IDEX Corporation (IEX)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,445,200 | 1,414,900 | 1,410,600 | 1,421,800 | 1,446,900 | 1,455,800 | 1,488,000 | 1,466,900 | 1,426,900 | 1,395,400 | 1,325,169 | 1,274,341 | 1,224,464 | 1,179,432 | 1,119,363 | 1,048,091 | 1,027,424 | 1,025,141 | 1,055,619 | 1,113,156 |
| Revenue (ttm) | US$ in thousands | 3,268,800 | 3,194,800 | 3,190,000 | 3,229,000 | 3,273,900 | 3,295,700 | 3,326,300 | 3,276,200 | 3,181,900 | 3,086,000 | 2,974,019 | 2,863,866 | 2,764,802 | 2,664,824 | 2,533,918 | 2,409,220 | 2,351,646 | 2,342,821 | 2,385,954 | 2,466,804 |
| Gross profit margin | 44.21% | 44.29% | 44.22% | 44.03% | 44.19% | 44.17% | 44.73% | 44.77% | 44.84% | 45.22% | 44.56% | 44.50% | 44.29% | 44.26% | 44.18% | 43.50% | 43.69% | 43.76% | 44.24% | 45.13% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,445,200K ÷ $3,268,800K
= 44.21%
The gross profit margin of IDEX Corporation has shown a relatively stable trend over the past few years, ranging from 43.50% to 45.22%.
The gross profit margin decreased slightly from 45.13% as of March 31, 2020, to 43.69% by the end of December 31, 2020. However, it started to recover and showed an upward trend from June 30, 2021, reaching a peak of 45.22% on September 30, 2022.
Although there were fluctuations in the gross profit margin over the following quarters, it generally remained above 44%. As of December 31, 2024, the gross profit margin stood at 44.21%.
Overall, the gross profit margin demonstrates IDEX Corporation's ability to efficiently manage its production costs and generate profits from its core business operations.
Peer comparison
Dec 31, 2024