OakChart

Idexx Laboratories Inc

IDXXHealthcare·Diagnostics & Research·USA·Large·NASD·Nov 11 • 3:59 PM ET

702.59+5.95 (0.85%)
2026-11-12 05:38 CET
Market cap
55,354.47 USD m
Revenue, TTM
4,662.22 USD m
Net income, TTM
1,182.19 USD m
Free cash flow, TTM
1,300.15 USD m
EPS diluted, TTM
14.84
P/E
47.36
Compare

Price

IDXX against its 20, 50 and 200-day averages
2050200beat
500.00550.00600.00650.00700.00989K2.0MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26IDXXclose 702.5920-day 610.9250-day 555.73200-day 572.16702.5952w low

8.8% under the 52-week high of 769.98 on 26 Nov 2025. 52-week low 500.61 on 11 Sep 2026. Last 15 sessions, 32.0% high to low

Volume 0.74× normal · the line is the 50-bar volume average

Profile

IDXX
52-week range, 75% of the way up
500.61769.98

IDEXX Laboratories, Inc. engages in the development, manufacturing, and distribution of products and services for the animal veterinary, livestock and poultry, dairy, and water testing industries. It operates through the following segments: Companion Animal Group (CAG), Water Quality Products (Water), Livestock, Poultry, and Dairy (LPD), and Other. The CAG segment provides diagnostic and information management-based products and services for the companion animal veterinary industry, including in-clinic diagnostic solutions, outside reference laboratory services, and veterinary software and services. The Water segment offers innovative testing solutions for easy, rapid, and accurate detection and quantification of various microbiological parameters in water. The LPD segment develops diagnostic tests, services, and related instrumentation that are used to manage the health status of livestock and poultry, to improve producer efficiency, and to ensure the quality and safety of milk and food. The Other segment is composed of products for the human point-of-care medical diagnostics market with its out-licensing arrangements. The company was founded by David Evans Shaw on December 19, 1983 and is headquartered in Westbrook, ME.

IndexNDX, S&P 500, RUI
Employees11000
IPOJun 21, 1991
Beta1.49
ATR, 14d26.04
Rel volume0.74
Short float3.00%
Insider own0.38%
Inst own97.21%

Snapshot

6 groups

Valuation

IndexNDX, S&P 500, RUI
Market Cap55.35B
Enterprise Value56.13B
Income1.18B
Sales4.66B
Book/sh23.72
Cash/sh2.51
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees11000
IPOJun 21, 1991

Ratios

P/E47.36
Forward P/E41.71
PEG3.07
P/S11.87
P/B29.62
P/C280.22
P/FCF42.58
EV/EBITDA33.67
EV/Sales12.04
Quick Ratio0.81
Current Ratio1.12
Debt/Eq0.52
LT Debt/Eq0.21
Option/ShortYes / Yes

Earnings

EPS (ttm)14.84
EPS next Y16.84
EPS next Q3.34
EPS this Y14.02%
EPS next Y12.94%
EPS next 5Y13.57%
EPS past 3/5Y17.66% 14.28%
Sales past 3/5Y8.52% 9.72%
EPS Y/Y TTM17.33%
Sales Y/Y TTM11.87%
EPS Q/Q17.86%
Sales Q/Q9.86%
EarningsNov 02 BMO
EPS/Sales Surpr.7.63% 1.89%

Ownership

Insider Own0.38%
Insider Trans-12.16%
Inst Own97.21%
Inst Trans-0.45%
ROA33.33%
ROE68.93%
ROIC52.16%
Gross Margin62.78%
Oper. Margin32.36%
Profit Margin25.36%
SMA2015.01%
SMA5026.43%
SMA20022.80%
Trades-

Technical

Shs Outstand78.79M
Shs Float78.49M
Short Float3.00%
Short Ratio4.13
Short Interest2.35M
52W High769.98 -8.75%
52W Low500.61 40.35%
Volatility4.17% 3.37%
ATR (14)26.04
RSI (14)72.21
Beta1.49
Rel Volume0.74
Avg Volume570.22K
Volume423,322

Performance

Perf Week0.58%
Perf Month35.03%
Perf Quarter23.93%
Perf Half Y32.90%
Perf YTD3.85%
Perf Year-1.39%
Perf 3Y63.88%
Perf 5Y14.23%
Perf 10Y543.57%
Recom1.88
Target Price744.67
Prev Close696.64
Price702.59
Change %0.85%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 16, 2026InitiatedGGoldmanBuy$740+5.3%
Oct 12, 2026InitiatedKKeyBanc Capital MarketsSector Weight
Apr 15, 2026InitiatedCCitigroupNeutral$650-7.5%
Dec 09, 2025InitiatedBBarclaysOverweight$850+21.0%
Oct 31, 2025UpgradeSStifelHold → Buy$700-0.4%
Oct 01, 2025InitiatedUUBSNeutral$720+2.5%
Aug 05, 2025ReiteratedBBTIG ResearchBuy$545 → $785+11.7%
Jul 01, 2025InitiatedJJefferiesBuy$625-11.0%
Dec 02, 2024InitiatedLLeerink PartnersOutperform$500-28.8%
Jul 25, 2024InitiatedBBTIG ResearchBuy$580-17.4%

Peers

Mkt cap
TickerCompanyMkt cap
ZTSZoetis Inc33.55B
DHRDanaher Corp165.55B
DGXQuest Diagnostics Inc28.46B
LHLabcorp Holdings Inc30.23B
AAgilent Technologies Inc49.89B
TMOThermo Fisher Scientific Inc265.92B
WATWaters Corp46.27B
ELANElanco Animal Health Inc13.24B
NEOGNeogen Corp2.53B
BIOBio-Rad Laboratories Inc10.39B

Insider trading

latest 14 of 52
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Underberg Sharon E.EVP, GC & Corporate SecretaryNov 04 '26Option Exercise288.788,9062,571,87516,075Nov 05 05:02 PM
Underberg Sharon E.EVP, GC & Corporate SecretaryNov 04 '26Sale688.598,9066,132,6057,169Nov 05 05:02 PM
MAZELSKY JONATHAN JAYExecutive Chair of the BoardNov 04 '26Option Exercise178.2625,1404,481,456108,943Nov 05 05:01 PM
MAZELSKY JONATHAN JAYExecutive Chair of the BoardNov 04 '26Sale703.1925,14017,678,19583,803Nov 05 05:01 PM
Lane MichaelExecutive Vice PresidentNov 04 '26Sale688.643,9792,740,0694,076Nov 05 05:01 PM
JUNIUS DANIEL MDirectorNov 04 '26Sale704.071,200844,8882,361Nov 05 05:01 PM
JONATHAN J MAZELSKYOfficerNov 04 '26Proposed Sale703.1925,14017,678,197Nov 04 04:22 PM
SHARON E UNDERBERGOfficerNov 04 '26Proposed Sale688.598,9066,132,606Nov 04 04:08 PM
MICHAEL J LANEOfficerNov 04 '26Proposed Sale688.643,9792,740,108Nov 04 04:04 PM
JUNIUS DANIEL MDirectorNov 04 '26Proposed Sale691.67500345,835Nov 04 02:37 PM
Kingsley Lawrence DDirectorSep 04 '26Option Exercise114.172,203251,51711,771Sep 09 05:00 PM
Kingsley Lawrence DDirectorSep 04 '26Sale532.082,2031,172,1789,568Sep 09 05:00 PM
LAWRENCE D KINGSLEYDirectorSep 04 '26Proposed Sale532.082,2031,172,178Sep 04 04:03 PM
Emerson AndrewEVP, CFO and TreasurerAug 20 '26Option Exercise178.2626547,2394,507Aug 24 05:00 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
QQQInvesco QQQ Trust Series 1AUM: 463.98B
VOOVanguard S&P 500 ETFAUM: 1054.75B
VOVanguard Morningstar Mid-Cap ETFAUM: 107.07B
IVViShares Core S&P 500 ETFAUM: 871.38B
SPYSPDR S&P 500 ETF TrustAUM: 793.23B
VUGVanguard Morningstar Growth ETFAUM: 217.67B
XLVState Street Health Care Select Sector SPDR ETFAUM: 50.35B
VOTVanguard Morningstar Mid-Cap Growth ETFAUM: 18.66B
RSPInvesco S&P 500 Equal Weight ETFAUM: 104.94B

News

latest 14 of 200

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-024.0103.7264.0101,2141,19212
2026Q22026-08-044.2703.9444.2671,2171,20011
2026Q12026-05-053.4703.4103.4741,1411,11912
2025Q42026-02-023.0802.9333.0841,0911,07312
2025Q32025-11-033.4003.1383.4041,1051,07313
2025Q22025-08-043.6303.3023.6301,1091,06710
2025Q12025-05-012.9602.8482.962998.43997.110
2024Q42025-02-032.6202.4032.619954.29935.1511
2024Q32024-10-312.8002.6812.803975.54980.3211
2024Q22024-08-062.4402.8852.4381,0041,00711
2024Q12024-05-012.8102.7122.806964.1964.419
2023Q42024-02-052.3202.1242.318901.6891.889
2023Q32023-11-012.5302.3712.527915.53926.889
2023Q22023-08-012.6702.4742.670943.63934.5910
2023Q12023-05-022.5502.4222.550900.2890.689
2022Q42023-02-062.0501.9242.055828.57820.9111

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY4.8904.7544.8862,4072,402
2020FY6.7106.1016.7092,7072,667
2021FY8.6008.3828.6043,2153,195
2022FY8.0307.9078.0273,3673,358
2023FY10.0609.86010.0633,6613,649
2024FY10.67010.45810.6663,8983,879
2025FY13.08012.92813.0804,3044,285
2026FY-14.914--4,749
2027FY-16.844--5,163
2028FY-19.158--5,651
2029FY-21.937--6,169
2030FY-24.847--6,760

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0611301,1831,1791,186
2026Q4S2026-11-0211301,1821,1701,186
2026Q4S2026-10-2811001,1741,1661,185
2026Q4S2026-10-2310001,1741,1661,185
2026Q4S2026-10-1910001,1741,1661,185
2026Q4S2026-10-1810001,1741,1661,185
2026Q4S2026-10-1610101,1741,1661,185
2026Q4S2026-10-1511101,1741,1661,185
2026Q4S2026-10-0910101,1731,1661,184
2026Q4S2026-10-019101,1731,1661,184
2026Q4S2026-09-259101,1731,1661,184
2026Q4S2026-09-1410201,1751,1661,186
2026Q4S2026-08-0710101,1751,1661,186
2026Q4S2026-08-0510101,1751,1661,186

Estimate history

EPS, annual2.9384.2624.8866.7098.6048.02710.06310.66613.07614.8362
Period201720182019202020212022202320242025TTM
EPS, quarterly2.8032.6192.9623.633.4043.0843.4744.2674.012
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual1969.0582213.2422406.9082706.6553215.363367.3243660.9533897.5044303.7024662.22
Period201720182019202020212022202320242025TTM
Sales, quarterly975.543954.288998.4271109.4571105.2391090.5791140.821216.5851214.237
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual87.33386.26285.61485.53684.56282.89483.03281.60479.71278.79
Period201720182019202020212022202320242025MRQ
Shares, quarterly82.03781.60480.7480.1579.99979.71279.2478.87478.79
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue4,662.224,303.703,897.503,660.953,367.323,215.362,706.662,406.912,213.24
Cost of Goods Sold Incl. D&A1,735.201,643.321,524.511,474.491,388.721,313.711,136.441,051.99970.72
Gross Profit2,927.022,660.382,372.992,186.461,978.611,901.651,570.211,354.921,242.52
Selling, General and Administrative Excl. Other1,418.131,295.351,245.881,093.941,104.37954.77874.01811.74747.58
Research and Development266.87251.21219.79190.95254.82161.01141.25133.19117.86
Other Operating Expense0.000.000.000.00-2.20-1.460.000.000.00
Operating Income1,508.891,365.031,127.121,092.52876.43948.35696.20543.19494.94
Interest Expense39.5642.7036.0741.5842.6632.6135.8333.4534.74
Unusual Expense-9.08-2.70-1.600.00-2.804.30-0.20-1.432.63
Net Income Before Taxes1,478.971,324.191,109.831,061.18859.97902.65661.99522.22457.74
Income Taxes296.78264.73221.96216.13180.88157.8179.8594.4380.69
Consolidated Net Income1,182.191,059.46887.87845.04679.09744.84582.13427.79377.05
Net Income From Continuing Operations1,182.191,059.46887.87845.04679.09744.85581.78427.72377.03
Net Income1,182.191,059.46887.87845.04679.09744.85581.78427.72377.03
EPS (Recurring)14.8713.0510.6510.068.008.646.714.874.28
EPS (Basic, Before Extraordinaries)14.9113.1710.7710.178.128.746.824.974.34
EPS (Diluted)14.8413.0810.6710.068.038.606.714.894.26
EBITDA1,666.911,510.211,257.061,207.42988.331,052.94792.19631.20578.12
Non-Operating Income (Expense)0.57-0.8517.1810.2423.40-8.791.4211.050.17
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense51.3624.7534.0240.5532.590.55-11.9915.28-0.53
Price To Earnings Ratio47.3647.3639.8956.6351.8876.5474.4853.4443.56
Price To Sales Ratio8.8512.748.8312.7310.2517.7316.029.507.44
Gross Margin62.7861.8260.8859.7258.7659.1458.0156.2956.14
Operating Margin32.3631.7228.9229.8426.0329.4925.7222.5722.36
Net Margin25.3624.6222.7823.0820.1723.1721.4917.7717.04
Shares Outstanding78.7979.7181.6083.0382.8984.5685.5485.6186.26
Market Capitalization55,354.4755,354.4733,854.4146,097.8533,786.0255,833.1942,638.8622,400.5116,041.25

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,214.241,216.591,140.821,090.581,105.241,109.46998.43954.29
Cost of Goods Sold Incl. D&A449.14437.06417.93431.06419.92415.90371.30386.52
Gross Profit765.10779.52722.89659.51685.32693.55627.12567.77
Selling, General and Administrative Excl. Other361.95353.52360.15342.51328.51321.69306.85308.97
Research and Development68.8265.4365.7966.8363.4161.9059.0657.73
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income403.15426.00362.74317.01356.81371.87320.28258.80
Interest Expense8.6411.468.9510.5211.7312.068.398.47
Unusual Expense-4.65-2.33-1.00-1.10-0.80-0.40-0.40-0.50
Net Income Before Taxes399.32417.22355.44306.98344.77362.35310.08256.39
Income Taxes82.1878.8177.0058.7970.1668.3667.4140.24
Consolidated Net Income317.14338.41278.45248.19274.61293.99242.68216.15
Net Income From Continuing Operations317.14338.41278.45248.19274.61293.99242.68216.15
Net Income317.14338.41278.45248.19274.61293.99242.68216.15
EPS (Recurring)3.974.253.463.073.403.632.962.61
EPS (Basic, Before Extraordinaries)4.024.293.503.113.433.662.982.64
EPS (Diluted)4.014.273.473.083.403.632.962.62
EBITDA443.71467.05400.42355.73393.44407.64354.34292.50
Non-Operating Income (Expense)0.170.350.65-0.61-1.112.14-2.215.56
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense12.8112.9112.9112.7311.4011.7711.5311.26
Price To Earnings Ratio47.3638.7342.9653.6353.1849.5639.3739.89
Price To Sales Ratio8.859.1710.1312.6512.3710.768.758.76
Gross Margin63.0164.0763.3760.4762.0162.5162.8159.50
Operating Margin33.2035.0231.8029.0732.2833.5232.0827.12
Net Margin26.1227.8224.4122.7624.8526.5024.3122.65
Shares Outstanding78.7978.8779.2479.7180.0080.1580.7481.60
Market Capitalization55,354.4741,527.1744,739.9354,021.8051,114.2043,133.4834,032.3333,854.41

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments180.07288.27453.93112.55144.45383.9390.33123.79472.41
Short Term Receivables693.19561.32529.53490.90425.58374.74307.49272.62270.07
Inventories377.76381.88380.28367.82269.03209.87195.02173.30164.32
Other Current Assets89.25106.7877.4372.9661.1744.7142.2845.4741.67
Total Current Assets1,340.261,338.241,441.171,044.23900.241,013.25635.11615.19948.47
Net Property, Plant & Equipment870.61829.25817.68768.09692.77646.34614.45437.27379.10
Total Investments and Advances60.1860.0958.3155.5017.6012.0618.2212.689.95
Long-Term Note Receivable236.91185.51167.96148.97122.1691.6866.2331.27-
Intangible Assets523.85516.78450.46459.47458.38295.89298.19256.31243.72
Deferred Tax Assets27.87125.63107.3655.2224.7831.558.108.487.70
Other Assets291.08237.94216.98215.29221.27203.79192.18176.14124.49
Total Assets3,350.763,293.443,259.932,746.762,437.202,294.561,832.471,537.351,713.42
Short Term Debt Incl. Current Port. of LT Debt500.07439.33344.80674.41168.4367.72304.05398.94655.00
Accounts Payable110.41114.21110.64110.22116.1474.5672.1769.5366.97
Income Tax Payable88.6762.2586.5548.5542.6042.6831.1126.6129.39
Other Current Liabilities449.67452.13409.55402.63436.41397.81318.01275.36253.21
Total Current Liabilities1,148.811,067.92951.551,235.80763.58582.76725.34770.441,004.57
Long Term Debt475.99547.62722.55795.63862.58935.53766.38601.35606.08
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities31.8611.317.248.158.9411.7133.0229.2725.35
Other Liabilities88.7071.2894.0698.45112.11131.77129.91145.52131.26
Total Liabilities1,745.381,698.131,775.392,138.031,747.211,661.771,654.651,546.581,767.26
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity1,605.381,595.311,484.53608.74689.99632.09177.47-9.51-54.11
Total Shareholders Equity1,605.381,595.311,484.53608.74689.99632.09177.47-9.51-54.11
Accumulated Minority Interest0.000.000.000.000.000.710.350.280.26
Total Equity1,605.381,595.311,484.53608.74689.99632.79177.82-9.23-53.84
Total Liabilities & Stockholders Equity3,350.763,293.443,259.932,746.762,437.202,294.561,832.471,537.351,713.42
Book Value Per Share20.1419.5517.887.348.167.392.07-0.11-0.62
Tangible Book Value Per Share13.5713.2212.451.802.743.93-1.41-3.08-3.41
Full-Time Employees11,00011,00011,00010,78010,3509,3009,2008,3777,600
Price to Book Ratio29.6220.9635.5471.1380.7067.64125.97-1,686.80-281.52
Return on Assets31.8927.1028.1426.2031.4828.1925.3923.2016.22
Return on Equity66.2057.6680.74104.58112.68143.73509.31--
Return on Invested Capital50.9041.4338.2948.3647.9737.1145.3263.7147.67
Quick Ratio0.840.901.110.550.831.380.610.570.78
Current Ratio1.171.251.510.841.181.740.880.800.94

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income1,182.191,059.46887.87845.04679.09744.84582.13427.79377.05
Depreciation158.02145.18129.94114.91111.90104.6096.0088.0183.18
Other Funds (Non Cash)76.6269.7368.6367.3060.1644.3639.7842.1630.29
Funds from Operations1,467.271,405.581,062.24978.94816.08890.42679.82564.13491.72
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-52.12-227.51-133.24-72.43-273.53-137.52-31.76-104.97-91.64
Cash from Operating Activities1,415.151,178.07929.00906.51542.55752.90648.06459.16400.08
Capital Expenditures-118.89-138.23-130.92-133.63-158.84-119.55-107.88-155.22-122.94
Net Assets From Acquisitions-223.430.00-76.690.00-11.51-174.41-1.50-50.30-22.50
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00-0.00-
Purchase or Sale of Investments5.54-0.76-1.000.00-25.000.000.000.00284.04
Purchase of Investments-1.70-0.76-1.000.00-25.000.000.000.00-0.09
Sale Or Maturity of Investments7.240.000.000.000.000.000.000.00284.12
Other Uses0.000.000.000.000.000.000.000.000.00
Other Sources1.502.741.568.380.000.000.000.00-
Cash from Investing Activities-335.27-136.24-207.06-125.25-195.35-293.96-109.38-205.53138.60
Cash Dividends Paid0.000.000.000.000.000.000.000.000.00
Change in Capital Stock-947.37-1,123.60-792.54-24.89-783.96-700.21-131.49-265.55-331.12
Repurchase of Common Pref Stock-1,047.79-1,216.96-837.03-71.92-819.71-746.78-182.81-301.66-369.32
Sale of Common Pref Stock100.4293.3644.4947.0335.7546.5651.3336.1138.20
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-131.00-30.39-75.00-404.00430.5023.50-94.65-10.43-256.04
Change in Long Term Debt-150.00-178.38-75.00-75.00-75.00-50.00194.9799.850.00
Issuance of Long Term Debt0.000.000.000.000.000.00194.9799.850.00
Reduction of Long Term Debt-150.00-178.38-75.00-75.00-75.00-50.000.000.000.00
Net Financing Active Other Cash Flow-11.06-7.24-10.53-13.11-17.04-17.06-22.28-10.43-10.64
Other Financing Activities Uses-11.06-7.24-10.53-13.11-17.04-17.06-22.28-10.43-10.64
Cash from Financing Activities-1,089.43-1,161.23-878.07-442.00-370.50-693.77-248.42-286.41-597.80
Exchange Rate Effect-1.0811.20-9.532.13-8.61-4.643.33-0.69-4.77
Net Change in Cash-10.63-108.20-165.67341.39-31.91-239.47293.60-33.47-63.88
Free Cash Flow1,300.151,053.39808.08772.88393.71633.35541.11304.19284.33
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow31.7552.0442.5960.3187.6690.0080.1175.1557.88
Deferred Taxes & Investment Tax Credit-131.20-24.19-48.31-35.06-3.38-38.086.161.21

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments197.54196.93200.53180.07208.17164.59
Short Term Receivables721.32741.67697.21693.19714.97663.47
Inventories390.87391.58382.40377.76391.56392.58
Other Current Assets107.3299.2597.0789.2592.3575.02
Total Current Assets1,417.051,429.441,377.211,340.261,407.051,295.67
Net Property, Plant & Equipment851.96856.00861.78870.61867.64869.46
Total Investments and Advances67.3462.0259.9160.1859.8758.30
Intangible Assets758.28509.12516.85523.85528.44518.22
Deferred Tax Assets26.0722.6723.2727.8731.50125.02
Other Assets323.26312.73305.52291.08275.44257.25
Total Assets3,707.113,442.343,385.503,350.763,386.713,330.79
Short Term Debt Incl. Current Port. of LT Debt575.55695.71706.85500.07631.64679.82
Accounts Payable154.09129.10129.97110.41122.27116.58
Income Tax Payable86.6476.1080.0388.6789.2075.21
Other Current Liabilities447.95386.75383.00449.67408.70352.26
Total Current Liabilities1,264.221,287.661,299.851,148.811,251.811,223.88
Long Term Debt397.41400.37398.60475.99481.32557.45
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities61.1752.6444.5931.863.722.09
Other Liabilities115.1389.0986.3588.7088.6788.55
Total Liabilities1,837.931,829.761,829.391,745.381,825.531,871.97
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity1,869.181,612.581,556.101,605.381,561.191,458.83
Total Shareholders Equity1,869.181,612.581,556.101,605.381,561.191,458.83
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity1,869.181,612.581,556.101,605.381,561.191,458.83
Total Liabilities & Stockholders Equity3,707.113,442.343,385.503,350.763,386.713,330.79
Book Value Per Share23.7220.4419.6420.1419.5218.20
Tangible Book Value Per Share14.1013.9913.1213.5712.9111.74
Full-Time Employees---11,000--
Price to Book Ratio29.6226.8127.9034.6735.1029.91
Return on Assets33.3333.6533.1931.8930.5029.22
Return on Equity68.9374.2172.9266.2064.6364.87
Return on Invested Capital13.9916.8114.2411.9213.4414.58
Quick Ratio0.810.810.770.840.810.74
Current Ratio1.121.111.061.171.121.06

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income317.14338.41278.45248.19274.61293.99
Depreciation40.5641.0537.6838.7236.6335.77
Other Funds (Non Cash)15.9418.1025.9816.6117.8017.36
Funds from Operations372.13404.10356.00335.04422.29349.60
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital77.59-56.94-89.7516.98-19.95-163.86
Cash from Operating Activities449.72347.16266.25352.02402.34185.74
Capital Expenditures-28.93-26.54-33.78-29.63-44.46-34.10
Net Assets From Acquisitions-223.430.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments4.261.040.240.00-0.760.00
Purchase of Investments-0.900.00-0.800.00-0.760.00
Sale Or Maturity of Investments5.161.041.040.000.000.00
Other Uses0.000.000.000.000.000.00
Other Sources0.000.000.001.500.350.47
Cash from Investing Activities-248.10-25.50-33.54-28.13-44.87-33.63
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-80.70-313.89-332.88-219.91-189.22-320.77
Repurchase of Common Pref Stock-112.17-346.80-351.04-237.77-240.19-338.11
Sale of Common Pref Stock31.4832.9118.1617.8750.9717.33
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-120.00-11.00132.00-132.00-124.00156.11
Change in Long Term Debt-75.000.000.00-75.000.00-103.39
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt-75.000.000.00-75.000.00-103.39
Net Financing Active Other Cash Flow-0.15-0.30-10.55-0.06-0.09-0.97
Other Financing Activities Uses-0.15-0.30-10.55-0.06-0.09-0.97
Cash from Financing Activities-200.85-325.19-211.43-351.96-313.31-165.63
Exchange Rate Effect-0.17-0.07-0.82-0.02-0.5914.14
Net Change in Cash0.60-3.6020.46-28.1043.570.62
Free Cash Flow420.79322.52234.26322.59371.23151.64
Price to Free Cash Flow31.7533.3941.7251.6953.4955.38

Revenue breakdown

CAG Diagnostic Capital Instruments2024: 131.93M 2025: 200.21M
CAG Diagnostics Service And Accessories2024: 130.37M 2025: 137.42M
Consolidation, Policy2024: 323.46M 2025: 350.42M
Rapid Assay Products2024: 359.75M 2025: 348.95M
Recurring2024: 250.36M 2025: 276.34M
Reference Laboratory Diagnostic And Consulting Services2024: 1.34B 2025: 1.42B
Systems And Hardware2024: 62.27M 2025: 69.54M
VetLab Consumables2024: 1.30B 2025: 1.50B
Asia Pacific, Other2024: 110.10M 2025: 124.36M
Australia2024: 101.96M 2025: 112.25M
Canada2024: 152.89M 2025: 167.33M
China2024: 35.82M 2025: 35.96M
France2024: 110.80M 2025: 126.00M
Germany2024: 173.68M 2025: 206.76M
Italy2024: 58.22M 2025: 66.86M
Japan2024: 73.14M 2025: 83.36M
Latin America and Caribbean2024: 83.69M 2025: 90.41M
Netherlands2024: 34.05M 2025: 40.50M
Other EMEA2024: 196.31M 2025: 230.03M
Spain2024: 61.86M 2025: 70.97M
Switzerland2024: 37.18M 2025: 41.70M
United Kingdom2024: 134.63M 2025: 154.44M
United States2024: 2.53B 2025: 2.75B
Companion Animal Group2024: 3.57B 2025: 3.95B
Consolidation, Policy2024: 16.29M 2025: 17.48M
Livestock And Poultry Diagnostics2024: 122.06M 2025: 131.79M
Water2024: 185.11M 2025: 201.15M

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-303.00%2.4M78.5M554.25K
2026-10-152.46%1.9M78.5M544.81K
2026-09-302.47%1.9M78.5M572.24K
2026-09-152.44%1.9M78.5M617.36K
2026-08-312.67%2.1M78.5M626.29K
2026-08-142.47%1.9M78.5M656.02K
2026-07-312.45%1.9M78.5M644.47K
2026-07-152.67%2.1M78.6M659.04K
2026-06-302.47%1.9M78.6M629.01K
2026-06-152.73%2.1M78.4M579.74K
2026-05-292.77%2.2M78.6M573.28K
2026-05-152.57%2.0M78.6M549.01K
2026-04-302.65%2.1M78.6M536.62K
2026-04-152.61%2.1M79.1M524.79K
2026-03-312.42%1.9M78.7M516.36K
2026-03-132.29%1.8M78.7M519.92K
2026-02-272.22%1.7M78.7M512.48K
2026-02-132.22%1.7M78.7M549.08K
2026-01-302.30%1.8M79.0M563.09K
2026-01-152.42%1.9M79.0M549.34K

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call370328.7336.80.002.4910.000.000.999-0.0730.004
call380319326.80.002.4000.000.000.999-0.0740.004
call390309316.8140.22.3111.000.000.999-0.0750.004
call400299306.90.002.2240.000.000.999-0.0760.005
call410288.9296.80.002.1400.000.000.990-0.2940.028
call420279286.80.002.0570.000.000.990-0.2930.029
call430269.1277.10.001.9870.000.000.990-0.2930.030
call440259.1266.80.001.9070.000.000.989-0.2920.031
call450249.1256.90.001.8290.000.000.989-0.2920.032
call460238.9246.9105.61.7531.000.000.988-0.2910.034
call470229.1236.90.001.6780.000.000.988-0.2900.035
call480219.1226.90.001.6040.000.000.987-0.2890.036
call490209.12170.001.5320.000.000.986-0.2880.038
call500199.2206.972.101.4611.000.000.986-0.2870.040
call510188.8196.948.751.3991.000.000.985-0.2860.041
call520178.9186.941.901.31413.000.000.984-0.2840.043
call530169177142.91.26118.000.000.981-0.3120.050
call540159.2167138.031.1949.000.000.980-0.3090.052
call550149.2157145.461.12724.001.000.979-0.3070.055
call560139.21471191.06110.000.000.978-0.3050.058
call57012913798.031.00311.000.000.976-0.3020.061
call580119.3127.185.000.9382.000.000.975-0.2990.064
call590109.1117.183.560.8737.000.000.973-0.2950.068
call60099.40107.2108.920.81461.000.000.971-0.2910.073
call61089.1097.2078.100.7556.000.000.968-0.2870.078
call62079.6087.4054.520.6916.000.000.965-0.2820.084
call63069.8077.6079.600.6407.000.000.882-0.8210.216
call64060.2068.0038.000.59121.000.000.870-0.7930.231
call65050.5058.6047.050.54613.000.000.830-0.9300.277
call66041.2050.0034.050.5196.000.000.784-1.0550.321
call67032.5041.0027.580.47431.000.000.749-1.0230.348
call68024.4033.0034.000.4476.000.000.698-1.0140.381
call69017.0026.0018.300.43110.002.000.626-1.0460.414
call70011.0019.4012.600.4076.002.000.542-1.0420.434
call7106.0013.208.700.3735.001.000.449-0.9820.433
call7202.4010.404.500.3971.000.000.365-0.9630.411
call7300.059.003.500.4399.001.000.303-0.9670.382
call7400.058.202.450.4881040.000.260-0.9850.355
call7500.004.901.200.44911.000.000.192-0.7870.299
call7600.051.851.000.3771112.000.106-0.4510.201
call7700.004.900.000.4220.000.000.091-0.4380.179
call7800.004.900.000.4660.000.000.082-0.4430.166
call7900.004.900.000.5090.000.000.076-0.4570.157
call8000.000.700.000.5710.000.000.078-0.4890.166
call8100.004.900.000.4880.000.000.034-0.2310.083
call8200.004.900.000.5220.000.000.032-0.2360.079
call8300.004.900.000.5560.000.000.031-0.2400.076
call8400.004.900.000.5890.000.000.029-0.2440.073
call8500.004.900.000.6210.000.000.028-0.2480.070
call8600.004.900.000.6520.000.000.027-0.2510.067
call8700.004.900.000.6830.000.000.026-0.2540.065
call8800.004.900.000.7130.000.000.025-0.2570.063
call8900.004.900.000.7430.000.000.024-0.2600.061
call9000.004.900.000.7720.000.000.023-0.2630.060
call9100.004.900.000.8010.000.000.022-0.2650.058
call9200.004.900.000.8290.000.000.022-0.2680.057
call9300.004.900.000.8560.000.000.021-0.2700.055
call9400.004.900.000.8840.000.000.021-0.2730.054
call9500.004.900.000.9100.000.000.020-0.2750.053
call9600.004.900.000.9370.000.000.020-0.2770.052
call9700.004.900.000.9630.000.000.019-0.2790.051
call9800.004.900.000.9880.000.000.019-0.2810.050
call9900.004.900.001.0130.000.000.018-0.2830.049
call1,0000.004.900.001.0380.000.000.018-0.2850.048
put3700.004.901.001.3742.000.00-0.001-0.0310.004
put3800.004.900.001.3200.000.00-0.001-0.0310.004
put3900.004.900.001.2670.000.00-0.001-0.0310.004
put4000.000.050.031.5652.000.00-0.008-0.2120.024
put4100.005.101.291.5631.000.00-0.010-0.2480.028
put4200.005.100.911.5002.000.00-0.010-0.2470.029
put4300.005.100.001.4380.000.00-0.010-0.2450.030
put4400.005.101.181.37851.000.00-0.011-0.2430.031
put4500.005.100.151.3194.000.00-0.011-0.2420.032
put4600.005.100.051.2619.000.00-0.012-0.2400.034
put4700.005.100.141.20414.000.00-0.012-0.2380.035
put4800.005.100.351.1489.000.00-0.013-0.2360.036
put4900.005.105.161.0933.000.00-0.014-0.2330.038
put5000.005.101.961.0392520.00-0.014-0.2310.040
put5100.005.100.100.98629.000.00-0.015-0.2290.041
put5200.000.600.250.86619.000.00-0.016-0.2020.046
put5300.005.100.930.90324.000.00-0.019-0.2530.050
put5400.005.100.030.8512540.00-0.020-0.2490.052
put5500.004.900.050.8002220.00-0.021-0.2460.055
put5600.004.900.460.7497.000.00-0.022-0.2420.058
put5700.004.403.100.6994.000.00-0.024-0.2380.061
put5800.002.702.470.6508.000.00-0.025-0.2340.064
put5900.004.902.950.6015.000.00-0.027-0.2300.068
put6000.004.900.520.5527.000.00-0.029-0.2250.073
put6100.004.804.000.5031.000.00-0.032-0.2190.078
put6200.004.900.800.45518.000.00-0.035-0.2130.084
put6300.004.901.000.6228.0010.00-0.118-0.7510.216
put6400.004.102.500.5583.001.00-0.130-0.7220.231
put6500.055.803.840.55824.000.00-0.170-0.8580.277
put6600.058.006.540.5586.000.00-0.216-0.9810.321
put6700.758.604.100.49811.001.00-0.251-0.9480.348
put6802.159.7011.270.4465.000.00-0.302-0.9380.381
put6904.7012.4024.800.4233.000.00-0.374-0.9690.414
put7007.5016.2025.260.4093.000.00-0.458-0.9640.434
put71015.5021.3018.500.4052.000.00-0.551-0.9030.433
put72019.0027.7032.290.4115.000.00-0.635-0.8830.411
put73028.7035.400.000.4320.000.00-0.697-0.8860.382
put74035.2043.900.000.4600.000.00-0.740-0.9030.355
put75044.7052.8055.000.4891.000.00-0.808-0.7010.298
put76054.1062.000.000.5210.000.00-0.894-0.3670.201
put77063.7071.800.000.5680.000.00-0.909-0.3530.179
put78073.5081.300.000.6120.000.00-0.918-0.3570.166
put79083.4091.200.000.6580.000.00-0.924-0.3700.157
put80093.30101.190.510.7020.000.00-0.964-0.1380.087
put810103.3111.10.000.7480.000.00-0.966-0.1410.083
put820113.3121.10.000.7940.000.00-0.968-0.1450.079
put830123.3131.10.000.8380.000.00-0.969-0.1480.076
put840133.3141.10.000.8810.000.00-0.971-0.1510.073
put850143.3151.10.000.9230.000.00-0.972-0.1530.070
put860153.3161.10.000.9630.000.00-0.973-0.1550.067
put870163.3171.10.001.0040.000.00-0.974-0.1570.065
put880173.3181.10.001.0430.000.00-0.975-0.1590.063
put890183.3191.10.001.0810.000.00-0.976-0.1610.061
put900193.3201.10.001.1190.000.00-0.977-0.1630.060
put910203.3211.10.001.1560.000.00-0.978-0.1640.058
put920213.3221.10.001.1920.000.00-0.978-0.1660.057
put930223.3231.10.001.2280.000.00-0.979-0.1670.055
put940233.3241.10.001.2630.000.00-0.979-0.1680.054
put950243.3251.10.001.2970.000.00-0.980-0.1690.053
put960253.3261.10.001.3310.000.00-0.980-0.1700.052
put970263.3271.10.001.3640.000.00-0.981-0.1710.051
put980273.3281.10.001.3970.000.00-0.981-0.1720.050
put990283.3291.10.001.4300.000.00-0.982-0.1730.049
put1,000293.3301.10.001.4610.000.00-0.982-0.1740.048

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-05144/ASEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-054Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-10-30SEC
2026-11-028-KCurrent report2026-11-02SEC
2026-11-0210-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-10-30SCHEDULE 13GSEC
2026-09-094Statement of changes in beneficial ownership of securities2026-09-04SEC
2026-09-04144Filing for proposed sale of securities under Rule 144.SEC
2026-08-244Statement of changes in beneficial ownership of securities2026-08-20SEC
2026-08-048-KCurrent report2026-08-04SEC
2026-08-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-06-30SEC
2026-08-034Statement of changes in beneficial ownership of securities2026-07-30SEC
2026-06-024Statement of changes in beneficial ownership of securities2026-06-01SEC
2026-06-01SDSpecialized Disclosure ReportSEC
2026-05-20144Filing for proposed sale of securities under Rule 144.SEC
2026-05-158-KCurrent report2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC
2026-05-144Statement of changes in beneficial ownership of securities2026-05-12SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110027.40M4
2026-100000
2026-09001.17M1
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-03001.12M1
2026-020028.75M5
2026-010000
2025-120000
2025-11006.63M1

Institutional holders

Manager% owned
BlackRock, Inc.10.36%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC4.94%
STATE STREET CORP4.75%
Invesco Ltd.4.58%
GEODE CAPITAL MANAGEMENT, LLC3.33%
BAMCO INC /NY/2.51%
MORGAN STANLEY1.72%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP1.35%
Fundsmith LLP1.29%

Funds

Fund% owned
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
VANGUARD 500 INDEX FUND2.59%
VANGUARD MID-CAP INDEX FUND2.17%
Invesco QQQ Trust, Series 12.12%
iShares Core S&P 500 ETF1.38%
Fidelity 500 Index Fund1.30%
SPDR S&P 500 ETF TRUST1.21%
VANGUARD GROWTH INDEX FUND1.19%
Baron Partners Fund1.07%
AMCAP Fund0.93%

OakChart. IDXX. Cached 15 minutes.