Laboratory Income Tax Expense from 2010 to 2024

LH Stock  USD 199.45  0.52  0.26%   
Laboratory's Income Tax Expense is increasing with stable movements from year to year. Income Tax Expense is estimated to finish at about 233.9 M this year. For the period between 2010 and 2024, Laboratory, Income Tax Expense quarterly trend regression had median of  314,100,000 and r-value of  0.21. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-03-31
Previous Quarter
55.1 M
Current Value
19.7 M
Quarterly Volatility
65.7 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 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 1.9 B, as well as many exotic indicators such as Price To Sales Ratio of 1.6, Dividend Yield of 0.0122 or PTB Ratio of 3.27. Laboratory financial statements analysis is a perfect complement when working with Laboratory Valuation or Volatility modules.
  
This module can also supplement Laboratory's financial leverage analysis and stock options assessment as well as various Laboratory Technical models . Check out the analysis of Laboratory Correlation against competitors.

Latest Laboratory's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Laboratory of over the last few years. It is Laboratory's Income Tax Expense 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.
Income Tax Expense10 Years Trend
Pretty Stable
   Income Tax Expense   
       Timeline  

Laboratory Income Tax Expense Regression Statistics

Arithmetic Mean314,338,800
Coefficient Of Variation67.10
Mean Deviation133,083,787
Median314,100,000
Standard Deviation210,910,057
Sample Variance44483.1T
Range886.2M
R-Value0.21
Mean Square Error45693.7T
R-Squared0.05
Significance0.44
Slope10,132,050
Total Sum of Squares622762.7T

Laboratory Income Tax Expense History

2024233.9 M
2023188.5 M
2022302 M
2021747.1 M
2020662.1 M
2019280 M
2018384.4 M

About Laboratory Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Laboratory income statement, its balance sheet, and the statement of cash flows. Laboratory investors use historical funamental indicators, such as Laboratory's Income Tax Expense, to determine how well the company is positioned to perform in the future. Although Laboratory investors may use each financial statement separately, they are all related. The changes in Laboratory's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Laboratory's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Laboratory Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Laboratory. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Tax Expense188.5 M233.9 M

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When determining whether Laboratory offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Laboratory's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Laboratory Of Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Laboratory Of Stock:
Check out the analysis of Laboratory Correlation against competitors.
Note that the Laboratory information on this page should be used as a complementary analysis to other Laboratory's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

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When running Laboratory's price analysis, check to measure Laboratory's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Laboratory is operating at the current time. Most of Laboratory's value examination focuses on studying past and present price action to predict the probability of Laboratory's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laboratory's price. Additionally, you may evaluate how the addition of Laboratory to your portfolios can decrease your overall portfolio volatility.
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Is Laboratory's industry 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
(0.46)
Dividend Share
2.88
Earnings Share
4.34
Revenue Per Share
139.628
Quarterly Revenue Growth
0.035
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.