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

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Labcorp Holdings Inc. quarterly/annual Return On Equity history and growth rate from 2010 to 2023.
  • Labcorp Holdings Inc. Return On Equity for the quarter ending September 30, 2024 was 5.44 %, a 23.7% decline year-over-year.
  • Labcorp Holdings Inc. annual Return On Equity for 2023 was 4.79 %, a 61.3% decline from 2022.
  • Labcorp Holdings Inc. annual Return On Equity for 2022 was 12.4 %, a 46.2% decline from 2021.
  • Labcorp Holdings Inc. annual Return On Equity for 2021 was 23 %, a 18.6% increase from 2020.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 4.79 -7.59 -61.3% Jan 1, 2023 Dec 31, 2023
2022 12.4 -10.6 -46.2% Jan 1, 2022 Dec 31, 2022
2021 23 +3.61 +18.6% Jan 1, 2021 Dec 31, 2021
2020 19.4 +8.03 +70.5% Jan 1, 2020 Dec 31, 2020
2019 11.4 -1.09 -8.73% Jan 1, 2019 Dec 31, 2019
2018 12.5 -7.59 -37.8% Jan 1, 2018 Dec 31, 2018
2017 20.1 +6.89 +52.3% Jan 1, 2017 Dec 31, 2017
2016 13.2 +3.93 +42.5% Jan 1, 2016 Dec 31, 2016
2015 9.25 -9.77 -51.4% Jan 1, 2015 Dec 31, 2015
2014 19 -2.65 -12.2% Jan 1, 2014 Dec 31, 2014
2013 21.7 +3.58 +19.8% Jan 1, 2013 Dec 31, 2013
2012 18.1 -2.64 -12.7% Jan 1, 2012 Dec 31, 2012
2011 20.7 -3.79 -15.5% Jan 1, 2011 Dec 31, 2011
2010 24.5 Jan 1, 2010 Dec 31, 2010
* An asterisk sign (*) next to the value indicates that the value is likely invalid.