NASDAQ · Medical - Diagnostics & Research

IDEXX Laboratories, Inc. (IDXX) Stock

$560.36 +2.41% NASDAQ: IDXX Healthcare

Valuation

MetricValue
Price$560.36
Market Cap$44.15B
P/E Ratio36.46
P/B Ratio25.79
P/S Ratio9.00
EPS (TTM)$13.08
52-Week High$769.98
52-Week Low$500.61
Dividend Yield0.00%

Financials & Margins

MetricValue
ROE71.96%
ROA33.11%
ROCE67.69%
Gross Margin31.60%
Operating Margin31.60%
Net Margin25.03%
Debt/Equity0.68
Current Ratio1.17

Annual Financials (USD)

Metric20212022202320242025
Revenue$3.2B$3.4B$3.7B$3.9B$4.3B
Operating Profit$932.0M$899.0M$1.1B$1.1B$1.4B
Net Profit$745.0M$679.0M$845.0M$888.0M$1.1B
EPS$8.60$8.03$10.06$10.67$13.08
Op Margin29.0%26.7%30.0%28.9%31.6%

Balance Sheet (USD)

Metric20212022202320242025
Total Assets$2.4B$2.7B$3.3B$3.3B$3.4B
Total Liabilities$1.7B$2.1B$1.8B$1.7B$1.7B
Cash$144.0M$113.0M$454.0M$288.0M$180.0M
Borrowings$1.0B$1.5B$1.1B$987.0M$1.1B

Latest News

IDXX: Lowering target price to $595.00 Argus Research · Jul 15, 2026 These 3 Water ETFs Could be Quiet Winners From Infrastructure Spending MarketBeat · Jul 14, 2026 Buy 3 AI-Led Medical Devices Laggards of 1H Set to Gather Pace in 2H Zacks · Jul 14, 2026 IDEXX Laboratories Earnings Preview: What to Expect Barchart · Jul 13, 2026 Leerink Partners Adjusts IDEXX Laboratories Price Target to $715 From $725, Maintains Outperform Rating MT Newswires · Jul 13, 2026

Cash Flow (USD)

Metric20212022202320242025
Operating Cash Flow$756.0M$543.0M$907.0M$929.0M$1.2B
Investing Cash Flow$-413.0M$-344.0M$-259.0M$-338.0M$-261.0M
Financing Cash Flow$-767.0M$-837.0M$-85.0M$-848.0M$-1.2B
Net Cash Flow$-239.0M$-32.0M$341.0M$-166.0M$-108.0M
Free Cash Flow$636.0M$394.0M$773.0M$798.0M$1.1B

Valuation & Return Ratios

MetricValue
PEG Ratio2.06
EV / EBITDA25.88
FCF Yield3.05%
Quick Ratio0.87
Interest Coverage37.31
Return 1Y-14.39%
Return 3Y27.38%
Return 5Y-15.92%

Peer Comparison

TickerPriceChangeP/EMarket CapDiv Yield
ELANElanco Animal Health Incorporated $23.55 +0.04% -54.00 $11.76B 0.00%
MRKMerck & Company, Inc. Common Stock (new) $145.97 +0.53% 118.05 $360.12B 2.29%
NEOGNeogen Corporation $11.81 -3.75% -365.96 $2.58B 0.00%
ZTSZoetis Inc. $79.32 +1.15% 11.69 $32.78B 2.98%

About IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc. is led by CEO Jonathan J. Mazelsky, employs 11,000 people, headquartered in Westbrook, US, publicly traded since 1991.

IDEXX Laboratories, Inc. (IDXX) stock trades at $560.36 with a market capitalization of $44.15B. The stock is valued at a price-to-earnings (P/E) ratio of 36.46, price-to-book of 25.79, price-to-sales of 9.00. Over the past 52 weeks the stock has ranged between $500.61 and $769.98, and currently trades 27.2% below its 52-week high.

On profitability, IDEXX Laboratories, Inc. generates a return on equity (ROE) of 71.96%, above the typical market range of roughly 12-15%, return on capital employed of 67.69%, an operating margin of 31.60%, a net profit margin of 25.03%.

In its most recent fiscal year, IDEXX Laboratories, Inc. reported annual revenue of $4.3B, net profit of $1.1B. Over the last 5 fiscal years, revenue grew at an average annual rate of 9.7%, and net profit grew at an average annual rate of 12.7%. Over that span net profit grew faster than revenue, so net margin widened.

The balance sheet shows a debt-to-equity ratio of 0.68, a current ratio of 1.17, total assets of $3.4B, $180.0M in cash and equivalents.

IDXX has a beta of 1.54 (historically more volatile than the overall market).

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