IDEXX Laboratories, Inc. IDXX

519.26 5.87 1.14% as of 25 Sep
Market cap
$40.2B
P/E
36.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

IDEXX Laboratories, Inc. (IDXX) Net margin

IDEXX Laboratories, Inc.'s net margin over the twelve months to 30 June 2026 was 25.0%, up 0.4 percentage points from fiscal 2025 (24.6%). Over the past ten years it has ranged from 12.0% (fiscal 2015) to 24.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of −6.37% and above the Healthcare sector median of 0.00%.

Net margin, annual

Annual

Period Net margin Change (points)
FY2025 24.6% 1.84
FY2024 22.8% (0.30)
FY2023 23.1% 2.91
FY2022 20.2% (3.00)
FY2021 23.2% 1.68
FY2020 21.5% 3.72
FY2019 17.8% 0.73
FY2018 17.0% 3.68
FY2017 13.4% 0.85
FY2016 12.5% 0.52

Quarterly

Period Net margin Change (points)
Jun 2026 27.8% 3.41
Mar 2026 24.4% 1.65
Dec 2025 22.8% (2.09)
Sep 2025 24.9% (1.65)
42 more quarters

Against its own ten years

Low 12.0% High 24.6%
Ten-year median 20.2%
Current reading's percentile 100

Net margin against peers

Company Net margin
IDXX IDEXX Laboratories, Inc. 25.0%
MTD Mettler-Toledo International, Inc. compare 21.9%
A Agilent Technologies, Inc. compare 19.5%
ILMN Illumina, Inc. compare 18.4%
DGX Quest Diagnostics Incorporated compare 9.15%
IQV IQVIA Holdings Inc. compare 8.10%
WAT Waters Corporation compare 3.59%
NTRA Natera, Inc. compare −7.11%
GH Guardant Health, Inc. compare −38.3%
Diagnostics & Research industry median −6.37%
Healthcare sector median 0.00%
Market median 0.55%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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