IDXX Valuations

Quarterly trend of key valuation metrics

Metric	Current (TTM) TTM Baseline	Q2 '26 30.06.2026	Q1 '26 31.03.2026	Q4 '25 31.12.2025
Market & Enterprise Value
Market Cap	40.86B EUR	41.52B EUR	44.52B EUR	53.93B EUR
Enterprise Value	41.32B EUR	42.42B EUR	45.43B EUR	54.72B EUR
Valuation Multiples
Trailing P/E	36.4x	36.43x	40.65x	66.02x
Forward P/E	30.95x	--	--	--
Price to Sales	8.97x	9.12x	10.01x	16.32x
Price to Book	25.34x	25.75x	28.61x	33.59x
EV/Revenue	9.08x	9.32x	10.22x	16.56x
EV/EBITDA	25.48x	26.27x	29.17x	47.32x
Price to FCF (P/FCF)	44.93x	33.56x	41.69x	64.53x
EV/FCF	45.44x	34.29x	42.53x	65.49x
FCF Yield	2.23%	2.98%	2.4%	1.55%