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IDEX IEX Q4 2024 Annual earnings

Reported February 4, 2025 · After market close

Revenue estimate$866.1M
EPS estimate$2.03

Next report

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

Financials

Q4 2024

Income statement

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Revenue$862.9M+9.4%
Gross profit$367.1M+9.0%
Operating income$165.3M+3.0%
Net income$123.2M+13.4%
EPS (diluted)$1.62+13.3%

Balance sheet

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Cash & equivalents$638.9M+19.6%
Total debt$2.1B+44.4%
Total equity$3.8B+7.2%
Total assets$6.7B+15.0%

Cash flow

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Operating cash flow$172.6M-14.1%
CapEx$15.5M-28.2%
Free cash flow$157.1M-12.4%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$15.85B-3.4%
Enterprise value$17.3B-0.2%
P/E31.4×+3.8×
P/S4.8×-0.2×

Profitability

See full
Gross margin44.2%0.0pp
Operating margin20.7%-1.7pp
Net margin15.4%-2.8pp
FCF margin18.4%-0.7pp

Returns & leverage

See full
Return on equity13.8%-4.3pp
Debt / equity0.6×+0.1×
Current ratio2.5×-0.4×

Segments

By geography

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Europe$198.0M+2.5%
Asia$170.0M+32.3%
Other$39.1M+2.4%
North America, excluding U.S.$39.0M+23.8%

By segment

See full
Health & Science Technologies$373.2M+19.3%
Fluid & Metering Technologies$299.3M+0.1%
Fire & Safety/Diversified Products$192.9M+7.8%

Versus estimates

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Questions, answered.

When did IDEX report Q4 2024 earnings?
IDEX (IEX) reported Q4 2024 earnings on February 4, 2025 after market close.
What were IDEX's Q4 2024 revenue and EPS?
IDEX reported revenue of $862.9M and diluted EPS of $2.04 for Q4 2024.
Did IDEX beat estimates in Q4 2024?
Revenue missed the consensus estimate of $866.1M by $3.2M. EPS beat the consensus estimate of $2.03 by $0.01.
Where can I find IDEX's Q4 2024 SEC filings?
You can read the 10-K periodic report (0000832101-25-000010) directly on SEC EDGAR. The filing index links above go to sec.gov.