Pricing Log in Create free account

IDEXX Laboratories, Inc. (IDXX) vs Labcorp Holdings Inc. (LH)

IDEXX Laboratories, Inc. and Labcorp Holdings Inc. are both Diagnostics & Research companies. IDEXX Laboratories, Inc. is the larger, with a market value of $43.1B against $26.4B — 1.6× the size. Labcorp Holdings Inc. trades at the lower P/E: 26.2× against 39.1×. IDEXX Laboratories, Inc. grew revenue faster over the last twelve months: 12.8% against 6.41%. IDEXX Laboratories, Inc. has the higher net margin (25.0% vs 6.99%) and the higher return on invested capital (48.9% vs 6.50%). Across the 22 metrics below, IDEXX Laboratories, Inc. leads on 13 and Labcorp Holdings Inc. on 9.

Valuation

Metric IDXX LH Diagnostics & Research median
P/E 39.10 26.18 35.56
P/S 9.72 1.81 4.37
P/B 27.44 3.02 3.06
Price to free cash flow 35.76 25.22 35.76
EV/EBITDA 27.59 14.51 24.35
EV/Sales 9.77 2.22 5.51
Earnings yield 2.56% 3.82% (1.89%)
Free cash flow yield 2.80% 3.97% (0.15%)

Profitability

Metric IDXX LH Diagnostics & Research median
Gross margin 62.45% 28.88% 50.89%
Operating margin 32.03% 10.43% (8.57%)
Net margin 25.03% 6.99% (6.37%)
Free cash flow margin 27.17% 8.16% 0.00%
Return on equity 74.21% 11.74% (2.92%)
Return on assets 33.65% 5.48% (6.71%)
Return on invested capital 48.87% 6.50% 0.00%

Growth

Metric IDXX LH Diagnostics & Research median
Revenue growth (TTM) 12.77% 6.41% 7.69%
EPS growth (last fiscal year) 22.59% 18.33% 25.92%
Revenue growth, 5-year CAGR 9.72% (0.04%) 7.40%
Net income growth, 5-year CAGR 12.74% (10.85%) 0.00%

Health

Metric IDXX LH Diagnostics & Research median
Debt to equity 0.28 0.69 0.11
Current ratio 1.17 1.80 2.02
Net debt to EBITDA 0.18 2.23 0.70

Dividend

Metric IDXX LH Diagnostics & Research median
Dividend yield — 0.90% 0.66%
Payout ratio — 0.24 0.20

Size

Metric IDXX LH Diagnostics & Research median
Market cap 43.11b 26.36b 2.16b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack