Labcorp Gross Margin 2010-2025 | LH
- Labcorp average gross margin for 2024 was 27.87%, a 3.16% increase from 2023.
- Labcorp average gross margin for 2023 was 28.78%, a 16.92% decline from 2022.
- Labcorp average gross margin for 2022 was 34.64%, a 8.75% decline from 2021.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.