IDEX (IEX) Stock Analysis

November 11, 2026

This is a peer-relative look at IDEX (IEX): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Capital Goods peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for IDEX (IEX)
Profile Item	IEX
Name	IDEX Corporation
Country/Region	United States
GICS Sector	Industrials
GICS Industry Group	Capital Goods
GICS Industry	Machinery
GICS Sub-Industry	Industrial Machinery & Supplies & Components
Market Capitalization	16.67 billion USD
Currency	USD
Exchange	NYSE
Listing Date	June 2, 1989
Security Type	Common Stock

Price Performance

Cumulative Growth

IEX

GSPC

IDEX (IEX) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for IDEX (IEX) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for IDEX (IEX) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
Total Return (1Y)	42.33%	6.84%
Total Return (3Y, Annualized)	8.92%	17.66%
Total Return (5Y, Annualized)	1.31%	9.09%

Risk Profile

Drawdown History

IEX

GSPC

IDEX (IEX) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for IDEX (IEX) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
Volatility (1Y, Annualized)	22.98%	44.38%
Beta (5Y)	0.95	1.19
Max Drawdown (5Y)	-34.60%	-49.95%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. IEX is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
Sharpe Ratio (1Y)	1.66	0.06
Sortino Ratio (1Y)	2.64	0.09

Profitability

ROE (TTM)

IDEX (IEX) posts ROE of 13.35%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

IEX

Capital Goods industry group

13.35%

Group distribution

Max: 40.55%
Q3: 19.29%
IEX: 13.35%
Median: 12.12%
Q1: 4.08%
Min: -17.12%

Largest peers

GEV: 93.04%
CAT: 56.14%
GE: 50.17%
DE: 18.24%
IEX: 13.35%
RTX: 12.85%
BA: --

Where IDEX (IEX) stands on ROE within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

IDEX (IEX) keeps 14.65% of revenue as net profit, putting net margin in the upper peer quartile. After operating costs, interest, and taxes, more of each sales dollar reaches shareholders than it does at most industry peers.

IEX

Capital Goods industry group

14.65%

Group distribution

Max: 27.47%
IEX: 14.65%
Q3: 12.10%
Median: 6.30%
Q1: 1.40%
Min: -12.89%

Largest peers

GEV: 23.54%
GE: 17.31%
CAT: 15.21%
IEX: 14.65%
DE: 10.17%
RTX: 8.75%
BA: 8.07%

Where IDEX (IEX) stands on net margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

IDEX (IEX) turns 22.33% of revenue into operating profit, putting operating margin in the upper peer quartile. Before financing and taxes enter the picture, the day-to-day business keeps more of each sales dollar than most industry peers.

IEX

Capital Goods industry group

22.33%

Group distribution

Max: 36.60%
IEX: 22.33%
Q3: 18.33%
Median: 11.12%
Q1: 5.14%
Min: -12.63%

Largest peers

IEX: 22.33%
CAT: 20.19%
GE: 18.49%
RTX: 15.54%
DE: 13.37%
GEV: 12.77%
BA: 0.30%

Where IDEX (IEX) stands on operating margin within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
ROE (TTM)	13.35%	12.12%
ROA (TTM)	7.06%	5.29%
Net Margin (TTM)	14.65%	6.30%
Operating Margin (TTM)	22.33%	11.12%
Gross Margin (TTM)	44.91%	29.63%

Growth

Revenue Growth

IDEX (IEX) grew revenue 5.77%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

IDEX (IEX): Revenue Growth across different time periods, set against Capital Goods industry-group medians.

EPS Growth

IDEX (IEX) grew earnings per share -3.46%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

IDEX (IEX): EPS Growth across different time periods, set against Capital Goods industry-group medians.

Growth Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
Revenue Growth (YoY)	5.77%	8.11%
Revenue Growth (3Y CAGR)	2.81%	6.45%
EPS Growth (YoY)	-3.46%	5.45%
EPS Growth (3Y CAGR)	-5.97%	7.15%

Financial Strength

Current Ratio (MRQ)

IDEX (IEX) has current ratio of 2.78, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

IEX

Capital Goods industry group

2.78

Group distribution

Max: 5.22
Q3: 2.95
IEX: 2.78
Median: 2.08
Q1: 1.43
Min: 0.36

Largest peers

IEX: 2.78
DE: 2.13
CAT: 1.42
BA: 1.13
RTX: 1.05
GE: 0.98
GEV: 0.83

Where IDEX (IEX) stands on current ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

IDEX (IEX) has debt-to-equity ratio of 0.44, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

IEX

Capital Goods industry group

0.44

Group distribution

Max: 2.33
Q3: 1.12
Median: 0.60
IEX: 0.44
Q1: 0.29
Min: 0.00

Largest peers

BA: 7.39
DE: 2.30
CAT: 2.10
GE: 1.16
RTX: 0.55
IEX: 0.44
GEV: 0.30

Where IDEX (IEX) stands on debt-to-equity ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
Current Ratio (MRQ)	2.78	2.08
Debt / Equity (MRQ)	0.44	0.60
Net Debt / EBITDA	1.18	1.78

Dividends

Dividend Yield (TTM)

IDEX (IEX) has dividend yield of 1.30%, in the upper peer-yield quartile while still inside the industry range. The dividend offers more cash income per dollar of share price than most peers, though payout coverage still matters.

IEX

Capital Goods industry group

1.30%

Group distribution

Max: 2.66%
IEX: 1.30%
Q3: 1.14%
Median: 0.24%
Q1: 0.00%
Min: 0.00%

Largest peers

RTX: 1.47%
IEX: 1.30%
CAT: 1.13%
DE: 0.98%
GE: 0.56%
GEV: 0.26%
BA: 0.00%

Where IDEX (IEX) stands on dividend yield within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

IDEX (IEX) has payout ratio of 50.14%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

IEX

Capital Goods industry group

50.14%

Group distribution

Max: 67.39%
IEX: 50.14%
Q3: 28.02%
Median: 6.86%
Q1: 0.00%
Min: 0.00%

Largest peers

IEX: 50.14%
RTX: 45.85%
DE: 36.02%
CAT: 24.18%
GE: 20.23%
GEV: 4.59%
BA: 0.00%

Where IDEX (IEX) stands on payout ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
Dividend Yield (TTM)	1.30%	0.24%
Dividend Payout Ratio (TTM)	50.14%	6.86%

Valuation

P/E Ratio (TTM)

IDEX (IEX) trades at P/E ratio of 31.53, near the industry’s usual earnings multiple. The stock is not showing a clear peer discount or premium on trailing earnings.

IEX

Capital Goods industry group

31.53

Group distribution

Max: 59.38
Q3: 35.92
IEX: 31.53
Median: 25.41
Q1: 19.47
Min: 3.03

Largest peers

DE: 37.33
GE: 36.94
IEX: 31.53
RTX: 30.82
CAT: 21.92
GEV: 20.32
BA: 17.89

Where IDEX (IEX) stands on P/E ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

IDEX (IEX) trades at 4.56 on P/S ratio, in the higher sales-valuation quartile. Investors are paying up for each dollar of revenue, so stronger margins, growth, or revenue quality need to carry that price.

IEX

Capital Goods industry group

4.56

Group distribution

Max: 7.54
IEX: 4.56
Q3: 3.76
Median: 2.15
Q1: 1.03
Min: 0.03

Largest peers

GE: 6.38
GEV: 4.65
IEX: 4.56
DE: 3.78
CAT: 3.29
RTX: 2.66
BA: 1.45

Where IDEX (IEX) stands on P/S ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

IDEX (IEX) trades at 4.17 on P/B ratio, roughly in line with the industry’s normal price-to-book range. Its balance sheet is not being priced at a clear discount or premium versus peers.

IEX

Capital Goods industry group

4.17

Group distribution

Max: 9.66
Q3: 5.00
IEX: 4.17
Median: 3.12
Q1: 1.81
Min: -1.08

Largest peers

BA: 20.99
GE: 19.06
GEV: 18.00
CAT: 11.90
DE: 6.47
IEX: 4.17
RTX: 3.69

Where IDEX (IEX) stands on P/B ratio within its Capital Goods peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

IDEX (IEX) metric values compared with Capital Goods industry-group medians
Metric	Current stock: IEX	Industry group median
P/E Ratio (TTM)	31.53	25.41
P/S Ratio (TTM)	4.56	2.15
P/B Ratio (MRQ)	4.17	3.12
Free Cash Flow Yield (TTM)	3.50%	3.03%