IDEXX Laboratories, Inc.

IDXX Healthcare Diagnostics & Research

IDEXX Laboratories, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.3 billion, up 10.4% from fiscal 2024.

Revenue
+9.86%
EPS
+17.3%
Free cash flow
+17.6%
Total debt
−28.6%

Quarter to September 2026, against a year earlier

669.01 29.54 −4.23%
Market cap
$52.8B
P/E
44.8×
Fwd P/E
37.3×
Dividend yield
—
F-score
8/9
Altman Z
24.09
Beneish M
−2.50
Dividend safety
n/a

IDEXX Laboratories, Inc. (IDXX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, IDEXX Laboratories, Inc. (IDXX) trades at a P/B ratio of 28.2×. Over the past ten years it has ranged from 0.0× (March 2019) to 859× (August 2015); the current reading is higher than 41% of that period. That is above the Diagnostics & Research industry median of 3.4× and above the Healthcare sector median of 2.3×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 33.9× 58.59%
FY2024 21.4× (30.26%)
FY2023 30.6× (45.05%)
FY2022 55.8× (31.40%)
FY2021 81.3× 20.61%
FY2020 67.4× (46.69%)
FY2019 126× —
FY2018 0.0× —
FY2017 0.0× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 22.0× (14.56%)
Jun 2026 25.8× (10.38%)
Mar 2026 28.8× (15.15%)
Dec 2025 33.9× 3.40%
43 more quarters

Against its own ten years

Low 0.0× High 859×
Ten-year median 34.0×
Current reading's percentile 20

P/B ratio against peers

Company P/B ratio
WAT Waters Corporation compare 2.9×
LH Labcorp Holdings Inc. compare 3.3×
DGX Quest Diagnostics Incorporated compare 3.5×
IQV IQVIA Holdings Inc. compare 6.4×
A Agilent Technologies, Inc. compare 6.6×
ILMN Illumina, Inc. compare 10.1×
NTRA Natera, Inc. compare 28.2×
IDXX IDEXX Laboratories, Inc. 28.2×
MTD Mettler-Toledo International, Inc. compare 2,631×
Diagnostics & Research industry median 3.4×
Healthcare sector median 2.3×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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