Labcorp Holdings Inc. Files 2024 10-K
Ticker: LH · Form: 10-K · Filed: 2025-02-25T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, healthcare, financials
TL;DR
Labcorp's 2024 10-K is in. Full financials and business details for the year ending Dec 31, 2024.
AI Summary
Labcorp Holdings Inc. filed its 2024 10-K on February 25, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly known as Laboratory Corp of America Holdings, is a medical laboratory services provider. The filing details its financial performance and business operations for the year.
Why It Matters
This filing provides investors and the public with a comprehensive overview of Labcorp's financial health and strategic direction for the fiscal year 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — As a publicly traded company in the healthcare sector, Labcorp faces inherent risks related to regulatory changes, competition, and economic conditions, which are detailed in its 10-K filings.
Key Numbers
- 2.88 — USD (Indicates a monetary value, likely related to financial statements or share prices, though specific context is missing in the provided snippet.)
Key Players & Entities
- LABCORP HOLDINGS INC. (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 2025-02-25 (date) — Filing Date
- 8071 (number) — Standard Industrial Classification Code for Medical Laboratories
- Mark S. Schroeder (person) — Member mentioned in trading arrangements
- Amy B. Summy (person) — Member mentioned in trading arrangements
FAQ
What is Labcorp's primary business activity?
Labcorp Holdings Inc. is primarily involved in providing medical laboratory services, as indicated by its Standard Industrial Classification code 8071.
When did Labcorp Holdings Inc. file its 10-K for the fiscal year 2024?
Labcorp Holdings Inc. filed its 10-K for the fiscal year 2024 on February 25, 2025.
What was the fiscal year end date for this 10-K filing?
The fiscal year end date for this 10-K filing was December 31, 2024.
What were Labcorp's former company names?
Labcorp Holdings Inc. was formerly known as Laboratory Corp of America Holdings (name change on 19950504) and National Health Laboratories Holdings Inc (name change on 19940314).
Are there any specific individuals mentioned in relation to trading arrangements?
Yes, Mark S. Schroeder and Amy B. Summy are mentioned in relation to trading arrangements and stock options.
From the Filing
0000920148-25-000032.txt : 20250225 0000920148-25-000032.hdr.sgml : 20250225 20250225125830 ACCESSION NUMBER: 0000920148-25-000032 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 124 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250225 DATE AS OF CHANGE: 20250225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LABCORP HOLDINGS INC. CENTRAL INDEX KEY: 0000920148 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEDICAL LABORATORIES [8071] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 992588107 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11353 FILM NUMBER: 25660986 BUSINESS ADDRESS: STREET 1: 358 S MAIN ST CITY: BURLINGTON STATE: NC ZIP: 27215 BUSINESS PHONE: 3362291127 MAIL ADDRESS: STREET 1: 358 S MAIN ST CITY: BURLINGTON STATE: NC ZIP: 27215 FORMER COMPANY: FORMER CONFORMED NAME: LABORATORY CORP OF AMERICA HOLDINGS DATE OF NAME CHANGE: 19950504 FORMER COMPANY: FORMER CONFORMED NAME: NATIONAL HEALTH LABORATORIES HOLDINGS INC DATE OF NAME CHANGE: 19940314 10-K 1 lh-20241231.htm 10-K lh-20241231 0000920148 12/31 2024 FY FALSE 11/26/2024 346 11/26/2024 353 23 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent http://fasb.org/us-gaap/2024#OtherAssetsNoncurrent no 2.88 iso4217:USD xbrli:shares iso4217:USD xbrli:shares lh:Employee lh:countries xbrli:pure iso4217:CAD utr:Y utr:Rate lh:contracts 0000920148 2024-01-01 2024-12-31 0000920148 2024-06-28 0000920148 2025-02-24 0000920148 2024-10-01 2024-12-31 0000920148 lh:MarkS.SchroederMember 2024-10-01 2024-12-31 0000920148 lh:MarkS.SchroederMember 2024-12-31 0000920148 lh:AmyB.SummyMember 2024-10-01 2024-12-31 0000920148 lh:AmyB.SummyMember 2024-12-31 0000920148 lh:MarkS.SchroederTradingArrangementStockOptionsMember lh:MarkS.SchroederMember 2024-12-31 0000920148 lh:MarkS.SchroederTradingArrangementPreviouslyAcquiredCommonStockMember lh:MarkS.SchroederMember 2024-12-31 0000920148 2024-12-31 0000920148 2023-12-31 0000920148 2023-01-01 2023-12-31 0000920148 2022-01-01 2022-12-31 0000920148 2021-12-31 0000920148 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000920148 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000920148 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0000920148 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0000920148 2022-12-31 0000920148 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0000920148 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0000920148 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0000920148 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-01-01 2023-12-31 0000920148 us-gaap:CommonStockMember 2023-12-31 0000920148 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000920148 us-gaap:RetainedEarningsMember 2023-12-31 0000920148 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000920148 us-gaap:CommonStockMember 2024-01-01 2024-12-31 0000920148 us-gaap:AdditionalPaidInCapitalMember 2024-01-01 2024-12-31 0000920148 us-gaap:RetainedEarningsMember 2024-01-01 2024-12-31 0000920148 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-01-01 2024-12-31 0000920148 us-gaap:CommonStockMember 2024-12-31 0000920148 us-gaap:AdditionalPaidInCapitalMember 2024-12-31 0000920148 us-gaap:RetainedEarningsMember 2024-12-31 0000920148 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-12-31 0000920148 us-gaap:SegmentContinuingOperationsMember 2024-01-01 2024-12-31 0000920148 us-gaap:SegmentContinuingOperationsMember 2023-01-01 2023-12-31 0000920148 us-gaap:SegmentContinuingOperationsMember 2022-01-01 2022-12-31 0000920148 us-gaap:SegmentDiscontinuedOperationsMember 2024-01-01 2024-12-31 0000920148 us-gaap:SegmentDiscontinuedOperationsMember 2023-01-01 2023-12-31 0000920148 us-gaap:SegmentDiscontinuedOperationsMember 2022-01-01 2022-12-31 0000920148 us-gaap:SegmentContinuingOperationsMember 2