FUNDAMENTAL ANALYSIS
IEX
IDEX Corporation
FUNDAMENTAL RATING
FUNDAMENTAL SCORE
79 / 100
Summary
IDEX Corporation's net income trend is the most consequential fact: net income compounded at -6.28% a year (CAGR, or compound annual growth rate) across the three-year window and the latest annual net income fell 4.3% YoY (year-over-year). Revenue moved the other way, rising 5.8% in the latest year, and the most recent quarter reported $143.4M in net income, a 19.5% QoQ (quarter-over-quarter) improvement. Assets cover liabilities 2.39 times, which supports solvency and cash flexibility. The Altman Z-score is 5.48, sitting in the safe zone, which the model defines as values above 2.99 and distress below 1.81. The Piotroski F-Score of 8 on a 0 to 9 quality scale indicates strong earnings-quality signals. The price-to-earnings ratio of 36.4 is approximately one and a half times the S&P 500 average and prices in expectations of better profit trends. The next earnings report must show whether annual net income turns back to positive YoY growth or whether the recent quarterly uptick proves transient.
Revenue — Annual Comparison
Net Income — Annual Comparison
Quarterly Detail Charts
Quarterly Revenue
Quarterly Net Income
Piotroski F-Score Breakdown
8/9 · Bullish
Profitability — Net income positive this fiscal year
Pass
Return on Assets — Return on Assets improved year-over-year
Fail
Cash flow positive — Cash from operations positive this fiscal year
Pass
Earnings quality — Cash from operations exceeds net income
Pass
Leverage down — Long-term debt / total assets improved
Pass
Liquidity up — Current ratio improved year-over-year
Pass
No share dilution — Share count did not increase year-over-year
Pass
Margin up — Gross margin expanded year-over-year
Pass
Asset efficiency — Asset turnover improved year-over-year
Pass
Data Source
This dashboard applies a modified 9-signal Piotroski F-Score (Piotroski, 2000) and Altman Z-Score models. Fundamental filing data is sourced from the SEC's EDGAR XBRL database (primary), with API Ninjas as backup for freshly-filed 10-Ks not yet in SEC. Live price, market cap, and EPS display use Tiingo end-of-day data. This page is informational analysis, not investment advice. See Financial Disclaimer.
Recent Filings
Formula & Methodology
Trend inputAnnual revenue and net income year-over-year direction contributes 20% of the score.
Piotroski inputModified 9-test Piotroski F-Score (Quality) contributes 40% of the score.
Altman inputAltman Z-Score (Distress) contributes 40% of the score.
Rating ruleFormula: Trend (20%) + Piotroski F-Score (40%) + Altman Z-Score (40%). Trend blends annual revenue and net income year-over-year direction. Piotroski is the modified 9-test variant (7 classic + 2 cash-flow tests). Altman uses the 1968 Z-Score with Safe/Grey/Distress zones. Combined blend uses ±0.45 thresholds: Bullish at +0.45 or higher, Bearish at -0.45 or lower, Neutral in between. Missing sub-signals count as Neutral (0) and weights are not re-normalized — a company with fewer available signals must earn its rating from stronger reads on the remaining pillars.