Annual Revenue Comparison: Snap-on Incorporated vs IDEX Corporation

A Decade of Growth: Snap-on vs. IDEX

A Financial Showdown in the Industrial Sector

Since 2014, Snap-on Incorporated and IDEX Corporation have been pivotal players in the industrial sector, showcasing impressive revenue growth. Snap-on, renowned for its high-quality tools, has consistently outperformed IDEX, a leader in fluid and metering technologies. Over the past decade, Snap-on's revenue surged by approximately 56%, reaching a peak of $5.1 billion in 2023. In contrast, IDEX experienced a robust 52% increase, culminating in $3.3 billion in the same year.

The data reveals a steady upward trajectory for both companies, with Snap-on maintaining a revenue lead of about 30% on average. Notably, 2021 marked a significant leap for both, with Snap-on's revenue jumping by 18% and IDEX by 17%, reflecting resilience amidst global economic challenges. This financial duel highlights the dynamic nature of the industrial sector, where innovation and strategic growth are key.