Idex (IEX) Tax Rate (2009 - 2026)
Idex's (IEX) quarterly Tax Rate came in at 22.94% in Q2 2026, up 11.0% year-over-year from 20.67% in Q2 2025, and down 2.9% quarter-over-quarter from 23.63% in Q1 2026.
Analysis
Idex (IEX) Tax Rate (2009 - 2026) Analysis & Trends
Idex (IEX) has reported Tax Rate for 18 consecutive years, with 22.94% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 11.0% year-over-year to 22.94% in Q2 2026; TTM through Jun 2026 was 23.78%, a 188.0% increase from a year earlier, with the FY2025 full-year figure at 23.73%, up 266.0% from the prior year.
- Tax Rate was 22.94% for Q2 2026 at Idex, down from 23.63% in the prior quarter.
- Over five years, Tax Rate peaked at 25.1% in Q3 2025 and troughed at 18.52% in Q4 2024.
- A 5-year average of 22.22% and a median of 22.43% in 2023 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 423 bps in 2024 and surged 498 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 20.49% in 2022, then increased by 11 bps to 22.75% in 2023, then fell by 19 bps to 18.52% in 2024, then advanced by 27 bps to 23.49% in 2025, then declined by 2 bps to 22.94% in 2026.
- The last three Tax Rate figures came in at 22.94% (Q2 2026), 23.63% (Q1 2026), and 23.49% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Parker-Hannifin | 117.96 Bn | 117.45 Bn | 2.25 Bn | 18.51% |
| 2 | Emerson Electric | 82.85 Bn | 80.67 Bn | 2.66 Bn | 21.62% |
| 3 | Ingersoll Rand | 28.47 Bn | 27.30 Bn | 862.60 Mn | 21.13% |
| 4 | Itt | 17.56 Bn | 16.97 Bn | 510.10 Mn | 36.02% |
| 5 | Idex | 16.38 Bn | 15.76 Bn | 426.80 Mn | 22.94% |
| 6 | Graco | 12.43 Bn | 11.93 Bn | 316.94 Mn | 20.13% |
| 7 | Watts Water Technologies | 11.74 Bn | 11.40 Bn | 374.10 Mn | 23.03% |
| 8 | Flowserve | 9.30 Bn | 8.57 Bn | 384.73 Mn | 14.41% |
| 9 | Pentair | 9.12 Bn | 9.03 Bn | 395.00 Mn | 12.46% |
| 10 | Enpro | 6.19 Bn | 6.11 Bn | 149.00 Mn | 17.63% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 23.43% |