IDEX Corporation IEX

230.08 1.58 0.69% as of 25 Sep
Market cap
$16.8B
P/E
33.0×
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IDEX Corporation (IEX) Gross margin

IDEX Corporation's gross margin over the twelve months to 30 June 2026 was 44.7%, up 0.2 percentage points from fiscal 2025 (44.5%). Over the past ten years it has ranged from 43.7% (fiscal 2020) to 45.1% (fiscal 2019); the current reading is higher than 55% of that period. That is above the Specialty Industrial Machinery industry median of 35.9% and above the Industrials sector median of 30.5%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2025 44.5% 0.30
FY2024 44.2% 0.02
FY2023 44.2% (0.65)
FY2022 44.8% 0.55
FY2021 44.3% 0.60
FY2020 43.7% (1.41)
FY2019 45.1% 0.09
FY2018 45.0% 0.12
FY2017 44.9% 0.84
FY2016 44.1% (0.70)

Quarterly

Period Gross margin Change (points)
Jun 2026 46.4% 1.47
Mar 2026 44.9% 1.84
Dec 2025 43.1% (1.40)
Sep 2025 44.5% (0.87)
42 more quarters

Against its own ten years

Low 43.7% High 45.1%
Ten-year median 44.5%
Current reading's percentile 55

Gross margin against peers

Company Gross margin
NDSN Nordson Corporation compare 55.3%
GGG Graco Inc. compare 52.6%
WTS Watts Water Technologies, Inc. compare 48.9%
IEX IDEX Corporation 44.7%
DOV Dover Corporation compare 39.6%
GNRC Generac Holdings Inc. compare 39.5%
XYL Xylem Inc. compare 39.2%
ITT ITT Inc. compare 35.0%
OTIS Otis Worldwide Corporation compare 30.2%
Specialty Industrial Machinery industry median 35.9%
Industrials sector median 30.5%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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