Idexx Laboratories Inc. (IDXX)

Index:

Nasdaq 100

$ 548.18
   
  • Change Today:
    $2.39
  • 52 Week High: $766.68
  • 52 Week Low: $500.87
  • Currency: US Dollars
  • Shares Issued: 79.71m
  • Volume: 448,200
  • Market Cap: $43,696m
  • RiskGrade: 157

Fundamentals - based on IFRS

  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Income Statement 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
Revenue 4,303.70 3,897.50 3,660.95 3,367.32 3,215.36
Operating Profit/(Loss) 1,360.03 1,128.34 1,097.13 898.77 932.03
Profit Before Tax 1,324.19 1,109.83 1,061.18 859.97 902.65
Profit After Tax 1,059.46 887.87 845.04 679.09 744.84
           
Earnings per Share - Basic 1,317.00¢ 1,077.00¢ 1,017.00¢ 812.00¢ 874.00¢
Earnings per Share - Adjusted 1,317.00¢ 1,077.00¢ 1,017.00¢ 812.00¢ 874.00¢
           
Dividend per Share 10.00¢ 10.00¢ n/a n/a n/a
  $ (Millions) $ (Millions) $ (Millions) $ (Millions) $ (Millions)
Balance Sheet 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Assets          
Non-Current Assets          
Property, Plant & Equipment 870.61 829.25 817.68 768.09 692.77
Intangible Assets 523.85 516.78 450.46 459.47 458.38
Other Non-Current Assets 542.48 547.52 496.53 417.73 330.40
  1,936.93 1,893.55 1,764.67 1,645.29 1,481.55
Current Assets          
Inventories 377.76 381.88 380.28 367.82 269.03
Cash at Bank & in Hand 180.07 288.27 453.93 112.55 144.45
Other Current Assets 856.00 729.75 661.04 621.11 542.17
  1,413.83 1,399.90 1,495.25 1,101.48 955.65
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,350.76 3,293.44 3,259.93 2,746.76 2,437.20
Current Liabilities          
Borrowings 472.99 417.79 75.00 74.98 148.50
Other Current Liabilities 675.82 650.13 876.55 1,160.82 615.08
           
Current Liabilities 1,148.81 1,067.92 951.55 1,235.80 763.58
           
Net Current Assets c265.01 c331.98 c543.71 c(134.33) c192.07
           
Borrowings 475.99 547.62 722.55 795.63 862.58
Other Non-Current Liabilities 120.57 82.59 101.29 106.60 121.05
Non-Current Liabilities 596.56 630.21 823.85 902.22 983.63
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 1,745.38 1,698.13 1,775.40 2,138.03 1,747.21
           
Net Assets 1,605.38 1,595.31 1,484.53 608.74 689.99
           
Shareholders Funds 1,605.38 1,595.31 1,484.53 608.74 689.99
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 1,605.38 1,595.31 1,484.53 608.74 689.99
Cash Flow 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Net Cash Flow From Operating Activities 1,181.81 929.00 906.51 542.98 755.55
Net Cash Flow from Investing Activities (136.24) (207.06) (125.25) (195.35) (292.97)
Net Cash Flow from Financing Activities (1,153.76) (887.60) (439.87) (379.54) (702.05)
Net Increase/Decrease In Cash (108.20) (165.67) 341.39 (31.91) (239.47)
Ratios - based on IFRS 31-Dec-25 31-Dec-24 31-Dec-23 31-Dec-22 31-Dec-21
Continuing Operations          
PE Ratio - Adjusted 51.4 38.4 54.6 50.2 75.3
PEG - Adjusted 2.3 6.4 2.2 n/a 2.7
Earnings per Share Growth - Adjusted 22% 6% 25% -7% 28%
Dividend Cover 131.70 107.70 n/a n/a n/a
Revenue per Share 5,399.06¢ 4,889.48¢ 4,592.73¢ 4,224.36¢ 4,033.72¢
Pre-Tax Profit per Share 1,661.22¢ 1,392.30¢ 1,331.26¢ 1,078.85¢ 1,132.39¢
Operating Margin 31.60% 28.95% 29.97% 26.69% 28.99%
Return on Capital Employed 65.21% 54.30% 57.94% 84.32% 72.64%
           
Dividend Yield 0.0% 0.0% 0.0% 0.0% 0.0%
Dividend per Share Growth n/a n/a n/a n/a n/a
Operating Cash Flow per Share 1,482.59¢ 1,165.45¢ 1,137.23¢ 681.18¢ 947.85¢
Cash Incr/Decr per Share (135.73¢) (207.83¢) 428.27¢ (40.03¢) (300.42¢)
Net Asset Value per Share (exc. Intangibles) 1,356.81¢ 1,353.04¢ 1,297.26¢ 187.26¢ 290.56¢
Net Gearing 47.90% 42.45% 23.15% 124.53% 125.60%

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Forecast figures based on normalised accounts.

 

Top of Page