IDEXX Return On Assets from 2010 to 2024

IDXX Stock  USD 417.24  1.31  0.31%   
IDEXX Laboratories Return On Assets yearly trend continues to be fairly stable with very little volatility. Return On Assets are likely to outpace its year average in 2024. Return On Assets is a profitability ratio that indicates the percentage of profit IDEXX Laboratories earns in relation to its overall resources. It is calculated by dividing net income by total assets. View All Fundamentals
 
Return On Assets  
First Reported
2010-12-31
Previous Quarter
0.2592213
Current Value
0.27
Quarterly Volatility
0.0661577
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IDEXX Laboratories financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IDEXX Laboratories' main balance sheet or income statement drivers, such as Depreciation And Amortization of 120.7 M, Interest Expense of 37.7 M or Total Revenue of 3.8 B, as well as many indicators such as Price To Sales Ratio of 13.22, Dividend Yield of 0.0 or PTB Ratio of 32.61. IDEXX financial statements analysis is a perfect complement when working with IDEXX Laboratories Valuation or Volatility modules.
  
Check out the analysis of IDEXX Laboratories Correlation against competitors.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.

Latest IDEXX Laboratories' Return On Assets Growth Pattern

Below is the plot of the Return On Assets of IDEXX Laboratories over the last few years. It is a profitability ratio that indicates the percentage of profit a company earns in relation to its overall resources. It is calculated by dividing net income by total assets. IDEXX Laboratories' Return On Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IDEXX Laboratories' overall financial position and show how it may be relating to other accounts over time.
Return On Assets10 Years Trend
Slightly volatile
   Return On Assets   
       Timeline  

IDEXX Return On Assets Regression Statistics

Arithmetic Mean0.20
Geometric Mean0.18
Coefficient Of Variation33.87
Mean Deviation0.06
Median0.16
Standard Deviation0.07
Sample Variance0
Range0.2216
R-Value0.88
Mean Square Error0
R-Squared0.77
Significance0.000018
Slope0.01
Total Sum of Squares0.06

IDEXX Return On Assets History

2024 0.27
2023 0.26
2021 0.31
2019 0.23
2018 0.25
2014 0.13
2013 0.15

About IDEXX Laboratories Financial Statements

IDEXX Laboratories investors use historical fundamental indicators, such as IDEXX Laboratories' Return On Assets, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in IDEXX Laboratories. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Return On Assets 0.26  0.27 

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Additional Tools for IDEXX Stock Analysis

When running IDEXX Laboratories' price analysis, check to measure IDEXX Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEXX Laboratories is operating at the current time. Most of IDEXX Laboratories' value examination focuses on studying past and present price action to predict the probability of IDEXX Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEXX Laboratories' price. Additionally, you may evaluate how the addition of IDEXX Laboratories to your portfolios can decrease your overall portfolio volatility.