IDXX vs. THC: IDEXX Laboratories vs. Tenet Healthcare Stock Comparison
How do IDEXX Laboratories (IDXX) and Tenet Healthcare (THC) 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 Tenet Healthcare (THC) both fall under the Health Care Equipment & Services industry group, but IDXX is classified in Health Care Equipment & Supplies while THC is classified in Health Care Providers & Services.
| Profile Item | IDXX | THC |
|---|---|---|
| Name | IDEXX Laboratories, Inc. | Tenet Healthcare Corp. |
| 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 Facilities |
| Market Capitalization | 53.26 billion USD | 22.55 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 21, 1991 | March 17, 1980 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IDXX | THC |
|---|---|---|
| Total Return (1Y) | -1.84% | 43.40% |
| Total Return (3Y, Annualized) | 18.42% | 77.47% |
| Total Return (5Y, Annualized) | 2.02% | 29.92% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IDXX | THC |
|---|---|---|
| Volatility (1Y, Annualized) | 37.02% | 43.80% |
| Beta (5Y) | 1.44 | 1.17 |
| Max Drawdown (5Y) | -50.91% | -58.88% |
| Avg. Volume (3M) | 564.80K | 768.24K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IDXX | THC |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | 0.89 |
| Sortino Ratio (1Y) | -0.28 | 1.71 |
Profitability
ROE (TTM)
Both companies show strong equity returns, but IDEXX Laboratories (IDXX) at 68.93% is the standout with ROE above its industry range; Tenet Healthcare (THC) at 41.70% also sits in the top quartile.
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%
THC
Health Care Equipment & Services industry group
41.70%
- Max
- 47.61%
- THC
- 41.70%
- Q3
- 14.36%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
For every dollar of sales, both IDEXX Laboratories (IDXX) at 25.36% and Tenet Healthcare (THC) at 13.09% 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%
THC
Health Care Equipment & Services industry group
13.09%
- Max
- 29.35%
- THC
- 13.09%
- Q3
- 9.33%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both IDEXX Laboratories (IDXX) at 33.14% and Tenet Healthcare (THC) at 19.04% 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%
THC
Health Care Equipment & Services industry group
19.04%
- Max
- 35.43%
- THC
- 19.04%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | IDXX | THC |
|---|---|---|
| ROE (TTM) | 68.93% | 41.70% |
| ROA (TTM) | 26.70% | 8.68% |
| Net Margin (TTM) | 25.36% | 13.09% |
| Operating Margin (TTM) | 33.14% | 19.04% |
| Gross Margin (TTM) | 62.72% | 42.47% |
Growth
Revenue Growth
IDEXX Laboratories (IDXX) at 10.42% is around its peer norm for revenue growth, while Tenet Healthcare (THC) at 3.07% drops into the bottom quartile, signaling weaker demand or pricing momentum.
EPS Growth
IDEXX Laboratories (IDXX) at 22.59% is around its peer norm for EPS growth, while Tenet Healthcare (THC) at -52.63% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | IDXX | THC |
|---|---|---|
| Revenue Growth (YoY) | 10.42% | 3.07% |
| Revenue Growth (3Y CAGR) | 8.52% | 3.58% |
| EPS Growth (YoY) | 22.59% | -52.63% |
| EPS Growth (3Y CAGR) | 17.66% | 59.88% |
Financial Strength
Current Ratio (MRQ)
Tenet Healthcare (THC) at 1.59 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
THC
Health Care Equipment & Services industry group
1.59
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- THC
- 1.59
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
IDEXX Laboratories (IDXX) at 0.52 carries an industry-typical debt-to-equity mix, while Tenet Healthcare (THC) at 1.38 uses more debt funding than most peers.
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
THC
Health Care Equipment & Services industry group
1.38
- Max
- 1.88
- THC
- 1.38
- Q3
- 0.91
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | IDXX | THC |
|---|---|---|
| Current Ratio (MRQ) | 1.19 | 1.59 |
| Debt / Equity (MRQ) | 0.52 | 1.38 |
| Net Debt / EBITDA | 0.46 | 2.06 |
Dividends
Dividend Yield (TTM)
Neither IDEXX Laboratories (IDXX) nor Tenet Healthcare (THC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
THC
Health Care Equipment & Services industry group
0.00%
- THC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Neither IDEXX Laboratories (IDXX) nor Tenet Healthcare (THC) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
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%
THC
Health Care Equipment & Services industry group
0.00%
- THC
- 0.00%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IDXX | THC |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 0.00% | 0.00% |
Valuation
P/E Ratio (TTM)
Tenet Healthcare (THC) at 8.26 sits in the cheaper P/E ratio quartile, while IDEXX Laboratories (IDXX) at 45.56 is closer to its industry’s usual earnings multiple — a discount for THC, though growth and earnings durability still matter.
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
THC
Health Care Equipment & Services industry group
8.26
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- Q1
- 21.19
- THC
- 8.26
- Min
- 4.21
P/S Ratio (TTM)
Tenet Healthcare (THC) at 1.02 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
THC
Health Care Equipment & Services industry group
1.02
- Max
- 8.80
- Q3
- 4.32
- Median
- 2.13
- Q1
- 1.10
- THC
- 1.02
- Min
- 0.03
P/B Ratio (MRQ)
Tenet Healthcare (THC) at 4.14 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
THC
Health Care Equipment & Services industry group
4.14
- Max
- 11.68
- Q3
- 6.12
- THC
- 4.14
- Median
- 3.00
- Q1
- 1.73
- Min
- -1.31
Valuation Metrics
| Metric | IDXX | THC |
|---|---|---|
| P/E Ratio (TTM) | 45.56 | 8.26 |
| P/S Ratio (TTM) | 11.42 | 1.02 |
| P/B Ratio (MRQ) | 28.50 | 4.14 |
| Free Cash Flow Yield (TTM) | 2.00% | 8.99% |