Laboratory Gross Profit from 2010 to 2024

LH Stock  USD 240.17  2.32  0.98%   
Laboratory's Gross Profit is increasing with slightly volatile movements from year to year. Gross Profit is predicted to flatten to about 2 B. Gross Profit is the profit Laboratory of makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
1988-03-31
Previous Quarter
864.2 M
Current Value
904.4 M
Quarterly Volatility
366.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Laboratory financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Laboratory's main balance sheet or income statement drivers, such as Interest Expense of 209.6 M, Total Revenue of 12.8 B or Gross Profit of 2 B, as well as many indicators such as Price To Sales Ratio of 1.57, Dividend Yield of 0.0122 or PTB Ratio of 3.28. Laboratory financial statements analysis is a perfect complement when working with Laboratory Valuation or Volatility modules.
  
Check out the analysis of Laboratory Correlation against competitors.

Latest Laboratory's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Laboratory of over the last few years. Gross profit is a required income statement account that reflects total revenue of Laboratory of minus its cost of goods sold. It is profit before Laboratory operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Laboratory's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Laboratory's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 4.39 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Laboratory Gross Profit Regression Statistics

Arithmetic Mean3,034,695,296
Geometric Mean2,638,083,386
Coefficient Of Variation42.90
Mean Deviation949,725,017
Median3,176,400,000
Standard Deviation1,301,837,431
Sample Variance1694780.7T
Range5.3B
R-Value0.63
Mean Square Error1104046.6T
R-Squared0.40
Significance0.01
Slope182,974,665
Total Sum of Squares23726929.8T

Laboratory Gross Profit History

2024B
20233.4 B
20224.4 B
20215.6 B
2020B
20193.3 B
20183.2 B

Other Fundumenentals of Laboratory

Laboratory Gross Profit component correlations

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0.490.590.170.610.260.640.380.690.38-0.150.110.310.350.47-0.250.560.520.290.24-0.410.040.01-0.480.860.69-0.37
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About Laboratory Financial Statements

Investors use fundamental indicators, such as Laboratory's Gross Profit, to determine how well the company is positioned to perform in the future. Although Laboratory's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Gross Profit3.4 BB
Gross Profit Margin 0.28  0.42 

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Check out the analysis of Laboratory Correlation against competitors.
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Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Laboratory. If investors know Laboratory will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Laboratory listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.05)
Dividend Share
2.88
Earnings Share
5.26
Revenue Per Share
151.028
Quarterly Revenue Growth
0.074
The market value of Laboratory is measured differently than its book value, which is the value of Laboratory that is recorded on the company's balance sheet. Investors also form their own opinion of Laboratory's value that differs from its market value or its book value, called intrinsic value, which is Laboratory's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Laboratory's market value can be influenced by many factors that don't directly affect Laboratory's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Laboratory's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laboratory is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laboratory's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.