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Side-by-side financial comparison of Forestar Group Inc. (FOR) and IDEX Corporation (IEX). Click either name above to swap in a different company.

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $273.0M, roughly 1.5× Forestar Group Inc.). IDEX Corporation runs the higher net margin — 30.1% vs 5.6%, a 24.5% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 9.0%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $-157.1M). Over the past eight quarters, Forestar Group Inc.'s revenue compounded faster (-9.6% CAGR vs -29.4%).

Forestar Group Inc. is a residential lot development company based in Arlington, Texas. The company has operations in 51 markets in 21 states and delivered 11,518 residential lots during the twelve-month period ended December 31, 2020. The company is publicly traded on the New York Stock Exchange and in October 2017 became a majority-owned subsidiary of D.R. Horton, Inc., the largest homebuilder by volume in the United States since 2002. The company primarily acquires entitled real estate and...

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.

FOR vs IEX — Head-to-Head

Bigger by revenue
IEX
IEX
1.5× larger
IEX
$398.4M
$273.0M
FOR
Growing faster (revenue YoY)
IEX
IEX
+7.6% gap
IEX
16.7%
9.0%
FOR
Higher net margin
IEX
IEX
24.5% more per $
IEX
30.1%
5.6%
FOR
More free cash flow
IEX
IEX
$243.1M more FCF
IEX
$86.0M
$-157.1M
FOR
Faster 2-yr revenue CAGR
FOR
FOR
Annualised
FOR
-9.6%
-29.4%
IEX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
FOR
FOR
IEX
IEX
Revenue
$273.0M
$398.4M
Net Profit
$15.4M
$120.0M
Gross Margin
20.1%
99.9%
Operating Margin
7.6%
43.3%
Net Margin
5.6%
30.1%
Revenue YoY
9.0%
16.7%
Net Profit YoY
-6.7%
25.7%
EPS (diluted)
$0.30
$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
FOR
FOR
IEX
IEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$273.0M
$899.1M
Q3 25
$670.5M
$878.7M
Q2 25
$390.5M
$865.4M
Q1 25
$351.0M
$814.3M
Q4 24
$250.4M
$862.9M
Q3 24
$551.3M
$798.2M
Net Profit
FOR
FOR
IEX
IEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$15.4M
$128.3M
Q3 25
$86.9M
$127.8M
Q2 25
$32.9M
$131.6M
Q1 25
$31.6M
$95.5M
Q4 24
$16.5M
$123.2M
Q3 24
$81.5M
$119.1M
Gross Margin
FOR
FOR
IEX
IEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
20.1%
43.1%
Q3 25
22.3%
44.5%
Q2 25
20.4%
45.3%
Q1 25
22.6%
45.3%
Q4 24
22.0%
42.5%
Q3 24
23.9%
44.3%
Operating Margin
FOR
FOR
IEX
IEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
7.6%
20.4%
Q3 25
16.9%
21.1%
Q2 25
11.2%
21.7%
Q1 25
11.6%
17.4%
Q4 24
8.7%
19.2%
Q3 24
19.7%
21.0%
Net Margin
FOR
FOR
IEX
IEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
5.6%
14.3%
Q3 25
13.0%
14.5%
Q2 25
8.4%
15.2%
Q1 25
9.0%
11.7%
Q4 24
6.6%
14.3%
Q3 24
14.8%
14.9%
EPS (diluted)
FOR
FOR
IEX
IEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$0.30
$1.71
Q3 25
$1.70
$1.70
Q2 25
$0.65
$1.74
Q1 25
$0.62
$1.26
Q4 24
$0.32
$1.61
Q3 24
$1.59
$1.57

Balance Sheet & Financial Strength

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

Metric
FOR
FOR
IEX
IEX
Cash + ST InvestmentsLiquidity on hand
$211.7M
$586.2M
Total DebtLower is stronger
$793.2M
Stockholders' EquityBook value
$1.8B
$4.0B
Total Assets
$3.2B
$6.9B
Debt / EquityLower = less leverage
0.44×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FOR
FOR
IEX
IEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$211.7M
$580.0M
Q3 25
$379.2M
$593.8M
Q2 25
$189.2M
$568.2M
Q1 25
$174.3M
$594.1M
Q4 24
$132.0M
$620.8M
Q3 24
$481.2M
$633.2M
Total Debt
FOR
FOR
IEX
IEX
Q2 26
Q1 26
Q4 25
$793.2M
$1.8B
Q3 25
$802.7M
$1.9B
Q2 25
$872.8M
$1.9B
Q1 25
$872.5M
$2.0B
Q4 24
$806.8M
$2.0B
Q3 24
$706.4M
$2.1B
Stockholders' Equity
FOR
FOR
IEX
IEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$1.8B
$4.0B
Q3 25
$1.8B
$4.0B
Q2 25
$1.7B
$4.0B
Q1 25
$1.6B
$3.9B
Q4 24
$1.6B
$3.8B
Q3 24
$1.6B
$3.8B
Total Assets
FOR
FOR
IEX
IEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$3.2B
$6.9B
Q3 25
$3.1B
$7.0B
Q2 25
$3.1B
$6.9B
Q1 25
$3.0B
$6.8B
Q4 24
$3.0B
$6.7B
Q3 24
$2.8B
$7.0B
Debt / Equity
FOR
FOR
IEX
IEX
Q2 26
Q1 26
Q4 25
0.44×
0.45×
Q3 25
0.45×
0.48×
Q2 25
0.52×
0.46×
Q1 25
0.53×
0.50×
Q4 24
0.50×
0.52×
Q3 24
0.44×
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
FOR
FOR
IEX
IEX
Operating Cash FlowLast quarter
$-157.0M
Free Cash FlowOCF − Capex
$-157.1M
$86.0M
FCF MarginFCF / Revenue
-57.5%
21.6%
Capex IntensityCapex / Revenue
0.0%
4.4%
Cash ConversionOCF / Net Profit
-10.19×
TTM Free Cash FlowTrailing 4 quarters
$93.0M
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FOR
FOR
IEX
IEX
Q2 26
Q1 26
Q4 25
$-157.0M
$209.5M
Q3 25
$256.3M
$203.5M
Q2 25
$15.8M
$161.7M
Q1 25
$-19.8M
$105.7M
Q4 24
$-450.0M
$172.6M
Q3 24
$119.2M
$205.3M
Free Cash Flow
FOR
FOR
IEX
IEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$-157.1M
$189.8M
Q3 25
$255.6M
$188.7M
Q2 25
$15.0M
$146.9M
Q1 25
$-20.5M
$91.4M
Q4 24
$157.1M
Q3 24
$118.4M
$191.6M
FCF Margin
FOR
FOR
IEX
IEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
-57.5%
21.1%
Q3 25
38.1%
21.5%
Q2 25
3.8%
17.0%
Q1 25
-5.8%
11.2%
Q4 24
18.2%
Q3 24
21.5%
24.0%
Capex Intensity
FOR
FOR
IEX
IEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
0.0%
2.2%
Q3 25
0.1%
1.7%
Q2 25
0.2%
1.7%
Q1 25
0.2%
1.8%
Q4 24
0.0%
1.8%
Q3 24
0.1%
1.7%
Cash Conversion
FOR
FOR
IEX
IEX
Q2 26
Q1 26
Q4 25
-10.19×
1.63×
Q3 25
2.95×
1.59×
Q2 25
0.48×
1.23×
Q1 25
-0.63×
1.11×
Q4 24
-27.27×
1.40×
Q3 24
1.46×
1.72×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FOR
FOR

D.R.Horton Inc.$183.8M67%
Other$89.2M33%

IEX
IEX

Segment breakdown not available.

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