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Side-by-side financial comparison of IDEX Corporation (IEX) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.
ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $398.4M, roughly 2.2× IDEX Corporation). IDEX Corporation runs the higher net margin — 30.1% vs 29.5%, a 0.6% gap on every dollar of revenue. On growth, IDEX Corporation posted the faster year-over-year revenue change (8.9% vs 8.7%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $86.0M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.
Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.
IEX vs ZION — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $398.4M | $891.0M |
| Net Profit | $120.0M | $263.0M |
| Gross Margin | 99.9% | — |
| Operating Margin | 43.3% | — |
| Net Margin | 30.1% | 29.5% |
| Revenue YoY | 8.9% | 8.7% |
| Net Profit YoY | 25.7% | 21.8% |
| EPS (diluted) | $1.61 | $1.77 |
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.
| Q2 26 | $398.4M | — | ||
| Q1 26 | $407.7M | — | ||
| Q4 25 | $899.1M | $891.0M | ||
| Q3 25 | $878.7M | $861.0M | ||
| Q2 25 | $865.4M | $838.0M | ||
| Q1 25 | $814.3M | $795.0M | ||
| Q4 24 | $862.9M | $820.0M | ||
| Q3 24 | $798.2M | $792.0M |
| Q2 26 | $120.0M | — | ||
| Q1 26 | $128.3M | — | ||
| Q4 25 | $128.3M | $263.0M | ||
| Q3 25 | $127.8M | $222.0M | ||
| Q2 25 | $131.6M | $244.0M | ||
| Q1 25 | $95.5M | $170.0M | ||
| Q4 24 | $123.2M | $216.0M | ||
| Q3 24 | $119.1M | $214.0M |
| 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% | — |
| Q2 26 | 43.3% | — | ||
| Q1 26 | 45.0% | — | ||
| Q4 25 | 20.4% | — | ||
| Q3 25 | 21.1% | — | ||
| Q2 25 | 21.7% | — | ||
| Q1 25 | 17.4% | — | ||
| Q4 24 | 19.2% | — | ||
| Q3 24 | 21.0% | — |
| Q2 26 | 30.1% | — | ||
| Q1 26 | 31.5% | — | ||
| Q4 25 | 14.3% | 29.5% | ||
| Q3 25 | 14.5% | 25.8% | ||
| Q2 25 | 15.2% | 29.1% | ||
| Q1 25 | 11.7% | 21.4% | ||
| Q4 24 | 14.3% | 26.3% | ||
| Q3 24 | 14.9% | 27.0% |
| Q2 26 | $1.61 | — | ||
| Q1 26 | $1.71 | — | ||
| Q4 25 | $1.71 | $1.77 | ||
| Q3 25 | $1.70 | $1.48 | ||
| Q2 25 | $1.74 | $1.63 | ||
| Q1 25 | $1.26 | $1.13 | ||
| Q4 24 | $1.61 | $1.34 | ||
| Q3 24 | $1.57 | $1.37 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $586.2M | — |
| Total DebtLower is stronger | — | $1.5B |
| Stockholders' EquityBook value | $4.0B | $7.2B |
| Total Assets | $6.9B | $89.0B |
| Debt / EquityLower = less leverage | — | 0.21× |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | $586.2M | — | ||
| Q1 26 | $580.0M | — | ||
| Q4 25 | $580.0M | — | ||
| Q3 25 | $593.8M | — | ||
| Q2 25 | $568.2M | — | ||
| Q1 25 | $594.1M | — | ||
| Q4 24 | $620.8M | — | ||
| Q3 24 | $633.2M | — |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $1.8B | $1.5B | ||
| Q3 25 | $1.9B | $1.5B | ||
| Q2 25 | $1.9B | $970.0M | ||
| Q1 25 | $2.0B | $964.0M | ||
| Q4 24 | $2.0B | $950.0M | ||
| Q3 24 | $2.1B | $548.0M |
| Q2 26 | $4.0B | — | ||
| Q1 26 | $4.0B | — | ||
| Q4 25 | $4.0B | $7.2B | ||
| Q3 25 | $4.0B | $6.9B | ||
| Q2 25 | $4.0B | $6.6B | ||
| Q1 25 | $3.9B | $6.3B | ||
| Q4 24 | $3.8B | $6.1B | ||
| Q3 24 | $3.8B | $6.4B |
| Q2 26 | $6.9B | — | ||
| Q1 26 | $6.9B | — | ||
| Q4 25 | $6.9B | $89.0B | ||
| Q3 25 | $7.0B | $88.5B | ||
| Q2 25 | $6.9B | $88.9B | ||
| Q1 25 | $6.8B | $88.0B | ||
| Q4 24 | $6.7B | $88.8B | ||
| Q3 24 | $7.0B | $87.0B |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 0.45× | 0.21× | ||
| Q3 25 | 0.48× | 0.21× | ||
| Q2 25 | 0.46× | 0.15× | ||
| Q1 25 | 0.50× | 0.15× | ||
| Q4 24 | 0.52× | 0.16× | ||
| Q3 24 | 0.55× | 0.09× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $1.1B |
| Free Cash FlowOCF − Capex | $86.0M | $952.0M |
| FCF MarginFCF / Revenue | 21.6% | 106.8% |
| Capex IntensityCapex / Revenue | 4.4% | 13.6% |
| Cash ConversionOCF / Net Profit | — | 4.08× |
| TTM Free Cash FlowTrailing 4 quarters | $654.3M | $1.4B |
8-quarter trend — quarters aligned by calendar period.
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | $209.5M | $1.1B | ||
| Q3 25 | $203.5M | $438.0M | ||
| Q2 25 | $161.7M | $-62.0M | ||
| Q1 25 | $105.7M | $179.0M | ||
| Q4 24 | $172.6M | $1.1B | ||
| Q3 24 | $205.3M | $119.0M |
| Q2 26 | $86.0M | — | ||
| Q1 26 | $189.8M | — | ||
| Q4 25 | $189.8M | $952.0M | ||
| Q3 25 | $188.7M | $413.0M | ||
| Q2 25 | $146.9M | $-93.0M | ||
| Q1 25 | $91.4M | $152.0M | ||
| Q4 24 | $157.1M | $1.1B | ||
| Q3 24 | $191.6M | $97.0M |
| Q2 26 | 21.6% | — | ||
| Q1 26 | 46.6% | — | ||
| Q4 25 | 21.1% | 106.8% | ||
| Q3 25 | 21.5% | 48.0% | ||
| Q2 25 | 17.0% | -11.1% | ||
| Q1 25 | 11.2% | 19.1% | ||
| Q4 24 | 18.2% | 128.2% | ||
| Q3 24 | 24.0% | 12.2% |
| Q2 26 | 4.4% | — | ||
| Q1 26 | 15.6% | — | ||
| Q4 25 | 2.2% | 13.6% | ||
| Q3 25 | 1.7% | 2.9% | ||
| Q2 25 | 1.7% | 3.7% | ||
| Q1 25 | 1.8% | 3.4% | ||
| Q4 24 | 1.8% | 11.8% | ||
| Q3 24 | 1.7% | 2.8% |
| Q2 26 | — | — | ||
| Q1 26 | — | — | ||
| Q4 25 | 1.63× | 4.08× | ||
| Q3 25 | 1.59× | 1.97× | ||
| Q2 25 | 1.23× | -0.25× | ||
| Q1 25 | 1.11× | 1.05× | ||
| Q4 24 | 1.40× | 5.31× | ||
| Q3 24 | 1.72× | 0.56× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
