IDEX Corporation (IEX) Financial Ratios
30 years of historical data (1996–2025) · Industrials · Industrial - Machinery
EV/EBITDA
↓
19.39
-3% vs avg
5yr avg: 19.93
30Y Low7.1·High24.7
P/FCF
↓
27.11
-7% vs avg
5yr avg: 29.29
30Y Low10.2·High36.7
P/B Ratio
↓
4.21
↓-14% vs avg
5yr avg: 4.86
30Y Low1.7·High6.4
ROE
↓
12.4%
↑-24% vs avg
5yr avg: 16.2%
30Y Low3%·High29%
Debt/EBITDA
↑
1.97
+6% vs avg
5yr avg: 1.86
30Y Low0.8·High2.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
IEX Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
IDEX Corporation trades at 35.1x earnings, 12% above its 5-year average of 31.3x, sitting at the 90th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a premium of 37%. On a free-cash-flow basis, the stock trades at 27.1x P/FCF, 7% below the 5-year average of 29.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $16.7B | $13.4B | $15.9B | $16.5B | $17.4B | $18.1B | $15.2B | $13.2B | $9.8B | $10.2B | $6.9B |
| Enterprise Value | $18.0B | $14.6B | $17.3B | $17.4B | $18.5B | $18.5B | $15.3B | $13.5B | $10.2B | $10.7B | $7.7B |
| P/E Ratio → | 35.09 | 27.76 | 31.52 | 27.66 | 29.58 | 40.19 | 40.32 | 30.88 | 23.87 | 30.27 | 25.51 |
| P/S Ratio | 4.84 | 3.88 | 4.86 | 5.03 | 5.45 | 6.53 | 6.47 | 5.27 | 3.94 | 4.46 | 3.27 |
| P/B Ratio | 4.21 | 3.33 | 4.19 | 4.65 | 5.71 | 6.44 | 5.99 | 5.81 | 4.91 | 5.41 | 4.48 |
| P/FCF | 27.11 | 21.72 | 26.34 | 26.29 | 35.46 | 36.65 | 29.40 | 27.56 | 23.36 | 26.24 | 19.11 |
| P/OCF | 24.58 | 19.69 | 23.78 | 22.99 | 31.13 | 31.94 | 26.73 | 24.90 | 20.43 | 23.58 | 17.29 |
P/E links to full P/E history page with 30-year chart
IEX EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
IDEX Corporation's enterprise value stands at 19.4x EBITDA, roughly in line with its 5-year average of 19.9x. The Industrials sector median is 13.8x, placing the stock at a 40% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 4.23 | 5.28 | 5.31 | 5.82 | 6.69 | 6.53 | 5.39 | 4.10 | 4.67 | 3.64 |
| EV / EBITDA | 19.39 | 15.80 | 19.77 | 19.26 | 20.36 | 24.44 | 24.74 | 19.82 | 15.38 | 18.20 | 14.30 |
| EV / EBIT | 24.95 | 21.00 | 25.23 | 21.42 | 23.43 | 29.96 | 29.45 | 23.56 | 17.56 | 21.09 | 18.27 |
| EV / FCF | — | 23.73 | 28.61 | 27.74 | 37.82 | 37.56 | 29.65 | 28.19 | 24.27 | 27.48 | 21.27 |
IEX Profitability
Margins and return-on-capital ratios measuring operating efficiency
IDEX Corporation earns an operating margin of 20.8%, significantly above the Industrials sector average of 4.3%. Operating margins have compressed from 22.9% to 20.8% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 12.4% is modest. ROIC of 10.4% represents solid returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 44.5% | 44.5% | 46.4% | 49.6% | 50.1% | 49.2% | 49.2% | 51.1% | 46.9% | 46.7% | 46.6% |
| Operating Margin | 20.8% | 20.8% | 21.3% | 22.9% | 24.8% | 23.7% | 22.8% | 24.1% | 23.5% | 22.0% | 21.4% |
| Net Profit Margin | 14.0% | 14.0% | 15.4% | 18.2% | 18.4% | 16.3% | 16.1% | 17.1% | 16.5% | 14.7% | 12.8% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 12.4% | 12.4% | 13.8% | 18.1% | 20.1% | 16.8% | 15.7% | 20.0% | 21.2% | 19.7% | 18.2% |
| ROA | 7.1% | 7.1% | 8.0% | 10.5% | 11.3% | 9.6% | 9.2% | 11.7% | 12.0% | 10.3% | 9.1% |
| ROIC | 10.4% | 10.4% | 10.9% | 13.0% | 15.9% | 16.6% | 15.4% | 18.3% | 18.5% | 16.1% | 15.8% |
| ROCE | 11.6% | 11.6% | 12.1% | 14.5% | 16.8% | 15.5% | 14.4% | 18.3% | 19.0% | 17.1% | 16.9% |
IEX Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
IDEX Corporation carries a Debt/EBITDA ratio of 2.0x, which is manageable (39% below the sector average of 3.2x). Net debt stands at $1.2B ($1.8B total debt minus $580M cash). Interest coverage of 10.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.45 | 0.45 | 0.52 | 0.41 | 0.52 | 0.46 | 0.45 | 0.41 | 0.43 | 0.46 | 0.66 |
| Debt / EBITDA | 1.97 | 1.97 | 2.28 | 1.60 | 1.75 | 1.72 | 1.86 | 1.38 | 1.28 | 1.46 | 1.89 |
| Net Debt / Equity | — | 0.31 | 0.36 | 0.26 | 0.38 | 0.16 | 0.05 | 0.13 | 0.19 | 0.26 | 0.50 |
| Net Debt / EBITDA | 1.34 | 1.34 | 1.57 | 1.01 | 1.27 | 0.59 | 0.21 | 0.44 | 0.58 | 0.82 | 1.45 |
| Debt / FCF | — | 2.01 | 2.26 | 1.45 | 2.36 | 0.91 | 0.25 | 0.63 | 0.91 | 1.24 | 2.15 |
| Interest Coverage | 10.82 | 10.82 | 15.37 | 15.71 | 19.41 | 16.38 | 10.26 | 15.02 | 11.45 | 9.83 | 8.02 |
IEX Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
IDEX Corporation's current ratio of 2.86x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.02x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.86 | 2.86 | 2.53 | 2.89 | 2.57 | 3.50 | 4.15 | 3.52 | 3.00 | 2.78 | 2.66 |
| Quick Ratio | 2.02 | 2.02 | 1.85 | 2.05 | 1.71 | 2.72 | 3.43 | 2.70 | 2.23 | 2.06 | 1.84 |
| Cash Ratio | 1.01 | 1.01 | 0.99 | 1.07 | 0.79 | 1.88 | 2.57 | 1.77 | 1.28 | 1.04 | 0.76 |
| Asset Turnover | — | 0.50 | 0.48 | 0.56 | 0.58 | 0.56 | 0.53 | 0.65 | 0.72 | 0.67 | 0.67 |
| Inventory Turnover | 4.00 | 4.00 | 4.08 | 3.92 | 3.37 | 3.79 | 4.12 | 4.16 | 4.71 | 4.69 | 4.46 |
| Days Sales Outstanding | — | 55.07 | 52.02 | 47.69 | 50.79 | 47.05 | 45.50 | 43.63 | 45.88 | 46.94 | 47.12 |
IEX Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
IDEX Corporation returns 2.7% to shareholders annually — split between a 1.3% dividend yield and 1.5% buyback yield. A payout ratio of 44.0% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 2.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.3% | 1.6% | 1.3% | 1.2% | 1.0% | 0.9% | 1.0% | 1.1% | 1.3% | 1.1% | 1.5% |
| Payout Ratio | 44.0% | 44.0% | 40.7% | 32.0% | 30.2% | 35.8% | 40.2% | 34.6% | 31.0% | 33.0% | 37.9% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.8% | 3.6% | 3.2% | 3.6% | 3.4% | 2.5% | 2.5% | 3.2% | 4.2% | 3.3% | 3.9% |
| FCF Yield | 3.7% | 4.6% | 3.8% | 3.8% | 2.8% | 2.7% | 3.4% | 3.6% | 4.3% | 3.8% | 5.2% |
| Buyback Yield | 1.5% | 1.8% | 0.0% | 0.1% | 0.9% | 0.0% | 0.7% | 0.4% | 1.8% | 0.3% | 0.8% |
| Total Shareholder Yield | 2.7% | 3.4% | 1.3% | 1.3% | 1.9% | 0.9% | 1.7% | 1.5% | 3.1% | 1.4% | 2.3% |
| Shares Outstanding | — | $75M | $76M | $76M | $76M | $76M | $76M | $76M | $78M | $77M | $77M |
Peer Comparison
Compare IEX with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 IEXYou | $17B | 35.1 | 19.4 | 27.1 | 44.5% | 20.8% | 12.4% | 10.4% | 2.0 |
 ROP | $34B | 23.3 | 13.8 | 13.6 | 69.2% | 28.3% | 7.9% | 6.1% | 3.0 |
 FTV | $19B | 35.1 | 17.5 | 19.2 | 61.0% | 17.7% | 7.0% | 6.0% | 2.6 |
 PNR | $12B | 18.8 | 13.9 | 16.1 | 40.5% | 20.5% | 17.6% | 12.1% | 1.7 |
 XYL | $26B | 28.4 | 15.0 | 29.1 | 38.5% | 13.5% | 8.5% | 7.6% | 1.1 |
 FELE | $5B | 32.1 | 14.4 | 23.8 | 35.5% | 12.7% | 11.3% | 14.7% | 0.8 |
 GTLS | $10B | 630.3 | 14.4 | 49.1 | 29.2% | 15.2% | 1.3% | 7.4% | 4.0 |
 GGG | $13B | 24.7 | 16.8 | 19.8 | 52.5% | 27.3% | 19.9% | 22.6% | 0.1 |
 BFAM | $4B | 19.1 | 12.6 | 13.7 | 23.6% | 10.7% | 14.8% | 8.0% | 4.3 |
 WTS | $11B | 33.8 | 21.3 | 32.2 | 49.5% | 19.3% | 18.2% | 21.2% | 0.4 |
 LIQT | $9M | -1.0 | — | — | 7.6% | -50.3% | -63.1% | -31.0% | — |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
Full Stock Analysis
Deep dive into IEX consensus models and risk factors.
View Analysis
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Check Valuation
Historical Returns
10-year return with dividends reinvested.
Calculate
DCA Calculator
See how regular investing compounds over time.
Run Numbers
Peer Comparison
Compare growth, multiples, and margins vs sector.
Compare
IEX — Frequently Asked Questions
Quick answers to the most common questions about buying IEX stock.
What is IDEX Corporation's P/E ratio?
IDEX Corporation's current P/E ratio is 35.1x. The historical average is 26.2x. This places it at the 90th percentile of its historical range.
What is IDEX Corporation's EV/EBITDA?
IDEX Corporation's current EV/EBITDA is 19.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.4x.
What is IDEX Corporation's ROE?
IDEX Corporation's return on equity (ROE) is 12.4%. The historical average is 16.2%.
Is IEX stock overvalued?
Based on historical data, IDEX Corporation is trading at a P/E of 35.1x. This is at the 90th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is IDEX Corporation's dividend yield?
IDEX Corporation's current dividend yield is 1.26% with a payout ratio of 44.0%.
What are IDEX Corporation's profit margins?
IDEX Corporation has 44.5% gross margin and 20.8% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does IDEX Corporation have?
IDEX Corporation's Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.