Labcorp Holdings (LH) 10-K Summary — Year Ended Dec 31, 2023
Labcorp's 10-K filing reports annual financial results including revenue, operating income, net income, and operating cash flow. The filing contains sections on business overview, risk factors, and management discussion, but detailed content is not provided in the supplied data.
Key takeaway
Year ended Dec 31, 2023 · FY2025 10-K
Labcorp's 10-K filing reports annual financial results including revenue, operating income, net income, and operating cash flow. The filing contains sections on business overview, risk factors, and management discussion, but detailed content is not provided in the supplied data.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$12.2B
Revenue reported for the fiscal year.
Operating income
$725.6M
Income from operations reported for the year.
Net income
$418M
Net income reported for the year.
Operating cash flow
$1.3B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $13.1B | n/a |
| Dec 31, 2022 | $11.9B | -9.7% |
| Dec 31, 2023 | $12.2B | +2.5% |
Business overview
The filing references a Business overview section but no specific description of the company's operations is included in the supplied data. The company is identified as Labcorp Holdings Inc.
Financial performance
Revenue increased compared to the prior year after a decline from two years ago. Operating income, net income, and operating cash flow were also reported for the period.
Material risks
The filing includes a Risk Factors section but no specific risks are described in the supplied data.
Liquidity and capital
Operating cash flow was reported. No additional capital allocation themes are provided in the supplied context.
What to watch
Readers should monitor the revenue trend in the next filing to see if the recent increase continues.