IDEXX Laboratories Return On Tangible Equity 2010-2024 | IDXX
- IDEXX Laboratories average return on tangible equity for 2023 was 262, a 49.56% decline from 2022.
- IDEXX Laboratories average return on tangible equity for 2022 was 519.46, a 104.35% decline from 2021.
- IDEXX Laboratories average return on tangible equity for 2021 was 254.2, a 180.84% increase from 2020.
Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.