Idex Corp /De/IEX

NYSEIndustrialsPumps & Pumping Equipment
Price (close)
$228.50
Market cap
$17.0B
P/E
32.6x
Revenue (TTM)
$3.6B
Net income
$519.5M
Dividend yield
1.26%
1-year total return
45.6%
Net margin
14.5%
Revenue growth
7.3%
Debt / equity
0.46x

What Idex Corp /De/ does.

IDEX Corporation (“IDEX,” the “Company,” “we,” or “our”) is a global applied solutions provider serving niche markets with mission critical components for everyday life. Substantially all of the Company’s business activities are carried out through over 50 wholly-owned subsidiaries with shared values of Trust, Team and Excellence. IDEX’s diverse family of businesses is committed to making trusted solutions that improve lives and is innovative and inquisitive in its quest to solve customers’ most challenging applied technology problems. These businesses operate with a high degree of autonomy, yet are all united by employing The IDEX Difference, a philosophy of great teams who embrace the 8020 principle while remaining hyper-focused on serving customers. IDEX was incorporated in Delaware on September 24, 1987.

* Beginning in 2025, Life Sciences also includes analytical instruments, pharmaceutical and medical/dental end market sales.

The Company has three reportable segments: Health & Science Technologies (“HST”), Fluid & Metering Technologies (“FMT”) and Fire & Safety/Diversified Products (“FSDP”). The segments are structured around how to best serve customer needs, with each segment consisting of businesses that have product and end market similarities as well as common distribution methods and production processes. This structure enables management efficiency, aligns IDEX’s operations with its focus on organic growth, strategic acquisitions and capital allocation priorities and provides transparency about the Company’s performance to external stakeholders.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$2.4B$2.8B$3.2B$3.3B$3.3B$3.5B
Net income$377.8M$449.4M$586.9M$596.1M$505.0M$483.2M
Free cash flow$517.7M$492.6M$489.4M$626.8M$603.0M$616.8M

More on IEX.

Figures from Idex Corp /De/'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.