Idex Corp (IEX)
Industrials · Industrial Machinery & Supplies & Components · US stock · S&P 500 component
$235.55
▼ -0.87 (0.37%)
Fair valueFair
$188 −20.4% to fair value
$94fair band $131–$244$281
Day's range
$233.45 – $239.13
52-week range
$158.42 – $243.03
About Idex Corp
IDEX makes specialised engineered products that control and move fluids, and related equipment. Its range includes pumps, flow meters, dispensing systems, valves and precision components for the life sciences, chemical, food and water industries, as well as rescue tools and equipment for fire departments. Customers are mostly industrial and scientific businesses. It operates through a group of niche businesses organised into fluid and metering, health and science, and fire and safety segments.
The company earns money from the equipment and replacement parts it supplies, with products designed into customers' own machines and processes. Sales were $3.6 billion over the last twelve months, with growth of 2.8% a year across the last three years. The operating margin is 20.7%, and the business earns a profit of 11% on the capital invested in it. Net debt is 1.7 times EBITDA. It pays a dividend with a yield of 1.2%. On the site's X-Ray Score it receives 48 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
Price chart
52-wk range $158.42 – $243.03Volume 655,500Daily, split-adjusted
Vitals
Market cap$17.5B
52-week range$158.42 – $243.03
Volume (last day)655,500
P/E (TTM)33.9
EBIT / EV yield4.0%
Free-cash-flow yield3.7%
Dividend yield1.2%
Revenue (TTM)$3.6B
Net income (TTM)$520M
Operating margin20.7%
Return on capital10.8%
Debt incl. leases$1.9B
Cash & securities$621M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$188model spread $180 – $196
Fair
−20.4% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
Price $236
Undervalued < $131Fair $131 – $244Overvalued > $244
10-year DCF (market-scaled)
$166
Peer multiples
$201
Earnings power floor (not blended)
$76
Fundamentals-adjusted multiple
$195
Growth the price implies
19.6%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
Valuation
Weak
33/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield4.0%
Free-cash-flow yield3.7%
Fair value vs price0.8×
Growth
Weak
37/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)2.8%
EPS growth (3y)-6.0%
Growth consistency80%
Profitability
Weak
47/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital10.8%
Operating margin20.7%
Gross profitability23.1%
Financial health
Strong
77/100
Balance sheet looks strong: debt is well covered.
See the numbers →
Piotroski F-Score8 / 9
Net debt / EBITDA1.7×
Interest coverNo interest cost
Dividends
Fair
52/100
Dividend is typical for its sector.
See the numbers →
Dividend yield1.2%
Dividends vs free cash flow34%
Dividend growth6.2%
Quarterly results: last 6 quarters
+1.7%
Mar '25
+7.2%
Jun '25
+10.1%
Sep '25
+4.2%
Dec '25
+8.9%
Mar '26
+6.4%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $921M, diluted EPS $1.93.
Compare with peers
SNA Snap-on Inc67 PNR PENTAIR plc62 GWW W.W. Grainger, Inc.58 OTIS Otis Worldwide Corp57Other Industrial Machinery & Supplies & Components companies by X-Ray Score.
Fundamentals checklist
● 5 Good · ● 7 Average · ● 4 BadCash quality
Earnings backed by cashAverage
Free-cash-flow yieldAverage
Risk models
Altman Z''Good
Piotroski F-ScoreGood
Growth
EPS growth (3y)Bad
Free-cash-flow growth (3y)Bad
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioGood
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginGood
Gross profitabilityAverage
Each check is graded against the company's sector, not a fixed number. Checklist score 47/100.
Financials
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.2B | $3.3B | $3.3B | $3.5B |
| Operating income | $637M | $751M | $733M | $677M | $699M |
| Net income | $449M | $587M | $596M | $505M | $483M |
| Operating cash flow | $565M | $557M | $717M | $668M | $680M |
| Operating margin | 23.0% | 23.6% | 22.4% | 20.7% | 20.2% |
| Free cash flow | $493M | $489M | $627M | $603M | $617M |
| Diluted EPS | $5.88 | $7.71 | $7.85 | $6.64 | $6.41 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 4 neutral · 0 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 235.4 | Bullish |
| EMA 10 | 234.9 | Bullish |
| SMA 20 | 231.8 | Bullish |
| EMA 20 | 232.6 | Bullish |
| SMA 50 | 230.2 | Bullish |
| EMA 50 | 229.5 | Bullish |
| SMA 100 | 225.9 | Bullish |
| EMA 100 | 224.2 | Bullish |
| SMA 200 | 212.3 | Bullish |
| EMA 200 | 213.7 | Bullish |
Oscillators (daily)
| RSI (14) | 58.02 | Neutral |
| MACD (12, 26) | 2.60 | Bullish |
| Momentum (12) | 3.65 | Bullish |
| Stochastic %K (14) | 64.87 | Neutral |
| Williams %R (14) | -35.13 | Neutral |
| CCI (20) | 78.16 | Neutral |
Pivot points (classic, last session)
S3 227.3 | S2 230.4 | S1 233.0 | Pivot 236.0 | R1 238.6 | R2 241.7 | R3 244.3 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
2.90 USD
Yield on today's price
1.23%
Frequency
Quarterly
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 2 Oct 2026 | 0.7300 |
| 6 Jul 2026 | 0.7300 |
| 22 May 2026 | 0.7300 |
| 16 Jan 2026 | 0.7100 |
| 10 Oct 2025 | 0.7100 |
| 11 Jul 2025 | 0.7100 |
| 19 May 2025 | 0.7100 |
| 17 Jan 2025 | 0.6900 |
| 11 Oct 2024 | 0.6900 |
| 12 Jul 2024 | 0.6900 |
| 16 May 2024 | 0.6900 |
| 11 Jan 2024 | 0.6400 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
IEX SEC filings
3 Sep 2026
8-KSEC EDGAR
Entered a material agreement
17 Aug 2026
8-KSEC EDGAR
Director or officer change
29 Jul 2026
10-QSEC EDGAR
Quarterly report
29 Jul 2026
8-KSEC EDGAR
Results of operations
8 May 2026
8-KSEC EDGAR
Shareholder vote results
29 Apr 2026
10-QSEC EDGAR
Quarterly report
29 Apr 2026
8-KSEC EDGAR
Results of operations
26 Mar 2026
DEF 14ASEC EDGAR
Proxy statement
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.