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Idexx Laboratories IDXX Interest coverage

Interest coverage at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
5.6×+0.7×
Agilent Technologies logo
Agilent TechnologiesA
14.8×+2.0×
Danaher logo
DanaherDHR
18.6×+1.7×
Labcorp Holdings logo
Labcorp HoldingsLH
6.4×+1.4×
Abbott logo
AbbottABT
14.4×+1.4×
WAT
Waters CorporationWAT
5.8×-5.0×

Other financials

Income statement

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Revenue$1.1B+14.3%
Gross profit$722.7M+15.9%
Operating income$362.6M+14.5%
Net income$278.4M+14.7%
EPS (diluted)$3.47+17.2%

Balance sheet

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Cash & equivalents$200.5M+22.3%
Total debt$575.5M-22.2%
Total equity$1.6B+7.5%
Total assets$3.4B+5.4%

Cash flow

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Operating cash flow$266.2M+11.9%
CapEx$32.0M+6.5%
Free cash flow$234.3M+12.7%

Valuation

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Market cap$43.08B+31.1%
Enterprise value$43.45B+30.0%
P/E39.3×+2.6×
P/S9.7×+1.3×

Profitability

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Gross margin62.1%+0.8pp
Operating margin31.6%+2.5pp
Net margin24.6%+1.9pp

Returns & leverage

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Return on equity72.9%+13.6pp
Debt / equity0.4×-0.1×
Current ratio1.1×0.0×

Where this comes from

Calculated from Idexx Laboratories’s reported figures.

Based on trailing twelve months.

The official record: Idexx Laboratories’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Idexx Laboratories's interest coverage?
Idexx Laboratories (IDXX) reported interest coverage of 36.1× in Q1 2026.
How has Idexx Laboratories's interest coverage changed year-over-year?
Idexx Laboratories's interest coverage decreased by 2.4% year-over-year, from 37× to 36.1×.
What is the long-term trend for Idexx Laboratories's interest coverage?
Over 4 years (2021 to 2025), Idexx Laboratories's interest coverage has grown at a 6.1% compound annual growth rate (CAGR), from 113.6× to 143.9×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.