Labcorp Holdings (LH) Current Deferred Tax Assets (2009 - 2023)
Labcorp Holdings' Current Deferred Tax Assets came in at $7.7 million for Q3 2023, down 73.8% from $29.4 million a year earlier but up 20.3% from the prior quarter.
Powered by 
Analysis
Labcorp Holdings (LH) Current Deferred Tax Assets (2009 - 2023) Analysis & Trends
At the end of FY2022, Labcorp Holdings' Current Deferred Tax Assets was $6.4 million, down 70.4% from FY2021.
- Current Deferred Tax Assets carries a five-year compound annual growth rate of 27.5% (FY2017 to FY2022).
- Going back by year, Current Deferred Tax Assets was $21.6 million in FY2021 (+4.9%), $20.6 million in FY2020 (+134.1%), $8.8 million in FY2019 (+417.6%) and $1.7 million in FY2018 (-10.5%).
- The five-year range for quarterly Current Deferred Tax Assets is $1.7 million (Q4 2018) to $29.4 million (Q3 2022).
- Year-over-year, Current Deferred Tax Assets has declined for four consecutive quarters, with an average decline of 25.7% over the last eight quarters.
- The fastest year-over-year change in Current Deferred Tax Assets over five years came in Q3 2019 (growth of 726.3%), and the weakest in Q3 2020 (a decline of 78.3%).
- Business Quant data shows LH's Current Deferred Tax Assets at $6.4 million (Q2 2023), $7.7 million (Q1 2023) and $6.4 million (Q4 2022) in the three quarters before Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | HCA Healthcare | 103.72 Bn | 99.73 Bn | - |
| 2 | Natera | 57.05 Bn | 52.73 Bn | 485.19 Mn |
| 3 | Labcorp Holdings | 26.09 Bn | 23.84 Bn | 1.11 Bn |
| 4 | Quest Diagnostics | 26.04 Bn | 24.16 Bn | 1.03 Bn |
| 5 | Tenet Healthcare | 22.70 Bn | 11.71 Bn | - |
| 6 | Guardant Health | 21.64 Bn | 17.71 Bn | 219.03 Mn |
| 7 | BrightSpring Health Services | 13.03 Bn | 11.36 Bn | 492.75 Mn |
| 8 | Fresenius Medical Care AG | 12.50 Bn | 4.45 Bn | 1.52 Bn |
| 9 | Encompass Health | 12.47 Bn | 12.13 Bn | - |
| 10 | Tempus AI | 12.37 Bn | 9.40 Bn | 246.50 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 |
API Access
Labcorp Holdings Current Deferred Tax Assets API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=LH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-deferred-tax-assets", "ticker": "LH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=current-deferred-tax-assets&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();