IDEXX Laboratories Return On Tangible Equity 2010-2025 | IDXX
- IDEXX Laboratories average return on tangible equity for 2024 was 86.69, a 66.91% increase from 2023.
- 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.
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.