Idexx Laboratories IDXX
NASDAQ IDXX
$506.48 -7.14 (-1.39%)
At close: Sep 17, 2026 · 4:00 PM EDT

Idexx Laboratories (IDXX) Tax Rate (2009 - 2026)

Idexx Laboratories (IDXX) posted Tax Rate of 18.89% for Q2 2026, down 12.8% on a QoQ basis from 21.66% in Q1 2026, and up 2.0% year-over-year from 18.52% in Q2 2025.

Analysis

Idexx Laboratories (IDXX) Tax Rate (2009 - 2026) Analysis & Trends

Idexx Laboratories has reported Tax Rate for 18 years, with the latest figure at 18.89% in Q2 2026.

  • On a quarterly basis, Tax Rate rose 2.0% year-over-year to 18.89% in Q2 2026; TTM through Jun 2026 was 19.99%, a 27.0% increase from a year earlier, with the FY2025 full-year figure at 19.99%, down 1.0% from the prior year.
  • Tax Rate was 18.89% for Q2 2026 at Idexx Laboratories, down from 21.66% in the prior quarter.
  • The five-year high for Tax Rate was 22.86% in Q2 2022, with the low at 15.69% in Q4 2024.
  • Average Tax Rate over 5 years is 20.33%, with a median of 20.31% recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate surged 477 bps in 2022, then plunged 314 bps in 2024.
  • Over 5 years, Tax Rate stood at 19.23% in 2022, then decreased by 2 bps to 18.84% in 2023, then slipped by 17 bps to 15.69% in 2024, then grew by 22 bps to 19.15% in 2025, then fell by 1 bps to 18.89% in 2026.
  • The last three Tax Rate figures came in at 18.89% (Q2 2026), 21.66% (Q1 2026), and 19.15% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Idexx Laboratories 40.57 Bn 40.38 Bn 779.09 Mn 18.89%
2 Zoetis 30.57 Bn 28.90 Bn 1.05 Bn -
3 Elanco Animal Health 11.47 Bn 10.94 Bn 798.00 Mn 3.57%
4 Phibro Animal Health 1.43 Bn 1.35 Bn 134.40 Mn 32.87%
5 Immucell 87.38 Mn 78.52 Mn 2.44 Mn 2.44%
6 Zhengye Biotechnology Holding 64.40 Mn 57.30 Mn - -
7 Global Innovative Platforms 24.88 Mn 24.63 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 18.89%
Mar 31, 2026 21.66%
Dec 31, 2025 19.15%
Sep 30, 2025 20.35%
Jun 30, 2025 18.87%
Mar 31, 2025 21.74%
Dec 31, 2024 15.69%
Sep 30, 2024 22.10%
Jun 30, 2024 21.52%
Mar 31, 2024 20.27%
Dec 31, 2023 18.84%
Sep 30, 2023 20.78%
Jun 30, 2023 21.58%
Mar 31, 2023 20.04%
Dec 31, 2022 19.23%
Sep 30, 2022 22.74%
Jun 30, 2022 22.86%
Mar 31, 2022 19.68%
Dec 31, 2021 15.17%
Sep 30, 2021 19.99%