IDXX Profit Margins

Gross, Operating & Net Margin Analysis for Idexx Laboratories Inc

Margin Quality

Unknown

Current Profit Margins

Gross Margin

0.0%

0.0% YoY

$0.00 gross profit

Operating Margin

0.0%

0.0% YoY

$0.00 operating income

Net Profit Margin

22.8%

0.3% YoY

$887.87M net income

5-Year Margin Trends

2020Revenue: $2.71B
Gross0.0%
Operating0.0%
Net21.5%
2021Revenue: $3.22B
Gross0.0%
Operating0.0%
Net23.2%
2022Revenue: $3.37B
Gross0.0%
Operating0.0%
Net20.2%
2023Revenue: $3.66B
Gross0.0%
Operating0.0%
Net23.1%
2024Revenue: $3.90B
Gross0.0%
Operating0.0%
Net22.8%

What Margins Indicate About IDXX

Business Quality

Lower gross margins may reflect commodity-like products or intense price competition in the Health Care.

Operational Efficiency

Stable operating margins suggest consistent execution and predictable business operations.

Profitability

Net margins above 15% demonstrate excellent profitability and suggest strong competitive positioning.

Investment Implications

Mixed margin trends require deeper analysis to understand underlying business dynamics and sustainability.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze IDXX Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is IDXX's profit margin?

IDXX (Idexx Laboratories Inc) has a net profit margin of 22.8%, meaning the company keeps $0.22780399968800544 in profit for every dollar of revenue. This represents a change from the previous year's net margin of 23.1%.

What is IDXX's gross margin?

IDXX's gross margin is 0.0%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A lower gross margin like this reflects the competitive dynamics of the Health Care.

What is IDXX's operating margin?

IDXX has an operating margin of 0.0%. Operating margin shows profitability after operating expenses but before interest and taxes. This metric helps investors understand how efficiently Idexx Laboratories Inc manages its operations.

Are IDXX's profit margins good?

IDXX's margins are considered unknown. When evaluating margins, it's important to compare against Life Sciences Tools & Services peers, as different sectors have structurally different margin profiles.

How do profit margins affect IDXX stock?

Profit margins are a key indicator of IDXX's business quality and competitive position. High margins suggest strong competitive advantages and pricing power, which typically support premium valuations. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives IDXX's profit margins?

IDXX's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Life Sciences Tools & Services-specific dynamics, and management execution. Monitoring margin trends helps identify improving or deteriorating business fundamentals.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

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