IDXX vs. ZBH: IDEXX Laboratories vs. Zimmer Biomet Stock Comparison
How do IDEXX Laboratories (IDXX) and Zimmer Biomet (ZBH) 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 Zimmer Biomet (ZBH) 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.
| Profile Item | IDXX | ZBH |
|---|---|---|
| Name | IDEXX Laboratories, Inc. | Zimmer Biomet Holdings Inc. |
| 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 Equipment & Supplies |
| GICS Sub-Industry | Health Care Equipment | Health Care Equipment |
| Market Capitalization | 53.26 billion USD | 19.98 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | June 21, 1991 | July 25, 2001 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| Total Return (1Y) | -1.84% | 24.04% |
| Total Return (3Y, Annualized) | 18.42% | 2.38% |
| Total Return (5Y, Annualized) | 2.02% | -2.74% |
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 Zimmer Biomet (ZBH) is defensive at 0.42 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | IDXX | ZBH |
|---|---|---|
| Volatility (1Y, Annualized) | 37.02% | 32.39% |
| Beta (5Y) | 1.44 | 0.42 |
| Max Drawdown (5Y) | -50.91% | -43.94% |
| Avg. Volume (3M) | 564.80K | 2.09M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | 0.61 |
| Sortino Ratio (1Y) | -0.28 | 0.93 |
Profitability
ROE (TTM)
IDEXX Laboratories (IDXX) at 68.93% clears its industry range for ROE, a sharper capital-efficiency signal than Zimmer Biomet (ZBH) at 6.03%, 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%
ZBH
Health Care Equipment & Services industry group
6.03%
- Max
- 47.61%
- Q3
- 14.36%
- ZBH
- 6.03%
- Median
- 5.45%
- Q1
- -10.67%
- Min
- -47.01%
Net Margin (TTM)
IDEXX Laboratories (IDXX) at 25.36% retains a top-quartile share of revenue as profit, ahead of Zimmer Biomet (ZBH) at 8.95%, 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%
ZBH
Health Care Equipment & Services industry group
8.95%
- Max
- 29.35%
- Q3
- 9.33%
- ZBH
- 8.95%
- Median
- 2.18%
- Q1
- -6.29%
- Min
- -28.46%
Operating Margin (TTM)
Both IDEXX Laboratories (IDXX) at 33.14% and Zimmer Biomet (ZBH) at 17.35% 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%
ZBH
Health Care Equipment & Services industry group
17.35%
- Max
- 35.43%
- ZBH
- 17.35%
- Q3
- 14.14%
- Median
- 6.81%
- Q1
- -0.28%
- Min
- -16.29%
Profitability Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| ROE (TTM) | 68.93% | 6.03% |
| ROA (TTM) | 26.70% | 3.81% |
| Net Margin (TTM) | 25.36% | 8.95% |
| Operating Margin (TTM) | 33.14% | 17.35% |
| Gross Margin (TTM) | 62.72% | 69.33% |
Growth
Revenue Growth
Both IDEXX Laboratories (IDXX) at 10.42% and Zimmer Biomet (ZBH) at 7.20% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both IDEXX Laboratories (IDXX) at 22.59% and Zimmer Biomet (ZBH) at -19.86% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| Revenue Growth (YoY) | 10.42% | 7.20% |
| Revenue Growth (3Y CAGR) | 8.52% | 5.85% |
| EPS Growth (YoY) | 22.59% | -19.86% |
| EPS Growth (3Y CAGR) | 17.66% | 47.78% |
Financial Strength
Current Ratio (MRQ)
Zimmer Biomet (ZBH) at 1.46 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
ZBH
Health Care Equipment & Services industry group
1.46
- Max
- 7.59
- Q3
- 4.00
- Median
- 1.98
- ZBH
- 1.46
- Q1
- 1.37
- Min
- 0.30
Debt / Equity (MRQ)
Both IDEXX Laboratories (IDXX) at 0.52 and Zimmer Biomet (ZBH) at 0.60 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
ZBH
Health Care Equipment & Services industry group
0.60
- Max
- 1.88
- Q3
- 0.91
- ZBH
- 0.60
- Median
- 0.58
- Q1
- 0.16
- Min
- 0.00
Financial Strength Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| Current Ratio (MRQ) | 1.19 | 1.46 |
| Debt / Equity (MRQ) | 0.52 | 0.60 |
| Net Debt / EBITDA | 0.46 | 2.85 |
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 Zimmer Biomet (ZBH) reports a yield of 0.90%, 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%
ZBH
Health Care Equipment & Services industry group
0.90%
- ZBH
- 0.90%
- 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 Zimmer Biomet (ZBH) reports a payout of 24.24%, 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%
ZBH
Health Care Equipment & Services industry group
24.24%
- ZBH
- 24.24%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.90% |
| Dividend Payout Ratio (TTM) | 0.00% | 24.24% |
Valuation
P/E Ratio (TTM)
Both IDEXX Laboratories (IDXX) at 45.56 and Zimmer Biomet (ZBH) at 26.66 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
ZBH
Health Care Equipment & Services industry group
26.66
- Max
- 80.41
- Q3
- 47.62
- Median
- 29.93
- ZBH
- 26.66
- Q1
- 21.19
- Min
- 4.21
P/S Ratio (TTM)
Zimmer Biomet (ZBH) at 2.33 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
ZBH
Health Care Equipment & Services industry group
2.33
- Max
- 8.80
- Q3
- 4.32
- ZBH
- 2.33
- Median
- 2.13
- Q1
- 1.10
- Min
- 0.03
P/B Ratio (MRQ)
Zimmer Biomet (ZBH) at 1.58 sits in the lower P/B ratio quartile relative to book while IDEXX Laboratories (IDXX) at 28.50 prices above its industry range — a wide valuation gap against assets.
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
ZBH
Health Care Equipment & Services industry group
1.58
- Max
- 11.68
- Q3
- 6.12
- Median
- 3.00
- Q1
- 1.73
- ZBH
- 1.58
- Min
- -1.31
Valuation Metrics
| Metric | IDXX | ZBH |
|---|---|---|
| P/E Ratio (TTM) | 45.56 | 26.66 |
| P/S Ratio (TTM) | 11.42 | 2.33 |
| P/B Ratio (MRQ) | 28.50 | 1.58 |
| Free Cash Flow Yield (TTM) | 2.00% | 7.22% |