Idexx Laboratories (IDXX) Return on Invested Capital [ROIC] (2010 - 2026)
Idexx Laboratories (IDXX) recorded Return on Invested Capital [ROIC] of 48.45% in Q2 2026, up 5.62 percentage points from 42.83% a year earlier and up 1.25 percentage points from the prior quarter.
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Analysis
Idexx Laboratories (IDXX) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Idexx Laboratories reported Return on Invested Capital [ROIC] of 46.57%, up 7.76 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +1.44 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 38.80% in FY2024 (-5.88 pp), 44.68% in FY2023 (-1.20 pp), 45.89% in FY2022 (-4.03 pp) and 49.92% in FY2021 (+4.79 pp).
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] since Q4 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for six consecutive quarters, with an average year-over-year change of +4.03 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 8.22 percentage points in Q3 2021, against a drop of 10.42 percentage points in Q3 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 47.20% (Q1 2026), 45.63% (Q4 2025) and 43.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,109.58 Bn | 1,078.16 Bn | 19.71 Bn | 37.16% |
| 2 | Johnson & Johnson | 630.16 Bn | 548.69 Bn | 17.26 Bn | 16.10% |
| 3 | AbbVie | 488.57 Bn | 461.73 Bn | 12.70 Bn | 18.68% |
| 4 | Merck | 359.15 Bn | 313.58 Bn | 12.21 Bn | 3.56% |
| 5 | Novartis Ag | 274.32 Bn | 238.71 Bn | 11.24 Bn | 34.87% |
| 6 | Astrazeneca | 246.73 Bn | 220.50 Bn | 12.86 Bn | 33.12% |
| 7 | Amgen | 224.28 Bn | 179.68 Bn | 7.24 Bn | 14.33% |
| 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 | 13.44% |
| 10 | Idexx Laboratories | 40.86 Bn | 40.07 Bn | 779.09 Mn | 48.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.45% |
| Mar 31, 2026 | 47.20% |
| Dec 31, 2025 | 45.63% |
| Sep 30, 2025 | 43.19% |
| Jun 30, 2025 | 42.83% |
| Mar 31, 2025 | 40.42% |
| Dec 31, 2024 | 38.51% |
| Sep 30, 2024 | 37.12% |
| Jun 30, 2024 | 35.98% |
| Mar 31, 2024 | 37.02% |
| Dec 31, 2023 | 38.63% |
| Sep 30, 2023 | 40.63% |
| Jun 30, 2023 | 41.18% |
| Mar 31, 2023 | 41.70% |
| Dec 31, 2022 | 41.47% |
| Sep 30, 2022 | 37.55% |
| Jun 30, 2022 | 37.67% |
| Mar 31, 2022 | 45.20% |
| Dec 31, 2021 | 48.85% |
| Sep 30, 2021 | 47.97% |
API Access
Idexx Laboratories Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=IDXX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=IDXX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();