JNJ vs. IDXX
JNJ (Johnson & Johnson) and IDXX (IDEXX Laboratories, Inc.) are both stocks. Both are in the Healthcare sector — JNJ in Drug Manufacturers - General, IDXX in Diagnostics & Research. Over the past 10 years, JNJ returned 10.46%/yr vs 20.14%/yr for IDXX. At a 0.22 correlation, their price movements are largely independent.
Performance
JNJ vs. IDXX - Performance Comparison
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Returns By Period
In the year-to-date period, JNJ achieves a 17.68% return, which is significantly higher than IDXX's -17.09% return. Over the past 10 years, JNJ has underperformed IDXX with an annualized return of 10.46%, while IDXX has yielded a comparatively higher 20.14% annualized return.
JNJ
- 1D
- 1.07%
- 1M
- 5.14%
- YTD
- 17.68%
- 6M
- 15.11%
- 1Y
- 57.60%
- 3Y*
- 17.82%
- 5Y*
- 10.94%
- 10Y*
- 10.46%
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%
JNJ vs. IDXX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
JNJ Johnson & Johnson | 17.68% | 47.48% | -4.81% | -8.58% | 5.97% | 11.44% | 10.82% | 16.22% | -5.13% | 24.43% |
IDXX IDEXX Laboratories, Inc. | -17.09% | 63.63% | -25.51% | 36.06% | -38.04% | 31.73% | 91.43% | 40.38% | 18.95% | 33.35% |
Correlation
The correlation between JNJ and IDXX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.20 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.23 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.28 |
Correlation (All Time) Calculated using the full available price history since Jun 24, 1991 | 0.22 |
The correlation between JNJ and IDXX shifts across timeframes, from 0.16 (1 year) to 0.28 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
JNJ:
$8.65
IDXX:
$18.08
JNJ:
27.85
IDXX:
31.03
JNJ:
0.93
IDXX:
2.68
JNJ:
6.08
IDXX:
7.64
JNJ:
$96.36B
IDXX:
$4.45B
JNJ:
$66.60B
IDXX:
$2.76B
JNJ:
$31.62B
IDXX:
$1.52B
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Return for Risk
JNJ vs. IDXX — Risk / Return Rank
JNJ
IDXX
JNJ vs. IDXX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Johnson & Johnson (JNJ) and IDEXX Laboratories, Inc. (IDXX). 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.
| JNJ | IDXX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.26 | ||
| Sortino ratioReturn per unit of downside risk | +4.27 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.08 | +0.53 |
| Calmar ratioReturn relative to maximum drawdown | 5.28 | 0.21 | +5.07 |
| Martin ratioReturn relative to average drawdown | 15.52 | 0.42 | +15.10 |
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Drawdowns
JNJ vs. IDXX - Drawdown Comparison
The maximum JNJ drawdown since its inception was -50.67%, smaller than the maximum IDXX drawdown of -81.42%. Use the drawdown chart below to compare losses from any high point for JNJ and IDXX.
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Drawdown Indicators
| JNJ | IDXX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.67% | -81.42% | +30.75% |
Max Drawdown (1Y)Largest decline over 1 year | -10.96% | -31.04% | +20.08% |
Max Drawdown (3Y)Largest decline over 3 years | -15.95% | -37.41% | +21.46% |
Max Drawdown (5Y)Largest decline over 5 years | -18.41% | -54.00% | +35.59% |
Max Drawdown (10Y)Largest decline over 10 years | -27.37% | -54.00% | +26.63% |
Current DrawdownCurrent decline from peak | -2.54% | -26.84% | +24.30% |
Average DrawdownAverage peak-to-trough decline | -11.90% | -21.00% | +9.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.72% | 15.39% | -11.67% |
Volatility
JNJ vs. IDXX - Volatility Comparison
The current volatility for Johnson & Johnson (JNJ) is 5.47%, while IDEXX Laboratories, Inc. (IDXX) has a volatility of 8.02%. This indicates that JNJ experiences smaller price fluctuations and is considered to be less risky than IDXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| JNJ | IDXX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.47% | 8.02% | -2.55% |
Volatility (6M)Calculated over the trailing 6-month period | 12.16% | 20.47% | -8.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.94% | 41.63% | -24.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.87% | 35.31% | -18.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.48% | 33.03% | -14.55% |
Dividends
JNJ vs. IDXX - Dividend Comparison
JNJ's dividend yield for the trailing twelve months is around 2.18%, while IDXX has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JNJ Johnson & Johnson | 2.18% | 2.48% | 3.40% | 3.00% | 2.52% | 2.45% | 2.53% | 2.57% | 2.74% | 2.38% | 2.73% | 2.87% |
Financials
JNJ vs. IDXX - Financials Comparison
This section allows you to compare key financial metrics between Johnson & Johnson and IDEXX Laboratories, 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
JNJ vs. IDXX - Profitability Comparison
JNJ - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a gross profit of 17.20B and revenue of 24.06B. Therefore, the gross margin over that period was 71.5%.
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%.
JNJ - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported an operating income of 6.40B and revenue of 24.06B, resulting in an operating margin of 26.6%.
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%.
JNJ - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Johnson & Johnson reported a net income of 5.24B and revenue of 24.06B, resulting in a net margin of 21.8%.
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%.
Frequently Asked Questions
JNJ and IDXX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IDXX has higher volatility (8.02%) compared to JNJ (5.47%). In terms of maximum drawdown, JNJ dropped -50.67% vs IDXX's -81.42%.
JNJ currently has the higher Sharpe Ratio (3.42 vs 0.16), 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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