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

IDEX Corporation is the larger business by last-quarter revenue ($899.1M vs $458.8M, roughly 2.0× Mechanics Bancorp). IDEX Corporation produced more free cash flow last quarter ($189.8M vs $187.1M). Over the past eight quarters, Mechanics Bancorp's revenue compounded faster (232.1% CAGR vs 5.5%).

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.

Mechanics Bancorp is a U.S.-headquartered bank holding company operating Mechanics Bank as its core subsidiary. It offers retail banking, commercial banking, and wealth management services including deposits, loans, and investment advisory, primarily serving consumers and small-to-medium enterprises across California.

IEX vs MCHB — Head-to-Head

Bigger by revenue
IEX
IEX
2.0× larger
IEX
$899.1M
$458.8M
MCHB
More free cash flow
IEX
IEX
$2.7M more FCF
IEX
$189.8M
$187.1M
MCHB
Faster 2-yr revenue CAGR
MCHB
MCHB
Annualised
MCHB
232.1%
5.5%
IEX

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
IEX
IEX
MCHB
MCHB
Revenue
$899.1M
$458.8M
Net Profit
$128.3M
Gross Margin
43.1%
Operating Margin
20.4%
Net Margin
14.3%
Revenue YoY
376.5%
Net Profit YoY
688.5%
EPS (diluted)
$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
IEX
IEX
MCHB
MCHB
Q1 26
$899.1M
Q4 25
$899.1M
$458.8M
Q3 25
$878.7M
$255.4M
Q2 25
$865.4M
$49.0M
Q1 25
$814.3M
$45.4M
Q4 24
$862.9M
$29.6M
Q3 24
$798.2M
$147.9M
Q2 24
$807.2M
$42.9M
Net Profit
IEX
IEX
MCHB
MCHB
Q1 26
$128.3M
Q4 25
$128.3M
Q3 25
$127.8M
$55.2M
Q2 25
$131.6M
$-4.4M
Q1 25
$95.5M
$-4.5M
Q4 24
$123.2M
$-123.3M
Q3 24
$119.1M
$39.9M
Q2 24
$141.3M
$-6.2M
Gross Margin
IEX
IEX
MCHB
MCHB
Q1 26
43.1%
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%
Operating Margin
IEX
IEX
MCHB
MCHB
Q1 26
20.4%
Q4 25
20.4%
Q3 25
21.1%
17.7%
Q2 25
21.7%
-9.8%
Q1 25
17.4%
-10.5%
Q4 24
19.2%
-312.2%
Q3 24
21.0%
37.5%
Q2 24
22.6%
-18.6%
Net Margin
IEX
IEX
MCHB
MCHB
Q1 26
14.3%
Q4 25
14.3%
Q3 25
14.5%
21.6%
Q2 25
15.2%
-9.0%
Q1 25
11.7%
-9.8%
Q4 24
14.3%
-416.4%
Q3 24
14.9%
27.0%
Q2 24
17.5%
-14.5%
EPS (diluted)
IEX
IEX
MCHB
MCHB
Q1 26
$1.71
Q4 25
$1.71
Q3 25
$1.70
$0.26
Q2 25
$1.74
$-0.23
Q1 25
$1.26
$-0.24
Q4 24
$1.61
$-6.53
Q3 24
$1.57
$0.20
Q2 24
$1.86
$-0.33

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
MCHB
MCHB
Cash + ST InvestmentsLiquidity on hand
$580.0M
$1.0B
Total DebtLower is stronger
$192.0M
Stockholders' EquityBook value
$4.0B
$2.9B
Total Assets
$6.9B
$22.4B
Debt / EquityLower = less leverage
0.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
MCHB
MCHB
Q1 26
$580.0M
Q4 25
$580.0M
$1.0B
Q3 25
$593.8M
$1.4B
Q2 25
$568.2M
$201.1M
Q1 25
$594.1M
$252.2M
Q4 24
$620.8M
$999.7M
Q3 24
$633.2M
$205.9M
Q2 24
$700.7M
$218.7M
Total Debt
IEX
IEX
MCHB
MCHB
Q1 26
Q4 25
$1.8B
$192.0M
Q3 25
$1.9B
$190.1M
Q2 25
$1.9B
$225.3M
Q1 25
$2.0B
$225.2M
Q4 24
$2.0B
$0
Q3 24
$2.1B
$0
Q2 24
$1.3B
$224.9M
Stockholders' Equity
IEX
IEX
MCHB
MCHB
Q1 26
$4.0B
Q4 25
$4.0B
$2.9B
Q3 25
$4.0B
$2.8B
Q2 25
$4.0B
$2.4B
Q1 25
$3.9B
$400.8M
Q4 24
$3.8B
$2.3B
Q3 24
$3.8B
$2.3B
Q2 24
$3.7B
$2.2B
Total Assets
IEX
IEX
MCHB
MCHB
Q1 26
$6.9B
Q4 25
$6.9B
$22.4B
Q3 25
$7.0B
$22.7B
Q2 25
$6.9B
$7.6B
Q1 25
$6.8B
$7.8B
Q4 24
$6.7B
$16.5B
Q3 24
$7.0B
$9.2B
Q2 24
$5.9B
$9.3B
Debt / Equity
IEX
IEX
MCHB
MCHB
Q1 26
Q4 25
0.45×
0.07×
Q3 25
0.48×
0.07×
Q2 25
0.46×
0.09×
Q1 25
0.50×
0.56×
Q4 24
0.52×
0.00×
Q3 24
0.55×
0.00×
Q2 24
0.36×
0.10×

Cash Flow & Capital Efficiency

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

Metric
IEX
IEX
MCHB
MCHB
Operating Cash FlowLast quarter
$193.6M
Free Cash FlowOCF − Capex
$189.8M
$187.1M
FCF MarginFCF / Revenue
21.1%
40.8%
Capex IntensityCapex / Revenue
7.1%
1.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$715.2M
$263.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IEX
IEX
MCHB
MCHB
Q1 26
Q4 25
$209.5M
$193.6M
Q3 25
$203.5M
$112.0M
Q2 25
$161.7M
$-9.8M
Q1 25
$105.7M
$-22.5M
Q4 24
$172.6M
$292.3M
Q3 24
$205.3M
$247.0M
Q2 24
$133.6M
$-21.8M
Free Cash Flow
IEX
IEX
MCHB
MCHB
Q1 26
$189.8M
Q4 25
$189.8M
$187.1M
Q3 25
$188.7M
$109.1M
Q2 25
$146.9M
$-9.9M
Q1 25
$91.4M
$-22.6M
Q4 24
$157.1M
$285.9M
Q3 24
$191.6M
$244.5M
Q2 24
$117.7M
$-22.0M
FCF Margin
IEX
IEX
MCHB
MCHB
Q1 26
21.1%
Q4 25
21.1%
40.8%
Q3 25
21.5%
42.7%
Q2 25
17.0%
-20.2%
Q1 25
11.2%
-49.7%
Q4 24
18.2%
965.3%
Q3 24
24.0%
165.4%
Q2 24
14.6%
-51.3%
Capex Intensity
IEX
IEX
MCHB
MCHB
Q1 26
7.1%
Q4 25
2.2%
1.4%
Q3 25
1.7%
1.1%
Q2 25
1.7%
0.2%
Q1 25
1.8%
0.1%
Q4 24
1.8%
21.5%
Q3 24
1.7%
1.7%
Q2 24
2.0%
0.7%
Cash Conversion
IEX
IEX
MCHB
MCHB
Q1 26
Q4 25
1.63×
Q3 25
1.59×
2.03×
Q2 25
1.23×
Q1 25
1.11×
Q4 24
1.40×
Q3 24
1.72×
6.18×
Q2 24
0.95×

Financial Flow Comparison

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

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