Labcorp Holdings Inc. (LH) Tax Rate: 20.75%
Is Labcorp Holdings Inc.’s tax rate high or low?
Labcorp Holdings Inc.'s tax rate of 20.75% is 16% below its 5-year average of 24.78%, near the low end of its 5-year range (18.90%–33.13%).
3.24% below its 12-month average of 21.45%.
LH Tax Rate Chart
LH Average Tax Rate Chart
LH Current vs Average Tax Rate Chart
LH Tax Rate Metrics
TAX RATE
20.75%
TAX RATE AVG TTM
21.45%
TAX RATE AVG 3Y
23.73%
TAX RATE AVG 5Y
24.78%
TAX RATE AVG 10Y
24.17%
TAX RATE AVG 15Y
28.45%
TAX RATE AVG 20Y
31.08%
CURRENT VS TTM AVG
-3.24%
CURRENT VS 3Y AVG
-12.56%
CURRENT VS 5Y AVG
-16.25%
CURRENT VS 10Y AVG
-14.16%
CURRENT VS 15Y AVG
-27.05%
CURRENT VS 20Y AVG
-33.23%
Labcorp Holdings Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Labcorp Holdings Inc. Tax Rate FAQ
- What is the tax rate for Labcorp Holdings Inc. (LH)?
- The tax rate for LH stock is 20.75%.
- Is Labcorp Holdings Inc.'s tax rate high or low?
- Labcorp Holdings Inc.'s tax rate of 20.75% is 16% below its 5-year average of 24.78%, near the low end of its 5-year range (18.90%–33.13%).
- What is the TTM average tax rate for Labcorp Holdings Inc. (LH)?
- The TTM average tax rate for LH stock is 21.45%.
- What is the 3Y average tax rate for Labcorp Holdings Inc. (LH)?
- The 3Y average tax rate for LH stock is 23.73%.
- What is the 5Y average tax rate for Labcorp Holdings Inc. (LH)?
- The 5Y average tax rate for LH stock is 24.78%.
- What is the 10Y average tax rate for Labcorp Holdings Inc. (LH)?
- The 10Y average tax rate for LH stock is 24.17%.
- What is the 15Y average tax rate for Labcorp Holdings Inc. (LH)?
- The 15Y average tax rate for LH stock is 28.45%.
- What is the 20Y average tax rate for Labcorp Holdings Inc. (LH)?
- The 20Y average tax rate for LH stock is 31.08%.
Labcorp Holdings Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 20.75% |
| 2024-12-31 | 22.14% |
| 2023-12-31 | 33.13% |
| 2022-12-31 | 18.90% |
| 2021-12-31 | 23.90% |
| 2020-12-31 | 29.84% |
| 2019-12-31 | 25.34% |
| 2018-12-31 | 30.31% |
| 2017-12-31 | -12.26% |
| 2016-12-31 | 33.68% |
| 2015-12-31 | 40.17% |
| 2014-12-31 | 37.99% |
| 2013-12-31 | 37.16% |
| 2012-12-31 | 38.06% |
| 2011-12-31 | 38.45% |
| 2010-12-31 | 37.57% |
| 2009-12-31 | 37.19% |
| 2008-12-31 | 39.86% |
| 2007-12-31 | 40.57% |
| 2006-12-31 | 40.13% |
| 2005-12-31 | 39.72% |
| 2004-12-31 | 41.00% |
| 2003-12-31 | 40.60% |
| 2002-12-31 | 41.11% |
| 2001-12-31 | 45.02% |
| 2000-12-31 | 46.00% |
| 1999-12-31 | 38.01% |
| 1998-12-31 | 15.58% |
| 1997-12-31 | 33.73% |
| 1996-12-31 | 18.48% |
Related Metrics
About Labcorp Holdings Inc.
Labcorp Holdings, Inc. offers vital diagnostic laboratory services, enabling medical professionals, healthcare facilities, pharmaceutical firms, scientific investigators, and patients to make well-informed and confident choices. The company commenced operations on April 16, 2024, and its main office is situated in Burlington, NC.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Adam H. Schechter