Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026)
Idexx Laboratories' (IDXX) Asset Utilization Ratio came in at 1.33 for Q2 2026, up 8.1% from 1.23 a year earlier and up 1.0% from the prior quarter.
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Analysis
Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
For FY2025, Idexx Laboratories' Asset Utilization Ratio stood at 1.30, up 8.9% from FY2024.
- In prior years, Idexx Laboratories' Asset Utilization Ratio was 1.19 in FY2024 (-2.4%), 1.22 in FY2023 (-6.2%), 1.30 in FY2022 (-4.4%) and 1.36 in FY2021 (+3.6%).
- The Q2 2026 figure stands as the highest quarterly Asset Utilization Ratio since Q4 2019.
- On a year-over-year basis, Asset Utilization Ratio has increased in each of the last seven quarters, with growth averaging 6.1% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q2 2025, with growth of 10.3%; the weakest was Q2 2024, with a decline of 9.6%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 1.32 (Q1 2026), 1.28 (Q4 2025) and 1.24 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 0.62 |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 0.49 |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 0.47 |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 0.52 |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 0.46 |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 0.50 |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 0.40 |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | 0.58 |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 0.31 |
| 10 | Idexx Laboratories | 40.86 Bn | 40.07 Bn | 779.09 Mn | 1.33 |
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 |
API Access
Idexx Laboratories Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IDXX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "IDXX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();