IDEXX Laboratories, Inc. (IDXX) vs Zoetis Inc. (ZTS)

ZTS leads on 11 of 16 compared metrics.

A side-by-side comparison of IDEXX Laboratories, Inc. and Zoetis Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 14, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — IDXX vs ZTS

growth of $100 · last 13y
IDXX +1087.6%ZTS +156.6%IDXX compounded faster
05001k2kStart $1002016201920222025$1,188$257
IDXX ZTS

IDXX vs ZTS: by the numbers

  • IDXX is the larger company ($44.24B vs $33.36B market cap).
  • ZTS trades at the lower earnings multiple (13.20 vs 41.36 P/E).
  • ZTS converts more revenue to profit (27.79% vs 24.63% net margin).
  • IDXX grew revenue faster over the past five years (9.24% vs 6.28% CAGR).
  • ZTS pays a dividend (2.59% yield) while IDXX does not currently pay one.

Which is better, IDXX or ZTS?

Metric tally: IDXX 5 · ZTS 11

It depends on what you're optimizing for:

ValueZTS(lower P/E)
GrowthIDXX(faster 5Y revenue CAGR)
QualityIDXX(higher ROIC)

Valuation

MetricIDXXZTS
P/E ratio41.3613.20
Forward P/E33.8510.75
P/S ratio10.183.53
P/B ratio29.0810.40
PEG ratio2.302.04
EV / EBITDA29.6110.15
FCF yield2.39%6.35%

Profitability

MetricIDXXZTS
Gross margin62.05%70.75%
Operating margin31.63%37.57%
Net margin24.63%27.79%
ROE70.38%81.75%
ROIC40.27%21.54%

Dividends

MetricIDXXZTS
Dividend yield2.59%
Payout ratio34.16%

Growth (annualized)

MetricIDXXZTS
Revenue CAGR (5Y)9.24%6.28%
EPS CAGR (5Y)14.07%11.88%
FCF CAGR (5Y)10.13%4.90%
Total return CAGR (5Y)-0.82%-14.40%

Frequently asked

Which is better, IDXX or ZTS?
It depends on your goal. value: ZTS (lower P/E); growth: IDXX (faster 5Y revenue CAGR); quality: IDXX (higher ROIC). Across all compared metrics, ZTS leads 11 to 5.
Is IDXX or ZTS cheaper?
On trailing earnings, ZTS is cheaper: IDXX trades at a 41.36 P/E and ZTS at 13.20.
Which has grown faster, IDXX or ZTS?
Over the past five years, IDXX grew revenue faster — IDXX at a 9.24% CAGR versus ZTS at 6.28%.
Does IDXX or ZTS pay a bigger dividend?
ZTS pays a dividend (2.59% yield) while IDXX does not currently pay one.
Is IDXX or ZTS more profitable?
ZTS runs the higher net margin — IDXX at 24.63% versus ZTS at 27.79%.
Which has been the better investment, IDXX or ZTS?
Over the past 10-year, IDXX delivered the higher annualized total return — IDXX at 20.22% versus ZTS at 6.19%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 14, 2026.