IDEX
IEX
$204.59
Share price
1.49%
Change (1 day)
-12.49%
Change (1 year)
IDEX Corporation, is an American company founded in 1988 that develops, designs and manufactures fluidic systems and specialty technical handling.
Operating Margin for IDEX (IEX)
Operating Margin as of December 2023 (TTM): 23.55%
According to IDEX's latest financial reports and stock price the company's current Operating Margin is 23.55%. At the end of 2022 the company had an Operating Margin of 23.55%.
Operating Margin history for IDEX from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 23.55% | 12.31% |
| 2021 | 20.97% | 4.85% |
| 2020 | 20.00% | -6.38% |
| 2019 | 21.36% | 0.31% |
| 2018 | 21.30% | 7% |
| 2017 | 19.90% | 14.13% |
| 2016 | 17.44% | -10.18% |
| 2015 | 19.42% | 6.26% |
| 2014 | 18.27% | 4.73% |
| 2013 | 17.45% | 295.5% |
| 2012 | 4.41% | -70.39% |
| 2011 | 14.90% | -2.79% |
| 2010 | 15.32% | 20.7% |
| 2009 | 12.70% | -4.82% |
| 2008 | 13.34% | -22.93% |
| 2007 | 17.31% | -0.98% |
| 2006 | 17.48% | 7.96% |
| 2005 | 16.19% | 12.28% |
| 2004 | 14.42% | 19.04% |
| 2003 | 12.12% | 7.15% |
| 2002 | 11.31% | 53.83% |
| 2001 | 7.35% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Dover DOV | 15.13% | -35.75% | 🇺🇸 USA |
 Parker-Hannifin
PH | 14.05% | -40.34% | 🇺🇸 USA |
 Roper Technologies ROP | 25.72% | 9.21% | 🇺🇸 USA |
 Xylem XYL | 7.36% | -68.75% | 🇺🇸 USA |
 Flowserve
FLS | 5.48% | -76.73% | 🇺🇸 USA |
 Colfax Corporation CFX | 6.17% | -73.78% | 🇺🇸 USA |
 ITT ITT | 15.45% | -34.39% | 🇺🇸 USA |
 Graco GGG | 26.39% | 12.06% | 🇺🇸 USA |
 Gorman-Rupp GRC | 2.20% | -90.66% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.