IDEXX Historical Income Statement

0J8P Stock   416.54  3.95  0.96%   
Historical analysis of IDEXX Laboratories income statement accounts such as Total Revenue of 3.8 B, Gross Profit of 2.3 B or Other Operating Expenses of 2.7 B can show how well IDEXX Laboratories performed in making a profits. Evaluating IDEXX Laboratories income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of IDEXX Laboratories's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining IDEXX Laboratories latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether IDEXX Laboratories is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IDEXX Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.

About IDEXX Income Statement Analysis

IDEXX Laboratories Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to IDEXX Laboratories shareholders. The income statement also shows IDEXX investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

IDEXX Laboratories Income Statement Chart

At this time, IDEXX Laboratories' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 1.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 187 M in 2024.

Total Revenue

Total revenue comprises all receipts IDEXX Laboratories generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of IDEXX Laboratories minus its cost of goods sold. It is profit before IDEXX Laboratories operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of IDEXX Laboratories. It is also known as IDEXX Laboratories overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from IDEXX Laboratories operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of IDEXX Laboratories is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from IDEXX Laboratories' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into IDEXX Laboratories current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in IDEXX Laboratories. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For more information on how to buy IDEXX Stock please use our How to Invest in IDEXX Laboratories guide.At this time, IDEXX Laboratories' Total Operating Expenses is comparatively stable compared to the past year. Income Before Tax is likely to gain to about 1.1 B in 2024, whereas Selling General Administrative is likely to drop slightly above 187 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue3.2B3.4B3.7B3.8B
Depreciation And Amortization104.6M111.9M114.9M120.7M

IDEXX Laboratories income statement Correlations

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IDEXX Laboratories Account Relationship Matchups

IDEXX Laboratories income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization88.0M96.0M104.6M111.9M114.9M120.7M
Total Revenue2.4B2.7B3.2B3.4B3.7B3.8B
Gross Profit1.4B1.6B1.9B2.0B2.2B2.3B
Other Operating Expenses1.9B2.0B2.3B2.5B2.6B2.7B
Operating Income552.8M694.5M932.0M898.8M1.1B1.2B
Ebit555.7M697.8M935.3M902.6M1.1B1.2B
Ebitda643.7M793.8M1.0B1.0B1.2B1.3B
Cost Of Revenue1.0B1.1B1.3B1.4B1.5B1.5B
Total Operating Expenses812.7M876.5M957.4M1.1B1.1B1.1B
Income Before Tax522.2M662.0M902.7M860.0M1.1B1.1B
Total Other Income Expense Net(30.6M)(32.5M)(29.4M)(38.8M)(36.0M)(34.2M)
Net Income427.7M581.8M744.8M679.1M845.0M887.3M
Income Tax Expense94.4M79.9M157.8M180.9M216.1M226.9M
Research Development133.2M141.2M161.0M254.8M191.0M200.5M
Selling General Administrative261.3M300.8M309.7M326.2M335.8M187.0M
Selling And Marketing Expenses418.2M434.4M486.7M524.5M566.1M292.0M
Interest Expense30.6M32.5M29.4M38.8M41.6M43.7M
Tax Provision78.6M94.4M79.9M157.8M181.5M109.4M
Interest Income33.6M30.6M32.5M29.4M26.4M25.3M
Net Income Applicable To Common Shares427.7M581.8M744.8M679.1M781.0M563.5M

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Additional Tools for IDEXX Stock Analysis

When running IDEXX Laboratories' price analysis, check to measure IDEXX Laboratories' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IDEXX Laboratories is operating at the current time. Most of IDEXX Laboratories' value examination focuses on studying past and present price action to predict the probability of IDEXX Laboratories' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IDEXX Laboratories' price. Additionally, you may evaluate how the addition of IDEXX Laboratories to your portfolios can decrease your overall portfolio volatility.