Idex (IEX) Tax Rate (2009 - 2026)
Idex (IEX) recorded Tax Rate of 22.94% in Q2 2026, up 0.11 percentage points from 22.84% a year earlier but down 0.69 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 23.78% as of Jun 30, 2026, up 1.88 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).
- Quarterly Tax Rate has ranged from 18.52% in Q4 2024 to 25.10% in Q3 2025 over the past five years.
- On a year-over-year basis, Tax Rate has increased for six consecutive quarters, with an average year-over-year change of +1.19 percentage points over the last eight quarters.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 9.06 percentage points in Q3 2021, 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 23.63% (Q1 2026), 23.49% (Q4 2025) and 25.10% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 24.54% |
| 10 | Idex | 17.18 Bn | 14.80 Bn | 426.80 Mn | 22.94% |
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% |
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();