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