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% quarter-over-quarter from 1.28 in Q4 2025.
Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Idexx Laboratories' Asset Utilization Ratio history runs 17 years deep, the most recent figure standing at 1.32 for 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 for Q1 2026 stood at 1.32, 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.
- The 5-year median for Asset Utilization Ratio is 1.24 (2023), against an average of 1.22.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio declined 9.63% in 2024, then gained 10.33% in 2025.
- Idexx Laboratories' Asset Utilization Ratio stood at 1.25 in 2022, then decreased by 7.72% to 1.15 in 2023, then grew by 1.69% to 1.17 in 2024, then grew by 8.89% to 1.28 in 2025, then grew by 3.33% to 1.32 in 2026.
- Business Quant data shows IDXX's Asset Utilization Ratio at 1.32 in Q1 2026, 1.28 in Q4 2025, and 1.24 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 209.29 Bn | 205.35 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 137.39 Bn | 133.06 Bn | 3.61 Bn | 0.29 |
| 3 | Idexx Laboratories | 46.84 Bn | 46.64 Bn | 779.09 Mn | 1.33 |
| 4 | Agilent Technologies | 39.29 Bn | 37.48 Bn | 990.00 Mn | 0.56 |
| 5 | Natera | 39.28 Bn | 38.18 Bn | 696.04 Mn | 1.00 |
| 6 | Iqvia Holdings | 37.90 Bn | 35.95 Bn | 1.44 Bn | 0.57 |
| 7 | Illumina | 30.65 Bn | 29.49 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.92 Bn | 28.87 Bn | 650.22 Mn | 1.13 |
| 9 | Quest Diagnostics | 25.96 Bn | 25.64 Bn | 1.03 Bn | 0.69 |
| 10 | Labcorp Holdings | 25.71 Bn | 24.73 Bn | 1.01 Bn | 0.75 |
Historic Data
Download 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 |