IDEXX Laboratories, Inc. (IDXX) on Decifer

Decifer ranks IDXX number 213 of 277 tracked names on durable business quality.

Why it ranks here

• It earns strong returns on the money it puts to work, around 40% and it turns most of its profit into real cash.
• Revenue is growing about 10% a year, profits grew 22% over the past year, and growth is speeding up, not slowing down.
• It keeps a high share of every sale as profit, and that has stayed steady over the years, a sign of real pricing power, with profitability widening as it grows.
• and has the balance sheet to fund its growth.
• It is not watering down its owners with new shares and it returns cash to shareholders.
• Returns around 40% are excellent, but no funded role, a price about 28% above similar companies, and momentum of 1 out of 35 give no near-term push.

The current read

The evidence on IDXX lines up on the supportive side: the intelligence feed flags this name as connected to what is moving markets now. The independent signals we track are telling the same story.

Themes

• Genomic Medicine & Precision Diagnostics: The collapsing cost of DNA/RNA sequencing and validation of genomic classifiers is moving clinical practice toward routine molecular diagnostics and companion testing.

Read the full IDXX research brief · See all quality rankings

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