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

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $295.4M, roughly 1.3× Enpro Inc.). IDEX Corporation runs the higher net margin — 30.1% vs -10.8%, a 41.0% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (16.7% vs 14.3%). Over the past eight quarters, Enpro Inc.'s revenue compounded faster (7.1% CAGR vs -29.4%).

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.

Enpro is a US-based industrial technology company that designs and manufactures products and materials for technology-intensive sectors. The company serves industries such as semiconductors, aerospace, power generation, heavy-duty trucking, agricultural machinery, chemical processing, pulp and paper, and life sciences from 61 primary manufacturing facilities located in 12 countries, worldwide. It is organized under three segments: Sealing Technologies, Advanced Surface Technologies, and Engin...

IEX vs NPO — Head-to-Head

Bigger by revenue
IEX
IEX
1.3× larger
IEX
$398.4M
$295.4M
NPO
Growing faster (revenue YoY)
IEX
IEX
+2.3% gap
IEX
16.7%
14.3%
NPO
Higher net margin
IEX
IEX
41.0% more per $
IEX
30.1%
-10.8%
NPO
Faster 2-yr revenue CAGR
NPO
NPO
Annualised
NPO
7.1%
-29.4%
IEX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
IEX
IEX
NPO
NPO
Revenue
$398.4M
$295.4M
Net Profit
$120.0M
$-32.0M
Gross Margin
99.9%
42.1%
Operating Margin
43.3%
11.2%
Net Margin
30.1%
-10.8%
Revenue YoY
16.7%
14.3%
Net Profit YoY
25.7%
-330.2%
EPS (diluted)
$1.61
$-1.50

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
NPO
NPO
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
$295.4M
Q3 25
$878.7M
$286.6M
Q2 25
$865.4M
$288.1M
Q1 25
$814.3M
$273.2M
Q4 24
$862.9M
$258.4M
Q3 24
$798.2M
$260.9M
Net Profit
IEX
IEX
NPO
NPO
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
$-32.0M
Q3 25
$127.8M
$21.6M
Q2 25
$131.6M
$26.4M
Q1 25
$95.5M
$24.5M
Q4 24
$123.2M
$13.9M
Q3 24
$119.1M
$19.8M
Gross Margin
IEX
IEX
NPO
NPO
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
42.1%
Q3 25
44.5%
41.9%
Q2 25
45.3%
43.3%
Q1 25
45.3%
43.3%
Q4 24
42.5%
42.3%
Q3 24
44.3%
42.3%
Operating Margin
IEX
IEX
NPO
NPO
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
11.2%
Q3 25
21.1%
14.3%
Q2 25
21.7%
15.9%
Q1 25
17.4%
15.3%
Q4 24
19.2%
12.5%
Q3 24
21.0%
13.1%
Net Margin
IEX
IEX
NPO
NPO
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
-10.8%
Q3 25
14.5%
7.5%
Q2 25
15.2%
9.2%
Q1 25
11.7%
9.0%
Q4 24
14.3%
5.4%
Q3 24
14.9%
7.6%
EPS (diluted)
IEX
IEX
NPO
NPO
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
$-1.50
Q3 25
$1.70
$1.01
Q2 25
$1.74
$1.25
Q1 25
$1.26
$1.15
Q4 24
$1.61
$0.65
Q3 24
$1.57
$0.94

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
NPO
NPO
Cash + ST InvestmentsLiquidity on hand
$586.2M
$114.7M
Total DebtLower is stronger
$655.3M
Stockholders' EquityBook value
$4.0B
$1.5B
Total Assets
$6.9B
$2.7B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
NPO
NPO
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
$114.7M
Q3 25
$593.8M
$132.9M
Q2 25
$568.2M
$107.1M
Q1 25
$594.1M
$240.3M
Q4 24
$620.8M
$236.3M
Q3 24
$633.2M
$206.9M
Total Debt
IEX
IEX
NPO
NPO
Q2 26
Q1 26
Q4 25
$1.8B
$655.3M
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
$640.1M
Q3 24
$2.1B
Stockholders' Equity
IEX
IEX
NPO
NPO
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
$1.5B
Q3 25
$4.0B
$1.5B
Q2 25
$4.0B
$1.5B
Q1 25
$3.9B
$1.5B
Q4 24
$3.8B
$1.4B
Q3 24
$3.8B
$1.5B
Total Assets
IEX
IEX
NPO
NPO
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$2.7B
Q3 25
$7.0B
$2.4B
Q2 25
$6.9B
$2.4B
Q1 25
$6.8B
$2.5B
Q4 24
$6.7B
$2.5B
Q3 24
$7.0B
$2.5B
Debt / Equity
IEX
IEX
NPO
NPO
Q2 26
Q1 26
Q4 25
0.45×
0.42×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
0.45×
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
IEX
IEX
NPO
NPO
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
4.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$654.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IEX
IEX
NPO
NPO
Q2 26
Q1 26
Q4 25
$209.5M
Q3 25
$203.5M
$65.3M
Q2 25
$161.7M
$52.2M
Q1 25
$105.7M
$21.0M
Q4 24
$172.6M
$59.4M
Q3 24
$205.3M
$54.0M
Free Cash Flow
IEX
IEX
NPO
NPO
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
Q3 25
$188.7M
$53.4M
Q2 25
$146.9M
$42.3M
Q1 25
$91.4M
$13.0M
Q4 24
$157.1M
$49.1M
Q3 24
$191.6M
$48.3M
FCF Margin
IEX
IEX
NPO
NPO
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
Q3 25
21.5%
18.6%
Q2 25
17.0%
14.7%
Q1 25
11.2%
4.8%
Q4 24
18.2%
19.0%
Q3 24
24.0%
18.5%
Capex Intensity
IEX
IEX
NPO
NPO
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
4.1%
Q3 25
1.7%
4.2%
Q2 25
1.7%
3.4%
Q1 25
1.8%
2.9%
Q4 24
1.8%
4.0%
Q3 24
1.7%
2.2%
Cash Conversion
IEX
IEX
NPO
NPO
Q2 26
Q1 26
Q4 25
1.63×
Q3 25
1.59×
3.02×
Q2 25
1.23×
1.98×
Q1 25
1.11×
0.86×
Q4 24
1.40×
4.27×
Q3 24
1.72×
2.73×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IEX
IEX

Segment breakdown not available.

NPO
NPO

Sealing Technologies Segment$187.0M63%
General Industrial$71.3M24%
Power Generation$19.9M7%
Oiland Gas Market$15.0M5%
Semiconductors$2.2M1%

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