Idexx Laboratories (IDXX) Asset Utilization Ratio (2010 - 2026)
Idexx Laboratories (IDXX) recorded quarterly Asset Utilization Ratio of 1.32 in Q1 2026, up 3.33% quarter-over-quarter from 1.28 in Q4 2025, and up 9.23% on a YoY basis from 1.21 in Q1 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 was 1.32 for Q1 2026 at Idexx Laboratories, up from 1.28 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.32 in Q1 2026 to a low of 1.12 in Q2 2024.
- Historically, Asset Utilization Ratio has averaged 1.22 across 5 years, with a median of 1.24 in 2023.
- The sharpest annual moves came in 2024 and 2025: Asset Utilization Ratio fell 9.63% in 2024, then advanced 10.33% in 2025.
- A 5-year view of Asset Utilization Ratio shows it stood at 1.25 in 2022, then slipped by 7.72% to 1.15 in 2023, then increased by 1.69% to 1.17 in 2024, then increased by 8.89% to 1.28 in 2025, then increased by 3.33% to 1.32 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.32 (Q1 2026), 1.28 (Q4 2025), and 1.24 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 1.32 |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 0.56 |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 0.56 |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 1.00 |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 1.11 |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 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 |