IDEX CORP (IEX) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:IEX • US45167R1041

211.37 USD
-1.57 (-0.74%)
At close: Feb 6, 2026
211.42 USD
+0.05 (+0.02%)
After Hours: 2/6/2026, 5:05:00 PM
Fundamental Rating

5

We assign a fundamental rating of 5 out of 10 to IEX. IEX was compared to 132 industry peers in the Machinery industry. While IEX has a great health rating, its profitability is only average at the moment. IEX is valued expensive and it does not seem to be growing.


Dividend Valuation Growth Profitability Health

6

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.
  • IEX had positive earnings in 4 of the past 5 years.
  • IEX had a positive operating cash flow in 4 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 200M 400M 600M

1.2 Ratios

  • Looking at the Return On Assets, with a value of 6.86%, IEX is in the better half of the industry, outperforming 70.45% of the companies in the same industry.
  • The Return On Equity of IEX (11.91%) is better than 68.94% of its industry peers.
  • Looking at the Return On Invested Capital, with a value of 8.70%, IEX is in the better half of the industry, outperforming 63.64% of the companies in the same industry.
  • Measured over the past 3 years, the Average Return On Invested Capital for IEX is in line with the industry average of 10.37%.
Industry RankSector 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%
IEX Yearly ROA, ROE, ROICIEX Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • Looking at the Profit Margin, with a value of 13.97%, IEX belongs to the top of the industry, outperforming 85.61% of the companies in the same industry.
  • In the last couple of years the Profit Margin of IEX has declined.
  • Looking at the Operating Margin, with a value of 20.72%, IEX belongs to the top of the industry, outperforming 90.91% of the companies in the same industry.
  • In the last couple of years the Operating Margin of IEX has declined.
  • IEX has a Gross Margin of 44.41%. This is amongst the best in the industry. IEX outperforms 85.61% of its industry peers.
  • IEX's Gross Margin has been stable in the last couple of years.
Industry RankSector 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%
IEX Yearly Profit, Operating, Gross MarginsIEX Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

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.
  • There is no outstanding debt for IEX. This means it has a Debt/Equity and Debt/FCF ratio of 0 and it is amongst the best of the sector and industry.
IEX Yearly Shares OutstandingIEX Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 2B 4B 6B

2.2 Solvency

  • IEX has an Altman-Z score of 5.14. This indicates that IEX is financially healthy and has little risk of bankruptcy at the moment.
  • IEX has a Altman-Z score of 5.14. This is in the better half of the industry: IEX outperforms 75.76% of its industry peers.
  • IEX has a debt to FCF ratio of 3.26. This is a good value and a sign of high solvency as IEX would need 3.26 years to pay back of all of its debts.
  • IEX has a Debt to FCF ratio of 3.26. This is in the better half of the industry: IEX outperforms 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 of 0.47. This is comparable to the rest of the industry: IEX outperforms 47.73% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.47
Debt/FCF 3.26
Altman-Z 5.14
ROIC/WACC0.93
WACC9.35%
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 1B 2B 3B

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.
  • With a decent Current ratio value of 2.93, IEX is doing good in the industry, outperforming 76.52% of the companies in the same industry.
  • A Quick Ratio of 2.06 indicates that IEX has no problem at all paying its short term obligations.
  • IEX's Quick ratio of 2.06 is fine compared to the rest of the industry. IEX outperforms 76.52% of its industry peers.
Industry RankSector Rank
Current Ratio 2.93
Quick Ratio 2.06
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 500M 1B 1.5B

More info and screens

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

3

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.
EPS 1Y (TTM)0.89%
EPS 3Y-0.74%
EPS 5Y8.86%
EPS Q2Q%2.94%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
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 11.77% yearly.
  • The Revenue is expected to grow by 7.48% on average over the next years.
EPS Next Y5.53%
EPS Next 2Y7.07%
EPS Next 3Y10.53%
EPS Next 5Y11.77%
Revenue Next Year2.91%
Revenue Next 2Y4.16%
Revenue Next 3Y6.04%
Revenue Next 5Y7.48%

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.
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 1B 2B 3B 4B
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 2 4 6 8 10

More info and screens

Find the best growth stocksShow best growing peers

2

4. Valuation

4.1 Price/Earnings Ratio

  • The Price/Earnings ratio is 26.59, 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.
  • When comparing the Price/Earnings ratio of IEX to the average of the S&P500 Index (27.67), we can say IEX is valued inline with the index average.
  • IEX is valuated quite expensively with a Price/Forward Earnings ratio of 25.19.
  • 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 27.20.
Industry RankSector Rank
PE 26.59
Fwd PE 25.19
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

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of IEX is on the same level as its industry peers.
  • IEX's Price/Free Cash Flow is on the same level as the industry average.
Industry RankSector Rank
P/FCF 27.09
EV/EBITDA 18.89
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)4.81
PEG (5Y)3
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

  • With a Yearly Dividend Yield of 1.33%, IEX has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 1.00, 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 1.33%

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 its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)6.95%
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

  • 44.24% 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 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 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 (2/6/2026, 5:05:00 PM)

After market: 211.42 +0.05 (+0.02%)

211.37

-1.57 (-0.74%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)02-04
Earnings (Next)04-29
Inst Owners106.01%
Inst Owner Change-2.55%
Ins Owners0.19%
Ins Owner Change2.55%
Market Cap15.82B
Revenue(TTM)N/A
Net Income(TTM)477.90M
Analysts76.84
Price Target202.22 (-4.33%)
Short Float %3.62%
Short Ratio4.22
Dividend
Industry RankSector Rank
Dividend Yield 1.33%
Yearly Dividend2.71
Dividend Growth(5Y)6.95%
DP44.24%
Div Incr Years15
Div Non Decr Years29
Ex-Date01-16
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 RankSector Rank
PE 26.59
Fwd PE 25.19
P/S 4.62
P/FCF 27.09
P/OCF 24.61
P/B 3.94
P/tB N/A
EV/EBITDA 18.89
EPS(TTM)7.95
EY3.76%
EPS(NY)8.39
Fwd EY3.97%
FCF(TTM)7.8
FCFY3.69%
OCF(TTM)8.59
OCFY4.06%
SpS45.71
BVpS53.59
TBVpS-9.07
PEG (NY)4.81
PEG (5Y)3
Graham Number97.91
Profitability
Industry RankSector 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 RankSector 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 5.14
F-Score7
WACC9.35%
ROIC/WACC0.93
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)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 5Y11.77%
Revenue 1Y (TTM)N/A
Revenue growth 3YN/A
Revenue growth 5YN/A
Sales Q2Q%4.2%
Revenue Next Year2.91%
Revenue Next 2Y4.16%
Revenue Next 3Y6.04%
Revenue Next 5Y7.48%
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 5 / 10 to IEX.


Can you provide the valuation status for IDEX CORP?

ChartMill assigns a valuation rating of 2 / 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 6 / 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 26.59 and the Price/Book (PB) ratio is 3.94.


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 44.24%.