Idex IEX
NYSE IEX
$221.58 -3.52 (-1.56%)
As of: Sep 10, 2026 · 3:59 PM EDT

Idex (IEX) Interest Coverage Ratio (2009 - 2024)

Idex's (IEX) quarterly Interest Coverage Ratio came in at 16.31 in Q3 2024, up 24.42% year-over-year from 13.11 in Q4 2023, and down 27.69% quarter-over-quarter from 22.56 in Q2 2024.

Analysis

Idex (IEX) Interest Coverage Ratio (2009 - 2024) Analysis & Trends

Idex (IEX) has reported Interest Coverage Ratio for 16 consecutive years, with 16.31 the latest figure, recorded in Q3 2024.

  • On a quarterly basis, Interest Coverage Ratio rose 24.42% year-over-year to 16.31 in Q3 2024; TTM through Sep 2024 was 17.07, a 19.26% increase from a year earlier, with the FY2023 full-year figure at 14.17, down 23.26% from the prior year.
  • Interest Coverage Ratio was 16.31 for Q3 2024 at Idex, down from 22.56 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 22.56 in Q2 2024 and troughed at 8.89 in Q2 2020.
  • A 5-year average of 15.63 and a median of 14.68 in 2023 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio soared 58.97% in 2021 and plunged 37.76% in 2023, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 12.82 in 2020, then soared by 31.66% to 16.88 in 2021, then slipped by 14.29% to 14.46 in 2022, then retreated by 4.33% to 13.84 in 2023, then rose by 17.88% to 16.31 in 2024.
  • The last three Interest Coverage Ratio figures came in at 16.31 (Q3 2024), 22.56 (Q2 2024), and 17.15 (Q1 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Parker-Hannifin 117.96 Bn 117.45 Bn 2.25 Bn 14.45
2 Emerson Electric 82.85 Bn 80.67 Bn 2.66 Bn -
3 Ingersoll Rand 28.47 Bn 27.30 Bn 862.60 Mn 6.01
4 Itt 17.56 Bn 16.97 Bn 510.10 Mn 3.63
5 Idex 16.38 Bn 15.76 Bn 426.80 Mn -
6 Graco 12.43 Bn 11.93 Bn 316.94 Mn 209.69
7 Watts Water Technologies 11.74 Bn 11.40 Bn 374.10 Mn 70.00
8 Flowserve 9.30 Bn 8.57 Bn 384.73 Mn 5.89
9 Pentair 9.12 Bn 9.03 Bn 395.00 Mn -
10 Enpro 6.19 Bn 6.11 Bn 149.00 Mn 6.63
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2024 16.31
Jun 30, 2024 22.56
Mar 31, 2024 17.15
Dec 31, 2023 13.84
Sep 30, 2023 13.11
Jun 30, 2023 15.05
Mar 31, 2023 14.68
Dec 31, 2022 14.46
Sep 30, 2022 21.06
Jun 30, 2022 19.64
Mar 31, 2022 19.75
Dec 31, 2021 16.88
Sep 30, 2021 16.97
Jun 30, 2021 14.13
Mar 31, 2021 14.53
Dec 31, 2020 12.82
Sep 30, 2020 12.33
Jun 30, 2020 8.89
Mar 31, 2020 12.87
Dec 31, 2019 12.16