IDEX Corporation (IEX)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	6,745,300	6,967,500	5,903,300	5,889,400	5,865,200	5,669,600	5,719,900	5,658,000	5,511,900	4,892,600	4,912,800	4,999,700	4,917,200	4,854,580	4,783,000	4,460,730	4,414,400	4,225,600	4,073,590	3,943,680
Operating ROA		10.13%	9.78%	11.74%	12.00%	12.53%	13.18%	13.45%	13.36%	13.63%	15.09%	14.20%	13.38%	12.95%	12.65%	12.21%	12.02%	11.80%	12.21%	12.92%	14.48%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $683,400K ÷ $6,745,300K
= 10.13%

IDEX Corporation's operating return on assets (ROA) has displayed fluctuating performance over the period analyzed. The metric ranged from a high of 15.09% on September 30, 2022, to a low of 9.78% on September 30, 2024. Generally, operating ROA has shown a downward trend towards the end of the period, suggesting potential challenges in efficiently utilizing assets to generate operating income. It is important for the company to closely monitor and address the factors affecting this ratio to ensure sustainable profitability and efficiency in asset utilization.

Peer comparison

Dec 31, 2024

Company name

Symbol

Operating ROA

IDEX Corporation

IEX

10.13%

Enovis Corp

ENOV

-15.86%

Flowserve Corporation