IDEX Corp

Chart & Performance

D1W1MN

P/E

26.82

P/S

4.88

EPS

7.87

Div Yield, %

1.19%

Shrs. gr., 5y

-0.43%

Rev. gr., 5y

5.68%

Revenues

3.27b

+2.89%

Net income

596m

+1.57%

CFO

717m

+28.58%

Dividend

Oct 11, 20240.69 USD/sh

Earnings

Feb 04, 2025

Profile

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.

URL

https://www.idexcorp.com/

IPO date

Jun 02, 1989

Employees

8,868

Domiciled in

Incorporated in

Valuation

Order:

Title USD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title USD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	3,273,900 2.89%	3,181,900 15.09%	2,764,800 17.57%
Cost of revenue	1,827,000	2,564,500	2,251,500
Unusual Expense (Income)
NOPBT	1,446,900	617,400	513,300
NOPBT Margin	44.19%	19.40%	18.57%
Operating Taxes	164,700	162,700	130,500
Tax Rate	11.38%	26.35%	25.42%
NOPAT	1,282,200	454,700	382,800
Net income	596,100 1.57%	586,900 30.60%	449,400 18.95%
Dividends	(190,700)	(177,400)	(161,100)
Dividend yield	1.16%	1.02%	0.89%
Proceeds from repurchase of equity	(2,700)	(128,800)	513,000
BB yield	0.02%	0.74%	-2.84%
Debt
Debt current	22,600	21,600	17,600
Long-term debt	1,543,300	1,586,900	1,301,300
Deferred revenue	17,300	15,000	32,200
Other long-term liabilities	91,300	180,800	215,200
Net debt	1,031,600	1,178,000	659,900
Cash flow
Cash from operating activities	716,700	557,400	565,300
CAPEX	(89,900)	(68,000)	(72,700)
Cash from investing activities	(283,800)	(917,200)	(698,100)
Cash from financing activities	(344,700)	(37,800)	(9,500)
FCF	1,228,300	313,000	225,983
Balance
Cash	534,300	430,200	855,400
Long term investments		300	(196,400)
Excess cash	370,605	271,405	520,760
Stockholders' equity	3,889,200	3,406,700	3,057,800
Invested Capital	4,724,995	4,424,095	3,719,740
ROIC	28.03%	11.17%	11.24%
ROCE	26.86%	12.45%	11.57%
EV
Common stock shares outstanding	75,900	76,000	76,400
Price	217.11 -4.91%	228.33 -3.38%	236.32 18.63%
Market cap	16,478,649 -5.04%	17,353,080 -3.89%	18,054,848 18.63%
EV	17,510,049	18,531,380	18,714,748
EBITDA	1,599,000	737,100	616,300
EV/EBITDA	10.95	25.14	30.37
Interest	51,700	40,700	41,000
Interest/NOPBT	3.57%	6.59%	7.99%