Idex (IEX) Operating Margin (2009 - 2026)
Idex (IEX) reported Operating Margin of 21.71% for Q2 2026, unchanged from 21.71% a year earlier and up 2.28 percentage points from the prior quarter.
Idex (IEX) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Idex's Operating Margin came in at 20.69%, up 0.84 percentage points year-over-year; for FY2025, it came in at 20.23%, down 0.49 percentage points from FY2024.
- Operating Margin has declined for three consecutive years, with a five-year change of -1.92 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 20.72% in FY2024 (-1.66 pp), 22.37% in FY2023 (-1.24 pp), 23.61% in FY2022 (+0.58 pp) and 23.04% in FY2021 (+0.90 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q2 2024.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -0.38 percentage points.
- The high point for year-over-year Operating Margin in five years was Q1 2026 (a gain of 2.00 percentage points); the low point was Q1 2025 (a drop of 2.70 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.44% (Q1 2026), 20.42% (Q4 2025) and 21.14% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 20.91% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 29.51% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 14.72% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 16.32% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 23.86% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.48% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 26.92% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 15.14% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 26.67% |
| 10 | Idex | 17.04 Bn | 14.66 Bn | 426.80 Mn | 21.71% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.71% |
| Mar 31, 2026 | 19.44% |
| Dec 31, 2025 | 20.42% |
| Sep 30, 2025 | 21.14% |
| Jun 30, 2025 | 21.71% |
| Mar 31, 2025 | 17.44% |
| Dec 31, 2024 | 19.16% |
| Sep 30, 2024 | 21.05% |
| Jun 30, 2024 | 22.63% |
| Mar 31, 2024 | 20.14% |
| Dec 31, 2023 | 20.34% |
| Sep 30, 2023 | 22.64% |
| Jun 30, 2023 | 23.65% |
| Mar 31, 2023 | 22.75% |
| Dec 31, 2022 | 21.59% |
| Sep 30, 2022 | 24.54% |
| Jun 30, 2022 | 23.44% |
| Mar 31, 2022 | 24.98% |
| Dec 31, 2021 | 22.66% |
| Sep 30, 2021 | 22.64% |
Idex Operating Margin 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=operating-margin&ticker=IEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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=operating-margin&ticker=IEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();