35 Bn 8.34 Bn
2 Danaher 137.39 Bn 133.06 Bn 3.61 Bn
3 Idexx Laboratories 46.84 Bn 46.64 Bn 779.09 Mn
4 Agilent Technologies 39.29 Bn 37.48 Bn 990.00 Mn
5 Natera 39.28 Bn 38.18 Bn 696.04 Mn
6 Iqvia Holdings 37.90 Bn 35.95 Bn 1.44 Bn
7 Illumina 30.65 Bn 29.49 Bn 770.00 Mn
8 Mettler Toledo International 28.92 Bn 28.87 Bn 650.22 Mn
9 Quest Diagnostics 25.96 Bn 25.64 Bn 1.03 Bn
10 Labcorp Holdings 25.71 Bn 24.73 Bn 1.01 Bn

Historic Data

Download Data
DateValue
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