LABCORP HOLDINGS INC. Annual Operating Margin in % from 2013 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Labcorp Holdings Inc. quarterly/annual Operating Margin history and growth rate from 2013 to 2023.
  • Labcorp Holdings Inc. Operating Margin for the quarter ending September 30, 2024 was 5.88 %, a 16.4% decline year-over-year.
  • Labcorp Holdings Inc. annual Operating Margin for 2023 was 5.97 %, a 50.7% decline from 2022.
  • Labcorp Holdings Inc. annual Operating Margin for 2022 was 12.1 %, a 47.8% decline from 2021.
  • Labcorp Holdings Inc. annual Operating Margin for 2021 was 23.2 %, a 32.6% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 5.97 -6.14 -50.7% Jan 1, 2023 Dec 31, 2023
2022 12.1 -11.1 -47.8% Jan 1, 2022 Dec 31, 2022
2021 23.2 +5.71 +32.6% Jan 1, 2021 Dec 31, 2021
2020 17.5 +5.98 +51.9% Jan 1, 2020 Dec 31, 2020
2019 11.5 -0.19 -1.62% Jan 1, 2019 Dec 31, 2019
2018 11.7 -0.96 -7.58% Jan 1, 2018 Dec 31, 2018
2017 12.7 -0.64 -4.81% Jan 1, 2017 Dec 31, 2017
2016 13.3 +1.82 +15.8% Jan 1, 2016 Dec 31, 2016
2015 11.5 -3.66 -24.2% Jan 1, 2015 Dec 31, 2015
2014 15.1 -1.92 -11.3% Jan 1, 2014 Dec 31, 2014
2013 17.1 Jan 1, 2013 Dec 31, 2013
* An asterisk sign (*) next to the value indicates that the value is likely invalid.