Idex (IEX) Tax Rate (2009 - 2026)
Idex (IEX) posted quarterly Tax Rate of 22.94% for 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.
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.
- In Q2 2026, Tax Rate rose 11.0% year-over-year to 22.94%; the TTM figure through Jun 2026 stood at 23.78% (up 188.0% YoY), while the FY2025 annual figure was 23.73%, up 266.0% from the prior year.
- Tax Rate declined to 22.94% in Q2 2026 per IEX's latest filing, from 23.63% in the prior quarter.
- Across five years, Tax Rate topped out at 25.1% in Q3 2025 and bottomed at 18.52% in Q4 2024.
- Historically, Tax Rate has averaged 22.22% across 5 years, with a median of 22.43% in 2023.
- Annual changes were most pronounced in 2024 — Tax Rate sank 423 bps — and 2025, when it soared 498 bps.
- Idex's Tax Rate stood at 20.49% in 2022, then gained by 11 bps to 22.75% in 2023, then decreased by 19 bps to 18.52% in 2024, then grew by 27 bps to 23.49% in 2025, then retreated by 2 bps to 22.94% in 2026.
- Business Quant data shows IEX's Tax Rate at 22.94% in Q2 2026, 23.63% in Q1 2026, and 23.49% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 259.17 Bn | 246.05 Bn | 2.36 Bn | 29.84% |
| 2 | Eaton | 161.52 Bn | 160.83 Bn | 2.86 Bn | 28.06% |
| 3 | Parker-Hannifin | 126.40 Bn | 125.92 Bn | 2.02 Bn | 19.21% |
| 4 | Emerson Electric | 86.56 Bn | 84.38 Bn | 2.66 Bn | 21.62% |
| 5 | Cummins | 81.89 Bn | 77.22 Bn | 2.47 Bn | 25.14% |
| 6 | Illinois Tool Works | 80.94 Bn | 80.10 Bn | 1.90 Bn | 24.54% |
| 7 | Ametek | 54.90 Bn | 54.40 Bn | 735.04 Mn | 17.36% |
| 8 | Rockwell Automation | 47.96 Bn | 47.48 Bn | 1.14 Bn | 13.19% |
| 9 | Ingersoll Rand | 30.93 Bn | 29.76 Bn | 862.60 Mn | 21.13% |
| 10 | Idex | 17.31 Bn | 16.69 Bn | 426.80 Mn | 22.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 22.94% |
| Jun 30, 2026 | 22.94% |
| Jun 30, 2026 | 22.94% |
| Mar 31, 2026 | 23.63% |
| Mar 31, 2026 | 23.63% |
| Mar 31, 2026 | 23.63% |
| Dec 31, 2025 | 23.49% |
| Dec 31, 2025 | 23.49% |
| Dec 31, 2025 | 23.49% |
| Sep 30, 2025 | 25.10% |
| Sep 30, 2025 | 25.10% |
| Sep 30, 2025 | 25.10% |
| Jun 30, 2025 | 22.84% |
| Jun 30, 2025 | 22.84% |
| Jun 30, 2025 | 22.84% |
| Mar 31, 2025 | 23.37% |
| Mar 31, 2025 | 23.37% |
| Mar 31, 2025 | 23.37% |
| Dec 31, 2024 | 18.52% |
| Dec 31, 2024 | 18.52% |