Westbrook, Maine-based IDEXX Laboratories, Inc. (IDXX) is a global leader in animal health diagnostics, providing the tools and technology veterinarians rely on to diagnose and monitor pets and livestock. Valued at a market capitalization of $50.7 billion, the company operates through Companion Animal Group, Water Quality Products, and Livestock, Poultry and Dairy segments.
While the broader market has been running ahead, IDEXX has been left chasing its tail. IDXX stock has declined 14.2% over the past 52 weeks and declined 18.7% on a YTD basis. In comparison, the S&P 500 Index ($SPX) has returned 18.7% over the past year and grown 12.2% in 2026.