Comparative EBITDA Analysis: Cummins Inc. vs IDEX Corporation

A Decade of EBITDA Growth: Cummins Inc. vs IDEX Corporation

In the competitive landscape of industrial manufacturing, Cummins Inc. and IDEX Corporation have showcased remarkable financial resilience over the past decade. From 2014 to 2023, Cummins Inc. consistently outperformed IDEX Corporation in terms of EBITDA, with an average annual EBITDA of approximately $3.06 billion, nearly five times that of IDEX's $661 million.

Key Insights

• Cummins Inc.: The company experienced a robust growth trajectory, peaking in 2022 with an EBITDA of $3.8 billion, a 52% increase from 2014. Despite a slight dip in 2023, Cummins maintained a strong financial position.

• IDEX Corporation: Demonstrating steady growth, IDEX's EBITDA surged by 91% from 2014 to 2023, reaching $964 million in 2023. This growth underscores IDEX's strategic market positioning and operational efficiency.

This comparative analysis highlights the dynamic shifts in the industrial sector, offering valuable insights for investors and industry analysts.