IEX vs MSA vs GGG Stock Comparison

Idex, MSA Safety and Graco Prices as of Oct 28, 2026 Peers: Industry group
IEX Idex Corp /De/
$239.06 +3.4% 1M +43.2% 1Y
Market cap
$17.47B
P/E
32.6x
Revenue (TTM)
$3.66B
Div. yield
0.01%
Pumps and Valves Industrials
4 wins
MSA MSA Safety Inc
$177.34 -2.8% 1M +9.0% 1Y
Market cap
$6.91B
P/E
22.0x
Revenue (TTM)
$1.95B
Div. yield
–
Power Tools Industrials
3 wins
GGG Graco Inc
$67.19 -14.1% 1M -17.4% 1Y
Market cap
$11.01B
P/E
21.3x
Revenue (TTM)
$2.31B
Div. yield
–
Pumps and Valves Industrials
4 wins

Head to Head

11 decided of 12

Idex leads on 4 of the 12 questions below (Idex 4, Graco 4, MSA Safety 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIEXMSAGGGLeader
Larger companyMarket capitalisation $17.47B $6.91B $11.01B IEX
Cheaper on earningsLower P/E, profitable companies only 32.6x 22.0x 21.3x GGG
Cheaper on forward earningsLower price / next fiscal year consensus EPS 26.2x 19.0x 20.0x MSA
Faster revenue growthRevenue growth, trailing twelve months +6.9% +6.5% +5.4% IEX
More profitableNet margin, trailing twelve months 14.6% 16.1% 22.4% GGG
Better return on capitalReturn on invested capital 10.0% 15.9% 19.5% GGG
Less leveragedLower net debt / EBITDA 1.2x 0.8x 0.0x GGG
Higher dividend yieldTrailing dividend yield 0.01% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +43.2% +9.0% -17.4% IEX
Better 5-year returnAnnualised price return, 5 years +1.4%/yr +3.0%/yr -2.2%/yr MSA
Less volatileAnnualised volatility, 1 year 22.3% 25.4% 26.3% IEX
Higher overall scoreMean of the five percentile scores vs peers 58/100 79/100 72/100 MSA

Percentile Scorecard

IEXMSAGGG

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

AxisIEXMSAGGG
Valuation 37 #128 of 203 60 #81 of 203 50 #102 of 203
Growth 42 #110 of 188 86 #27 of 188 35 #123 of 188
Profitability 90 #19 of 184 97 #7 of 184 98 #4 of 184
Financial Health 74 #58 of 217 77 #50 of 217 86 #32 of 217
Shareholder Returns 45 #84 of 153 76 #38 of 153 93 #12 of 153
Overall 58 79 72
  • IEX ranked among 222 companies in Machinery
  • MSA ranked among 222 companies in Machinery
  • GGG ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodIEXMSAGGGSPY
1 month +3.4%-2.8%-14.1% +0.9%
3 months +4.1%+0.7%-17.3% +5.9%
6 months +10.0%+8.0%-15.6% +8.5%
Year to date +34.3%+10.7%-18.0% +13.3%
1 year +43.2%+9.0%-17.4% +12.4%
3 years +25.2%+12.5%-8.6% +88.1%
3 years, per year +7.8%+4.0%-3.0% +23.5%
5 years +7.4%+15.9%-10.6% +68.2%
5 years, per year +1.4%+3.0%-2.2% +11.0%
10 years +177.3%+221.0%+170.2% +263.4%
10 years, per year +10.7%+12.4%+10.5% +13.8%

Risk

MeasureIEXMSAGGGSPY
Volatility, 1Y 22.3%25.4%26.3% 12.7%
Downside volatility, 1Y 19.9%23.9%31.5% 12.7%
Beta vs S&P 500, 1Y 0.690.820.64 1.00
Return / volatility, 1Y 1.940.35-0.66 0.98
Max drawdown, 5Y -35.9%-34.9%-30.3% -25.4%
From 52-week high -0.6%-12.7%-29.1% -0.9%
52-week high $240.52$203.08$94.82 $779.14
52-week low $161.68$152.94$66.08 $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.

MultipleIEXMSAGGG
P/E now vs peer median 32.9xmedian 25.4x 21.8xmedian 25.4x 20.9xmedian 25.4x
P/S now vs peer median 4.8xmedian 1.9x 3.5xmedian 1.9x 4.7xmedian 1.9x
EV/EBITDA now vs peer median 19.1xmedian 14.3x 14.8xmedian 14.3x 14.8xmedian 14.3x
P/FCF now vs peer median 26.3xmedian 21.8x 19.3xmedian 21.8x 18.0xmedian 21.8x
P/B now vs peer median 4.4xmedian 2.2x 4.9xmedian 2.2x 4.4xmedian 2.2x
PEG now vs peer median -8.63median 1.41 0.12median 1.41 12.96median 1.41

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 monthsIEXMSAGGG
Revenue $3.66B $1.95B $2.31B
Gross profit $1.64B $925.88M $1.20B
Operating income $763.90M $413.17M $619.56M
Net income $535.80M $314.01M $517.48M
Free cash flow $667.10M $354.30M $600.10M
R&D – $68.19M $82.33M
EPS (diluted) $7.24 $8.11 $3.17
Cash & equivalents $602.10M $200.06M $139.82M
Total debt $1.75B $599.74M $215.70M
Shares (diluted) 74.00M 38.70M 163.02M
Enterprise value $15.08B $6.19B $9.02B

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
MetricIEXMSAGGG
P/E 32.9x 21.8x 20.9x
P/FCF 26.3x 19.3x 18.0x
P/Operating cash flow 23.3x 16.9x 16.3x
P/S 4.8x 3.5x 4.7x
P/B 4.4x 4.9x 4.4x
P/Tangible book 6.1x 6.1x 5.3x
EV/EBITDA 19.1x 14.8x 14.8x
EV/EBIT 24.5x 17.5x 17.4x
EV/Revenue 5.1x 3.7x 4.7x
EV/FCF 28.0x 20.5x 17.9x
EV/Operating cash flow 24.9x 17.9x 16.3x
PEG (3Y EPS CAGR) -8.63 0.12 12.96

Growth

14 metrics
MetricIEXMSAGGG
Revenue growth (1Y) 6.9% 6.5% 5.4%
Revenue CAGR (3Y) 3.5% 5.2% 1.9%
Gross profit growth (1Y) 8.1% 8.2% 4.8%
Gross profit CAGR (3Y) 4.1% 6.7% 1.9%
Operating income growth (1Y) 12.2% 10.8% 3.9%
Operating income CAGR (3Y) 0.7% 34.5% -0.5%
Net income growth (1Y) 12.1% 13.4% 3.9%
Net income CAGR (3Y) -4.6% 186.8% -0.3%
EPS growth (1Y) 13.9% 15.3% 7.5%
EPS CAGR (3Y) -3.8% 188.5% 1.6%
Operating cash flow growth (1Y) 17.0% 26.3% -1.9%
Operating cash flow CAGR (3Y) 3.3% 96.0% 3.4%
Free cash flow growth (1Y) 14.2% 40.3% -4.0%
Free cash flow CAGR (3Y) 3.9% 72.1% 14.7%

Profitability

14 metrics
MetricIEXMSAGGG
Gross margin 44.9% 47.6% 52.0%
EBITDA margin 26.7% 25.1% 31.6%
Operating margin 20.9% 21.2% 26.8%
Pretax margin 19.2% 21.1% 27.6%
Net margin 14.6% 16.1% 22.4%
FCF margin 18.2% 18.2% 26.0%
Operating cash flow margin 20.6% 20.9% 28.6%
Return on equity 13.4% 22.8% 20.7%
Return on assets 7.8% 12.2% 16.2%
Return on invested capital 10.0% 15.9% 19.5%
Return on capital employed 12.2% 18.0% 23.2%
Asset turnover 0.5x 0.8x 0.7x
Cash conversion (OCF / net income) 1.4x 1.3x 1.3x
Stock comp / revenue 0.9% 1.0% 1.4%

Financial Health

11 metrics
MetricIEXMSAGGG
Debt / assets 25.5% 23.1% 4.1%
Debt / equity 0.4x 0.4x 0.1x
Net debt / EBITDA 1.2x 0.8x 0.0x
Debt / FCF 2.6x 1.7x 0.2x
Liabilities / assets 41.6% 46.1% 24.3%
Equity / assets 58.4% 53.9% 75.7%
Interest coverage – 12.7x 189.0x
Current ratio 2.8x 3.2x 2.1x
Quick ratio 1.8x 1.9x 1.2x
Cash ratio 0.9x 0.7x 0.3x
Altman Z-score 5.74 5.89 10.25

Shareholder Returns

7 metrics
MetricIEXMSAGGG
Dividend yield 1.2% 1.2% 1.7%
Net buyback yield 1.7% 1.8% 4.3%
Shareholder yield 2.9% 3.0% 6.0%
Payout ratio (earnings) 39.9% – –
Payout ratio (FCF) 32.1% – –
Dividend growth (1Y) 1.0% – –
Dividend CAGR (3Y) 4.5% – –

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.

ConsensusIEXMSAGGG
Forward P/E 26.2xFY2026 19.0xFY2026 20.0xFY2026
EPS, next fiscal year $9.14FY2026 $9.33FY2026 $3.36FY2026
EPS growth, next FY +15.0%FY2026 +17.7%FY2026 +13.9%FY2026
EPS growth, the year after +12.0% +3.4% +7.4%
Revenue, next fiscal year $3.93BFY2026 $1.98BFY2026 $2.20BFY2026
Revenue growth, next FY +13.7%FY2026 +5.2%FY2026 -1.9%FY2026
Revenue growth, the year after +3.0% +19.6% +12.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIEXMSAGGG
Held by institutions 100.0% 91.0% 91.0%
Institutions holding 686 457 730
Change in shares held, QoQ +0.1% +3.0% +0.8%
Institutions buying 351 236 337
Institutions selling 201 147 280
Buyers to sellers 1.75 1.61 1.20

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.

IEXMSAGGG
IEX 1.00 0.44 0.55
MSA 0.44 1.00 0.41
GGG 0.55 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IEX, MSA and GGG?

Idex (IEX) is the largest by market capitalisation: Idex (IEX) $17.47B, MSA Safety (MSA) $6.91B, Graco (GGG) $11.01B.

Which stock is cheaper, IEX, MSA and GGG?

Graco (GGG) trades on the lowest price-to-earnings ratio (Idex (IEX) 32.6x, MSA Safety (MSA) 22.0x, Graco (GGG) 21.3x). On next year's consensus earnings, MSA Safety (MSA) is cheapest (Idex (IEX) 26.2x, MSA Safety (MSA) 19.0x, Graco (GGG) 20.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Idex (IEX) grew revenue fastest over the trailing twelve months: Idex (IEX) +6.9%, MSA Safety (MSA) +6.5%, Graco (GGG) +5.4%.

Which company is more profitable?

Graco (GGG) has the highest net margin (Idex (IEX) 14.6%, MSA Safety (MSA) 16.1%, Graco (GGG) 22.4%). On return on invested capital, Graco (GGG) leads (Idex (IEX) 10.0%, MSA Safety (MSA) 15.9%, Graco (GGG) 19.5%).

Which stock has performed better?

Over the past year Idex (IEX) returned the most: Idex (IEX) +43.2%, MSA Safety (MSA) +9.0%, Graco (GGG) -17.4%. Over five years, MSA Safety (MSA) compounded fastest (Idex (IEX) +1.4%/yr, MSA Safety (MSA) +3.0%/yr, Graco (GGG) -2.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Idex (IEX) 0.01%, MSA Safety (MSA) 0.00%, Graco (GGG) 0.00%. MSA Safety (MSA) and Graco (GGG) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Idex (IEX) has been the steadiest (Idex (IEX) 22.3%, MSA Safety (MSA) 25.4%, Graco (GGG) 26.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IEX, MSA and GGG?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Idex (IEX) leads on 4. 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.