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

StoneX Group Inc. is the larger business by last-quarter revenue ($1.2B vs $398.4M, roughly 3.0× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 11.6%, a 18.5% gap on every dollar of revenue. On growth, StoneX Group Inc. posted the faster year-over-year revenue change (81.0% vs 16.7%). IDEX Corporation produced more free cash flow last quarter ($86.0M vs $-1.3B). Over the past eight quarters, StoneX Group Inc.'s revenue compounded faster (53.5% 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.

StoneX Group Inc. is an American financial services company. The company operates in six areas: commercial hedging, global payments, securities, physical commodities, foreign exchange and clearing and execution services (CES).

IEX vs SNEX — Head-to-Head

Bigger by revenue
SNEX
SNEX
3.0× larger
SNEX
$1.2B
$398.4M
IEX
Growing faster (revenue YoY)
SNEX
SNEX
+64.4% gap
SNEX
81.0%
16.7%
IEX
Higher net margin
IEX
IEX
18.5% more per $
IEX
30.1%
11.6%
SNEX
More free cash flow
IEX
IEX
$1.4B more FCF
IEX
$86.0M
$-1.3B
SNEX
Faster 2-yr revenue CAGR
SNEX
SNEX
Annualised
SNEX
53.5%
-29.4%
IEX

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
IEX
IEX
SNEX
SNEX
Revenue
$398.4M
$1.2B
Net Profit
$120.0M
$139.0M
Gross Margin
99.9%
Operating Margin
43.3%
15.4%
Net Margin
30.1%
11.6%
Revenue YoY
16.7%
81.0%
Net Profit YoY
25.7%
63.3%
EPS (diluted)
$1.61
$2.50

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
SNEX
SNEX
Q2 26
$398.4M
Q1 26
$407.7M
Q4 25
$899.1M
$1.2B
Q3 25
$878.7M
$32.7B
Q2 25
$865.4M
$851.2M
Q1 25
$814.3M
$820.4M
Q4 24
$862.9M
$663.1M
Q3 24
$798.2M
$31.1B
Net Profit
IEX
IEX
SNEX
SNEX
Q2 26
$120.0M
Q1 26
$128.3M
Q4 25
$128.3M
$139.0M
Q3 25
$127.8M
$85.7M
Q2 25
$131.6M
$63.4M
Q1 25
$95.5M
$71.7M
Q4 24
$123.2M
$85.1M
Q3 24
$119.1M
$76.7M
Gross Margin
IEX
IEX
SNEX
SNEX
Q2 26
99.9%
Q1 26
94.9%
Q4 25
43.1%
Q3 25
44.5%
3.7%
Q2 25
45.3%
Q1 25
45.3%
Q4 24
42.5%
Q3 24
44.3%
3.0%
Operating Margin
IEX
IEX
SNEX
SNEX
Q2 26
43.3%
Q1 26
45.0%
Q4 25
20.4%
15.4%
Q3 25
21.1%
0.3%
Q2 25
21.7%
-1.3%
Q1 25
17.4%
-1.0%
Q4 24
19.2%
-3.2%
Q3 24
21.0%
-0.0%
Net Margin
IEX
IEX
SNEX
SNEX
Q2 26
30.1%
Q1 26
31.5%
Q4 25
14.3%
11.6%
Q3 25
14.5%
0.3%
Q2 25
15.2%
7.4%
Q1 25
11.7%
8.7%
Q4 24
14.3%
12.8%
Q3 24
14.9%
0.2%
EPS (diluted)
IEX
IEX
SNEX
SNEX
Q2 26
$1.61
Q1 26
$1.71
Q4 25
$1.71
$2.50
Q3 25
$1.70
$0.72
Q2 25
$1.74
$1.22
Q1 25
$1.26
$1.41
Q4 24
$1.61
$1.69
Q3 24
$1.57
$2.32

Balance Sheet & Financial Strength

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

Metric
IEX
IEX
SNEX
SNEX
Cash + ST InvestmentsLiquidity on hand
$586.2M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$4.0B
$2.5B
Total Assets
$6.9B
$47.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IEX
IEX
SNEX
SNEX
Q2 26
$586.2M
Q1 26
$580.0M
Q4 25
$580.0M
$1.6B
Q3 25
$593.8M
$1.6B
Q2 25
$568.2M
$1.3B
Q1 25
$594.1M
$1.3B
Q4 24
$620.8M
$1.4B
Q3 24
$633.2M
$1.3B
Total Debt
IEX
IEX
SNEX
SNEX
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
SNEX
SNEX
Q2 26
$4.0B
Q1 26
$4.0B
Q4 25
$4.0B
$2.5B
Q3 25
$4.0B
$2.4B
Q2 25
$4.0B
$2.0B
Q1 25
$3.9B
$1.9B
Q4 24
$3.8B
$1.8B
Q3 24
$3.8B
$1.7B
Total Assets
IEX
IEX
SNEX
SNEX
Q2 26
$6.9B
Q1 26
$6.9B
Q4 25
$6.9B
$47.8B
Q3 25
$7.0B
$45.3B
Q2 25
$6.9B
$34.3B
Q1 25
$6.8B
$31.3B
Q4 24
$6.7B
$29.6B
Q3 24
$7.0B
$27.5B
Debt / Equity
IEX
IEX
SNEX
SNEX
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
SNEX
SNEX
Operating Cash FlowLast quarter
$-1.3B
Free Cash FlowOCF − Capex
$86.0M
$-1.3B
FCF MarginFCF / Revenue
21.6%
-106.4%
Capex IntensityCapex / Revenue
4.4%
1.3%
Cash ConversionOCF / Net Profit
-9.08×
TTM Free Cash FlowTrailing 4 quarters
$654.3M
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IEX
IEX
SNEX
SNEX
Q2 26
Q1 26
Q4 25
$209.5M
$-1.3B
Q3 25
$203.5M
$3.5B
Q2 25
$161.7M
$1.5B
Q1 25
$105.7M
$-154.5M
Q4 24
$172.6M
$-477.8M
Q3 24
$205.3M
$192.6M
Free Cash Flow
IEX
IEX
SNEX
SNEX
Q2 26
$86.0M
Q1 26
$189.8M
Q4 25
$189.8M
$-1.3B
Q3 25
$188.7M
$3.5B
Q2 25
$146.9M
$1.5B
Q1 25
$91.4M
$-169.8M
Q4 24
$157.1M
$-491.4M
Q3 24
$191.6M
$175.9M
FCF Margin
IEX
IEX
SNEX
SNEX
Q2 26
21.6%
Q1 26
46.6%
Q4 25
21.1%
-106.4%
Q3 25
21.5%
10.7%
Q2 25
17.0%
173.3%
Q1 25
11.2%
-20.7%
Q4 24
18.2%
-74.1%
Q3 24
24.0%
0.6%
Capex Intensity
IEX
IEX
SNEX
SNEX
Q2 26
4.4%
Q1 26
15.6%
Q4 25
2.2%
1.3%
Q3 25
1.7%
0.1%
Q2 25
1.7%
1.9%
Q1 25
1.8%
1.9%
Q4 24
1.8%
2.1%
Q3 24
1.7%
0.1%
Cash Conversion
IEX
IEX
SNEX
SNEX
Q2 26
Q1 26
Q4 25
1.63×
-9.08×
Q3 25
1.59×
41.18×
Q2 25
1.23×
23.52×
Q1 25
1.11×
-2.15×
Q4 24
1.40×
-5.61×
Q3 24
1.72×
2.51×

Financial Flow Comparison

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

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