IDXXNEUTRAL

Gross Margin

63.4%

Updated 128h ago

Sector Performance

79th percentile

IDXX

63.4%

Sector Median

44.7%

Sector Avg

45.2%

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Deep Analysis

Gross margin is the percentage of revenue a company keeps after paying the direct costs of producing its goods or services, so a 63.4% margin means IDXX retains over 63 cents of every dollar of sales.

This is well above the sector median of 44.2%, placing IDXX in the 79th percentile among its peers, indicating it has a strong cost advantage or pricing power relative to the industry. The trend for this metric is not available—there is no year-over-year or quarter-over-quarter change data, and only a single historical value of 63.4% is provided, so no directional pattern can be assessed. Without any trend information, the high level of gross margin alone suggests a potential moat, but the lack of trajectory makes it impossible to evaluate whether that advantage is stable, improving, or eroding. This metric supports the overall NEUTRAL verdict: the strong relative position is a positive, but the absence of trend data prevents it from shifting the outlook toward bullish or bearish.

Frequently Asked Questions

What does the Gross Margin tell investors about IDXX?

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.

How is the Gross Margin calculated?

Gross Margin is calculated as: Gross Profit / Revenue.

Who are IDXX's closest peers by Gross Margin?

The closest peers by Gross Margin include: WHR (12.7%), JBHT (12.6%), DVN (12.1%), F (11.9%), GM (11.5%).

The Formula

Gross Profit / Revenue

Why It Matters

Gross margin reveals pricing power and cost structure. Software companies often sustain 70–80%; manufacturers typically 30–50%. Expansion is a bullish signal.