IDEX Corporation (IEX) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$2.11	$2.32	+10.0%	—	—	—
Q4 26	$1.77	$2	+13.0%	—	—	—
Q3 26	$1.61	$1.87	+16.1%	—	—	—
Q2 26	$1.93	$2.03	+5.2%	—	—	—
Q1 26	$1.99	$2.07	+4.0%	—	—	—
Q4 25	$1.64	$1.75	+6.7%	—	—	—
Q3 25	$2.03	$2.04	+0.5%	—	—	—
Q2 25	$1.88	$1.9	+1.1%	—	—	—
Q1 25	$2.04	$2.06	+1.0%	—	—	—
Q4 24	$1.76	$1.88	+6.8%	—	—	—
Q3 24	$1.78	$1.83	+2.8%	—	—	—
Q2 24	$1.89	$2.12	+12.2%	—	—	—
Q1 24	$2.11	$2.18	+3.3%	—	—	—
Q4 23	$2.02	$2.09	+3.5%	—	—	—
Q3 23	$1.98	$2.01	+1.5%	—	—	—
Q2 23	$2	$2.14	+7.0%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.41	—	—	$3.5B	—
FY24	—	$6.66	—	—	$3.3B	—
FY23	—	$7.87	—	—	$3.3B	—
FY22	—	$7.74	—	—	$3.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$2.1B	$2.3B	$2.5B	$2.5B	$2.4B	$2.8B	$3.2B	$3.3B	$3.3B	$3.5B
YoY change	+4.57%	+8.25%	+8.58%	+0.44%	-5.73%	+17.6%	+15.1%	+2.89%	-0.16%	+5.77%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	2.1B	2.3B	2.5B	2.5B	2.4B	2.8B	3.2B	3.3B	3.3B	3.5B
Cost of revenue	1.2B	1.3B	1.4B	1.4B	1.3B	1.5B	1.8B	1.8B	1.8B	1.9B
Gross profit	930.8M	1B	1.1B	1.1B	1B	1.2B	1.4B	1.4B	1.4B	1.5B
Gross margin	44%	44.9%	45%	45.1%	43.7%	44.3%	44.8%	44.2%	44.2%	44.5%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	492.4M	524.9M	536.7M	525M	494.9M	578.2M	652.7M	703.5M	758.7M	818.8M
Operating expenses	492.4M	524.9M	536.7M	525M	494.9M	578.2M	652.7M	703.5M	758.7M	818.8M
Operating income	438.4M	501.7M	581.2M	600M	532.5M	646.3M	774.2M	743.4M	686.5M	720M
Operating margin	20.7%	21.9%	23.4%	24.1%	22.6%	23.4%	24.3%	22.7%	21%	20.8%
Non-operating income, net	-24.2M	-1.6M	-8.1M	-22.8M	-17.4M	-25.5M	15.9M	68.6M	-2.7M	-23M
Pretax income	368.5M	455.3M	528.9M	532.9M	470.3M	579.8M	749.4M	760.3M	639.3M	632.6M
Income tax	97.4M	118M	118.4M	107.4M	92.5M	130.5M	162.7M	164.7M	134.7M	150.1M
Net income	271.1M	337.3M	410.6M	425.5M	377.8M	449.3M	586.7M	595.6M	504.6M	482.5M
Net margin	12.8%	14.7%	16.5%	17.1%	16.1%	16.3%	18.4%	18.2%	15.4%	14%
EBITDA	527M	583.6M	662.7M	675.1M	610.4M	733.1M	897.8M	890.3M	864.7M	924.2M
EPS	3.57	4.41	5.36	5.62	4.98	5.91	7.74	7.87	6.66	6.41
Diluted EPS	3.53	4.36	5.29	5.56	4.94	5.88	7.71	7.85	6.64	6.41

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	793.4M	788.9M	800.5M	807.2M	798.2M	862.9M	814.3M	865.4M	878.7M	899.1M	886.9M	920.6M
Cost of revenue	443.8M	452.1M	443.1M	440.4M	444.3M	495.8M	445.4M	473.2M	488.1M	512M	488.8M	493.8M
Gross profit	349.6M	336.8M	357.4M	366.8M	353.9M	367.1M	368.9M	392.2M	390.6M	387.1M	398.1M	426.8M
Gross margin	44.1%	42.7%	44.6%	45.4%	44.3%	42.5%	45.3%	45.3%	44.5%	43.1%	44.9%	46.4%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	165.9M	173.6M	195.1M	182.8M	182.9M	197.9M	209.4M	203.6M	204.7M	201.1M	218.3M	224.1M
Operating expenses	165.9M	173.6M	195.1M	182.8M	182.9M	197.9M	209.4M	203.6M	204.7M	201.1M	218.3M	224.1M
Operating income	183.7M	163.2M	162.3M	184M	171M	169.2M	159.5M	188.6M	185.9M	186M	179.8M	202.7M
Operating margin	23.2%	20.7%	20.3%	22.8%	21.4%	19.6%	19.6%	21.8%	21.2%	20.7%	20.3%	22%
Non-operating income, net	91.8M	-11.4M	1.6M	3.3M	-6.3M	-1.3M	-18.9M	-3.1M	1.1M	-2.1M	-6.8M	-1.5M
Pretax income	261.8M	140.2M	154.5M	179.2M	154.4M	151.2M	124.5M	169.9M	170.5M	167.7M	157M	186.1M
Income tax	52.8M	31.9M	33.2M	38M	35.5M	28M	29.1M	38.8M	42.8M	39.4M	37.1M	42.7M
Net income	209M	108.3M	121.3M	141.2M	118.9M	123.2M	95.4M	131.1M	127.7M	128.3M	119.9M	143.4M
Net margin	26.3%	13.7%	15.2%	17.5%	14.9%	14.3%	11.7%	15.1%	14.5%	14.3%	13.5%	15.6%
EBITDA	224.3M	203.2M	205.8M	224.2M	212.2M	222.5M	208M	237.2M	239.2M	239.8M	234.1M	257.4M
EPS	2.76	1.43	1.6	1.86	1.57	1.62	1.26	1.74	1.7	1.72	1.61	1.94
Diluted EPS	2.75	1.43	1.6	1.86	1.57	1.62	1.26	1.74	1.7	1.71	1.61	1.93

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	6.8B	10.1B	9.6B	13B	15.1B	18B	17.3B	16.4B	15.8B	13.4B	17B
Enterprise value	7.6B	10.5B	10B	13.3B	15.2B	18.4B	18.4B	17.3B	17.2B	14.7B	18.2B
Shares outstanding	75.8M	76.2M	76.4M	75.6M	75.7M	76M	75.7M	75.6M	75.7M	75.3M	75.3M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	25.2	29.8	23.5	30.6	39.9	40	29.5	27.6	31.4	27.8	33.3
P/S	3.23	4.4	3.88	5.21	6.42	6.5	5.43	5.01	4.85	3.88	4.75
P/B	4.42	5.33	4.84	5.74	5.94	6.41	5.69	4.64	4.18	3.33	4.27
EV/EBITDA	14.4	18.1	15.2	19.7	24.9	25.1	20.5	19.5	19.9	15.9	18.8
EV/Sales	3.6	4.61	4.04	5.33	6.47	6.66	5.8	5.29	5.26	4.24	5.08
Earnings yield	3.97%	3.35%	4.26%	3.27%	2.5%	2.5%	3.39%	3.63%	3.18%	3.6%	3.01%
FCF yield	5.3%	3.87%	4.35%	3.67%	3.43%	2.74%	2.83%	3.82%	3.81%	4.6%	3.26%
PEG	—	—	—	—	—	—	—	—	—	—	2.89

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	44%	44.9%	45%	45.1%	43.7%	44.3%	44.8%	44.2%	44.2%	44.5%	46.4%
Operating margin	20.7%	21.9%	23.4%	24.1%	22.6%	23.4%	24.3%	22.7%	21%	20.8%	22.2%
Net margin	12.8%	14.7%	16.5%	17.1%	16.1%	16.3%	18.4%	18.2%	15.4%	14%	14.5%
ROE	17.6%	17.9%	20.6%	18.8%	14.9%	16%	19.3%	16.8%	13.3%	12%	13%
ROA	8.59%	9.92%	11.8%	11.2%	8.56%	9.14%	10.6%	10.2%	7.48%	6.97%	6.84%
ROIC	13.9%	15.7%	18.9%	18.7%	16%	15.4%	14.4%	13.1%	10.5%	10.4%	10.9%
Return on tangible assets	-27.6%	-40.2%	-59.6%	-81.6%	-181.6%	-73.3%	-35.3%	-32.5%	-21.7%	-20.1%	-24%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.66	2.78	3	3.52	4.15	3.5	2.57	2.89	2.53	2.86	3.05
Quick ratio	1.84	2.06	2.23	2.7	3.43	2.72	1.71	2.05	1.85	2.02	2.15
Debt / equity	0.66	0.46	0.43	0.41	0.45	0.46	0.52	0.41	0.52	0.46	0.47
Debt / assets	0.32	0.25	0.25	0.25	0.26	0.26	0.29	0.25	0.29	0.27	0.27
Net debt / EBITDA	1.48	0.83	0.59	0.45	0.21	0.61	1.29	1.02	1.58	1.37	1.3
Interest coverage	9.08	11.1	13	13	11.5	15.1	19.4	15.7	15.4	10.8	11.7
Effective tax rate	26.4%	25.9%	22.4%	20.2%	19.7%	22.5%	21.7%	21.7%	21.1%	23.7%	23.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	27.9	30	32.5	33	31	36.4	42	43.3	43.2	45.9	48.1
EPS (basic)	3.57	4.41	5.36	5.62	4.98	5.91	7.74	7.87	6.66	6.41	6.41
EPS (diluted)	3.53	4.36	5.29	5.56	4.94	5.88	7.71	7.85	6.64	6.41	6.95
Book value per share	20.4	24.7	26.1	29.9	33.5	36.9	40.2	46.8	50.1	53.5	54.2
FCF per share	4.77	5.1	5.49	6.31	6.84	6.48	6.46	8.29	7.97	8.19	8.65
Cash per share	3.11	4.93	6.1	8.37	13.5	11.3	5.68	7.07	8.2	7.7	8.43
Capex per share	0.5	0.5	0.73	0.67	0.68	0.96	0.78	—	—	0.84	1.01

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.81%	1.65%	2.24%	2.04%	2.19%	2.63%	1.86%	—	—	1.84%	2.1%
Capex / operating cash flow	10.1%	8.97%	11.8%	9.06%	8.9%	13.7%	10.6%	—	—	9.35%	10.5%
Payout ratio	37.9%	33%	31%	34.6%	40.2%	35.9%	30.2%	32%	40.7%	44.1%	51.6%
Dividend yield	1.5%	1.11%	1.32%	1.13%	1.01%	0.9%	1.03%	1.16%	1.3%	1.59%	1.26%

Yield

1.26%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.73

ex-dividend Jul 6, 2026

Payout ratio

52%

of earnings

Dividend growth

16 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 6, 2026	$0.73
May 22, 2026	$0.73
Jan 16, 2026	$0.71

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$793.4M	$788.9M	$800.5M	$807.2M	$798.2M	$862.9M	$814.3M	$865.4M	$878.7M	$899.1M	$886.9M	$920.6M
YoY change	-3.71%	-2.69%	-5.31%	-4.61%	+0.6%	+9.38%	+1.72%	+7.21%	+10.1%	+4.2%	+8.92%	+6.38%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	236M	375.9M	466.4M	632.6M	1B	855.4M	430.2M	534.3M	620.8M	580M
Receivables	275.3M	297.8M	313.7M	298.1M	288.3M	354.9M	431.3M	419M	461M	477.1M
Inventory	252.9M	259.7M	280M	293.5M	289.9M	370.4M	470.9M	420.8M	429.7M	479.4M
Total current assets	822.7M	1B	1.1B	1.3B	1.7B	1.7B	1.4B	1.4B	1.6B	1.6B
Property, plant & equipment	78.6M	82.9M	91.5M	93M	105.9M	129.4M	167.9M	195.6M	191.5M	180.5M
Goodwill & intangibles	4.1B	4.2B	4.2B	4.3B	4.6B	5.5B	7.2B	7.7B	9.1B	9.3B
Total assets	3.2B	3.4B	3.5B	3.8B	4.4B	4.9B	5.5B	5.9B	6.7B	6.9B
Accounts payable	128.9M	147.1M	143.2M	138.5M	152M	178.8M	208.9M	179.7M	197.8M	224.7M
Short-term debt	1M	258K	483K	15.6M	16.8M	17.6M	21.6M	22.6M	126.8M	28.5M
Total current liabilities	309.2M	361M	364.7M	357.9M	399M	480M	543.6M	500.3M	629.7M	575.4M
Long-term debt	1B	858.8M	860M	918.8M	1.1B	1.3B	1.6B	1.4B	1.9B	1.8B
Total liabilities	1.6B	1.5B	1.5B	1.6B	1.9B	2.1B	2.5B	2.3B	3B	2.9B
Shareholders' equity	1.5B	1.9B	2B	2.3B	2.5B	2.8B	3B	3.5B	3.8B	4B
Total debt	1B	859M	860.4M	934.4M	1.2B	1.3B	1.6B	1.4B	2B	1.8B
Net debt	779.3M	483.1M	394M	301.8M	129.6M	445.9M	1.2B	911.5M	1.4B	1.3B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	562.7M	534.3M	616.3M	700.7M	633.2M	620.8M	594.1M	568.2M	593.8M	580M	586.2M	621.3M
Receivables	430.6M	419M	429.1M	416.1M	467.3M	461M	475.3M	468.5M	488.7M	477.1M	515M	506.3M
Inventory	446.6M	420.8M	426M	427.9M	488.2M	429.7M	466.3M	487.8M	495.1M	479.4M	501M	520.3M
Total current assets	1.5B	1.4B	1.6B	1.6B	1.7B	1.6B	1.6B	1.6B	1.7B	1.6B	1.7B	1.8B
Property, plant & equipment	428M	195.6M	428.2M	419.1M	468.6M	191.5M	459.6M	464.8M	-653.4M	180.5M	-670.6M	-686.4M
Goodwill & intangibles	7.2B	7.7B	7.5B	7.4B	9.3B	9.1B	9.1B	9.3B	9.4B	9.3B	9.2B	9.1B
Total assets	5.7B	5.9B	5.9B	5.9B	7B	6.7B	6.8B	6.9B	7B	6.9B	6.9B	6.9B
Accounts payable	176.3M	179.7M	185.8M	172.4M	210.4M	197.8M	208.3M	204.2M	208.1M	224.7M	224.8M	233.7M
Short-term debt	21.7M	22.6M	22.4M	23.8M	27.2M	126.8M	127.3M	28.5M	28.1M	28.5M	27.5M	27M
Total current liabilities	487.5M	500.3M	460.6M	477.4M	564.6M	629.7M	583.6M	529.8M	564M	575.4M	506M	581.6M
Long-term debt	1.4B	1.4B	1.3B	1.3B	2.1B	1.9B	1.8B	1.8B	1.9B	1.8B	1.9B	1.9B
Total liabilities	2.3B	2.3B	2.3B	2.2B	3.1B	3B	2.9B	2.9B	3B	2.9B	2.9B	2.9B
Shareholders' equity	3.4B	3.5B	3.6B	3.7B	3.8B	3.8B	3.9B	4B	4B	4B	4B	4B
Total debt	1.4B	1.4B	1.3B	1.3B	2.1B	2B	2B	1.9B	1.9B	1.8B	1.9B	1.9B
Net debt	876.7M	911.5M	729M	620.4M	1.5B	1.4B	1.4B	1.3B	1.3B	1.3B	1.3B	1.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	271.1M	337.3M	410.6M	425.5M	377.8M	449.3M	586.7M	595.6M	504.6M	482.5M
Depreciation & amortization	86.9M	84.2M	77.5M	76.9M	83.5M	103M	119.7M	152.1M	175.6M	206.5M
Stock-based compensation	20.3M	24.4M	24.8M	22.1M	14.8M	20.4M	21.6M	21.8M	25.8M	27.3M
Change in working capital	11.1M	-22.5M	-25.8M	16.2M	88.8M	-43.8M	-152M	67.6M	-8.4M	-55.9M
Operating cash flow	379.4M	422M	471.3M	561.9M	579.9M	530.1M	558.2M	827.7M	680.6M	680.4M
Capital expenditure	-38.2M	-37.8M	-55.7M	-50.9M	-51.6M	-72.7M	-59.1M	—	—	-63.6M
Investing cash flow	-509.2M	-54.7M	-77.4M	-137M	-172.6M	-698.1M	-908.3M	-193.9M	-941.4M	-137.6M
Dividends paid	-102.7M	-111.2M	-127.5M	-147.2M	-151.8M	-161.1M	-177.4M	-190.7M	-205.3M	-212.6M
Share repurchases	-57.3M	-29.1M	-173.9M	-54.7M	-110.3M	0	-148.1M	-24.2M	0	-248.3M
Financing cash flow	-503.8M	-501M	-328.9M	-266.4M	-237.2M	-9.5M	37.6M	-344.7M	465.9M	-632.6M
Net change in cash	-633.7M	-133.7M	64.9M	158.5M	170.1M	-177.5M	-312.5M	289.1M	205.1M	-89.8M
Free cash flow	361.7M	388.9M	419.3M	477.2M	517.7M	492.6M	489.4M	626.8M	603M	616.8M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	209M	108.3M	121.3M	141.2M	118.9M	123.2M	95.4M	131.1M	127.7M	128.3M	119.9M	143.4M
Depreciation & amortization	38.5M	39.6M	40.8M	40.2M	43.9M	50.7M	49.9M	51M	52.1M	53.5M	53.7M	53.4M
Stock-based compensation	1.9M	2.9M	12.5M	4.4M	4M	4.9M	13.6M	5.2M	4.9M	3.6M	15.8M	6.1M
Change in working capital	51.9M	55.8M	-16.9M	-26.4M	13.6M	21.3M	-35.8M	-24.3M	-13.1M	17.3M	-71.2M	-14.7M
Operating cash flow	301.9M	192.7M	158.1M	158.6M	183.3M	180.6M	123.6M	165.6M	203.5M	209.5M	103.7M	200M
Capital expenditure	—	—	—	—	—	—	—	—	-14.8M	-19.7M	-17.7M	-23M
Investing cash flow	106.7M	-197M	0	47.1M	-994.3M	800K	4.3M	300K	-95.5M	-17.6M	-20.4M	-22.3M
Dividends paid	-48.4M	-48.4M	-48.5M	-52.2M	-52.3M	-52.3M	-52.4M	-53.5M	-53.5M	-53.2M	-52.8M	-53.9M
Share repurchases	-100K	-23.1M	—	0	0	0	-50.5M	-49.7M	-76M	-72.1M	-76.3M	-77.1M
Financing cash flow	-194.7M	-71.8M	-41M	-77.2M	724.9M	-140.8M	-133.3M	-215.9M	-75.7M	-207.7M	-68.8M	-139.3M
Net change in cash	213.9M	-76.1M	117.1M	128.5M	-86.1M	40.6M	-5.4M	-50M	32.3M	-15.8M	14.5M	38.4M
Free cash flow	206.5M	179.4M	136.6M	117.7M	191.6M	157.1M	91.4M	146.9M	188.7M	189.8M	86M	177M

Date	Ratio
May 22, 2007	3:2
Jun 1, 2004	3:2
Feb 3, 1997	3:2
Feb 1, 1995	3:2

IDEX Corporation Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history