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| Date | Value |
|---|---|
| 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 |