IDEXX Laboratories Operating Margin 2010-2024 | IDXX
- IDEXX Laboratories average operating margin for 2023 was 29.23%, a 9.31% decline from 2022.
- IDEXX Laboratories average operating margin for 2022 was 26.74%, a 6.63% increase from 2021.
- IDEXX Laboratories average operating margin for 2021 was 28.64%, a 18.49% decline from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.