
IDEXX Laboratories Inc
NASDAQ:IDXX

IDEXX Laboratories Inc
PP&E Net
IDEXX Laboratories Inc
PP&E Net Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
Company | PP&E Net | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
---|---|---|---|---|---|---|
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IDEXX Laboratories Inc
NASDAQ:IDXX
|
PP&E Net
$829.3m
|
CAGR 3-Years
6%
|
CAGR 5-Years
6%
|
CAGR 10-Years
11%
|
|
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Becton Dickinson and Co
NYSE:BDX
|
PP&E Net
$6.6B
|
CAGR 3-Years
1%
|
CAGR 5-Years
1%
|
CAGR 10-Years
6%
|
|
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Boston Scientific Corp
NYSE:BSX
|
PP&E Net
$3.7B
|
CAGR 3-Years
12%
|
CAGR 5-Years
9%
|
CAGR 10-Years
10%
|
|
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Stryker Corp
NYSE:SYK
|
PP&E Net
$4B
|
CAGR 3-Years
7%
|
CAGR 5-Years
6%
|
CAGR 10-Years
14%
|
|
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Abbott Laboratories
NYSE:ABT
|
PP&E Net
$10.7B
|
CAGR 3-Years
6%
|
CAGR 5-Years
6%
|
CAGR 10-Years
6%
|
|
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Intuitive Surgical Inc
NASDAQ:ISRG
|
PP&E Net
$4.6B
|
CAGR 3-Years
33%
|
CAGR 5-Years
28%
|
CAGR 10-Years
28%
|
IDEXX Laboratories Inc
Glance View
IDEXX Laboratories Inc. stands as a pillar of innovation in the realm of veterinary diagnostics, transforming the landscape of animal healthcare. Founded in 1983, the company has strategically positioned itself at the intersection of science and care, delivering a broad range of products and services that cater primarily to veterinarians. By offering state-of-the-art diagnostic tests and in-house laboratory equipment, IDEXX empowers veterinarians to make precise and timely decisions. These tools not only enhance animal health but also streamline veterinary practices, allowing them to offer clients rapid, reliable results. By investing heavily in research and development, IDEXX continuously enhances its product portfolio, maintaining a competitive edge in a market that demands constant innovation. In addition to its core veterinary diagnostic services, IDEXX extends its expertise into water testing and livestock and poultry diagnostics, though these segments are smaller. The company crafts its revenue model on providing recurring, subscription-based services for its diagnostic machines, which require regular updating with new test kits and consumables. This model ensures a durable revenue stream, fostering long-term relationships with veterinary clinics worldwide. As digital transformation sweeps through every industry, IDEXX has also embraced the digital age, crafting sophisticated software that aids veterinarians in managing their practices more efficiently, thus augmenting its revenue through IT solutions. This diversified yet synergistic approach has allowed IDEXX to remain resilient and grow steadily, delivering consistent value to both its clients and shareholders.

See Also
What is IDEXX Laboratories Inc's PP&E Net?
PP&E Net
829.3m
USD
Based on the financial report for Dec 31, 2024, IDEXX Laboratories Inc's PP&E Net amounts to 829.3m USD.
What is IDEXX Laboratories Inc's PP&E Net growth rate?
PP&E Net CAGR 10Y
11%
Over the last year, the PP&E Net growth was 1%. The average annual PP&E Net growth rates for IDEXX Laboratories Inc have been 6% over the past three years , 6% over the past five years , and 11% over the past ten years .