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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Consolidated Statements of Operations [Abstract]      
Revenues $ 13,008.9 $ 12,161.6 $ 11,863.9
Cost of revenues 9,384.5 8,796.7 8,155.0
Gross profit 3,624.4 3,364.9 3,708.9
Selling, general and administrative expenses 2,230.0 2,021.4 1,763.1
Amortization of intangibles and other assets 256.4 219.8 193.6
Goodwill and other asset impairments 5.3 349.0 261.7
Restructuring and other charges 46.0 49.1 54.0
Operating income 1,086.7 725.6 1,436.5
Interest expense (208.3) (199.6) (179.8)
Investment income 22.3 28.8 7.5
Equity method (loss) income, net (1.4) (1.4) 5.4
Other, net 60.2 15.5 (32.2)
Earnings from continuing operations before income taxes 959.5 568.9 1,237.4
Provision for income taxes 212.4 188.5 233.9
Earnings from continuing operations 747.1 380.4 1,003.5
Earnings from discontinued operations, net of tax 0.0 38.8 277.1
Net earnings 747.1 419.2 1,280.6
Less: Net earnings attributable to the noncontrolling interest (1.1) (1.2) (1.5)
Net earnings attributable to Labcorp Holdings Inc. $ 746.0 $ 418.0 $ 1,279.1
Basic earnings per common share from continuing operations $ 8.89 $ 4.35 $ 11.00
Basic earnings per common share from discontinued operations 0 0.45 3.04
Basic earnings per common share 8.89 4.80 14.05
Diluted earnings per common share from continuing operations 8.84 4.33 10.94
Diluted earnings per common share from discontinued operations 0 0.44 3.03
Diluted earnings per common share $ 8.84 $ 4.77 $ 13.97