IDEXX Laboratories, Inc. IDXX
- Market cap
- $40.2B
- P/E
- 36.2×
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IDEXX Laboratories, Inc. (IDXX) Return on assets
IDEXX Laboratories, Inc.'s return on assets over the twelve months to 30 June 2026 was 33.7%, up 1.8 percentage points from fiscal 2025 (31.9%). Over the past ten years it has ranged from 13.4% (fiscal 2015) to 31.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Diagnostics & Research industry median of −6.71% and above the Healthcare sector median of −30.9%.
Return on assets, annual
Annual
| Period | Return on assets | Change (points) |
|---|---|---|
| FY2025 | 31.9% | 4.79 |
| FY2024 | 27.1% | (1.04) |
| FY2023 | 28.1% | 1.94 |
| FY2022 | 26.2% | (5.28) |
| FY2021 | 31.5% | 3.29 |
| FY2020 | 28.2% | 2.80 |
| FY2019 | 25.4% | 2.19 |
| FY2018 | 23.2% | 6.98 |
| FY2017 | 16.2% | 1.45 |
| FY2016 | 14.8% | 1.33 |
Against its own ten years
Return on assets against peers
| Company | Return on assets |
|---|---|
| IDXX IDEXX Laboratories, Inc. | 33.7% |
| MTD Mettler-Toledo International, Inc. compare | 25.6% |
| ILMN Illumina, Inc. compare | 13.0% |
| A Agilent Technologies, Inc. compare | 11.0% |
| DGX Quest Diagnostics Incorporated compare | 6.43% |
| IQV IQVIA Holdings Inc. compare | 4.70% |
| WAT Waters Corporation compare | 1.13% |
| NTRA Natera, Inc. compare | −8.71% |
| GH Guardant Health, Inc. compare | −28.0% |
| Diagnostics & Research industry median | −6.71% |
| Healthcare sector median | −30.9% |
| Market median | 0.00% |
What Return on assets is
ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.
Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)
More on IDXX
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
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- Return on equity
- Return on invested capital
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- Current ratio
- Total debt
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- Book value per share
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- The full statement