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IDXX

IDXX - IDEXX Laboratories Inc Stock Price, Fair Value and News

487.15USD+3.47 (+0.72%)Market Closed

Market Summary

IDXX
USD487.15+3.47
Market Closed
0.72%

IDXX Stock Price

View Fullscreen

IDXX RSI Chart

IDXX Valuation

Market Cap

40.2B

Price/Earnings (Trailing)

46.43

Price/Sales (Trailing)

10.8

EV/EBITDA

32.58

Price/Free Cashflow

50.49

IDXX Price/Sales (Trailing)

IDXX Profitability

Operating Margin

60.14%

EBT Margin

29.24%

Return on Equity

55.23%

Return on Assets

25.84%

Free Cashflow Yield

1.98%

IDXX Fundamentals

IDXX Revenue

Revenue (TTM)

3.7B

Rev. Growth (Yr)

7.1%

Rev. Growth (Qtr)

6.93%

IDXX Earnings

Earnings (TTM)

866.6M

Earnings Growth (Yr)

10.06%

Earnings Growth (Qtr)

21.11%

Breaking Down IDXX Revenue

Last 7 days

4.1%

Last 30 days

-5.3%

Last 90 days

-15.1%

Trailing 12 Months

1.6%

How does IDXX drawdown profile look like?

IDXX Financial Health

Current Ratio

1.57

Debt/Equity

0.4

Debt/Cashflow

1.48

IDXX Investor Care

Buy Backs (1Y)

0.50%

Diluted EPS (TTM)

10.32

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.7B000
20233.4B3.5B3.6B3.7B
20223.3B3.3B3.3B3.4B
20212.9B3.0B3.1B3.2B
20202.5B2.5B2.6B2.7B
20192.3B2.3B2.4B2.4B
20182.0B2.1B2.2B2.2B
20171.8B1.9B1.9B2.0B
20161.6B1.7B1.7B1.8B
20151.5B1.5B1.6B1.6B
20141.4B1.4B1.5B1.5B
20131.3B1.3B1.3B1.4B
20121.2B1.3B1.3B1.3B
20111.1B1.2B1.2B1.2B
20101.1B1.1B1.1B1.1B
200901.0B1.0B1.0B
20080001.0B
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Tracking the Latest Insider Buys and Sells of IDEXX Laboratories Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 06, 2024
polewaczyk james f
acquired
3,423,550
422
8,104
executive vice president
Mar 06, 2024
polewaczyk james f
sold
-4,525,600
558
-8,104
executive vice president
Mar 05, 2024
vandebroek sophie v.
sold
-790,427
562
-1,404
-
Mar 05, 2024
vandebroek sophie v.
acquired
345,089
245
1,404
-
Feb 29, 2024
mazelsky jonathan jay
gifted
-
-
-550
president and ceo
Feb 21, 2024
mazelsky jonathan jay
acquired
99,952
206
483
president and ceo
Feb 16, 2024
underberg sharon e.
acquired
99,952
206
483
evp, gc & corporate secretary
Feb 15, 2024
mckeon brian p
acquired
99,952
206
483
evp, cfo and treasurer
Feb 14, 2024
underberg sharon e.
acquired
-
-
1,186
evp, gc & corporate secretary
Feb 14, 2024
schreck michael
sold (taxes)
-65,585
560
-117
executive vice president

1–10 of 50

Which funds bought or sold IDXX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 07, 2024
Atomi Financial Group, Inc.
added
3.41
2,024
343,935
0.03%
May 07, 2024
THOROUGHBRED FINANCIAL SERVICES, LLC
reduced
-68.53
-490,000
215,000
0.02%
May 07, 2024
Choate Investment Advisors
added
4.18
14,639
1,102,540
0.03%
May 07, 2024
Avalon Trust Co
unchanged
-
-756
26,997
-%
May 07, 2024
M&T Bank Corp
reduced
-6.38
-305,014
3,105,690
0.01%
May 07, 2024
TimesSquare Capital Management, LLC
reduced
-5.18
-6,822,000
81,108,000
1.18%
May 07, 2024
NorthRock Partners, LLC
added
14.57
29,220
284,543
0.02%
May 07, 2024
SUSQUEHANNA INTERNATIONAL GROUP, LLP
reduced
-34.64
-11,083,400
19,352,200
-%
May 07, 2024
Malaga Cove Capital, LLC
unchanged
-
-14,031
501,055
0.20%
May 07, 2024
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management
reduced
-0.72
-7,894
222,452
0.01%

1–10 of 47

Are Funds Buying or Selling IDXX?

Are funds buying IDXX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own IDXX
No. of Funds

Unveiling IDEXX Laboratories Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.09%
8,377,667
SC 13G/A
Jan 24, 2024
blackrock inc.
10.9%
9,054,229
SC 13G/A
Dec 08, 2023
vanguard group inc
10.03%
8,331,697
SC 13G/A
Feb 14, 2023
fundsmith llp
5.37%
4,447,828
SC 13G
Feb 14, 2023
fundsmith llp
5.37%
4,447,828
SC 13G
Feb 09, 2023
vanguard group inc
9.82%
8,132,479
SC 13G/A
Jan 26, 2023
blackrock inc.
10.3%
8,502,881
SC 13G/A
Jan 20, 2023
blackrock inc.
10.3%
8,502,881
SC 13G/A
Feb 10, 2022
vanguard group inc
9.34%
7,923,466
SC 13G/A
Jan 27, 2022
blackrock inc.
10.6%
8,990,586
SC 13G/A

Recent SEC filings of IDEXX Laboratories Inc

View All Filings
Date Filed Form Type Document
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading
May 08, 2024
4
Insider Trading

Peers (Alternatives to IDEXX Laboratories Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.8B
23.7B
2.15% 6.10%
41.98
7.79
-8.94% -35.91%
41.9B
6.7B
-1.12% 12.16%
33.87
6.22
-2.81% -6.58%
40.2B
3.7B
-5.35% 1.62%
46.43
10.8
8.57% 23.94%
15.1B
9.3B
4.70% 1.87%
17.88
1.63
-3.29% 6.68%
12.1B
4.1B
-7.72% 25.48%
25.45
2.93
3.86% -2.39%
12.0B
2.0B
-5.25% 88.97%
38.39
6.11
25.57% 21.62%
11.5B
1.1B
0.17% 80.36%
-26.55
10.66
31.99% 20.63%
11.0B
2.5B
-16.68% -16.30%
-45.65
4.33
15.21% 53.51%
MID-CAP
2.6B
929.2M
-16.06% -28.54%
1.7K
2.81
28.93% 111.61%
2.3B
563.9M
-0.05% -22.26%
-4.73
4.03
25.45% 26.76%
SMALL-CAP
527.1M
280.3M
6.82% 19.34%
-2.77
1.88
-12.89% -148.37%
86.9M
31.1M
2.52% -85.27%
-1.13
2.79
0.95% 19.75%
63.3M
9.0M
832.50% 245.37%
-8.76
7.04
-53.31% 2.21%
36.8M
9.2M
5.67% -34.65%
-2.2
4.02
11.85% 44.15%
183.8K
25.9M
-50.00% -94.83%
-0.01
0.01
-57.78% -93.11%

IDEXX Laboratories Inc News

Latest updates
Yahoo Lifestyle UK • 18 hours ago
Yahoo Movies Canada • 07 May 2024 • 03:56 am
Yahoo New Zealand News • 06 May 2024 • 11:12 pm
Defense World • 06 May 2024 • 09:34 am
Simply Wall St • 27 Apr 2024 • 07:00 am

IDEXX Laboratories Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue6.9%964902916944900829842861837801810826778721722638626605605620576
Cost Of Revenue-1.2%371375368371357344335347338345338337307--------
Gross Profit12.7%593526548573543485507514499456473489471410423379360331345358332
  S&GA Expenses5.2%14914213614114813213013013212812411911511610894.00116106105101107
  R&D Expenses1.6%53.0052.0048.0047.0045.0043.0048.0012340.0045.0040.0038.0038.0039.0038.0032.0033.0035.0034.0032.0032.00
EBITDA Margin0.2%0.33*0.33*0.33*0.33*0.30*0.30*0.29*0.29*0.32*0.32*0.33*0.32*---------
Interest Expenses-14.6%8.009.009.0011.0013.0014.0011.008.007.007.007.008.008.008.008.009.008.007.007.008.008.00
Income Taxes32.7%60.0045.0056.0062.0054.0041.0053.0039.0048.0029.0044.0049.0036.002.0018.0035.0025.0018.0024.0030.0022.00
Earnings Before Taxes23.3%295240268286268213234171241192219252240177164184137109133156125
EBT Margin0.9%0.29*0.29*0.29*0.28*0.26*0.26*0.25*0.25*0.28*0.28*0.28*0.27*---------
Net Income21.1%23619521222421417218113219416317520320417514614911290.00109126103
Net Income Margin0.8%0.23*0.23*0.23*0.23*0.20*0.20*0.20*0.20*0.22*0.23*0.24*0.24*---------
Free Cashflow-22.5%16821723817314412415136.0083.00178142211---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.9%3,3543,2603,0862,8712,8082,7472,6402,6072,5932,4372,3862,4122,3272,2952,0471,9611,8861,8321,7511,7241,681
  Current Assets0.4%1,5021,4951,3841,1791,1491,1011,0591,0431,0909569381,0011,0981,063869780721680703712698
    Cash Equivalents-12.4%39745433213311111399.0011420514414523235138417610581.0090.00104111117
  Inventory2.7%391380394395391368355333302269258241226210218229212195205197189
  Net PPE0.9%709702687683665649612594593588573550544555548551546534497470449
  Goodwill11.7%4093663623643633623553563613594.0010924324323823523.0024025.00215215
Liabilities0.5%1,7851,7751,7891,7771,9672,1382,1642,1501,9531,7471,6301,6641,6241,6621,6061,6871,7781,6551,5491,5531,629
  Current Liabilities0.6%9579529708841,0661,2361,1901,167971764634652621583527541846725627619690
  Long Term Debt-0.3%621623619697696694761768773775778780779858853--699---
    LT Debt, Current0.0%75.0075.0015075.0075.0075.00---75.0075.0012512550.0050.00------
    LT Debt, Non Current-100.0%-623619697696694761768773775778780779858853--699---
Shareholder's Equity5.7%1,5691,4851,2971,09484160947645764069075574870363344127310817820317252.00
  Retained Earnings5.3%4,6804,4454,2504,0383,8143,6003,4273,2463,1142,9202,7582,5822,3802,1762,0011,8551,7061,5961,5051,3961,271
  Additional Paid-In Capital2.2%1,6051,5701,5431,5151,4901,4631,4381,4201,4001,3771,3591,3391,3211,2951,2741,2471,2301,2141,1901,1711,156
Shares Outstanding-0.2%83.0083.0083.0083.0083.0083.0084.0084.0084.0085.0085.0085.00---------
Minority Interest-----------1.001.001.001.001.000.000.000.000.000.000.00
Float----41,325---28,964---53,418---27,736---23,369-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-20.5%198,585249,851272,433200,314183,912173,428189,00065,850114,706209,964187,205233,955124,422218,934193,116208,14227,871155,413132,265137,10234,378
  Share Based Compensation-5.4%14,40015,22315,22415,36213,93013,27912,94812,37011,1739,7139,5309,6378,8757,9437,9277,7977,28416,6559,3916,8986,334
Cashflow From Investing-251.4%-106,944-30,435-27,838-27,470-39,511-49,229-49,197-55,086-41,838-44,040-49,677-174,663-24,587-15,690-19,460-24,556-49,670-95,911-37,326-34,085-38,206
Cashflow From Financing-41.5%-144,074-101,844-43,038-151,033-146,081-116,720-148,829-91,907-13,480-165,820-221,726-180,217-129,651398-104,184-161,53116,901-74,389-99,751-109,488-2,781
  Buy Backs320.0%154,76436,85035,070--74,020172,631306,765266,295244,756181,234188,525132,262---182,815140,68985,97520,69254,302
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IDXX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenue:  
Total revenue$ 964,095$ 900,195
Cost of Revenue:  
Total cost of revenue371,025357,224
Gross profit593,070542,971
Expenses:  
Sales and marketing149,453147,804
General and administrative92,02470,101
Research and development52,63544,667
Income from operations298,958280,399
Interest expense(7,911)(13,127)
Interest income4,432416
Income before provision for income taxes295,479267,688
Provision for income taxes59,90053,634
Net income$ 235,579$ 214,054
Earnings per Share:  
Basic (in USD per share)$ 2.84$ 2.58
Diluted (in USD per share)$ 2.81$ 2.55
Weighted Average Shares Outstanding:  
Basic (in shares)83,09682,992
Diluted (in shares)83,95783,959
Product revenue  
Revenue:  
Total revenue$ 543,049$ 505,942
Cost of Revenue:  
Total cost of revenue176,770173,610
Service revenue  
Revenue:  
Total revenue421,046394,253
Cost of Revenue:  
Total cost of revenue$ 194,255$ 183,614

IDXX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Current Assets:  
Cash and cash equivalents$ 397,433$ 453,932
Accounts receivable, net507,208457,445
Inventories390,599380,282
Other current assets206,733203,595
Total current assets1,501,9731,495,254
Long-Term Assets:  
Property and equipment, net708,725702,177
Operating lease right-of-use assets119,886115,499
Goodwill408,672365,961
Intangible assets, net115,35284,500
Other long-term assets498,907496,534
Total long-term assets1,851,5421,764,671
TOTAL ASSETS3,353,5153,259,925
Current Liabilities:  
Accounts payable117,462110,643
Accrued liabilities476,249478,712
Credit facility250,000250,000
Current portion of long-term debt74,99874,997
Current portion of deferred revenue38,19337,195
Total current liabilities956,902951,547
Long-Term Liabilities:  
Deferred income tax liabilities8,7467,235
Long-term debt, net of current portion620,778622,883
Long-term deferred revenue, net of current portion28,04328,533
Long-term operating lease liabilities, net of current portion103,87999,671
Other long-term liabilities66,26165,526
Total long-term liabilities827,707823,848
Total liabilities1,784,6091,775,395
Commitments, Contingencies and Guarantees (Note 16)
Stockholders’ Equity:  
Common stock, $0.10 par value: Authorized: 120,000 shares; Issued: 107,667 shares in 2024 and 107,506 shares in 2023; Outstanding: 82,873 shares in 2024 and 83,032 shares in 202310,76710,751
Additional paid-in capital1,604,7491,569,565
Deferred stock units: Outstanding: 59 units in 2024 and 59 units in 20235,5105,530
Retained earnings4,680,1504,444,571
Accumulated other comprehensive loss(80,397)(71,206)
Treasury stock, at cost: 24,794 shares in 2024 and 24,474 shares in 2023(4,651,873)(4,474,681)
Total stockholders’ equity1,568,9061,484,530
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY$ 3,353,515$ 3,259,925
IDXX
IDEXX Laboratories, Inc. develops, manufactures, and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. The company operates through three segments: Companion Animal Group; Water Quality Products; and Livestock, Poultry and Dairy. It also provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assay test kits; veterinary reference laboratory diagnostic and consulting services; practice management and diagnostic imaging systems and services for veterinarians; and health monitoring, biological materials testing, and laboratory animal diagnostic instruments, and services for biomedical research community. In addition, the company offers diagnostic and health-monitoring products for livestock, poultry, and dairy products that test water for various microbiological contaminants; point-of-care electrolytes and blood gas analyzers; OPTI SARS-CoV-2 RT-PCR test kit for human COVID-19 testing; in-clinic chemistry, blood and urine chemistry, hematology, immunoassay, urinalysis, and coagulation analyzers; and SNAP rapid assays test kits. Further, it provides Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, and Quanti-Tray products; and veterinary software and services for independent veterinary clinics and corporate groups. The company markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.
 CEO
 WEBSITEidexx.com
 INDUSTRYDiagnostics & Research
 EMPLOYEES11000

IDEXX Laboratories Inc Frequently Asked Questions


What is the ticker symbol for IDEXX Laboratories Inc? What does IDXX stand for in stocks?

IDXX is the stock ticker symbol of IDEXX Laboratories Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IDEXX Laboratories Inc (IDXX)?

As of Wed May 08 2024, market cap of IDEXX Laboratories Inc is 40.23 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IDXX stock?

You can check IDXX's fair value in chart for subscribers.

What is the fair value of IDXX stock?

You can check IDXX's fair value in chart for subscribers. The fair value of IDEXX Laboratories Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IDEXX Laboratories Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IDXX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IDEXX Laboratories Inc a good stock to buy?

The fair value guage provides a quick view whether IDXX is over valued or under valued. Whether IDEXX Laboratories Inc is cheap or expensive depends on the assumptions which impact IDEXX Laboratories Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IDXX.

What is IDEXX Laboratories Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed May 08 2024, IDXX's PE ratio (Price to Earnings) is 46.43 and Price to Sales (PS) ratio is 10.8. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IDXX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IDEXX Laboratories Inc's stock?

In the past 10 years, IDEXX Laboratories Inc has provided 0.222 (multiply by 100 for percentage) rate of return.