IDEXX Laboratories, Inc.

IDXX · NASDAQ
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12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue$3,898$3,661$3,367$3,215
% Growth6.5%8.7%4.7%
Cost of Goods Sold$1,519$1,471$1,363$1,326
Gross Profit$2,379$2,190$2,004$1,889
% Margin61%59.8%59.5%58.8%
R&D Expenses$220$191$255$161
G&A Expenses$442$336$326$310
SG&A Expenses$1,031$902$851$796
Sales & Mktg Exp.$589$566$525$487
Other Operating Expenses$0$0$2$1
Operating Expenses$1,251$1,093$1,106$957
Operating Income$1,128$1,097$899$932
% Margin29%30%26.7%29%
Other Income/Exp. Net-$19-$36-$39-$29
Pre-Tax Income$1,110$1,061$860$903
Tax Expense$222$216$181$158
Net Income$888$845$679$745
% Margin22.8%23.1%20.2%23.2%
EPS10.7710.178.128.74
% Growth5.9%25.2%-7.1%
EPS Diluted10.6710.068.038.6
Weighted Avg Shares Out82838485
Weighted Avg Shares Out Dil83848587
Supplemental Information
Interest Income$13$6$1$0
Interest Expense$31$42$40$30
Depreciation & Amortization$130$115$112$105
EBITDA$1,276$1,218$1,015$1,040
% Margin32.7%33.3%30.1%32.3%