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IDXX vs. INCY: A Head-to-Head Stock Comparison

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Here’s a clear look at IDXX and INCY, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

SymbolIDXXINCY
Company NameIDEXX Laboratories, Inc.Incyte Corporation
CountryUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS IndustryHealth Care Equipment & SuppliesBiotechnology
Market Capitalization51.27 billion USD16.57 billion USD
ExchangeNasdaqGSNasdaqGS
Listing DateJune 21, 1991November 4, 1993
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of IDXX and INCY by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

IDXX vs. INCY: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolIDXXINCY
5-Day Price Return1.23%-1.95%
13-Week Price Return24.08%29.82%
26-Week Price Return41.54%17.65%
52-Week Price Return32.39%30.20%
Month-to-Date Return19.94%13.29%
Year-to-Date Return55.01%22.83%
10-Day Avg. Volume0.43M1.69M
3-Month Avg. Volume0.64M1.86M
3-Month Volatility60.22%36.21%
Beta1.600.74

Profitability

Return on Equity (TTM)

IDXX

64.42%

Health Care Equipment & Supplies Industry

Max
34.53%
Q3
19.38%
Median
9.52%
Q1
4.86%
Min
-7.58%

IDXX’s Return on Equity of 64.42% is exceptionally high, placing it well beyond the typical range for the Health Care Equipment & Supplies industry. This demonstrates a superior ability to generate profit from shareholder investments, though it could also be inflated by high financial leverage.

INCY

24.09%

Biotechnology Industry

Max
77.14%
Q3
10.76%
Median
-20.08%
Q1
-42.71%
Min
-119.20%

In the upper quartile for the Biotechnology industry, INCY’s Return on Equity of 24.09% signals a highly effective use of shareholder capital to drive profitability compared to most of its peers.

IDXX vs. INCY: A comparison of their Return on Equity (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Net Profit Margin (TTM)

IDXX

24.41%

Health Care Equipment & Supplies Industry

Max
23.34%
Q3
13.06%
Median
9.53%
Q1
5.96%
Min
-3.87%

IDXX’s Net Profit Margin of 24.41% is exceptionally high, placing it well beyond the typical range for the Health Care Equipment & Supplies industry. This demonstrates outstanding operational efficiency and a strong competitive advantage in converting revenue into profit.

INCY

18.99%

Biotechnology Industry

Max
59.44%
Q3
16.21%
Median
-11.49%
Q1
-167.42%
Min
-409.07%

A Net Profit Margin of 18.99% places INCY in the upper quartile for the Biotechnology industry, signifying strong profitability and more effective cost management than most of its peers.

IDXX vs. INCY: A comparison of their Net Profit Margin (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Operating Profit Margin (TTM)

IDXX

31.09%

Health Care Equipment & Supplies Industry

Max
29.44%
Q3
17.80%
Median
13.95%
Q1
8.73%
Min
-3.56%

IDXX’s Operating Profit Margin of 31.09% is exceptionally high, placing it well above the typical range for the Health Care Equipment & Supplies industry. This demonstrates outstanding efficiency in managing its core operations, which can be a result of strong pricing power or superior cost control.

INCY

25.80%

Biotechnology Industry

Max
60.62%
Q3
20.76%
Median
-12.41%
Q1
-181.14%
Min
-482.02%

An Operating Profit Margin of 25.80% places INCY in the upper quartile for the Biotechnology industry. This signals a strong ability to translate revenue into operating profit, outperforming most of its competitors in core business efficiency.

IDXX vs. INCY: A comparison of their Operating Profit Margin (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Profitability at a Glance

SymbolIDXXINCY
Return on Equity (TTM)64.42%24.09%
Return on Assets (TTM)29.89%15.81%
Net Profit Margin (TTM)24.41%18.99%
Operating Profit Margin (TTM)31.09%25.80%
Gross Profit Margin (TTM)61.54%93.41%

Financial Strength

Current Ratio (MRQ)

IDXX

1.11

Health Care Equipment & Supplies Industry

Max
4.90
Q3
3.05
Median
2.14
Q1
1.49
Min
0.86

IDXX’s Current Ratio of 1.11 falls into the lower quartile for the Health Care Equipment & Supplies industry. This indicates a tighter liquidity situation and a more constrained capacity to handle short-term debt than many of its competitors.

INCY

2.85

Biotechnology Industry

Max
19.31
Q3
9.38
Median
4.54
Q1
2.45
Min
0.76

INCY’s Current Ratio of 2.85 aligns with the median group of the Biotechnology industry, indicating that its short-term liquidity is in line with its sector peers.

IDXX vs. INCY: A comparison of their Current Ratio (MRQ) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Debt-to-Equity Ratio (MRQ)

IDXX

0.76

Health Care Equipment & Supplies Industry

Max
1.49
Q3
0.71
Median
0.45
Q1
0.14
Min
0.00

IDXX’s leverage is in the upper quartile of the Health Care Equipment & Supplies industry, with a Debt-to-Equity Ratio of 0.76. While this approach can boost equity growth, it also exposes the company to greater financial vulnerability.

INCY

0.01

Biotechnology Industry

Max
1.35
Q3
0.64
Median
0.09
Q1
0.00
Min
0.00

INCY’s Debt-to-Equity Ratio of 0.01 is typical for the Biotechnology industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

IDXX vs. INCY: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Interest Coverage Ratio (TTM)

IDXX

49.24

Health Care Equipment & Supplies Industry

Max
58.29
Q3
25.56
Median
9.06
Q1
3.60
Min
-28.92

IDXX’s Interest Coverage Ratio of 49.24 is in the upper quartile for the Health Care Equipment & Supplies industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

INCY

6.86

Biotechnology Industry

Max
72.37
Q3
1.91
Median
-7.81
Q1
-63.90
Min
-153.80

INCY’s Interest Coverage Ratio of 6.86 is in the upper quartile for the Biotechnology industry, signifying a strong and healthy capacity to meet its interest payments from operating profits.

IDXX vs. INCY: A comparison of their Interest Coverage Ratio (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Financial Strength at a Glance

SymbolIDXXINCY
Current Ratio (MRQ)1.112.85
Quick Ratio (MRQ)0.752.55
Debt-to-Equity Ratio (MRQ)0.760.01
Interest Coverage Ratio (TTM)49.246.86

Growth

Revenue Growth

IDXX vs. INCY: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

IDXX vs. INCY: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

IDXX

0.00%

Health Care Equipment & Supplies Industry

Max
4.05%
Q3
1.76%
Median
0.71%
Q1
0.00%
Min
0.00%

IDXX currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

INCY

0.00%

Biotechnology Industry

Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

INCY currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.

IDXX vs. INCY: A comparison of their Dividend Yield (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Dividend Payout Ratio (TTM)

IDXX

0.00%

Health Care Equipment & Supplies Industry

Max
160.00%
Q3
72.47%
Median
27.49%
Q1
0.00%
Min
0.00%

IDXX has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

INCY

0.00%

Biotechnology Industry

Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%

INCY has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.

IDXX vs. INCY: A comparison of their Dividend Payout Ratio (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Dividend at a Glance

SymbolIDXXINCY
Dividend Yield (TTM)0.00%0.00%
Dividend Payout Ratio (TTM)0.00%0.00%

Valuation

Price-to-Earnings Ratio (TTM)

IDXX

51.66

Health Care Equipment & Supplies Industry

Max
73.48
Q3
51.69
Median
34.31
Q1
25.74
Min
11.47

IDXX’s P/E Ratio of 51.66 is within the middle range for the Health Care Equipment & Supplies industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

INCY

19.33

Biotechnology Industry

Max
60.14
Q3
38.17
Median
29.01
Q1
15.12
Min
0.00

INCY’s P/E Ratio of 19.33 is within the middle range for the Biotechnology industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

IDXX vs. INCY: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Price-to-Sales Ratio (TTM)

IDXX

12.61

Health Care Equipment & Supplies Industry

Max
9.53
Q3
5.26
Median
3.39
Q1
2.13
Min
0.00

With a P/S Ratio of 12.61, IDXX trades at a valuation that eclipses even the highest in the Health Care Equipment & Supplies industry. This implies the market has priced in exceptionally optimistic scenarios for future revenue growth, posing considerable valuation risk.

INCY

3.67

Biotechnology Industry

Max
76.98
Q3
36.53
Median
9.49
Q1
4.49
Min
0.00

In the lower quartile for the Biotechnology industry, INCY’s P/S Ratio of 3.67 indicates its revenue is valued more conservatively than most of its peers. This could present a compelling opportunity if the market has overlooked its sales-generating capabilities.

IDXX vs. INCY: A comparison of their Price-to-Sales Ratio (TTM) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Price-to-Book Ratio (MRQ)

IDXX

29.57

Health Care Equipment & Supplies Industry

Max
10.85
Q3
5.98
Median
3.48
Q1
2.43
Min
0.69

At 29.57, IDXX’s P/B Ratio is at an extreme premium to the Health Care Equipment & Supplies industry. This signifies that the market’s valuation is heavily reliant on future potential rather than its current net asset value, which can be a high-risk proposition.

INCY

3.16

Biotechnology Industry

Max
20.53
Q3
9.76
Median
4.77
Q1
2.49
Min
0.59

INCY’s P/B Ratio of 3.16 is within the conventional range for the Biotechnology industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

IDXX vs. INCY: A comparison of their Price-to-Book Ratio (MRQ) against their respective Health Care Equipment & Supplies and Biotechnology industry benchmarks.

Valuation at a Glance

SymbolIDXXINCY
Price-to-Earnings Ratio (TTM)51.6619.33
Price-to-Sales Ratio (TTM)12.613.67
Price-to-Book Ratio (MRQ)29.573.16
Price-to-Free Cash Flow Ratio (TTM)65.7617.57