Tax Rate: 23.63%
Is the tax rate high or low?
The tax rate of 23.63% is in line with its 5-year average of 22.23%, near the high end of its 5-year range (18.52%–25.10%).
0.24% below its 12-month average of 23.69%.
IEX Tax Rate
Reported quarterly effective tax rate; periods with non-meaningful pretax income are omitted.
IEX Average Tax Rate Chart
IEX Current vs Average Tax Rate Chart
IEX Tax Rate Metrics
TAX RATE
23.63%
TAX RATE AVG TTM
23.69%
TAX RATE AVG 3Y
22.64%
TAX RATE AVG 5Y
22.41%
TAX RATE AVG 10Y
22.45%
TAX RATE AVG 15Y
24.43%
TAX RATE AVG 20Y
26.64%
CURRENT VS TTM AVG
-0.24%
CURRENT VS 3Y AVG
+4.37%
CURRENT VS 5Y AVG
+5.43%
CURRENT VS 10Y AVG
+5.26%
CURRENT VS 15Y AVG
-3.29%
CURRENT VS 20Y AVG
-11.29%
Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Tax Rate FAQ
- What is the tax rate for IDEX Corporation (IEX)?
- The tax rate for IEX stock is 23.63%.
- Is IDEX Corporation's tax rate high or low?
- The tax rate of 23.63% is in line with its 5-year average of 22.23%, near the high end of its 5-year range (18.52%–25.10%).
- What is the TTM average tax rate for IDEX Corporation (IEX)?
- The TTM average tax rate for IEX stock is 23.69%.
- What is the 3Y average tax rate for IDEX Corporation (IEX)?
- The 3Y average tax rate for IEX stock is 22.64%.
- What is the 5Y average tax rate for IDEX Corporation (IEX)?
- The 5Y average tax rate for IEX stock is 22.41%.
- What is the 10Y average tax rate for IDEX Corporation (IEX)?
- The 10Y average tax rate for IEX stock is 22.45%.
- What is the 15Y average tax rate for IDEX Corporation (IEX)?
- The 15Y average tax rate for IEX stock is 24.43%.
- What is the 20Y average tax rate for IDEX Corporation (IEX)?
- The 20Y average tax rate for IEX stock is 26.64%.
IEX Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2026-03-31 | 23.63% |
| 2025-12-31 | 23.49% |
| 2025-09-30 | 25.10% |
| 2025-06-30 | 22.84% |
| 2025-03-31 | 23.37% |
| 2024-12-31 | 18.52% |
| 2024-09-30 | 22.99% |
| 2024-06-30 | 21.21% |
| 2024-03-31 | 21.49% |
| 2023-12-31 | 22.75% |
| 2023-09-30 | 20.17% |
| 2023-06-30 | 22.41% |
| 2023-03-31 | 22.25% |
| 2022-12-31 | 20.49% |
| 2022-09-30 | 21.76% |
| 2022-06-30 | 22.02% |
| 2022-03-31 | 22.45% |
| 2021-12-31 | 22.52% |
| 2021-09-30 | 23.40% |
| 2021-06-30 | 21.33% |
| 2021-03-31 | 22.63% |
| 2020-12-31 | 22.18% |
| 2020-09-30 | 14.37% |
| 2020-06-30 | 22.72% |
| 2020-03-31 | 20.00% |
| 2019-12-31 | 20.64% |
| 2019-09-30 | 18.59% |
| 2019-06-30 | 21.74% |
| 2019-03-31 | 19.51% |
| 2018-12-31 | 23.82% |
| 2018-09-30 | 20.18% |
| 2018-06-30 | 21.66% |
| 2018-03-31 | 23.96% |
| 2017-12-31 | 24.15% |
| 2017-09-30 | 26.38% |
| 2017-06-30 | 26.10% |
| 2017-03-31 | 27.32% |
| 2016-12-31 | 21.17% |
| 2016-09-30 | 29.64% |
| 2016-06-30 | 26.91% |
| 2016-03-31 | 26.59% |
| 2015-12-31 | 23.59% |
| 2015-09-30 | 29.19% |
| 2015-06-30 | 29.35% |
| 2015-03-31 | 28.99% |
| 2014-12-31 | 27.80% |
| 2014-09-30 | 29.50% |
| 2014-06-30 | 29.32% |
| 2014-03-31 | 28.47% |
| 2013-12-31 | 27.12% |
| 2013-09-30 | 26.34% |
| 2013-06-30 | 29.22% |
| 2013-03-31 | 28.25% |
| 2012-09-30 | 28.58% |
| 2012-06-30 | 30.22% |
| 2012-03-31 | 29.52% |
| 2011-12-31 | 29.44% |
| 2011-09-30 | 23.40% |
| 2011-06-30 | 31.50% |
| 2011-03-31 | 31.85% |
| 2010-12-31 | 31.46% |
| 2010-09-30 | 32.55% |
| 2010-06-30 | 32.01% |
| 2010-03-31 | 33.06% |
| 2009-12-31 | 32.23% |
| 2009-09-30 | 32.24% |
| 2009-06-30 | 33.38% |
| 2009-03-31 | 33.80% |
| 2008-12-31 | 33.04% |
| 2008-09-30 | 32.55% |
| 2008-06-30 | 34.86% |
| 2008-03-31 | 33.91% |
| 2007-12-31 | 33.87% |
| 2007-09-30 | 33.13% |
| 2007-06-30 | 33.94% |
| 2007-03-31 | 33.93% |
| 2006-12-31 | 32.12% |
| 2006-09-30 | 35.34% |
| 2006-06-30 | 33.56% |
| 2006-03-31 | 34.00% |
| 2005-12-31 | 35.00% |
| 2005-09-30 | 34.06% |
| 2005-06-30 | 35.09% |
| 2005-03-31 | 36.00% |
| 2004-12-31 | 34.00% |
| 2004-09-30 | 35.00% |
| 2004-06-30 | 36.50% |
| 2004-03-31 | 36.50% |
| 2003-12-31 | 35.50% |
| 2003-09-30 | 35.50% |
| 2003-06-30 | 35.50% |
| 2003-03-31 | 35.50% |
| 2002-12-31 | 35.50% |
| 2002-09-30 | 34.56% |
| 2002-06-30 | 36.00% |
Related Metrics
About IDEX Corporation
IDEX Corporation is an international enterprise specializing in engineered solutions across diverse sectors. The company operates through three primary business units: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT division is responsible for the design, production, and distribution of a range of fluid-handling equipment, including positive displacement pumps, flow meters, and injectors, alongside offering flow monitoring and related services. Its applications span the food, chemical, general industrial, water management, agricultural, and energy industries. Under the HST umbrella, IDEX develops and supplies precision components and systems for health and scientific applications. This includes advanced fluidic devices, various types of pumps (rotary lobe, centrifugal, positive displacement), roll compaction and drying technologies, pneumatic components, and sealing solutions, as well as biocompatible medical devices, optical components, and precision photonic solutions. Key markets for this segment encompass food and beverage, pharmaceutical, cosmetics, marine, chemical, wastewater treatment, life sciences, research, and defense. Finally, the FSDP segment delivers critical equipment for emergency services, such as firefighting pumps, valves, rescue tools, and lifting bags. It also provides engineered stainless steel banding and clamping devices for industrial and commercial use, alongside specialized precision equipment for dispensing, metering, and mixing colorants and paints for retail and commercial clients. IDEX Corporation was founded in 1987 and maintains its headquarters in Northbrook, Illinois.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Eric D. Ashleman