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IDEXX Laboratories, Inc. IDXX NDXSPXR3KPHARMA

Healthcare · Diagnostics & Research · United States
https://www.idexx.com
Company Profile ↓
$535.38
-19.36% 1Y
Mkt Cap$42.23B
P/E37.65
P/B29.87
52W High$766.68
52W Low$526.44
Book Value$19.64
EPS (TTM)$14.22

Company Overview

IDEXX Laboratories, Inc. develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries in the United States and internationally. It operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. The company offers point-of-care diagnostic solutions, blood and urine chemistry, hematology, immunoassay, urinalysis, cytology/morphology, and coagulation analyzers; and SNAP rapid assays test kits. It also provides commercial reference laboratory diagnostic and consulting services to veterinarians; veterinary consultation, telemedicine, and advisory services, including radiology, dental radiography, cardiology, internal medicine, and ultrasound consulting; Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, Quanti-Tray products, and Tecta system instruments; UV Viewer Plus, a UV light cabinet which aids in the visual interpretation of fluorescent-based water tests; and veterinary software and services for independent veterinary clinics and corporate groups. In addition, the company offers diagnostic tests, services, and related instrumentation to manage the health status of livestock and poultry; human medical diagnostic products and services; and VetConnect PLUS, a cloud-based technology that enables veterinarians to access and analyze patients, as well as operates VetLab Station. It markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.

Why Investors Should Care

Strong Return on Equity

Generates a return on equity of 74.2%, reflecting efficient use of shareholder capital.

Healthy Capital Returns

Return on capital employed stands at 61.8%.

Consistent Profit Growth

Net profit has compounded at 14.8% per year over the last five years.

Healthy Margins

Maintains a net profit margin of 25.0%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $4.30B (+10.4% YoY); net profit $1.06B.
  • Trailing 12 Months Year-on-year growth — revenue +9.7%, earnings +17.6%.
  • 5-Year Trend Long-term compounding — revenue CAGR 9.4%, profit CAGR 14.8%.

Growth & Price Performance

Compounded Sales Growth

5 Years:9.39%
1 Year:9.70%

Compounded Profit Growth

5 Years:14.82%
1 Year:17.60%

Stock Price Performance

1 Year:-19.36%
6 Months:-12.00%
3 Months:-4.76%
1 Month:-9.26%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bearish
52-Week Range 4% of range
$526.44 $766.68
Trend Signals
  • Price vs 50-DMABelow
  • Price vs 200-DMABelow
  • RSI (14)41.35 · Neutral
Price Performance
1M-9.26%
3M-4.76%
6M-12.00%
1Y-19.36%
Valuation vs Sector

P/E of 37.65 is above the sector median of 25.17 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Strong return on equity of 74.2%.
  • Healthy ROCE of 61.8%.
  • Excellent profit margin of 25.0%.
  • Profit CAGR of 14.8% over 5 years.
  • Generates positive free cash flow.

CONS

  • Trading 30.2% below its 52-week high.
  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
37.65
Industry PE
25.17
Forward P/E
32.41
PEG Ratio
3.61
Book Value
$19.64
Price to Book
29.87
P/S
10.16
EV/EBITDA
29.05
Dividend Yield
0.00%

Growth (CAGR)

Revenue 5Y
9.39%
Profit 5Y
14.82%
Revenue (YoY)
9.70%
Earnings (YoY)
17.60%

Profitability & Returns

ROCE
61.76%
ROE
74.21%
ROA
27.08%
Profit Margin
25.03%
Op Margin
34.98%
Gross Margin
62.45%
EPS (Latest Qtr)
$4.27
EPS (TTM)
$14.22

Balance Sheet & Liquidity

Debt/Equity
0.68
Quick Ratio
0.73
Current Ratio
1.17
Debt
$1.10B
Total Assets
$3.44B
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.22%
Chg in Prom Hold
0.00%
FII / Inst Holding
96.85%
Chg in FII Hold
0.02%

Financial Snapshot

Enterprise Value
$42.23B
Total Revenue (TTM)
$4.55B
EBITDA
$1.62B
Free Cash Flow
$909.37M
Operating Cash Flow
$1.37B
Shares Outstanding
78.88M
Gross Margin
62.45%
Payout Ratio
0.00%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 IDXX IDEXX Laboratories, Inc. NDXSPXR3KPHARMA 535.38 37.65 $42.23B 0.00% 61.76% 74.21% 9.39% 14.82%
2 LLY Eli Lilly and Company SPXR3KPHARMA 1,149.36 38.57 $1.02T 0.58% - 102.29% 7.20% 11.41%
3 JNJ Johnson & Johnson SPXR3KPHARMA 275.23 31.97 $663.28B 2.09% 14.88% 25.74% 2.43% 4.76%
4 ABBV AbbVie Inc. SPXR3KPHARMA 256.46 72.45 $453.19B 2.84% 10.47% -129.24% 1.75% -29.06%
5 MRK Merck & Co., Inc. SPXR3KPHARMA 150.33 120.26 $371.29B 2.65% - 34.70% 5.64% 10.01%
6 UNH UnitedHealth Group Incorporated SPXR3KPHARMA 397.14 25.54 $356.47B 2.33% 9.74% 14.15% 10.40% 5.43%
7 NVS Novartis AG PHARMA 159.99 24.20 $304.10B 3.03% 21.09% 30.35% 9.25% 26.22%
8 AZN AstraZeneca PLC NDXPHARMA 162.70 24.36 $252.33B 1.98% 15.97% 21.96% 9.82% 45.96%
9 AMGN Amgen Inc. NDXSPXR3KPHARMA 437.23 27.14 $235.98B 2.49% 13.95% 91.47% 5.51% 5.55%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jun 2015Sep 2015Dec 2015Mar 2016Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020Mar 2021Jun 2021Sep 2021Mar 2022Jun 2022Sep 2022Mar 2023Jun 2023Sep 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue -------462.02M508.94M491.98M506.12M537.66M580.75M545.45M549.39M576.06M620.10M605.30M605.45M626.34M637.59M721.79M777.71M826.14M810.42M836.55M860.55M841.66M900.20M943.63M915.53M964.10M1.00B975.54M998.43M1.11B1.11B1.09B1.14B1.22B
Cost of Revenue ----------------------------------375.05M414.73M421.88M432.46M418.08M-
Gross Profit 232.76M224.27M217.69M227.54M260.54M246.73M240.63M258.19M292.71M274.00M272.47M303.10M332.44M305.64M300.36M331.60M357.85M344.95M331.15M359.59M379.34M422.61M470.78M489.31M472.92M498.75M514.03M506.63M542.97M572.85M547.98M593.07M619.16M596.04M623.38M694.73M683.35M658.11M722.74M779.09M
Operating Expenses ----------------------------------306.85M321.69M328.51M342.51M360.15M-
Operating Income 88.30M71.89M66.91M73.79M104.16M88.46M83.83M92.24M122.56M100.41M97.81M113.04M145.59M117.35M115.35M133.14M164.28M139.80M115.63M144.32M193.25M171.86M247.62M259.25M225.96M248.34M179.07M244.83M280.40M296.14M275.28M298.96M263.80M303.89M316.53M373.05M354.85M315.61M362.59M425.57M
EBITDA ----------------------------------351.81M409.44M392.05M354.91M400.87M-
Interest Expense ----------------------------------7.67M11.32M10.65M9.21M7.74M-
Pretax Income ----------------------------------310.08M362.35M344.77M306.98M355.44M-
Tax Provision ----------------------------------67.41M68.36M70.16M58.79M77.00M-
Net Income 56.91M44.22M44.35M46.02M67.20M56.45M52.37M69.02M85.36M70.51M38.26M89.45M108.69M93.25M85.64M102.68M125.71M108.84M90.50M111.83M148.94M146.22M204.26M202.58M175.24M193.97M131.98M180.94M214.05M224.24M212.23M235.58M203.30M232.84M242.68M293.99M274.61M248.19M278.45M338.41M
Diluted EPS 0.600.480.480.510.740.620.580.770.950.790.431.011.231.050.981.171.431.241.041.291.721.692.352.342.032.271.562.152.552.672.532.812.442.802.963.633.403.083.474.27
R&D Expense 24.32M24.86M-24.62M25.41M25.67M-25.79M27.00M27.59M-29.02M29.51M29.19M-31.51M32.26M34.26M-33.31M31.64M37.52M37.58M37.70M40.43M40.17M123.22M48.01M44.67M46.51M47.97M52.63M55.45M53.98M59.06M61.90M63.41M-65.79M65.43M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 1.02B1.03B1.10B1.22B1.29B1.38B1.49B1.60B1.78B1.97B2.21B2.41B2.71B-3.37B3.66B3.90B4.30B
Cost of Revenue --------------1.36B1.47B1.52B1.64B
Gross Profit 529.77M526.28M578.62M646.51M699.15M756.12M816.12M890.27M975.44M1.10B1.24B1.37B1.57B-2.00B2.19B2.38B2.66B
Operating Expenses --------------1.11B1.09B1.25B1.30B
Operating Income 172.46M175.97M203.88M236.22M262.56M266.76M260.25M299.91M350.24M413.03M491.33M552.85M694.52M-898.76M1.10B1.13B1.36B
EBITDA --------------1.01B1.22B1.27B1.51B
Interest Expense --------------39.86M41.58M31.20M38.85M
Pretax Income --------------859.97M1.06B1.11B1.32B
Tax Provision --------------180.88M216.13M221.96M264.73M
Net Income 116.17M122.22M141.28M161.79M178.27M187.80M181.91M192.08M222.04M263.14M377.03M427.72M581.78M-679.09M845.04M887.87M1.06B
Diluted EPS 1.872.012.372.783.171.741.792.052.442.944.264.896.71-8.0310.0610.6713.08
R&D Expense 70.67M65.12M68.60M76.04M82.01M88.00M98.26M99.68M101.12M109.18M117.86M133.19M141.25M161.01M254.82M190.95M219.79M251.21M

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Jan 2018Dec 2018Jan 2019Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --808.53M897.14M1.03B1.10B1.23B1.38B1.47B1.53B1.71B1.74B1.54B1.62B1.83B2.29B2.44B2.75B3.26B3.29B3.35B
Total Equity 438.32M438.19M514.57M574.24M539.58M636.22M518.19M117.52M-84.12M-108.35M-54.11M--9.51M-177.47M632.09M689.99M608.74M1.48B1.60B1.61B
Cash & Equivalents 60.36M78.87M106.73M156.91M183.90M223.99M279.06M322.54M128.99M154.90M187.68M-123.79M-90.33M383.93M144.45M112.55M453.93M288.27M180.07M
Long Term Debt ----3.42M2.50M151.39M350.00M597.10M593.70M606.60M-601.80M-698.91M858.49M775.21M694.39M622.88M449.79M374.84M
Total Liabilities --293.95M322.86M491.22M467.35M712.30M1.27B1.56B1.64B1.77B1.80B1.55B1.63B1.65B1.66B1.75B2.14B1.78B1.70B1.75B
Current Liabilities --256.31M285.11M436.88M406.33M478.35M820.91M856.76M934.57M1.00B-770.44M784.22M725.34M582.76M763.58M1.24B951.55M1.07B1.15B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 143.31M174.95M178.83M217.91M222.41M246.00M235.85M--373.28M400.08M459.16M648.06M755.55M542.98M906.51M929.00M1.18B
Investing Cash Flow -91.59M-53.62M-43.19M-94.21M-58.13M-86.06M-80.41M---138.69M138.60M-205.53M-109.38M-292.97M-195.35M-125.25M-207.06M-136.24M
Financing Cash Flow -30.79M-95.30M-86.77M-97.66M-125.34M-102.45M-103.44M---208.02M-597.80M-286.41M-248.42M-697.41M-370.94M-442.00M-878.07M-1.16B
Capital Expenditure -89.97M-50.66M-38.91M-49.68M-57.62M-77.61M-60.52M-82.92M-64.79M-74.38M-115.75M-154.97M-106.96M-119.55M-148.84M-133.63M-120.92M-124.68M
Free Cash Flow 53.34M124.29M139.93M168.24M164.79M168.38M175.32M--298.89M284.33M304.19M541.11M636.00M394.15M772.88M808.08M1.06B
Share Buybacks 132.34M83.10M143.09M255.50M132.27M367.76M618.16M401.98M304.09M282.56M369.32M301.66M182.81M746.78M819.71M71.92M837.03M1.22B

Ratios (Annual)

Figures in %.

Metric Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % 51.7%51.0%52.4%53.0%54.1%54.9%54.9%55.6%54.9%55.7%56.1%56.7%58.0%-59.5%59.8%61.0%61.8%
Operating Margin % 16.8%17.1%18.5%19.4%20.3%19.4%17.5%18.7%19.7%21.0%22.2%23.0%25.7%-26.7%30.0%29.0%31.6%
Net Margin % 11.3%11.8%12.8%13.3%13.8%13.6%12.2%12.0%12.5%13.4%17.0%17.8%21.5%-20.2%23.1%22.8%24.6%
ROE % 26.5%23.8%24.6%30.0%28.0%36.2%154.8%-228.3%-204.9%-486.3%-3,963.3%241.0%92.0%-111.6%56.9%55.7%66.0%
ROCE % -31.9%33.3%39.8%37.7%35.5%46.2%48.5%58.8%58.3%64.1%49.9%40.6%-59.5%47.5%50.7%61.8%

Shareholding Pattern

Insiders
0.22%
Institutions
96.85%
Public Float
97.06%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 10.37% 8.17M $4.53B
2 Vanguard Capital Management LLC 6.54% 5.15M $2.86B
3 Vanguard Portfolio Management LLC 4.95% 3.90M $2.16B
4 State Street Corporation 4.76% 3.75M $2.08B
5 Invesco Ltd. 4.58% 3.61M $2.00B
6 Geode Capital Management, LLC 3.25% 2.56M $1.42B
7 BAMCO Inc. 2.51% 1.98M $1.10B
8 Morgan Stanley 1.72% 1.36M $752.62M
9 Bank Of New York Mellon Corporation 1.51% 1.19M $662.29M
10 Arrowstreet Capital, Limited Partnership 1.35% 1.07M $592.22M

Analyst View

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Latest News

Recent headlines for IDXX

Google News Mon, 07 Sep 2026

Down 16% in the Last 12 Months, Can IDEXX Stock Bounce Back in 2027? - TIKR.com

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Google News Fri, 04 Sep 2026

IDXX: Idexx Laboratories Inc Latest Stock Price, Analysis, News and Trading Ideas - Stocktwits

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Google News Fri, 21 Aug 2026

Is it a Prudent Move to Retain IDEXX Stock in Your Portfolio Now? - Yahoo Finance

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Google News Sat, 15 Aug 2026

IDXX Stock Price and Chart — NASDAQ:IDXX - TradingView

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Google News Sat, 05 Sep 2026

IDXX 260918 560.00P (IDXX260918P560000) Stock Options Chain | Quotes & News - Moomoo

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Google News ue, 14 Jul 2026

Why IDEXX Laboratories (IDXX) Stock Is Down Today - quiverquant.com

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IDXX — Frequently Asked Questions

What is the current share price of IDEXX Laboratories, Inc. (IDXX)?

As of 2026-09-07 16:24 PDT, IDEXX Laboratories, Inc. (IDXX) trades at $535.38 on NasdaqGS. Its 52-week range is $526.44 to $766.68.

What is the market capitalisation of IDXX?

IDEXX Laboratories, Inc. (IDXX) has a market capitalisation of $42.23B on NasdaqGS.

What is the P/E ratio of IDXX?

IDXX trades at a trailing price-to-earnings (P/E) ratio of 37.65. The industry average P/E is 25.17. Its price-to-book (P/B) ratio is 29.87.

What is the return on equity (ROE) of IDXX?

IDXX has a return on equity (ROE) of 74.21%. Its return on capital employed (ROCE) is 61.76%.

Is IDXX a good stock to buy?

This page provides a data-driven analysis of IDEXX Laboratories, Inc. (IDXX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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