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IDEX Earnings Yield %

: 2.50% (As of today)
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The earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

As of today (2021-10-21), the stock price of IDEX is $220.25. IDEX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 was $5.51. Therefore, IDEX's earnings yield of today is 2.50%.

The earnings yield does not consider the growth of the business. A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. IDEX's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2021 was 7.56%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


IDEX Earnings Yield % Historical Data

The historical data trend for IDEX's Earnings Yield % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

IDEX Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Earnings Yield %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

IDEX Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
Earnings Yield % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

IDEX Earnings Yield % Calculation

Earnings yield is the reciprocal of the P/E Ratio.

IDEX's Earnings Yield for today is calculated as

Earnings Yield=Earnings per Share (Diluted) (TTM)/Share Price
=5.510/220.25
=2.50 %

IDEX's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.510 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

Earnings Yield=Net Income /Market Cap

The earnings in the calculation is the Trailing Twelve Months earnings.


IDEX  (NYSE:IEX) Earnings Yield % Explanation

If the P/E ratio is an indication of how many years it takes for the company to earn back the stock price shareholders pay to buy the shares, the earnings yield is an indication of how much return shareholders' investment in the company earned over the past 12 months. The higher the earnings yield is, the better.

If a company loses money, the earnings yield is negative. This gives a more straightforward indication that the company is losing money. This is an advantage of using earnings yield instead of the P/E ratio in valuation. For valuation purposes, the P/B Ratio and the P/S Ratio should be used for companies that are losing money.

Like the P/E ratio, the earnings yield can be used to compare investments in different industries. It can even be used to compare the attractiveness of different asset classes such as bonds and cash. Of course, the earnings yield should not be the only factor in deciding which asset classes to invest.

Also similar to the P/E ratio, the earnings yield does not consider the growth of the business. A growing company with the same earnings yield should be more attractive than a company that has the same earnings yield but does not grow.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %.

Be Aware

Just like the P/E Ratio, non-recurring items such as selling part of the business, selling a previous investment, etc., can affect earnings yield dramatically. The earning yield is also a poor indication for cyclical companies. When a cyclical stock has a high earnings yield it is usually at the peak of its cycle.


IDEX Earnings Yield % Related Terms

Thank you for viewing the detailed overview of IDEX's Earnings Yield % provided by GuruFocus.com. Please click on the following links to see related term pages.


IDEX Business Description

IDEX logo
Industry
Industrials » Industrial Products NAICS : 333249 SIC : 3561
Traded in Other Exchanges
Address
3100 Sanders Road, Suite 301, Northbrook, Chicago, IL, USA, 60062
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire & safety, life science, and water. The firm's business is organized into three segments: fluid & metering technologies, health & science technologies, and fire & safety and diversified products. Based in Lake Forest, Illinois, Idex has manufacturing operations in over 20 countries and has over 7,000 employees. The company generated $2.4 billion in revenue and $537 million in adjusted operating income in 2020.
Executives
Yates Michael J officer: VP-Chief Accounting Officer 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Silvernail Andrew K director, officer: Chairman and CEO 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Bucklew Jeffrey D officer: SVP-Chief HR Officer 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Ashleman Eric D officer: President and COO 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Cade Denise R officer: SVP-General Counsel & Corp Sec 1011 WARRENVILLE ROAD SUITE 600 LISLE IL 60532
Salliotte Daniel J officer: SVP - MERGERS & ACQUISITIONS 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Mrozek Ernest J director SERVICE MASTER 2300 WARRENVILLE ROAD DOWNERS GROVE IL 60515
Cook William M director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Satterthwaite Livingston director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Christenson Carl R director C/O ALTRA INDUSTRIAL MOTION INC. 300 GRANITE STREET BRAINTREE MA 02184
Helmkamp Katrina L director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Parry David C director 155 HARLEM AVE. GLENVIEW IL 60025
Beck Mark A director 2200 PENNSYLVANIA AVENUE, NW SUITE 800W WASHINGTON DC 20037
Warner Cynthia J director 1925 WEST FIELD COURT SUITE 200 LAKE FOREST IL 60045
Buthman Mark A director P O BOX 619100 DALLAS TX 752619100

IDEX Headlines

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