IDEX Corporation IEX

Competitive advantage analysis · industrials

Corporate Default
Overall moat score
74/100
Moderate

About IDEX Corporation

IDEX Corporation, together with its subsidiaries, provides applied solutions in the United States, North America, Europe, Asia, and internationally. It operates through three segments: Health & Science Technologies (HST), Fluid & Metering Technologies (FMT) and Fire & Safety/Diversified Products (FSDP). The HST segment designs, produces, and distributes a range of precision fluidics, positive displacement pumps, powder and liquid processing technologies, … Full IEX analysis →

Competitive advantage assessment

Key strengths

  • Margins Consistently Above Peers Gross margin at 44.5% (top 19%) and operating margin at 20.2% (top 12%) indicate strong pricing power.
  • Margins Stable Across Cycles Operating margin volatility is low (stability score 0.86), demonstrating pricing resilience across cycles.

The dashed ring is the peer median. Defense scores are percentile ranks against peers, so 50 is roughly the typical company in this group.

Upgrade to unlock the signals and evidence behind each defense.

Premium access

Unlock full defense analysis

Get key signals, strengths, and risks for every moat dimension.

Upgrade to Premium Unlock all moat defenses and evidence.

Pricing Power

Strong
85

Where IEX ranks in Specialty Industrial Machinery

IDEX Corporation ranks #11 of 82 scored companies in Specialty Industrial Machinery by moat score — the top 13%. The widest moat in the group is Graco Inc. (GGG) at 86/100.

Moat scores for companies ranked near IEX in Specialty Industrial Machinery
# Company Moat score Rating
7 Parker-Hannifin Corporation PH 77/100 Strong
8 CSW Industrials, Inc. CSWI 76/100 Strong
9 Nordson Corporation NDSN 76/100 Strong
10 Pentair plc. PNR 75/100 Strong
11 IDEX Corporation IEX 74/100 Moderate
12 A.O. Smith Corporation AOS 74/100 Moderate
13 ITT Inc. ITT 74/100 Moderate
14 Eaton Corporation, PLC ETN 73/100 Moderate
15 MUELLER WATER PRODUCTS MWA 73/100 Moderate

See every General Corporate company ranked by moat score →

How IEX scores on the Corporate Default defenses

Pricing Power

Score 85 · 20% of the moat score

Pricing power is the ability to raise prices without losing volume.

Cost Advantage

Score 72 · 15% of the moat score

A cost advantage means delivering the same product for structurally less — better purchasing, denser distribution, a more automated process.

Customer Stickiness

Score 88 · 15% of the moat score

Stickiness is what makes revenue repeat without being re-won every year.

Capital Efficiency

Score 67 · 18% of the moat score

Capital efficiency asks what the company earns on the money tied up in the business.

Resilience

Score 68 · 17% of the moat score

Resilience is the capacity to get through a bad year on its own terms — enough liquidity, enough interest cover, and enough cash generation to avoid a rescue financing or a forced sale.

Scale & Market Position

Score 65 · 15% of the moat score

Scale matters only when it converts into economics.

How each Corporate Default defense is measured, in full →

Understanding IEX's moat

What is IDEX Corporation's moat score?

IDEX Corporation (IEX) scores 74 out of 100 on the StatsAlpha Moat Map, which rates its competitive advantage as moderate. It ranks #11 of 82 scored companies in Specialty Industrial Machinery, the top 13%. The score is a weighted composite of 6 competitive defenses, each measured against industry peers of 81 companies in Specialty Industrial Machinery. Its strongest defense is Customer Stickiness (88/100) and its weakest is Scale & Market Position (65/100).

How does IDEX Corporation compare with other Specialty Industrial Machinery companies?

IDEX Corporation ranks #11 of 82 scored companies in Specialty Industrial Machinery by moat score. The widest moat in Specialty Industrial Machinery is Graco Inc. (GGG) at 86/100. The companies ranked closest are Pentair plc. (PNR) at 75 just above it and A.O. Smith Corporation (AOS) at 74 just below it.

How is the moat score calculated?

Each company is scored with an industry-specific template — Corporate Default in this case, chosen because the defenses that matter to a bank are not the ones that matter to a software company. Every defense combines several financial signals, and each signal is measured as a percentile against a peer group of 81 companies in Specialty Industrial Machinery. The defenses are then weighted to produce the overall score out of 100.

Why is IDEX Corporation scored with the Corporate Default template?

Most public companies sell a product or a service at a margin, so the moat question is whether that margin survives contact with competitors. The Corporate template scores the six defenses that show up in a general operating company's financial signature: whether it can hold price, produce more cheaply than rivals, keep its customers, earn a return above its cost of capital, withstand a downturn, and turn size into economics.

Which competitive defenses are measured for IDEX Corporation?

The Corporate Default template measures 6 defenses, and IEX scores: Pricing Power (85), Cost Advantage (72), Customer Stickiness (88), Capital Efficiency (67), Resilience (68), Scale & Market Position (65). Each is scored independently as a percentile against peers, so a company can be strong on one and weak on another — the overall score reflects how those defenses are weighted for this industry.

Send Feedback
Please select a category.
0/1000