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) Return on equity

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IDEXX Laboratories, Inc.'s return on equity over the twelve months to 30 June 2026 was 74.2%, up 8.0 percentage points from fiscal 2025 (66.2%). Over the past ten years it has ranged from −1,195.5% (fiscal 2018) to 1,143.5% (fiscal 2015); the current reading is higher than 45% of that period. That is above the Diagnostics & Research industry median of −2.92% and above the Healthcare sector median of −31.3%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 66.2% 8.54
FY2024 57.7% (23.08)
FY2023 80.7% (23.84)
FY2022 104.6% (8.04)
FY2021 112.6% (30.92)
FY2020 143.5% (363.86)
FY2019 507.4% 1,702.90
FY2018 −1,195.5% (870.74)
FY2017 −324.8% (93.71)
FY2016 −231.1% (1,374.58)

Against its own ten years

Low −1,195.5% High 1,143.5%
Ten-year median 80.7%
Current reading's percentile 45

Return on equity against peers

Company Return on equity
IDXX IDEXX Laboratories, Inc. 74.2%
ILMN Illumina, Inc. compare 32.4%
IQV IQVIA Holdings Inc. compare 22.8%
A Agilent Technologies, Inc. compare 21.0%
DGX Quest Diagnostics Incorporated compare 14.0%
LH Labcorp Holdings Inc. compare 11.7%
WAT Waters Corporation compare 1.92%
NTRA Natera, Inc. compare −12.5%
MTD Mettler-Toledo International, Inc. compare −736.4%
Diagnostics & Research industry median −2.92%
Healthcare sector median −31.3%
Market median 1.35%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

Annual: Net Income Allotted to Shareholders ÷ Average Common Equity; TTM: Net Income Allotted to Shareholders ÷ Average Common Equity (latest quarter)

The full definition of Return on equity →

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