IDEX Corporation IEX
- Market cap
- $16.8B
- P/E
- 33.0×
Follow IEX
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 67.20 | 88.29 | 117.72 | 120.86 | 104.56 | 185.23 | 172.19 | 183.77 | 189.51 | 153.36 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 95.76 | 135.70 | 157.84 | 173.95 | 199.50 | 240.33 | 246.23 | 240.15 | 246.36 | 226.05 |
High Price
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| 7,158 | 7,167 | 7,352 | 7,439 | 7,075 | 7,536 | 8,868 | 8,800 | 9,000 | 8,700 |
Employees
|
|||
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Revenue/Emp
|
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| 2,113 | 2,287 | 2,484 | 2,495 | 2,352 | 2,765 | 3,182 | 3,274 | 3,269 | 3,458 |
Revenue
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| 44.05% | 44.89% | 45.01% | 45.10% | 43.69% | 44.29% | 44.84% | 44.19% | 44.21% | 44.51% |
Gross Margin
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| 369 | 455 | 529 | 533 | 470 | 580 | 749 | 760 | 639 | 633 |
EBT
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| 17.44% | 19.90% | 21.30% | 21.36% | 20.00% | 20.97% | 23.55% | 23.22% | 19.56% | 18.30% |
EBT Margin
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| 271 | 337 | 411 | 426 | 378 | 449 | 587 | 596 | 505 | 483 |
Net Income
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| 88 | 86 | 79 | 78 | 85 | 103 | 120 | 152 | 176 | 207 |
Depreciation
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| 27.88 | 30.00 | 32.50 | 33.00 | 31.06 | 36.38 | 42.03 | 43.31 | 43.18 | 45.92 |
Revenue/Sh
|
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| 3.57 | 4.41 | 5.36 | 5.62 | 4.98 | 5.91 | 7.74 | 7.87 | 6.66 | 6.41 |
Earnings/Sh
|
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| 5.28 | 5.68 | 6.27 | 6.99 | 7.52 | 7.44 | 7.36 | 9.48 | 8.83 | 9.04 |
Cash Flow/Sh
|
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| (0.50) | (0.50) | (0.78) | (0.67) | (0.68) | (0.96) | (0.90) | (1.19) | (0.86) | (0.84) |
Capex/Sh
|
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| 4.77 | 5.18 | 5.49 | 6.31 | 6.84 | 6.48 | 6.47 | 8.29 | 7.97 | 8.19 |
Free CF/Sh
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| 20.37 | 24.75 | 26.10 | 29.94 | 33.56 | 36.88 | 40.15 | 46.84 | 50.12 | 53.47 |
Book Value/Sh
|
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| 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 76 | 75 |
Shares
|
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| 25.55 | 29.86 | 23.51 | 30.55 | 39.84 | 40.05 | 29.61 | 27.33 | 31.47 | 27.72 |
PE Ratio
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| 3.27 | 4.39 | 3.88 | 5.21 | 6.41 | 6.50 | 5.46 | 4.97 | 4.85 | 3.88 |
PS Ratio
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| 4.48 | 5.32 | 4.84 | 5.75 | 5.94 | 6.41 | 5.72 | 4.59 | 4.18 | 3.33 |
PB Ratio
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| 3.64 | 4.60 | 4.04 | 5.30 | 6.42 | 6.62 | 5.79 | 5.21 | 5.26 | 4.23 |
EV/Sales
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| 21.27 | 26.64 | 23.68 | 27.70 | 29.16 | 37.18 | 37.66 | 27.20 | 28.50 | 23.73 |
EV/FCF
|
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| 400 | 433 | 479 | 528 | 569 | 565 | 557 | 717 | 668 | 680 |
Op' Cash Flow
|
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| (38) | (38) | (60) | (51) | (52) | (73) | (68) | (90) | (65) | (64) |
Capex
|
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| 362 | 395 | 420 | 477 | 518 | 493 | 489 | 627 | 603 | 617 |
FCF
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| 514 | 643 | 728 | 904 | 1,258 | 1,198 | 856 | 946 | 963 | 1,068 |
Working Cap'
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| 1,015 | 859 | 849 | 849 | 1,045 | 1,208 | 1,491 | 1,326 | 1,960 | 1,821 |
Total Debt
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| 779 | 483 | 382 | 217 | 19 | 353 | 1,061 | 791 | 1,339 | 1,241 |
Net Debt
|
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| 1,544 | 1,887 | 1,995 | 2,263 | 2,540 | 2,803 | 3,040 | 3,541 | 3,794 | 4,026 |
Sh' Equity
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| 9.10% | 10.29% | 11.95% | 11.68% | 9.18% | 9.63% | 11.26% | 10.48% | 8.01% | 7.07% |
ROA
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| 11.09% | 13.26% | 14.96% | 14.59% | 12.72% | 12.61% | 11.45% | 10.57% | 8.24% | 8.30% |
ROIC
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| 18.15% | 19.66% | 21.16% | 19.99% | 15.73% | 16.82% | 20.09% | 18.12% | 13.77% | 12.36% |
ROE
|
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IDEX Corporation peers in Specialty Industrial Machinery
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NDSN Nordson Corporation | $18.0B | 32.8× | Compare |
| ITT ITT Inc. | $19.1B | 40.3× | Compare |
| GGG Graco Inc. | $12.5B | 24.0× | Compare |
| WTS Watts Water Technologies, Inc. | $12.0B | 31.3× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GNRC Generac Holdings Inc. | $11.8B | 47.2× | Compare |
| XYL Xylem Inc. | $24.2B | 24.4× | Compare |
| DOV Dover Corporation | $25.3B | 22.9× | Compare |
| OTIS Otis Worldwide Corporation | $25.4B | 16.8× | Compare |
IEX metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
IDEX Corporation (IEX) key facts
- IDEX Corporation (IEX) is a Specialty Industrial Machinery company in the Industrials sector, listed on the New York Stock Exchange.
- IDEX Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.5 billion, up 5.77% from fiscal 2024.
- Net income was $482.5 million, or $6.41 per share (basic), a net margin of 14.0%.
- As of September 25, 2026, IEX traded at $230.08, a market capitalization of $16.8 billion.
- At that price the stock trades at 33.0× trailing-twelve-month earnings and 4.7× sales.
- IDEX Corporation pays an annual dividend of $2.56 per share, a yield of 1.15%, with a payout ratio of 39.9%.
- Return on equity was 12.4% and debt-to-equity 0.46.
IDEX Corporation (IEX) Latest News
23 Sep
IDEX Corporation's board approved a regular quarterly dividend of $0.73 per share, payable Oct 16, 2026, extending its streak to 128 consecutive payments. Q2 2026 results beat expectations, prompting management to raise full-year guidance as Health & Science Technologies (HST) demand from data centers, semiconductors, and space/defense remains strong. The story emphasizes a premium, value-shifting strategy that tilts capital spending toward HST under an 8020 framework, aiming for continued margin expansion even as legacy growth remains muted and returns on capital face pressure. Management's long-range targets keep projections at about $4.4 billion in revenue and $781 million in earnings by 2029, implying roughly 6.7% annual top-line growth and a $262 million earnings lift. Valuation pointers include a $255.93 fair value with ~11% upside and diverse analyst viewpoints. The note cautions that dividend clarity and HST momentum coexist with execution risks. Q2 beat led to raised full-year guidance and ongoing dividend support, signaling a stronger near-term earnings trajectory.
22 Sep
IDEX Corporation (IEX), a Northbrook, IL-based maker of high-margin, mission-critical equipment across 50+ brands, is a large-cap with a roughly $16.4B market value. It uses an 80/20 operating model and pursues bolt-on acquisitions to fund capacity expansion in resilient end-markets like life sciences and fire safety. Q2 results beat: adjusted EPS $2.32 vs $2.10 expected; revenue $920.6M vs $902.4M. Full-year adjusted EPS guidance was raised to $8.70 to $8.85. Backlog rose as demand strengthened in data center, semiconductor, and space & defense segments, supporting margin expansion from volume leverage, 8020 execution, and a one-time tariff refund. The stock has traded above its 200-day moving average since late 2025 but remains below its 50-day MA since September. Shares rose after earnings; analysts show a Moderate Buy with a $259.14 target, about 16% upside. Q2 beat and guidance with higher EPS and revenue, plus capex expansion and bolt-on acquisitions point to meaningful growth drivers and improved investor sentiment.
16 Aug
IDEX Corporation benefits from a strong market narrative around its operations yet questions persist on whether its shares trade below fair value. Valuation questions may moderately sway investor sentiment around IEX without altering core operations.
7 Aug
IDEX Corporation released its Q2 2026 earnings call transcript covering financial results and outlook. Quarterly earnings data and guidance typically influence near-term stock sentiment without altering long-term strategy.
2 Aug
IDEX Corporation (IEX) reported quarterly earnings and announced a share buyback, leading to questions on whether the current stock price is overvalued relative to results and capital return plans. Earnings release combined with buyback announcement can shift near-term valuation views and trading activity for IEX shares.
1 Aug
IDEX upgraded its 2026 outlook and launched share buybacks, raising questions on required investor actions. Upgraded outlook and buybacks indicate better performance expectations plus capital returns that can moderately shift financial results and sentiment.
30 Jul
IDEX Corporation's Q2 results show momentum from data center and semiconductor demand, resulting in raised guidance. Raised guidance tied to strong sector demand signals major positive shift in company performance outlook.
IDEX Corporation presented Q2 financial results and operational updates during its earnings call. Q2 earnings call directly shapes investor views and IDEX stock trajectory through performance data and guidance.
29 Jul
IDEX Corp posted strong Q2 2026 growth and raised full-year guidance. Strong growth and raised guidance point to major positive shifts in financial trajectory and investor outlook.
IDEX Corporation beat Q2 earnings estimates on HST momentum and raised its outlook. Earnings beat plus raised guidance signals strong momentum likely to lift stock and investor sentiment.
IDEX Corporation raised its full-year outlook after reporting strong second-quarter results. Raised full-year outlook after strong quarterly results signals robust growth and lifts investor sentiment for IDEX.
IDEX Corporation presented Q2 2026 earnings results and outlook on the call. Earnings figures and guidance can shift near-term sentiment without altering long-term trajectory.
IDEX Corporation reported Q2 earnings versus analyst estimates, with analysis of key operating and financial metrics including revenue, margins and segment performance. Quarterly earnings versus estimates and key metrics can shift near-term investor sentiment and valuation for IDEX.
IDEX Corporation's Q2 earnings and revenues exceeded analyst estimates. Q2 earnings and revenue beat points to modestly positive effects on near-term financial perception and stock movement.
IDEX reported Q2 CY2026 sales above estimates and issued encouraging forward guidance. Quarterly sales beat and positive guidance typically lift near-term investor sentiment and share price without altering long-term trajectory.
IDEX Corporation reported its second quarter results. Quarterly earnings releases deliver financial metrics that can shift near-term investor sentiment and stock valuation.
22 Jul
IDEX Corporation (IEX) earnings projected to grow, raising buy consideration. Projected earnings growth may moderately influence IDEX investor sentiment and stock trajectory.
9 Jul
IDEX Corporation (IEX) prepares to release its next earnings report, with forecasts centering on expected revenue, earnings per share, and segment performance. Earnings previews set near-term expectations that can moderately sway investor sentiment and stock volatility ahead of results.
29 May
IDEX acquires Mott while trading at premium P/E, directly shaping valuation expectations and future performance outlook. Mott acquisition constitutes major strategic move that alters IDEX competitive trajectory and investor sentiment.
30 Apr
IDEX Corporation beat Q1 earnings estimates driven by strong HST segment momentum and raised its full-year guidance. Beating earnings and raising guidance indicates robust performance that significantly boosts investor sentiment and stock trajectory.
IDEX Corporation's Q1 earnings call highlights key financial results, operational updates, and forward guidance. Q1 earnings call highlights deliver critical financial metrics and outlook shaping IDEX's trajectory and investor confidence.
29 Apr
IDEX Corporation released Q1 2026 earnings call summary highlighting financial results, operational updates, and future outlook. Quarterly earnings summaries provide critical financial metrics and guidance that significantly shape investor expectations and stock trajectory.
IDEX (IEX) Q1 2026 earnings call transcript details quarterly financial results, operational updates, and forward guidance from executives. Quarterly earnings transcripts disclose financial metrics, strategic updates, and guidance that significantly sway stock price and investor outlook.
Idex Corporation (IEX) reported Q1 earnings, with key metrics including revenue, EPS, and margins compared to Wall Street estimates, highlighting beats or misses in core segments like fluid and metering technologies. Q1 earnings beats or misses against estimates significantly sway investor sentiment and stock trajectory.
IDEX Corporation (IEX) reported first-quarter earnings and revenues that exceeded analyst estimates. Beating Q1 earnings and revenue estimates signals strong financial performance, likely driving significant positive investor sentiment and stock gains.
IDEX Corporation (NYSE:IEX) Q1 CY2026 sales beat estimates, driving stock surge. Q1 CY2026 sales exceeding estimates signals strong financial performance and boosts investor confidence in future growth.
IDEX Corporation reported first quarter results. First quarter earnings directly impact financial performance, stock price, and investor sentiment.
28 Apr
IDEX Corporation (IEX) upcoming earnings report draws attention to key metrics, guidance, and performance indicators investors should monitor for insights into financial health and future outlook. Earnings previews set expectations that can moderately influence investor sentiment and short-term stock performance.
24 Apr
IDEX Corporation prepares to report Q1 earnings, with analysts forecasting revenue growth, margin expansion, and insights into industrial and health segments amid market uncertainties. Q1 earnings anticipation may moderately influence IDEX's financial outlook and stock sentiment via analyst expectations.
22 Apr
Idex (IEX) earnings expected to grow next week amid strong analyst forecasts, recent performance beats, and positive market outlook. Expected earnings growth preview targets key financial performance and investor sentiment with moderate influence.