IDEX CORP (IEX) Stock Fundamental Analysis

NYSE:IEX • US45167R1041

207.01 USD
-2.46 (-1.17%)
Last: Mar 2, 2026, 11:37 AM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall IEX gets a fundamental rating of 6 out of 10. We evaluated IEX against 130 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. These ratings would make IEX suitable for quality investing!


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • IEX had positive earnings in the past year.
  • IEX had a positive operating cash flow in the past year.
  • In the past 5 years IEX has always been profitable.
  • IEX had a positive operating cash flow in each of the past 5 years.
IEX Yearly Net Income VS EBIT VS OCF VS FCFIEX Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M

1.2 Ratios

  • IEX has a better Return On Assets (6.98%) than 71.54% of its industry peers.
  • IEX's Return On Equity of 12.00% is fine compared to the rest of the industry. IEX outperforms 69.23% of its industry peers.
  • IEX has a Return On Invested Capital of 8.86%. This is in the better half of the industry: IEX outperforms 66.15% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for IEX is in line with the industry average of 10.27%.
Industry RankSector 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%
IEX Yearly ROA, ROE, ROICIEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.98%, IEX belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
  • In the last couple of years the Profit Margin of IEX has declined.
  • 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.
  • In the last couple of years the Operating Margin of IEX has declined.
  • Looking at the Gross Margin, with a value of 44.52%, IEX belongs to the top of the industry, outperforming 85.38% of the companies in the same industry.
  • IEX's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
IEX Yearly Profit, Operating, Gross MarginsIEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

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ROAROEROICOperating and Profit MarginShow most profitable peers

8

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.
  • Compared to 5 years ago, IEX has less shares outstanding
  • The debt/assets ratio for IEX has been reduced compared to a year ago.
IEX Yearly Shares OutstandingIEX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
IEX Yearly Total Debt VS Total AssetsIEX Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

2.2 Solvency

  • IEX has an Altman-Z score of 5.18. 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 5.18, IEX is in the better half of the industry, outperforming 76.15% of the companies in the same industry.
  • IEX has a debt to FCF ratio of 2.95. This is a good value and a sign of high solvency as IEX would need 2.95 years to pay back of all of its debts.
  • IEX has a better Debt to FCF ratio (2.95) than 69.23% of its industry peers.
  • A Debt/Equity ratio of 0.45 indicates that IEX is not too dependend on debt financing.
  • Looking at the Debt to Equity ratio, with a value of 0.45, IEX is in line with its industry, outperforming 50.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 0.45
Debt/FCF 2.95
Altman-Z 5.18
ROIC/WACC0.99
WACC8.92%
IEX Yearly LT Debt VS Equity VS FCFIEX Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B 4B

2.3 Liquidity

  • A Current Ratio of 2.86 indicates that IEX has no problem at all paying its short term obligations.
  • IEX's Current ratio of 2.86 is fine compared to the rest of the industry. IEX outperforms 75.38% of its industry peers.
  • A Quick Ratio of 2.02 indicates that IEX has no problem at all paying its short term obligations.
  • Looking at the Quick ratio, with a value of 2.02, IEX is in the better half of the industry, outperforming 74.62% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.86
Quick Ratio 2.02
IEX Yearly Current Assets VS Current LiabilitesIEX Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

6

3. Growth

3.1 Past

  • The Earnings Per Share has been growing slightly by 0.89% over the past year.
  • IEX shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.86% yearly.
  • The Revenue has been growing slightly by 5.77% in the past year.
  • The Revenue has been growing by 8.01% on average over the past years. This is quite good.
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

  • IEX is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 12.46% yearly.
  • IEX is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 8.61% yearly.
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.
IEX Yearly Revenue VS EstimatesIEX Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B 5B
IEX Yearly EPS VS EstimatesIEX Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5 10

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Find the best growth stocksShow best growing peers

3

4. Valuation

4.1 Price/Earnings Ratio

  • With a Price/Earnings ratio of 26.04, IEX can be considered very expensive at the moment.
  • IEX's Price/Earnings ratio is in line with the industry average.
  • When comparing the Price/Earnings ratio of IEX to the average of the S&P500 Index (27.07), we can say IEX is valued inline with the index average.
  • The Price/Forward Earnings ratio is 24.67, which indicates a rather expensive current valuation of IEX.
  • IEX's Price/Forward Earnings ratio is in line with the industry average.
  • The average S&P500 Price/Forward Earnings ratio is at 28.05. IEX is around the same levels.
Industry RankSector Rank
PE 26.04
Fwd PE 24.67
IEX Price Earnings VS Forward Price EarningsIEX Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • The rest of the industry has a similar Enterprise Value to EBITDA ratio as IEX.
  • Based on the Price/Free Cash Flow ratio, IEX is valued a bit cheaper than 61.54% of the companies in the same industry.
Industry RankSector Rank
P/FCF 25.12
EV/EBITDA 18.17
IEX Per share dataIEX EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 40

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)4.71
PEG (5Y)2.94
EPS Next 2Y7.07%
EPS Next 3Y10.53%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. Dividend

5.1 Amount

  • IEX has a Yearly Dividend Yield of 1.36%. Purely for dividend investing, there may be better candidates out there.
  • Compared to an average industry Dividend Yield of 1.13, IEX pays a bit more dividend than its industry peers.
  • IEX's Dividend Yield is slightly below the S&P500 average, which is at 1.82.
Industry RankSector Rank
Dividend Yield 1.36%

5.2 History

  • On average, the dividend of IEX grows each year by 7.16%, which is quite nice.
  • IEX has been paying a dividend for at least 10 years, so it has a reliable track record.
  • IEX has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)7.16%
Div Incr Years15
Div Non Decr Years29
IEX Yearly Dividends per shareIEX Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5 2 2.5

5.3 Sustainability

  • 44.00% of the earnings are spent on dividend by IEX. This is a bit on the high side, but may be sustainable.
  • IEX's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP44%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
IEX Yearly Income VS Free CF VS DividendIEX Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 200M 400M 600M
IEX Dividend Payout.IEX Dividend Payout, showing the Payout Ratio.IEX Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

IDEX CORP

NYSE:IEX (3/2/2026, 11:37:24 AM)

207.01

-2.46 (-1.17%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04
Earnings (Next)04-29
Inst Owners106.01%
Inst Owner Change-0.71%
Ins Owners0.19%
Ins Owner Change4.03%
Market Cap15.49B
Revenue(TTM)3.46B
Net Income(TTM)483.20M
Analysts76.84
Price Target229.68 (10.95%)
Short Float %3.38%
Short Ratio3.17
Dividend
Industry RankSector Rank
Dividend Yield 1.36%
Yearly Dividend2.82
Dividend Growth(5Y)7.16%
DP44%
Div Incr Years15
Div Non Decr Years29
Ex-Date01-16
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)15.32%
PT rev (3m)16.31%
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 RankSector Rank
PE 26.04
Fwd PE 24.67
P/S 4.48
P/FCF 25.12
P/OCF 22.77
P/B 3.85
P/tB N/A
EV/EBITDA 18.17
EPS(TTM)7.95
EY3.84%
EPS(NY)8.39
Fwd EY4.05%
FCF(TTM)8.24
FCFY3.98%
OCF(TTM)9.09
OCFY4.39%
SpS46.19
BVpS53.81
TBVpS-8.48
PEG (NY)4.71
PEG (5Y)2.94
Graham Number98.11
Profitability
Industry RankSector 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 RankSector 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 5.18
F-Score8
WACC8.92%
ROIC/WACC0.99
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 Year34.46%
EBIT Next 3Y15.74%
EBIT Next 5Y16.13%
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 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 26.04 and the Price/Book (PB) ratio is 3.85.


How sustainable is the dividend of IDEX CORP (IEX) stock?

The dividend rating of IDEX CORP (IEX) is 6 / 10 and the dividend payout ratio is 44%.