IDEX CORP (IEX) Stock Fundamental Analysis
USA • New York Stock Exchange • NYSE:IEX • US45167R1041
212.25 USD
+10.64 (+5.28%)
At close: Feb 4, 2026
213 USD
+0.75 (+0.35%)
After Hours: 2/4/2026, 8:28:00 PM
Taking everything into account, IEX scores 6 out of 10 in our fundamental rating. IEX was compared to 132 industry peers in the Machinery industry. Both the health and profitability get an excellent rating, making IEX a very profitable company, without any liquidiy or solvency issues. IEX is valied quite expensively at the moment, while it does show a decent growth rate. IEX also has an excellent dividend rating. With these ratings, IEX could be worth investigating further for dividend and quality investing!.
1. Profitability
1.1 Basic Checks
- IEX had positive earnings in the past year.
- In the past year IEX had a positive cash flow from operations.
- Each year in the past 5 years IEX has been profitable.
- In the past 5 years IEX always reported a positive cash flow from operatings.
1.2 Ratios
- IEX's Return On Assets of 6.86% is fine compared to the rest of the industry. IEX outperforms 70.45% of its industry peers.
- With a decent Return On Equity value of 11.91%, IEX is doing good in the industry, outperforming 68.94% of the companies in the same industry.
- IEX has a Return On Invested Capital of 8.70%. This is in the better half of the industry: IEX outperforms 63.64% of its industry peers.
- IEX had an Average Return On Invested Capital over the past 3 years of 10.77%. This is in line with the industry average of 10.37%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 11.91% | ||
| ROIC | 8.7% |
ROA(3y)9.43%
ROA(5y)9.2%
ROE(3y)16.48%
ROE(5y)16.07%
ROIC(3y)10.77%
ROIC(5y)10.86%
1.3 Margins
- With an excellent Profit Margin value of 13.97%, IEX belongs to the best of the industry, outperforming 85.61% of the companies in the same industry.
- IEX's Profit Margin has declined in the last couple of years.
- IEX has a Operating Margin of 20.72%. This is amongst the best in the industry. IEX outperforms 90.91% of its industry peers.
- IEX's Operating Margin has declined in the last couple of years.
- Looking at the Gross Margin, with a value of 44.41%, IEX belongs to the top of the industry, outperforming 85.61% of the companies in the same industry.
- IEX's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.72% | ||
| PM (TTM) | 13.97% | ||
| GM | 44.41% |
OM growth 3Y-3.35%
OM growth 5Y-2.38%
PM growth 3Y-1.68%
PM growth 5Y-1.96%
GM growth 3Y-0.06%
GM growth 5Y-0.4%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), IEX is creating some value.
- The number of shares outstanding for IEX has been increased compared to 1 year ago.
- Compared to 5 years ago, IEX has less shares outstanding
- IEX has a worse debt/assets ratio than last year.
2.2 Solvency
- IEX has an Altman-Z score of 4.96. This indicates that IEX is financially healthy and has little risk of bankruptcy at the moment.
- Looking at the Altman-Z score, with a value of 4.96, IEX is in the better half of the industry, outperforming 75.00% of the companies in the same industry.
- The Debt to FCF ratio of IEX is 3.26, which is a good value as it means it would take IEX, 3.26 years of fcf income to pay off all of its debts.
- IEX has a better Debt to FCF ratio (3.26) than 65.91% of its industry peers.
- IEX has a Debt/Equity ratio of 0.47. This is a healthy value indicating a solid balance between debt and equity.
- IEX has a Debt to Equity ratio (0.47) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.26 | ||
| Altman-Z | 4.96 |
ROIC/WACC0.92
WACC9.41%
2.3 Liquidity
- IEX has a Current Ratio of 2.93. This indicates that IEX is financially healthy and has no problem in meeting its short term obligations.
- The Current ratio of IEX (2.93) is better than 76.52% of its industry peers.
- IEX has a Quick Ratio of 2.06. This indicates that IEX is financially healthy and has no problem in meeting its short term obligations.
- IEX has a better Quick ratio (2.06) than 76.52% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.93 | ||
| Quick Ratio | 2.06 |
3. Growth
3.1 Past
- IEX shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.87%.
- IEX shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.36% yearly.
- The Revenue has been growing slightly by 7.09% in the past year.
- IEX shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.55% yearly.
EPS 1Y (TTM)2.87%
EPS 3Y7.74%
EPS 5Y6.36%
EPS Q2Q%6.84%
Revenue 1Y (TTM)7.09%
Revenue growth 3Y5.74%
Revenue growth 5Y5.55%
Sales Q2Q%10.09%
3.2 Future
- IEX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 9.51% yearly.
- The Revenue is expected to grow by 7.01% on average over the next years.
EPS Next Y1.16%
EPS Next 2Y3.17%
EPS Next 3Y4.97%
EPS Next 5Y9.51%
Revenue Next Year5.14%
Revenue Next 2Y4.02%
Revenue Next 3Y4.47%
Revenue Next 5Y7.01%
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- Based on the Price/Earnings ratio of 26.90, the valuation of IEX can be described as expensive.
- Compared to the rest of the industry, the Price/Earnings ratio of IEX indicates a somewhat cheap valuation: IEX is cheaper than 60.61% of the companies listed in the same industry.
- IEX's Price/Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.25.
- A Price/Forward Earnings ratio of 25.30 indicates a quite expensive valuation of IEX.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of IEX is on the same level as its industry peers.
- The average S&P500 Price/Forward Earnings ratio is at 27.50. IEX is around the same levels.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.9 | ||
| Fwd PE | 25.3 |
4.2 Price Multiples
- IEX's Enterprise Value to EBITDA ratio is in line with the industry average.
- The rest of the industry has a similar Price/Free Cash Flow ratio as IEX.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.2 | ||
| EV/EBITDA | 17.96 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates IEX does not grow enough to justify the current Price/Earnings ratio.
- IEX has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)23.19
PEG (5Y)4.23
EPS Next 2Y3.17%
EPS Next 3Y4.97%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 1.42%, IEX has a reasonable but not impressive dividend return.
- Compared to an average industry Dividend Yield of 1.01, IEX pays a better dividend. On top of this IEX pays more dividend than 81.06% of the companies listed in the same industry.
- Compared to the average S&P500 Dividend Yield of 1.82, IEX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
5.2 History
- The dividend of IEX is nicely growing with an annual growth rate of 6.95%!
- IEX has paid a dividend for at least 10 years, which is a reliable track record.
- IEX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)6.95%
Div Incr Years15
Div Non Decr Years29
5.3 Sustainability
- 44.24% of the earnings are spent on dividend by IEX. This is a bit on the high side, but may be sustainable.
- The dividend of IEX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP44.24%
EPS Next 2Y3.17%
EPS Next 3Y4.97%
212.25
+10.64 (+5.28%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)10-29 2025-10-29/bmo
Earnings (Next)02-04 2026-02-04/bmo
Inst Owners106.01%
Inst Owner Change-2.55%
Ins Owners0.19%
Ins Owner Change2.55%
Market Cap15.89B
Revenue(TTM)3.42B
Net Income(TTM)477.90M
Analysts76.84
Price Target199.16 (-6.17%)
Short Float %3.62%
Short Ratio4.22
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.42% |
Yearly Dividend2.71
Dividend Growth(5Y)6.95%
DP44.24%
Div Incr Years15
Div Non Decr Years29
Ex-Date01-16 2026-01-16 (0.71)
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.51%
Min EPS beat(2)2.89%
Max EPS beat(2)4.13%
EPS beat(4)3
Avg EPS beat(4)3.25%
Min EPS beat(4)-0.11%
Max EPS beat(4)6.08%
EPS beat(8)5
Avg EPS beat(8)2.57%
EPS beat(12)9
Avg EPS beat(12)3.1%
EPS beat(16)12
Avg EPS beat(16)3.58%
Revenue beat(2)1
Avg Revenue beat(2)0.34%
Min Revenue beat(2)-0.22%
Max Revenue beat(2)0.9%
Revenue beat(4)1
Avg Revenue beat(4)-0.13%
Min Revenue beat(4)-1.1%
Max Revenue beat(4)0.9%
Revenue beat(8)2
Avg Revenue beat(8)-0.54%
Revenue beat(12)4
Avg Revenue beat(12)-0.08%
Revenue beat(16)7
Avg Revenue beat(16)0.63%
PT rev (1m)0.64%
PT rev (3m)0.81%
EPS NQ rev (1m)-0.05%
EPS NQ rev (3m)-4.11%
EPS NY rev (1m)0%
EPS NY rev (3m)0.12%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-1.05%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.2%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 26.9 | ||
| Fwd PE | 25.3 | ||
| P/S | 4.64 | ||
| P/FCF | 27.2 | ||
| P/OCF | 24.71 | ||
| P/B | 3.96 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.96 |
EPS(TTM)7.89
EY3.72%
EPS(NY)8.39
Fwd EY3.95%
FCF(TTM)7.8
FCFY3.68%
OCF(TTM)8.59
OCFY4.05%
SpS45.71
BVpS53.59
TBVpS-9.07
PEG (NY)23.19
PEG (5Y)4.23
Graham Number97.54
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.86% | ||
| ROE | 11.91% | ||
| ROCE | 11.07% | ||
| ROIC | 8.7% | ||
| ROICexc | 9.59% | ||
| ROICexgc | 49.69% | ||
| OM | 20.72% | ||
| PM (TTM) | 13.97% | ||
| GM | 44.41% | ||
| FCFM | 17.07% |
ROA(3y)9.43%
ROA(5y)9.2%
ROE(3y)16.48%
ROE(5y)16.07%
ROIC(3y)10.77%
ROIC(5y)10.86%
ROICexc(3y)11.91%
ROICexc(5y)12.81%
ROICexgc(3y)60.63%
ROICexgc(5y)61.29%
ROCE(3y)13.7%
ROCE(5y)13.82%
ROICexgc growth 3Y-3.1%
ROICexgc growth 5Y-4.49%
ROICexc growth 3Y-11.38%
ROICexc growth 5Y-9.81%
OM growth 3Y-3.35%
OM growth 5Y-2.38%
PM growth 3Y-1.68%
PM growth 5Y-1.96%
GM growth 3Y-0.06%
GM growth 5Y-0.4%
F-Score7
Asset Turnover0.49
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.47 | ||
| Debt/FCF | 3.26 | ||
| Debt/EBITDA | 2.08 | ||
| Cap/Depr | 28.86% | ||
| Cap/Sales | 1.72% | ||
| Interest Coverage | 9.7 | ||
| Cash Conversion | 70.42% | ||
| Profit Quality | 122.2% | ||
| Current Ratio | 2.93 | ||
| Quick Ratio | 2.06 | ||
| Altman-Z | 4.96 |
F-Score7
WACC9.41%
ROIC/WACC0.92
Cap/Depr(3y)51%
Cap/Depr(5y)57.05%
Cap/Sales(3y)2.29%
Cap/Sales(5y)2.34%
Profit Quality(3y)102.65%
Profit Quality(5y)110.92%
High Growth Momentum
Growth
EPS 1Y (TTM)2.87%
EPS 3Y7.74%
EPS 5Y6.36%
EPS Q2Q%6.84%
EPS Next Y1.16%
EPS Next 2Y3.17%
EPS Next 3Y4.97%
EPS Next 5Y9.51%
Revenue 1Y (TTM)7.09%
Revenue growth 3Y5.74%
Revenue growth 5Y5.55%
Sales Q2Q%10.09%
Revenue Next Year5.14%
Revenue Next 2Y4.02%
Revenue Next 3Y4.47%
Revenue Next 5Y7.01%
EBIT growth 1Y1.74%
EBIT growth 3Y2.2%
EBIT growth 5Y3.04%
EBIT Next Year28.31%
EBIT Next 3Y12.59%
EBIT Next 5Y12.78%
FCF growth 1Y-1.8%
FCF growth 3Y6.97%
FCF growth 5Y4.79%
OCF growth 1Y-5.87%
OCF growth 3Y5.73%
OCF growth 5Y4.82%
IDEX CORP / IEX FAQ
What is the fundamental rating for IEX stock?
ChartMill assigns a fundamental rating of 6 / 10 to IEX.
Can you provide the valuation status for IDEX CORP?
ChartMill assigns a valuation rating of 3 / 10 to IDEX CORP (IEX). This can be considered as Overvalued.
What is the profitability of IEX stock?
IDEX CORP (IEX) has a profitability rating of 7 / 10.
What is the valuation of IDEX CORP based on its PE and PB ratios?
The Price/Earnings (PE) ratio for IDEX CORP (IEX) is 26.9 and the Price/Book (PB) ratio is 3.96.
How sustainable is the dividend of IDEX CORP (IEX) stock?
The dividend rating of IDEX CORP (IEX) is 7 / 10 and the dividend payout ratio is 44.24%.