Idex (IEX) Interest Coverage Ratio (2009 - 2024)
Idex's (IEX) Interest Coverage Ratio came in at 16.31 for Q3 2024, up 24.4% from 13.11 a year earlier but down 27.7% from the prior quarter.
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Analysis
Idex (IEX) Interest Coverage Ratio (2009 - 2024) Analysis & Trends
For the trailing twelve months through Sep 30, 2024, Interest Coverage Ratio at Idex was 17.07, up 19.3% year-over-year; for FY2023, it came in at 14.17, down 23.3% from FY2022.
- In prior years, Idex's Interest Coverage Ratio was 18.46 in FY2022 (+18.8%), 15.54 in FY2021 (+33.7%), 11.62 in FY2020 (-11.1%) and 13.07 in FY2019 (+1.4%).
- Quarterly Interest Coverage Ratio has run from a low of 8.89 in Q2 2020 to a high of 22.56 in Q2 2024 over five years.
- On a year-over-year basis, Interest Coverage Ratio has increased in each of the last three quarters, with an average decline of 1.8% over the last eight quarters.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q2 2021, with growth of 59.0%; the weakest was Q3 2023, with a decline of 37.8%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was 22.56 (Q2 2024), 17.15 (Q1 2024) and 13.84 (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 14.45 |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 36.66 |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | - |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | - |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 14.52 |
| 10 | Idex | 17.18 Bn | 14.80 Bn | 426.80 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Idex Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=IEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "IEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=IEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();