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IDEXX Laboratories, Inc.

IDXXHealthcareNASDAQ

Diagnostics & Research

PriceMA150MA200
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Financials · Annual
Revenue
$4.30B
+10.4% YoY
Net Income
$1.06B
+19.3% YoY
EBITDA
$1.51B
+18.7% YoY
Free Cash Flow
$786.8M

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About IDEXX Laboratories, Inc.

Part of the healthcare sector, IDEXX Laboratories, Inc. (IDXX) is listed under Diagnostics & Research. At a $43.45B market cap, IDEXX Laboratories, Inc. ranks as a large-cap company within healthcare. It operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy.

Key stats
Market Cap$43.45B
P/E (TTM)40.47
Fwd P/E33.35
EPS$13.61
Beta1.57
52W Change+5.0%
ROE72.9%
Analysis

The company holds $200.5M in cash, though total debt stands at $1.11B. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Free cash flow comes in at $786.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 72.9% points to exceptionally high capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. Return on assets of 26.5% further supports the picture of efficient asset utilization. Revenue has grown from $3.37B (2022) to $4.30B (2025), reflecting a 28% increase over the period.

IDEXX Laboratories, Inc.'s elevated beta suggests the stock experiences more pronounced price movements than the overall market, which increases both upside potential and downside risk. The debt-to-cash ratio suggests meaningful leverage on the balance sheet, a factor worth monitoring if credit conditions tighten. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence IDEXX Laboratories, Inc.'s trajectory.

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