IDXX vs MDT

Idexx Laboratories (IDXX) and Medtronic (MDT) compared side by side. Medtronic (MDT) is larger, with a market cap of $122.0B versus $44.1B for Idexx Laboratories, about 2.8 times the size. On trailing earnings, MDT is cheaper at 23.4x versus 39.4x for IDXX.

Head to head

MetricIDXXMDT
Market cap$44.1B$122.0B
P/E (TTM)39.4x23.4x
Forward P/E33.5x14.9x
Revenue (TTM)$4.6B$37.5B
Revenue growth9.7%13.7%
Gross margin62.4%65.3%
Operating margin35.0%19.3%
Free cash flow$1.2B$6.1B
Dividend yieldNone3.02%
1-year return-12.2%+4.6%
5-year return (annual)-3.0%-1.9%
Max drawdown-81%-73%
FI Handbook gradeB-B-

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$6.0K
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IDXXMDT

IDXX vs MDT FAQ

Which is bigger, IDXX or MDT?

Medtronic (MDT) is larger, with a market cap of $122.0B versus $44.1B for Idexx Laboratories, about 2.8 times the size.

Is IDXX or MDT cheaper?

On trailing earnings, MDT is cheaper at 23.4x versus 39.4x for IDXX. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, IDXX or MDT?

MDT returned +4.6% over the past year including dividends, versus -12.2% for IDXX, through October 23, 2026.

Which pays a higher dividend, IDXX or MDT?

MDT yields 3.02%; IDXX does not pay a dividend.

Full pages: Idexx Laboratories · Medtronic