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Idexx Laboratories IDXX Operating margin

Operating margin at other companies

Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
17.2%+0.8pp
Agilent Technologies logo
Agilent TechnologiesA
21.5%+0.1pp
Danaher logo
DanaherDHR
19.2%-1.0pp
Quest Diagnostics logo
Quest DiagnosticsDGX
14.3%+0.6pp
Labcorp Holdings logo
Labcorp HoldingsLH
10.2%+1.9pp
Abbott logo
AbbottABT
17.1%+0.2pp

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
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 operating margin?
Idexx Laboratories (IDXX) reported operating margin of 31.6% in Q1 2026.
How has Idexx Laboratories's operating margin changed year-over-year?
Idexx Laboratories's operating margin increased by 8.5% year-over-year, from 29.1% to 31.6%.
What is the long-term trend for Idexx Laboratories's operating margin?
Over 4 years (2021 to 2025), Idexx Laboratories's operating margin has grown at a 1.8% compound annual growth rate (CAGR), from 114.5% to 123.2%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.