Sector: Healthcare | Industry: Medical Equipment, Supplies & Distribution |
See Regulatory Filings on SEC |
Company Contact | |
Address: | One Idexx Drive WESTBROOK ME 04092-2041 |
Tel: | N/A |
Website: | https://www.idexx.com |
IR: | See website |
Key People | ||
Jonathan Mazelsky President, Chief Executive Officer, Director | George J. Fennell Senior Vice President and Chief Revenue Officer | Brian P. Mckeon Chief Financial Officer, Executive Vice President, Treasurer |
Michael P. Johnson Chief Human Resource Officer, Executive Vice President | Martin Smith Executive Vice President, Chief Technology Officer | Sharon E. Underberg Executive Vice President, General Counsel, Corporate Secretary |
Michael Erickson Executive Vice President and General Manager, Point of Care Diagnostics and Telemedicine | Michael J. Lane Executive Vice President and General Manager, Global Reference Laboratories and Information Technology | Michael Schreck Executive Vice President and General Manager, Veterinary Software and Services, Corporate Accounts and Customer Experience | Tina Hunt Executive Vice President - Strategy, Sector Development and Global Operations |
Business Overview |
IDEXX Laboratories, Inc. develops, manufactures and distributes products and provides services primarily for the companion animal veterinary, livestock and poultry, dairy and water testing industries. The Company also provides human medical point-of-care and laboratory diagnostics. Its segments include Companion Animal Group (CAG), Water quality products (Water), and Livestock, Poultry and Dairy (LPD). The CAG segment offers diagnostic and information management-based products and services for the companion animal veterinary industry, including in-clinic diagnostic solutions, outside reference laboratory services, and veterinary software and services. Its Water segment provides testing solutions for accurate detection and quantification of various microbiological parameters in water. Its LPD segment provides diagnostic tests, services, and related instrumentation that are used to manage the health status of livestock and poultry, to improve the quality and safety of milk. |
Financial Overview |
For the fiscal year ended 31 December 2023, IDEXX Laboratories, Inc. revenues increased 9% to $3.66B. Net income increased 24% to $845M. Revenues reflect CAG segment increase of 10% to $6.29B, Water segment increase of 8% to $168.1M, United States segment increase of 10% to $2.39B, Other Euorpe segment increase of 9% to $176.4M, France segment increase of 15% to $96.8M. Net income benefited from CAG segment income increase of 26% to $1.01B. |
Employees: | 11,000 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $40,324M as of Dec 31, 2023 |
Annual revenue (TTM): | $3,661M as of Dec 31, 2023 |
EBITDA (TTM): | $1,214M as of Dec 31, 2023 |
Net annual income (TTM): | $845.04M as of Dec 31, 2023 |
Free cash flow (TTM): | $772.88M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $493.95M as of Dec 31, 2023 |
Shares outstanding: | 83,054,119 as of Mar 8, 2024 |
Index Membership: | S&P 500 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |