Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026)
Idexx Laboratories (IDXX) posted Asset Utilization Ratio of 1.33 for Q2 2026, up 1.04% on a QoQ basis from 1.32 in Q1 2026, and up 8.09% year-over-year from 1.23 in Q2 2025.
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Analysis
Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Idexx Laboratories has reported Asset Utilization Ratio for 17 years, with the latest figure at 1.33 in Q2 2026.
- On a quarterly basis, Asset Utilization Ratio rose 8.09% year-over-year to 1.33 in Q2 2026; TTM through Jun 2026 was 1.33, a 8.09% increase from a year earlier, with the FY2025 full-year figure at 1.3, up 8.91% from the prior year.
- Asset Utilization Ratio was 1.33 for Q2 2026 at Idexx Laboratories, up from 1.32 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 1.33 in Q2 2026, with the low at 1.12 in Q2 2024.
- Average Asset Utilization Ratio over 5 years is 1.23, with a median of 1.24 recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio retreated 9.63% in 2024, then climbed 10.33% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 1.25 in 2022, then dropped by 7.72% to 1.15 in 2023, then rose by 1.69% to 1.17 in 2024, then rose by 8.89% to 1.28 in 2025, then climbed by 4.4% to 1.33 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.33 (Q2 2026), 1.32 (Q1 2026), and 1.28 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Idexx Laboratories | 40.57 Bn | 40.38 Bn | 779.09 Mn | 1.33 |
| 2 | Zoetis | 30.57 Bn | 28.90 Bn | 1.05 Bn | 0.63 |
| 3 | Elanco Animal Health | 11.47 Bn | 10.94 Bn | 798.00 Mn | 0.37 |
| 4 | Phibro Animal Health | 1.43 Bn | 1.35 Bn | 134.40 Mn | 1.03 |
| 5 | Immucell | 87.38 Mn | 78.52 Mn | 2.44 Mn | 0.60 |
| 6 | Zhengye Biotechnology Holding | 64.40 Mn | 57.30 Mn | - | - |
| 7 | Global Innovative Platforms | 24.88 Mn | 24.63 Mn | - | 0.33 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.33 |
| 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 |