Idex (IEX) Interest Expenses (2009 - 2024)
Idex (IEX) reported Interest Expenses of $10.3 million for Q3 2024, down 24.82% year-over-year from $13.7 million in Q4 2023, and up 27.16% quarter-over-quarter from $8.1 million in Q2 2024.
Idex (IEX) Interest Expenses (2009 - 2024) Analysis & Trends
Idex (IEX) has 16 years of Interest Expenses data on file, last reported at $10.3 million in Q3 2024.
- Interest Expenses for Q3 2024 came in at $10.3 million, down 24.82% year-over-year; the trailing twelve-month figure through Jun 2025 was $10.3 million (down 75.93% YoY), and the FY2023 annual result was $51.7 million, up 27.03% from the prior year.
- Interest Expenses improved to $10.3 million in Q3 2024 per IEX's latest filing, from $8.1 million in the prior quarter.
- Over five years, Interest Expenses peaked at $13.7 million in Q3 2023 and troughed at $8.1 million in Q2 2024.
- A 5-year average of $10.8 million and a median of $10.7 million in 2021 frame the typical range for Interest Expenses.
- The sharpest annual moves came in 2023 and 2024: Interest Expenses soared 42.71% in 2023, then sank 39.1% in 2024.
- A 5-year view of Interest Expenses shows it stood at $10.8 million in 2020, then declined by 11.46% to $9.6 million in 2021, then grew by 26.04% to $12.1 million in 2022, then fell by 4.13% to $11.6 million in 2023, then declined by 11.21% to $10.3 million in 2024.
- Business Quant data shows IEX's Interest Expenses at $10.3 million in Q3 2024, $8.1 million in Q2 2024, and $9.4 million in Q1 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 251.14 Bn | 242.11 Bn | 1.78 Bn | -28.00 Mn |
| 2 | Eaton | 153.70 Bn | 153.00 Bn | 2.65 Bn | 106.00 Mn |
| 3 | Parker-Hannifin | 111.44 Bn | 110.97 Bn | 2.02 Bn | 99.00 Mn |
| 4 | Cummins | 90.06 Bn | 87.33 Bn | 2.24 Bn | 76.00 Mn |
| 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 | 73.00 Mn |
| 7 | Ametek | 51.86 Bn | 51.38 Bn | 717.56 Mn | 20.91 Mn |
| 8 | Rockwell Automation | 50.08 Bn | 49.71 Bn | 1.13 Bn | 36.00 Mn |
| 9 | Dover | 28.99 Bn | 27.35 Bn | 798.14 Mn | 29.52 Mn |
| 10 | Idex | 16.00 Bn | 15.41 Bn | 398.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 10.30 Mn |
| Sep 30, 2024 | 10.30 Mn |
| Jun 30, 2024 | 8.10 Mn |
| Jun 30, 2024 | 8.10 Mn |
| Mar 31, 2024 | 9.40 Mn |
| Mar 31, 2024 | 9.40 Mn |
| Dec 31, 2023 | 11.60 Mn |
| Dec 31, 2023 | 11.60 Mn |
| Sep 30, 2023 | 13.70 Mn |
| Sep 30, 2023 | 13.70 Mn |
| Jun 30, 2023 | 13.30 Mn |
| Jun 30, 2023 | 13.30 Mn |
| Mar 31, 2023 | 13.10 Mn |
| Mar 31, 2023 | 13.10 Mn |
| Dec 31, 2022 | 12.10 Mn |
| Dec 31, 2022 | 12.10 Mn |
| Sep 30, 2022 | 9.60 Mn |
| Sep 30, 2022 | 9.60 Mn |
| Jun 30, 2022 | 9.50 Mn |
| Jun 30, 2022 | 9.50 Mn |