IEX

IDEX Corporation

Fundamental data last updated:October 31, 2026

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company profile

SECTOR

Industrials

industry

Industrial - Machinery

Exchange

NYSE

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, precision photonic solutions, and precision gear and peristaltic pump technologies. This segment serves food and beverage, pharmaceutical and biopharmaceutical, cosmetics, marine, chemical, wastewater and water treatment, life sciences, research, and defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.

 


VALUATION

P/E

31.02

Market Cap ($M USD)

$15.69B

Forward P/E

18.40

PEG

0.27

PRICE TO SALES

4.44

PRICE TO BOOK

3.89

EV / EBITDA

18.08

5-Year Average P/E

Free Cash Flow Yield

3.90%

DCF Value

$213.29

Graham Number

$91.54

Price to FCF

25.66

EV to FCF

27.76

Earnings Yield

3.22%

FCF Yield

3.90%

DIVIDEND

Yield

1.35%

Annual Payout

$2.86

Payout Ratio

41.95%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$6.83

Next Year EPS Growth Estimate

$11.52

Next Year Revenue Growth Estimate

$4.34B

Return on Equity (ROE)

12.61%

FREE CASH FLOW

Operating Margin

20.80%

Debt-to-Equity

0.45

Piotroski F-Score

7

Altman Z-Score

5.27

Return on Invested Capital (ROIC)

11.45%

Current Ratio

3.39

Quick Ratio

2.40

Net Debt to EBITDA

1.37

Interest Coverage

11.42

Gross Profit margin

44.42%

FCF PER SHARE

$8.23

REVENUE PER SHARE

$47.51

Gainseekers Quantitative Analysis

Summary

The market’s current pricing of IDEX Corporation reveals a nuanced picture. Trading slightly below its DCF value, the stock suggests a fair valuation, yet its Graham Number indicates potential overvaluation. The Forward P/E of 18.83 implies expectations of robust earnings growth, supported by a stellar Altman Z-score of 5.36, highlighting financial stability. However, the earnings yield of just 3.15% raises questions about the stock’s attractiveness relative to risk-free alternatives. Overall, the company appears financially sound but not without its valuation challenges.

AI Exposure / Tech Reliance

Operating within the Industrials sector, IDEX Corporation is strategically positioned to leverage AI and technological advancements. Its focus on industrial machinery suggests potential for integrating smart technologies, enhancing operational efficiency. This adaptability could provide a competitive edge in an increasingly tech-driven market landscape.

The Bull Case

For the discerning GARP investor, IDEX offers compelling reasons to buy. With a robust ROIC of 11.45% and a Piotroski F-Score of 7, the company demonstrates strong capital efficiency and financial health. Its operating margin of 20.80% underscores significant pricing power, while a solid FCF yield, despite being modest, indicates effective cash generation. These metrics collectively paint a picture of a company capable of delivering sustainable growth and shareholder value.

The Bear Case

Despite its strengths, IDEX faces notable risks. The Price/Book ratio of 3.98 and Price/Sales ratio of 4.55 suggest a premium valuation, potentially limiting upside. Additionally, the stock's proximity to its 52-week high, just 3.19% away, indicates a technical overextension. While debt levels are manageable, the high valuation multiples could deter value-focused investors seeking a margin of safety.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Hold

Average Analyst Price Target

$243.57

Institutional Ownership %

1-Year Beta

1.01

Insider Buying % (6 Mo)

Distance to 52-Week High

5.61%

Distance to 52-Week Low

25.81%

EARNINGS SURPRISE %

12.36%

50-DAY SMA

$203.23

200-DAY SMA

$184.85

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.