Crane Company (CR) vs IDEX Corporation (IEX)

Crane Company and IDEX Corporation are both Specialty Industrial Machinery companies. IDEX Corporation is the larger, with a market value of $16.4B against $11.4B — 1.4× the size. IDEX Corporation trades at the lower P/E: 30.8× against 33.5×. Crane Company grew revenue faster over the last twelve months: 21.5% against 6.93%. IDEX Corporation has the higher net margin (14.7% vs 12.4%) and the lower return on invested capital (9.24% vs 10.6%). Both pay a dividend; IDEX Corporation yields more (1.30% vs 0.50%). Across the 23 metrics below, IDEX Corporation leads on 13 and Crane Company on 10.

Valuation

Metric CR IEX Specialty Industrial Machinery median
P/E 33.54 30.78 25.64
P/S 4.14 4.48 2.81
P/B 5.04 4.08 2.99
Price to free cash flow 30.08 24.56 23.82
EV/EBITDA 20.75 17.93 15.15
EV/Sales 4.38 4.79 2.77
Earnings yield 2.98% 3.25% 3.07%
Free cash flow yield 3.32% 4.07% 3.67%

Profitability

Metric CR IEX Specialty Industrial Machinery median
Gross margin 41.54% 44.87% 35.46%
Operating margin 17.66% 20.88% 10.04%
Net margin 12.41% 14.65% 7.24%
Free cash flow margin 13.78% 18.24% 9.04%
Return on equity 16.14% 13.35% 10.73%
Return on assets 10.45% 7.74% 4.51%
Return on invested capital 10.62% 9.24% 5.00%

Growth

Metric CR IEX Specialty Industrial Machinery median
Revenue growth (TTM) 21.54% 6.93% 6.59%
EPS growth (last fiscal year) 23.96% (3.46%) 5.97%
Revenue growth, 5-year CAGR (4.73%) 8.01% 8.53%
Net income growth, 5-year CAGR 15.16% 5.04% 6.58%

Health

Metric CR IEX Specialty Industrial Machinery median
Debt to equity 0.40 0.44 0.33
Current ratio 2.61 2.78 2.08
Net debt to EBITDA (1.23) 1.37 1.32

Dividend

Metric CR IEX Specialty Industrial Machinery median
Dividend yield 0.50% 1.30% 1.11%
Payout ratio 0.17 0.40 0.31

Size

Metric CR IEX Specialty Industrial Machinery median
Market cap 11.44b 16.35b 2.19b

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack