IDXX vs. BDGI.TO
IDXX (IDEXX Laboratories, Inc.) and BDGI.TO (Badger Infrastructure Solutions Ltd.) are both stocks. IDXX operates in Diagnostics & Research (Healthcare), while BDGI.TO operates in Engineering & Construction (Industrials). Over the past 10 years, IDXX returned 20.23%/yr vs 16.43%/yr for BDGI.TO. At a 0.18 correlation, their price movements are largely independent.
Performance
IDXX vs. BDGI.TO - Performance Comparison
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Different Trading Currencies
IDXX is traded in USD, while BDGI.TO is traded in CAD. To make them comparable, the BDGI.TO values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, IDXX achieves a -17.05% return, which is significantly lower than BDGI.TO's 26.22% return. Over the past 10 years, IDXX has outperformed BDGI.TO with an annualized return of 20.23%, while BDGI.TO has yielded a comparatively lower 16.43% annualized return.
IDXX
- 1D
- -0.18%
- 1M
- 0.19%
- YTD
- -17.05%
- 6M
- -20.59%
- 1Y
- 6.91%
- 3Y*
- 7.57%
- 5Y*
- -0.19%
- 10Y*
- 20.23%
BDGI.TO
- 1D
- 5.44%
- 1M
- 9.14%
- YTD
- 26.22%
- 6M
- 21.04%
- 1Y
- 104.65%
- 3Y*
- 52.00%
- 5Y*
- 18.36%
- 10Y*
- 16.43%
IDXX vs. BDGI.TO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, Inc. | -17.05% | 63.63% | -25.51% | 36.06% | -38.04% | 31.73% | 91.43% | 40.38% | 18.95% | 33.35% |
BDGI.TO Badger Infrastructure Solutions Ltd. | 26.22% | 116.68% | -17.29% | 59.81% | -19.27% | -14.92% | 12.95% | 15.26% | 11.51% | -7.84% |
Correlation
The correlation between IDXX and BDGI.TO is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 6, 2006 | 0.18 |
The correlation between IDXX and BDGI.TO shifts across timeframes, from 0.18 (all time) to 0.29 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IDXX:
$18.08
BDGI.TO:
CA$2.01
IDXX:
31.04
BDGI.TO:
46.56
IDXX:
2.68
BDGI.TO:
1.29
IDXX:
7.65
BDGI.TO:
3.31
IDXX:
$4.45B
BDGI.TO:
CA$955.05M
IDXX:
$2.76B
BDGI.TO:
CA$221.07M
IDXX:
$1.52B
BDGI.TO:
CA$178.82M
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Return for Risk
IDXX vs. BDGI.TO — Risk / Return Rank
IDXX
BDGI.TO
IDXX vs. BDGI.TO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) and Badger Infrastructure Solutions Ltd. (BDGI.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| IDXX | BDGI.TO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.74 | ||
| Sortino ratioReturn per unit of downside risk | -3.15 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.49 | -0.41 |
| Calmar ratioReturn relative to maximum drawdown | 0.22 | 4.02 | -3.80 |
| Martin ratioReturn relative to average drawdown | 0.46 | 10.86 | -10.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| IDXX | BDGI.TO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.17 | 2.91 | -2.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.01 | 0.54 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.62 | 0.46 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.65 | -0.15 |
Drawdowns
IDXX vs. BDGI.TO - Drawdown Comparison
The maximum IDXX drawdown since its inception was -81.42%, which is greater than BDGI.TO's maximum drawdown of -64.68%. Use the drawdown chart below to compare losses from any high point for IDXX and BDGI.TO.
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Drawdown Indicators
| IDXX | BDGI.TO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.42% | -64.68% | -16.74% |
Max Drawdown (1Y)Largest decline over 1 year | -31.04% | -26.18% | -4.86% |
Max Drawdown (3Y)Largest decline over 3 years | -37.41% | -34.01% | -3.40% |
Max Drawdown (5Y)Largest decline over 5 years | -54.00% | -42.44% | -11.56% |
Max Drawdown (10Y)Largest decline over 10 years | -54.00% | -64.68% | +10.68% |
Current DrawdownCurrent decline from peak | -26.81% | 0.00% | -26.81% |
Average DrawdownAverage peak-to-trough decline | -21.00% | -22.48% | +1.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.03% | 9.67% | +5.36% |
Volatility
IDXX vs. BDGI.TO - Volatility Comparison
IDEXX Laboratories, Inc. (IDXX) and Badger Infrastructure Solutions Ltd. (BDGI.TO) have volatilities of 8.57% and 8.66%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDXX | BDGI.TO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 8.66% | -0.09% |
Volatility (6M)Calculated over the trailing 6-month period | 19.89% | 30.63% | -10.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.46% | 36.29% | +5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.28% | 34.03% | +1.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.01% | 35.67% | -2.66% |
Dividends
IDXX vs. BDGI.TO - Dividend Comparison
IDXX has not paid dividends to shareholders, while BDGI.TO's dividend yield for the trailing twelve months is around 0.81%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDGI.TO Badger Infrastructure Solutions Ltd. | 0.81% | 1.03% | 2.01% | 1.69% | 2.48% | 1.97% | 1.57% | 1.62% | 1.61% | 1.55% | 1.20% | 1.47% |
IDXX IDEXX Laboratories, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
IDXX vs. BDGI.TO - Financials Comparison
This section allows you to compare key financial metrics between IDEXX Laboratories, Inc. and Badger Infrastructure Solutions Ltd.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
IDXX vs. BDGI.TO - Profitability Comparison
IDXX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a gross profit of 722.74M and revenue of 1.14B. Therefore, the gross margin over that period was 63.4%.
BDGI.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Badger Infrastructure Solutions Ltd. reported a gross profit of 49.86M and revenue of 203.24M. Therefore, the gross margin over that period was 24.5%.
IDXX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported an operating income of 362.59M and revenue of 1.14B, resulting in an operating margin of 31.8%.
BDGI.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Badger Infrastructure Solutions Ltd. reported an operating income of 13.08M and revenue of 203.24M, resulting in an operating margin of 6.4%.
IDXX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, IDEXX Laboratories, Inc. reported a net income of 278.45M and revenue of 1.14B, resulting in a net margin of 24.4%.
BDGI.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Badger Infrastructure Solutions Ltd. reported a net income of 862.00K and revenue of 203.24M, resulting in a net margin of 0.4%.
Frequently Asked Questions
IDXX and BDGI.TO have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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