IDXX vs. MCK: IDEXX Laboratories vs. McKesson Stock Comparison
How do IDEXX Laboratories (IDXX) and McKesson (MCK) 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 McKesson (MCK) both fall under the Health Care Equipment & Services industry group, but IDXX is classified in Health Care Equipment & Supplies while MCK is classified in Health Care Providers & Services.
| Profile Item | IDXX | MCK |
|---|---|---|
| Name | IDEXX Laboratories, Inc. | McKesson Corporation |
| 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 Equipment & Supplies | Health Care Providers & Services |
| GICS Sub-Industry | Health Care Equipment | Health Care Distributors |
| Market Capitalization | 53.26 billion USD | 122.48 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 21, 1991 | November 10, 1994 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IDXX | MCK |
|---|---|---|
| Total Return (1Y) | -1.84% | 25.40% |
| Total Return (3Y, Annualized) | 18.42% | 32.67% |
| Total Return (5Y, Annualized) | 2.02% | 37.84% |
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 McKesson (MCK) is defensive at 0.26 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | IDXX | MCK |
|---|---|---|
| Volatility (1Y, Annualized) | 37.02% | 31.71% |
| Beta (5Y) | 1.44 | 0.26 |
| Max Drawdown (5Y) | -50.91% | -27.17% |
| Avg. Volume (3M) | 564.80K | 822.69K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IDXX | MCK |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | 0.67 |
| Sortino Ratio (1Y) | -0.28 | 1.15 |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: IDEXX Laboratories (IDXX) earns 68.93% on shareholders’ equity, ranked against its industry; McKesson (MCK) has no ROE this period.
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%
MCK
Health Care Equipment & Services industry group
--
- Max
- 47.61%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
- MCK
- --
Net Margin (TTM)
IDEXX Laboratories (IDXX) at 25.36% retains a top-quartile share of revenue as profit, ahead of McKesson (MCK) at 1.12%, 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%
MCK
Health Care Equipment & Services industry group
1.12%
- Max
- 29.35%
- Q3
- 9.33%
- Median
- 2.18%
- MCK
- 1.12%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
IDEXX Laboratories (IDXX) at 33.14% operates in the top operating margin quartile, ahead of McKesson (MCK) at 1.48%, 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%
MCK
Health Care Equipment & Services industry group
1.48%
- Max
- 35.43%
- Q3
- 14.14%
- Median
- 6.81%
- MCK
- 1.48%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | IDXX | MCK |
|---|---|---|
| ROE (TTM) | 68.93% | -- |
| ROA (TTM) | 26.70% | 4.72% |
| Net Margin (TTM) | 25.36% | 1.12% |
| Operating Margin (TTM) | 33.14% | 1.48% |
| Gross Margin (TTM) | 62.72% | 3.65% |
Growth
Revenue Growth
Both IDEXX Laboratories (IDXX) at 10.42% and McKesson (MCK) at 12.36% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
McKesson (MCK) at 49.22% sits in the top EPS growth quartile, while IDEXX Laboratories (IDXX) at 22.59% is closer to the peer norm — faster per-share earnings growth for MCK.
Growth Metrics
| Metric | IDXX | MCK |
|---|---|---|
| Revenue Growth (YoY) | 10.42% | 12.36% |
| Revenue Growth (3Y CAGR) | 8.52% | 13.39% |
| EPS Growth (YoY) | 22.59% | 49.22% |
| EPS Growth (3Y CAGR) | 17.66% | 15.31% |
Financial Strength
Current Ratio (MRQ)
Both IDEXX Laboratories (IDXX) at 1.19 and McKesson (MCK) at 0.90 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
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
MCK
Health Care Equipment & Services industry group
0.90
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- Q1
- 1.37
- MCK
- 0.90
- Min
- 0.30
Debt / Equity (MRQ)
Only one side’s leverage can be read here: IDEXX Laboratories (IDXX) carries debt-to-equity ratio of 0.52 against its industry range, while McKesson (MCK) reports no figure this period.
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
MCK
Health Care Equipment & Services industry group
--
- Max
- 1.88
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
- MCK
- --
Financial Strength Metrics
| Metric | IDXX | MCK |
|---|---|---|
| Current Ratio (MRQ) | 1.19 | 0.90 |
| Debt / Equity (MRQ) | 0.52 | -- |
| Net Debt / EBITDA | 0.46 | 0.64 |
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 McKesson (MCK) reports a yield of 0.32%, 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%
MCK
Health Care Equipment & Services industry group
0.32%
- MCK
- 0.32%
- 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 McKesson (MCK) reports a payout of 8.77%, 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%
MCK
Health Care Equipment & Services industry group
8.77%
- MCK
- 8.77%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IDXX | MCK |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.32% |
| Dividend Payout Ratio (TTM) | 0.00% | 8.77% |
Valuation
P/E Ratio (TTM)
Both IDEXX Laboratories (IDXX) at 45.56 and McKesson (MCK) at 27.36 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
MCK
Health Care Equipment & Services industry group
27.36
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- MCK
- 27.36
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
McKesson (MCK) at 0.29 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.
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
MCK
Health Care Equipment & Services industry group
0.29
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- MCK
- 0.29
- Min
- 0.03
P/B Ratio (MRQ)
McKesson (MCK) reports a negative P/B ratio of -30.85, meaning negative book equity — the multiple itself is not meaningful for valuation. Meanwhile IDEXX Laboratories (IDXX) reports 28.50, ranking against industry peers normally.
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
MCK
Health Care Equipment & Services industry group
-30.85
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
- MCK
- -30.85
Valuation Metrics
| Metric | IDXX | MCK |
|---|---|---|
| P/E Ratio (TTM) | 45.56 | 27.36 |
| P/S Ratio (TTM) | 11.42 | 0.29 |
| P/B Ratio (MRQ) | 28.50 | -30.85 |
| Free Cash Flow Yield (TTM) | 2.00% | 6.04% |