Company / Income Tax
Labcorp Income Tax History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Income Tax
$229.8M
FY2025
5-year range
$188.5M / $690.0M
FY2021-FY2025
Trend
+8.2%
vs FY2024
Sector context
#28 of 162
Health Care
What the data says
Labcorp's income tax of $230M is higher than 83% of companies in the Health Care sector (FY2025). Income Tax has fluctuated over the past 10 years, ranging from -$155M in FY2017 to $690M in FY2021.
Based on SEC 10-K filings.
$230M in FY2025 with a 5-year CAGR of -9.8%. Top quartile in the Health Care sector.
Increased from $189M to $230M over the past 2 years.
Health Care sector context is included.
Income Tax over time
Growth rates
- 3-Year CAGR
- -0.6%
- 5-Year CAGR
- -9.8%
- 10-Year CAGR
- -
Sector benchmark
Bottom 17% in Health CareTop 83% of 162This company $229.8M Sector average $145.4M
▼
+58.0% above sector average
Key checks
Key Insights
- 5-year CAGR of -9.8%, indicating a declining trend.
- In FY2025, income tax increased 8.2% year-over-year.
- Ranks #28 out of 162 companies in the Health Care sector.
- Peak income tax was recorded in FY2021.
Company context
Key Data Points
- High Piotroski F-Score: 8/9 (strong financial health signals)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Income TaxValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $229.8M | +8.2% |
| FY2024 | $212.4M | +12.7% |
| FY2023 | $188.5M | -19.4% |
| FY2022 | $233.9M | -66.1% |
| FY2021 | $690.0M | +79.5% |
| FY2020 | $384.4M | +37.3% |
| FY2019 | $280.0M | -27.2% |
| FY2018 | $384.4M | +347.4% |
| FY2017 | -$155.4M | -143.1% |
| FY2016 | $360.7M | +25.5% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026