IDEXX Laboratories, Inc. vs Invesco Ltd. — how do they compare? IDEXX Laboratories, Inc. trades at $546.1 (market cap $43.58B), while Invesco Ltd. trades at $30.5 (market cap $13.34B). The key difference: IDEXX Laboratories, Inc. is far larger — about 3.3× Invesco Ltd.'s market cap, and Invesco Ltd. pays a 2.86% dividend while IDEXX Laboratories, Inc. pays none. Which is the better fit depends on your goals.
| IDXX | IVZ | |
|---|---|---|
Market Cap | $43.58B | $13.34B |
Sector | Health | Financials |
52-Week High | $766.68 | $30.30 |
52-Week Low | $526.44 | $20.45 |
Enterprise Value | $44.48B | $23.59B |
Dividend Yield | — | 2.86% |
Trailing returns across standard periods
Idexx Laboratories primarily develops, manufactures, and distributes diagnostic products, equipment, and services for pets and livestock. Its key product lines include single-use canine and feline test kits that veterinarians can employ in the office, benchtop chemistry and hematology analyzers for test-panel analysis on-site, reference lab services, and tests to detect and manage disease in livestock. The firm also offers vet practice management software and consulting services to animal hospitals. Idexx gets about 38% of its revenue from outside the United States.
Read more on IDXX →Invesco provides investment-management services to retail (65% of managed assets) and institutional (35%) clients. At the end of August 2022, the firm had $1.416 trillion in assets under management spread among its equity (47% of AUM), balanced (5%), fixed-income (22%), alternative investment (14%), and money market (12%) operations. Passive products account for 32% of Invesco's total AUM, including 56% of the company's equity operations and 13% of its fixed-income platform. Invesco's U.S. retail business is one of the 10 largest nonproprietary fund complexes in the country. The firm also has a meaningful presence outside the U.S., with close to one third of its AUM sourced from Canada (2%), the U.K. (4%), continental Europe (11%), and Asia (15%).
Read more on IVZ →