IDXX RSI Chart
Last 7 days
5.4%
Last 30 days
-6.4%
Last 90 days
-3.0%
Trailing 12 Months
2.7%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.4B | 3.5B | 3.6B | 3.7B |
2022 | 3.3B | 3.3B | 3.3B | 3.4B |
2021 | 2.9B | 3.0B | 3.1B | 3.2B |
2020 | 2.5B | 2.5B | 2.6B | 2.7B |
2019 | 2.3B | 2.3B | 2.4B | 2.4B |
2018 | 2.0B | 2.1B | 2.2B | 2.2B |
2017 | 1.8B | 1.9B | 1.9B | 2.0B |
2016 | 1.6B | 1.7B | 1.7B | 1.8B |
2015 | 1.5B | 1.5B | 1.6B | 1.6B |
2014 | 1.4B | 1.4B | 1.5B | 1.5B |
2013 | 1.3B | 1.3B | 1.3B | 1.4B |
2012 | 1.2B | 1.3B | 1.3B | 1.3B |
2011 | 1.1B | 1.2B | 1.2B | 1.2B |
2010 | 1.1B | 1.1B | 1.1B | 1.1B |
2009 | 0 | 1.0B | 1.0B | 1.0B |
2008 | 0 | 0 | 0 | 1.0B |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index
Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.
Returns of $10,000 invested in:
Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022
Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
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 |
Which funds bought or sold IDXX recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Apr 26, 2024 | Planning Capital Management Corp | reduced | -65.22 | -8,447 | 4,320 | -% |
Apr 26, 2024 | YOUSIF CAPITAL MANAGEMENT, LLC | reduced | -2.09 | -347,808 | 6,969,420 | 0.08% |
Apr 26, 2024 | Dougherty Wealth Advisers LLC | unchanged | - | -2,873 | 102,587 | 0.09% |
Apr 26, 2024 | AustralianSuper Pty Ltd | added | 2.62 | -100,161 | 6,297,340 | 0.04% |
Apr 26, 2024 | UMB Bank, n.a. | reduced | -79.89 | -124,752,000 | 30,339,200 | 0.48% |
Apr 26, 2024 | PINNACLE ASSOCIATES LTD | reduced | -8.79 | -129,566 | 1,019,390 | 0.02% |
Apr 26, 2024 | RIVERBRIDGE PARTNERS LLC | reduced | -4.18 | -4,383,630 | 60,204,900 | 0.74% |
Apr 26, 2024 | SYSTM Wealth Solutions LLC | added | 8.08 | 141,800 | 2,904,280 | 0.37% |
Apr 26, 2024 | BELLEVUE ASSET MANAGEMENT, LLC | new | - | 1,080 | 1,080 | -% |
Apr 26, 2024 | CONNING INC. | unchanged | - | -7,727 | 275,904 | 0.01% |
Unveiling IDEXX Laboratories Inc's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to IDEXX Laboratories Inc)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
DHR | 182.6B | 23.7B | 41.49 | 7.69 | ||||
IDXX | 42.0B | 3.7B | 49.69 | 11.47 | ||||
A | 40.9B | 6.7B | 33.1 | 6.07 | ||||
DGX | 14.9B | 9.3B | 17.63 | 1.61 | ||||
MEDP | 12.3B | 2.0B | 39.25 | 6.25 | ||||
CRL | 11.9B | 4.1B | 25.11 | 2.89 | ||||
NTRA | 11.4B | 1.1B | -26.12 | 10.49 | ||||
EXAS | 10.7B | 2.5B | -52.27 | 4.27 | ||||
MID-CAP | ||||||||
NEOG | 2.7B | 929.2M | 1.7K | 2.9 | ||||
GH | 2.2B | 563.9M | -4.62 | 3.93 | ||||
SMALL-CAP | ||||||||
CDNA | 424.6M | 280.3M | -2.23 | 1.51 | ||||
ACRS | 86.5M | 31.2M | -0.98 | 2.77 | ||||
APDN | 65.4M | 9.0M | -9.04 | 7.27 | ||||
AWH | 41.1M | 9.2M | -2.46 | 4.49 | ||||
BIOC | 183.8K | 25.9M | -0.01 | 0.01 |
IDEXX Laboratories Inc News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | -1.5% | 902 | 916 | 944 | 900 | 829 | 842 | 861 | 837 | 801 | 810 | 826 | 778 | 721 | 722 | 638 | 626 | 605 | 605 | 620 | 576 | 549 |
Cost Of Revenue | 2.1% | 375 | 368 | 371 | 357 | 344 | 335 | 347 | 338 | 345 | 338 | 337 | 307 | - | - | - | - | - | - | - | - | 249 |
Gross Profit | -4.0% | 526 | 548 | 573 | 543 | 485 | 507 | 514 | 499 | 456 | 473 | 489 | 471 | 410 | 423 | 379 | 360 | 331 | 345 | 358 | 332 | 300 |
S&GA Expenses | 4.7% | 142 | 136 | 141 | 148 | 132 | 130 | 130 | 132 | 128 | 124 | 119 | 115 | 116 | 108 | 94.00 | 116 | 106 | 105 | 101 | 107 | 96.00 |
R&D Expenses | 8.0% | 52.00 | 48.00 | 47.00 | 45.00 | 43.00 | 48.00 | 123 | 40.00 | 45.00 | 40.00 | 38.00 | 38.00 | 39.00 | 38.00 | 32.00 | 33.00 | 35.00 | 34.00 | 32.00 | 32.00 | 30.00 |
EBITDA Margin | -0.1% | 0.33* | 0.33* | 0.33* | 0.30* | 0.30* | 0.29* | 0.29* | 0.32* | 0.32* | 0.33* | 0.32* | 0.31* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 7.1% | 9.00 | 9.00 | 11.00 | 13.00 | 14.00 | 11.00 | 8.00 | 7.00 | 7.00 | 7.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 | 8.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 |
Income Taxes | -18.9% | 45.00 | 56.00 | 62.00 | 54.00 | 41.00 | 53.00 | 39.00 | 48.00 | 29.00 | 44.00 | 49.00 | 36.00 | 2.00 | 18.00 | 35.00 | 25.00 | 18.00 | 24.00 | 30.00 | 22.00 | 21.00 |
Earnings Before Taxes | -10.5% | 240 | 268 | 286 | 268 | 213 | 234 | 171 | 241 | 192 | 219 | 252 | 240 | 177 | 164 | 184 | 137 | 109 | 133 | 156 | 125 | 107 |
EBT Margin | 0.5% | 0.29* | 0.29* | 0.28* | 0.26* | 0.26* | 0.25* | 0.25* | 0.28* | 0.28* | 0.28* | 0.27* | 0.27* | - | - | - | - | - | - | - | - | - |
Net Income | -8.3% | 195 | 212 | 224 | 214 | 172 | 181 | 132 | 194 | 163 | 175 | 203 | 204 | 175 | 146 | 149 | 112 | 90.00 | 109 | 126 | 103 | 86.00 |
Net Income Margin | 0.7% | 0.23* | 0.23* | 0.23* | 0.20* | 0.20* | 0.20* | 0.20* | 0.22* | 0.23* | 0.24* | 0.24* | 0.24* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -8.8% | 217 | 238 | 173 | 144 | 124 | 151 | 36.00 | 83.00 | 178 | 142 | 211 | 104 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 5.6% | 3,260 | 3,086 | 2,871 | 2,808 | 2,747 | 2,640 | 2,607 | 2,593 | 2,437 | 2,386 | 2,412 | 2,327 | 2,295 | 2,047 | 1,961 | 1,886 | 1,832 | 1,751 | 1,724 | 1,681 | 1,537 |
Current Assets | 8.0% | 1,495 | 1,384 | 1,179 | 1,149 | 1,101 | 1,059 | 1,043 | 1,090 | 956 | 938 | 1,001 | 1,098 | 1,063 | 869 | 780 | 721 | 680 | 703 | 712 | 698 | 654 |
Cash Equivalents | 36.9% | 454 | 332 | 133 | 111 | 113 | 99.00 | 114 | 205 | 144 | 145 | 232 | 351 | 384 | 176 | 105 | 81.00 | 90.00 | 104 | 111 | 117 | 124 |
Inventory | -3.5% | 380 | 394 | 395 | 391 | 368 | 355 | 333 | 302 | 269 | 258 | 241 | 226 | 210 | 218 | 229 | 212 | 195 | 205 | 197 | 189 | 173 |
Net PPE | 2.2% | 702 | 687 | 683 | 665 | 649 | 612 | 594 | 593 | 588 | 573 | 550 | 544 | 555 | 548 | 551 | 546 | 534 | 497 | 470 | 449 | 437 |
Goodwill | 1.2% | 366 | 362 | 364 | 363 | 362 | 355 | 356 | 361 | 359 | 4.00 | 109 | 243 | 243 | 238 | 235 | 23.00 | 240 | 25.00 | 215 | 215 | 214 |
Liabilities | -0.8% | 1,775 | 1,789 | 1,777 | 1,967 | 2,138 | 2,164 | 2,150 | 1,953 | 1,747 | 1,630 | 1,664 | 1,624 | 1,662 | 1,606 | 1,687 | 1,778 | 1,655 | 1,549 | 1,553 | 1,629 | 1,547 |
Current Liabilities | -1.9% | 952 | 970 | 884 | 1,066 | 1,236 | 1,190 | 1,167 | 971 | 764 | 634 | 652 | 621 | 583 | 527 | 541 | 846 | 725 | 627 | 619 | 690 | 770 |
Long Term Debt | 0.7% | 623 | 619 | 697 | 696 | 694 | 761 | 768 | 773 | 775 | 778 | 780 | 779 | 858 | 853 | - | - | 699 | - | - | - | - |
LT Debt, Current | -50.0% | 75.00 | 150 | 75.00 | 75.00 | 75.00 | - | - | - | 75.00 | 75.00 | 125 | 125 | 50.00 | 50.00 | - | - | - | - | - | - | - |
LT Debt, Non Current | 0.7% | 623 | 619 | 697 | 696 | 694 | 761 | 768 | 773 | 775 | 778 | 780 | 779 | 858 | 853 | - | - | 699 | - | - | - | - |
Shareholder's Equity | 14.4% | 1,485 | 1,297 | 1,094 | 841 | 609 | 476 | 457 | 640 | 690 | 755 | 748 | 703 | 633 | 441 | 273 | 108 | 178 | 203 | 172 | 52.00 | - |
Retained Earnings | 4.6% | 4,445 | 4,250 | 4,038 | 3,814 | 3,600 | 3,427 | 3,246 | 3,114 | 2,920 | 2,758 | 2,582 | 2,380 | 2,176 | 2,001 | 1,855 | 1,706 | 1,596 | 1,505 | 1,396 | 1,271 | 1,168 |
Additional Paid-In Capital | 1.7% | 1,570 | 1,543 | 1,515 | 1,490 | 1,463 | 1,438 | 1,420 | 1,400 | 1,377 | 1,359 | 1,339 | 1,321 | 1,295 | 1,274 | 1,247 | 1,230 | 1,214 | 1,190 | 1,171 | 1,156 | 1,138 |
Shares Outstanding | 0.0% | 83.00 | 83.00 | 83.00 | 83.00 | 83.00 | 84.00 | 84.00 | 84.00 | 85.00 | 85.00 | 85.00 | 86.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | - | - | - | - | - | - | - | - | - | - | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Float | - | - | - | 41,325 | - | - | - | 28,964 | - | - | - | 53,418 | - | - | - | 27,736 | - | - | - | 23,369 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | -8.3% | 249,851 | 272,433 | 200,314 | 183,912 | 173,428 | 189,000 | 65,850 | 114,706 | 209,964 | 187,205 | 233,955 | 124,422 | 218,934 | 193,116 | 208,142 | 27,871 | 155,413 | 132,265 | 137,102 | 34,378 | 135,648 |
Share Based Compensation | 0.0% | 15,223 | 15,224 | 15,362 | 13,930 | 13,279 | 12,948 | 12,370 | 11,173 | 9,713 | 9,530 | 9,637 | 8,875 | 7,943 | 7,927 | 7,797 | 7,284 | 16,655 | 9,391 | 6,898 | 6,334 | 6,209 |
Cashflow From Investing | -9.3% | -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 | -39,844 |
Cashflow From Financing | -136.6% | -101,844 | -43,038 | -151,033 | -146,081 | -116,720 | -148,829 | -91,907 | -13,480 | -165,820 | -221,726 | -180,217 | -129,651 | 398 | -104,184 | -161,531 | 16,901 | -74,389 | -99,751 | -109,488 | -2,781 | -117,806 |
Buy Backs | 5.1% | 36,850 | 35,070 | - | - | 74,020 | 172,631 | 306,765 | 266,295 | 244,756 | 181,234 | 188,525 | 132,262 | - | - | - | 182,815 | 140,689 | 85,975 | 20,692 | 54,302 | 105,607 |
CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Revenue: | |||
Total revenue | $ 3,660,953 | $ 3,367,324 | $ 3,215,360 |
Cost of Revenue: | |||
Total cost of revenue | 1,470,983 | 1,362,986 | 1,325,928 |
Gross profit | 2,189,970 | 2,004,338 | 1,889,432 |
Expenses: | |||
Sales and marketing | 566,066 | 524,505 | 486,735 |
General and administrative | 335,825 | 326,248 | 309,660 |
Research and development | 190,951 | 254,820 | 161,009 |
Income from operations | 1,097,128 | 898,765 | 932,028 |
Interest expense | (41,581) | (39,858) | (29,808) |
Interest income | 5,629 | 1,065 | 434 |
Income before provision for income taxes | 1,061,176 | 859,972 | 902,654 |
Provision for income taxes | 216,134 | 180,883 | 157,810 |
Net income | 845,042 | 679,089 | 744,844 |
Less: Net (loss) attributable to noncontrolling interest | 0 | 0 | (1) |
Net income attributable to IDEXX Laboratories, Inc. stockholders | $ 845,042 | $ 679,089 | $ 744,845 |
Earnings per Share: | |||
Basic (in USD per share) | $ 10.17 | $ 8.12 | $ 8.74 |
Diluted (in USD per share) | $ 10.06 | $ 8.03 | $ 8.60 |
Weighted Average Shares Outstanding: | |||
Basic (in shares) | 83,066 | 83,623 | 85,200 |
Diluted (in shares) | 83,978 | 84,600 | 86,572 |
Product revenue | |||
Revenue: | |||
Total revenue | $ 2,089,936 | $ 1,928,773 | $ 1,875,308 |
Cost of Revenue: | |||
Total cost of revenue | 717,951 | 656,511 | 656,823 |
Service revenue | |||
Revenue: | |||
Total revenue | 1,571,017 | 1,438,551 | 1,340,052 |
Cost of Revenue: | |||
Total cost of revenue | $ 753,032 | $ 706,475 | $ 669,105 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Current Assets: | ||
Cash and cash equivalents | $ 453,932 | $ 112,546 |
Accounts receivable, net of allowance of $9,501 in 2023 and $8,265 in 2022 | 457,445 | 400,619 |
Inventories | 380,282 | 367,823 |
Other current assets | 203,595 | 220,489 |
Total current assets | 1,495,254 | 1,101,477 |
Long-Term Assets: | ||
Property and equipment, net | 702,177 | 649,474 |
Operating lease right-of-use assets | 115,499 | 118,618 |
Goodwill | 365,961 | 361,795 |
Intangible assets, net | 84,500 | 97,672 |
Other long-term assets | 496,534 | 417,729 |
Total long-term assets | 1,764,671 | 1,645,288 |
TOTAL ASSETS | 3,259,925 | 2,746,765 |
Current Liabilities: | ||
Accounts payable | 110,643 | 110,221 |
Accrued liabilities | 478,712 | 433,662 |
Credit facility | 250,000 | 579,000 |
Current portion of long-term debt | 74,997 | 74,982 |
Current portion of deferred revenue | 37,195 | 37,938 |
Total current liabilities | 951,547 | 1,235,803 |
Long-Term Liabilities: | ||
Deferred income tax liabilities | 7,235 | 8,150 |
Long-term debt, net of current portion | 622,883 | 694,387 |
Long-term deferred revenue, net of current portion | 28,533 | 30,862 |
Long-term operating lease liabilities | 99,671 | 101,239 |
Other long-term liabilities | 65,526 | 67,587 |
Total long-term liabilities | 823,848 | 902,225 |
Total liabilities | 1,775,395 | 2,138,028 |
Commitments and Contingencies (Note 16) | ||
Stockholders’ Equity: | ||
Common stock, $0.10 par value: Authorized: 120,000 shares; Issued: 107,506 shares in 2023 and 107,193 shares in 2022; Outstanding: 83,032 shares in 2023 and 82,894 shares in 2022 | 10,751 | 10,719 |
Additional paid-in capital | 1,569,565 | 1,463,215 |
Deferred stock units: Outstanding: 59 units in 2023 and 58 units in 2022 | 5,530 | 5,182 |
Retained earnings | 4,444,571 | 3,599,529 |
Accumulated other comprehensive loss | (71,206) | (77,796) |
Treasury stock, at cost: 24,474 shares in 2023 and 24,299 shares in 2022 | (4,474,681) | (4,392,112) |
Total IDEXX Laboratories, Inc. stockholders’ equity | 1,484,530 | 608,737 |
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY | $ 3,259,925 | $ 2,746,765 |