IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc.

IDXXยทNASDAQ

$560.73

+1.8%
HealthcareMedical - Diagnostics & Research

IDEXX Laboratories, Inc. develops, manufactures, and distributes products and services primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets worldwide. The company operates through CAG; Water Quality Products; LPD; and Other segments. It provides point-of-care veterinary diagnostic products, including instruments, consumables, and rapid assay test kits; veterinary reference laboratory diagnostic and consulting services; practice management and diagnostic imaging systems and services for veterinarians; and health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services for biomedical research community. The company also offers diagnostic and health-monitoring products for livestock, poultry, and dairy; products that test water for various microbiological contaminants; and point-of-care electrolytes and blood gas analyzers and SARS-CoV-2 RT-PCR that are used in the human point-of-care medical diagnostics market; in-clinic chemistry, blood and urine chemistry, hematology, and SediVue Dx analyzers; SNAP rapid assays test kits. In addition, it provides Colilert, Colilert-18, and Colisure tests, which detect the presence of total coliforms and E. coli in water; Enterolert, Pseudalert, Filta-Max and Filta-Max xpress, Legiolert, and Quanti-Tray products; veterinary software and services for independent veterinary clinics and corporate groups. The company markets its products through marketing, customer service, sales, and technical service groups, as well as through independent distributors and other resellers. IDEXX Laboratories, Inc. was incorporated in 1983 and is headquartered in Westbrook, Maine.

At a Glance

Live Snapshot
Market Cap$44.23B
EPS13.1700
P/E Ratio42.58
Earnings Date08/03/2026
IDEXX Laboratories, Inc.

IDEXX Laboratories, Inc. Fair Value Envelope

IDXX ยท NASDAQ

Our analysis suggests that IDXX has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $560.73, this represents a potential HIDDEN relative to our calculated worth for IDEXX Laboratories, Inc..

Intrinsic Value
Current Price: $560.73

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$186.5B
+ Cash & Equivalents$180.1M
Firm Value$186.7B
- Debt$1.1B
Equity Value$185.6B
/ Shares Outstanding79,851,330B
DCF Value$2.3K
UNDERVALUED BY 315%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$1.6B
$2.1B
$2.7B
$3.6B
$4.7B
$6.2B
$8.2B
$10.9B
$14.3B
$18.9B
Maintenance CapEx
-$32.9M
-$43.4M
-$57.3M
-$75.7M
-$99.9M
-$131.8M
-$174.0M
-$229.7M
-$303.2M
-$400.2M
Owner Earnings
$1.5B
$2.0B
$2.7B
$3.5B
$4.6B
$6.1B
$8.0B
$10.6B
$14.0B
$18.5B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$1.4B
$1.7B
$2.1B
$2.6B
$3.1B
$3.8B
$4.7B
$5.7B
$7.0B
$8.6B
Terminal Value represents 78.1% of Enterprise Value