IDEX CORP (IEX) Stock Fundamental Analysis
NYSE:IEX • US45167R1041
206.65 USD
-0.83 (-0.4%)
At close: Feb 23, 2026
206.65 USD
0 (0%)
After Hours: 2/23/2026, 5:17:09 PM
We assign a fundamental rating of 7 out of 10 to IEX. IEX was compared to 130 industry peers in the Machinery industry. IEX scores excellent points on both the profitability and health parts. This is a solid base for a good stock. While showing a medium growth rate, IEX is valued expensive at the moment. Finally IEX also has an excellent dividend rating. These ratings could make IEX a good candidate for dividend and quality investing.
1. Profitability
1.1 Basic Checks
- In the past year IEX was profitable.
- In the past year IEX had a positive cash flow from operations.
- IEX had positive earnings in each of the past 5 years.
- IEX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- IEX's Return On Assets of 6.98% is fine compared to the rest of the industry. IEX outperforms 71.54% of its industry peers.
- IEX has a better Return On Equity (12.00%) than 69.23% of its industry peers.
- IEX has a better Return On Invested Capital (8.86%) than 63.85% of its industry peers.
- IEX had an Average Return On Invested Capital over the past 3 years of 9.50%. This is in line with the industry average of 10.17%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.98% | ||
| ROE | 12% | ||
| ROIC | 8.86% |
ROA(3y)8.21%
ROA(5y)8.88%
ROE(3y)14.05%
ROE(5y)15.5%
ROIC(3y)9.5%
ROIC(5y)10.42%
1.3 Margins
- IEX has a Profit Margin of 13.98%. This is amongst the best in the industry. IEX outperforms 85.38% of its industry peers.
- IEX's Profit Margin has declined in the last couple of years.
- With an excellent Operating Margin value of 20.96%, IEX belongs to the best of the industry, outperforming 91.54% of the companies in the same industry.
- IEX's Operating Margin has declined in the last couple of years.
- IEX has a Gross Margin of 44.52%. This is amongst the best in the industry. IEX outperforms 85.38% of its industry peers.
- In the last couple of years the Gross Margin of IEX has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.96% | ||
| PM (TTM) | 13.98% | ||
| GM | 44.52% |
OM growth 3Y-5.33%
OM growth 5Y-1.66%
PM growth 3Y-8.83%
PM growth 5Y-2.75%
GM growth 3Y-0.25%
GM growth 5Y0.37%
2. Health
2.1 Basic Checks
- IEX has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- IEX has less shares outstanding than it did 1 year ago.
- IEX has less shares outstanding than it did 5 years ago.
- Compared to 1 year ago, IEX has an improved debt to assets ratio.
2.2 Solvency
- An Altman-Z score of 5.15 indicates that IEX is not in any danger for bankruptcy at the moment.
- IEX's Altman-Z score of 5.15 is fine compared to the rest of the industry. IEX outperforms 76.92% of its industry peers.
- The Debt to FCF ratio of IEX is 2.95, which is a good value as it means it would take IEX, 2.95 years of fcf income to pay off all of its debts.
- With a decent Debt to FCF ratio value of 2.95, IEX is doing good in the industry, outperforming 70.77% of the companies in the same industry.
- A Debt/Equity ratio of 0.45 indicates that IEX is not too dependend on debt financing.
- With a Debt to Equity ratio value of 0.45, IEX perfoms like the industry average, outperforming 50.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.95 | ||
| Altman-Z | 5.15 |
ROIC/WACC0.98
WACC9.07%
2.3 Liquidity
- A Current Ratio of 2.86 indicates that IEX has no problem at all paying its short term obligations.
- The Current ratio of IEX (2.86) is better than 76.15% of its industry peers.
- IEX has a Quick Ratio of 2.02. This indicates that IEX is financially healthy and has no problem in meeting its short term obligations.
- With a decent Quick ratio value of 2.02, IEX is doing good in the industry, outperforming 74.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.86 | ||
| Quick Ratio | 2.02 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 0.89% over the past year.
- The Earnings Per Share has been growing by 8.86% on average over the past years. This is quite good.
- The Revenue has been growing slightly by 5.77% in the past year.
- IEX shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 8.01% yearly.
EPS 1Y (TTM)0.89%
EPS 3Y-0.74%
EPS 5Y8.86%
EPS Q2Q%2.94%
Revenue 1Y (TTM)5.77%
Revenue growth 3Y2.81%
Revenue growth 5Y8.01%
Sales Q2Q%4.2%
3.2 Future
- Based on estimates for the next years, IEX will show a quite strong growth in Earnings Per Share. The EPS will grow by 12.46% on average per year.
- Based on estimates for the next years, IEX will show a quite strong growth in Revenue. The Revenue will grow by 8.61% on average per year.
EPS Next Y5.53%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
EPS Next 5Y12.46%
Revenue Next Year3.57%
Revenue Next 2Y4.01%
Revenue Next 3Y4.8%
Revenue Next 5Y8.61%
3.3 Evolution
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 25.99, which means the current valuation is very expensive for IEX.
- Compared to the rest of the industry, the Price/Earnings ratio of IEX is on the same level as its industry peers.
- IEX is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
- A Price/Forward Earnings ratio of 24.63 indicates a rather expensive valuation of IEX.
- The rest of the industry has a similar Price/Forward Earnings ratio as IEX.
- IEX's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 28.02.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.99 | ||
| Fwd PE | 24.63 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IEX is on the same level as its industry peers.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of IEX indicates a somewhat cheap valuation: IEX is cheaper than 60.77% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 25.08 | ||
| EV/EBITDA | 18.01 |
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)4.7
PEG (5Y)2.93
EPS Next 2Y7.07%
EPS Next 3Y10.53%
5. Dividend
5.1 Amount
- IEX has a Yearly Dividend Yield of 1.37%.
- IEX's Dividend Yield is rather good when compared to the industry average which is at 1.18. IEX pays more dividend than 80.77% of the companies in the same industry.
- Compared to the average S&P500 Dividend Yield of 1.81, IEX is paying slightly less dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.37% |
5.2 History
- On average, the dividend of IEX grows each year by 7.16%, which is quite nice.
- IEX has paid a dividend for at least 10 years, which is a reliable track record.
- IEX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.16%
Div Incr Years15
Div Non Decr Years29
5.3 Sustainability
- IEX pays out 44.00% of its income as dividend. 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%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
206.65
-0.83 (-0.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04 2026-02-04/bmo
Earnings (Next)04-29 2026-04-29
Inst Owners106.01%
Inst Owner Change-0.72%
Ins Owners0.19%
Ins Owner Change2.23%
Market Cap15.47B
Revenue(TTM)3.46B
Net Income(TTM)483.20M
Analysts76.84
Price Target202.22 (-2.14%)
Short Float %3.38%
Short Ratio3.17
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 1.37% |
Yearly Dividend2.82
Dividend Growth(5Y)7.16%
DP44%
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)2.95%
Min EPS beat(2)1.76%
Max EPS beat(2)4.13%
EPS beat(4)4
Avg EPS beat(4)3.72%
Min EPS beat(4)1.76%
Max EPS beat(4)6.08%
EPS beat(8)5
Avg EPS beat(8)2.54%
EPS beat(12)9
Avg EPS beat(12)3.19%
EPS beat(16)13
Avg EPS beat(16)3.87%
Revenue beat(2)2
Avg Revenue beat(2)0.89%
Min Revenue beat(2)0.88%
Max Revenue beat(2)0.9%
Revenue beat(4)2
Avg Revenue beat(4)0.36%
Min Revenue beat(4)-0.22%
Max Revenue beat(4)0.9%
Revenue beat(8)2
Avg Revenue beat(8)-0.63%
Revenue beat(12)4
Avg Revenue beat(12)-0.33%
Revenue beat(16)8
Avg Revenue beat(16)0.69%
PT rev (1m)1.54%
PT rev (3m)2.4%
EPS NQ rev (1m)-3.45%
EPS NQ rev (3m)-4.69%
EPS NY rev (1m)0.02%
EPS NY rev (3m)-1.37%
Revenue NQ rev (1m)2.36%
Revenue NQ rev (3m)1.74%
Revenue NY rev (1m)0.64%
Revenue NY rev (3m)0.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 25.99 | ||
| Fwd PE | 24.63 | ||
| P/S | 4.47 | ||
| P/FCF | 25.08 | ||
| P/OCF | 22.73 | ||
| P/B | 3.84 | ||
| P/tB | N/A | ||
| EV/EBITDA | 18.01 |
EPS(TTM)7.95
EY3.85%
EPS(NY)8.39
Fwd EY4.06%
FCF(TTM)8.24
FCFY3.99%
OCF(TTM)9.09
OCFY4.4%
SpS46.19
BVpS53.81
TBVpS-8.48
PEG (NY)4.7
PEG (5Y)2.93
Graham Number98.11
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.98% | ||
| ROE | 12% | ||
| ROCE | 11.41% | ||
| ROIC | 8.86% | ||
| ROICexc | 9.75% | ||
| ROICexgc | 50.69% | ||
| OM | 20.96% | ||
| PM (TTM) | 13.98% | ||
| GM | 44.52% | ||
| FCFM | 17.84% |
ROA(3y)8.21%
ROA(5y)8.88%
ROE(3y)14.05%
ROE(5y)15.5%
ROIC(3y)9.5%
ROIC(5y)10.42%
ROICexc(3y)10.53%
ROICexc(5y)11.82%
ROICexgc(3y)55.4%
ROICexgc(5y)58.37%
ROCE(3y)12.24%
ROCE(5y)13.43%
ROICexgc growth 3Y-7.52%
ROICexgc growth 5Y-3.74%
ROICexc growth 3Y-10.17%
ROICexc growth 5Y-6.88%
OM growth 3Y-5.33%
OM growth 5Y-1.66%
PM growth 3Y-8.83%
PM growth 5Y-2.75%
GM growth 3Y-0.25%
GM growth 5Y0.37%
F-Score8
Asset Turnover0.5
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.45 | ||
| Debt/FCF | 2.95 | ||
| Debt/EBITDA | 1.95 | ||
| Cap/Depr | 30.8% | ||
| Cap/Sales | 1.84% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.06% | ||
| Profit Quality | 127.65% | ||
| Current Ratio | 2.86 | ||
| Quick Ratio | 2.02 | ||
| Altman-Z | 5.15 |
F-Score8
WACC9.07%
ROIC/WACC0.98
Cap/Depr(3y)42.33%
Cap/Depr(5y)50.87%
Cap/Sales(3y)2.19%
Cap/Sales(5y)2.27%
Profit Quality(3y)117.4%
Profit Quality(5y)109.04%
High Growth Momentum
Growth
EPS 1Y (TTM)0.89%
EPS 3Y-0.74%
EPS 5Y8.86%
EPS Q2Q%2.94%
EPS Next Y5.53%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
EPS Next 5Y12.46%
Revenue 1Y (TTM)5.77%
Revenue growth 3Y2.81%
Revenue growth 5Y8.01%
Sales Q2Q%4.2%
Revenue Next Year3.57%
Revenue Next 2Y4.01%
Revenue Next 3Y4.8%
Revenue Next 5Y8.61%
EBIT growth 1Y4.11%
EBIT growth 3Y-2.67%
EBIT growth 5Y6.22%
EBIT Next Year33.68%
EBIT Next 3Y18.25%
EBIT Next 5Y16.1%
FCF growth 1Y2.29%
FCF growth 3Y8.02%
FCF growth 5Y3.56%
OCF growth 1Y1.84%
OCF growth 3Y6.87%
OCF growth 5Y3.63%
IDEX CORP / IEX FAQ
What is the fundamental rating for IEX stock?
ChartMill assigns a fundamental rating of 7 / 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 25.99 and the Price/Book (PB) ratio is 3.84.
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%.