IEX vs. MLI: IDEX vs. Mueller Industries Stock Comparison
How do IDEX (IEX) and Mueller Industries (MLI) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
IDEX (IEX) and Mueller Industries (MLI) are both classified in the Industrial Machinery & Supplies & Components sub-industry within the broader Machinery industry, placing them in the closest GICS peer bucket.
| Profile Item | IEX | MLI |
|---|---|---|
| Name | IDEX Corporation | Mueller Industries, Inc. |
| Country/Region | United States | United States |
| GICS Sector | Industrials | Industrials |
| GICS Industry Group | Capital Goods | Capital Goods |
| GICS Industry | Machinery | Machinery |
| GICS Sub-Industry | Industrial Machinery & Supplies & Components | Industrial Machinery & Supplies & Components |
| Market Capitalization | 16.67 billion USD | 11.54 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 2, 1989 | February 25, 1991 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | IEX | MLI |
|---|---|---|
| Total Return (1Y) | 42.33% | 3.68% |
| Total Return (3Y, Annualized) | 8.92% | 44.56% |
| Total Return (5Y, Annualized) | 1.31% | 32.39% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | IEX | MLI |
|---|---|---|
| Volatility (1Y, Annualized) | 22.98% | 34.44% |
| Beta (5Y) | 0.95 | 1.01 |
| Max Drawdown (5Y) | -34.60% | -27.79% |
| Avg. Volume (3M) | 666.74K | 1.61M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | IEX | MLI |
|---|---|---|
| Sharpe Ratio (1Y) | 1.66 | -0.02 |
| Sortino Ratio (1Y) | 2.64 | -0.02 |
Profitability
ROE (TTM)
Mueller Industries (MLI) at 26.26% sits in the top ROE quartile, while IDEX (IEX) at 13.35% is closer to the peer norm — stronger capital efficiency for MLI.
IEX
Capital Goods industry group
13.35%
- Max
- 40.55%
- Q3
- 19.29%
- IEX
- 13.35%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
MLI
Capital Goods industry group
26.26%
- Max
- 40.55%
- MLI
- 26.26%
- Q3
- 19.29%
- Median
- 12.12%
- Q1
- 4.08%
- Min
- -17.12%
Net Margin (TTM)
For every dollar of sales, both IDEX (IEX) at 14.65% and Mueller Industries (MLI) at 17.27% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
IEX
Capital Goods industry group
14.65%
- Max
- 27.47%
- IEX
- 14.65%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
MLI
Capital Goods industry group
17.27%
- Max
- 27.47%
- MLI
- 17.27%
- Q3
- 12.10%
- Median
- 6.30%
- Q1
- 1.40%
- Min
- -12.89%
Operating Margin (TTM)
Both IDEX (IEX) at 22.33% and Mueller Industries (MLI) at 19.53% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
IEX
Capital Goods industry group
22.33%
- Max
- 36.60%
- IEX
- 22.33%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
MLI
Capital Goods industry group
19.53%
- Max
- 36.60%
- MLI
- 19.53%
- Q3
- 18.33%
- Median
- 11.12%
- Q1
- 5.14%
- Min
- -12.63%
Profitability Metrics
| Metric | IEX | MLI |
|---|---|---|
| ROE (TTM) | 13.35% | 26.26% |
| ROA (TTM) | 7.06% | 16.23% |
| Net Margin (TTM) | 14.65% | 17.27% |
| Operating Margin (TTM) | 22.33% | 19.53% |
| Gross Margin (TTM) | 44.91% | 27.25% |
Growth
Revenue Growth
Both IDEX (IEX) at 5.77% and Mueller Industries (MLI) at 10.87% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both IDEX (IEX) at -3.46% and Mueller Industries (MLI) at 29.19% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | IEX | MLI |
|---|---|---|
| Revenue Growth (YoY) | 5.77% | 10.87% |
| Revenue Growth (3Y CAGR) | 2.81% | 1.62% |
| EPS Growth (YoY) | -3.46% | 29.19% |
| EPS Growth (3Y CAGR) | -5.97% | 5.63% |
Financial Strength
Current Ratio (MRQ)
IDEX (IEX) at 2.78 keeps current ratio within its industry’s typical mid-range, while Mueller Industries (MLI) at 4.39 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
IEX
Capital Goods industry group
2.78
- Max
- 5.22
- Q3
- 2.95
- IEX
- 2.78
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
MLI
Capital Goods industry group
4.39
- Max
- 5.22
- MLI
- 4.39
- Q3
- 2.95
- Median
- 2.08
- Q1
- 1.43
- Min
- 0.36
Debt / Equity (MRQ)
Mueller Industries (MLI) at 0.01 keeps leverage in the lower industry quartile, while IDEX (IEX) at 0.44 runs a more typical debt-to-equity mix.
IEX
Capital Goods industry group
0.44
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- IEX
- 0.44
- Q1
- 0.29
- Min
- 0.00
MLI
Capital Goods industry group
0.01
- Max
- 2.33
- Q3
- 1.12
- Median
- 0.60
- Q1
- 0.29
- MLI
- 0.01
- Min
- 0.00
Financial Strength Metrics
| Metric | IEX | MLI |
|---|---|---|
| Current Ratio (MRQ) | 2.78 | 4.39 |
| Debt / Equity (MRQ) | 0.44 | 0.01 |
| Net Debt / EBITDA | 1.18 | -1.31 |
Dividends
Dividend Yield (TTM)
Both IDEX (IEX) at 1.30% and Mueller Industries (MLI) at 1.24% offer top-quartile dividend income relative to share price within their industries.
IEX
Capital Goods industry group
1.30%
- Max
- 2.66%
- IEX
- 1.30%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
MLI
Capital Goods industry group
1.24%
- Max
- 2.66%
- MLI
- 1.24%
- Q3
- 1.14%
- Median
- 0.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Mueller Industries (MLI) at 16.67% pays out a band-typical share of earnings, while IDEX (IEX) at 50.14% distributes more than its industry norm — less retained, thinner cover.
IEX
Capital Goods industry group
50.14%
- Max
- 67.39%
- IEX
- 50.14%
- Q3
- 28.02%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
MLI
Capital Goods industry group
16.67%
- Max
- 67.39%
- Q3
- 28.02%
- MLI
- 16.67%
- Median
- 6.86%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | IEX | MLI |
|---|---|---|
| Dividend Yield (TTM) | 1.30% | 1.24% |
| Dividend Payout Ratio (TTM) | 50.14% | 16.67% |
Valuation
P/E Ratio (TTM)
Mueller Industries (MLI) at 13.58 sits in the cheaper P/E ratio quartile, while IDEX (IEX) at 31.53 is closer to its industry’s usual earnings multiple — a discount for MLI, though growth and earnings durability still matter.
IEX
Capital Goods industry group
31.53
- Max
- 59.38
- Q3
- 35.92
- IEX
- 31.53
- Median
- 25.41
- Q1
- 19.47
- Min
- 3.03
MLI
Capital Goods industry group
13.58
- Max
- 59.38
- Q3
- 35.92
- Median
- 25.41
- Q1
- 19.47
- MLI
- 13.58
- Min
- 3.03
P/S Ratio (TTM)
Mueller Industries (MLI) at 2.31 is priced about in line with its industry on P/S ratio, while IDEX (IEX) at 4.56 sits in the pricier quartile — IEX costs more per dollar of sales.
IEX
Capital Goods industry group
4.56
- Max
- 7.54
- IEX
- 4.56
- Q3
- 3.76
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
MLI
Capital Goods industry group
2.31
- Max
- 7.54
- Q3
- 3.76
- MLI
- 2.31
- Median
- 2.15
- Q1
- 1.03
- Min
- 0.03
P/B Ratio (MRQ)
Mueller Industries (MLI) at 0.33 sits in the lower P/B ratio quartile against book while IDEX (IEX) at 4.17 is valued near its industry’s middle — MLI is cheaper on assets, though weigh it against ROE and asset quality.
IEX
Capital Goods industry group
4.17
- Max
- 9.66
- Q3
- 5.00
- IEX
- 4.17
- Median
- 3.12
- Q1
- 1.81
- Min
- -1.08
MLI
Capital Goods industry group
0.33
- Max
- 9.66
- Q3
- 5.00
- Median
- 3.12
- Q1
- 1.81
- MLI
- 0.33
- Min
- -1.08
Valuation Metrics
| Metric | IEX | MLI |
|---|---|---|
| P/E Ratio (TTM) | 31.53 | 13.58 |
| P/S Ratio (TTM) | 4.56 | 2.31 |
| P/B Ratio (MRQ) | 4.17 | 0.33 |
| Free Cash Flow Yield (TTM) | 3.50% | 4.65% |