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Side-by-side financial comparison of ASTEC INDUSTRIES INC (ASTE) and IDEX Corporation (IEX). Click either name above to swap in a different company.

ASTEC INDUSTRIES INC is the larger business by last-quarter revenue ($400.6M vs $398.4M, roughly 1.0× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 3.0%, a 27.1% gap on every dollar of revenue. On growth, ASTEC INDUSTRIES INC posted the faster year-over-year revenue change (11.6% vs 8.9%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $7.4M). Over the past eight quarters, ASTEC INDUSTRIES INC's revenue compounded faster (13.8% CAGR vs -29.4%).

Astec International plc, better known as Astec Power or just Astec, was an international electronics company originally based in Hong Kong that manufactured power supply units and electric power conversion hardware. It was a major vendor of power supply units for computer systems, and for a time it was the largest global manufacturer of power supplies.

IDEX can refer to several things, including:International Defence Exhibition, a biennial arms and defense technology sales exhibition IDEX Corporation, a publicly listed company that makes fluidics systems and specialty engineered products Ideanomics, a publicly traded company that trades under the IDEX ticker symbol.

ASTE vs IEX — Head-to-Head

Bigger by revenue
ASTE
ASTE
1.0× larger
ASTE
$400.6M
$398.4M
IEX
Growing faster (revenue YoY)
ASTE
ASTE
+2.7% gap
ASTE
11.6%
8.9%
IEX
Higher net margin
IEX
IEX
27.1% more per $
IEX
30.1%
3.0%
ASTE
More free cash flow
IEX
IEX
$78.6M more FCF
IEX
$86.0M
$7.4M
ASTE
Faster 2-yr revenue CAGR
ASTE
ASTE
Annualised
ASTE
13.8%
-29.4%
IEX

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
ASTE
ASTE
IEX
IEX
Revenue
$400.6M
$398.4M
Net Profit
$12.0M
$120.0M
Gross Margin
27.3%
99.9%
Operating Margin
5.7%
43.3%
Net Margin
3.0%
30.1%
Revenue YoY
11.6%
8.9%
Net Profit YoY
-43.1%
25.7%
EPS (diluted)
$0.52
$1.61

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASTE
ASTE
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$400.6M
$899.1M
Q3 25
$350.1M
$878.7M
Q2 25
$330.3M
$865.4M
Q1 25
$329.4M
$814.3M
Q4 24
$359.0M
$862.9M
Q3 24
$291.4M
$798.2M
Net Profit
ASTE
ASTE
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$12.0M
$128.3M
Q3 25
$-4.2M
$127.8M
Q2 25
$16.7M
$131.6M
Q1 25
$14.3M
$95.5M
Q4 24
$21.1M
$123.2M
Q3 24
$-6.2M
$119.1M
Gross Margin
ASTE
ASTE
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
27.3%
43.1%
Q3 25
24.1%
44.5%
Q2 25
26.7%
45.3%
Q1 25
28.1%
45.3%
Q4 24
28.7%
42.5%
Q3 24
22.9%
44.3%
Operating Margin
ASTE
ASTE
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
5.7%
20.4%
Q3 25
0.3%
21.1%
Q2 25
6.5%
21.7%
Q1 25
6.2%
17.4%
Q4 24
9.7%
19.2%
Q3 24
-2.5%
21.0%
Net Margin
ASTE
ASTE
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
3.0%
14.3%
Q3 25
-1.2%
14.5%
Q2 25
5.1%
15.2%
Q1 25
4.3%
11.7%
Q4 24
5.9%
14.3%
Q3 24
-2.1%
14.9%
EPS (diluted)
ASTE
ASTE
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$0.52
$1.71
Q3 25
$-0.18
$1.70
Q2 25
$0.72
$1.74
Q1 25
$0.62
$1.26
Q4 24
$0.92
$1.61
Q3 24
$-0.27
$1.57

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASTE
ASTE
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$74.1M
$586.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$681.7M
$4.0B
Total Assets
$1.4B
$6.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASTE
ASTE
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$74.1M
$580.0M
Q3 25
$71.8M
$593.8M
Q2 25
$91.6M
$568.2M
Q1 25
$95.4M
$594.1M
Q4 24
$93.8M
$620.8M
Q3 24
$58.9M
$633.2M
Total Debt
ASTE
ASTE
IEX
IEX
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Stockholders' Equity
ASTE
ASTE
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$681.7M
$4.0B
Q3 25
$668.9M
$4.0B
Q2 25
$674.9M
$4.0B
Q1 25
$653.2M
$3.9B
Q4 24
$637.8M
$3.8B
Q3 24
$631.4M
$3.8B
Total Assets
ASTE
ASTE
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$1.4B
$6.9B
Q3 25
$1.3B
$7.0B
Q2 25
$1.1B
$6.9B
Q1 25
$1.1B
$6.8B
Q4 24
$1.0B
$6.7B
Q3 24
$1.1B
$7.0B
Debt / Equity
ASTE
ASTE
IEX
IEX
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASTE
ASTE
IEX
IEX
Operating Cash FlowLast quarter
$36.1M
Free Cash FlowOCF − Capex
$7.4M
$86.0M
FCF MarginFCF / Revenue
1.8%
21.6%
Capex IntensityCapex / Revenue
7.2%
4.4%
Cash ConversionOCF / Net Profit
3.01×
TTM Free Cash FlowTrailing 4 quarters
$20.7M
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASTE
ASTE
IEX
IEX
Q2 26
Q1 26
Q4 25
$36.1M
$209.5M
Q3 25
$-8.1M
$203.5M
Q2 25
$12.9M
$161.7M
Q1 25
$20.5M
$105.7M
Q4 24
$36.6M
$172.6M
Q3 24
$22.5M
$205.3M
Free Cash Flow
ASTE
ASTE
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$7.4M
$189.8M
Q3 25
$-12.3M
$188.7M
Q2 25
$9.0M
$146.9M
Q1 25
$16.6M
$91.4M
Q4 24
$32.1M
$157.1M
Q3 24
$19.9M
$191.6M
FCF Margin
ASTE
ASTE
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
1.8%
21.1%
Q3 25
-3.5%
21.5%
Q2 25
2.7%
17.0%
Q1 25
5.0%
11.2%
Q4 24
8.9%
18.2%
Q3 24
6.8%
24.0%
Capex Intensity
ASTE
ASTE
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
7.2%
2.2%
Q3 25
1.2%
1.7%
Q2 25
1.2%
1.7%
Q1 25
1.2%
1.8%
Q4 24
1.3%
1.8%
Q3 24
0.9%
1.7%
Cash Conversion
ASTE
ASTE
IEX
IEX
Q2 26
Q1 26
Q4 25
3.01×
1.63×
Q3 25
1.59×
Q2 25
0.77×
1.23×
Q1 25
1.43×
1.11×
Q4 24
1.73×
1.40×
Q3 24
1.72×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASTE
ASTE

Infrastructure Group$208.7M52%
Material Solutions$105.3M26%
Parts And Component Sales$58.3M15%
Other$15.3M4%
Service And Equipment Installation Revenue$6.9M2%
Cargo And Freight$6.1M2%

IEX
IEX

Segment breakdown not available.

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