IDEX Corp (IEX)

IDEX Corporation, together with its subsidiaries, provides applied solutions in the United States, North America, Europe, Asia, and internationally. It operates through three segments: Health & Science Technologies (HST), Fluid & Metering Technologies (FMT) and Fire & Safety/Diversified Products (FSDP). The HST segment designs, produces, and distributes a range of precision fluidics, positive displacement pumps, powder and liquid processing technologies, drying systems, micro-precision components, pneumatic components and sealing solutions, high performance molded and extruded sealing components, and custom mechanical and shaft seals. This segment also offers engineered hygienic mixers and valves, biocompatible medical devices and implantable products, air compressors and blowers, optical components and coatings, ultra-precision diamond tools, and laboratory and commercial equipment, as well as precision photonic solutions, technical ceramics, hermetic sealing products, porous material structures, and flow control solutions. The FMT segment designs, produces, and distributes positive displacement pumps, valves, small volume provers, flow meters, injectors, other fluid-handling pump modules, and systems; and provides flow monitoring and other services. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, and rescue tools; lifting bags and other components and systems; engineered stainless steel banding and clamping devices; and precision equipment for dispensing, metering, and mixing colorants and paints. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.

Symbol
IEX
Exchange
NYSE
Sector
Industrials
Industry
Specialty Industrial Machinery
Market cap
$17.24B
52 week range
159.27 - 243.8

Valuation

Share price
$232.99 (close of 2026-10-02)
P/E (TTM)
33.48x
Price to book
4.30x
Price to free cash flow
26.88x
Enterprise value
$18.51B
Book value per share
$54.14

Price performance

PeriodChange
1 day+1.37%
5 days+1.26%
1 month+3.73%
3 months+4.10%
6 months+22.32%
Year to date+30.94%
1 year+41.05%
3 years+12.68%
5 years+10.87%
10 years+149.00%
All time+7961.94%

Members of Congress who disclosed IEX trades

Lisa McClain · Jefferson Shreve

Super investors holding IEX

Ken Griffin (Citadel) · Wallace Weitz (Weitz Investment Management) · Mairs & Power (Mairs & Power Inc)

Profitability and growth

Return on equity
12.00%
Return on invested capital
10.37%
Return on assets
6.98%
Return on capital employed
11.01%
Gross margin
44.51%
Net margin
13.98%
EBITDA margin
22.42%
Revenue growth
5.77%
Net income growth
-4.32%
Free cash flow growth
2.29%

Cash flow and balance sheet

Free cash flow yield (TTM)
3.72%
Current ratio
3.05x
Net debt to EBITDA
1.32x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$3.46B
Cost of revenue
$1.92B
Gross profit
$1.54B
EBITDA
$775.10M
Net income
$483.20M
Earnings per share
$6.41
Research and development
$70.00M
Shares outstanding
75.30M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$3.46B$1.54B$483.20M$6.41
2024-12-31$3.27B$1.45B$505.00M$6.66
2023-12-31$3.27B$1.45B$596.10M$7.87
2022-12-31$3.18B$1.43B$586.90M$7.74
2021-12-31$2.76B$1.22B$449.40M$5.91
2020-12-31$2.35B$1.03B$377.80M$4.98
2019-12-31$2.49B$1.13B$425.50M$5.62
2018-12-31$2.48B$1.12B$410.57M$5.36
2017-12-31$2.29B$1.03B$337.26M$4.41
2016-12-31$2.11B$930.77M$271.11M$3.57

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-3144.51%13.98%12.00%10.37%
2024-12-3144.21%15.45%13.31%10.51%
2023-12-3144.19%18.21%16.83%13.04%
2022-12-3144.84%18.44%19.31%14.03%
2021-12-3144.29%16.25%16.03%15.59%
2020-12-3143.69%16.07%14.87%16.04%
2019-12-3145.10%17.06%18.80%18.39%
2018-12-3145.01%16.53%20.58%18.96%
2017-12-3144.89%14.74%17.88%16.23%
2016-12-3144.05%12.83%17.56%13.56%

Cash and debt by year

Period endCashDebt
2025-12-31$580.00M$1.82B
2024-12-31$620.80M$1.86B
2023-12-31$534.30M$1.33B
2022-12-31$430.20M$1.47B
2021-12-31$855.40M$1.19B
2020-12-31$1.03B$1.04B
2019-12-31$632.58M$848.86M
2018-12-31$466.41M$848.34M
2017-12-31$375.95M$858.79M
2016-12-31$235.96M$1.01B

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$616.80M$27.30M
2024-12-31$603.00M$25.80M
2023-12-31$626.80M$21.80M
2022-12-31$489.40M$21.60M
2021-12-31$492.60M$20.40M
2020-12-31$517.70M$14.80M
2019-12-31$477.20M$22.10M
2018-12-31$423.26M$24.75M
2017-12-31$388.89M$24.41M
2016-12-31$361.68M$20.33M

Dividend history

Most recent payment
2026-10-02
Paid in the last twelve months
$3.61
Payment dateDividend per share
2026-10-02$0.73
2026-07-06$0.73
2026-05-22$0.73
2026-01-16$0.71
2025-10-10$0.71
2025-07-11$0.71
2025-05-19$0.71
2025-01-17$0.69

Investor relations

Next earnings report

Next confirmed report
2026-10-28
Consensus EPS estimate
$2.23

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-29Jun/2026$2.10
2026-04-29Mar/2026$1.78
2026-02-04Dec/2025$2.04
2025-10-29Sep/2025$1.93
2025-07-30Jun/2025$2.00
2025-05-01Mar/2025$1.64
2025-02-04Dec/2024$2.03
2024-10-29Sep/2024$1.89

Filings and sources

Company website
idexcorp.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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