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IDEX IEX Quick ratio

Quick ratio at other companies

Dover logo
DoverDOV
1.3×-0.2×
Nordson logo
NordsonNDSN
1.6×0.0×
Danaher logo
DanaherDHR
1.5×+0.5×
IR
Ingersoll RandIR
1.5×-0.2×
Fortive logo
FortiveFTV
0.6×-0.2×
ITT logo
ITTITT
+0.2×

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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Gross margin44.4%0.0pp
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 the most recent quarter.

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 quick ratio?
IDEX (IEX) reported quick ratio of 2.4× in Q1 2026.
How has IDEX's quick ratio changed year-over-year?
IDEX's quick ratio increased by 20.8% year-over-year, from 2× to 2.4×.
What is the long-term trend for IDEX's quick ratio?
Over 4 years (2021 to 2025), IDEX's quick ratio has grown at a -8.0% compound annual growth rate (CAGR), from 11.4× to 8.2×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.