IDEX Corporation (IEX)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 45.10% | 45.22% | 45.18% | 45.12% |
| Operating profit margin | 22.37% | 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% | 23.21% | 23.35% | 23.49% | 23.27% |
| Pretax margin | 23.24% | 23.78% | 22.56% | 22.86% | 23.56% | 23.96% | 22.26% | 21.47% | 20.97% | 20.88% | 20.78% | 20.27% | 19.99% | 19.74% | 19.72% | 21.22% | 21.36% | 21.56% | 21.74% | 21.49% |
| Net profit margin | 18.21% | 18.74% | 17.65% | 17.91% | 18.44% | 18.66% | 17.24% | 16.65% | 16.25% | 16.20% | 16.57% | 16.12% | 16.06% | 15.94% | 15.71% | 16.91% | 17.06% | 17.05% | 17.11% | 16.92% |
Idex Corporation's profitability ratios show some variations over the past eight quarters. The gross profit margin has remained relatively stable, ranging from 44.17% to 45.22%. This indicates the company has been effectively managing its production costs and pricing strategies.
In terms of operating profit margin, there has been some fluctuation, with values ranging from 22.71% to 24.64%. This suggests that while the company is generating significant earnings from its core operations, there may be some variability in operating expenses impacting profitability.
The pretax margin has also shown variation, with values fluctuating between 21.46% and 23.95%. This ratio reflects the company's ability to control non-operating expenses and generate profits before taxes.
Idex Corporation's net profit margin has shown a similar pattern of variability, with values ranging from 16.65% to 18.74%. This ratio indicates the company's overall profitability after all expenses, including taxes, have been deducted.
Overall, Idex Corporation has maintained healthy profitability margins, with some fluctuations in operating and net profit margins. This indicates the company's ability to effectively manage its costs and generate profits, although there may be some areas that could be further optimized to enhance overall profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 12.49% | 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% | 15.18% | 15.73% | 16.14% | 16.34% |
| Return on assets (ROA) | 10.16% | 10.89% | 10.26% | 10.37% | 10.65% | 11.77% | 10.44% | 9.53% | 9.14% | 8.89% | 8.78% | 8.71% | 8.56% | 8.84% | 9.20% | 10.58% | 11.16% | 11.49% | 11.76% | 11.88% |
| Return on total capital | 16.70% | 17.76% | 16.81% | 16.88% | 17.53% | 19.47% | 17.60% | 16.01% | 15.55% | 15.29% | 14.75% | 14.58% | 14.37% | 14.75% | 15.61% | 17.58% | 18.55% | 19.39% | 19.85% | 19.97% |
| Return on equity (ROE) | 16.83% | 18.23% | 17.91% | 18.17% | 19.31% | 20.54% | 18.39% | 16.44% | 16.03% | 15.83% | 15.71% | 14.88% | 14.87% | 15.59% | 16.58% | 18.71% | 18.80% | 19.73% | 20.26% | 20.53% |
Idex Corporation's profitability ratios show a consistent performance over the quarters analyzed. The Operating return on assets (Operating ROA) ranged between 12.67% to 15.54%, indicating that the company generated between 12.67% and 15.54% of operating income for every dollar of assets employed, with a slight decrease in the most recent quarter.
The Return on assets (ROA) also remained fairly steady, ranging from 9.53% to 11.77%. This metric reflects the company's ability to generate profits from its assets, with a slight decline in the last quarter compared to the earlier quarters.
The Return on total capital fluctuated between 15.27% to 19.04%, showing the company's efficiency in generating returns from both equity and debt capital. This ratio demonstrates the overall profitability of the company's investments in assets.
The Return on equity (ROE) ranged from 16.44% to 20.54%, indicating the company's ability to generate profit from shareholders' equity. The consistent performance of ROE reflects well on the company's management of equity investments to generate earnings for shareholders.
Overall, Idex Corporation has maintained a healthy level of profitability across the quarters, with slight fluctuations in some ratios. The company's ability to generate returns from both assets and equity indicates efficient utilization of resources and a profitable business model.