IDEX Corporation (IEX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 505,000 | 490,400 | 580,400 | 577,700 | 596,100 | 617,500 | 587,100 | 586,700 | 586,900 | 575,700 | 512,742 | 476,737 | 449,445 | 431,713 | 419,819 | 388,488 | 377,778 | 373,560 | 374,906 | 417,251 |
| 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 |
| Net profit margin | 15.45% | 15.35% | 18.19% | 17.89% | 18.21% | 18.74% | 17.65% | 17.91% | 18.44% | 18.66% | 17.24% | 16.65% | 16.26% | 16.20% | 16.57% | 16.13% | 16.06% | 15.94% | 15.71% | 16.91% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $505,000K ÷ $3,268,800K
= 15.45%
IDEX Corporation has shown fluctuations in its net profit margin over the periods analyzed. The net profit margin represents the percentage of revenue that translates into profit after all expenses have been deducted.
The net profit margin ranged from a high of 18.74% on September 30, 2023, to a low of 15.35% on September 30, 2024. The company achieved its highest net profit margin in the third quarter of 2023 and has maintained relatively strong margins overall.
The trend in the net profit margin shows some volatility, with fluctuations in performance over the quarters. Despite these fluctuations, the company has managed to maintain profitability and generate positive returns for its shareholders.
It is essential for IDEX Corporation to monitor and manage its expenses effectively, as well as continue to drive revenue growth, in order to sustain and improve its net profit margin in the future.
Peer comparison
Dec 31, 2024