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IDXX vs. STE: IDEXX Laboratories vs. STERIS Stock Comparison

How do IDEXX Laboratories (IDXX) and STERIS (STE) 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 STERIS (STE) are both classified in the Health Care Equipment sub-industry within the broader Health Care Equipment & Supplies industry, placing them in the closest GICS peer bucket.

Company profile comparison for IDEXX Laboratories (IDXX) and STERIS (STE)
Profile ItemIDXXSTE
NameIDEXX Laboratories, Inc.STERIS plc
Country/RegionUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS Industry GroupHealth Care Equipment & ServicesHealth Care Equipment & Services
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
GICS Sub-IndustryHealth Care EquipmentHealth Care Equipment
Market Capitalization53.26 billion USD24.50 billion USD
CurrencyUSDUSD
ExchangeNasdaqNYSE
Listing DateJune 21, 1991June 1, 1992
Security TypeCommon StockCommon Stock

Price Performance

Cumulative Growth

IDXX
STE
GSPC
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IDEXX Laboratories (IDXX) vs. STERIS (STE), 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 STERIS (STE). Returns over one year are annualized.

Calendar-Year Returns

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

Performance Metrics

Price performance metrics for IDEXX Laboratories (IDXX) and STERIS (STE)
MetricIDXXSTE
Total Return (1Y)-1.84%-1.85%
Total Return (3Y, Annualized)18.42%9.57%
Total Return (5Y, Annualized)2.02%3.26%

Risk Profile

Drawdown History

IDXX
STE
GSPC
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IDEXX Laboratories (IDXX) vs. STERIS (STE), 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 STERIS (STE). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for IDEXX Laboratories (IDXX) and STERIS (STE)
MetricIDXXSTE
Volatility (1Y, Annualized)37.02%26.39%
Beta (5Y)1.440.81
Max Drawdown (5Y)-50.91%-36.18%
Avg. Volume (3M)564.80K694.02K

Risk-Adjusted Performance

Risk-Return Positioning

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IDXX and STE 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 STERIS (STE)
MetricIDXXSTE
Sharpe Ratio (1Y)-0.17-0.23
Sortino Ratio (1Y)-0.28-0.34

Profitability

ROE (TTM)

IDEXX Laboratories (IDXX) at 68.93% clears its industry range for ROE, a sharper capital-efficiency signal than STERIS (STE) at 11.61%, 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%

STE

Health Care Equipment & Services industry group

11.61%

Max
47.61%
Q3
14.36%
STE
11.61%
Median
5.45%
Q1
-10.67%
Min
-47.01%
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IDEXX Laboratories (IDXX) vs. STERIS (STE): A comparison of their ROE against the Health Care Equipment & Services industry group benchmark.

Net Margin (TTM)

For every dollar of sales, both IDEXX Laboratories (IDXX) at 25.36% and STERIS (STE) at 13.41% retain more as net profit than most peers, landing in the top net margin quartile of their industries.

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%

STE

Health Care Equipment & Services industry group

13.41%

Max
29.35%
STE
13.41%
Q3
9.33%
Median
2.18%
Q1
-6.29%
Min
-28.46%
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IDEXX Laboratories (IDXX) vs. STERIS (STE): A comparison of their net margin against the Health Care Equipment & Services industry group benchmark.

Operating Margin (TTM)

Both IDEXX Laboratories (IDXX) at 33.14% and STERIS (STE) at 19.18% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.

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%

STE

Health Care Equipment & Services industry group

19.18%

Max
35.43%
STE
19.18%
Q3
14.14%
Median
6.81%
Q1
-0.28%
Min
-16.29%
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IDEXX Laboratories (IDXX) vs. STERIS (STE): A comparison of their operating margin against the Health Care Equipment & Services industry group benchmark.

Profitability Metrics

Profitability metrics for IDEXX Laboratories (IDXX) and STERIS (STE)
MetricIDXXSTE
ROE (TTM)68.93%11.61%
ROA (TTM)26.70%7.00%
Net Margin (TTM)25.36%13.41%
Operating Margin (TTM)33.14%19.18%
Gross Margin (TTM)62.72%44.30%

Growth

Revenue Growth

Both IDEXX Laboratories (IDXX) at 10.42% and STERIS (STE) at 8.73% 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. STERIS (STE): A comparison of their Revenue Growth across different time periods.

EPS Growth

STERIS (STE) at 27.90% 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 STE.

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

Growth Metrics

Growth metrics for IDEXX Laboratories (IDXX) and STERIS (STE)
MetricIDXXSTE
Revenue Growth (YoY)10.42%8.73%
Revenue Growth (3Y CAGR)8.52%9.38%
EPS Growth (YoY)22.59%27.90%
EPS Growth (3Y CAGR)17.66%94.97%

Financial Strength

Current Ratio (MRQ)

STERIS (STE) at 2.05 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

STE

Health Care Equipment & Services industry group

2.05

Max
7.59
Q3
4.00
STE
2.05
Median
1.98
Q1
1.37
Min
0.30
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IDEXX Laboratories (IDXX) vs. STERIS (STE): 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 STERIS (STE) at 0.28 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

STE

Health Care Equipment & Services industry group

0.28

Max
1.88
Q3
0.91
Median
0.58
STE
0.28
Q1
0.16
Min
0.00
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IDEXX Laboratories (IDXX) vs. STERIS (STE): 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 STERIS (STE)
MetricIDXXSTE
Current Ratio (MRQ)1.192.05
Debt / Equity (MRQ)0.520.28
Net Debt / EBITDA0.460.91

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 STERIS (STE) reports a yield of 1.02%, 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%

STE

Health Care Equipment & Services industry group

1.02%

STE
1.02%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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IDEXX Laboratories (IDXX) vs. STERIS (STE): 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 STERIS (STE) reports a payout of 30.61%, 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%

STE

Health Care Equipment & Services industry group

30.61%

STE
30.61%
Max
0.00%
Q3
0.00%
Median
0.00%
Q1
0.00%
Min
0.00%
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IDEXX Laboratories (IDXX) vs. STERIS (STE): A comparison of their payout ratio against the Health Care Equipment & Services industry group benchmark.

Dividend Metrics

Dividend metrics for IDEXX Laboratories (IDXX) and STERIS (STE)
MetricIDXXSTE
Dividend Yield (TTM)0.00%1.02%
Dividend Payout Ratio (TTM)0.00%30.61%

Valuation

P/E Ratio (TTM)

Both IDEXX Laboratories (IDXX) at 45.56 and STERIS (STE) at 29.93 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

STE

Health Care Equipment & Services industry group

29.93

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

P/S Ratio (TTM)

STERIS (STE) at 3.97 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

STE

Health Care Equipment & Services industry group

3.97

Max
8.80
Q3
4.32
STE
3.97
Median
2.13
Q1
1.10
Min
0.03
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IDEXX Laboratories (IDXX) vs. STERIS (STE): A comparison of their P/S ratio against the Health Care Equipment & Services industry group benchmark.

P/B Ratio (MRQ)

STERIS (STE) at 3.38 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

STE

Health Care Equipment & Services industry group

3.38

Max
11.68
Q3
6.12
STE
3.38
Median
3.00
Q1
1.73
Min
-1.31
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IDEXX Laboratories (IDXX) vs. STERIS (STE): 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 STERIS (STE)
MetricIDXXSTE
P/E Ratio (TTM)45.5629.93
P/S Ratio (TTM)11.423.97
P/B Ratio (MRQ)28.503.38
Free Cash Flow Yield (TTM)2.00%3.36%