IEX vs LECO vs SNA Stock Comparison

Idex, Lincoln Electric Holdings and Snap-on Prices as of Oct 29, 2026 Peers: Industry group
IEX Idex Corp /De/
$239.46 +3.9% 1M +38.1% 1Y
Market cap
$17.36B
P/E
32.4x
Revenue (TTM)
$3.66B
Div. yield
0.01%
Pumps and Valves Industrials
3 wins
SNA Snap-on Inc
$358.26 -2.4% 1M +6.3% 1Y
Market cap
$18.53B
P/E
18.3x
Revenue (TTM)
—
Div. yield
–
Power Tools Industrials
5 wins

Head to Head

12 decided of 12

Snap-on leads on 5 of the 12 questions below (Snap-on 5, Lincoln Electric Holdings 4, Idex 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIEXLECOSNALeader
Larger companyMarket capitalisation $17.36B $15.21B $18.53B SNA
Cheaper on earningsLower P/E, profitable companies only 32.4x 26.4x 18.3x SNA
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.2x 24.5x 19.5x SNA
Faster revenue growthRevenue growth, trailing twelve months +6.9% +11.1% — LECO
More profitableNet margin, trailing twelve months 14.6% 12.4% — IEX
Better return on capitalReturn on invested capital 10.0% 22.6% — LECO
Less leveragedLower net debt / EBITDA 1.2x 1.0x — LECO
Higher dividend yieldTrailing dividend yield 0.01% 0.01% 0.00% IEX
Better 1-year returnPrice return, last 12 months +38.1% +21.3% +6.3% IEX
Better 5-year returnAnnualised price return, 5 years +1.5%/yr +14.8%/yr +12.0%/yr LECO
Less volatileAnnualised volatility, 1 year 22.0% 30.8% 19.0% SNA
Higher overall scoreMean of the five percentile scores vs peers 58/100 56/100 66/100 SNA

Percentile Scorecard

IEXLECOSNA

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisIEXLECOSNA
Valuation 37 #128 of 203 36 #131 of 203 55 #93 of 203
Growth 43 #107 of 188 46 #103 of 188 36 #120 of 188
Profitability 90 #19 of 183 95 #11 of 183 67 #62 of 183
Financial Health 72 #62 of 216 45 #120 of 216 86 #31 of 216
Shareholder Returns 47 #81 of 152 59 #63 of 152 89 #18 of 152
Overall 58 56 66
  • IEX ranked among 222 companies in Machinery
  • LECO ranked among 222 companies in Machinery
  • SNA ranked among 222 companies in Machinery

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodIEXLECOSNASPY
1 month +3.9%+5.0%-2.4% +0.7%
3 months +2.4%+13.6%-12.4% +3.7%
6 months +9.9%+7.3%-6.6% +7.1%
Year to date +34.6%+18.7%+4.0% +12.8%
1 year +38.1%+21.3%+6.3% +11.9%
3 years +25.7%+62.9%+40.8% +85.2%
3 years, per year +7.9%+17.7%+12.1% +22.8%
5 years +7.6%+99.7%+76.3% +67.6%
5 years, per year +1.5%+14.8%+12.0% +10.9%
10 years +177.8%+334.1%+133.8% +262.0%
10 years, per year +10.8%+15.8%+8.9% +13.7%

Risk

MeasureIEXLECOSNASPY
Volatility, 1Y 22.0%30.8%19.0% 12.7%
Downside volatility, 1Y 19.9%31.1%19.3% 12.6%
Beta vs S&P 500, 1Y 0.691.180.57 1.00
Return / volatility, 1Y 1.730.690.33 0.94
Max drawdown, 5Y -35.9%-35.3%-21.3% -25.4%
From 52-week high -0.4%-4.9%-14.5% -1.2%
52-week high $240.52$298.88$419.26 $779.14
52-week low $161.68$220.64$328.69 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleIEXLECOSNA
P/E now vs peer median 32.9xmedian 25.8x 26.9xmedian 25.8x 18.3xmedian 25.8x
P/S now vs peer median 4.8xmedian 1.9x 3.3xmedian 1.9x 3.6xmedian 1.9x
EV/EBITDA now vs peer median 19.2xmedian 14.6x 17.9xmedian 14.6x —median 14.6x
P/FCF now vs peer median 26.4xmedian 22.2x 30.1xmedian 22.2x 17.2xmedian 22.2x
P/B now vs peer median 4.4xmedian 2.2x 9.9xmedian 2.2x 3.0xmedian 2.2x
PEG now vs peer median -8.64median 1.45 3.85median 1.45 12.85median 1.45

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsIEXLECOSNA
Revenue $3.66B $4.64B –
Gross profit $1.64B $1.65B –
Operating income $763.90M $802.52M $1.31B
Net income $535.80M $575.27M $1.04B
Free cash flow $667.10M $511.89M –
EPS (diluted) $7.24 $10.48 $19.25
Cash & equivalents $602.10M $283.24M $1.67B
Total debt $1.75B $1.15B –
Shares (diluted) 74.00M 54.87M 52.52M
Enterprise value $14.97B $14.08B $18.53B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricIEXLECOSNA
P/E 32.9x 26.9x 18.3x
P/FCF 26.4x 30.1x 17.2x
P/Operating cash flow 23.4x 23.1x 16.0x
P/S 4.8x 3.3x 3.6x
P/B 4.4x 9.9x 3.0x
P/Tangible book 6.1x 9.9x 3.2x
EV/EBITDA 19.2x 17.9x –
EV/EBIT 24.5x 20.3x –
EV/Revenue 5.1x 3.5x –
EV/FCF 28.1x 31.8x –
EV/Operating cash flow 24.9x 24.4x 16.0x
PEG (3Y EPS CAGR) -8.64 3.85 12.85

Growth

14 metrics
MetricIEXLECOSNA
Revenue growth (1Y) 6.9% 11.1% –
Revenue CAGR (3Y) 3.5% 4.5% –
Gross profit growth (1Y) 8.1% 7.7% –
Gross profit CAGR (3Y) 4.1% 5.5% –
Operating income growth (1Y) 12.2% 12.9% -0.7%
Operating income CAGR (3Y) 0.7% 7.0% 0.4%
Net income growth (1Y) 12.1% 9.6% -0.3%
Net income CAGR (3Y) -4.6% 4.9% 0.6%
EPS growth (1Y) 13.9% 11.0% 0.4%
EPS CAGR (3Y) -3.8% 7.0% 1.4%
Operating cash flow growth (1Y) 17.0% 0.7% 4.4%
Operating cash flow CAGR (3Y) 3.3% 0.5% 2.7%
Free cash flow growth (1Y) 14.2% -6.3% –
Free cash flow CAGR (3Y) 3.9% -3.6% –

Profitability

14 metrics
MetricIEXLECOSNA
Gross margin 44.9% 35.5% –
EBITDA margin 26.7% 19.5% –
Operating margin 20.9% 17.3% –
Pretax margin 19.2% 16.2% –
Net margin 14.6% 12.4% –
FCF margin 18.2% 11.0% –
Operating cash flow margin 20.6% 14.4% –
Return on equity 13.4% 37.0% 17.0%
Return on assets 7.8% 14.9% 12.0%
Return on invested capital 10.0% 22.6% –
Return on capital employed 12.2% 27.7% –
Asset turnover 0.5x 1.2x –
Cash conversion (OCF / net income) 1.4x 1.2x 1.1x
Stock comp / revenue 0.9% 0.5% –

Financial Health

11 metrics
MetricIEXLECOSNA
Debt / assets 25.5% 29.5% –
Debt / equity 0.4x 0.7x –
Net debt / EBITDA 1.2x 1.0x –
Debt / FCF 2.6x 2.2x –
Liabilities / assets 41.6% 60.1% 29.3%
Equity / assets 58.4% 39.9% 70.7%
Interest coverage – – –
Current ratio 2.8x 1.9x 3.5x
Quick ratio 1.8x 1.0x –
Cash ratio 0.9x 0.3x –
Altman Z-score 5.75 7.76 –

Shareholder Returns

7 metrics
MetricIEXLECOSNA
Dividend yield 1.2% 1.1% 2.7%
Net buyback yield 1.7% 1.8% –
Shareholder yield 2.9% 2.9% 2.7%
Payout ratio (earnings) 39.9% 30.0% –
Payout ratio (FCF) 32.1% 33.7% –
Dividend growth (1Y) 1.0% 3.5% –
Dividend CAGR (3Y) 4.5% 6.3% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusIEXLECOSNA
Forward P/E 26.2xFY2026 24.5xFY2026 19.5xFY2026
EPS, next fiscal year $9.14FY2026 $11.62FY2026 $18.35FY2026
EPS growth, next FY +15.0%FY2026 +17.7%FY2026 -4.4%FY2026
EPS growth, the year after +12.0% +0.4% +17.5%
Revenue, next fiscal year $3.93BFY2026 $4.84BFY2026 $4.58BFY2026
Revenue growth, next FY +13.7%FY2026 +14.5%FY2026 -3.4%FY2026
Revenue growth, the year after +3.0% +5.5% +14.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIEXLECOSNA
Held by institutions 100.0% 81.3% 96.3%
Institutions holding 687 702 1,070
Change in shares held, QoQ +0.1% +5.5% +2.8%
Institutions buying 351 298 498
Institutions selling 202 266 370
Buyers to sellers 1.74 1.12 1.35

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

IEXLECOSNA
IEX 1.00 0.58 0.60
LECO 0.58 1.00 0.54
SNA 0.60 0.54 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IEX, LECO and SNA?

Snap-on (SNA) is the largest by market capitalisation: Idex (IEX) $17.36B, Lincoln Electric Holdings (LECO) $15.21B, Snap-on (SNA) $18.53B.

Which stock is cheaper, IEX, LECO and SNA?

Snap-on (SNA) trades on the lowest price-to-earnings ratio (Idex (IEX) 32.4x, Lincoln Electric Holdings (LECO) 26.4x, Snap-on (SNA) 18.3x). On next year's consensus earnings, Snap-on (SNA) is cheapest (Idex (IEX) 26.2x, Lincoln Electric Holdings (LECO) 24.5x, Snap-on (SNA) 19.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Lincoln Electric Holdings (LECO) grew revenue fastest over the trailing twelve months: Idex (IEX) +6.9%, Lincoln Electric Holdings (LECO) +11.1%.

Which company is more profitable?

Idex (IEX) has the highest net margin (Idex (IEX) 14.6%, Lincoln Electric Holdings (LECO) 12.4%). On return on invested capital, Lincoln Electric Holdings (LECO) leads (Idex (IEX) 10.0%, Lincoln Electric Holdings (LECO) 22.6%).

Which stock has performed better?

Over the past year Idex (IEX) returned the most: Idex (IEX) +38.1%, Lincoln Electric Holdings (LECO) +21.3%, Snap-on (SNA) +6.3%. Over five years, Lincoln Electric Holdings (LECO) compounded fastest (Idex (IEX) +1.5%/yr, Lincoln Electric Holdings (LECO) +14.8%/yr, Snap-on (SNA) +12.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Idex (IEX) has the highest dividend yield: Idex (IEX) 0.01%, Lincoln Electric Holdings (LECO) 0.01%, Snap-on (SNA) 0.00%. Snap-on (SNA) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Snap-on (SNA) has been the steadiest (Idex (IEX) 22.0%, Lincoln Electric Holdings (LECO) 30.8%, Snap-on (SNA) 19.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IEX, LECO and SNA?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Snap-on (SNA) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.