IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.verified

IDXX

Price:

$417.24

Market Cap:

$34.17B

IDEXX Laboratories, Inc. develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. The company operates through CAG; Water Quality Products; LPD; and Other segments. It provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assay test kits; veterinary reference laboratory diagnostic and consulting services; practice management and diagnostic imaging systems and services for veterinarians; and health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services for biomedical research community...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1991-06-21

Stock Exchange

NASDAQ

Ticker

IDXX

The Current Ratio as of November 2024 (TTM) for IDEXX Laboratories, Inc. (IDXX) is 1.42

According to IDEXX Laboratories, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.42. This represents a change of -3.31% compared to the average of 1.47 of the last 4 quarters.

IDEXX Laboratories, Inc. (IDXX) Historical Current Ratio (quarterly & annually)

How has IDXX Current Ratio performed in the past?

The mean historical Current Ratio of IDEXX Laboratories, Inc. over the last ten years is 1.11. The current 1.42 Current Ratio has changed 12.72% with respect to the historical average. Over the past ten years (40 quarters), IDXX's Current Ratio was at its highest in in the December 2020 quarter at 1.82. The Current Ratio was at its lowest in in the December 2018 quarter at 0.85.

Quarterly (TTM)
Annual

Average

1.11

Median

0.95

Minimum

0.85

Maximum

1.82

IDEXX Laboratories, Inc. (IDXX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of IDEXX Laboratories, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 94.62%

Maximum Annual Current Ratio = 1.82

Minimum Annual Increase = -32.20%

Minimum Annual Current Ratio = 0.85

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.5776.30%
20220.89-28.78%
20211.25-31.37%
20201.8294.62%
20190.9410.35%
20180.85-12.25%
20170.976.94%
20160.90-5.65%
20150.963.67%
20140.93-32.20%

IDEXX Laboratories, Inc. (IDXX) Average Current Ratio

How has IDXX Current Ratio performed in the past?

The current Current Ratio of IDEXX Laboratories, Inc. (IDXX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

1.24

5-year avg

1.29

10-year avg

1.11

IDEXX Laboratories, Inc. (IDXX) Current Ratio vs. Peers

How is IDXX’s Current Ratio compared to its peers?

IDEXX Laboratories, Inc.’s Current Ratio is less than Waters Corporation (2.02), greater than IQVIA Holdings Inc. (0.81), less than Charles River Laboratories International, Inc. (1.48), less than Revvity, Inc. (3.56), greater than Mettler-Toledo International Inc. (1.01), less than Agilent Technologies, Inc. (1.78), less than Thermo Fisher Scientific Inc. (1.63), less than Illumina, Inc. (2.43), greater than Danaher Corporation (1.37), less than Twist Bioscience Corporation (4.88), greater than ICON Public Limited Company (1.34),

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