LABCORP HOLDINGS INC. Annual Return On Assets in % from 2010 to 2023

Taxonomy & unit
ratio: %
Description
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.
Summary
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 June 30, 2024 was 2.69 %, a 37% 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 (%)
Period Value YoY Chg Change % Start Date End Date
2023 2.34 -3.97 -62.9% Jan 1, 2023 Dec 31, 2023
2022 6.31 -5.28 -45.6% Jan 1, 2022 Dec 31, 2022
2021 11.6 +3.17 +37.7% Jan 1, 2021 Dec 31, 2021
2020 8.42 +3.75 +80.4% Jan 1, 2020 Dec 31, 2020
2019 4.67 -0.67 -12.5% Jan 1, 2019 Dec 31, 2019
2018 5.34 -2.49 -31.8% Jan 1, 2018 Dec 31, 2018
2017 7.83 +2.86 +57.6% Jan 1, 2017 Dec 31, 2017
2016 4.97 +1.9 +62% Jan 1, 2016 Dec 31, 2016
2015 3.06 -4.07 -57.1% Jan 1, 2015 Dec 31, 2015
2014 7.13 -1.43 -16.7% Jan 1, 2014 Dec 31, 2014
2013 8.56 -0.47 -5.21% Jan 1, 2013 Dec 31, 2013
2012 9.03 +0.55 +6.49% Jan 1, 2012 Dec 31, 2012
2011 8.47 -2.1 -19.9% Jan 1, 2011 Dec 31, 2011
2010 10.6 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.