Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026)
Idexx Laboratories (IDXX) posted quarterly Asset Utilization Ratio of 1.32 for Q1 2026, up 9.23% year-over-year from 1.21 in Q1 2025, and up 3.33% on a QoQ basis from 1.28 in Q4 2025.
Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Idexx Laboratories (IDXX) has reported Asset Utilization Ratio for 17 consecutive years, with 1.32 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio rose 9.23% year-over-year to 1.32; the TTM figure through Mar 2026 stood at 1.32 (up 9.23% YoY), while the FY2025 annual figure was 1.3, up 8.91% from the prior year.
- Asset Utilization Ratio came in at 1.32 for Q1 2026 at Idexx Laboratories, up from 1.28 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.32 in Q1 2026, with the low at 1.12 in Q2 2024.
- Average Asset Utilization Ratio over 5 years is 1.22, with a median of 1.24 recorded in 2023.
- Across the five-year window, Asset Utilization Ratio slipped 9.63% in 2024 and increased 10.33% in 2025, its largest moves.
- Year by year, Asset Utilization Ratio stood at 1.25 in 2022, then fell by 7.72% to 1.15 in 2023, then advanced by 1.69% to 1.17 in 2024, then advanced by 8.89% to 1.28 in 2025, then advanced by 3.33% to 1.32 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 1.32, 1.28, and 1.24 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 1.32 |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 1.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 0.56 |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 0.56 |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 1.11 |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 0.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.32 |
| Dec 31, 2025 | 1.28 |
| Sep 30, 2025 | 1.24 |
| Jun 30, 2025 | 1.23 |
| Mar 31, 2025 | 1.21 |
| Dec 31, 2024 | 1.17 |
| Sep 30, 2024 | 1.14 |
| Jun 30, 2024 | 1.12 |
| Mar 31, 2024 | 1.13 |
| Dec 31, 2023 | 1.15 |
| Sep 30, 2023 | 1.20 |
| Jun 30, 2023 | 1.24 |
| Mar 31, 2023 | 1.24 |
| Dec 31, 2022 | 1.25 |
| Sep 30, 2022 | 1.27 |
| Jun 30, 2022 | 1.27 |
| Mar 31, 2022 | 1.30 |
| Dec 31, 2021 | 1.33 |
| Sep 30, 2021 | 1.31 |
| Jun 30, 2021 | 1.29 |