Idexx Laboratories (IDXX) Return on Invested Capital [ROIC] (2010 - 2026)
Idexx Laboratories (IDXX) recorded Return on Invested Capital [ROIC] of 45.43% in Q3 2026, up 4.14 percentage points from 41.29% a year earlier but down 0.18 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 44.27%, up 7.39 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of -0.86 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 36.88% in FY2024 (-6.96 pp), 43.84% in FY2023 (-0.98 pp), 44.82% in FY2022 (-3.93 pp) and 48.75% in FY2021 (+3.63 pp).
- Quarterly Return on Invested Capital [ROIC] has ranged from 34.23% in Q2 2024 to 47.74% in Q4 2021 over the past five years.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for seven consecutive quarters, with an average year-over-year change of +4.71 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 7.47 percentage points in Q1 2026, 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 45.61% (Q2 2026), 45.08% (Q1 2026) and 43.58% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Eli Lilly | 1,224.11 Bn | 1,197.72 Bn | 20.46 Bn | 38.16% |
| 2 | Johnson & Johnson | 665.34 Bn | 585.20 Bn | 17.30 Bn | 17.57% |
| 3 | AbbVie | 515.72 Bn | 483.73 Bn | 13.12 Bn | 24.28% |
| 4 | Merck | 362.64 Bn | 325.58 Bn | 13.19 Bn | 2.88% |
| 5 | Novartis Ag | 315.51 Bn | 288.75 Bn | - | - |
| 6 | Astrazeneca | 289.26 Bn | 263.15 Bn | 13.26 Bn | 24.11% |
| 7 | Amgen | 249.20 Bn | 200.85 Bn | 7.58 Bn | 15.60% |
| 8 | Gilead Sciences | 207.48 Bn | 182.59 Bn | 6.73 Bn | -6.11% |
| 9 | Pfizer | 167.49 Bn | 114.85 Bn | 12.56 Bn | 12.34% |
| 10 | Idexx Laboratories | 53.33 Bn | 52.56 Bn | 764.30 Mn | 45.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.43% |
| Jun 30, 2026 | 45.61% |
| Mar 31, 2026 | 45.08% |
| Dec 31, 2025 | 43.58% |
| Sep 30, 2025 | 41.29% |
| Jun 30, 2025 | 40.71% |
| Mar 31, 2025 | 37.60% |
| Dec 31, 2024 | 36.44% |
| Sep 30, 2024 | 35.13% |
| Jun 30, 2024 | 34.23% |
| Mar 31, 2024 | 35.89% |
| Dec 31, 2023 | 36.80% |
| Sep 30, 2023 | 38.57% |
| Jun 30, 2023 | 39.70% |
| Mar 31, 2023 | 40.83% |
| Dec 31, 2022 | 41.47% |
| Sep 30, 2022 | 37.55% |
| Jun 30, 2022 | 37.67% |
| Mar 31, 2022 | 44.23% |
| Dec 31, 2021 | 47.74% |
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();