IDEXX LABORATORIES INC /DE IDXX

Latest FY: 2025 Healthcare Diagnostics & Research
Market Price $551.03
Market Cap $44.72B
P/E Ratio 42.13
Quick Peer Compare (Healthcare):
Revenue (FY 2025) ↑10.4% YoY
$4.30B
3-Yr CAGR: 8.5%
Net Income ↑19.3% YoY
$1.06B
Net Margin: 24.6%
Free Cash Flow ↑30.8% YoY
$1.06B
FCF Yield: 2.36%
EPS (Diluted) ↑22.6% YoY
$13.08
Basic: $13.17
Return on Equity Efficiency
66.0%
ROA: 74.9%

📊 Multi-Year Historical Performance & Trends

Financial Performance History Revenue, Net Income & Free Cash Flow
Margins Trend (%) Gross, Operating & Net Margins
Balance Sheet Strength Cash, Debt & Equity
Cash Flow Generation Operating Cash Flow vs CapEx vs FCF

📈 Year-over-Year (YoY) Growth History (IDXX)

All monetary values in millions ($M)
Fiscal Year Revenue Revenue YoY Gross Profit Net Income Net Inc YoY Diluted EPS EPS YoY Op. Cash Flow Free Cash Flow FCF YoY
FY 2016 $1,775.4M $975.4M $222.0M $2.44 $334.6M $269.8M
FY 2017 $1,969.1M +10.9% $1,097.4M $263.1M +18.5% $2.94 +20.5% $373.3M $298.9M +10.8%
FY 2018 $2,213.2M +12.4% $1,241.5M $377.0M +43.3% $4.26 +44.9% $400.1M $284.3M -4.9%
FY 2019 $2,406.9M +8.8% $1,365.5M $427.7M +13.4% $4.89 +14.8% $459.2M $304.2M +7.0%
FY 2020 $2,706.7M +12.5% $1,571.0M $581.8M +36.0% $6.71 +37.2% $648.1M $541.1M +77.9%
FY 2021 $3,215.4M +18.8% $1,889.4M $744.8M +28.0% $8.60 +28.2% $755.5M $636.0M +17.5%
FY 2022 $3,367.3M +4.7% $2,004.3M $679.1M -8.8% $8.03 -6.6% $543.0M $394.1M -38.0%
FY 2023 $3,661.0M +8.7% $2,190.0M $845.0M +24.4% $10.06 +25.3% $906.5M $772.9M +96.1%
FY 2024 $3,897.5M +6.5% $2,378.9M $887.9M +5.1% $10.67 +6.1% $929.0M $808.1M +4.6%
FY 2025 $4,303.7M +10.4% $2,659.6M $1,059.5M +19.3% $13.08 +22.6% $1,181.8M $1,057.1M +30.8%
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Valuation

Market Price $551.03
Market Cap $44.72B
Enterprise Value $44.99B
P/E Ratio 42.13
P/B Ratio 27.08
FCF Yield 2.36%
Dividend Yield N/A
Shares Outstanding 78,883,000
%

Profitability & Margins

Gross Margin 61.80%
Operating Margin 31.60%
Net Margin 24.62%
Return on Equity (ROE) 65.99%
Return on Assets (ROA) 74.94%
Asset Turnover 3.04x
Revenue 3-Yr CAGR 8.52%
🛡️

Financial Health & Liquidity

Current Ratio 2.67
Cash Ratio 0.34
Debt / Equity 0.280
Debt / Assets 0.318
Cash & Equivalents $180.07M
Total Debt $449.84M
Book Value / Share $20.35
💧

Cash Flow Efficiency

Operating Cash Flow $1.18B
Capital Expenditures (CapEx) $124.68M
Free Cash Flow $1.06B
OCF / Revenue 27.46%
FCF / Revenue 24.56%
FCF 3-Yr CAGR 38.94%
🏷️

Per Share Metrics

EPS (Diluted) $13.08
EPS (Basic) $13.17
Dividends / Share N/A
Book Value / Share $20.35
EPS YoY Growth 22.59%
🏛️

Balance Sheet (FY 2025)

Total Assets $1.41B
Total Liabilities $530.15M
Stockholders' Equity $1.61B
Current Assets $1.41B
Current Liabilities $530.15M