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IDEXX LABORATORIES INC (IDXX) Add to portfolio

1m | 3m | 6m | 1y | 2y | 5y | 10y
Price: $631.01 Metrics
OS: 83.3 M 145 % ROE
Market cap: $52.5 B 46 % ROIC
Net debt: $1.26 B 1.3 x Debt/EBITDA
EV: $53.8 B

 
TTM Valuation
EBITDA $963 M 55.8 x EV/EBITDA
EBIT $855 M 63.0 x EV/EBIT
EPS $7.73 81.7 x P/E

Recent News + Filings   (All items)

Financial Summary   (All financials)
In millions, except per share itemsDec-31-21Dec-31-20Dec-31-19Dec-31-18Dec-31-17Dec-31-16Dec-31-15Dec-31-14
Revenues3,215.42,706.72,406.92,213.21,969.11,775.41,601.91,485.8
            Revenue growth18.8%12.5%8.8%12.4%10.9%10.8%7.8%7.9%
Cost of goods sold1,325.91,135.61,041.4971.7871.7800.0711.6669.7
Gross profit1,889.41,571.01,365.51,241.51,097.4975.4890.3816.1
            Gross margin58.8%58.0%56.7%56.1%55.7%54.9%55.6%54.9%
Sales and marketing486.7434.4418.2387.4354.3317.1300.0283.7
Research and development161.0141.2133.2117.9109.2101.199.798.3
General and administrative309.7300.8261.3244.9220.9207.0182.5173.9
EBITA946.1704.3562.2500.2422.0359.7318.5270.1
            EBITA margin29.4%26.0%23.4%22.6%21.4%20.3%19.9%18.2%
Amortization of intangibles12.19.89.48.99.09.510.49.8
EBIT934.0694.5552.8491.3413.0350.2308.1260.3
            EBIT margin29.0%25.7%23.0%22.2%21.0%19.7%19.2%17.5%
Pre-tax income902.7662.0522.2457.7381.1321.8273.1246.6
Income taxes157.879.994.480.7117.899.881.064.6
            Tax rate17.5%12.1%18.1%17.6%30.9%31.0%29.7%26.2%
Net income744.8581.8427.7377.0263.1222.0192.1181.9
            Net margin23.2%21.5%17.8%17.0%13.4%12.5%12.0%12.2%
 
Diluted EPS$8.60$6.71$4.89$4.26$2.94$2.44$2.05$1.79
Shares outstanding (diluted)86.686.787.588.589.690.993.6101.5
 
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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