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IDEX Corp Stock Research

IEX

219.12USD+3.32(+1.54%)Market Closed

Market Summary

USD219.12+3.32
Market Closed
1.54%

IEX Alerts

IEX Stock Price

IEX RSI Chart

IEX Valuation

Market Cap

16.5B

Price/Earnings (Trailing)

28.15

Price/Sales (Trailing)

5.19

EV/EBITDA

20.57

Price/Free Cashflow

33.76

IEX Price/Sales (Trailing)

IEX Profitability

EBT Margin

23.55%

Return on Equity

19.31%

Return on Assets

10.65%

Free Cashflow Yield

2.96%

IEX Fundamentals

IEX Revenue

Revenue (TTM)

3.2B

Revenue Y/Y

13.42%

Revenue Q/Q

-1.61%

IEX Earnings

Earnings (TTM)

586.9M

Earnings Y/Y

9.43%

Earnings Q/Q

-27.25%

Price Action

52 Week Range

171.10243.94
(Low)(High)

Last 7 days

-3.4%

Last 30 days

-4.8%

Last 90 days

-6%

Trailing 12 Months

13.1%

IEX Financial Health

Current Ratio

2.57

Debt/Equity

0.39

Debt/Cashflow

0.46

IEX Investor Care

Dividend Yield

1.1%

Dividend/Share (TTM)

2.4

Buy Backs (1Y)

0.79%

Diluted EPS (TTM)

7.71

Peers (Alternatives to IDEX)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
ITW
70.3B
15.9B
 -4.56% 11.77%
23.16
4.41
 10.22% 12.62%
IR
21.7B
5.9B
 -7.82% 9.45%
35.84
3.66
 14.83% 7.50%
XYL
17.5B
5.5B
 -9.89% 14.00%
49.32
3.17
 6.29% -16.86%
IEX
16.5B
3.2B
 -4.80% 13.07%
28.15
5.19
 15.09% 30.60%
GGG
11.4B
2.1B
 -6.77% -1.61%
24.78
5.33
 7.84% 4.72%
MID-CAP
DCI
7.8B
3.4B
 -1.96% 20.78%
21.96
2.29
 10.23% 12.47%
ITT
6.8B
3.0B
 -14.00% 4.81%
18.5
2.27
 8.05% 16.03%
FLS
4.1B
3.6B
 -13.45% -3.25%
21.49
1.12
 2.09% 49.85%
SMALL-CAP
ERII
1.2B
125.6M
 -4.27% 16.06%
51.42
9.85
 20.87% 68.54%
GRC
612.4M
521.0M
 -16.41% -33.72%
54.71
1.18
 37.72% -62.50%
TWIN
135.9M
254.5M
 -11.06% -31.43%
14.75
0.53
 9.95% 139.59%
MNTX
106.4M
273.9M
 -12.26% -29.53%
-21.7
0.39
 29.46% -7.17%
NNBR
54.9M
491.1M
 -41.74% -56.95%
-4.02
0.11
 1.00% -108.69%

Financials for IDEX

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue3.1%3,1823,0862,9742,8642,765
Gross Profit2.3%1,4271,3951,3251,2741,225
  S&GA Expenses2.8%653635621598578
  R&D Expenses-50.00----
EBITDA1.5%841829747759-
EBITDA Margin-1.6%0.26*0.27*0.25*0.26*-
Earnings Before Taxes1.4%749739662615580
EBT Margin-1.7%0.24*0.24*0.22*0.21*-
Interest Expenses6.5%41.0038.0038.0040.0041.00
Net Income2.0%587576513477449
Net Income Margin-1.1%0.18*0.19*0.17*0.17*-
Free Cahsflow2.4%489478438462-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets12.7%5,5124,8934,9135,0004,917
  Current Assets-14.4%1,3991,6351,5511,6811,678
    Cash Equivalents-36.8%430681558733855
  Inventory3.4%471455457429370
  Net PPE25.9%382304323326327
  Goodwill20.4%2,6382,1912,2392,2142,168
Liabilities18.3%2,4722,0902,1252,1012,114
  Current Liabilities7.3%544507514468480
.    Short Term Borrowings------
  Long Term Debt0%1,2001,2001,2001,200-
    LT Debt, Current------
    LT Debt, Non Current23.3%1,4691,1911,1911,1911,190
Shareholder's Equity8.4%3,0392,8032,7882,8992,803
  Retained Earnings2.5%3,5323,4473,3143,2673,127
  Additional Paid-In Capital0.6%817812809802796
Accumulated Depreciation-505----
Shares Outstanding-0.5%75.0076.0076.00--
Minority Interest250.0%0.00-0.20-0.20-0.10-
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations0.8%557553512536565
  Share Based Compensation0.9%22.0021.0023.0021.0020.00
Cashflow From Investing-207.5%-917-298-348-703-698
Cashflow From Financing87.8%-37.80-308-270-40.40-9.50
  Dividend Payments2.5%177173169164161
  Buy Backs1.2%14814611026.000.00

Risks for IEX

What is the probability of a big loss on IEX?

48.9%

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.

Drawdowns

Returns for IEX

Cumulative Returns on IEX

16.8%

10-Year Cumulative Returns

16.8%

7-Year Cumulative Returns

9.1%

5-Year Cumulative Returns

19.4%

3-Year Cumulative Returns

What are the long-term rolling returns for IEX?

FIve years rolling returns for IDEX.

Annualized Returns

Which funds bought or sold IEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
added
7.13
3,501,170
19,130,200
 0.02%
2023-03-06
Rockefeller Capital Management L.P.
added
0.54
344,000
2,655,000
 0.01%
2023-02-28
Voya Investment Management LLC
reduced
-1.23
4,799,660
42,176,700
 0.06%
2023-02-27
HARVEY CAPITAL MANAGEMENT INC
new
-
216,914
216,914
 0.09%
2023-02-24
SRS Capital Advisors, Inc.
added
21.05
6,036
21,036
 -%
2023-02-24
National Pension Service
reduced
-2.8
2,455,380
25,116,100
 0.05%
2023-02-24
NATIXIS
reduced
-30.78
-201,488
758,512
 -%
2023-02-22
CVA Family Office, LLC
unchanged
-
3,486
26,486
 0.01%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
unchanged
-
1,259,000
10,096,000
 0.11%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
22.78
6,190
22,190
 -%

1–10 of 48

Latest Funds Activity

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

IEX Alerts

IDEX News

Simply Wall St

If EPS Growth Is Important To You, IDEX (NYSE:IEX) Presents An Opportunity.

Simply Wall St,
15 hours ago

MarketBeat

Bank of New York Mellon Corp Decreases Stock Position in IDEX ....

MarketBeat,
18 hours ago

MarketWatch

Flowserve Corp. stock falls Friday, underperforms market.

MarketWatch,
2 days ago

MarketBeat

DB Fitzpatrick & Co Inc Sells 1604 Shares of IDEX Co. (NYSE:IEX).

MarketBeat,
2 days ago

Investor's Business Daily

IDEX Corp Clears Key Benchmark, Hitting 80-Plus RS Rating.

Investor's Business Daily,
2 days ago

MarketWatch

IDEX Corp. stock rises Tuesday, outperforms market.

MarketWatch,
5 days ago

Nasdaq

Guru Fundamental Report for IEX.

Nasdaq,
7 days ago

Nasdaq

Here's Why Hold Strategy is Beneficial for IDEX (IEX) Stock.

Nasdaq,
10 days ago

MarketBeat

Ergoteles LLC Takes $202000 Position in IDEX Co. (NYSE:IEX).

MarketBeat,
12 days ago

Nasdaq

Notable ETF Inflow Detected - VB, STLD, IEX, FSLR.

Nasdaq,
12 days ago

Seeking Alpha

Sandvik: Not Exactly Outperforming, And Not Exactly 'Cheap ....

Seeking Alpha,
12 days ago

Best Stocks

BlackRock Inc. owns $1.22 billion in IDEX Co. (NYSE:IEX).

Best Stocks,
14 days ago

Nasdaq

Idex (IEX) Down 1.9% Since Last Earnings Report: Can It Rebound?.

Nasdaq,
17 days ago

MarketWatch

Flowserve Corp. stock rises Tuesday, outperforms market.

MarketWatch,
19 days ago

Opto RoW

Can the First Trust Water ETF nourish long-term growth?.

Opto RoW,
20 days ago

Nasdaq

Why This 1 Growth Stock Could Be a Great Addition to Your Portfolio.

Nasdaq,
23 days ago

Schedule 13G FIlings of IDEX

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.46%
9,394,748
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
6,232,051
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
4.9%
3,790,134
SC 13G/A
Feb 10, 2022
vanguard group inc
11.51%
8,749,719
SC 13G/A
Feb 01, 2022
blackrock inc.
8.0%
6,060,157
SC 13G/A
Feb 16, 2021
capital world investors
2.8%
2,104,510
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
7.2%
5,517,459
SC 13G/A
Feb 10, 2021
vanguard group inc
11.13%
8,429,764
SC 13G/A
Jan 29, 2021
blackrock inc.
7.9%
5,954,195
SC 13G/A
Feb 14, 2020
capital world investors
7.5%
5,751,716
SC 13G/A

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

-59.10%

131.63

-39.93%

163.23

-25.51%

206.72

-5.66%

250.65

14.39%
Current Inflation

80.08

-63.45%

107.21

-51.07%

138.95

-36.59%

174.92

-20.17%

203.64

-7.06%
Very High Inflation

73.93

-66.26%

101.97

-53.46%

121.26

-44.66%

150.17

-31.47%

178.29

-18.63%

Historical IDEX Fair Value Estimates

Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of IDEX

View All Filings
Date Filed Form Type Document
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 27, 2023
4
Insider Trading
Feb 23, 2023
10-K
Annual Report
Feb 22, 2023
4
Insider Trading
Feb 22, 2023
4
Insider Trading

Latest Insider Trading transactions for IEX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-21
Flores Melissa S
sold (taxes)
-31,647
231
-137
svp, chro
2023-02-21
Anderson Lisa M
sold (taxes)
-30,954
231
-134
svp, general counsel &corp sec
2023-02-18
ASHLEMAN ERIC D
acquired
2,018,250
231
8,737
ceo and president
2023-02-18
Grogan William K
sold (taxes)
-613,536
231
-2,656
chief financial officer
2023-02-18
Anderson Lisa M
acquired
121,968
231
528
svp, general counsel &corp sec
2023-02-18
Anderson Lisa M
sold (taxes)
-60,060
231
-260
svp, general counsel &corp sec
2023-02-18
ASHLEMAN ERIC D
sold (taxes)
-896,280
231
-3,880
ceo and president
2023-02-18
Grogan William K
acquired
1,384,840
231
5,995
chief financial officer
2023-02-18
Uleman Marc
sold (taxes)
-262,416
231
-1,136
senior vp, group executive hst
2023-02-18
Uleman Marc
acquired
529,683
231
2,293
senior vp, group executive hst

1–10 of 50

About IDEX

Eric D. Ashleman
www.idexcorp.com
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

2022-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Income Statement [Abstract]   
Net sales$ 3,181.9$ 2,764.8$ 2,351.6
Cost of sales1,755.01,540.31,324.2
Gross profit1,426.91,224.51,027.4
Selling, general and administrative expenses652.7578.2494.9
Restructuring expenses and asset impairments22.89.311.8
Operating income751.4637.0520.7
Gain on sale of business(34.8)0.00.0
Other (income) expense - net(3.9)16.25.6
Interest expense40.741.044.8
Income before income taxes749.4579.8470.3
Provision for income taxes162.7130.592.5
Net income586.7449.3377.8
Net loss attributable to noncontrolling interest0.20.10.0
Net income$ 586.9$ 449.4$ 377.8
Earnings per common share:   
Basic earnings per common share attributable to IDEX (in dollar per share)$ 7.74$ 5.91$ 4.98
Diluted earnings per common share attributable to IDEX (in dollar per share)$ 7.71$ 5.88$ 4.94
Share data:   
Basic weighted average common shares outstanding (in shares)75.776.075.7
Diluted weighted average common shares outstanding (in shares)76.076.476.4

IEX Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
Current assets  
Cash and cash equivalents$ 430.2$ 855.4
Receivables - net442.8356.4
Inventories470.9370.4
Other current assets55.495.8
Total current assets1,399.31,678.0
Property, plant and equipment - net382.1327.3
Goodwill2,638.12,167.7
Intangible assets - net947.8597.3
Other noncurrent assets144.6146.9
Total assets5,511.94,917.2
Current liabilities  
Trade accounts payable208.9178.8
Accrued expenses289.1259.8
Dividends payable45.641.4
Total current liabilities543.6480.0
Long-term borrowings1,468.71,190.3
Deferred income taxes264.2196.4
Other noncurrent liabilities195.8247.4
Total liabilities2,472.32,114.1
Commitments and contingencies (Note 11)
Preferred stock:  
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None0.00.0
Common stock:  
Authorized: 150,000,000 shares, $.01 per share par value Issued: 90,064,988 shares at December 31, 2022 and 90,067,996 shares at December 31, 20210.90.9
Additional paid-in capital817.2795.6
Retained earnings3,531.73,126.5
Treasury stock at cost: 14,451,032 shares at December 31, 2022 and 13,872,555 shares at December 31, 2021(1,184.3)(1,050.3)
Accumulated other comprehensive loss(126.2)(69.6)
Total shareholders’ equity3,039.32,803.1
Noncontrolling interest0.30.0
Total equity3,039.62,803.1
Total liabilities and equity$ 5,511.9$ 4,917.2