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$IDEXX Laboratories Inc (IDXX.US)$Revenue has been continuou...

$IDEXX Laboratories Inc (IDXX.US)$Revenue has been continuously increasing over the past 5 years, with an average growth rate of 11.3%. Operating profit increased to a peak of 0.93 billion in 2021, then decreased by 3.6%. The 5-year average growth rate is 16.8%. Net income increased to a peak of 0.68 billion in 2021, then decreased by 8.8%. The 5-year average growth rate is 20.9%.
In 2023 Q1, revenue increased by 7.6%, operating profit increased by 12.9%, and net income increased by 10.4%.
Currently, the PE ratio is 68, with a slightly reduced TTM PE ratio of 65.8, indicating overvaluation compared to the growth rate and lacking investment value.
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