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Side-by-side financial comparison of AVISTA CORP (AVA) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($899.1M vs $533.0M, roughly 1.7× AVISTA CORP). IDEX Corporation runs the higher net margin — 14.3% vs 13.3%, a 0.9% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (4.2% vs 0.0%). IDEX Corporation produced more free cash flow last quarter ($189.8M vs $-116.0M). Over the past eight quarters, IDEX Corporation's revenue compounded faster (6.0% CAGR vs -6.5%).

Avista Corporation is an American energy company which generates and transmits electricity and distributes natural gas to residential, commercial, and industrial customers. Approximately 1,550 employees provide electricity, natural gas, and other energy services to 359,000 electric and 320,000 natural gas customers in three western states. The service territory covers 30,000 square miles (78,000 km2) in eastern Washington, northern Idaho, and parts of southern and eastern Oregon, with a popul...

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.

AVA vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.7× larger
IEX
$899.1M
$533.0M
AVA
Growing faster (revenue YoY)
IEX
IEX
+4.2% gap
IEX
4.2%
0.0%
AVA
Higher net margin
IEX
IEX
0.9% more per $
IEX
14.3%
13.3%
AVA
More free cash flow
IEX
IEX
$305.8M more FCF
IEX
$189.8M
$-116.0M
AVA
Faster 2-yr revenue CAGR
IEX
IEX
Annualised
IEX
6.0%
-6.5%
AVA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
AVA
AVA
IEX
IEX
Revenue
$533.0M
$899.1M
Net Profit
$71.0M
$128.3M
Gross Margin
43.1%
Operating Margin
21.0%
20.4%
Net Margin
13.3%
14.3%
Revenue YoY
0.0%
4.2%
Net Profit YoY
5.7%
4.1%
EPS (diluted)
$0.87
$1.71

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
AVA
AVA
IEX
IEX
Q4 25
$533.0M
$899.1M
Q3 25
$403.0M
$878.7M
Q2 25
$411.0M
$865.4M
Q1 25
$617.0M
$814.3M
Q4 24
$532.8M
$862.9M
Q3 24
$393.7M
$798.2M
Q2 24
$402.1M
$807.2M
Q1 24
$609.4M
$800.5M
Net Profit
AVA
AVA
IEX
IEX
Q4 25
$71.0M
$128.3M
Q3 25
$29.0M
$127.8M
Q2 25
$14.0M
$131.6M
Q1 25
$79.0M
$95.5M
Q4 24
$67.2M
$123.2M
Q3 24
$18.5M
$119.1M
Q2 24
$22.9M
$141.3M
Q1 24
$71.5M
$121.4M
Gross Margin
AVA
AVA
IEX
IEX
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Q2 24
45.4%
Q1 24
44.6%
Operating Margin
AVA
AVA
IEX
IEX
Q4 25
21.0%
20.4%
Q3 25
14.9%
21.1%
Q2 25
13.9%
21.7%
Q1 25
20.3%
17.4%
Q4 24
19.1%
19.2%
Q3 24
12.4%
21.0%
Q2 24
13.5%
22.6%
Q1 24
16.6%
20.1%
Net Margin
AVA
AVA
IEX
IEX
Q4 25
13.3%
14.3%
Q3 25
7.2%
14.5%
Q2 25
3.4%
15.2%
Q1 25
12.8%
11.7%
Q4 24
12.6%
14.3%
Q3 24
4.7%
14.9%
Q2 24
5.7%
17.5%
Q1 24
11.7%
15.2%
EPS (diluted)
AVA
AVA
IEX
IEX
Q4 25
$0.87
$1.71
Q3 25
$0.36
$1.70
Q2 25
$0.17
$1.74
Q1 25
$0.98
$1.26
Q4 24
$0.86
$1.61
Q3 24
$0.23
$1.57
Q2 24
$0.29
$1.86
Q1 24
$0.91
$1.60

Balance Sheet & Financial Strength

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

Metric
AVA
AVA
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$19.0M
$580.0M
Total DebtLower is stronger
$1.8B
Stockholders' EquityBook value
$2.7B
$4.0B
Total Assets
$8.4B
$6.9B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AVA
AVA
IEX
IEX
Q4 25
$19.0M
$580.0M
Q3 25
$44.0M
$593.8M
Q2 25
$9.0M
$568.2M
Q1 25
$17.0M
$594.1M
Q4 24
$30.0M
$620.8M
Q3 24
$9.1M
$633.2M
Q2 24
$14.6M
$700.7M
Q1 24
$12.3M
$616.3M
Total Debt
AVA
AVA
IEX
IEX
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Q2 24
$1.3B
Q1 24
$1.3B
Stockholders' Equity
AVA
AVA
IEX
IEX
Q4 25
$2.7B
$4.0B
Q3 25
$2.6B
$4.0B
Q2 25
$2.6B
$4.0B
Q1 25
$2.6B
$3.9B
Q4 24
$2.6B
$3.8B
Q3 24
$2.5B
$3.8B
Q2 24
$2.5B
$3.7B
Q1 24
$2.5B
$3.6B
Total Assets
AVA
AVA
IEX
IEX
Q4 25
$8.4B
$6.9B
Q3 25
$8.2B
$7.0B
Q2 25
$8.1B
$6.9B
Q1 25
$8.0B
$6.8B
Q4 24
$7.9B
$6.7B
Q3 24
$7.8B
$7.0B
Q2 24
$7.7B
$5.9B
Q1 24
$7.6B
$5.9B
Debt / Equity
AVA
AVA
IEX
IEX
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
Q3 24
0.55×
Q2 24
0.36×
Q1 24
0.37×

Cash Flow & Capital Efficiency

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

Metric
AVA
AVA
IEX
IEX
Operating Cash FlowLast quarter
$75.0M
$209.5M
Free Cash FlowOCF − Capex
$-116.0M
$189.8M
FCF MarginFCF / Revenue
-21.8%
21.1%
Capex IntensityCapex / Revenue
35.8%
2.2%
Cash ConversionOCF / Net Profit
1.06×
1.63×
TTM Free Cash FlowTrailing 4 quarters
$-101.0M
$616.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AVA
AVA
IEX
IEX
Q4 25
$75.0M
$209.5M
Q3 25
$170.0M
$203.5M
Q2 25
$40.0M
$161.7M
Q1 25
$184.0M
$105.7M
Q4 24
$89.8M
$172.6M
Q3 24
$127.2M
$205.3M
Q2 24
$126.8M
$133.6M
Q1 24
$190.1M
$156.6M
Free Cash Flow
AVA
AVA
IEX
IEX
Q4 25
$-116.0M
$189.8M
Q3 25
$37.0M
$188.7M
Q2 25
$-103.0M
$146.9M
Q1 25
$81.0M
$91.4M
Q4 24
$-37.8M
$157.1M
Q3 24
$-27.0M
$191.6M
Q2 24
$-5.7M
$117.7M
Q1 24
$71.4M
$136.6M
FCF Margin
AVA
AVA
IEX
IEX
Q4 25
-21.8%
21.1%
Q3 25
9.2%
21.5%
Q2 25
-25.1%
17.0%
Q1 25
13.1%
11.2%
Q4 24
-7.1%
18.2%
Q3 24
-6.9%
24.0%
Q2 24
-1.4%
14.6%
Q1 24
11.7%
17.1%
Capex Intensity
AVA
AVA
IEX
IEX
Q4 25
35.8%
2.2%
Q3 25
33.0%
1.7%
Q2 25
34.8%
1.7%
Q1 25
16.7%
1.8%
Q4 24
23.9%
1.8%
Q3 24
39.2%
1.7%
Q2 24
33.0%
2.0%
Q1 24
19.5%
2.5%
Cash Conversion
AVA
AVA
IEX
IEX
Q4 25
1.06×
1.63×
Q3 25
5.86×
1.59×
Q2 25
2.86×
1.23×
Q1 25
2.33×
1.11×
Q4 24
1.34×
1.40×
Q3 24
6.88×
1.72×
Q2 24
5.55×
0.95×
Q1 24
2.66×
1.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AVA
AVA

Segment breakdown not available.

IEX
IEX

Fluid And Metering Technologies$305.0M34%
Fireand Safety$125.0M14%
Pumps$105.7M12%
Water1$92.1M10%
Performance Pneumatic Technologies$70.2M8%
Sealing Solutions$64.0M7%
Energy$47.9M5%
Material Processing Technologies$37.2M4%
Dispensing$33.5M4%
Valves$22.7M3%

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