Idexx Laboratories (IDXX) Interest Coverage Ratio (2009 - 2026)
Idexx Laboratories' Interest Coverage Ratio was 53.94 in Q3 2026, up 62.0% from 33.30 a year earlier and up 29.1% from the prior quarter.
Idexx Laboratories (IDXX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Idexx Laboratories' Interest Coverage Ratio was 43.54 through Sep 30, 2026, up 23.8% year-over-year; for FY2025, it came in at 35.01, down 3.2% from FY2024.
- In earlier years, Interest Coverage Ratio was 36.16 in FY2024 (+37.0%), 26.39 in FY2023 (+17.0%), 22.55 in FY2022 (-27.9%) and 31.27 in FY2021 (+49.1%).
- The Q3 2026 figure marks the highest quarterly Interest Coverage Ratio since Q2 2013.
- Compared with a year earlier, Interest Coverage Ratio has increased for three straight quarters, with growth averaging 15.9% over the last eight quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q1 2024 (growth of 76.9%); the worst was Q1 2023 (a decline of 39.8%).
- Per Business Quant data, IDXX's Interest Coverage Ratio in the three quarters before Q3 2026 was 41.80 (Q2 2026), 46.84 (Q1 2026) and 34.27 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | - |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 28.50 |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | - |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | - |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 9.20 |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 5.68 |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | 12.87 |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | - |
| 10 | Idexx Laboratories | 53.33 Bn | 52.56 Bn | 764.30 Mn | 53.94 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 53.94 |
| Jun 30, 2026 | 41.80 |
| Mar 31, 2026 | 46.84 |
| Dec 31, 2025 | 34.27 |
| Sep 30, 2025 | 33.30 |
| Jun 30, 2025 | 32.95 |
| Mar 31, 2025 | 41.29 |
| Dec 31, 2024 | 34.90 |
| Sep 30, 2024 | 39.48 |
| Jun 30, 2024 | 32.57 |
| Mar 31, 2024 | 37.79 |
| Dec 31, 2023 | 26.48 |
| Sep 30, 2023 | 31.84 |
| Jun 30, 2023 | 28.09 |
| Mar 31, 2023 | 21.36 |
| Dec 31, 2022 | 16.72 |
| Sep 30, 2022 | 22.26 |
| Jun 30, 2022 | 21.53 |
| Mar 31, 2022 | 35.50 |
| Dec 31, 2021 | 26.64 |
Idexx Laboratories Interest Coverage 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=interest-coverage-ratio&ticker=IDXX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-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=interest-coverage-ratio&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();