IDEXX Laboratories, Inc. IDXX
- Market cap
- $40.2B
- P/E
- 36.2×
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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
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)
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
- EV/Sales
- Return on equity
- Return on assets
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- The full statement