Idexx Laboratories (IDXX) Return on Capital Employed [ROCE] (2010 - 2026)
Idexx Laboratories (IDXX) recorded Return on Capital Employed [ROCE] of 68.60% in Q2 2026, up 7.32 percentage points from 61.28% a year earlier and up 0.62 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).
- The Q2 2026 figure is the highest quarterly Return on Capital Employed [ROCE] in data going back to Q3 2010.
- On a year-over-year basis, Return on Capital Employed [ROCE] has increased for seven consecutive quarters, with an average year-over-year change of +7.69 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 67.98% (Q1 2026), 61.26% (Q4 2025) and 61.99% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 46.74% |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 17.83% |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 17.92% |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 6.28% |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 19.32% |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 9.54% |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 16.66% |
| 8 | Gilead Sciences | 187.60 Bn | 161.71 Bn | 6.22 Bn | -5.97% |
| 9 | Pfizer | 161.13 Bn | 108.08 Bn | 10.94 Bn | 11.86% |
| 10 | Idexx Laboratories | 40.86 Bn | 40.07 Bn | 779.09 Mn | 68.60% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 52.00% |
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();