Question 1

What is IDEXX Laboratories's P/S ratio?

Accepted Answer

IDEXX Laboratories (IDXX) P/S ratio is 10.2× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month revenue, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/S ratio calculated?

Accepted Answer

P/S = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Revenue, or equivalently Share Price ÷ TTM Revenue Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/S ratio?

Accepted Answer

The price-to-sales (P/S) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) revenue. It is calculated as market cap ÷ TTM revenue (equivalent to share price ÷ TTM revenue per share). Because the denominator (revenue) cannot be negative, P/S is widely used to value unprofitable or pre-profit companies and to make cross-sector comparisons.

Question 4

What is a good P/S ratio for IDEXX Laboratories?

Accepted Answer

A "good" P/S depends heavily on profit margin and growth: software and other high-margin businesses often command 5–15× sales, while low-margin retailers and commodity producers typically trade below 1×. Compare against sector peers rather than absolute thresholds. For IDEXX Laboratories specifically, the relevant sector benchmark is the current sector median of 3.5×.

Question 5

Is IDEXX Laboratories's P/S ratio high or low?

Accepted Answer

IDEXX Laboratories's P/S ratio of 10.2× is below its own 5-year average of 11.8× and above the sector median of 3.5×. That places the current reading at the 23th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is IDEXX Laboratories's historical P/S ratio range?

Accepted Answer

In the available daily series, IDEXX Laboratories (IDXX) P/S ratio has ranged from a low of 2.0× in 2009 to a high of 21.4× in 2021. The 5-year average is 11.8× and the 5-year median is 11.3×.

Question 7

What was IDEXX Laboratories's P/S ratio in 2025?

Accepted Answer

IDEXX Laboratories (IDXX) P/S ratio at the end of 2025 was 12.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month revenue figure available at that date.

Question 8

Why does IDEXX Laboratories's P/S ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (revenue). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$54.19B	$4.30B	12.6×	+3.9×	Dec 31, 2025
2024	$33.84B	$3.90B	8.7×	-3.9×	Dec 31, 2024
2023	$46.12B	$3.66B	12.6×	+2.5×	Dec 31, 2023
2022	$33.83B	$3.37B	10.0×	-7.3×	Dec 31, 2022
2021	$55.86B	$3.22B	17.4×	+1.6×	Dec 31, 2021
2020	$42.73B	$2.71B	15.8×	+6.5×	Dec 31, 2020
2019	$22.42B	$2.41B	9.3×	+2.1×	Dec 31, 2019
2018	$16.07B	$2.21B	7.3×	+0.3×	Dec 31, 2018
2017	$13.67B	$1.97B	6.9×	+1.0×	Dec 31, 2017
2016	$10.47B	$1.78B	5.9×	+1.8×	Dec 31, 2016
2015	$6.62B	$1.60B	4.1×	-0.6×	Dec 31, 2015
2014	$7.08B	$1.49B	4.8×	+0.8×	Dec 31, 2014
2013	$5.53B	$1.38B	4.0×	+0.1×	Dec 31, 2013
2012	$5.08B	$1.29B	3.9×	+0.4×	Dec 31, 2012
2011	$4.25B	$1.22B	3.5×	-0.1×	Dec 31, 2011
2010	$3.98B	$1.10B	3.6×	+0.6×	Dec 31, 2010
2009	$3.10B	$1.03B	3.0×	+0.9×	Dec 31, 2009
2008	$2.13B	$1.02B	2.1×	-1.8×	Dec 31, 2008
2007	$3.57B	$922.55M	3.9×	+0.5×	Dec 31, 2007
2006	$2.47B	$739.12M	3.3×	-0.2×	Dec 31, 2006
2005	$2.29B	$638.10M	3.6×	+0.3×	Dec 31, 2005
2004	$1.80B	$549.18M	3.3×	-0.1×	Dec 31, 2004
2003	$1.61B	$475.99M	3.4×	+0.7×	Dec 31, 2003
2002	$1.10B	$412.67M	2.7×	+0.2×	Dec 31, 2002
2001	$966.00M	$386.08M	2.5×	—	Dec 31, 2001


Zimmer Biomet Holdings (ZBH)	2.1×
AptarGroup (ATR)	2.1×
Becton, Dickinson and (BDX)	2.1×
Charles River (CRL)	1.9×
Quest Diagnostics (DGX)	1.9×
IQVIA (IQV)	1.7×
GE HealthCare (GEHC)	1.6×
Labcorp Holdings (LH)	1.6×
HCA Healthcare (HCA)	1.4×
Solventum (SOLV)	1.4×
Viatris (VTRS)	1.1×
Baxter International (BAX)	0.8×
DaVita (DVA)	0.7×
Henry Schein (HSIC)	0.6×
Universal Health Services (UHS)	0.6×
UnitedHealth Group (UNH)	0.5×
Elevance Health (ELV)	0.3×
McKesson (MCK)	0.3×
Cigna (CI)	0.3×
CVS Health (CVS)	0.2×
Cardinal Health (CAH)	0.2×
Cencora (COR)	0.2×
Humana (HUM)	0.2×
Molina Healthcare (MOH)	0.2×
Centene (CNC)	0.1×

P/S Ratio for IDEXX Laboratories (IDXX)

P/S Ratio daily chart for IDEXX Laboratories (IDXX)

Historical P/S Ratio for IDEXX Laboratories (IDXX) from 2001 to 2025

About P/S Ratio at IDEXX Laboratories (IDXX)

IDEXX Laboratories P/S Ratio by Year

IDEXX Laboratories P/S Ratio 2025: 12.6×

IDEXX Laboratories P/S Ratio 2024: 8.7×

IDEXX Laboratories P/S Ratio 2023: 12.6×

IDEXX Laboratories P/S Ratio 2022: 10.0×

IDEXX Laboratories P/S Ratio 2021: 17.4×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

IDEXX Laboratories (IDXX) Key Financials

P/S Ratio daily chart for IDEXX Laboratories (IDXX)

Historical P/S Ratio for IDEXX Laboratories (IDXX) from 2001 to 2025

About P/S Ratio at IDEXX Laboratories (IDXX)

IDEXX Laboratories P/S Ratio by Year

IDEXX Laboratories P/S Ratio 2025: 12.6×

IDEXX Laboratories P/S Ratio 2024: 8.7×

IDEXX Laboratories P/S Ratio 2023: 12.6×

IDEXX Laboratories P/S Ratio 2022: 10.0×

IDEXX Laboratories P/S Ratio 2021: 17.4×

Sector peers by P/S Ratio — chart

Sector peers by P/S Ratio — table

Frequently asked questions

+What is IDEXX Laboratories's P/S ratio?

+How is the P/S ratio calculated?

+What is the P/S ratio?

+What is a good P/S ratio for IDEXX Laboratories?

+Is IDEXX Laboratories's P/S ratio high or low?

+What is IDEXX Laboratories's historical P/S ratio range?

+What was IDEXX Laboratories's P/S ratio in 2025?

+Why does IDEXX Laboratories's P/S ratio change over time?

IDEXX Laboratories (IDXX) Key Financials