Idex (IEX) Times Interest Earned (2009 - 2024)
Idex's Times Interest Earned was 16.31 in Q3 2024, up 24.4% from 13.11 a year earlier but down 27.7% from the prior quarter.
Idex (IEX) Times Interest Earned (2009 - 2024) Analysis & Trends
On a trailing twelve-month basis, Idex's Times Interest Earned was 17.07 through Sep 30, 2024, up 19.3% year-over-year; for FY2023, it was 14.17, down 23.3% from FY2022.
- In earlier years, Times Interest Earned was 18.46 in FY2022 (+18.8%), 15.54 in FY2021 (+33.7%), 11.62 in FY2020 (-11.1%) and 13.07 in FY2019 (+1.4%).
- Quarterly Times Interest Earned has moved between 8.89 (Q2 2020) and 22.56 (Q2 2024) over five years.
- Compared with a year earlier, Times Interest Earned has increased for three straight quarters, with an average decline of 1.8% over the last eight quarters.
- The best year-over-year quarter for Times Interest Earned over five years was Q2 2021 (growth of 59.0%); the worst was Q3 2023 (a decline of 37.8%).
- Per Business Quant data, IEX's Times Interest Earned in the three quarters before Q3 2024 was 22.56 (Q2 2024), 17.15 (Q1 2024) and 13.84 (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 340.33 Bn | 312.03 Bn | 7.76 Bn | 8.64 |
| 2 | Amphenol | 195.04 Bn | 189.62 Bn | 3.55 Bn | 12.09 |
| 3 | Deere | 171.72 Bn | 139.81 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 152.74 Bn | 149.93 Bn | 2.86 Bn | 6.93 |
| 5 | Parker-Hannifin | 120.82 Bn | 118.95 Bn | 2.25 Bn | 14.45 |
| 6 | Emerson Electric | 91.30 Bn | 84.04 Bn | 2.66 Bn | - |
| 7 | 3M | 90.37 Bn | 71.82 Bn | 2.78 Bn | - |
| 8 | Vertiv Holdings | 81.71 Bn | 72.33 Bn | 1.23 Bn | 36.66 |
| 9 | Illinois Tool Works | 79.34 Bn | 75.90 Bn | 1.90 Bn | 14.52 |
| 10 | Idex | 17.41 Bn | 15.03 Bn | 426.80 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 16.31 |
| Jun 30, 2024 | 22.56 |
| Mar 31, 2024 | 17.15 |
| Dec 31, 2023 | 13.84 |
| Sep 30, 2023 | 13.11 |
| Jun 30, 2023 | 15.05 |
| Mar 31, 2023 | 14.68 |
| Dec 31, 2022 | 14.46 |
| Sep 30, 2022 | 21.06 |
| Jun 30, 2022 | 19.64 |
| Mar 31, 2022 | 19.75 |
| Dec 31, 2021 | 16.88 |
| Sep 30, 2021 | 16.97 |
| Jun 30, 2021 | 14.13 |
| Mar 31, 2021 | 14.53 |
| Dec 31, 2020 | 12.82 |
| Sep 30, 2020 | 12.33 |
| Jun 30, 2020 | 8.89 |
| Mar 31, 2020 | 12.87 |
| Dec 31, 2019 | 12.16 |
Idex Times Interest Earned 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=times-interest-earned&ticker=IEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "times-interest-earned", "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=times-interest-earned&ticker=IEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();