Companies / Health Care
IDXX
Idexx Laboratories
Health Care Equipment
Health Care EquipmentAnalysis in progress
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Business at a glance
Operating-health scores describe reported fundamentals on a 0–100 scale. They are not a rating of the stock. How they work
Operating health83
Growth57
Profitability93
Cash generation90
Balance sheet78
Dilution control96
Key ratios and five-year financials
Latest quarter revenue YoY (2026-09-30)9.9%Revenue growth (FY)10.4%Revenue CAGR (3y)8.5%Gross margin61.8%Operating margin31.6%Net margin24.6%Free cash flow margin24.6%R&D / revenue5.8%Stock comp / revenue1.4%Net debt / operating cash flow0.29xCurrent ratio1.23Diluted share count change-2.7%
| Fiscal year ending | FY 2021-12 | FY 2022-12 | FY 2023-12 | FY 2024-12 | FY 2025-12 |
|---|---|---|---|---|---|
| Revenue | $3.2B | $3.4B | $3.7B | $3.9B | $4.3B |
| Gross profit | $1.9B | $2.0B | $2.2B | $2.4B | $2.7B |
| Operating income | $932M | $899M | $1.1B | $1.1B | $1.4B |
| Net income | $745M | $679M | $845M | $888M | $1.1B |
| Operating cash flow | $756M | $543M | $907M | $929M | $1.2B |
| Capital expenditure | $120M | $149M | $134M | $121M | $125M |
| Free cash flow | $636M | $394M | $773M | $808M | $1.1B |
| R&D | $161M | $255M | $191M | $220M | $251M |
| Stock-based comp | $38M | $50M | $60M | $60M | $60M |
| Buybacks | $747M | $820M | $72M | $837M | $1.2B |
| Cash | $144M | $113M | $454M | $288M | $180M |
| Total debt | $926M | $845M | $773M | $786M | $525M |
| Equity | $690M | $609M | $1.5B | $1.6B | $1.6B |
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