IDEXX Laboratories, Inc. IDXX

519.26 5.87 1.14% as of 25 Sep
Market cap
$40.2B
P/E
36.2×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

IDEXX Laboratories, Inc. (IDXX) Return on invested capital

IDEXX Laboratories, Inc.'s return on invested capital over the twelve months to 30 June 2026 was 48.9%, up 3.5 percentage points from fiscal 2025 (45.3%). Over the past ten years it has ranged from 31.1% (fiscal 2016) to 109.9% (fiscal 2015); the current reading is higher than 91% of that period. That is above the Diagnostics & Research industry median of 0.00% and above the Healthcare sector median of 0.00%.

Return on invested capital, annual

Annual

Period Return on invested capital Change (points)
FY2025 45.3% 8.69
FY2024 36.6% (3.03)
FY2023 39.7% (4.72)
FY2022 44.4% 2.65
FY2021 41.7% 4.23
FY2020 37.5% 5.82
FY2019 31.7% (3.72)
FY2018 35.4% 0.30
FY2017 35.1% 4.02
FY2016 31.1% (78.85)

Against its own ten years

Low 31.1% High 109.9%
Ten-year median 37.5%
Current reading's percentile 91

Return on invested capital against peers

Company Return on invested capital
IDXX IDEXX Laboratories, Inc. 48.9%
MTD Mettler-Toledo International, Inc. compare 35.4%
ILMN Illumina, Inc. compare 17.5%
A Agilent Technologies, Inc. compare 11.1%
DGX Quest Diagnostics Incorporated compare 7.94%
IQV IQVIA Holdings Inc. compare 6.80%
WAT Waters Corporation compare 1.05%
NTRA Natera, Inc. compare −22.3%
GH Guardant Health, Inc. compare −129.7%
Diagnostics & Research industry median 0.00%
Healthcare sector median 0.00%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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