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. In the quarter to June 2026, revenue grew 9.66%, EPS grew 17.2%, free cash flow grew 111.4% and total debt fell 14.3%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; revenue growth for ten consecutive years, operating cash flow growth for three.

560.36 13.18 +2.41%
Market cap
$43.1B
P/E
39.1×
Fwd P/E
38.3×
Dividend yield
—
F-score
8/9
Altman Z
24.09
Beneish M
−2.50
Dividend safety
n/a

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

Alert me on P/E ratio

As of 16 October 2026, IDEXX Laboratories, Inc. (IDXX) trades at a P/E ratio of 39.1×. Over the past ten years it has ranged from 31.2× (January 2016) to 85.8× (December 2020); the current reading is higher than 11% of that period. That is above the Diagnostics & Research industry median of 35.6× and above the Healthcare sector median of 23.0×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 51.3× 33.71%
FY2024 38.4× (28.72%)
FY2023 53.9× 7.70%
FY2022 50.0× (33.63%)
FY2021 75.3× 2.64%
FY2020 73.4× 39.42%
FY2019 52.6× 22.55%
FY2018 43.0× (18.33%)
FY2017 52.6× 10.93%
FY2016 47.4× 34.94%

Quarterly newest first

Period P/E ratio Change
Jun 2026 36.7× (10.43%)
Mar 2026 41.0× (20.10%)
Dec 2025 51.3× 2.12%
Sep 2025 50.3× 13.50%
42 more quarters

Against its own ten years

Low 31.2× High 85.8×
Ten-year median 51.4×
Current reading's percentile 7

P/E ratio against peers

Company P/E ratio
NTRA Natera, Inc. compare n/m
DGX Quest Diagnostics Incorporated compare 24.6×
LH Labcorp Holdings Inc. compare 26.2×
IQV IQVIA Holdings Inc. compare 32.8×
A Agilent Technologies, Inc. compare 34.0×
MTD Mettler-Toledo International, Inc. compare 36.4×
IDXX IDEXX Laboratories, Inc. 39.1×
ILMN Illumina, Inc. compare 48.4×
WAT Waters Corporation compare 109×
Diagnostics & Research industry median 35.6×
Healthcare sector median 23.0×
Market median 18.1×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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