Labcorp Holdings (LH) Operating Income (2009 - 2026)
Labcorp Holdings (LH) recorded Operating Income of $451.6 million in Q2 2026, up 14.5% from $394.5 million a year earlier and up 18.6% from the prior quarter.
Labcorp Holdings (LH) Operating Income (2009 - 2026) Analysis & Trends
On a TTM basis, Labcorp Holdings' Operating Income came in at $1.5 billion as of Jun 30, 2026, up 25.6% year-over-year; for FY2025, it came in at $1.38 billion, up 27.4% from FY2024.
- Annual Operating Income has a five-year compound annual growth rate of -10.8% (FY2020 to FY2025).
- Across earlier years, Operating Income came in at $1.09 billion in FY2024 (+49.8%), $725.6 million in FY2023 (-49.5%), $1.44 billion in FY2022 (-52.9%) and $3.05 billion in FY2021 (+24.7%).
- The Q2 2026 figure is the highest quarterly Operating Income since Q1 2022.
- On a year-over-year basis, Operating Income has increased for six consecutive quarters, with growth averaging 21.0% over the last seven quarters.
- Peak year-over-year performance for Operating Income in the last five years was growth of 56.1% in Q3 2025, against a decline of 94.5% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $380.8 million (Q1 2026), $267.6 million (Q4 2025) and $396.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 103.72 Bn | 99.73 Bn | - | - |
| 2 | Natera | 57.05 Bn | 52.73 Bn | 485.19 Mn | -75.79 Mn |
| 3 | Labcorp Holdings | 26.09 Bn | 23.84 Bn | 1.11 Bn | 451.60 Mn |
| 4 | Quest Diagnostics | 26.04 Bn | 24.16 Bn | 1.03 Bn | 459.00 Mn |
| 5 | Tenet Healthcare | 22.70 Bn | 11.71 Bn | - | 1.50 Bn |
| 6 | Guardant Health | 21.64 Bn | 17.71 Bn | 219.03 Mn | -129.12 Mn |
| 7 | BrightSpring Health Services | 13.03 Bn | 11.36 Bn | 492.75 Mn | 130.39 Mn |
| 8 | Fresenius Medical Care AG | 12.50 Bn | 4.45 Bn | 1.52 Bn | 541.49 Mn |
| 9 | Encompass Health | 12.47 Bn | 12.13 Bn | - | - |
| 10 | Tempus AI | 12.37 Bn | 9.40 Bn | 246.50 Mn | -75.91 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 451.60 Mn |
| Mar 31, 2026 | 380.80 Mn |
| Dec 31, 2025 | 267.60 Mn |
| Sep 30, 2025 | 396.60 Mn |
| Jun 30, 2025 | 394.50 Mn |
| Mar 31, 2025 | 326.00 Mn |
| Dec 31, 2024 | 216.50 Mn |
| Sep 30, 2024 | 254.10 Mn |
| Jun 30, 2024 | 294.80 Mn |
| Mar 31, 2024 | 321.30 Mn |
| Dec 31, 2023 | -122.80 Mn |
| Sep 30, 2023 | 252.30 Mn |
| Jun 30, 2023 | 266.30 Mn |
| Mar 31, 2023 | 329.80 Mn |
| Dec 31, 2022 | 28.50 Mn |
| Sep 30, 2022 | 374.00 Mn |
| Jun 30, 2022 | 428.80 Mn |
| Mar 31, 2022 | 687.90 Mn |
| Dec 31, 2021 | 519.70 Mn |
| Sep 30, 2021 | 766.90 Mn |
Labcorp Holdings Operating Income 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=operating-income&ticker=LH&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=LH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();