Labcorp Holdings (LH) Long-Term Deferred Tax (2010 - 2022)

Labcorp Holdings (LH) posted Long-Term Deferred Tax of $6.4 million for Q4 2022, down 70.37% sequentially from $21.6 million in Q4 2021, and down 70.37% YoY from $21.6 million in Q4 2021.

Labcorp Holdings (LH) Long-Term Deferred Tax (2010 - 2022) Analysis & Trends

Labcorp Holdings has reported Long-Term Deferred Tax for 13 years, with the latest figure at $6.4 million in Q4 2022.

  • Quarterly Long-Term Deferred Tax fell 70.37% year-over-year to $6.4 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $6.4 million (down 70.37% YoY) and the FY2022 annual result came in at $6.4 million, down 70.37% from the prior year.
  • Long-Term Deferred Tax eased to $6.4 million in Q4 2022 per LH's latest filing, from $21.6 million in the prior quarter.
  • Over five years, Long-Term Deferred Tax peaked at $21.6 million in Q4 2021 and troughed at $1.7 million in Q4 2018.
  • A 5-year average of $11.8 million and a median of $8.8 million in 2019 frame the typical range for Long-Term Deferred Tax.
  • The sharpest annual moves came in 2019 and 2022: Long-Term Deferred Tax jumped 417.65% in 2019, then sank 70.37% in 2022.
  • Over 5 years, Long-Term Deferred Tax stood at $1.7 million in 2018, then surged by 417.65% to $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.
  • According to Business Quant data, Long-Term Deferred Tax over the past three periods registered $6.4 million, $21.6 million, and $20.6 million for Q4 2022, Q4 2021, and Q4 2020 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
Dec 31, 2022 6.40 Mn
Dec 31, 2021 21.60 Mn
Dec 31, 2020 20.60 Mn
Dec 31, 2019 8.80 Mn
Dec 31, 2018 1.70 Mn
Dec 31, 2017 1.90 Mn
Dec 31, 2016 2.10 Mn
Dec 31, 2015 2.30 Mn
Dec 31, 2014 235.90 Mn
Dec 31, 2013 210.50 Mn
Dec 31, 2012 248.20 Mn
Dec 31, 2011 265.10 Mn
Dec 31, 2010 191.20 Mn