• Labcorp average return on assets for 2023 was 3.78, a 56.55% decline from 2022.
• Labcorp average return on assets for 2022 was 8.7, a 34.68% decline from 2021.
• Labcorp average return on assets for 2021 was 13.32, a 214.15% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.