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IEX

241.84USD+1.10(+0.46%)Market Closed

IDEX Corp

Market Summary

USD241.84+1.10Market Closed
0.46%

IEX Alerts

IEX Stock Price

RSI Chart

Valuation

Market Cap

16.8B

Price/Earnings

29.23

Price/Sales

5.45

Price/Cashflow

30.42

MarketCap/EBT

22.76

Price/Sales

Profitability

EBT Margin

23.95%

Return on Equity

20.54%

Return on Assets

11.77%

Fundamentals

Revenue

Revenue (TTM)

3.1B

Revenue Y/Y

15.73%

Revenue Q/Q

3.5%

Earnings

Earnings (TTM)

575.7M

Earnings Y/Y

54.4%

Earnings Q/Q

29.31%

Price Action

52 Week Range

171.10243.51
(Low)(High)

Last 7 days

2.2%

Last 30 days

10.7%

Last 90 days

21.3%

Trailing 12 Months

7.2%

Financial Health

Current Ratio

3.23

Debt/Equity

0.43

Debt/Cashflow

0.46

Investor Care

Dividend Yield

1.61%

Dividend/Share (TTM)

3.6

Buy Backs (1Y)

0.80%

Diluted EPS (TTM)

7.55

Peers (Alternatives to IDEX)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
65.8B
15.6B
8.93% -0.53%
24.83
4.2
9.75% -0.82%
20.3B
5.7B
11.21% -7.80%
30.76
3.68
4.14% 61.55%
18.5B
5.3B
9.17% -4.43%
43.88
3.54
1.79% 9.35%
16.8B
3.1B
10.72% 7.24%
29.23
5.45
15.80% 33.34%
11.7B
2.1B
3.37% -5.94%
25.73
5.5
10.93% 4.69%
MID-CAP
7.0B
3.3B
7.42% 7.63%
21.11
2.12
15.86% 16.00%
6.4B
2.8B
13.80% -11.33%
18.69
2.25
5.38% 424.65%
3.7B
3.5B
14.90% 6.75%
39.27
1.07
-3.08% -49.16%
SMALL-CAP
1.4B
116.9M
-8.17% 9.87%
120.09
13.3
20.80% 25.11%
716.8M
469.2M
3.00% -37.24%
32.77
1.72
27.97% -49.16%
179.1M
251.1M
-15.34% -7.67%
22.12
0.74
14.10% 117.40%
102.3M
491.1M
-14.83% -60.88%
-6.91
0.21
1.00% -108.69%
93.4M
234.3M
7.68% -26.76%
-8.35
0.4
24.07% -1085.30%

Financials for IDEX

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue3.8%3,0862,9742,8642,7652,665
Gross Profit5.3%1,3951,3251,2741,2251,179
  S&GA Expenses2.4%635620598578552
  R&D Expenses-50
Earnings Before Taxes11.7%739662615580556
Net Income12.3%576513477449432
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-0.4%4,8934,9135,0004,9174,855
  Current Assets5.4%1,6351,5511,6811,6781,583
    Cash Equivalents22.0%681558733855806
  Inventory-0.5%455457429370354
  Net PPE-6.1%304323326327315
  Goodwill-2.1%2,1912,2392,2142,1682,197
Liabilities-1.6%2,0902,1252,1012,1142,128
  Current Liabilities-1.4%507514468480469
.    Short Term Borrowings------
  Long Term Debt0%1,2001,2001,2001,2001,200
    LT Debt, Current-100.0%-0---
    LT Debt, Non Current0.0%1,1911,1911,1911,1901,190
Shareholder's Equity0.5%2,8032,7882,8992,8032,726
  Retained Earnings4.0%3,4473,3143,2673,1273,049
  Additional Paid-In Capital0.9%809802796791-
Accumulated Depreciation-505----
Shares Outstanding-0.4%767676--
Minority Interest0%-0.20-0.20-0.10-0
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations8.1%553512536565564
  Share Based Compensation-22.1%1823192012
Cashflow From Investing14.5%-298.33-348.90-703.00-698.10-641.16
Cashflow From Financing-14.1%-308.65-270.60-40.40-9.503
  Dividend Payments2.7%169164161158
  Buy Backs32.5%1461102600
* denotes actual numbers (not divided by Millions)

Risks

What is the probability of a big loss on IEX?

46.5%


Probability that IDEX stock will be more than 20% underwater in next one year

18.5%


Probability that IDEX stock will be more than 30% underwater in next one year.

0%


Probability that IDEX stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does IEX drawdown profile look like?

Y-axis is the maximum loss one would have experienced if IDEX was unfortunately bought at previous high price.

Returns

Cumulative Returns on IEX

20%


10-Year Cumulative Returns

18.9%


7-Year Cumulative Returns

13.9%


5-Year Cumulative Returns

16.6%


3-Year Cumulative Returns

What are the long-term rolling returns for IEX?

FIve years rolling returns for IDEX.

Which funds bought or sold IEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-23
Toroso Investments, LLC
ADDED
0.9
116,000
1,165,000
0.05%
2022-11-23
Eagle Bay Advisors LLC
ADDED
2.62
10,716
87,000
0.05%
2022-11-22
CVA Family Office, LLC
UNCHANGED
-
2,000
23,000
0.01%
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
8,837,000
8,837,000
0.10%
2022-11-21
DEARBORN PARTNERS LLC
NEW
-
200,000
200,000
0.01%
2022-11-21
FourThought Financial, LLC
ADDED
9.83
25,000
143,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.29
1,990,000
25,084,000
0.04%
2022-11-18
National Pension Service
REDUCED
-8.28
252,000
22,661,000
0.05%
2022-11-17
M&T Bank Corp
REDUCED
-10.02
76,000
4,137,000
0.02%
2022-11-17
CENTRAL TRUST Co
REDUCED
-11.66
-2,000
79,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying IEX calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own IEX

IDEX News

MarketBeat

IDEX Co. (NYSE:IEX) Short Interest Up 10.2% in November.26 hours ago

IEX Fair Value

IDEX fair value in different scenarios

The table shows the Fair Value estimates for IDEX for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

89.61

-62.95%

131.63

-45.57%

163.23

-32.50%

206.72

-14.52%

250.65

3.64%

Current Inflation

82.58

-65.85%

118.05

-51.19%

143.78

-40.55%

180.40

-25.41%

216.80

-10.35%

Very High Inflation

73.93

-69.43%

101.97

-57.84%

121.26

-49.86%

150.17

-37.91%

178.29

-26.28%

Historical IDEX Fair Value Estimates


Recent SEC filings of IDEX

View All Filings
Date Filed Form Type Document
Nov 18, 2022
8-K
Current Report
Nov 17, 2022
8-K
Current Report
Nov 02, 2022
4
Insider Trading
Nov 02, 2022
8-K
Current Report
Nov 01, 2022
4/A
Insider Trading
Nov 01, 2022
4/A
Insider Trading
Oct 31, 2022
4
Insider Trading
Oct 31, 2022
4
Insider Trading
Oct 31, 2022
4/A
Insider Trading
Oct 26, 2022
8-K
Current Report

Latest Insider Trading transactions for IEX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-02
SATTERTHWAITE LIVINGSTON
SOLD
-684,766
222.688
-3,075
-
2022-11-02
SATTERTHWAITE LIVINGSTON
ACQUIRED
155,134
50.45
3,075
-
2022-10-28
Grogan William K
SOLD
-42,529.4
50.45
-843
SVP, Chief Financial Officer
2022-10-28
Grogan William K
ACQUIRED
186,923
221.735
843
SVP, Chief Financial Officer
2022-10-28
ASHLEMAN ERIC D
ACQUIRED
3,470,390
218.98
15,848
CEO and President
2022-10-28
Grogan William K
ACQUIRED
42,529.4
50.45
843
SVP, Chief Financial Officer
2022-10-28
ASHLEMAN ERIC D
SOLD
-3,470,390
218.979
-15,848
CEO and President
2022-10-28
Grogan William K
SOLD
-186,923
221.735
-843
SVP, Chief Financial Officer
2022-10-28
ASHLEMAN ERIC D
SOLD
-1,369,780
86.4323
-15,848
CEO and President

1–10 of 50

Eric D. Ashleman
7540
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, precision photonic solutions, and precision gear and peristaltic pump technologies. This segment serves food and beverage, pharmaceutical and biopharmaceutical, cosmetics, marine, chemical, wastewater and water treatment, life sciences, research, and defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.

IEX Income Statement

2022-09-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Income Statement [Abstract]    
Net sales$ 824.0$ 712.0$ 2,371.2$ 2,050.0
Cost of sales442.2400.41,290.01,139.7
Gross profit381.8311.61,081.2910.3
Selling, general and administrative expenses161.9147.2483.7426.7
Restructuring expenses and asset impairments17.73.221.18.6
Operating income202.2161.2576.4475.0
Gain on sale of business(34.8)0.0(34.8)0.0
Other (income) expense - net(1.0)0.6(3.3)17.0
Interest expense9.69.528.631.4
Income before income taxes228.4151.1585.9426.6
Provision for income taxes49.735.4129.296.0
Net income178.7115.7456.7330.6
Net loss attributable to noncontrolling interest0.00.00.20.0
Net income attributable to IDEX$ 178.7$ 115.7$ 456.9$ 330.6
Earnings per common share:    
Basic earnings per common share attributable to IDEX (in dollars per share)$ 2.37$ 1.52$ 6.02$ 4.35
Diluted earnings per common share attributable to IDEX (in dollars per share)$ 2.36$ 1.51$ 6.00$ 4.33
Share data:    
Basic weighted average common shares outstanding (in shares)75.476.075.876.0
Diluted weighted average common shares outstanding (in shares)75.876.576.176.4

IEX Balance Sheet

2022-09-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 680.7$ 855.4
Receivables, less allowance for doubtful accounts of $8.0 at September 30, 2022 and $7.2 at December 31, 2021406.1356.4
Inventories455.3370.4
Other current assets92.995.8
Total current assets1,635.01,678.0
Property, plant and equipment - net303.5327.3
Goodwill2,191.22,167.7
Intangible assets - net628.6597.3
Other noncurrent assets134.3146.9
Total assets4,892.64,917.2
Current liabilities  
Trade accounts payable196.6178.8
Accrued expenses264.6259.8
Dividends payable45.341.4
Total current liabilities506.5480.0
Long-term borrowings1,191.11,190.3
Deferred income taxes185.7196.4
Other noncurrent liabilities206.7247.4
Total liabilities2,090.02,114.1
Commitments and contingencies
Preferred stock:  
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None0.00.0
Common stock:  
Authorized: 150,000,000 shares, $.01 per share par value, Issued: 90,071,346 shares at September 30, 2022 and 90,067,996 shares at December 31, 20210.90.9
Additional paid-in capital812.0795.6
Retained earnings3,447.13,126.5
Treasury stock at cost: 14,543,722 shares at September 30, 2022 and 13,872,555 shares at December 31, 2021(1,193.1)(1,050.3)
Accumulated other comprehensive loss(264.1)(69.6)
Total shareholders’ equity2,802.82,803.1
Noncontrolling interest(0.2)0.0
Total equity2,802.62,803.1
Total liabilities and equity$ 4,892.6$ 4,917.2