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Side-by-side financial comparison of IDEX Corporation (IEX) and STEVEN MADDEN, LTD. (SHOO). Click either name above to swap in a different company.

STEVEN MADDEN, LTD. is the larger business by last-quarter revenue ($749.8M vs $398.4M, roughly 1.9× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 3.3%, a 26.8% gap on every dollar of revenue. On growth, STEVEN MADDEN, LTD. posted the faster year-over-year revenue change (29.5% vs 8.9%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $80.8M). Over the past eight quarters, STEVEN MADDEN, LTD.'s revenue compounded faster (16.7% 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.

Steven Madden, Ltd. is a publicly traded company that designs and markets shoes and fashion accessories. Based in Long Island City, New York, the company's brands include Dolce Vita, Betsey Johnson, Blondo, BB Dakota and Mad Love. Steve Madden is also a licensee of various brands, including Anne Klein and Superga.

IEX vs SHOO — Head-to-Head

Bigger by revenue
SHOO
SHOO
1.9× larger
SHOO
$749.8M
$398.4M
IEX
Growing faster (revenue YoY)
SHOO
SHOO
+20.6% gap
SHOO
29.5%
8.9%
IEX
Higher net margin
IEX
IEX
26.8% more per $
IEX
30.1%
3.3%
SHOO
More free cash flow
IEX
IEX
$5.2M more FCF
IEX
$86.0M
$80.8M
SHOO
Faster 2-yr revenue CAGR
SHOO
SHOO
Annualised
SHOO
16.7%
-29.4%
IEX

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
IEX
IEX
SHOO
SHOO
Revenue
$398.4M
$749.8M
Net Profit
$120.0M
$24.7M
Gross Margin
99.9%
42.6%
Operating Margin
43.3%
4.8%
Net Margin
30.1%
3.3%
Revenue YoY
8.9%
29.5%
Net Profit YoY
25.7%
-34.8%
EPS (diluted)
$1.61
$0.33

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
SHOO
SHOO
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
$749.8M
Q3 25
$878.7M
$664.2M
Q2 25
$865.4M
$556.1M
Q1 25
$814.3M
$551.4M
Q4 24
$862.9M
$578.8M
Q3 24
$798.2M
$621.2M
Net Profit
IEX
IEX
SHOO
SHOO
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
$24.7M
Q3 25
$127.8M
$20.5M
Q2 25
$131.6M
$-38.7M
Q1 25
$95.5M
$41.3M
Q4 24
$123.2M
$37.8M
Q3 24
$119.1M
$55.3M
Gross Margin
IEX
IEX
SHOO
SHOO
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
42.6%
Q3 25
44.5%
41.8%
Q2 25
45.3%
40.6%
Q1 25
45.3%
41.0%
Q4 24
42.5%
40.7%
Q3 24
44.3%
41.8%
Operating Margin
IEX
IEX
SHOO
SHOO
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
4.8%
Q3 25
21.1%
4.7%
Q2 25
21.7%
-7.2%
Q1 25
17.4%
9.7%
Q4 24
19.2%
8.1%
Q3 24
21.0%
12.0%
Net Margin
IEX
IEX
SHOO
SHOO
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
3.3%
Q3 25
14.5%
3.1%
Q2 25
15.2%
-7.0%
Q1 25
11.7%
7.5%
Q4 24
14.3%
6.5%
Q3 24
14.9%
8.9%
EPS (diluted)
IEX
IEX
SHOO
SHOO
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
$0.33
Q3 25
$1.70
$0.29
Q2 25
$1.74
$-0.56
Q1 25
$1.26
$0.57
Q4 24
$1.61
$0.49
Q3 24
$1.57
$0.77

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
SHOO
SHOO
Cash + ST InvestmentsLiquidity on hand
$586.2M
$112.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$4.0B
$866.4M
Total Assets
$6.9B
$1.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
SHOO
SHOO
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
$112.4M
Q3 25
$593.8M
$140.0K
Q2 25
$568.2M
$111.9M
Q1 25
$594.1M
$147.2M
Q4 24
$620.8M
$203.4M
Q3 24
$633.2M
$11.1M
Total Debt
IEX
IEX
SHOO
SHOO
Q2 26
Q1 26
Q4 25
$1.8B
Q3 25
$1.9B
Q2 25
$1.9B
Q1 25
$2.0B
Q4 24
$2.0B
Q3 24
$2.1B
Stockholders' Equity
IEX
IEX
SHOO
SHOO
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
$866.4M
Q3 25
$4.0B
$850.8M
Q2 25
$4.0B
$833.2M
Q1 25
$3.9B
$875.3M
Q4 24
$3.8B
$847.7M
Q3 24
$3.8B
$833.9M
Total Assets
IEX
IEX
SHOO
SHOO
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$1.9B
Q3 25
$7.0B
$2.0B
Q2 25
$6.9B
$1.9B
Q1 25
$6.8B
$1.4B
Q4 24
$6.7B
$1.4B
Q3 24
$7.0B
$1.5B
Debt / Equity
IEX
IEX
SHOO
SHOO
Q2 26
Q1 26
Q4 25
0.45×
Q3 25
0.48×
Q2 25
0.46×
Q1 25
0.50×
Q4 24
0.52×
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
SHOO
SHOO
Operating Cash FlowLast quarter
$91.1M
Free Cash FlowOCF − Capex
$86.0M
$80.8M
FCF MarginFCF / Revenue
21.6%
10.8%
Capex IntensityCapex / Revenue
4.4%
1.4%
Cash ConversionOCF / Net Profit
3.70×
TTM Free Cash FlowTrailing 4 quarters
$654.3M
$119.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IEX
IEX
SHOO
SHOO
Q2 26
Q1 26
Q4 25
$209.5M
$91.1M
Q3 25
$203.5M
$23.4M
Q2 25
$161.7M
$66.5M
Q1 25
$105.7M
$-18.8M
Q4 24
$172.6M
$103.9M
Q3 24
$205.3M
$444.0K
Free Cash Flow
IEX
IEX
SHOO
SHOO
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
$80.8M
Q3 25
$188.7M
$8.6M
Q2 25
$146.9M
$58.8M
Q1 25
$91.4M
$-28.7M
Q4 24
$157.1M
$94.6M
Q3 24
$191.6M
$-6.9M
FCF Margin
IEX
IEX
SHOO
SHOO
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
10.8%
Q3 25
21.5%
1.3%
Q2 25
17.0%
10.6%
Q1 25
11.2%
-5.2%
Q4 24
18.2%
16.3%
Q3 24
24.0%
-1.1%
Capex Intensity
IEX
IEX
SHOO
SHOO
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
1.4%
Q3 25
1.7%
2.2%
Q2 25
1.7%
1.4%
Q1 25
1.8%
1.8%
Q4 24
1.8%
1.6%
Q3 24
1.7%
1.2%
Cash Conversion
IEX
IEX
SHOO
SHOO
Q2 26
Q1 26
Q4 25
1.63×
3.70×
Q3 25
1.59×
1.14×
Q2 25
1.23×
Q1 25
1.11×
-0.46×
Q4 24
1.40×
2.75×
Q3 24
1.72×
0.01×

Financial Flow Comparison

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

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