Idexx Laboratories (IDXX)

Company Profile

IDEXX Laboratories, Inc. is a member of the S&P 500® Index and is a leader in pet healthcare innovation, offering diagnostic and software products and services that deliver solutions and insights to practicing veterinarians around the world. IDEXX products enhance the ability of veterinarians to provide advanced medical care, improve staff efficiency and build more economically successful practices. IDEXX is also a worldwide leader in providing diagnostic tests and information for livestock and poultry and tests for the quality and safety of water and milk and point-of-care and laboratory diagnostics for human medicine. Headquartered in Maine, IDEXX employs more than 9,000 people and offers products to customers in over 175 countries.

Company profile

Ticker

IDXX

Exchange

NASDAQ

Website

www.idexx.com

CEO

Jonathan Jay Mazelsky

Incorporated

Delaware

Location

Maine

Fiscal year end

Dec 31

Sector

Manufacturing > In-Vitro Diagnostic Substance Manufacturing

Industry (SIC)

In Vitro & In Vivo Diagnostic Substances

Ortho Clinical Diagnostics • QuidelOrtho • Myriad Genetics • Neogen • Lantheus • Celldex Therapeutics • Meridian Bioscience • Lucira Health • Heska Corp. • Intellia Therapeutics ...

SEC CIK

0000874716

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

342 Saco Street, LLC • Beijing IDEXX Laboratories Co. Limited • ezyVet US, Inc. • IDEXX Animana B.V. • IDEXX Brasil Laboratórios Ltda. • IDEXX Brasil Participações Ltda. • IDEXX Diagnostic Limited • IDEXX Diavet AG • IDEXX Distribution, Inc. • IDEXX GmbH ...

IRS number

10393723

IDXX stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

View all

Conflict minerals disclosure

31 May 23

8-K

Submission of Matters to a Vote of Security Holders

2 May 23

Results of Operations and Financial Condition

2 May 23

ARS

2022 FY

Annual report to shareholders

31 Mar 23

DEFA14A

Additional proxy soliciting materials

31 Mar 23

16 Feb 23

IDEXX Laboratories Announces Fourth Quarter and Full Year 2022 Results

1 Nov 22

Transcripts

View all

IDXX

Earnings call transcript

2023 Q1

2 May 23

IDXX

Earnings call transcript

2022 Q4

6 Feb 23

IDXX

Earnings call transcript

2022 Q3

1 Nov 22

IDXX

Earnings call transcript

2022 Q2

2 Aug 22

IDXX

Earnings call transcript

2022 Q1

4 May 22

IDXX

Earnings call transcript

2021 Q4

2 Feb 22

IDXX

Earnings call transcript

2021 Q3

2 Nov 21

IDXX

Earnings call transcript

2021 Q2

30 Jul 21

IDXX

Earnings call transcript

2021 Q1

4 May 21

IDXX

Earnings call transcript

2020 Q4

2 Feb 21

Latest ownership filings

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JONATHAN W AYERS

22 May 23

JONATHAN JAY MAZELSKY

Notice of proposed sale of securities

Financial summary

Financial statements Chart IDXX financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	111.37 mm	111.37 mm	111.37 mm	111.37 mm	111.37 mm	111.37 mm
Cash burn (monthly)	393.00 k	7.77 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	812.76 k	16.07 mm	n/a	n/a	n/a	n/a
Cash remaining	110.55 mm	95.30 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	281.3	12.3	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

IDXX institutional ownership history Ownership history

85.2% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	1007	962	+4.7%
Opened positions	133	168	-20.8%
Closed positions	88	91	-3.3%
Increased positions	319	315	+1.3%
Reduced positions	388	339	+14.5%

13F shares	Current	Prev Q	Change
Total value	35.19 tn	29.73 tn	+18.4%
Total shares	70.67 mm	72.59 mm	-2.6%
Total puts	319.60 k	310.90 k	+2.8%
Total calls	273.58 k	301.60 k	-9.3%
Total put/call ratio	1.2	1.0	+13.3%

Largest owners	Shares	Value	Change
BLK Blackrock	8.70 mm	$4.35 tn	+2.3%
Vanguard	8.20 mm	$4.10 tn	+0.9%
STT State Street	3.67 mm	$1.84 tn	-4.0%
Alliancebernstein	3.38 mm	$1.69 tn	+4.2%
Fundsmith	2.95 mm	$1.48 tn	-14.2%
Bamco	2.36 mm	$1.18 tn	-0.7%
Geode Capital Management	1.95 mm	$971.57 bn	+1.4%
BEN Franklin Resources	1.35 mm	$677.08 bn	-1.0%
Blair William & Co	1.21 mm	$604.69 bn	+0.3%
IVZ Invesco	1.19 mm	$594.51 bn	+24.4%

Largest transactions	Shares	Bought/sold	Change
FMR	320.78 k	-953.39 k	-74.8%
Norges Bank	0.00	-824.63 k	EXIT
Fundsmith	2.95 mm	-489.54 k	-14.2%
American Century Companies	1.03 mm	-475.27 k	-31.5%
Winslow Capital Management	476.55 k	-396.53 k	-45.4%
Select Equity	697.62 k	-327.43 k	-31.9%
Citadel Advisors	711.90 k	+313.80 k	+78.8%
Marshall Wace	299.15 k	+299.15 k	NEW
IVZ Invesco	1.19 mm	+233.49 k	+24.4%
Durable Capital Partners	0.00	-208.03 k	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

IDXX insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	498.48	300	149.54 k	137,039
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	497.6556	759	377.72 k	137,339
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	495.9351	886	439.40 k	138,098
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	494.276	1,229	607.47 k	138,984
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	492.8167	1,426	702.76 k	140,213
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	491.59	400	196.64 k	141,639
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	490.0283	300	147.01 k	142,039
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	488.7748	1,308	639.32 k	142,339
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	487.8169	2,254	1.10 mm	143,647
19 May 23	Ayers Jonathan W	Common Stock	Sell	Dispose S	No	No	486.9211	1,138	554.12 k	145,901