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Westbrook, Maine-based IDEXX Laboratories, Inc. (IDXX) is a global leader in veterinary diagnostics, software, and water testing solutions. Valued at a market cap of $52.5 billion, it develops, manufactures, and distributes products for the companion animal veterinary, livestock and poultry, dairy, and water testing industries.
Companies worth $10 billion or more are typically classified as “large-cap stocks,” and IDXX fits the label perfectly. With its focus on innovation, digital solutions, and recurring diagnostic revenues, the company plays a key role in advancing animal health, food safety, and water quality worldwide.