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IDEX

IEX

IDEX Corporation is a global applied solutions provider that designs and manufactures mission-critical components and specialized engineered products for niche markets.

Market cap
$16.16B+18.1%
Revenue$3.5B+7.5%
Net income$507.7M+6.0%
Free cash flow$611.4M+9.6%
EPS (diluted)$6.76+7.1%
Trailing twelve months · change vs. prior year

Earnings

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$905.4M
EPS estimate$2.11

Financials

Q1 2026

Income statement

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Revenue$886.9M+8.9%
Gross profit$398.1M+7.9%
Operating income$172.4M+21.4%
Net income$120.0M+25.7%
EPS (diluted)$1.61+27.8%

Balance sheet

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Cash & equivalents$591.8M-3.3%
Total debt$1.9B-3.4%
Total equity$4.0B+3.7%
Total assets$6.9B+1.8%

Cash flow

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Operating cash flow$103.7M-1.9%
CapEx$17.7M+23.8%
Free cash flow$86.0M-5.9%

Valuation & ratios

Valuation

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Market cap$16.16B+18.1%
Enterprise value$17.47B+16.5%
P/E31.8×+2.7×
P/S4.6×+0.5×

Profitability

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Gross margin44.4%0.0pp
Operating margin20.7%+0.6pp
Net margin14.4%-0.2pp
FCF margin17.3%+0.3pp

Returns & leverage

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Return on equity12.8%0.0pp
Debt / equity0.5×0.0×
Current ratio3.4×+0.6×

Segments

By geography

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Europe$225.3M+16.7%
Asia$135.7M-0.7%
Other$41.6M+8.3%
North America, excluding U.S.$28.5M-1.0%

By segment

See full
Health & Science Technologies$398.4M+16.7%
Fluid & Metering Technologies$301.5M+3.8%
Fire & Safety/Diversified Products$188.3M+2.2%

Competitors

Profile

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.

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.

GeographiesUnited States, United Kingdom, Germany, Netherlands, China, India, Canada
Customer segmentsHealthcare and Life Sciences, Municipalities, Industrial Manufacturers, Energy and Utilities
Business modelB2B Manufacturing, Engineering-to-order, Short-cycle industrial sales
SuppliersRaw material suppliers (metals, polymers), Electronic component providers, Foundries and casting services
CustomersOriginal Equipment Manufacturers (OEMs), Independent industrial distributors, Public fire and rescue organizations, Retail hardware centers
Listed1989
Employees8.8K
CEOEric D. Ashleman
FilingsSEC EDGAR

Questions, answered.

What is IDEX's market cap?
IDEX (IEX) has a market capitalization of $16.2B and trades on NYSE.
What is IDEX's revenue and profitability?
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.
Who are IDEX's competitors?
IDEX's key competitors include Nordson Corporation, Flowserve Corporation, Danaher Corporation, and others. These companies compete in similar markets and product categories.
Who does IDEX partner with?
IDEX's notable partners include Goldman Sachs.
What subsidiaries does IDEX have?
IDEX's subsidiaries include Viking Pump, Hurst Jaws of Life, Mott Corporation, and others.
Where is IDEX headquartered?
IDEX is headquartered in United States of America and employs approximately 8,800 people. It has been publicly traded since 1989.