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

675.64 4.93 +0.74%
Market cap
$52.8B
P/E
45.3×
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) Price to free cash flow

Alert me on Price to free cash flow

As of 6 November 2026, IDEXX Laboratories, Inc. (IDXX) trades at a price to free cash flow of 41.0×. Over the past ten years it has ranged from 30.7× (October 2026) to 112× (February 2023); the current reading is higher than 7% of that period. That is above the Diagnostics & Research industry median of 33.7× and above the Healthcare sector median of 20.5×.

Price to free cash flow, daily

Embed this chart

Annual newest first

Period Price to free cash flow Change
FY2025 56.9× 20.30%
FY2024 47.3× (20.71%)
FY2023 59.6× (32.53%)
FY2022 88.4× (0.50%)
FY2021 88.8× 12.53%
FY2020 78.9× 4.17%
FY2019 75.8× 28.89%
FY2018 58.8× 25.89%
FY2017 46.7× 21.34%
FY2016 38.5× (20.93%)

Quarterly newest first

Period Price to free cash flow Change
Sep 2026 31.7× (5.76%)
Jun 2026 33.6× (20.56%)
Mar 2026 42.3× (25.64%)
Dec 2025 56.9× (4.05%)
43 more quarters

Against its own ten years

Low 30.7× High 112×
Ten-year median 61.9×
Current reading's percentile 7

Price to free cash flow against peers

Company Price to free cash flow
DGX Quest Diagnostics Incorporated compare 20.5×
IQV IQVIA Holdings Inc. compare 21.5×
LH Labcorp Holdings Inc. compare 25.7×
ILMN Illumina, Inc. compare 30.9×
A Agilent Technologies, Inc. compare 38.8×
MTD Mettler-Toledo International, Inc. compare 39.4×
IDXX IDEXX Laboratories, Inc. 41.0×
WAT Waters Corporation compare 174×
NTRA Natera, Inc. compare 873×
Diagnostics & Research industry median 33.7×
Healthcare sector median 20.5×
Market median 14.0×

What Price to free cash flow is

Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.

Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))

The full definition of Price to free cash flow →

More on IDXX