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IDXX vs. LH: IDEXX Laboratories vs. Labcorp Stock Comparison

How do IDEXX Laboratories (IDXX) and Labcorp (LH) 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

IDEXX Laboratories (IDXX) and Labcorp (LH) both fall under the Health Care Equipment & Services industry group, but IDXX is classified in Health Care Equipment & Supplies while LH is classified in Health Care Providers & Services.

Company profile comparison for IDEXX Laboratories (IDXX) and Labcorp (LH)
Profile ItemIDXXLH
NameIDEXX Laboratories, Inc.Labcorp Holdings Inc.
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Providers & Services
GICS Sub-IndustryHealth Care EquipmentHealth Care Services
Market Capitalization53.26 billion USD29.77 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 21, 1991March 29, 1990
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

IDXX
LH
GSPC
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IDEXX Laboratories (IDXX) vs. Labcorp (LH), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for IDEXX Laboratories (IDXX) and Labcorp (LH). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for IDEXX Laboratories (IDXX) and Labcorp (LH). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
Total Return (1Y)-1.84%48.62%
Total Return (3Y, Annualized)18.42%23.39%
Total Return (5Y, Annualized)2.02%10.54%

Risk Profile

Drawdown History

IDXX
LH
GSPC
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IDEXX Laboratories (IDXX) vs. Labcorp (LH), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for IDEXX Laboratories (IDXX) and Labcorp (LH). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
Volatility (1Y, Annualized)37.02%24.36%
Beta (5Y)1.440.85
Max Drawdown (5Y)-50.91%-34.61%
Avg. Volume (3M)564.80K721.05K

Risk-Adjusted Performance

Risk-Return Positioning

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IDXX and LH are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
Sharpe Ratio (1Y)-0.171.82
Sortino Ratio (1Y)-0.282.99

Profitability

ROE (TTM)

IDEXX Laboratories (IDXX) at 68.93% clears its industry range for ROE, a sharper capital-efficiency signal than Labcorp (LH) at 11.44%, which is closer to a typical peer reading.

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%

LH

Health Care Equipment & Services industry group

11.44%

Max
47.61%
Q3
14.36%
LH
11.44%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

IDEXX Laboratories (IDXX) at 25.36% retains a top-quartile share of revenue as profit, ahead of Labcorp (LH) at 6.88%, which keeps about the industry-typical share.

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%

LH

Health Care Equipment & Services industry group

6.88%

Max
29.35%
Q3
9.33%
LH
6.88%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

IDEXX Laboratories (IDXX) at 33.14% operates in the top operating margin quartile, ahead of Labcorp (LH) at 10.91%, which runs around its industry’s norm.

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%

LH

Health Care Equipment & Services industry group

10.91%

Max
35.43%
Q3
14.14%
LH
10.91%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
ROE (TTM)68.93%11.44%
ROA (TTM)26.70%5.48%
Net Margin (TTM)25.36%6.88%
Operating Margin (TTM)33.14%10.91%
Gross Margin (TTM)62.72%28.96%

Growth

Revenue Growth

Both IDEXX Laboratories (IDXX) at 10.42% and Labcorp (LH) at 7.25% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both IDEXX Laboratories (IDXX) at 22.59% and Labcorp (LH) at 18.33% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
Revenue Growth (YoY)10.42%7.25%
Revenue Growth (3Y CAGR)8.52%5.55%
EPS Growth (YoY)22.59%18.33%
EPS Growth (3Y CAGR)17.66%-9.19%

Financial Strength

Current Ratio (MRQ)

Labcorp (LH) at 1.41 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.

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

LH

Health Care Equipment & Services industry group

1.41

Max
7.59
Q3
4.00
Median
1.98
LH
1.41
Q1
1.37
Min
0.30
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their current ratio against the Health Care Equipment & Services industry group benchmark.

Debt / Equity (MRQ)

Both IDEXX Laboratories (IDXX) at 0.52 and Labcorp (LH) at 0.77 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

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

LH

Health Care Equipment & Services industry group

0.77

Max
1.88
Q3
0.91
LH
0.77
Median
0.58
Q1
0.16
Min
0.00
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their debt-to-equity ratio against the Health Care Equipment & Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
Current Ratio (MRQ)1.191.41
Debt / Equity (MRQ)0.520.77
Net Debt / EBITDA0.462.81

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 Labcorp (LH) reports a yield of 0.79%, ranking against industry peers normally.

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%

LH

Health Care Equipment & Services industry group

0.79%

LH
0.79%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their dividend yield against the Health Care Equipment & Services industry group benchmark.

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 Labcorp (LH) reports a payout of 23.61%, ranking against industry peers normally.

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%

LH

Health Care Equipment & Services industry group

23.61%

LH
23.61%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
Dividend Yield (TTM)0.00%0.79%
Dividend Payout Ratio (TTM)0.00%23.61%

Valuation

P/E Ratio (TTM)

Both IDEXX Laboratories (IDXX) at 45.56 and Labcorp (LH) at 30.05 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

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

LH

Health Care Equipment & Services industry group

30.05

Max
80.41
Q3
47.62
LH
30.05
Median
29.93
Q1
21.19
Min
4.21
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their P/E ratio against the Health Care Equipment & Services industry group benchmark.

P/S Ratio (TTM)

Labcorp (LH) at 2.04 prices around its industry’s typical P/S ratio, while IDEXX Laboratories (IDXX) at 11.42 clears its benchmark range — IDXX looks notably rich on sales.

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

LH

Health Care Equipment & Services industry group

2.04

Max
8.80
Q3
4.32
Median
2.13
LH
2.04
Q1
1.10
Min
0.03
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

Labcorp (LH) at 3.36 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.

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

LH

Health Care Equipment & Services industry group

3.36

Max
11.68
Q3
6.12
LH
3.36
Median
3.00
Q1
1.73
Min
-1.31
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IDEXX Laboratories (IDXX) vs. Labcorp (LH): A comparison of their P/B ratio against the Health Care Equipment & Services industry group benchmark.

Valuation Metrics

Valuation metrics for IDEXX Laboratories (IDXX) and Labcorp (LH)
MetricIDXXLH
P/E Ratio (TTM)45.5630.05
P/S Ratio (TTM)11.422.04
P/B Ratio (MRQ)28.503.36
Free Cash Flow Yield (TTM)2.00%3.55%