Labcorp Balance Sheet
NYSE: LHHealth CareMedical SpecialitiesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Labcorp financial position
At the end of fiscal 2025, Labcorp reported total assets of $18.39 billion, up 0.1% from a year earlier against total liabilities of $9.76 billion. Shareholders' equity stood at $8.62 billion, or 46.9% of assets. The company held $532.3 million in cash and equivalents against $5.58 billion of debt, a net debt position of $5.05 billion.
The current ratio (current assets divided by current liabilities) was 1.42, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.65.
Summary generated from market data by MetaCap's automated system. Methodology
Labcorp balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20212022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 532.30M | 1.52B | 536.80M | 320.60M | 1.47B | 1.32B | 337.50M | 426.80M | 316.60M | 433.60M |
| Receivables | 2.10B | 1.94B | 1.91B | 1.79B | 2.26B | 2.48B | 1.54B | 1.47B | 1.53B | 1.33B |
| Inventory | 534.70M | 493.20M | 474.60M | 470.60M | 401.40M | 423.20M | 244.70M | 237.30M | 227.20M | 205.20M |
| Total Current Assets | 4.02B | 4.81B | 3.77B | 4.63B | 5.33B | 5.13B | 2.98B | 2.84B | 2.73B | 2.48B |
| Property, Plant & Equipment | 3.08B | 3.05B | 2.91B | 2.79B | 2.82B | 2.73B | 2.64B | 1.74B | 1.71B | 1.72B |
| Goodwill | 6.79B | 6.37B | 6.14B | 6.12B | 5.89B | 7.75B | 7.87B | 7.36B | 7.40B | 6.42B |
| Intangible Assets | 3.60B | 3.49B | 3.34B | 3.12B | 3.74B | 3.96B | 4.03B | 3.91B | 4.17B | 3.40B |
| Total Assets | 18.39B | 18.38B | 16.73B | 20.16B | 20.39B | 20.07B | 18.05B | 16.19B | 16.67B | 14.25B |
| Accounts Payable | 840.80M | 875.80M | 827.50M | 852.20M | 621.30M | 638.90M | 632.30M | 634.60M | 573.90M | 508.40M |
| Short-Term Debt | 500.10M | 1.00B | 999.80M | 301.30M | 1.50M | 376.70M | 415.20M | 10.00M | 417.50M | 549.50M |
| Total Current Liabilities | 2.82B | 3.33B | 3.23B | 3.08B | 2.78B | 3.08B | 2.66B | 1.88B | 2.19B | 1.83B |
| Long-Term Debt | 5.08B | 5.33B | 4.05B | 5.04B | 5.42B | 5.42B | 5.79B | 5.99B | 6.34B | 5.30B |
| Total Liabilities | 9.76B | 10.31B | 8.83B | 10.04B | 10.09B | 10.61B | 10.46B | 9.19B | 9.85B | 8.73B |
| Shareholders' Equity | 8.62B | 8.05B | 7.88B | 10.10B | 10.27B | 9.44B | 7.64B | 7.05B | 6.80B | 5.52B |
| Retained Earnings | 8.64B | 8.30B | 7.89B | 10.58B | 10.46B | 9.48B | 7.98B | 7.16B | 6.20B | 4.97B |
| Total Debt | 5.58B | 6.33B | 5.05B | 5.34B | 5.42B | 5.80B | 6.21B | 6.00B | 6.76B | 5.85B |
| Net Cash (Debt) | -5.05B | -4.81B | -4.52B | -5.02B | -3.95B | -4.47B | -5.87B | -5.57B | -6.45B | -5.42B |
| Shares Outstanding | 82.20M | 83.40M | 83.90M | 88.20M | 93.10M | 97.50M | 97.20M | 98.90M | 101.90M | 102.70M |
This table shows 10 annual periods of Labcorp's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow LH's reporting calendar. What is a balance sheet?