ELV vs. IDXX: Elevance Health vs. IDEXX Laboratories Stock Comparison
How do Elevance Health (ELV) and IDEXX Laboratories (IDXX) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Elevance Health (ELV) and IDEXX Laboratories (IDXX) both fall under the Health Care Equipment & Services industry group, but ELV is classified in Health Care Providers & Services while IDXX is classified in Health Care Equipment & Supplies.
| Profile Item | ELV | IDXX |
|---|---|---|
| Name | Elevance Health, Inc. | IDEXX Laboratories, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Health Care Equipment & Services | Health Care Equipment & Services |
| GICS Industry | Health Care Providers & Services | Health Care Equipment & Supplies |
| GICS Sub-Industry | Managed Health Care | Health Care Equipment |
| Market Capitalization | 91.96 billion USD | 53.26 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | October 30, 2001 | June 21, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ELV | IDXX |
|---|---|---|
| Total Return (1Y) | 35.51% | -1.84% |
| Total Return (3Y, Annualized) | -0.68% | 18.42% |
| Total Return (5Y, Annualized) | 1.10% | 2.02% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
IDEXX Laboratories (IDXX) has an aggressive beta of 1.44, indicating higher sensitivity to broad-market moves, while Elevance Health (ELV) is defensive at 0.61 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | ELV | IDXX |
|---|---|---|
| Volatility (1Y, Annualized) | 35.05% | 37.02% |
| Beta (5Y) | 0.61 | 1.44 |
| Max Drawdown (5Y) | -50.38% | -50.91% |
| Avg. Volume (3M) | 1.19M | 564.80K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ELV | IDXX |
|---|---|---|
| Sharpe Ratio (1Y) | 0.89 | -0.17 |
| Sortino Ratio (1Y) | 1.25 | -0.28 |
Profitability
ROE (TTM)
IDEXX Laboratories (IDXX) at 68.93% clears its industry range for ROE, a sharper capital-efficiency signal than Elevance Health (ELV) at 11.48%, which is closer to a typical peer reading.
ELV
Health Care Equipment & Services industry group
11.48%
- Max
- 47.61%
- Q3
- 14.36%
- ELV
- 11.48%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
IDXX
Health Care Equipment & Services industry group
68.93%
- IDXX
- 68.93%
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
IDEXX Laboratories (IDXX) at 25.36% retains a top-quartile share of revenue as profit, ahead of Elevance Health (ELV) at 2.55%, which keeps about the industry-typical share.
ELV
Health Care Equipment & Services industry group
2.55%
- Max
- 29.35%
- Q3
- 9.33%
- ELV
- 2.55%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
IDXX
Health Care Equipment & Services industry group
25.36%
- Max
- 29.35%
- IDXX
- 25.36%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
IDEXX Laboratories (IDXX) at 33.14% operates in the top operating margin quartile, ahead of Elevance Health (ELV) at 4.22%, which runs around its industry’s norm.
ELV
Health Care Equipment & Services industry group
4.22%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- ELV
- 4.22%
- Q1
- -0.28%
- Min
- -16.29%
IDXX
Health Care Equipment & Services industry group
33.14%
- Max
- 35.43%
- IDXX
- 33.14%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | ELV | IDXX |
|---|---|---|
| ROE (TTM) | 11.48% | 68.93% |
| ROA (TTM) | 4.01% | 26.70% |
| Net Margin (TTM) | 2.55% | 25.36% |
| Operating Margin (TTM) | 4.22% | 33.14% |
| Gross Margin (TTM) | 26.43% | 62.72% |
Growth
Revenue Growth
Both Elevance Health (ELV) at 12.62% and IDEXX Laboratories (IDXX) at 10.42% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Elevance Health (ELV) at -1.83% and IDEXX Laboratories (IDXX) at 22.59% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | ELV | IDXX |
|---|---|---|
| Revenue Growth (YoY) | 12.62% | 10.42% |
| Revenue Growth (3Y CAGR) | 8.34% | 8.52% |
| EPS Growth (YoY) | -1.83% | 22.59% |
| EPS Growth (3Y CAGR) | 0.53% | 17.66% |
Financial Strength
Current Ratio (MRQ)
Elevance Health (ELV) at 1.47 keeps current ratio within its industry’s typical mid-range, while IDEXX Laboratories (IDXX) at 1.19 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for IDXX.
ELV
Health Care Equipment & Services industry group
1.47
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- ELV
- 1.47
- Q1
- 1.37
- Min
- 0.30
IDXX
Health Care Equipment & Services industry group
1.19
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- IDXX
- 1.19
- Min
- 0.30
Debt / Equity (MRQ)
Both Elevance Health (ELV) at 0.69 and IDEXX Laboratories (IDXX) at 0.52 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
ELV
Health Care Equipment & Services industry group
0.69
- Max
- 1.88
- Q3
- 0.91
- ELV
- 0.69
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
IDXX
Health Care Equipment & Services industry group
0.52
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- IDXX
- 0.52
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | ELV | IDXX |
|---|---|---|
| Current Ratio (MRQ) | 1.47 | 1.19 |
| Debt / Equity (MRQ) | 0.69 | 0.52 |
| Net Debt / EBITDA | -0.81 | 0.46 |
Dividends
Dividend Yield (TTM)
IDEXX Laboratories (IDXX) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Elevance Health (ELV) reports a yield of 1.59%, ranking against industry peers normally.
ELV
Health Care Equipment & Services industry group
1.59%
- ELV
- 1.59%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
IDXX
Health Care Equipment & Services industry group
0.00%
- IDXX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
IDEXX Laboratories (IDXX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Elevance Health (ELV) reports a payout of 29.17%, ranking against industry peers normally.
ELV
Health Care Equipment & Services industry group
29.17%
- ELV
- 29.17%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
IDXX
Health Care Equipment & Services industry group
0.00%
- IDXX
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ELV | IDXX |
|---|---|---|
| Dividend Yield (TTM) | 1.59% | 0.00% |
| Dividend Payout Ratio (TTM) | 29.17% | 0.00% |
Valuation
P/E Ratio (TTM)
Elevance Health (ELV) at 18.07 sits in the cheaper P/E ratio quartile, while IDEXX Laboratories (IDXX) at 45.56 is closer to its industry’s usual earnings multiple — a discount for ELV, though growth and earnings durability still matter.
ELV
Health Care Equipment & Services industry group
18.07
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- ELV
- 18.07
- Min
- 4.21
IDXX
Health Care Equipment & Services industry group
45.56
- Max
- 80.41
- Q3
- 47.62
- IDXX
- 45.56
- Median
- 29.93
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Elevance Health (ELV) at 0.46 sits in the cheaper P/S ratio quartile while IDEXX Laboratories (IDXX) at 11.42 prices above its industry range — a wide gap in sales valuation between them.
ELV
Health Care Equipment & Services industry group
0.46
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- ELV
- 0.46
- Min
- 0.03
IDXX
Health Care Equipment & Services industry group
11.42
- IDXX
- 11.42
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Elevance Health (ELV) at 2.06 sits near its industry’s typical P/B ratio, while IDEXX Laboratories (IDXX) at 28.50 prices above its benchmark range — IDXX looks rich relative to book.
ELV
Health Care Equipment & Services industry group
2.06
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- ELV
- 2.06
- Q1
- 1.73
- Min
- -1.31
IDXX
Health Care Equipment & Services industry group
28.50
- IDXX
- 28.50
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | ELV | IDXX |
|---|---|---|
| P/E Ratio (TTM) | 18.07 | 45.56 |
| P/S Ratio (TTM) | 0.46 | 11.42 |
| P/B Ratio (MRQ) | 2.06 | 28.50 |
| Free Cash Flow Yield (TTM) | 8.69% | 2.00% |