IDXX vs TMO

Idexx Laboratories and Thermo Fisher Scientific, both Healthcare

Thermo Fisher Scientific is the larger company at $173B against $44B. On trailing earnings TMO is the cheaper of the two at a P/E of 34.1 against 38.9, a gap that is only a bargain if the two are growing at similar rates. Over the past year TMO returned +42% against -11% for IDXX.

Idexx Laboratories and Thermo Fisher Scientificcompared on valuation, return and Ryufin’s Smart Score
FigureIDXXTMO
Last close$553$634
Market cap$44B$173B
Trailing P/Elower is cheaper for the same earnings, not automatically better38.934.1
Dividend yieldn/a0.3%
1-year return-11%+42%
5-year return-18%+19%
Ryufin Smart Scoresector-relative, 1–109/109/10

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Idexx Laboratories

Revenue of $1.2B in Q2 2026, net income $338M. Its largest reported line is Vet Lab Consumables, 36% of the disclosed total.

Thermo Fisher Scientific

Revenue of $12B in Q2 2026, net income $1.7B. Its largest reported line is Life Sciences Solutions, 38% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or read the correlation.