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IEX

IEX - IDEX Corp Stock Price, Fair Value and News

222.07USD+0.32 (+0.14%)Market Closed

Market Summary

IEX
USD222.07+0.32
Market Closed
0.14%

IEX Stock Price

View Fullscreen

IEX RSI Chart

IEX Valuation

Market Cap

16.8B

Price/Earnings (Trailing)

29.05

Price/Sales (Trailing)

5.2

EV/EBITDA

20.73

Price/Free Cashflow

26.14

IEX Price/Sales (Trailing)

IEX Profitability

EBT Margin

22.76%

Return on Equity

15.97%

Return on Assets

9.81%

Free Cashflow Yield

3.83%

IEX Fundamentals

IEX Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

-5.31%

Rev. Growth (Qtr)

1.47%

IEX Earnings

Earnings (TTM)

577.7M

Earnings Growth (Yr)

-13.16%

Earnings Growth (Qtr)

11.79%

Breaking Down IEX Revenue

52 Week Range

197.79229.34
(Low)(High)

Last 7 days

0.6%

Last 30 days

-7.4%

Last 90 days

-0.3%

Trailing 12 Months

5.3%

How does IEX drawdown profile look like?

IEX Financial Health

Current Ratio

3.37

Debt/Equity

0.37

Debt/Cashflow

0.55

IEX Investor Care

Dividend Yield

1.43%

Dividend/Share (TTM)

3.16

Shares Dilution (1Y)

0.16%

Diluted EPS (TTM)

7.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.2B000
20233.3B3.3B3.3B3.3B
20222.9B3.0B3.1B3.2B
20212.4B2.5B2.7B2.8B
20202.5B2.4B2.3B2.4B
20192.5B2.5B2.5B2.5B
20182.3B2.4B2.5B2.5B
20172.2B2.2B2.2B2.3B
20162.0B2.1B2.1B2.1B
20152.1B2.1B2.1B2.0B
20142.1B2.1B2.1B2.1B
20132.0B2.0B2.0B2.0B
20121.9B1.9B1.9B2.0B
20111.6B1.7B1.8B1.8B
20101.4B1.4B1.5B1.5B
200901.4B1.4B1.3B
20080001.5B
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Tracking the Latest Insider Buys and Sells of IDEX Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 13, 2024
flores melissa s
acquired
93,738
226
413
svp, chro
Feb 13, 2024
anderson lisa m
sold (taxes)
-23,150
226
-102
svp, general counsel &corp sec
Feb 13, 2024
ashleman eric d
sold (taxes)
-474,367
226
-2,090
ceo and president
Feb 13, 2024
anderson lisa m
acquired
46,528
226
205
svp, general counsel &corp sec
Feb 13, 2024
ashleman eric d
acquired
1,065,620
226
4,695
ceo and president
Feb 13, 2024
flores melissa s
sold (taxes)
-46,528
226
-205
svp, chro
Nov 20, 2023
khandelwal abhishek
acquired
1,000,130
195
5,110
svp, chief financial officer
Aug 29, 2023
lausas allison s
acquired
501,006
227
2,200
vp, chief accounting officer
May 25, 2023
beck mark a
acquired
-
-
770
-
May 25, 2023
watts stanfield paris
acquired
-
-
770
-

1–10 of 50

Which funds bought or sold IEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
May 06, 2024
DUALITY ADVISERS, LP
reduced
-66.73
-3,471,090
2,073,680
0.20%
May 06, 2024
Investors Research Corp
unchanged
-
1,050
9,517
-%
May 06, 2024
Manchester Capital Management LLC
reduced
-3.23
590
7,321
-%
May 06, 2024
HighTower Advisors, LLC
reduced
-7.52
97,000
3,142,000
-%
May 06, 2024
DiNuzzo Private Wealth, Inc.
reduced
-10.00
25.00
2,197
-%
May 06, 2024
Advisory Services Network, LLC
sold off
-100
-35,201
-
-%
May 06, 2024
NEW YORK LIFE INVESTMENT MANAGEMENT LLC
reduced
-3.64
194,808
2,542,200
0.03%
May 06, 2024
Envestnet Portfolio Solutions, Inc.
reduced
-1.97
130,171
1,409,830
-%
May 06, 2024
Advisory Alpha, LLC
unchanged
-
37,943
344,068
0.01%
May 06, 2024
Empowered Funds, LLC
new
-
273,546
273,546
-%

1–10 of 50

Are Funds Buying or Selling IEX?

Are funds buying IEX calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own IEX
No. of Funds

Unveiling IDEX Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.14%
9,180,201
SC 13G/A
Feb 12, 2024
price t rowe associates inc /md/
9.8%
7,409,706
SC 13G
Feb 12, 2024
price t rowe associates inc /md/
10.0%
7,566,382
SC 13G/A
Jan 25, 2024
blackrock inc.
8.0%
6,068,198
SC 13G/A
Feb 09, 2023
vanguard group inc
12.46%
9,394,748
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
6,232,051
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
4.9%
3,790,134
SC 13G/A
Feb 10, 2022
vanguard group inc
11.51%
8,749,719
SC 13G/A
Feb 01, 2022
blackrock inc.
8.0%
6,060,157
SC 13G/A
Feb 16, 2021
capital world investors
2.8%
2,104,510
SC 13G/A

Recent SEC filings of IDEX Corp

View All Filings
Date Filed Form Type Document
May 07, 2024
S-8
Employee Benefits Plan
Apr 24, 2024
10-Q
Quarterly Report
Apr 24, 2024
8-K
Current Report
Apr 05, 2024
PX14A6G
PX14A6G
Mar 26, 2024
ARS
ARS
Mar 26, 2024
DEF 14A
DEF 14A
Mar 26, 2024
DEFA14A
DEFA14A
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading

Peers (Alternatives to IDEX Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
184.9B
69.5B
8.06% 67.36%
52.66
2.66
16.04% -60.91%
170.3B
67.0B
-9.08% 60.56%
15.15
2.54
8.59% 58.17%
39.3B
34.0B
-4.51% 28.32%
19.04
1.15
12.85% -19.64%
39.3B
6.7B
-6.90% 16.98%
29.78
5.83
7.11% 10.53%
12.7B
15.3B
-4.38% 12.87%
-919.7
0.83
13.36% -103.70%
MID-CAP
10.4B
6.9B
-3.72% 71.49%
60.31
1.5
3.19% 62.26%
6.6B
15.5B
-9.24% 41.30%
21.65
0.43
7.53% 3145.00%
6.4B
4.4B
1.21% 34.95%
27.24
1.44
17.31% 1.26%
4.3B
2.4B
5.11% 29.61%
29.91
1.81
4.48% -49.27%
2.3B
1.7B
-11.20% 6.69%
17.34
1.37
8.96% 15.52%
SMALL-CAP
1.2B
1.4B
-1.11% -47.47%
19.9
0.83
-13.54% -25.70%
860.7M
573.3M
29.46% 61.61%
26.6
1.5
26.00% -2.24%
813.9M
35.8M
-41.18% -39.08%
-0.86
22.71
-27.93% -18.06%
415.9M
135.4M
5.46% 246.92%
-25.36
3.07
-25.90% 65.37%
260.9M
99.2M
23.04% 300.51%
-21.3
2.63
-3.69% -37.37%

IDEX Corp News

Latest updates
Defense World • 8 hours ago
Defense World • 05 May 2024 • 10:08 am
MarketWatch • 02 May 2024 • 09:14 pm
Seeking Alpha • 20 Apr 2024 • 07:00 am

IDEX Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.5%801789793846845811824796751715712686652615581561594606624642622
Gross Profit6.1%357337350378383346382357343314312306293269252235272267282292284
  S&GA Expenses12.4%195174166174190169162168154152147145135125117120132126128135136
EBITDA Margin-1.6%0.26*0.27*0.27*0.26*0.26*0.26*0.27*0.25*0.25*0.24*0.24*0.24*---------
Interest Expenses-19.0%9.0012.0014.0013.0013.0012.0010.0010.0010.0010.0010.0011.0011.0011.0011.0012.0011.0011.0011.0011.0011.00
Income Taxes4.1%33.0032.0053.0040.0040.0034.0050.0039.0041.0035.0035.0028.0033.0029.0017.0021.0026.0025.0024.0031.0027.00
Earnings Before Taxes10.2%15514026217918016422817718015315113014613012192.00127122129145137
EBT Margin-2.0%0.23*0.23*0.24*0.23*0.23*0.24*0.24*0.22*0.21*0.21*0.21*0.21*---------
Net Income11.8%12110920913914013017913814011911610211310110471.0010297.00105113110
Net Income Margin-1.7%0.18*0.18*0.19*0.18*0.18*0.18*0.19*0.17*0.17*0.16*0.16*0.17*---------
Free Cashflow-23.9%13717920712012114718297.0064.00136142120---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.4%5,8895,8655,6705,7205,6585,5124,8934,9135,0004,9174,8554,7834,4614,4144,2264,0743,9443,8143,7143,6403,551
  Current Assets7.5%1,5551,4461,5181,4881,5251,3991,6351,5511,6811,6781,5831,4941,6511,6571,5211,3971,2891,2611,1911,2171,129
    Cash Equivalents15.3%6165345634575114306815587338558077149581,026878746569633516543456
  Inventory1.2%426421447483498471455457429370354360305290302325341293303301298
  Net PPE-0.5%428430422422397382304323326327315313303298293282283280273275272
  Goodwill-1.2%2,8032,8382,6772,7142,6582,6382,1912,2392,2142,1682,1972,2111,9291,8961,864------
Liabilities-2.3%2,2712,3242,2822,4412,4292,4722,0902,1252,1012,1142,1282,1101,8511,8741,8291,8131,7141,5511,5511,5281,496
  Current Liabilities-7.9%461500488487492544507514468480469450378399410401367358371362339
  Short Term Borrowings--------------0.00---0.00---
  Long Term Debt-0.2%1,3231,3251,3211,4721,4711,4691,1911,1911,1911,1901,1901,1901,0451,0441,0441,044999849849849848
    LT Debt, Current16.7%1.001.001.00------------------
    LT Debt, Non Current-0.2%1,3231,3251,3211,4721,4711,4691,1911,1911,1911,1901,1901,1901,0451,0441,0441,044999849849849848
Shareholder's Equity2.2%3,6193,5413,3873,2793,2303,0402,8032,7882,8992,8032,7262,6732,6102,5402,3972,2612,2302,2632,1632,1122,055
  Retained Earnings3.1%4,0563,9343,8743,7133,6723,5323,4473,3143,2673,1273,0492,9742,9542,8422,7782,7122,7172,6152,5562,4902,452
  Additional Paid-In Capital1.5%852839836834830817812809802796791786781775778773767760755749744
Accumulated Depreciation1.9%556546540539529517---------------
Shares Outstanding0.1%76.0076.0076.0076.0076.0076.0075.0076.0076.0076.0076.0076.00---------
Minority Interest-50.0%-0.30-0.200.000.000.000.00-0.20-0.20-0.10-0.000.000.000.00-------
Float----16,268---13,719---16,711---11,867---12,994-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-22.1%156,600201,000226,600141,200147,900167,300198,100112,30079,700163,100156,600136,300109,300161,401153,686169,45384,760151,198157,064131,17588,663
  Share Based Compensation168.8%12,5004,6501,1001,50012,8008,3008002,8006,6007,7001,9001,9006,200-1,3962,2842,2246,7305,8672,2112,0767,560
Cashflow From Investing89.7%-20,000-193,80086,600-147,400-29,200-692,80035,700-135,700-124,400-73,900-14,900-489,800-119,500-16,995-15,159-6,726-133,720-14,411-98,128-12,020-12,441
Cashflow From Financing29.3%-41,000-58,000-194,700-46,800-45,200236,800-77,500-125,800-71,300-34,100-39,400104,400-40,400-21,792-22,8589,852-7,802-34,929-74,043-31,647-86,981
  Dividend Payments0.2%48,50048,40048,40048,40045,50045,20045,30045,50041,40040,80041,10041,10038,10037,55237,75037,76238,73637,97337,94437,83733,446
  Buy Backs-100.0%-23,1001001,000----26,300-----42.00-1,435108,90732.00-3,87150,797
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IEX Income Statement

2024-03-31
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]  
Net sales$ 800.5$ 845.4
Cost of sales443.1462.9
Gross profit357.4382.5
Selling, general and administrative expenses195.1189.7
Restructuring expenses and asset impairments1.10.5
Operating income161.2192.3
Other (income) expense - net(2.7)(0.6)
Interest expense - net9.413.1
Income before income taxes154.5179.8
Provision for income taxes33.240.0
Net income121.3139.8
Net loss attributable to noncontrolling interest0.10.0
Net income attributable to IDEX$ 121.4$ 139.8
Earnings per common share:  
Basic earnings per common share attributable to IDEX (in dollars per share)$ 1.60$ 1.85
Diluted earnings per common share attributable to IDEX (in dollars per share)$ 1.60$ 1.84
Share data:  
Basic weighted average common shares outstanding (in shares)75.775.6
Diluted weighted average common shares outstanding (in shares)75.975.9

IEX Balance Sheet

2024-03-31
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets  
Cash and cash equivalents$ 616.3$ 534.3
Receivables - net437.9427.8
Inventories - net426.0420.8
Other current assets74.363.4
Total current assets1,554.51,446.3
Property, plant and equipment - net of accumulated depreciation of $556.1 and $545.7, respectively428.2430.3
Goodwill2,803.02,838.3
Intangible assets - net969.11,011.8
Other noncurrent assets134.6138.5
Total assets5,889.45,865.2
Current liabilities  
Trade accounts payable185.8179.7
Accrued expenses274.1271.5
Current portion of long-term borrowings0.70.6
Dividends payable0.048.5
Total current liabilities460.6500.3
Long-term borrowings - net1,322.91,325.1
Deferred income taxes286.0291.9
Other noncurrent liabilities201.6206.7
Total liabilities2,271.12,324.0
Commitments and contingencies (Note 14)
Preferred stock:  
Authorized: 5.0 million shares, $.01 per share par value; Issued: None0.00.0
Common stock:  
Authorized: 150,000,000 shares, $.01 per share par value Issued: 90.1 million shares at March 31, 2024 and 90.1 million shares at December 31, 20230.90.9
Treasury stock at cost: 14.2 million shares at March 31, 2024 and 14.3 million shares at December 31, 2023(1,179.3)(1,187.0)
Additional paid-in capital851.5839.0
Retained earnings4,055.73,934.3
Accumulated other comprehensive loss(110.2)(45.8)
Total shareholders’ equity3,618.63,541.4
Noncontrolling interest(0.3)(0.2)
Total equity3,618.33,541.2
Total liabilities and equity$ 5,889.4$ 5,865.2
IEX
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, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as 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. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.
 CEO
 WEBSITEidexcorp.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES8868

IDEX Corp Frequently Asked Questions


What is the ticker symbol for IDEX Corp? What does IEX stand for in stocks?

IEX is the stock ticker symbol of IDEX Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IDEX Corp (IEX)?

As of Tue May 07 2024, market cap of IDEX Corp is 16.78 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IEX stock?

You can check IEX's fair value in chart for subscribers.

What is the fair value of IEX stock?

You can check IEX's fair value in chart for subscribers. The fair value of IDEX Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IDEX Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IDEX Corp a good stock to buy?

The fair value guage provides a quick view whether IEX is over valued or under valued. Whether IDEX Corp is cheap or expensive depends on the assumptions which impact IDEX Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IEX.

What is IDEX Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, IEX's PE ratio (Price to Earnings) is 29.05 and Price to Sales (PS) ratio is 5.2. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IDEX Corp's stock?

In the past 10 years, IDEX Corp has provided 0.127 (multiply by 100 for percentage) rate of return.