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IDEX

IEXNYSEStock Fundamentals

IDEX Corporation is a global applied solutions provider that designs and manufactures mission-critical components and specialized engineered products for niche markets. The company operates through a diverse family of over 50 autonomous businesses, leveraging a decentralized structure to solve complex technology problems in fluidics, optics, and fire safety. Its core value proposition centers on high-performance engineering and the integration of strategic acquisitions to serve essential everyday life applications.

Market Cap$15.5B
Revenue TTM$3.5B
Net Income TTM$507.7M
P/E Ratio30.62
Net Margin14.38%
EPS TTM$6.76
Free Cash Flow TTM$611.4M
Employees8.8K
CEOEric D. Ashleman
CountryUnited States of America
Industrials
Industrial - Machinery
SegmentsIndustrial Machinery, Life Sciences Tools & Services, Water Management, Aerospace & Defense
Business ModelsB2B Manufacturing, Engineering-to-order, Short-cycle industrial sales
Most Recent EarningsApr 29, 2026 · 1 month 3 days agoQ1 2026
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Next EarningsJul 29, 2026 · in 2 monthsBefore Market Open · Q2 2026

Financials

Based on Q1 2026 filing

Gross Margin44.42%
Op. Margin20.67%
ROE12.76%
D/E46.9%
Current Ratio3.39
Total Debt$1.9B
Cash$591.8M
CapEx TTM$67.0M

Gross Profit

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Net Income

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Operating Cash Flow

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Free Cash Flow

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EPS (Diluted)

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Business Segments

Health & Science Technologies (HST)

primary

This segment provides high-precision fluidics, optics, and material processing solutions for life sciences and advanced industrial applications. It focuses on the movement of liquids and gases in critical environments, including medical diagnostics and semiconductor manufacturing.

Products

IDEX Health & Science Life Science Fluidics, thinXXS Microtechnology, Micro-LAM optical assemblies, Mott sintered porous metal components, Gast air compressors, Microfluidizer high shear fluid processors, Quadro milling equipment

Customers

Life science researchers, Medical device manufacturers, Semiconductor equipment makers, Pharmaceutical companies, Aerospace and defense contractors

Fluid & Metering Technologies (FMT)

major

FMT designs and manufactures positive displacement pumps, flow meters, and integrated systems for managing high-value fluids. These solutions are used for precise dosing, water infrastructure monitoring, and energy fuel distribution.

Products

Viking Pump internal gear pumps, Sandpiper air-operated double diaphragm pumps, ADS wastewater monitoring systems, Liquid Controls flow meters, Pulsafeeder diaphragm pumps, Banjo valves and fittings, Richter fluoroplastic lined pumps

Customers

Chemical processors, Municipal water authorities, Oil and gas distributors, Agricultural equipment users, Food and beverage manufacturers

Fire & Safety/Diversified Products (FSDP)

moderate

This segment produces specialized equipment for emergency services and industrial clamping, as well as precision dispensing systems for the architectural paint market.

Products

Hurst Jaws of Life rescue equipment, Akron Brass nozzles and monitors, Hale fire pumps, BAND-IT stainless steel clamping systems, Dispensing colorant mixers

Customers

Fire departments, Rescue organizations, Automotive manufacturers, Retail paint stores, Utility companies

Segment Financials

Health & Science Technologies — Net Sales

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HST — Total capital expenditures

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Health & Science Technologies — Cost of Sales

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Fluid & Metering Technologies — Net Sales

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Fluid & Metering Technologies — Cost of Sales

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Fluid & Metering Technologies — Depreciation

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Fire & Safety/Diversified Products — Net Sales

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Fire & Safety/Diversified Products — Cost of Sales

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Fire & Safety/Diversified Products — Other segment expenses

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Business Overview

Competitive Position

IDEX maintains a leading position in highly fragmented niche markets by focusing on mission-critical, low-volume, high-variability components where engineering expertise is a significant barrier to entry.

Geographies

United States, United Kingdom, Germany, Netherlands, China, India, Canada

Customer Segments

Healthcare and Life Sciences, Municipalities, Industrial Manufacturers, Energy and Utilities

Upstream Dependencies

Raw material suppliers (metals, polymers), Electronic component providers, Foundries and casting services

Downstream Customers

Original Equipment Manufacturers (OEMs), Independent industrial distributors, Public fire and rescue organizations, Retail hardware centers

Competitors & Partners

Subsidiaries

V

Viking Pump

Global leader in pumping solutions for industrial and hygienic applications

H

Hurst Jaws of Life

Manufacturer of hydraulic and battery-operated rescue equipment

M

Mott Corporation

Specialist in sintered porous metal components and engineered solutions

M

Micro-LAM

Acquired in July 2025, specializes in precision substrate forming and optical coatings

A

Akron Brass

Producer of fire fighting nozzles, monitors, and valves

IDEX logo

IDEX FAQ

Common questions about IDEX

IDEX Corporation is a global applied solutions provider that designs and manufactures mission-critical components and specialized engineered products for niche markets. The company operates through a diverse family of over 50 autonomous businesses, leveraging a decentralized structure to solve complex technology problems in fluidics, optics, and fire safety. Its core value proposition centers on high-performance engineering and the integration of strategic acquisitions to serve essential everyday life applications.

IDEX (IEX) has a market capitalization of $15.5B and trades on NYSE.

IDEX generated $3.5B in trailing twelve-month revenue with net income of $507.7M, representing a net margin of 14.4%. Gross margin stands at 44.4%, with free cash flow of $611.4M. These figures are based on the Q1 2026 filing.

IDEX's key competitors include Nordson Corporation, Ingersoll Rand Inc. Common Stock, Dover Corporation, and others. These companies compete in similar markets and product categories.

IDEX has approximately 8,800 employees.