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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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Labcorp Holdings Inc. quarterly/annual Return On Assets history and growth rate from 2010 to 2023.
- Labcorp Holdings Inc. Return On Assets for the quarter ending September 30, 2024 was 2.54 %, a 28.1% decline year-over-year.
- Labcorp Holdings Inc. annual Return On Assets for 2023 was 2.34 %, a 62.9% decline from 2022.
- Labcorp Holdings Inc. annual Return On Assets for 2022 was 6.31 %, a 45.6% decline from 2021.
- Labcorp Holdings Inc. annual Return On Assets for 2021 was 11.6 %, a 37.7% increase from 2020.
Return On Assets, Annual (%)
Return On Assets, YoY Annual Growth (%)