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

Idex (IEX) reported Interest Coverage Ratio of 16.31 for 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.

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

Idex (IEX) has 16 years of Interest Coverage Ratio data on file, last reported at 16.31 in Q3 2024.

  • Interest Coverage Ratio for Q3 2024 came in at 16.31, up 24.42% year-over-year; the trailing twelve-month figure through Jun 2025 was 64.39 (up 302.9% YoY), and the FY2023 annual result was 14.17, down 23.26% from the prior year.
  • Interest Coverage Ratio slipped to 16.31 in Q3 2024 per IEX's latest filing, 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.
  • The sharpest annual moves came in 2021 and 2023: Interest Coverage Ratio jumped 58.97% in 2021, then tumbled 37.76% in 2023.
  • A 5-year view of Interest Coverage Ratio shows it stood at 12.82 in 2020, then jumped by 31.66% to 16.88 in 2021, then dropped by 14.29% to 14.46 in 2022, then decreased by 4.33% to 13.84 in 2023, then gained by 17.88% to 16.31 in 2024.
  • Business Quant data shows IEX's Interest Coverage Ratio at 16.31 in Q3 2024, 22.56 in Q2 2024, and 17.15 in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn -6.39
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 11.06
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 11.44
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 12.49
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn -
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 13.97
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 24.63
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 12.97
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 10.36
10 Idex 16.00 Bn 15.41 Bn 398.10 Mn -

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