IDXX vs. ULTA
IDXX (IDEXX Laboratories, Inc.) and ULTA (Ulta Beauty, Inc.) are both stocks. IDXX operates in Diagnostics & Research (Healthcare), while ULTA operates in Specialty Retail (Consumer Cyclical). Over the past 10 years, IDXX returned 20.14%/yr vs 7.00%/yr for ULTA. At a 0.31 correlation, their price movements are largely independent.
Performance
IDXX vs. ULTA - Performance Comparison
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Returns By Period
In the year-to-date period, IDXX achieves a -17.09% return, which is significantly higher than ULTA's -22.69% return. Over the past 10 years, IDXX has outperformed ULTA with an annualized return of 20.14%, while ULTA has yielded a comparatively lower 7.00% annualized return.
IDXX
- 1D
- 0.53%
- 1M
- 6.09%
- YTD
- -17.09%
- 6M
- -20.35%
- 1Y
- 6.45%
- 3Y*
- 6.18%
- 5Y*
- -0.82%
- 10Y*
- 20.14%
ULTA
- 1D
- -1.82%
- 1M
- -4.96%
- YTD
- -22.69%
- 6M
- -22.25%
- 1Y
- 1.15%
- 3Y*
- 1.77%
- 5Y*
- 6.68%
- 10Y*
- 7.00%
IDXX vs. ULTA - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IDXX IDEXX Laboratories, Inc. | -17.09% | 63.63% | -25.51% | 36.06% | -38.04% | 31.73% | 91.43% | 40.38% | 18.95% | 33.35% |
ULTA Ulta Beauty, Inc. | -22.69% | 39.11% | -11.24% | 4.46% | 13.76% | 43.59% | 13.44% | 3.39% | 9.47% | -12.27% |
Correlation
The correlation between IDXX and ULTA is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.35 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Oct 25, 2007 | 0.31 |
The correlation between IDXX and ULTA shifts across timeframes, from 0.19 (1 year) to 0.35 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
IDXX:
$18.08
ULTA:
$26.57
IDXX:
31.03
ULTA:
17.60
IDXX:
2.68
ULTA:
1.75
IDXX:
7.64
ULTA:
1.65
IDXX:
$4.45B
ULTA:
$12.71B
IDXX:
$2.76B
ULTA:
$5.00B
IDXX:
$1.52B
ULTA:
$1.81B
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Return for Risk
IDXX vs. ULTA — Risk / Return Rank
IDXX
ULTA
IDXX vs. ULTA - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IDEXX Laboratories, Inc. (IDXX) and Ulta Beauty, Inc. (ULTA). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IDXX | ULTA | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.04 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 0.21 | 0.03 | +0.18 |
| Martin ratioReturn relative to average drawdown | 0.42 | 0.08 | +0.34 |
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Drawdowns
IDXX vs. ULTA - Drawdown Comparison
The maximum IDXX drawdown since its inception was -81.42%, smaller than the maximum ULTA drawdown of -87.89%. Use the drawdown chart below to compare losses from any high point for IDXX and ULTA.
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Drawdown Indicators
| IDXX | ULTA | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.42% | -87.89% | +6.47% |
Max Drawdown (1Y)Largest decline over 1 year | -31.04% | -34.56% | +3.52% |
Max Drawdown (3Y)Largest decline over 3 years | -37.41% | -44.56% | +7.15% |
Max Drawdown (5Y)Largest decline over 5 years | -54.00% | -44.56% | -9.44% |
Max Drawdown (10Y)Largest decline over 10 years | -54.00% | -64.92% | +10.92% |
Current DrawdownCurrent decline from peak | -26.84% | -33.82% | +6.98% |
Average DrawdownAverage peak-to-trough decline | -21.00% | -20.81% | -0.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 15.39% | 14.13% | +1.26% |
Volatility
IDXX vs. ULTA - Volatility Comparison
The current volatility for IDEXX Laboratories, Inc. (IDXX) is 8.02%, while Ulta Beauty, Inc. (ULTA) has a volatility of 9.69%. This indicates that IDXX experiences smaller price fluctuations and is considered to be less risky than ULTA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IDXX | ULTA | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.02% | 9.69% | -1.67% |
Volatility (6M)Calculated over the trailing 6-month period | 20.47% | 25.04% | -4.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 41.63% | 33.39% | +8.24% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.31% | 34.26% | +1.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.03% | 38.32% | -5.29% |
Dividends
IDXX vs. ULTA - Dividend Comparison
Neither IDXX nor ULTA has paid dividends to shareholders.
Financials
IDXX vs. ULTA - Financials Comparison
This section allows you to compare key financial metrics between IDEXX Laboratories, Inc. and Ulta Beauty, Inc.. 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. ULTA - 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%.
ULTA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported a gross profit of 1.27B and revenue of 3.16B. Therefore, the gross margin over that period was 40.1%.
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%.
ULTA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported an operating income of 448.26M and revenue of 3.16B, resulting in an operating margin of 14.2%.
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%.
ULTA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ulta Beauty, Inc. reported a net income of 340.47M and revenue of 3.16B, resulting in a net margin of 10.8%.
Frequently Asked Questions
IDXX and ULTA have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ULTA has higher volatility (9.69%) compared to IDXX (8.02%). In terms of maximum drawdown, IDXX dropped -81.42% vs ULTA's -87.89%.
IDXX currently has the higher Sharpe Ratio (0.16 vs 0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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