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IDEX IEX Gross margin

Gross margin at other companies

Dover logo
DoverDOV
39.5%+0.6pp
Nordson logo
NordsonNDSN
55.1%+0.3pp
Danaher logo
DanaherDHR
58.9%-0.8pp
IR
Ingersoll RandIR
43.2%-0.6pp
Fortive logo
FortiveFTV
57.3%-0.7pp
ITT logo
ITTITT
35.5%+0.5pp

Other financials

Income statement

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Revenue$886.9M+8.9%
Gross profit$398.1M+7.9%
Operating income$172.4M+21.4%
Net income$120.0M+25.7%
EPS (diluted)$1.61+27.8%

Balance sheet

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Cash & equivalents$591.8M-3.3%
Total debt$1.9B-3.4%
Total equity$4.0B+3.7%
Total assets$6.9B+1.8%

Cash flow

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Operating cash flow$103.7M-1.9%
CapEx$17.7M+23.8%
Free cash flow$86.0M-5.9%

Valuation

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Market cap$16.56B+2.9%
Enterprise value$17.86B+2.3%
P/E32.6×-1.0×
P/S4.7×-0.2×

Profitability

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Operating margin20.7%+0.6pp
Net margin14.4%-0.2pp

Returns & leverage

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Return on equity12.8%0.0pp
Debt / equity0.5×0.0×
Current ratio3.4×+0.6×

Where this comes from

Calculated from IDEX’s reported figures.

Based on trailing twelve months.

The official record: IDEX’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IDEX's gross margin?
IDEX (IEX) reported gross margin of 44.4% in Q1 2026.
How has IDEX's gross margin changed year-over-year?
IDEX's gross margin increased by 0.1% year-over-year, from 44.4% to 44.4%.
What is the long-term trend for IDEX's gross margin?
Over 4 years (2021 to 2025), IDEX's gross margin has grown at a 0.2% compound annual growth rate (CAGR), from 176.2% to 177.6%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.