IDEX Corporation (IEX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 683,400 | 681,300 | 692,900 | 706,500 | 735,200 | 747,000 | 769,600 | 756,100 | 751,400 | 738,400 | 697,385 | 669,041 | 636,988 | 613,953 | 583,981 | 536,319 | 520,713 | 515,921 | 526,473 | 571,162 |
| 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 |
| Operating profit margin | 20.91% | 21.33% | 21.72% | 21.88% | 22.46% | 22.67% | 23.14% | 23.08% | 23.61% | 23.93% | 23.45% | 23.36% | 23.04% | 23.04% | 23.05% | 22.26% | 22.14% | 22.02% | 22.07% | 23.15% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $683,400K ÷ $3,268,800K
= 20.91%
The operating profit margin for IDEX Corporation has shown a relatively stable trend over the analyzed period, ranging from a high of 23.93% in September 2022 to a low of 20.91% in December 2024. Generally, the company has maintained a healthy operating profit margin above 20% during the period, indicating efficient management of operating expenses relative to revenue.
The operating profit margin peaked in the latter half of 2022, indicating improved efficiency in generating profits from its operations. However, there has been a moderate decline in the margin towards the end of the analyzed period, possibly suggesting increasing operating expenses relative to revenue.
Overall, the operating profit margin trend of IDEX Corporation reflects a company that has been able to consistently generate profits from its core operations, although there have been fluctuations in performance over time. Investors and stakeholders may pay attention to the factors impacting the operating profit margin to assess the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2024