IDEXX Return On Equity from 2010 to 2024

IDXX Stock  USD 418.55  0.06  0.01%   
IDEXX Laboratories Return On Equity yearly trend continues to be fairly stable with very little volatility. Return On Equity is likely to outpace its year average in 2024. Return On Equity is a measure of the profitability of IDEXX Laboratories in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
0.56923201
Current Value
0.6
Quarterly Volatility
10.39256129
 
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 Equity Growth Pattern

Below is the plot of the Return On Equity of IDEXX Laboratories over the last few years. Return on Equity is the amount of IDEXX Laboratories net income returned as a percentage of IDEXX Laboratories equity. Return on equity measures IDEXX Laboratories profitability by revealing how much profit IDEXX Laboratories generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. IDEXX Laboratories' Return On Equity 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.
ViewLast Reported 0.5910 Years Trend
Very volatile
   Return On Equity   
       Timeline  

IDEXX Return On Equity Regression Statistics

Arithmetic Mean(2.64)
Geometric Mean1.10
Coefficient Of Variation(394.23)
Mean Deviation5.23
Median0.36
Standard Deviation10.39
Sample Variance108.01
Range42.0433
R-Value(0.03)
Mean Square Error116.23
R-Squared0.0008
Significance0.92
Slope(0.06)
Total Sum of Squares1,512

IDEXX Return On Equity History

2024 0.6
2023 0.57
2022 1.12
2021 1.08
2020 0.92
2019 2.41
2018 -39.63

About IDEXX Laboratories Financial Statements

IDEXX Laboratories investors use historical fundamental indicators, such as IDEXX Laboratories' Return On Equity, 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 Equity 0.57  0.60 

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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.