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Rashmi Kumari

How Is IDEXX Laboratories' Stock Performance Compared to Other Healthcare Stocks?

IDEXX IDEXX Laboratories IDXX

Based in Westbrook, Maine, IDEXX Laboratories, Inc. (IDXX) manufactures and distributes products primarily for the companion animal veterinary, livestock and poultry, dairy, and water testing markets. Valued at a market cap of $39.7 billion, the company also sells a series of portable electrolytes and blood gas analyzers for the human point-of-care medical diagnostics market.

Companies worth $10 billion or more are generally described as “large-cap stocks,” and IDEXX Laboratories fits right into that category. In addition to its flagship diagnostic and veterinary products, IDEXX's portfolio includes over 20 innovative solutions recognized for their high quality, accuracy, and impact on animal health and diagnostics.

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