IDXXIdexx Laboratories

$528.84-18% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 60 out of 100, Above average
Today's price. Only valuation depends on it.

Above average. Idexx Laboratories scores higher than 68% of the 1,794 companies Ryufin scores.

Carried by return on capital and capital allocation, held back by valuation.

Healthcare median 27 · all companies 50

Valuation

26% of the score

0median 13

Idexx Laboratories is valued at 30.8x its operating profit, including debt: past the 25 times where this criterion gives nothing.

25x
20x
15x
10x
6x
30.8x
Full points at 6x or less, none from 25xfull points

Return on capital

18% of the score

100median 34

Over 7 years the business earned 45% a year after tax on the capital it uses.

2%
8%
15%
25%
45%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 47%

Return on new capital

16% of the score

71median 49

For every dollar of operating profit earned over 6 years, yearly profit grew by 7 cents. New capital earned 38%, and 19% of profit went back into the business.

-5%
12%
7%
None at minus 5 cents, full points from 12 centsfull points

Capital allocation

14% of the score

87median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countDown 1.4% a year over 5 years: buybacks
79
5%
-3%
-1.4%
0 pointsfull points
Assets against salesAssets grew 7.9% a year, sales 9.7%
99
12%
-2%
-1.8%
0 pointsfull points

Cycle position

12% of the score

52median 62

Today's operating margin of 32% is 1.16x its normal 28%: above its usual level. Normal is half the 10 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
1.2x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 32%

Balance sheet

8% of the score

100median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA0.4x a year of EBITDA
100
4.5x
0.5x
0.4x
0 pointsfull points
Interest coverOperating profit covers interest 39x
100
1.5x
12x
38.6x
0 pointsfull points

Earnings quality

6% of the score

74median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.08x profit over 3 years
71
0.7x
1x
1.3x
1.1x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.7% of assets
78
8%
0%
-8%
-3.7%
0 pointsfull points
Beneish M-score-2.49
74
-1.50
-1.78
-2.22
-3.00
-2.49
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.