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Operating Margin for IDEXX Laboratories (IDXX)

As of · Reported

Metric

TTM

31.6%

YoY change

+2.65pp

Trough year (1997)

-1.7%

Peak year (2025)

31.6%

Operating Margin history chart for IDEXX Laboratories (IDXX) from 1991 to 2025

Latest: 31.6%

Operating Margin change chart for IDEXX Laboratories (IDXX) from 1991 to 2025

Latest: +2.65pp

Operating Margin history table for IDEXX Laboratories (IDXX) from 1991 to 2025

  • 202531.6%+2.65pp
  • 202429.0%-1.02pp
  • 202330.0%+3.28pp
  • 202226.7%-2.30pp
  • 202129.0%+3.33pp
  • 202025.7%+2.69pp
  • 201923.0%+0.77pp
  • 201822.2%+1.22pp
  • 201721.0%+1.25pp
  • 201619.7%+1.00pp
  • 201518.7%+1.21pp
  • 201417.5%-1.86pp
  • 201319.4%-0.93pp
  • 201220.3%+0.92pp
  • 201119.4%+0.91pp
  • 201018.5%+1.42pp
  • 200917.1%+0.22pp
  • 200816.8%+2.08pp
  • 200714.8%-2.55pp
  • 200617.3%-0.77pp
  • 200518.1%-1.60pp
  • 200419.7%+2.78pp
  • 200316.9%+0.94pp
  • 200215.9%+1.30pp
  • 200114.6%+0.15pp
  • 200014.5%+1.35pp
  • 199913.1%+4.04pp
  • 19989.1%+10.77pp
  • 1997-1.7%-19.23pp
  • 199617.6%+0.11pp
  • 199517.4%-0.59pp
  • 199418.0%+3.11pp
  • 199314.9%+6.09pp
  • 19928.8%+0.31pp
  • 19918.5%—

Operating Margin values are taken from IDEXX Laboratories's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About Operating Margin at IDEXX Laboratories (IDXX)

According to IDEXX Laboratories's latest reported financial statements, the company's latest reported operating margin is 31.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

The 2025 reading of IDEXX Laboratories (IDXX) operating margin is 31.60% – expanded 2.7 percentage points year-over-year.

The record annual operating margin stands at 31.60%, reached in 2025; the historical low of -1.67% was recorded in 1997.

IDEXX Laboratories Operating Margin by Year

IDEXX Laboratories Operating Margin 2025: 31.6%

IDEXX Laboratories posted operating margin of 31.60% in 2025, expanded 2.7 percentage points from 2024. This figure represents the highest annual value in the available history.

IDEXX Laboratories Operating Margin 2024: 29.0%

In 2024, IDEXX Laboratories reported operating margin of 28.95%, contracted 1.0 percentage points from 2023.

IDEXX Laboratories Operating Margin 2023: 30.0%

IDEXX Laboratories operating margin in 2023 was 29.97%, expanded 3.3 percentage points from 2022.

IDEXX Laboratories Operating Margin 2022: 26.7%

2022's operating margin for IDEXX Laboratories came in at 26.69%, contracted 2.3 percentage points from 2021.

IDEXX Laboratories Operating Margin 2021: 29.0%

IDEXX Laboratories operating margin in 2021 was 28.99%.

See more financial history for IDEXX Laboratories (IDXX).

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