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

IDEX Corporation is the larger business by last-quarter revenue ($398.4M vs $397.0M, roughly 1.0× Root, Inc.). On growth, Root, Inc. posted the faster year-over-year revenue change (21.5% vs 16.7%). Over the past eight quarters, Root, Inc.'s revenue compounded faster (24.8% 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.

Root Insurance Company is an online car insurance company operating in the United States.

IEX vs ROOT — Head-to-Head

Bigger by revenue
IEX
IEX
1.0× larger
IEX
$398.4M
$397.0M
ROOT
Growing faster (revenue YoY)
ROOT
ROOT
+4.9% gap
ROOT
21.5%
16.7%
IEX
Faster 2-yr revenue CAGR
ROOT
ROOT
Annualised
ROOT
24.8%
-29.4%
IEX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
IEX
IEX
ROOT
ROOT
Revenue
$398.4M
$397.0M
Net Profit
$120.0M
Gross Margin
99.9%
Operating Margin
43.3%
2.6%
Net Margin
30.1%
Revenue YoY
16.7%
21.5%
Net Profit YoY
25.7%
EPS (diluted)
$1.61
$0.35

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
ROOT
ROOT
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
$397.0M
Q3 25
$878.7M
$387.8M
Q2 25
$865.4M
$382.9M
Q1 25
$814.3M
$349.4M
Q4 24
$862.9M
$326.7M
Q3 24
$798.2M
$305.7M
Net Profit
IEX
IEX
ROOT
ROOT
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
Q3 25
$127.8M
$-5.4M
Q2 25
$131.6M
$22.0M
Q1 25
$95.5M
$18.4M
Q4 24
$123.2M
Q3 24
$119.1M
$22.8M
Gross Margin
IEX
IEX
ROOT
ROOT
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
Operating Margin
IEX
IEX
ROOT
ROOT
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
2.6%
Q3 25
21.1%
0.1%
Q2 25
21.7%
7.1%
Q1 25
17.4%
6.8%
Q4 24
19.2%
10.7%
Q3 24
21.0%
11.3%
Net Margin
IEX
IEX
ROOT
ROOT
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
Q3 25
14.5%
-1.4%
Q2 25
15.2%
5.7%
Q1 25
11.7%
5.3%
Q4 24
14.3%
Q3 24
14.9%
7.5%
EPS (diluted)
IEX
IEX
ROOT
ROOT
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
$0.35
Q3 25
$1.70
$-0.35
Q2 25
$1.74
$1.29
Q1 25
$1.26
$1.07
Q4 24
$1.61
$1.42
Q3 24
$1.57
$1.35

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
ROOT
ROOT
Cash + ST InvestmentsLiquidity on hand
$586.2M
$669.3M
Total DebtLower is stronger
$200.3M
Stockholders' EquityBook value
$4.0B
$284.3M
Total Assets
$6.9B
$1.7B
Debt / EquityLower = less leverage
0.70×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
ROOT
ROOT
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
$669.3M
Q3 25
$593.8M
$653.3M
Q2 25
$568.2M
$641.4M
Q1 25
$594.1M
$609.4M
Q4 24
$620.8M
$599.3M
Q3 24
$633.2M
$674.8M
Total Debt
IEX
IEX
ROOT
ROOT
Q2 26
Q1 26
Q4 25
$1.8B
$200.3M
Q3 25
$1.9B
$200.4M
Q2 25
$1.9B
$200.1M
Q1 25
$2.0B
$200.0M
Q4 24
$2.0B
$200.1M
Q3 24
$2.1B
$300.9M
Stockholders' Equity
IEX
IEX
ROOT
ROOT
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
$284.3M
Q3 25
$4.0B
$265.0M
Q2 25
$4.0B
$244.5M
Q1 25
$3.9B
$228.7M
Q4 24
$3.8B
$203.7M
Q3 24
$3.8B
$181.9M
Total Assets
IEX
IEX
ROOT
ROOT
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$1.7B
Q3 25
$7.0B
$1.6B
Q2 25
$6.9B
$1.6B
Q1 25
$6.8B
$1.6B
Q4 24
$6.7B
$1.5B
Q3 24
$7.0B
$1.6B
Debt / Equity
IEX
IEX
ROOT
ROOT
Q2 26
Q1 26
Q4 25
0.45×
0.70×
Q3 25
0.48×
0.76×
Q2 25
0.46×
0.82×
Q1 25
0.50×
0.87×
Q4 24
0.52×
0.98×
Q3 24
0.55×
1.65×

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
ROOT
ROOT
Operating Cash FlowLast quarter
$206.5M
Free Cash FlowOCF − Capex
$86.0M
FCF MarginFCF / Revenue
21.6%
Capex IntensityCapex / Revenue
4.4%
0.0%
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
ROOT
ROOT
Q2 26
Q1 26
Q4 25
$209.5M
$206.5M
Q3 25
$203.5M
$57.6M
Q2 25
$161.7M
$52.0M
Q1 25
$105.7M
$26.8M
Q4 24
$172.6M
$195.7M
Q3 24
$205.3M
$49.4M
Free Cash Flow
IEX
IEX
ROOT
ROOT
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
Q3 25
$188.7M
Q2 25
$146.9M
Q1 25
$91.4M
Q4 24
$157.1M
$195.3M
Q3 24
$191.6M
FCF Margin
IEX
IEX
ROOT
ROOT
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
Q3 25
21.5%
Q2 25
17.0%
Q1 25
11.2%
Q4 24
18.2%
59.8%
Q3 24
24.0%
Capex Intensity
IEX
IEX
ROOT
ROOT
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
0.0%
Q3 25
1.7%
0.0%
Q2 25
1.7%
0.0%
Q1 25
1.8%
0.0%
Q4 24
1.8%
0.1%
Q3 24
1.7%
0.0%
Cash Conversion
IEX
IEX
ROOT
ROOT
Q2 26
Q1 26
Q4 25
1.63×
Q3 25
1.59×
Q2 25
1.23×
2.36×
Q1 25
1.11×
1.46×
Q4 24
1.40×
Q3 24
1.72×
2.17×

Financial Flow Comparison

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

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