Labcorp Holdings (LH) Tax Provisions (2009 - 2026)

Labcorp Holdings (LH) posted Tax Provisions of $41.7 million for Q1 2026, up 62.26% sequentially from $25.7 million in Q4 2025, and down 32.96% YoY from $62.2 million in Q1 2025.

Labcorp Holdings (LH) Tax Provisions (2009 - 2026) Analysis & Trends

Labcorp Holdings has reported Tax Provisions for 18 years, with the latest figure at $41.7 million in Q1 2026.

  • Quarterly Tax Provisions fell 32.96% year-over-year to $41.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $209.3 million (up 1.85% YoY) and the FY2025 annual result came in at $229.8 million, up 8.19% from the prior year.
  • Tax Provisions advanced to $41.7 million in Q1 2026 per LH's latest filing, from $25.7 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $148.0 million in Q1 2022 and troughed at -$26.9 million in Q4 2022.
  • A 5-year average of $54.3 million and a median of $55.1 million in 2023 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2023: Tax Provisions slumped 135.72% in 2022, then soared 173.23% in 2023.
  • Over 5 years, Tax Provisions stood at -$26.9 million in 2022, then jumped by 173.23% to $19.7 million in 2023, then jumped by 104.06% to $40.2 million in 2024, then sank by 36.07% to $25.7 million in 2025, then surged by 62.26% to $41.7 million in 2026.
  • According to Business Quant data, Tax Provisions over the past three periods registered $41.7 million, $25.7 million, and $75.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Thermo Fisher Scientific 213.98 Bn 209.91 Bn 8.34 Bn 167.00 Mn
2 Danaher 140.49 Bn 136.14 Bn 3.61 Bn 208.00 Mn
3 Idexx Laboratories 46.39 Bn 46.19 Bn 779.09 Mn 78.81 Mn
4 Agilent Technologies 39.72 Bn 37.91 Bn 990.00 Mn 69.00 Mn
5 Iqvia Holdings 39.38 Bn 37.30 Bn 1.44 Bn 60.00 Mn
6 Natera 38.92 Bn 37.82 Bn 696.04 Mn 300,000.00
7 Illumina 30.08 Bn 28.91 Bn 770.00 Mn 53.00 Mn
8 Mettler Toledo International 28.65 Bn 28.60 Bn 650.22 Mn 56.50 Mn
9 Quest Diagnostics 26.23 Bn 25.60 Bn 1.03 Bn 88.00 Mn
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn 41.70 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 41.70 Mn
Dec 31, 2025 25.70 Mn
Sep 30, 2025 75.50 Mn
Jun 30, 2025 66.40 Mn
Mar 31, 2025 62.20 Mn
Dec 31, 2024 40.20 Mn
Sep 30, 2024 41.00 Mn
Jun 30, 2024 62.10 Mn
Mar 31, 2024 69.10 Mn
Dec 31, 2023 19.70 Mn
Sep 30, 2023 55.10 Mn
Jun 30, 2023 49.80 Mn
Mar 31, 2023 63.90 Mn
Dec 31, 2022 -26.90 Mn
Sep 30, 2022 38.20 Mn
Jun 30, 2022 92.10 Mn
Mar 31, 2022 148.00 Mn
Dec 31, 2021 75.30 Mn
Sep 30, 2021 180.40 Mn
Jun 30, 2021 182.60 Mn