Idexx Laboratories (IDXX) Return on Capital Employed [ROCE] (2010 - 2026)
Idexx Laboratories (IDXX) recorded Return on Capital Employed [ROCE] of 65.19% in Q3 2026, up 3.19 percentage points from 61.99% a year earlier but down 3.41 percentage points from the prior quarter.
Idexx Laboratories (IDXX) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Idexx Laboratories reported Return on Capital Employed [ROCE] of 62.58%, up 11.49 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +15.68 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 51.08% in FY2024 (-2.39 pp), 53.47% in FY2023 (-12.80 pp), 66.27% in FY2022 (+8.10 pp) and 58.17% in FY2021 (+11.26 pp).
- Quarterly Return on Capital Employed [ROCE] has ranged from 46.85% in Q3 2024 to 68.60% in Q2 2026 over the past five years.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for eight consecutive quarters, with an average year-over-year change of +8.94 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 15.14 percentage points in Q3 2025, against a drop of 12.28 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 68.60% (Q2 2026), 67.98% (Q1 2026) and 61.26% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 43.74% |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 17.52% |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 21.60% |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 5.33% |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 9.91% |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 17.37% |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | -6.15% |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 11.32% |
| 10 | Idexx Laboratories | 53.33 Bn | 52.56 Bn | 764.30 Mn | 65.19% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 65.19% |
| Jun 30, 2026 | 68.60% |
| Mar 31, 2026 | 67.98% |
| Dec 31, 2025 | 61.26% |
| Sep 30, 2025 | 61.99% |
| Jun 30, 2025 | 61.28% |
| Mar 31, 2025 | 54.12% |
| Dec 31, 2024 | 50.06% |
| Sep 30, 2024 | 46.85% |
| Jun 30, 2024 | 47.78% |
| Mar 31, 2024 | 47.48% |
| Dec 31, 2023 | 49.38% |
| Sep 30, 2023 | 53.69% |
| Jun 30, 2023 | 53.58% |
| Mar 31, 2023 | 54.37% |
| Dec 31, 2022 | 61.66% |
| Sep 30, 2022 | 60.78% |
| Jun 30, 2022 | 59.48% |
| Mar 31, 2022 | 60.43% |
| Dec 31, 2021 | 56.56% |
Idexx Laboratories Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=IDXX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();