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/S ratio

Alert me on P/S ratio

As of 5 November 2026, IDEXX Laboratories, Inc. (IDXX) trades at a P/S ratio of 11.3×. Over the past ten years it has ranged from 3.7× (January 2016) to 19.8× (August 2021); the current reading is higher than 71% of that period. That is above the Diagnostics & Research industry median of 4.2× and above the Healthcare sector median of 3.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 12.6× 44.52%
FY2024 8.7× (29.61%)
FY2023 12.4× 23.25%
FY2022 10.1× (42.21%)
FY2021 17.4× 10.70%
FY2020 15.8× 68.70%
FY2019 9.3× 27.97%
FY2018 7.3× 3.79%
FY2017 7.0× 18.35%
FY2016 5.9× 41.00%

Quarterly newest first

Period P/S ratio Change
Sep 2026 8.8× (3.28%)
Jun 2026 9.1× (9.31%)
Mar 2026 10.1× (20.38%)
Dec 2025 12.6× 2.96%
43 more quarters

Against its own ten years

Low 3.7× High 19.8×
Ten-year median 9.8×
Current reading's percentile 68

P/S ratio against peers

Company P/S ratio
LH Labcorp Holdings Inc. compare 2.0×
DGX Quest Diagnostics Incorporated compare 2.4×
IQV IQVIA Holdings Inc. compare 2.5×
A Agilent Technologies, Inc. compare 6.6×
ILMN Illumina, Inc. compare 7.0×
WAT Waters Corporation compare 8.0×
MTD Mettler-Toledo International, Inc. compare 8.2×
IDXX IDEXX Laboratories, Inc. 11.3×
NTRA Natera, Inc. compare 18.1×
Diagnostics & Research industry median 4.2×
Healthcare sector median 3.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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