Seek Returns logo

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

Updated on

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

Company Profile

SymbolIDXXSYK
Company NameIDEXX Laboratories, Inc.Stryker Corporation
CountryUnited StatesUnited States
GICS SectorHealth CareHealth Care
GICS IndustryHealth Care Equipment & SuppliesHealth Care Equipment & Supplies
Market Capitalization51.27 billion USD150.30 billion USD
ExchangeNasdaqGSNYSE
Listing DateJune 21, 1991March 17, 1980
Security TypeCommon StockCommon Stock

Historical Performance

This chart compares the performance of IDXX and SYK 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. SYK: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

SymbolIDXXSYK
5-Day Price Return1.23%2.16%
13-Week Price Return24.08%2.44%
26-Week Price Return41.54%2.71%
52-Week Price Return32.39%10.97%
Month-to-Date Return19.94%0.11%
Year-to-Date Return55.01%9.19%
10-Day Avg. Volume0.43M1.17M
3-Month Avg. Volume0.64M1.27M
3-Month Volatility60.22%17.00%
Beta1.600.97

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.

SYK

14.08%

Health Care Equipment & Supplies Industry

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

SYK’s Return on Equity of 14.08% is on par with the norm for the Health Care Equipment & Supplies industry, indicating its profitability relative to shareholder equity is typical for the sector.

IDXX vs. SYK: A comparison of their Return on Equity (TTM) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

12.25%

Health Care Equipment & Supplies Industry

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

SYK’s Net Profit Margin of 12.25% is aligned with the median group of its peers in the Health Care Equipment & Supplies industry. This indicates its ability to convert revenue into profit is typical for the sector.

IDXX vs. SYK: A comparison of their Net Profit Margin (TTM) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

15.18%

Health Care Equipment & Supplies Industry

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

SYK’s Operating Profit Margin of 15.18% is around the midpoint for the Health Care Equipment & Supplies industry, indicating that its efficiency in managing core business operations is typical for the sector.

IDXX vs. SYK: A comparison of their Operating Profit Margin (TTM) against the Health Care Equipment & Supplies industry benchmark.

Profitability at a Glance

SymbolIDXXSYK
Return on Equity (TTM)64.42%14.08%
Return on Assets (TTM)29.89%6.52%
Net Profit Margin (TTM)24.41%12.25%
Operating Profit Margin (TTM)31.09%15.18%
Gross Profit Margin (TTM)61.54%64.62%

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.

SYK

1.78

Health Care Equipment & Supplies Industry

Max
4.90
Q3
3.05
Median
2.14
Q1
1.49
Min
0.86

SYK’s Current Ratio of 1.78 aligns with the median group of the Health Care Equipment & Supplies industry, indicating that its short-term liquidity is in line with its sector peers.

IDXX vs. SYK: A comparison of their Current Ratio (MRQ) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

0.70

Health Care Equipment & Supplies Industry

Max
1.49
Q3
0.71
Median
0.45
Q1
0.14
Min
0.00

SYK’s Debt-to-Equity Ratio of 0.70 is typical for the Health Care Equipment & Supplies industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.

IDXX vs. SYK: A comparison of their Debt-to-Equity Ratio (MRQ) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

14.59

Health Care Equipment & Supplies Industry

Max
58.29
Q3
25.56
Median
9.06
Q1
3.60
Min
-28.92

SYK’s Interest Coverage Ratio of 14.59 is positioned comfortably within the norm for the Health Care Equipment & Supplies industry, indicating a standard and healthy capacity to cover its interest payments.

IDXX vs. SYK: A comparison of their Interest Coverage Ratio (TTM) against the Health Care Equipment & Supplies industry benchmark.

Financial Strength at a Glance

SymbolIDXXSYK
Current Ratio (MRQ)1.111.78
Quick Ratio (MRQ)0.750.88
Debt-to-Equity Ratio (MRQ)0.760.70
Interest Coverage Ratio (TTM)49.2414.59

Growth

Revenue Growth

IDXX vs. SYK: 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. SYK: 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.

SYK

0.83%

Health Care Equipment & Supplies Industry

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

SYK’s Dividend Yield of 0.83% is consistent with its peers in the Health Care Equipment & Supplies industry, providing a dividend return that is standard for its sector.

IDXX vs. SYK: A comparison of their Dividend Yield (TTM) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

42.87%

Health Care Equipment & Supplies Industry

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

SYK’s Dividend Payout Ratio of 42.87% is within the typical range for the Health Care Equipment & Supplies industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

IDXX vs. SYK: A comparison of their Dividend Payout Ratio (TTM) against the Health Care Equipment & Supplies industry benchmark.

Dividend at a Glance

SymbolIDXXSYK
Dividend Yield (TTM)0.00%0.83%
Dividend Payout Ratio (TTM)0.00%42.87%

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.

SYK

51.43

Health Care Equipment & Supplies Industry

Max
73.48
Q3
51.69
Median
34.31
Q1
25.74
Min
11.47

SYK’s P/E Ratio of 51.43 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.

IDXX vs. SYK: A comparison of their Price-to-Earnings Ratio (TTM) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

6.30

Health Care Equipment & Supplies Industry

Max
9.53
Q3
5.26
Median
3.39
Q1
2.13
Min
0.00

SYK’s P/S Ratio of 6.30 is in the upper echelon for the Health Care Equipment & Supplies industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.

IDXX vs. SYK: A comparison of their Price-to-Sales Ratio (TTM) against the Health Care Equipment & Supplies industry benchmark.

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.

SYK

7.13

Health Care Equipment & Supplies Industry

Max
10.85
Q3
5.98
Median
3.48
Q1
2.43
Min
0.69

SYK’s P/B Ratio of 7.13 is in the upper tier for the Health Care Equipment & Supplies industry. This indicates that investors are paying a premium relative to the company’s net assets, a valuation that hinges on its ability to generate superior profits.

IDXX vs. SYK: A comparison of their Price-to-Book Ratio (MRQ) against the Health Care Equipment & Supplies industry benchmark.

Valuation at a Glance

SymbolIDXXSYK
Price-to-Earnings Ratio (TTM)51.6651.43
Price-to-Sales Ratio (TTM)12.616.30
Price-to-Book Ratio (MRQ)29.577.13
Price-to-Free Cash Flow Ratio (TTM)65.7637.29