IDEXMEX:IEX 94 Gross Margin % is 44.89% as of Mar. 2026, which is 1% above its 10-year median of 44.40. GuruFocus rates MEX:IEX with a GF Score™ of 94/100 and a GF Value™ of MXN3,132.95. The stock has 8 warning signs investors should review. Among 2,993 Industrial Products companies, IDEX ranks better than 83.93% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. IDEX's Gross Profit for the
three
months ended in Mar. 2026 was MXN7,179 Mil. IDEX's Revenue for the
three
months ended in Mar. 2026 was MXN15,993 Mil. Therefore, IDEX's Gross Margin % for the quarter that ended in Mar. 2026 was 44.89%.
The historical rank and industry rank for IDEX's Gross Margin % or its related term are showing as below:
MEX:IEX'
s Gross Margin % Range Over the Past 10 Years
Min: 43.69 Med: 44.4 Max: 45.1
Current: 44.42
During the past 13 years, the highestGross Margin % of IDEX was 45.10%. The lowest was 43.69%. And the median was 44.40%.
MEX:IEX's Gross Margin % is ranked better than 83.93% of 2993
companies
in the Industrial Products industry
Industry Median: 26.83
vs MEX:IEX: 44.42
IDEX had a gross margin of 44.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for IDEX was 0.20% per year.
IDEX (MEX:IEX) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
IDEX had a gross margin of 44.89% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
IDEX Gross Margin % Related Terms
IDEX Gross Margin % Historical Data
* Premium members only.
The historical data trend for IDEX's Gross Margin % 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.
MEX:IEX vs NDSN, GNRC, ITT: Gross Margin % Comparison
For the Specialty Industrial Machinery subindustry, IDEX's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
IDEX Gross Margin % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, IDEX's Gross Margin % distribution charts can be found below:
* The bar in red indicates where IDEX's Gross Margin % falls into.
* 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
IDEX (MEX:IEX) has a Gross Margin % of 44.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on IDEX and its competitors. This is near median its historical median of 44.40. Over the past decade, IDEX's Gross Margin % has ranged from 43.69 to 45.10. According to the industry distribution chart, IDEX ranks #481 out of 2993 companies in the Industrial Products industry, placing it in the top 16.1%.
Is IDEX's Gross Margin % too high?
IDEX's current Gross Margin % of 44.89% is near median its 10-year median of 44.40. Over the past 10 years, this metric has ranged from a low of 43.69 to a high of 45.10. The Industrial Products industry median Gross Margin % is 26.83. IDEX's value of 44.89% is 67.3% above this industry median. Based on the distribution chart, IDEX ranks #481 out of 2993 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, IDEX has a GF Score™ of 94/100, reflecting its overall financial health beyond just this single metric.
How does IDEX's Gross Margin % compare to NDSN and GNRC?
According to the Industrial Products industry distribution chart, IDEX ranks #481 out of 2993 companies for Gross Margin %. This places IDEX in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.83. IDEX's value of 44.89% is 67.3% above this benchmark. Historically, IDEX's own Gross Margin % has ranged from 43.69 to 45.10 over the past decade. While the company's 10-year median is 44.40 vs. the industry median of 26.83, IDEX has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Industrial Products company?
The median Gross Margin % among Industrial Products companies is 26.83, based on 2,993 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. IDEX's current Gross Margin % of 44.89% is 67.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on IDEX and its competitors. For the Industrial Products industry, the median Gross Margin % is 26.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IDEX's current Gross Margin % is 44.89%, which is near median its own 10-year median of 44.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IDEX stock overvalued right now?
IDEX (MEX:IEX) has a current Gross Margin % of 44.89%. The stock's GF Value™ is MXN3,132.95, compared to a current price of MXN3,105.00 — trading 0.9% below its estimated fair value. The current Gross Margin % is 44.89%, which is near median its 10-year median of 44.40 and 67.3% above the Industrial Products industry median of 26.83. IDEX's overall GF Score™ is 94/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For IDEX (MEX:IEX), the current Gross Margin % is 44.89% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is IDEX (MEX:IEX) Overvalued in 2026?
Based on GuruFocus' analysis, IDEX stock appears to be undervalued.
The current stock price of MXN3,105.00 is trading 0.9% below its estimated GF Value™ of MXN3,132.95.
Key valuation signals for MEX:IEX:
Gross Margin %: 44.89% (near median its 10-year median of 44.40)
GF Value™: MXN3,132.95 vs. price of MXN3,105.00 (0.9% below fair value)
Industry Position: 67.3% above the Industrial Products median (#481 of 2993)
No single metric tells the full story. See the MEX:IEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. The company generated $3.5 billion in revenue in 2025.
94GF Score
Get the complete analysis for MEX:IEX
Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:IEX has been successfully added to your 
