IDXX IDEXX Laboratories, Inc. - Common Stock
NASDAQ · Health Care · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Aug 4, 2026IDXX Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| June 16, 2015 | 2-for-1 | Forward |
| Nov. 27, 2007 | 2-for-1 | Forward |
| June 6, 1995 | 2-for-1 | Forward |
| Oct. 4, 1993 | 2-for-1 | Forward |
About IDEXX Laboratories, Inc. - Common Stock Company overview from Wikipedia
IDEXX Laboratories, Inc. is an American multinational corporation engaged in the development, manufacture, and distribution of products and services for the companion animal veterinary, livestock and poultry, water testing, and dairy markets. Incorporated in 1983 by David Evans Shaw, the company is headquartered in Westbrook, Maine, and in Hoofddorp, Netherlands for its EMEA divisions. IDEXX offers products to customers in over 175 countries around the world and employs about 11,000 people in full-and part-time positions (as of 2025).
In 2002, Jon Ayers succeeded company founder Shaw as chairman and CEO. During Ayers 20-year tenure, the company's annual revenue grew from $380 million to $3 billion, raising share prices by more than 100 times. In 2019, Jay Mazelsky succeeded Ayers in the role of CEO.
In 2025, IDEXX estimated annual sales between $4.21 billion and $4.28 billion, with total quarterly revenue exceeding $1 billion.
Products and services
Companion Animal Group
The Companion Animal Group (CAG) provides in-clinic laboratory analyzers for companion animals. Analyzers measure blood cell counts as well as levels of certain enzymes in blood or urine for the purpose of monitoring health conditions. Major products of this segment are the Catalyst Dx Chemistry Analyzer and the VetTest Chemistry Analyzer, Symmetric dimethylarginine (SDMA), ProCyte Dx Hematology Analyzer, the LaserCyte Hematology Analyzer, the IDEXX VetAutoread Hematology Analyzer, the SNAP Pro analyzer, and so on, among other laboratory equipment and analytical services.
Water testing
The Water segment provides products to measure microbiological parameters in water. Popular products of this segment include Colilert, Colilert-18, and Colisure for detecting total coliform and E. coli. Water products are sold in over 120 countries around the globe.
Livestock and Poultry Diagnostics
The Livestock and Poultry Diagnostics division provides products to detect diseases in livestock and poultry. Products of this segment include tests for avian influenza, bovine viral diarrhoea virus, porcine reproductive and respiratory syndrome (PRRS), and bovine spongiform encephalopathy (BSE or mad cow disease).
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | IDXX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 36.45Y avg ≈54.6 | ≈54.6 | 31.0 | Overvalued | |
| P/S (TTM) | 9.05Y avg ≈12.2 | ≈12.2 | 5.0 | Overvalued | |
| P/B (MRQ) | 25.45Y avg ≈44.4 | ≈44.4 | 5.0 | Overvalued | |
| EV / EBITDA | 27.65Y avg ≈38.0 | ≈38.0 | 27.0 | Overvalued | |
| Price / FCF (TTM) | 32.65Y avg ≈65.1 | ≈65.1 | · | · | |
| Price / Cash Flow (TTM) | 29.85Y avg ≈53.8 | ≈53.8 | 26.4 | Overvalued | |
| EV / Revenue | 9.75Y avg ≈12.4 | ≈12.4 | · | · | |
| EV / FCF | 39.35Y avg ≈65.9 | ≈65.9 | · | · | |
| Price / Tangible Book (MRQ) | 27.05Y avg ≈118.5 | ≈118.5 | · | · | |
| PEG Ratio | ≈2.6 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | IDXX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 62.4%5Y avg ≈60.2% | ≈60.2% | 65.9% | In line | |
| Operating Margin (TTM) | 32.0%5Y avg ≈29.2% | ≈29.2% | 24.8% | Top tier | |
| EBITDA Margin (TTM) | 35.4%5Y avg ≈32.5% | ≈32.5% | 29.5% | Top tier | |
| Pretax Margin (TTM) | 31.3%5Y avg ≈28.4% | ≈28.4% | 24.0% | Top tier | |
| Net Profit Margin (TTM) | 25.0%5Y avg ≈22.8% | ≈22.8% | 17.8% | Top tier | |
| ROA (TTM) | 33.7%5Y avg ≈29.0% | ≈29.0% | 7.9% | Top tier | |
| ROE (TTM) | 74.2%5Y avg ≈84.6% | ≈84.6% | 15.9% | Top tier | |
| ROIC | 52.9%5Y avg ≈47.0% | ≈47.0% | 11.5% | Top tier |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | IDXX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.35Y avg ≈0.7 | ≈0.7 | 0.6 | Low debt | |
| Current Ratio (MRQ) | 1.25Y avg ≈1.3 | ≈1.3 | 1.6 | Low liquidity | |
| Quick Ratio | 0.65Y avg ≈0.7 | ≈0.7 | 0.9 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.25Y avg ≈0.6 | ≈0.6 | 0.6 | Low debt |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | IDXX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 10.4%5Y avg ≈9.8% | ≈9.8% | · | · | |
| Revenue CAGR 3Y | 8.5%5Y avg ≈8.6% | ≈8.6% | · | · | |
| Revenue CAGR 5Y | 9.7% | · | · | · | |
| EPS YoY | 22.6%5Y avg ≈15.1% | ≈15.1% | · | · | |
| Net Income YoY | 19.3%5Y avg ≈13.6% | ≈13.6% | · | · | |
| EPS CAGR 3Y | 17.7%5Y avg ≈13.2% | ≈13.2% | · | · | |
| EPS CAGR 5Y | 14.3% | · | · | · | |
| Net Income CAGR 3Y | 16.0%5Y avg ≈11.8% | ≈11.8% | · | · | |
| Net Income CAGR 5Y | 12.7% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | IDXX | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 1.35Y avg ≈1.3 | ≈1.3 | 0.5 | Top tier | |
| Inventory Turnover | 4.35Y avg ≈4.4 | ≈4.4 | 2.4 | Top tier | |
| Receivables Turnover | 8.45Y avg ≈8.6 | ≈8.6 | 6.8 | Top tier | |
| Revenue / Employee | ≈$391.2K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Aug 3, 2026 | $4.27 | $4.02 | 6.2% |
| March 31, 2026 | $3.47 | $3.47 | 0.10% | |
| Dec. 31, 2025 | $3.08 | $2.99 | 3.1% | |
| Sept. 30, 2025 | $3.40 | $3.19 | 6.5% | |
| June 30, 2025 | $3.63 | $3.37 | 7.8% | |
| March 31, 2025 | $2.96 | $2.91 | 1.7% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.30B | $3.90B | $3.66B | $3.37B | $3.22B | $2.71B | $2.41B | $2.21B | $1.97B | $1.78B | $1.60B | $1.49B | |
| Cost of Revenue | $1.64B | $1.52B | $1.47B | $1.36B | $1.33B | $1.14B | $1.04B | $972M | $872M | $800M | $712M | $670M | |
| Gross Profit | $2.66B | $2.38B | $2.19B | $2.00B | $1.89B | $1.57B | $1.37B | $1.24B | $1.10B | $975M | $890M | $816M | |
| R&D Expense | $251M | $220M | $191M | $255M | $161M | $141M | $133M | $118M | $109M | $101M | $100M | $98M | |
| SG&A Expense | $405M | $442M | $336M | $326M | $310M | $301M | $261M | $245M | $221M | $207M | $183M | $174M | |
| Operating Expenses | $1.30B | $1.25B | $1.09B | $1.11B | · | · | · | $750M | · | · | · | · | |
| Operating Income | $1.36B | $1.13B | $1.10B | $899M | $932M | $695M | $553M | $491M | $413M | $350M | $300M | $260M | |
| Interest Expense | · | · | $42M | $40M | $30M | $33M | $31M | $35M | $37M | $32M | $29M | $15M | |
| Pretax Income | $1.32B | $1.11B | $1.06B | $860M | $903M | $662M | $522M | $458M | $381M | $322M | $273M | $247M | |
| Income Tax | $265M | $222M | $216M | $181M | $158M | $80M | $94M | $81M | $118M | $100M | $81M | $65M | |
| Net Income | $1.06B | $888M | $845M | $679M | $745M | $582M | $428M | $377M | $263M | $222M | $192M | $182M | |
| EPS (Basic) | $13.17 | $10.77 | $10.17 | $8.12 | $8.74 | $6.82 | $4.97 | $4.34 | $3.00 | $2.47 | $2.07 | $1.82 | |
| EPS (Diluted) | $13.08 | $10.67 | $10.06 | $8.03 | $8.60 | $6.71 | $4.89 | $4.26 | $2.94 | $2.44 | $2.05 | $1.79 | |
| Shares (Basic) | 80,427,000 | 82,467,000 | 83,066,000 | 83,623,000 | 85,200,000 | 85,342,000 | 86,115,000 | 86,864,000 | 87,769,000 | 89,732,000 | 92,601,000 | 100,094,000 | |
| Shares (Diluted) | 81,025,000 | 83,246,000 | 83,978,000 | 84,600,000 | 86,572,000 | 86,722,000 | 87,542,000 | 88,470,000 | 89,567,000 | 90,884,000 | 93,649,000 | 101,503,000 | |
| EBITDA | $1.51B | $1.26B | $1.21B | $1.01B | $1.04B | $791M | $641M | $575M | $496M | $428M | $369M | $319M |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $180M | $288M | $454M | $113M | $144M | $384M | $90M | $124M | $188M | $155M | $129M | $323M | |
| Receivables | $552M | $474M | $457M | $401M | $368M | $331M | $269M | $249M | $235M | $204M | $188M | $152M | |
| Inventory | $378M | $382M | $380M | $368M | $269M | $210M | $195M | $173M | $164M | $158M | $189M | $160M | |
| Prepaid Expense | $58M | $59M | $48M | $42M | $42M | $35M | $32M | $30M | $29M | $26M | $27M | $33M | |
| Other Current Assets | $304M | $256M | $204M | $220M | $174M | $138M | $125M | $108M | $101M | $91M | $62M | $86M | |
| Current Assets | $1.41B | $1.40B | $1.50B | $1.10B | $956M | $1.06B | $680M | $654M | $972M | $846M | $822M | $759M | |
| PP&E (Net) | $747M | $713M | $702M | $649M | $588M | $555M | $534M | $437M | $379M | $357M | $333M | $304M | |
| PP&E (Gross) | $1.67B | $1.55B | $1.49B | $1.36B | $1.24B | $1.14B | $1.05B | $906M | $812M | $743M | $679M | $604M | |
| Accum. Depreciation | $926M | $835M | $785M | $706M | $648M | $587M | $519M | $469M | $433M | $385M | $346M | $300M | |
| Goodwill | $414M | $405M | $366M | $362M | $359M | $243M | $240M | $214M | $200M | $178M | $179M | $184M | |
| Intangibles | $110M | $112M | $84M | $98M | $99M | $53M | $58M | $42M | $44M | $46M | $56M | $65M | |
| Other Non-current Assets | $542M | $548M | $497M | $418M | $330M | $290M | $240M | $190M | $119M | $103M | $85M | $72M | |
| Total Assets | $3.35B | $3.29B | $3.26B | $2.75B | $2.44B | $2.29B | $1.83B | $1.54B | $1.71B | $1.53B | $1.47B | $1.38B | |
| Accounts Payable | $110M | $114M | $111M | $110M | $116M | $75M | $72M | $70M | $67M | $60M | $53M | $45M | |
| Accrued Liabilities | $530M | $502M | $479M | $434M | $459M | $416M | $323M | $261M | $253M | $236M | $206M | $195M | |
| Current Liabilities | $1.15B | $1.07B | $952M | $1.24B | $764M | $583M | $725M | $770M | $1.00B | $935M | $857M | $821M | |
| Capital Leases | $101M | $98M | $100M | $101M | $87M | $77M | $67M | $0 | · | · | · | · | |
| Deferred Tax | $32M | $11M | $7M | $8M | $9M | $12M | $33M | $29M | $25M | $39M | $49M | $42M | |
| Other Non-current Liabilities | $57M | $44M | $66M | $68M | $71M | $86M | $81M | $85M | $96M | $39M | $29M | $32M | |
| Total Liabilities | $1.75B | $1.70B | $1.78B | $2.14B | $1.75B | $1.66B | $1.65B | $1.55B | $1.77B | $1.64B | $1.56B | $1.27B | |
| Long-term Debt | $450M | $618M | $698M | $770M | $851M | $909M | $699M | $602M | $607M | $594M | $597M | $350M | |
| Total Debt | $450M | $618M | $698M | $769M | $850M | $908M | · | · | · | · | · | · | |
| Common Stock | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $10M | $10M | $10M | $10M | |
| Retained Earnings | $6.39B | $5.33B | $4.44B | $3.60B | $2.92B | $2.18B | $1.60B | $1.17B | $804M | $540M | $318M | $1.68B | |
| Treasury Stock | $6.56B | $5.33B | $4.47B | $4.39B | $3.57B | $2.80B | $2.60B | $2.29B | $1.91B | $1.63B | $1.32B | $2.45B | |
| AOCI | $-69M | $-94M | $-71M | $-78M | $-53M | $-54M | $-46M | $-42M | $-36M | $-43M | $-42M | $-8M | |
| Stockholders' Equity | $1.61B | $1.60B | $1.48B | $609M | $690M | $632M | $177M | $-10M | $-54M | $-108M | $-84M | $118M | |
| Liabilities + Equity | $3.35B | $3.29B | $3.26B | $2.75B | $2.44B | $2.29B | $1.83B | $1.54B | $1.71B | $1.53B | $1.47B | $1.38B | |
| Shares Outstanding | 79,712,000 | 81,604,000 | 83,032,000 | 82,894,000 | 84,562,000 | 85,449,000 | 85,471,000 | 86,100,000 | 87,104,000 | · | · | 47,373,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $145M | $130M | $115M | $112M | $105M | $96M | $88M | $83M | $83M | $78M | $69M | $59M | |
| Stock-based Comp | $60M | $60M | $60M | $50M | $38M | $31M | $39M | $25M | $24M | $20M | $20M | $18M | |
| Deferred Tax | $131M | $-24M | $-48M | $-35M | $-3M | $-37M | $6M | $1M | $-8M | $21M | $5M | $830.0K | |
| Amort. of Intangibles | $20M | $17M | $14M | $15M | $12M | $10M | $9M | $9M | $9M | $10M | $10M | $10M | |
| Other Non-cash | $-214M | $-125M | $-65M | $-263M | $-128M | $-24M | $-102M | $-178M | $11M | $-6M | $-70M | $-24M | |
| Operating Cash Flow | $1.18B | $929M | $907M | $543M | $756M | $648M | $459M | $400M | $373M | $339M | $222M | $236M | |
| CapEx | $125M | $121M | $134M | $149M | $120M | $107M | $155M | $116M | $74M | $65M | $83M | $61M | |
| Investing Cash Flow | $-136M | $-207M | $-125M | $-195M | $-293M | $-109M | $-206M | $139M | $-139M | · | · | $-80M | |
| Stock Repurchased | $1.22B | $837M | $72M | $820M | $747M | $183M | $302M | $369M | $283M | $304M | $402M | $618M | |
| Net Stock Activity | $-1.22B | $-837M | $-72M | $-820M | $-747M | $-183M | $-302M | $-369M | $-283M | $-304M | $-402M | $-618M | |
| Financing Cash Flow | $-1.16B | $-878M | $-442M | $-371M | $-697M | $-248M | $-286M | $-598M | $-208M | · | · | $-103M | |
| Net Change in Cash | $-108M | $-166M | $341M | $-32M | $-239M | $294M | $-33M | $-64M | $33M | $26M | $-194M | $43M | |
| Taxes Paid | $167M | $307M | $192M | $240M | $162M | $111M | $88M | $70M | $81M | $75M | $55M | $60M | |
| Free Cash Flow | $1.06B | $808M | $773M | $394M | $636M | $541M | $304M | $284M | $299M | $270M | $133M | $175M | |
| Levered FCF | · | · | $740M | $363M | $611M | $512M | $279M | $256M | $273M | $248M | $113M | $164M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 61.8% | 61.0% | 59.8% | 59.5% | 58.8% | 58.0% | 56.7% | 56.1% | 55.7% | 54.9% | 55.6% | 54.9% | |
| Operating Margin | 31.6% | 28.9% | 30.0% | 26.7% | 29.0% | 25.7% | 23.0% | 22.2% | 21.0% | 19.7% | 18.7% | 17.5% | |
| Net Margin | 24.6% | 22.8% | 23.1% | 20.2% | 23.2% | 21.5% | 17.8% | 17.0% | 13.4% | 12.5% | 12.0% | 12.2% | |
| Pretax Margin | 30.8% | 28.5% | 29.0% | 25.5% | 28.1% | 24.5% | 21.7% | 20.7% | 19.4% | 18.1% | 17.1% | 16.6% | |
| EBITDA Margin | 35.0% | 32.3% | 33.1% | 30.0% | 32.2% | 29.2% | 26.6% | 26.0% | 25.2% | 24.1% | 23.0% | 21.5% | |
| ROA | 31.9% | 27.1% | 28.1% | 26.2% | 31.5% | 28.2% | 24.8% | 23.0% | 16.2% | 14.8% | 13.4% | 13.9% | |
| ROE | 69.2% | 55.3% | 60.8% | 125.2% | 112.7% | 143.7% | 509.3% | -1185.3% | -323.9% | -230.7% | 1150.5% | 57.2% | |
| ROIC | 52.9% | 40.8% | 40.0% | 51.5% | 49.9% | 39.6% | 255.2% | -4254.4% | -527.4% | -223.0% | -250.8% | 163.4% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.2 | 1.3 | 1.6 | 0.9 | 1.3 | 1.8 | 0.9 | 0.8 | 1.0 | 0.9 | 1.0 | 0.9 | |
| Quick Ratio | 0.6 | 0.7 | 1.0 | 0.4 | 0.7 | 1.2 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.6 | |
| Debt / Equity | 0.3 | 0.4 | 0.5 | 1.3 | 1.2 | 1.4 | · | · | · | · | · | · | |
| LT Debt / Equity | 0.2 | 0.3 | 0.4 | 1.1 | 1.1 | 1.4 | · | · | · | · | · | · | |
| Interest Coverage | · | · | 26.4 | 22.5 | 31.3 | 21.0 | 17.8 | 14.1 | 11.1 | 10.9 | 10.3 | 16.9 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 1.3 | 1.2 | 1.2 | 1.3 | 1.4 | 1.3 | 1.4 | 1.3 | 1.2 | 1.2 | 1.1 | 1.1 | |
| Inventory Turnover | 4.3 | 4.0 | 3.9 | 4.3 | 5.5 | 5.6 | 5.7 | 5.8 | 5.4 | 4.6 | 4.1 | 4.6 | |
| Receivables Turnover | 8.4 | 8.4 | 8.5 | 8.8 | 9.2 | 9.0 | 9.3 | 9.1 | 9.0 | 9.0 | 9.4 | 9.6 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $20.14 | $19.55 | $17.88 | $7.34 | $8.16 | $7.40 | $2.08 | $-0.11 | · | · | · | · | |
| Revenue / Share | $53.12 | $46.82 | $43.59 | $39.80 | $37.14 | $31.21 | $27.49 | $25.02 | $21.98 | $19.54 | $17.11 | $29.28 | |
| Cash Flow / Share | $14.59 | $11.16 | $10.79 | $6.42 | $8.73 | $7.47 | $5.25 | $4.52 | $4.17 | $3.68 | $2.31 | $4.65 | |
| Cash / Share | $2.26 | $3.53 | $5.47 | $1.36 | $1.71 | $4.49 | $1.06 | $1.44 | · | · | · | · | |
| EPS (TTM) | $13.08 | $10.67 | $10.06 | $8.03 | $8.60 | $6.71 | $4.89 | $4.26 | $2.94 | $2.44 | $2.05 | $1.79 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 10.4% | 6.5% | 8.7% | 4.7% | 18.8% | · | · | · | · | · | · | · | |
| Revenue CAGR 3Y | 8.5% | 6.6% | 10.6% | · | · | · | · | · | · | · | · | · | |
| Revenue CAGR 5Y | 9.7% | · | · | · | · | · | · | · | · | · | · | · | |
| EPS YoY | 22.6% | 6.1% | 25.3% | -6.6% | 28.2% | · | · | · | · | · | · | · | |
| EPS CAGR 3Y | 17.7% | 7.4% | 14.4% | · | · | · | · | · | · | · | · | · | |
| EPS CAGR 5Y | 14.3% | · | · | · | · | · | · | · | · | · | · | · | |
| Net Income YoY | 19.3% | 5.1% | 24.4% | -8.8% | 28.0% | · | · | · | · | · | · | · | |
| Net Income CAGR 3Y | 16.0% | 6.0% | 13.2% | · | · | · | · | · | · | · | · | · | |
| Net Income CAGR 5Y | 12.7% | · | · | · | · | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $4.30B | $3.90B | $3.66B | $3.37B | $3.22B | $2.71B | $2.41B | $2.21B | $1.97B | $1.78B | $1.60B | $1.49B | |
| Net Income TTM | $1.06B | $888M | $845M | $679M | $745M | $582M | $428M | $377M | $263M | $222M | $192M | $182M | |
| Market Cap | $53.93B | $33.74B | $46.09B | $33.82B | $55.68B | $42.71B | $22.32B | $16.02B | · | · | · | · | |
| Enterprise Value | $54.20B | $34.07B | $46.33B | $34.47B | $56.39B | $43.24B | · | · | · | · | · | · | |
| P/E | 51.7 | 38.7 | 55.2 | 50.8 | 76.6 | 74.5 | 53.4 | 43.7 | 53.2 | 48.1 | 35.6 | 41.4 | |
| P/S | 12.5 | 8.7 | 12.6 | 10.0 | 17.3 | 15.8 | 9.3 | 7.2 | · | · | · | · | |
| P/B | 33.6 | 21.1 | 31.0 | 55.6 | 80.7 | 67.6 | 125.8 | -1683.6 | · | · | · | · | |
| P / Tangible Book | 49.9 | 31.3 | 44.6 | 226.6 | 240.4 | 127.0 | · | · | · | · | · | · | |
| P / Cash Flow | 45.6 | 36.3 | 50.8 | 62.3 | 73.7 | 65.9 | 48.6 | 40.0 | · | · | · | · | |
| P / FCF | 51.0 | 41.8 | 59.6 | 85.8 | 87.5 | 78.9 | 73.4 | 56.3 | · | · | · | · | |
| EV / EBITDA | 36.0 | 27.1 | 38.2 | 34.1 | 54.4 | 54.7 | · | · | · | · | · | · | |
| EV / FCF | 51.3 | 42.2 | 59.9 | 87.5 | 88.7 | 79.9 | · | · | · | · | · | · | |
| EV / Revenue | 12.6 | 8.7 | 12.7 | 10.2 | 17.5 | 16.0 | · | · | · | · | · | · | |
| Earnings Yield | 1.9% | 2.6% | 1.8% | 2.0% | 1.3% | 1.3% | 1.9% | 2.3% | 1.9% | 2.1% | 2.8% | 2.4% |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.14B | $1.09B | $1.11B | $1.11B | $998M | $954M | $976M | $1.00B | $964M | $902M | $916M | $944M | $900M | $829M | $842M | |
| Cost of Revenue | $437M | $418M | $432M | $422M | $415M | $375M | $384M | $380M | $384M | $371M | $375M | $368M | $371M | $357M | $344M | $335M | |
| Gross Profit | $779M | $723M | $658M | $683M | $695M | $623M | $571M | $596M | $619M | $593M | $526M | $548M | $573M | $543M | $485M | $507M | |
| R&D Expense | $65M | $66M | $67M | $63M | $62M | $59M | $58M | $54M | $55M | $53M | $52M | $48M | $47M | $45M | $43M | $48M | |
| SG&A Expense | $117M | $119M | $109M | $106M | $99M | $92M | $101M | $92M | $157M | $92M | $87M | $89M | $90M | $70M | $83M | $84M | |
| Operating Expenses | $354M | $360M | $343M | $329M | $322M | $307M | $309M | $292M | $355M | $294M | · | · | · | · | · | · | |
| Operating Income | $426M | $363M | $316M | $355M | $373M | $317M | $262M | $304M | $264M | $299M | $245M | $275M | $296M | $280M | $227M | $245M | |
| Interest Expense | · | · | · | · | · | · | · | · | · | $8M | · | $9M | $11M | $13M | · | $11M | |
| Pretax Income | $417M | $355M | $307M | $345M | $362M | $310M | $256M | $299M | $259M | $295M | $240M | $268M | $286M | $268M | $213M | $234M | |
| Income Tax | $79M | $77M | $59M | $70M | $68M | $67M | $40M | $66M | $56M | $60M | $45M | $56M | $62M | $54M | $41M | $53M | |
| Net Income | $338M | $278M | $248M | $275M | $294M | $243M | $216M | $233M | $203M | $236M | $195M | $212M | $224M | $214M | $172M | $181M | |
| EPS (Basic) | $4.29 | $3.50 | $3.10 | $3.43 | $3.66 | $2.98 | $2.64 | $2.83 | $2.46 | $2.84 | $2.34 | $2.55 | $2.70 | $2.58 | $2.08 | $2.17 | |
| EPS (Diluted) | $4.27 | $3.47 | $3.09 | $3.40 | $3.63 | $2.96 | $2.62 | $2.80 | $2.44 | $2.81 | $2.31 | $2.53 | $2.67 | $2.55 | $2.05 | $2.15 | |
| Shares (Basic) | 78,954,000 | 79,648,000 | · | 80,096,000 | 80,413,000 | 81,319,000 | · | 82,304,000 | 82,630,000 | 83,096,000 | · | 83,097,000 | 83,086,000 | 82,992,000 | · | 83,247,000 | |
| Shares (Diluted) | 79,312,000 | 80,162,000 | · | 80,675,000 | 80,994,000 | 81,922,000 | · | 83,056,000 | 83,393,000 | 83,957,000 | · | 83,993,000 | 83,983,000 | 83,959,000 | · | 84,113,000 | |
| EBITDA | $426M | $400M | · | $355M | $373M | $351M | · | $304M | $264M | $329M | · | $275M | $296M | $309M | · | $245M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $197M | $201M | $180M | $208M | $165M | $164M | $288M | $309M | $402M | $397M | · | $332M | $133M | $111M | · | $99M | |
| Receivables | $627M | $604M | $552M | $567M | $561M | $527M | $474M | $511M | $534M | $507M | · | $453M | $462M | $446M | · | $388M | |
| Inventory | $392M | $382M | $378M | $392M | $393M | $396M | $382M | $390M | $380M | $391M | · | $394M | $395M | $391M | · | $355M | |
| Prepaid Expense | $62M | $64M | $58M | $61M | $46M | $53M | $59M | $57M | $46M | $48M | · | $50M | $39M | $40M | · | $40M | |
| Other Current Assets | $294M | $268M | $304M | $310M | $245M | $230M | $256M | $224M | $213M | $207M | · | $206M | $189M | $201M | · | $217M | |
| Current Assets | $1.51B | $1.45B | $1.41B | $1.48B | $1.36B | $1.32B | $1.40B | $1.43B | $1.53B | $1.50B | · | $1.38B | $1.18B | $1.15B | · | $1.06B | |
| PP&E (Net) | $733M | $740M | $747M | $739M | $740M | $718M | $713M | $718M | $708M | $709M | · | $687M | $683M | $665M | · | $612M | |
| PP&E (Gross) | · | · | $1.67B | · | · | · | $1.55B | · | · | · | · | · | · | · | · | · | |
| Accum. Depreciation | · | · | $926M | · | · | · | $835M | · | · | · | · | · | · | · | · | · | |
| Goodwill | $411M | $412M | $414M | $414M | $414M | $407M | $405M | $412M | $408M | $409M | $366M | $362M | $364M | $363M | $362M | $355M | |
| Intangibles | $98M | $105M | $110M | $115M | $104M | $107M | $112M | $107M | $111M | $115M | · | $87M | $91M | $94M | · | $100M | |
| Other Non-current Assets | $568M | $553M | $542M | $514M | $581M | $548M | $548M | $559M | $540M | $499M | · | $448M | $439M | $421M | · | $403M | |
| Total Assets | $3.44B | $3.39B | $3.35B | $3.39B | $3.33B | $3.21B | $3.29B | $3.35B | $3.41B | $3.35B | · | $3.09B | $2.87B | $2.81B | · | $2.64B | |
| Accounts Payable | $129M | $130M | $110M | $122M | $117M | $120M | $114M | $111M | $117M | $117M | · | $113M | $108M | $118M | · | $110M | |
| Accrued Liabilities | $453M | $454M | $530M | $489M | $417M | $491M | $502M | $511M | $541M | $476M | · | $420M | $399M | $404M | · | $406M | |
| Current Liabilities | $1.29B | $1.30B | $1.15B | $1.25B | $1.22B | $1.14B | $1.07B | $1.01B | $1.12B | $957M | · | $970M | $884M | $1.07B | · | $1.19B | |
| Capital Leases | $101M | $99M | $101M | $106M | $108M | $97M | $98M | $103M | $103M | $104M | · | $101M | $97M | $98M | · | $93M | |
| Deferred Tax | $53M | $45M | $32M | $4M | $2M | $8M | $11M | $6M | $10M | $9M | · | $11M | $6M | $6M | · | $14M | |
| Other Non-current Liabilities | $57M | $54M | $57M | $58M | $57M | $48M | $44M | $63M | $53M | $66M | · | $60M | $64M | $71M | · | $71M | |
| Total Liabilities | $1.83B | $1.83B | $1.75B | $1.83B | $1.87B | $1.77B | $1.70B | $1.73B | $1.83B | $1.78B | · | $1.79B | $1.78B | $1.97B | · | $2.16B | |
| Long-term Debt | $450M | $450M | $450M | $525M | $525M | $621M | $618M | $624M | $695M | $696M | · | $769M | $772M | $771M | · | $761M | |
| Total Debt | $450M | $450M | · | $525M | $525M | $621M | · | $624M | $695M | $696M | · | $769M | $772M | $771M | · | $761M | |
| Common Stock | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M | $11M | · | $11M | $11M | $11M | · | $11M | |
| Retained Earnings | $7.01B | $6.67B | $6.39B | $6.14B | $5.87B | $5.58B | $5.33B | $5.12B | $4.88B | $4.68B | · | $4.25B | $4.04B | $3.81B | · | $3.43B | |
| Treasury Stock | $7.26B | $6.93B | $6.56B | $6.32B | $6.08B | $5.75B | $5.33B | $5.09B | $4.86B | $4.65B | · | $4.44B | $4.40B | $4.40B | · | $4.32B | |
| AOCI | $-64M | $-65M | $-69M | $-73M | $-77M | $-90M | $-94M | $-76M | $-85M | $-80M | · | $-75M | $-74M | $-77M | · | $-81M | |
| Stockholders' Equity | $1.61B | $1.56B | $1.61B | $1.56B | $1.46B | $1.45B | $1.60B | $1.62B | $1.58B | $1.57B | $1.48B | $1.30B | $1.09B | $841M | $609M | $476M | |
| Liabilities + Equity | $3.44B | $3.39B | $3.35B | $3.39B | $3.33B | $3.21B | $3.29B | $3.35B | $3.41B | $3.35B | · | $3.09B | $2.87B | $2.81B | · | $2.64B | |
| Shares Outstanding | 78,874,000 | 79,240,000 | 79,712,000 | 79,999,000 | 80,150,000 | 80,740,000 | 81,604,000 | 82,037,000 | 82,477,000 | 82,873,000 | · | 83,068,000 | 83,060,000 | 83,004,000 | · | 82,995,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $41M | $38M | $39M | $37M | $36M | $34M | $34M | $34M | $32M | $30M | $30M | $29M | $28M | $28M | $29M | $29M | |
| Stock-based Comp | $16M | $16M | $16M | $14M | $15M | $15M | $14M | $16M | $16M | $14M | $15M | $15M | $15M | $14M | $13M | $13M | |
| Deferred Tax | · | · | · | · | · | · | $5M | $-7M | $-19M | $-3M | $-34M | $-2M | $-9M | $-4M | $2M | $-13M | |
| Other Non-cash | · | $-66M | · | · | · | $-53M | · | · | · | $-79M | · | · | · | $-69M | · | · | |
| Operating Cash Flow | $347M | $266M | $356M | $402M | $186M | $238M | $262M | $220M | $248M | $199M | $250M | $272M | $200M | $184M | $173M | $189M | |
| CapEx | $25M | $32M | $29M | $31M | $34M | $30M | $29M | $28M | $33M | $30M | $33M | $34M | $27M | $40M | $49M | $38M | |
| Investing Cash Flow | $-25M | $-34M | $-28M | $-45M | $-34M | $-30M | $-40M | $-27M | $-33M | $-107M | $-30M | $-28M | $-27M | $-40M | $-49M | $-49M | |
| Stock Repurchased | $347M | $351M | $238M | $240M | $338M | $401M | $246M | $221M | $216M | $155M | $37M | $35M | $0 | $0 | $74M | $173M | |
| Net Stock Activity | · | $-351M | · | · | · | $-401M | · | · | · | $-155M | · | · | · | $0 | · | · | |
| Financing Cash Flow | $-325M | $-211M | $-356M | $-313M | $-166M | $-330M | $-233M | $-291M | $-210M | $-144M | $-102M | $-43M | $-151M | $-146M | $-117M | $-149M | |
| Net Change in Cash | $-4M | $20M | $-28M | $44M | $624.0K | $-124M | $-20M | $-93M | $4M | $-56M | $122M | $199M | $21M | $-1M | $13M | $-15M | |
| Taxes Paid | $85M | $22M | $17M | $13M | $122M | $16M | $74M | $142M | $78M | $13M | $32M | · | · | · | · | · | |
| Free Cash Flow | · | $234M | · | · | · | $208M | · | · | · | $168M | · | · | · | $144M | · | · | |
| Levered FCF | · | · | · | · | · | · | · | · | · | $162M | · | · | · | $134M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 64.0% | 63.3% | · | 61.8% | 62.6% | 62.4% | · | 61.1% | 61.7% | 61.5% | · | 59.9% | 60.7% | 60.3% | · | 60.2% | |
| Operating Margin | 35.0% | 31.8% | · | 32.1% | 33.6% | 31.7% | · | 31.1% | 26.3% | 31.0% | · | 30.1% | 31.4% | 31.1% | · | 29.1% | |
| Net Margin | 27.8% | 24.4% | · | 24.9% | 26.5% | 24.3% | · | 23.9% | 20.3% | 24.4% | · | 23.2% | 23.8% | 23.8% | · | 21.5% | |
| Pretax Margin | 34.3% | 31.2% | · | 31.2% | 32.7% | 31.1% | · | 30.6% | 25.8% | 30.6% | · | 29.3% | 30.3% | 29.7% | · | 27.8% | |
| EBITDA Margin | 35.0% | 35.1% | · | 32.1% | 33.6% | 35.1% | · | 31.1% | 26.3% | 34.1% | · | 30.1% | 31.4% | 34.3% | · | 29.1% | |
| ROA | 10.0% | 8.4% | · | 8.2% | 8.7% | 7.4% | · | 7.2% | 6.5% | 7.6% | · | 7.4% | 8.2% | 7.9% | · | 7.2% | |
| ROE | 22.0% | 18.5% | · | 17.3% | 19.4% | 16.1% | · | 16.0% | 15.2% | 19.6% | · | 23.9% | 28.9% | 28.9% | · | 29.4% | |
| ROIC | 16.7% | 14.2% | · | 13.6% | 15.3% | 12.0% | · | 10.6% | 9.1% | 10.5% | · | 10.5% | 12.4% | 13.9% | · | 15.3% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.2 | 1.1 | · | 1.2 | 1.1 | 1.2 | · | 1.4 | 1.4 | 1.6 | · | 1.4 | 1.3 | 1.1 | · | 0.9 | |
| Quick Ratio | 0.6 | 0.6 | · | 0.6 | 0.6 | 0.6 | · | 0.8 | 0.8 | 0.9 | · | 0.8 | 0.7 | 0.5 | · | 0.4 | |
| Debt / Equity | 0.3 | 0.3 | · | 0.3 | 0.4 | 0.4 | · | 0.4 | 0.4 | 0.4 | · | 0.6 | 0.7 | 0.9 | · | 1.6 | |
| LT Debt / Equity | 0.2 | 0.2 | · | 0.2 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.4 | · | 0.5 | 0.6 | 0.8 | · | 1.6 | |
| Interest Coverage | · | · | · | · | · | · | · | · | · | 37.8 | · | 31.8 | 28.1 | 21.4 | · | 22.3 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.4 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | 0.3 | 0.3 | · | 0.3 | |
| Inventory Turnover | 1.1 | 1.1 | · | 1.1 | 1.1 | 1.0 | · | 1.0 | 1.0 | 0.9 | · | 1.0 | 1.0 | 1.0 | · | 1.1 | |
| Receivables Turnover | 2.0 | 2.0 | · | 2.1 | 2.0 | 1.9 | · | 2.0 | 2.0 | 2.0 | · | 2.2 | 2.2 | 2.1 | · | 2.2 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $20.45 | $19.64 | · | $19.52 | $18.20 | $17.93 | · | $19.72 | $19.16 | $18.93 | · | $15.62 | $13.17 | $10.13 | · | $5.74 | |
| Revenue / Share | $15.34 | $14.23 | · | $13.70 | $13.70 | $12.19 | · | $11.75 | $12.03 | $11.48 | · | $10.90 | $11.24 | $10.72 | · | $10.01 | |
| Cash Flow / Share | · | $3.32 | · | · | · | $2.90 | · | · | · | $2.37 | · | · | · | $2.19 | · | · | |
| Cash / Share | $2.50 | $2.53 | · | $2.60 | $2.05 | $2.03 | · | $3.76 | $4.87 | $4.80 | · | $3.99 | $1.60 | $1.34 | · | $1.20 | |
| EPS (TTM) | $14.23 | $13.59 | · | $12.61 | $12.01 | $10.82 | · | $10.36 | $10.09 | $10.32 | · | $9.80 | $9.42 | $8.31 | · | $7.86 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $4.55B | $4.45B | · | $4.17B | $4.04B | $3.93B | · | $3.84B | $3.78B | $3.72B | · | $3.59B | $3.51B | $3.43B | · | $3.34B | |
| Net Income TTM | $1.14B | $1.10B | · | $1.03B | $986M | $895M | · | $866M | $846M | $867M | · | $823M | $791M | $699M | · | $670M | |
| Market Cap | $41.52B | $44.52B | · | $51.11B | $42.99B | $33.91B | · | $41.45B | $40.18B | $44.75B | · | $36.32B | $41.72B | $41.51B | · | $27.04B | |
| Enterprise Value | $41.78B | $44.77B | · | $51.43B | $43.35B | $34.36B | · | $41.76B | $40.48B | $45.04B | · | $36.76B | $42.35B | $42.17B | · | $27.70B | |
| P/E | 37.0 | 41.3 | · | 50.7 | 44.7 | 38.8 | · | 48.8 | 48.3 | 52.3 | · | 44.6 | 53.3 | 60.2 | · | 41.5 | |
| P/S | 9.1 | 10.0 | · | 12.3 | 10.6 | 8.6 | · | 10.8 | 10.6 | 12.0 | · | 10.1 | 11.9 | 12.1 | · | 8.1 | |
| P/B | 25.7 | 28.6 | · | 32.7 | 29.5 | 23.4 | · | 25.6 | 25.4 | 28.5 | · | 28.0 | 38.1 | 49.4 | · | 56.8 | |
| P / Tangible Book | 37.6 | 42.8 | · | 49.5 | 45.7 | 36.3 | · | 37.7 | 37.9 | 42.8 | · | 42.8 | 65.3 | 108.2 | · | 1303.8 | |
| P / Cash Flow | · | 167.2 | · | · | · | 142.5 | · | · | · | 225.3 | · | · | · | 225.7 | · | · | |
| EV / Revenue | 9.2 | 10.1 | · | 12.3 | 10.7 | 8.7 | · | 10.9 | 10.7 | 12.1 | · | 10.2 | 12.1 | 12.3 | · | 8.3 | |
| Earnings Yield | 2.7% | 2.4% | · | 2.0% | 2.2% | 2.6% | · | 2.1% | 2.1% | 1.9% | · | 2.2% | 1.9% | 1.7% | · | 2.4% |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Revenue | $4.30B | $3.90B | $3.66B | $3.37B | $3.22B |
| Gross Margin % | 61.8% | 61.0% | 59.8% | 59.5% | 58.8% |
| Operating Margin % | 31.6% | 28.9% | 30.0% | 26.7% | 29.0% |
| Net Income | $1.06B | $888M | $845M | $679M | $745M |
| Diluted EPS | $13.08 | $10.67 | $10.06 | $8.03 | $8.60 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Debt / Equity | 0.3 | 0.4 | 0.5 | 1.3 | 1.2 |
| Current Ratio | 1.2 | 1.3 | 1.6 | 0.9 | 1.3 |
| Quick Ratio | 0.6 | 0.7 | 1.0 | 0.4 | 0.7 |
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Free Cash Flow | $1.06B | $808M | $773M | $394M | $636M |
Institutional owners (13F) 1,387 filers · $45.1B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 108 (-41 vs prior Q) | 103 (-65 vs prior Q) | 463 (+36 vs prior Q) | 502 (-8 vs prior Q) | +1.5M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $6,728,312,752 | 9,945,328 | 14.92% | Shares |
| BlackRock, Inc. | $4,301,108,318 | 8,170,178 | 9.54% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $2,712,331,011 | 5,152,213 | 6.01% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,051,284,515 | 3,896,521 | 4.55% | Shares |
| STATE STREET CORP | $1,973,444,570 | 3,748,660 | 4.38% | Shares |
| Invesco Ltd. | $1,901,193,880 | 3,611,416 | 4.21% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,345,877,922 | 2,562,886 | 2.98% | Shares |
| BAMCO INC /NY/ | $1,040,655,010 | 1,976,778 | 2.31% | Shares |
| MORGAN STANLEY | $713,908,136 | 1,356,103 | 1.58% | Shares |
| Bank of New York Mellon Corp | $628,223,174 | 1,193,343 | 1.39% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $561,752,542 | 1,067,078 | 1.25% | Shares |
| Fundsmith LLP | $536,909,312 | 1,019,887 | 1.19% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $489,849,521 | 871,789 | 1.09% | Shares |
| NORTHERN TRUST CORP | $483,344,042 | 918,137 | 1.07% | Shares |
| BLAIR WILLIAM & CO/IL | $483,202,669 | 917,868 | 1.07% | Shares |
| FMR LLC | $433,072,386 | 822,643 | 0.96% | Shares |
| AMERICAN CENTURY COMPANIES INC | $425,551,985 | 808,358 | 0.94% | Shares |
| Capital Research Global Investors | $415,467,340 | 789,111 | 0.92% | Shares |
| JPMORGAN CHASE & CO | $405,051,944 | 755,791 | 0.90% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $391,301,869 | 743,246 | 0.87% | Shares |
| GOLDMAN SACHS GROUP INC | $388,885,762 | 738,708 | 0.86% | Shares |
| WELLINGTON MANAGEMENT GROUP LLP | $382,561,317 | 726,695 | 0.85% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $342,411,843 | 650,429 | 0.76% | Shares |
| Legal & General Group Plc | $324,917,190 | 617,197 | 0.72% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $320,591,686 | 608,902 | 0.71% | Shares |
| FRANKLIN RESOURCES INC | $303,115,716 | 575,784 | 0.67% | Shares |
| Amundi | $299,926,028 | 569,725 | 0.66% | Shares |
| POLEN CAPITAL MANAGEMENT LLC | $280,268,269 | 532,384 | 0.62% | Shares |
| AustralianSuper Pty Ltd | $273,148,658 | 518,860 | 0.61% | Shares |
| Nuveen, LLC | $255,070,030 | 484,519 | 0.57% | Shares |
| BANK OF AMERICA CORP /DE/ | $251,111,058 | 476,998 | 0.56% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $237,773,470 | 451,663 | 0.53% | Shares |
| CIBC Private Wealth Group LLC | $236,733,534 | 370,539 | 0.52% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $221,904,000 | 421,519 | 0.49% | Shares |
| Alyeska Investment Group, L.P. | $211,145,608 | 401,082 | 0.47% | Shares |
| Clearbridge Investments, LLC | $199,784,875 | 379,502 | 0.44% | Shares |
| DEUTSCHE BANK AG\ | $198,968,524 | 377,951 | 0.44% | Shares |
| MONTRUSCO BOLTON INVESTMENTS INC. | $196,250,515 | 372,788 | 0.44% | Shares |
| UBS Group AG | $191,973,190 | 364,663 | 0.43% | Shares |
| NORGES BANK | $186,330,279 | 353,944 | 0.41% | Shares |
| BAILLIE GIFFORD & CO | $186,252,892 | 353,797 | 0.41% | Shares |
| NEUBERGER BERMAN GROUP LLC | $186,002,698 | 353,322 | 0.41% | Shares |
| CIBC Bancorp USA Inc. | $182,985,214 | 346,891 | 0.41% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $179,738,731 | 336,986 | 0.40% | Shares |
| FUNDSMITH INVESTMENT SERVICES LTD. | $172,176,414 | 327,058 | 0.38% | Shares |
| Squarepoint Ops LLC | $165,914,936 | 315,164 | 0.37% | Shares |
| WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC | $156,960,192 | 298,154 | 0.35% | Shares |
| ROYAL BANK OF CANADA | $144,424,000 | 274,340 | 0.32% | Shares |
| Point72 Asset Management, L.P. | $138,403,708 | 262,905 | 0.31% | Shares |
| RAYMOND JAMES FINANCIAL INC | $138,343,696 | 262,791 | 0.31% | Shares |
Company insiders 54 insiders · 33 officers · 20 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Jonathan Jay Mazelsky | President and CEO | Feb. 27, 2026 M | 83,803 | 0 | 13 | $-15,338,089 |
| Andrew Emerson | EVP, CFO and Treasurer | Aug. 20, 2026 M | 4,421 | 0 | 0 | $0 |
| Brian P Mckeon | EVP, CFO and Treasurer | Feb. 14, 2025 M | 31,550 | 0 | 0 | $0 |
| RAINES MERILEE | Executive VP & CFO | Feb. 25, 2013 M | 26,577 | 0 | 0 | $0 |
| George Fennell | Executive Vice President | June 1, 2026 M | 10,433 | 0 | 8 | $-7,337,011 |
| Nimrata Hunt | Executive Vice President | March 3, 2026 S | 18,141 | 0 | 6 | $-9,526,099 |
| Sharon E. Underberg | EVP, GC & Corporate Secretary | March 3, 2026 M | 7,138 | 0 | 0 | $0 |
| Michael Schreck | Executive Vice President | Feb. 14, 2026 M | 3,089 | 0 | 0 | $0 |
| Johnson Michael Perkins | Executive Vice President | Feb. 14, 2026 M | 2,795 | 0 | 0 | $0 |
| Michael Lane | Executive Vice President | Feb. 14, 2026 M | 8,024 | 0 | 0 | $0 |
| Martin Alexander Smith | Executive Vice President | Feb. 14, 2026 M | 2,157 | 0 | 0 | $0 |
| Michael G Erickson | Executive Vice President | Feb. 12, 2026 A | 15,092 | 0 | 6 | $-3,369,669 |
| James F Polewaczyk | Executive Vice President | March 6, 2024 M | 10,711 | 0 | 0 | $0 |
| Kathy V Turner | Senior Vice President | Feb. 16, 2023 M | 7,380 | 0 | 0 | $0 |
| Giovani Twigge | Senior Vice President | Feb. 23, 2022 M | 20,329 | 0 | 0 | $0 |
| Jacqueline Studer | CVP, Gen. Counsel & Secretary | Feb. 25, 2019 M | 4,389 | 0 | 0 | $0 |
| Michael J Williams | Executive Vice President | Aug. 11, 2016 M | 59,113 | 0 | 0 | $0 |
| Johnny Powers | Executive Vice President | Dec. 5, 2015 M | 25,961 | 0 | 0 | $0 |
| Jeffrey Fiarman | EVP, GEN COUNSEL & SECRETARY | June 1, 2014 M | 651 | 0 | 0 | $0 |
| Ali Naqui | Corporate Vice President | May 9, 2013 M | 17,513 | 0 | 0 | $0 |
| Conan R Deady | Corp VP and General Counsel | March 5, 2013 M | 2,225 | 0 | 0 | $0 |
| Daniel V Meyaard | Corporate Vice President | Feb. 14, 2013 M | 4,416 | 0 | 0 | $0 |
| William E Brown III | Executive Vice President | Feb. 14, 2013 M | 17,259 | 0 | 0 | $0 |
| William B. Goodspeed | Corporate Vice President | April 26, 2011 M | 4,620 | 0 | 0 | $0 |
| Thomas J Dupree | Corporate Vice President | Feb. 17, 2011 M | 5,683 | 0 | 0 | $0 |
| William C Wallen | Senior VP & CSO | Feb. 14, 2010 M | 20,057 | 0 | 0 | $0 |
| Sam S Fratoni | Corporate Vice President | Oct. 28, 2008 M | 51,156 | 0 | 0 | $0 |
| Irene C Kerr | Corporate Vice President | Feb. 14, 2008 A | 910 | 0 | 0 | $0 |
| Quentin J Tonelli | Corporate Vice President | May 23, 2007 M | 21,383 | 0 | 0 | $0 |
| Robert S Hulsy | Corporate Vice President | March 16, 2007 M | 26,232 | 0 | 0 | $0 |
| Jennifer A Joiner | Vice President | Feb. 14, 2006 A | · | 0 | 0 | $0 |
| Laurel E Labauve | Vice President | Feb. 14, 2006 A | · | 0 | 0 | $0 |
| POLLOCK LOUIS W | Senior Vice President | Jan. 28, 2004 S | 11,577 | 0 | 0 | $0 |
| Lawrence D Kingsley | Director | Sept. 4, 2026 M | 9,568 | 0 | 1 | $-1,172,172 |
| Joseph L Hooley | Director | July 30, 2026 A | 325 | 0 | 0 | $0 |
| Karen Peacock | Director | May 12, 2026 A | 102 | 0 | 0 | $0 |
| Sam Samad | Director | May 12, 2026 A | · | 0 | 0 | $0 |
| Irene Chang Britt | Director | May 12, 2026 A | 208 | 0 | 0 | $0 |
| Sophie V. Vandebroek | Director | May 12, 2026 A | 905 | 0 | 2 | $-920,297 |
| Bruce L. Claflin | Director | May 12, 2026 A | 161 | 0 | 0 | $0 |
| Stuart Essig | Director | May 12, 2026 A | 2,236 | 0 | 0 | $0 |
| JUNIUS DANIEL M | Director | May 12, 2026 A | 3,561 | 0 | 0 | $0 |
| SZOSTAK M ANNE | Director | May 7, 2026 M | 519 | 0 | 0 | $0 |
| Jonathan W Ayers | Director | Sept. 6, 2024 G | 122,605 | 0 | 0 | $0 |
| Asha Collins | Director | May 6, 2024 M | 779 | 0 | 0 | $0 |
| Rebecca M Henderson | Director | Feb. 23, 2021 M | 14,696 | 0 | 0 | $0 |
| William T End | Director | May 10, 2018 S | 31,786 | 0 | 0 | $0 |
| Thomas Craig | Director | April 28, 2017 A | 24,471 | 0 | 0 | $0 |
| Barry C Johnson | Director | Aug. 15, 2016 M | 3,560 | 0 | 0 | $0 |
| Robert J Murray | Director | May 6, 2015 M | 36,347 | 0 | 0 | $0 |
| Joseph V Vumbacco | Director | Aug. 9, 2012 M | 3,560 | 0 | 0 | $0 |
| Errol B Desouza | Director | April 30, 2009 A | 7,276 | 0 | 0 | $0 |
| GOOD MARY L PHD | · | April 29, 2005 A | 622 | 0 | 0 | $0 |
| James L Moody JR | · | April 29, 2005 A | 48,716 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 145 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PHO · Invesco Exchange-Traded Fund Trust | 6.88% | 249,168 SH | Oct. 1, 2026 | Daily |
| IHI · iShares Trust | 3.99% | 250,430 SH | Sept. 11, 2026 | Daily |
| PIO · Invesco Exchange-Traded Fund Trust … | 3.86% | 19,332 SH | Oct. 1, 2026 | Daily |
| NUMG · Nushares ETF Trust | 3.15% | 19,717 NS | July 31, 2026 | N-PORT |
| RSPH · Invesco Exchange-Traded Fund Trust | 1.66% | 27,727 SH | Oct. 1, 2026 | Daily |
| MEDI · Harbor ETF Trust | 1.40% | 1,034 NS | July 31, 2026 | N-PORT |
| NULG · Nushares ETF Trust | 1.32% | 63,133 NS | July 31, 2026 | N-PORT |
| CAML · Professionally Managed Portfolios | 1.31% | 8,628 NS | July 31, 2026 | N-PORT |
| QQQG · Pacer Funds Trust | 1.25% | 457 NS | July 31, 2026 | N-PORT |
| QQQE · Direxion Shares ETF Trust | 1.01% | 24,120 NS | July 31, 2026 | N-PORT |
| IWP · iShares Trust | 0.99% | 374,396 SH | Sept. 11, 2026 | Daily |
| VOT · VANGUARD INDEX FUNDS | 0.91% | 604,333 SH | Aug. 19, 2026 | Daily |
| RPG · Invesco Exchange-Traded Fund Trust | 0.86% | 31,683 SH | Oct. 1, 2026 | Daily |
| FLAG · Global X Funds | 0.82% | 25 NS | July 31, 2026 | N-PORT |
| EGUS · iShares Trust | 0.79% | 433 SH | Sept. 11, 2026 | Daily |
| JOET · Virtus ETF Trust II | 0.77% | 3,372 NS | July 31, 2026 | N-PORT |
| QNXT · iShares Trust | 0.77% | 413 SH | Sept. 11, 2026 | Daily |
| ALTL · Pacer Funds Trust | 0.73% | 1,206 NS | July 31, 2026 | N-PORT |
| PALC · Pacer Funds Trust | 0.69% | 2,603 NS | July 31, 2026 | N-PORT |
| JMID · Janus Detroit Street Trust | 0.66% | 278 NS | July 31, 2026 | N-PORT |
| IYH · iShares Trust | 0.65% | 46,284 SH | Sept. 11, 2026 | Daily |
| FHLC · FIDELITY COVINGTON TRUST | 0.64% | 37,781 NS | July 31, 2026 | N-PORT |
| VHT · VANGUARD WORLD FUND | 0.62% | 238,774 SH | Aug. 19, 2026 | Daily |
| PABU · iShares Trust | 0.61% | 30,323 SH | Sept. 11, 2026 | Daily |
| HQGO · Lattice Strategies Trust | 0.57% | 499 NS | July 31, 2026 | N-PORT |
| SPHQ · Invesco Exchange-Traded Fund Trust | 0.56% | 198,430 SH | Oct. 1, 2026 | Daily |
| NULC · Nushares ETF Trust | 0.54% | 682 NS | July 31, 2026 | N-PORT |
| IMCG · iShares Trust | 0.53% | 41,917 SH | Sept. 11, 2026 | Daily |
| DUHP · Dimensional ETF Trust | 0.52% | 114,993 NS | July 31, 2026 | N-PORT |
| IXJ · iShares Trust | 0.51% | 41,544 SH | Sept. 11, 2026 | Daily |
| CURE · Direxion Shares ETF Trust | 0.51% | 1,552 NS | July 31, 2026 | N-PORT |
| HIBL · Direxion Shares ETF Trust | 0.50% | 667 NS | July 31, 2026 | N-PORT |
| GARP · iShares Trust | 0.48% | 28,712 SH | Sept. 11, 2026 | Daily |
| COWG · Pacer Funds Trust | 0.47% | 18,496 NS | July 31, 2026 | N-PORT |
| FXH · First Trust Exchange-Traded AlphaDE… | 0.45% | 8,415 NS | July 31, 2026 | N-PORT |
| FQAL · FIDELITY COVINGTON TRUST | 0.44% | 11,141 NS | July 31, 2026 | N-PORT |
| SUSA · iShares Trust | 0.44% | 34,929 SH | Sept. 11, 2026 | Daily |
| VO · VANGUARD INDEX FUNDS | 0.40% | 1,709,467 SH | Aug. 19, 2026 | Daily |
| ESLV · Strategy Shares | 0.38% | 96 NS | July 31, 2026 | N-PORT |
| ESLG · Strategy Shares | 0.35% | 146 NS | July 31, 2026 | N-PORT |
| LCOW · Pacer Funds Trust | 0.34% | 157 NS | July 31, 2026 | N-PORT |
| ESUM · Strategy Shares | 0.30% | 965 NS | July 31, 2026 | N-PORT |
| IWR · iShares Trust | 0.29% | 323,970 SH | Sept. 11, 2026 | Daily |
| ESGU · iShares Trust | 0.27% | 96,784 SH | Sept. 11, 2026 | Daily |
| IMCB · iShares Trust | 0.27% | 8,898 SH | Sept. 11, 2026 | Daily |
| JQUA · J.P. Morgan Exchange-Traded Fund Tr… | 0.27% | 39,090 NS | July 31, 2026 | N-PORT |
| QUAL · iShares Trust | 0.27% | 244,067 SH | Sept. 11, 2026 | Daily |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.26% | 23,347 SH | Oct. 1, 2026 | Daily |
| VFQY · VANGUARD WELLINGTON FUND | 0.25% | 2,224 SH | Aug. 19, 2026 | Daily |
| XOEF · iShares Trust | 0.22% | 98 SH | Sept. 11, 2026 | Daily |
| CATH · Global X Funds | 0.21% | 4,855 NS | July 31, 2026 | N-PORT |
| RSP · Invesco Exchange-Traded Fund Trust | 0.21% | 379,766 SH | Oct. 1, 2026 | Daily |
| QYLD · Global X Funds | 0.20% | 29,277 NS | July 31, 2026 | N-PORT |
| PTNQ · Pacer Funds Trust | 0.20% | 4,308 NS | July 31, 2026 | N-PORT |
| QYLG · Global X Funds | 0.20% | 566 NS | July 31, 2026 | N-PORT |
| QTR · Global X Funds | 0.19% | 26 NS | July 31, 2026 | N-PORT |
| QQWZ · Pacer Funds Trust | 0.19% | 173 NS | July 31, 2026 | N-PORT |
| QRMI · Global X Funds | 0.19% | 48 NS | July 31, 2026 | N-PORT |
| QSIX · Pacer Funds Trust | 0.19% | 61 NS | July 31, 2026 | N-PORT |
| QCLR · Global X Funds | 0.19% | 11 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.18% | 6,943 SH | Sept. 11, 2026 | Daily |
| SIZE · iShares Trust | 0.18% | 1,475 SH | Sept. 11, 2026 | Daily |
| DFVX · Dimensional ETF Trust | 0.17% | 1,646 NS | July 31, 2026 | N-PORT |
| QQQM · Invesco Exchange-Traded Fund Trust … | 0.17% | 362,065 SH | Oct. 1, 2026 | Daily |
| QQQ · Invesco QQQ Trust, Series 1 | 0.17% | 1,645,067 SH | Oct. 1, 2026 | Daily |
| USXF · iShares Trust | 0.16% | 4,688 SH | Sept. 11, 2026 | Daily |
| RILA · Spinnaker ETF Series | 0.15% | 113 NS | July 31, 2026 | N-PORT |
| AQLT · iShares Trust | 0.15% | 956 SH | Sept. 11, 2026 | Daily |
| CHRI · Global X Funds | 0.13% | 19 NS | July 31, 2026 | N-PORT |
| IQSU · New York Life Investments ETF Trust | 0.13% | 770 NS | July 31, 2026 | N-PORT |
| VUG · VANGUARD INDEX FUNDS | 0.13% | 941,361 SH | Aug. 19, 2026 | Daily |
| ROUS · Lattice Strategies Trust | 0.13% | 1,610 NS | July 31, 2026 | N-PORT |
| ESG · FlexShares Trust | 0.13% | 300 NS | July 31, 2026 | N-PORT |
| DXUV · Dimensional ETF Trust | 0.12% | 1,228 NS | July 31, 2026 | N-PORT |
| QLC · FlexShares Trust | 0.12% | 2,240 NS | July 31, 2026 | N-PORT |
| VOOG · VANGUARD ADMIRAL FUNDS | 0.12% | 58,565 SH | Aug. 19, 2026 | Daily |
| ILCG · iShares Trust | 0.12% | 7,361 SH | Sept. 11, 2026 | Daily |
| SUSL · iShares Trust | 0.12% | 2,794 SH | Sept. 11, 2026 | Daily |
| JPME · J.P. Morgan Exchange-Traded Fund Tr… | 0.11% | 955 NS | July 31, 2026 | N-PORT |
| DSI · iShares Trust | 0.11% | 12,056 SH | Sept. 11, 2026 | Daily |
| IVW · iShares Trust | 0.11% | 168,213 SH | Sept. 11, 2026 | Daily |
| IUSG · iShares Trust | 0.11% | 69,463 SH | Sept. 11, 2026 | Daily |
| MPLY · Strategy Shares | 0.11% | 30 NS | July 31, 2026 | N-PORT |
| IWF · iShares Trust | 0.10% | 249,653 SH | Sept. 11, 2026 | Daily |
| EGLE · Global X Funds | 0.10% | 4 NS | July 31, 2026 | N-PORT |
| GLBL · Pacer Funds Trust | 0.10% | 2 NS | July 31, 2026 | N-PORT |
| VONG · VANGUARD SCOTTSDALE FUNDS | 0.10% | 104,566 SH | Aug. 19, 2026 | Daily |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.10% | 1,490 SH | Oct. 1, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.10% | 3,033 SH | Oct. 1, 2026 | Daily |
| DFSU · Dimensional ETF Trust | 0.09% | 3,489 NS | July 31, 2026 | N-PORT |
| DFAC · Dimensional ETF Trust | 0.08% | 68,840 NS | July 31, 2026 | N-PORT |
| DFAU · Dimensional ETF Trust | 0.08% | 17,657 NS | July 31, 2026 | N-PORT |
| USCL · iShares Trust | 0.08% | 4,192 SH | Sept. 11, 2026 | Daily |
| LGDX · Tidal Trust III | 0.08% | 191 NS | July 31, 2026 | N-PORT |
| XYLG · Global X Funds | 0.07% | 85 NS | July 31, 2026 | N-PORT |
| TOPC · iShares Trust | 0.07% | 48 SH | Sept. 11, 2026 | Daily |
| XRMI · Global X Funds | 0.07% | 64 NS | July 31, 2026 | N-PORT |
| VV · VANGUARD INDEX FUNDS | 0.07% | 92,128 SH | Aug. 19, 2026 | Daily |
| ESGV · VANGUARD WORLD FUND | 0.07% | 17,862 SH | Aug. 19, 2026 | Daily |
| PTLC · Pacer Funds Trust | 0.07% | 4,052 NS | July 31, 2026 | N-PORT |
| LRGF · iShares Trust | 0.07% | 4,976 SH | Sept. 11, 2026 | Daily |
| XVV · iShares Trust | 0.07% | 905 SH | Sept. 11, 2026 | Daily |
| BKLC · BNY Mellon ETF Trust | 0.07% | 6,642 NS | July 31, 2026 | N-PORT |
| ESGG · FlexShares Trust | 0.07% | 133 NS | July 31, 2026 | N-PORT |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.07% | 10,452 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.07% | 1,281 NS | July 31, 2026 | N-PORT |
| XYLD · Global X Funds | 0.06% | 3,740 NS | July 31, 2026 | N-PORT |
| DCOR · Dimensional ETF Trust | 0.06% | 3,824 NS | July 31, 2026 | N-PORT |
| GLOF · iShares Trust | 0.06% | 253 SH | Sept. 11, 2026 | Daily |
| DFUS · Dimensional ETF Trust | 0.06% | 23,667 NS | July 31, 2026 | N-PORT |
| PBP · Invesco Exchange-Traded Fund Trust | 0.06% | 468 SH | Oct. 1, 2026 | Daily |
| SPUU · Direxion Shares ETF Trust | 0.06% | 298 NS | July 31, 2026 | N-PORT |
| XCLR · Global X Funds | 0.06% | 4 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.06% | 18,786 SH | Sept. 11, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.06% | 13,657 SH | Oct. 1, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.06% | 1,883 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.06% | 994,179 SH | Sept. 11, 2026 | Daily |
| VOO · VANGUARD INDEX FUNDS | 0.06% | 2,048,001 SH | Aug. 19, 2026 | Daily |
| VTI · VANGUARD INDEX FUNDS | 0.06% | 2,504,767 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.06% | 13,032 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.06% | 6,658 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.06% | 268 NS | July 31, 2026 | N-PORT |
| ILCB · iShares Trust | 0.06% | 1,483 SH | Sept. 11, 2026 | Daily |
| XTR · Global X Funds | 0.06% | 5 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.06% | 6 NS | July 31, 2026 | N-PORT |
| IYY · iShares Trust | 0.06% | 3,399 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.06% | 54,575 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.06% | 21,936 SH | Sept. 11, 2026 | Daily |
| CRBN · iShares Trust | 0.06% | 1,270 SH | Sept. 11, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.05% | 550 NS | July 31, 2026 | N-PORT |
| ITOT · iShares Trust | 0.05% | 102,223 SH | Sept. 11, 2026 | Daily |
| PHDG · Invesco Actively Managed Exchange-T… | 0.05% | 62 SH | Oct. 1, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.05% | 6,168 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.05% | 217 SH | Sept. 11, 2026 | Daily |
| TILT · FlexShares Trust | 0.05% | 1,782 NS | July 31, 2026 | N-PORT |
| URTH · iShares, Inc. | 0.04% | 7,151 SH | Sept. 11, 2026 | Daily |
| ACVF · ETF Opportunities Trust | 0.04% | 116 NS | July 31, 2026 | N-PORT |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.04% | 66,276 SH | Aug. 19, 2026 | Daily |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.04% | 730 SH | Oct. 1, 2026 | Daily |
| ACWI · iShares Trust | 0.04% | 25,347 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.03% | 4,692 SH | Oct. 1, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.02% | 4,399 SH | Oct. 1, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.02% | 7,638 SH | Aug. 19, 2026 | Daily |
| IWD · iShares Trust | 0.02% | 28,048 SH | Sept. 11, 2026 | Daily |
| CBLS · Elevation Series Trust | -1.07% | -1,060 NS | July 31, 2026 | N-PORT |
IDXX Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
12 analysts · 2026-09-29Mean target $701.33 +35.3%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| IDXX | $53.93B | 51.7 | 10.4% | 24.6% | 69.2% | 61.8% |
| ISRG | $201.11B | 72.0 | 20.5% | 28.4% | 16.7% | 66.0% |
| SYK | $134.44B | 41.8 | 11.2% | 12.9% | 15.1% | 64.0% |
| BSX | · | 49.1 | 19.9% | 14.4% | 12.6% | 69.0% |
| EW | $49.50B | 46.6 | 11.6% | 17.7% | 10.6% | 78.0% |
| BDX | · | 25.3 | 8.2% | 7.7% | 6.5% | · |
| DXCM | $25.54B | 31.8 | 15.6% | 17.9% | 31.4% | 60.1% |
| RMD | $28.11B | 18.7 | 9.8% | 26.9% | 23.6% | 61.1% |
| GEHC | · | 18.0 | 4.8% | 10.1% | 22.1% | 40.0% |
| ZBH | $28.66B | 25.3 | 7.2% | 8.6% | 5.6% | · |
| PEN | $12.20B | 68.8 | 17.5% | 12.7% | 13.1% | 67.1% |
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