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
DateValue
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