Idex (IEX) Tax Rate (2009 - 2026)
Idex (IEX) recorded Tax Rate of 25.27% in Q3 2026, up 0.17 percentage points from 25.10% a year earlier and up 2.33 percentage points from the prior quarter.
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Analysis
Idex (IEX) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Idex's Tax Rate came in at 23.87% as of Sep 30, 2026, up 1.35 percentage points year-over-year; for FY2025, it came in at 23.73%, up 2.66 percentage points from FY2024.
- Annual Tax Rate has a five-year change of +4.06 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 21.07% in FY2024 (-0.59 pp), 21.66% in FY2023 (-0.05 pp), 21.71% in FY2022 (-0.80 pp) and 22.51% in FY2021 (+2.84 pp).
- The Q3 2026 figure is the highest quarterly Tax Rate since Q3 2017.
- On a year-over-year basis, Tax Rate has increased for seven consecutive quarters, with an average year-over-year change of +0.86 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 4.98 percentage points in Q4 2025, against a drop of 4.23 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 22.94% (Q2 2026), 23.63% (Q1 2026) and 23.49% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 268.42 Bn | 239.73 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 200.18 Bn | 194.88 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 182.33 Bn | 150.42 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 139.45 Bn | 136.39 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 120.96 Bn | 118.84 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 97.01 Bn | 78.45 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 93.92 Bn | 86.65 Bn | 2.66 Bn | 21.62% |
| 8 | Illinois Tool Works | 80.83 Bn | 77.51 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 75.75 Bn | 64.60 Bn | 1.64 Bn | 23.15% |
| 10 | Idex | 17.48 Bn | 15.09 Bn | 429.50 Mn | 25.27% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 25.27% |
| Jun 30, 2026 | 22.94% |
| Mar 31, 2026 | 23.63% |
| Dec 31, 2025 | 23.49% |
| Sep 30, 2025 | 25.10% |
| Jun 30, 2025 | 22.84% |
| Mar 31, 2025 | 23.37% |
| Dec 31, 2024 | 18.52% |
| Sep 30, 2024 | 22.99% |
| Jun 30, 2024 | 21.21% |
| Mar 31, 2024 | 21.49% |
| Dec 31, 2023 | 22.75% |
| Sep 30, 2023 | 20.17% |
| Jun 30, 2023 | 22.41% |
| Mar 31, 2023 | 22.25% |
| Dec 31, 2022 | 20.49% |
| Sep 30, 2022 | 21.76% |
| Jun 30, 2022 | 22.02% |
| Mar 31, 2022 | 22.45% |
| Dec 31, 2021 | 22.52% |
API Access
Idex Tax Rate 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=tax-rate&ticker=IEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=IEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();