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IDEX IEX FMT — Goodwill

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$2.24B+4.0%
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Other financials

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

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Market cap$16.55B+18.1%
Enterprise value$17.86B+16.6%
P/E32.6×+2.8×
P/S4.7×+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×

Where this comes from

Reported directly by IDEX in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: IDEX’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is IDEX's FMT — goodwill?
IDEX (IEX) reported FMT — goodwill of $777.7M in Q1 2026.
How has IDEX's FMT — goodwill changed year-over-year?
IDEX's FMT — goodwill increased by 1.1% year-over-year, from $769.3M to $777.7M.
What is the long-term trend for IDEX's FMT — goodwill?
Over 4 years (2021 to 2025), IDEX's FMT — goodwill has grown at a 2.8% compound annual growth rate (CAGR), from $2.79B to $3.11B.
What does FMT — goodwill mean?
Represents the premium paid over the fair value of net identifiable assets during business combinations within the Fluid and Metering Technologies segment. It reflects the value of intangible assets like brand reputation, customer relationships, and proprietary technology that are not separately identifiable.