Medical - Instruments & Supplies
Compare Stocks
2 / 10Stock Comparison
QDEL vs IDXX
Revenue, margins, valuation, and 5-year total return — side by side.
Medical - Diagnostics & Research
QDEL vs IDXX — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Medical - Instruments & Supplies | Medical - Diagnostics & Research |
| Market Cap | $733M | $45.45B |
| Revenue (TTM) | $2.66B | $4.45B |
| Net Income (TTM) | $-1.21B | $1.10B |
| Gross Margin | 56.6% | 62.1% |
| Operating Margin | -37.0% | 31.6% |
| Forward P/E | 6.4x | 39.5x |
| Total Debt | $2.80B | $1.08B |
| Cash & Equiv. | $170M | $180M |
QDEL vs IDXX — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| QuidelOrtho Corpora… (QDEL) | 100 | 6.2 | -93.8% |
| IDEXX Laboratories,… (IDXX) | 100 | 185.2 | +85.2% |
Price return only. Dividends and distributions are not included.
Quick Verdict: QDEL vs IDXX
Each card shows where this stock fits in a portfolio — not just who wins on paper.
QDEL is the clearest fit if your priority is value.
- Lower P/E (6.4x vs 39.5x)
IDXX carries the broadest edge in this set and is the clearest fit for income & stability and growth exposure.
- beta 1.35
- Rev growth 10.4%, EPS growth 22.6%, 3Y rev CAGR 8.5%
- 5.6% 10Y total return vs QDEL's -34.9%
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 10.4% revenue growth vs QDEL's -1.9% | |
| Value | Lower P/E (6.4x vs 39.5x) | |
| Quality / Margins | 24.6% margin vs QDEL's -45.6% | |
| Stability / Safety | Beta 1.35 vs QDEL's 2.59, lower leverage | |
| Dividends | Tie | Neither stock pays a meaningful dividend |
| Momentum (1Y) | +17.6% vs QDEL's -58.3% | |
| Efficiency (ROA) | 32.6% ROA vs QDEL's -20.7%, ROIC 42.5% vs -13.6% |
QDEL vs IDXX — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
QDEL vs IDXX — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
IDXX leads this category, winning 6 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
IDXX is the larger business by revenue, generating $4.4B annually — 1.7x QDEL's $2.7B. IDXX is the more profitable business, keeping 24.6% of every revenue dollar as net income compared to QDEL's -45.6%. On growth, IDXX holds the edge at +14.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $2.7B | $4.4B |
| EBITDAEarnings before interest/tax | -$649M | $1.5B |
| Net IncomeAfter-tax profit | -$1.2B | $1.1B |
| Free Cash FlowCash after capex | -$75M | $845M |
| Gross MarginGross profit ÷ Revenue | +56.6% | +62.1% |
| Operating MarginEBIT ÷ Revenue | -37.0% | +31.6% |
| Net MarginNet income ÷ Revenue | -45.6% | +24.6% |
| FCF MarginFCF ÷ Revenue | -2.8% | +19.0% |
| Rev. Growth (YoY)Latest quarter vs prior year | -10.5% | +14.3% |
| EPS Growth (YoY)Latest quarter vs prior year | -6.1% | +16.6% |
Valuation Metrics
QDEL leads this category, winning 4 of 4 comparable metrics.
Valuation Metrics
| Metric | ||
|---|---|---|
| Market CapShares × price | $733M | $45.4B |
| Enterprise ValueMkt cap + debt − cash | $3.4B | $46.3B |
| Trailing P/EPrice ÷ TTM EPS | -0.65x | 43.75x |
| Forward P/EPrice ÷ next-FY EPS est. | 6.45x | 39.45x |
| PEG RatioP/E ÷ EPS growth rate | — | 3.06x |
| EV / EBITDAEnterprise value multiple | — | 31.60x |
| Price / SalesMarket cap ÷ Revenue | 0.27x | 10.56x |
| Price / BookPrice ÷ Book value/share | 0.38x | 28.75x |
| Price / FCFMarket cap ÷ FCF | — | 43.14x |
Profitability & Efficiency
IDXX leads this category, winning 9 of 9 comparable metrics.
Profitability & Efficiency
IDXX delivers a 70.9% return on equity — every $100 of shareholder capital generates $71 in annual profit, vs $-56 for QDEL. IDXX carries lower financial leverage with a 0.67x debt-to-equity ratio, signaling a more conservative balance sheet compared to QDEL's 1.46x. On the Piotroski fundamental quality scale (0–9), IDXX scores 7/9 vs QDEL's 6/9, reflecting strong financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -56.3% | +70.9% |
| ROA (TTM)Return on assets | -20.7% | +32.6% |
| ROICReturn on invested capital | -13.6% | +42.5% |
| ROCEReturn on capital employed | -18.0% | +61.4% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 7 |
| Debt / EquityFinancial leverage | 1.46x | 0.67x |
| Net DebtTotal debt minus cash | $2.6B | $897M |
| Cash & Equiv.Liquid assets | $170M | $180M |
| Total DebtShort + long-term debt | $2.8B | $1.1B |
| Interest CoverageEBIT ÷ Interest expense | -5.18x | 35.55x |
Total Returns (Dividends Reinvested)
IDXX leads this category, winning 6 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in IDXX five years ago would be worth $10,513 today (with dividends reinvested), compared to $891 for QDEL. Over the past 12 months, IDXX leads with a +17.6% total return vs QDEL's -58.3%. The 3-year compound annual growth rate (CAGR) favors IDXX at 5.6% vs QDEL's -50.4% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | -62.6% | -14.6% |
| 1-Year ReturnPast 12 months | -58.3% | +17.6% |
| 3-Year ReturnCumulative with dividends | -87.8% | +17.9% |
| 5-Year ReturnCumulative with dividends | -91.1% | +5.1% |
| 10-Year ReturnCumulative with dividends | -34.9% | +556.2% |
| CAGR (3Y)Annualised 3-year return | -50.4% | +5.6% |
Risk & Volatility
IDXX leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
IDXX is the less volatile stock with a 1.35 beta — it tends to amplify market swings less than QDEL's 2.59 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. IDXX currently trades 74.3% from its 52-week high vs QDEL's 27.6% drawdown — a narrower gap to the peak suggests stronger recent price momentum.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 2.59x | 1.35x |
| 52-Week HighHighest price in past year | $38.99 | $769.98 |
| 52-Week LowLowest price in past year | $10.22 | $471.74 |
| % of 52W HighCurrent price vs 52-week peak | +27.6% | +74.3% |
| RSI (14)Momentum oscillator 0–100 | 35.2 | 52.1 |
| Avg Volume (50D)Average daily shares traded | 2.2M | 533K |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates QDEL as "Buy" and IDXX as "Buy". Consensus price targets imply 57.8% upside for QDEL (target: $17) vs 35.1% for IDXX (target: $773).
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Buy | Buy |
| Price TargetConsensus 12-month target | $17.00 | $773.13 |
| # AnalystsCovering analysts | 15 | 22 |
| Dividend YieldAnnual dividend ÷ price | — | — |
| Dividend StreakConsecutive years of raises | 0 | — |
| Dividend / ShareAnnual DPS | — | — |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | +2.7% |
IDXX leads in 4 of 6 categories (Income & Cash Flow, Profitability & Efficiency). QDEL leads in 1 (Valuation Metrics).
QDEL vs IDXX: Frequently Asked Questions
10 questions · data-driven answers · updated daily
01Is QDEL or IDXX a better buy right now?
For growth investors, IDEXX Laboratories, Inc.
(IDXX) is the stronger pick with 10. 4% revenue growth year-over-year, versus -1. 9% for QuidelOrtho Corporation (QDEL). IDEXX Laboratories, Inc. (IDXX) offers the better valuation at 43. 7x trailing P/E (39. 5x forward), making it the more compelling value choice. Analysts rate QuidelOrtho Corporation (QDEL) a "Buy" — based on 15 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which has the better valuation — QDEL or IDXX?
On forward P/E, QuidelOrtho Corporation is actually cheaper at 6.
4x — notably different from the trailing picture, reflecting expected earnings growth.
03Which is the better long-term investment — QDEL or IDXX?
Over the past 5 years, IDEXX Laboratories, Inc.
(IDXX) delivered a total return of +5. 1%, compared to -91. 1% for QuidelOrtho Corporation (QDEL). Over 10 years, the gap is even starker: IDXX returned +556. 2% versus QDEL's -34. 9%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
04Which is safer — QDEL or IDXX?
By beta (market sensitivity over 5 years), IDEXX Laboratories, Inc.
(IDXX) is the lower-risk stock at 1. 35β versus QuidelOrtho Corporation's 2. 59β — meaning QDEL is approximately 92% more volatile than IDXX relative to the S&P 500. On balance sheet safety, IDEXX Laboratories, Inc. (IDXX) carries a lower debt/equity ratio of 67% versus 146% for QuidelOrtho Corporation — giving it more financial flexibility in a downturn.
05Which is growing faster — QDEL or IDXX?
By revenue growth (latest reported year), IDEXX Laboratories, Inc.
(IDXX) is pulling ahead at 10. 4% versus -1. 9% for QuidelOrtho Corporation (QDEL). On earnings-per-share growth, the picture is similar: QuidelOrtho Corporation grew EPS 45. 4% year-over-year, compared to 22. 6% for IDEXX Laboratories, Inc.. Over a 3-year CAGR, IDXX leads at 8. 5% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
06Which has better profit margins — QDEL or IDXX?
IDEXX Laboratories, Inc.
(IDXX) is the more profitable company, earning 24. 6% net margin versus -41. 5% for QuidelOrtho Corporation — meaning it keeps 24. 6% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: IDXX leads at 31. 6% versus -33. 7% for QDEL. At the gross margin level — before operating expenses — IDXX leads at 61. 8%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
07Is QDEL or IDXX more undervalued right now?
On forward earnings alone, QuidelOrtho Corporation (QDEL) trades at 6.
4x forward P/E versus 39. 5x for IDEXX Laboratories, Inc. — 33. 0x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for QDEL: 57. 8% to $17. 00.
08Which pays a better dividend — QDEL or IDXX?
None of the stocks in this comparison currently pay a material dividend.
All are effectively zero-yield and should be held for capital appreciation rather than income.
09Is QDEL or IDXX better for a retirement portfolio?
For long-horizon retirement investors, IDEXX Laboratories, Inc.
(IDXX) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (+556. 2% 10Y return). QuidelOrtho Corporation (QDEL) carries a higher beta of 2. 59 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (IDXX: +556. 2%, QDEL: -34. 9%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
10What are the main differences between QDEL and IDXX?
Both stocks operate in the Healthcare sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
Find Stocks Like These
Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform both.
You Might Also Compare
Based on how these companies actually compete and overlap — not just which sector they're filed under.