IDXX vs QDEL
Idexx Laboratories Inc. and QuidelOrtho Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | IDXX | QDEL |
|---|---|---|
| Revenue | $4.3B | $2.7B |
| Net income | $1.1B | $-1.1B |
| Gross margin | 61.8% | 46.7% |
| Net margin | 24.6% | −41.5% |
| Return on equity | 66.2% | −46.1% |
| Diluted EPS | $13.08 | −$16.69 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $1.1B | $-83.0M |
| Equity | $1.6B | $1.9B |
| Net debt / equity | 0.17× | 1.41× |
| Current ratio | 1.23× | 1.50× |
| Revenue CAGR 5y | 9.7% | 10.4% |
| Profit CAGR 5y | 12.7% | · |
IDXX bills 1.6× the revenue of QDEL, and QDEL closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | IDXX | QDEL |
|---|---|---|
| FY2025 | $4.3B | $2.7B |
| FY2024 | $3.9B | $2.8B |
| FY2023 | $3.7B | $3.0B |
| FY2022 | $3.4B | $3.3B |
| FY2021 | $3.2B | $1.7B |
| FY2020 | $2.7B | $1.7B |
Bottom line
| Fiscal year | IDXX | QDEL |
|---|---|---|
| FY2025 | $1.1B | $-1.1B |
| FY2024 | $887.9M | $-2.1B |
| FY2023 | $845.0M | $-10.1M |
| FY2022 | $679.1M | $548.7M |
| FY2021 | $744.8M | $704.2M |
| FY2020 | $581.8M | $810.3M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,573,502,000 | IDXX |
| FY2024 | +$1,114,604,000 | IDXX |
| FY2023 | +$663,153,000 | IDXX |
| FY2022 | +$101,324,000 | IDXX |
| FY2021 | +$1,516,760,000 | IDXX |
| FY2020 | +$1,044,955,000 | IDXX |
IDXX has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +66.1 pp | IDXX |
| FY2024 | +96.5 pp | IDXX |
| FY2023 | +23.4 pp | IDXX |
| FY2022 | +3.4 pp | IDXX |
| FY2021 | −18.3 pp | QDEL |
| FY2020 | −27.3 pp | QDEL |
The higher net margin has changed hands between IDXX and QDEL over this period.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QDEL's net margin has been more volatile than IDXX's over the 6 comparable fiscal years — 43.8 percentage points of standard deviation against 1.4.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between IDXX and QDEL over these 6 fiscal years — IDXX led in 4 and QDEL in 2.
6 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
QDEL's return on equity has been more volatile than IDXX's over the 6 comparable fiscal years — 41.8 percentage points of standard deviation against 29.4.
6 of 13 comparable fiscal years — a year missing data on either side is not counted.
Year by year
IDXX led in return on equity in every one of the 6 comparable fiscal years — a structural lead, not a recent swing.
6 of 13 comparable fiscal years — a year missing data on either side is not counted.