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IE

IDEX Corporation

IEXIndustrialsNASDAQ

Specialty Industrial Machinery

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Financials · Annual
Revenue
$3.46B
+5.8% YoY
Net Income
$483.2M
-4.3% YoY
EBITDA
$903.5M
+5.1% YoY
Free Cash Flow
$525.0M

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About IDEX Corporation

IDEX Corporation, together with its subsidiaries, provides applied solutions in the United States, North America, Europe, Asia, and internationally. With a market capitalization of $15.36B, it sits in large-cap territory. It operates through three segments: Health & Science Technologies (HST), Fluid & Metering Technologies (FMT) and Fire & Safety/Diversified Products (FSDP).

Key stats
Market Cap$15.36B
P/E (TTM)30.66
Fwd P/E22.49
EPS$6.77
Beta1.01
52W Change+14.0%
Dividend Yield1.41%
ROE12.8%
Analysis

On the balance sheet, IEX has $586.2M in cash with $1.90B in obligations. The ability to service this debt comfortably depends on continued operational cash generation. Annual free cash flow of $525.0M supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. ROE of 12.8% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 6.8% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $2.76B (2021) to $3.46B (2025), reflecting a 25% increase over the period.

As with any equity investment, IEX carries market risk, sector-specific risk, and company-specific risk that investors should evaluate in the context of their own portfolios. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing IEX.

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