StocksFundsScreenerSectorsWatchlists
IEX

IEX - IDEX Corp Stock Price, Fair Value and News

224.58USD-7.69 (-3.31%)Market Closed

Market Summary

IEX
USD224.58-7.69
Market Closed
-3.31%

IEX Stock Price

View Fullscreen

IEX RSI Chart

IEX Valuation

Market Cap

17.2B

Price/Earnings (Trailing)

29.75

Price/Sales (Trailing)

5.32

EV/EBITDA

21.21

Price/Free Cashflow

26.77

IEX Price/Sales (Trailing)

IEX Profitability

EBT Margin

22.76%

Return on Equity

15.97%

Return on Assets

9.81%

Free Cashflow Yield

3.74%

IEX Fundamentals

IEX Revenue

Revenue (TTM)

3.2B

Rev. Growth (Yr)

-5.31%

Rev. Growth (Qtr)

1.47%

IEX Earnings

Earnings (TTM)

577.7M

Earnings Growth (Yr)

-13.16%

Earnings Growth (Qtr)

11.79%

Breaking Down IEX Revenue

Last 7 days

-1.0%

Last 30 days

-7.2%

Last 90 days

8.1%

Trailing 12 Months

4.3%

How does IEX drawdown profile look like?

IEX Financial Health

Current Ratio

3.37

Debt/Equity

0.37

Debt/Cashflow

0.55

IEX Investor Care

Dividend Yield

1.39%

Dividend/Share (TTM)

3.16

Shares Dilution (1Y)

0.13%

Diluted EPS (TTM)

7.61

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20243.2B000
20233.3B3.3B3.3B3.3B
20222.9B3.0B3.1B3.2B
20212.4B2.5B2.7B2.8B
20202.5B2.4B2.3B2.4B
20192.5B2.5B2.5B2.5B
20182.3B2.4B2.5B2.5B
20172.2B2.2B2.2B2.3B
20162.0B2.1B2.1B2.1B
20152.1B2.1B2.1B2.0B
20142.1B2.1B2.1B2.1B
20132.0B2.0B2.0B2.0B
20121.9B1.9B1.9B2.0B
20111.6B1.7B1.8B1.8B
20101.4B1.4B1.5B1.5B
200901.4B1.4B1.3B
20080001.5B
GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed S&P 500 Index

Grufity's Fair Value model takes all the S&P 500 stocks and divides them into separate buckets based on their attractiveness. The 'Very Cheap' bucket of S&P 500 has greatly outperformed S&P 500 Index. Conversely, S&P500 stocks considered 'Very Expensive' by the model underperformed the S&P500 index in the past three years. Grufity Fair Value is available for 2300+ stocks, including 90% of S&P 500 stocks. Grufity's Fair Value Model separates high-return stocks from low-return stocks.

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $17,289
S&P 500 Index: $12,922
Very Expensive Stocks: $11,022


Grufity's Fair Value model does a great job in separating High Performing Stocks from Low Performing ones in the S&P 500 list.

S&P 500 Index
Very Expensive Stocks
Very Cheap Stocks
Try For Just $1.99

Tracking the Latest Insider Buys and Sells of IDEX Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Feb 13, 2024
flores melissa s
acquired
93,738
226
413
svp, chro
Feb 13, 2024
anderson lisa m
sold (taxes)
-23,150
226
-102
svp, general counsel &corp sec
Feb 13, 2024
ashleman eric d
sold (taxes)
-474,367
226
-2,090
ceo and president
Feb 13, 2024
anderson lisa m
acquired
46,528
226
205
svp, general counsel &corp sec
Feb 13, 2024
ashleman eric d
acquired
1,065,620
226
4,695
ceo and president
Feb 13, 2024
flores melissa s
sold (taxes)
-46,528
226
-205
svp, chro
Nov 20, 2023
khandelwal abhishek
acquired
1,000,130
195
5,110
svp, chief financial officer
Aug 29, 2023
lausas allison s
acquired
501,006
227
2,200
vp, chief accounting officer
May 25, 2023
beck mark a
acquired
-
-
770
-
May 25, 2023
watts stanfield paris
acquired
-
-
770
-

1–10 of 50

Which funds bought or sold IEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
Global Retirement Partners, LLC
reduced
-3.69
22,233
178,473
0.01%
Apr 23, 2024
RATIONAL ADVISORS LLC
sold off
-100
-18,671
-
-%
Apr 23, 2024
DUPONT CAPITAL MANAGEMENT CORP
reduced
-14.02
-314,618
9,030,450
0.75%
Apr 23, 2024
DUNCKER STREETT & CO INC
unchanged
-
106,729
966,679
0.19%
Apr 23, 2024
WETZEL INVESTMENT ADVISORS, INC.
unchanged
-
-287
2,713
-%
Apr 23, 2024
FIFTH THIRD BANCORP
added
0.5
50,580
440,944
-%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
2,683
24,394
-%
Apr 23, 2024
Louisiana State Employees Retirement System
reduced
-4.35
74,982
1,073,690
0.02%
Apr 23, 2024
CARDEROCK CAPITAL MANAGEMENT INC
added
3.48
985,361
7,027,530
1.97%
Apr 23, 2024
REGIONS FINANCIAL CORP
reduced
-32.81
-631,852
1,948,500
0.01%

1–10 of 50

Are Funds Buying or Selling IEX?

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

Unveiling IDEX Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
12.14%
9,180,201
SC 13G/A
Feb 12, 2024
price t rowe associates inc /md/
9.8%
7,409,706
SC 13G
Feb 12, 2024
price t rowe associates inc /md/
10.0%
7,566,382
SC 13G/A
Jan 25, 2024
blackrock inc.
8.0%
6,068,198
SC 13G/A
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

Recent SEC filings of IDEX Corp

View All Filings
Date Filed Form Type Document
Apr 24, 2024
10-Q
Quarterly Report
Apr 24, 2024
8-K
Current Report
Apr 05, 2024
PX14A6G
PX14A6G
Mar 26, 2024
ARS
ARS
Mar 26, 2024
DEF 14A
DEF 14A
Mar 26, 2024
DEFA14A
DEFA14A
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading
Feb 26, 2024
4
Insider Trading

Peers (Alternatives to IDEX Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
185.5B
67.1B
2.08% 66.19%
17.96
2.77
12.84% 54.12%
174.3B
69.5B
-8.20% 61.78%
49.65
2.51
16.04% -60.91%
41.5B
34.1B
1.63% 25.27%
49.39
1.22
21.34% -61.52%
41.2B
6.6B
-2.45% 31.17%
31.36
6.24
7.26% 13.25%
12.8B
14.9B
-1.92% 15.25%
206.83
0.86
12.31% -81.65%
MID-CAP
9.2B
6.9B
-3.15% 70.81%
59.86
1.32
5.64% 109.59%
6.9B
15.5B
-1.08% 39.69%
49.58
0.44
12.59% -4.48%
6.1B
4.3B
2.61% 43.21%
32.84
1.42
19.51% -1.03%
3.7B
2.3B
-8.62% 30.99%
23.46
1.62
2.90% -35.23%
2.5B
1.7B
-5.66% 15.00%
18.02
1.45
11.63% 33.59%
SMALL-CAP
1.1B
1.4B
8.23% -51.08%
17.78
0.81
-24.65% -34.19%
828.1M
35.8M
-16.22% -23.98%
-0.86
23.11
-27.93% -23.21%
811.8M
573.3M
21.26% 53.51%
25.09
1.42
26.00% -2.24%
364.8M
135.4M
-10.08% 199.75%
-22.24
2.7
-25.90% 65.37%
245.0M
99.2M
11.50% 304.95%
-20
2.47
-3.69% -37.37%

IDEX Corp News

Latest updates
Seeking Alpha • 9 hours ago
MarketWatch • 22 Apr 2024 • 09:13 pm
Yahoo Canada Finance • 22 Apr 2024 • 01:49 pm
MarketBeat • 22 Apr 2024 • 09:06 am
Seeking Alpha • 20 Apr 2024 • 01:10 pm
MarketWatch • 19 Apr 2024 • 09:13 pm
Simply Wall St • 11 Apr 2024 • 07:00 am

IDEX Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.5%801789793846845811824796751715712686652615581561594606624642622
Gross Profit6.1%357337350378383346382357343314312306293269252235272267282292284
  S&GA Expenses12.4%195174166174190169162168154152147145135125117120132126128135136
EBITDA Margin-1.6%0.26*0.27*0.27*0.26*0.26*0.26*0.27*0.25*0.25*0.24*0.24*0.24*---------
Interest Expenses-19.0%9.0012.0014.0013.0013.0012.0010.0010.0010.0010.0010.0011.0011.0011.0011.0012.0011.0011.0011.0011.0011.00
Income Taxes4.1%33.0032.0053.0040.0040.0034.0050.0039.0041.0035.0035.0028.0033.0029.0017.0021.0026.0025.0024.0031.0027.00
Earnings Before Taxes10.2%15514026217918016422817718015315113014613012192.00127122129145137
EBT Margin-2.0%0.23*0.23*0.24*0.23*0.23*0.24*0.24*0.22*0.21*0.21*0.21*0.21*---------
Net Income11.8%12110920913914013017913814011911610211310110471.0010297.00105113110
Net Income Margin-1.7%0.18*0.18*0.19*0.18*0.18*0.18*0.19*0.17*0.17*0.16*0.16*0.17*---------
Free Cashflow-23.9%13717920712012114718297.0064.00136142120---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets0.4%5,8895,8655,6705,7205,6585,5124,8934,9135,0004,9174,8554,7834,4614,4144,2264,0743,9443,8143,7143,6403,551
  Current Assets7.5%1,5551,4461,5181,4881,5251,3991,6351,5511,6811,6781,5831,4941,6511,6571,5211,3971,2891,2611,1911,2171,129
    Cash Equivalents15.3%6165345634575114306815587338558077149581,026878746569633516543456
  Inventory1.2%426421447483498471455457429370354360305290302325341293303301298
  Net PPE-0.5%428430422422397382304323326327315313303298293282283280273275272
  Goodwill-1.2%2,8032,8382,6772,7142,6582,6382,1912,2392,2142,1682,1972,2111,9291,8961,864------
Liabilities-2.3%2,2712,3242,2822,4412,4292,4722,0902,1252,1012,1142,1282,1101,8511,8741,8291,8131,7141,5511,5511,5281,496
  Current Liabilities-7.9%461500488487492544507514468480469450378399410401367358371362339
  Short Term Borrowings--------------0.00---0.00---
  Long Term Debt-0.2%1,3231,3251,3211,4721,4711,4691,1911,1911,1911,1901,1901,1901,0451,0441,0441,044999849849849848
    LT Debt, Current16.7%1.001.001.00------------------
    LT Debt, Non Current-100.0%-1,3251,3211,4721,4711,4691,1911,1911,1911,1901,1901,1901,0451,0441,0441,044999849849849848
Shareholder's Equity2.2%3,6183,5413,3873,2793,2303,0392,8032,7882,8992,8032,7262,6732,6102,5402,3972,2612,2302,2632,1632,1122,055
  Retained Earnings3.1%4,0563,9343,8743,7133,6723,5323,4473,3143,2673,1273,0492,9742,9542,8422,7782,7122,7172,6152,5562,4902,452
  Additional Paid-In Capital1.5%852839836834830817812809802796791786781775778773767760755749744
Accumulated Depreciation1.9%556546540539529517---------------
Shares Outstanding0.1%76.0076.0076.0076.0076.0076.0076.0076.0076.0076.0076.0076.00---------
Minority Interest-50.0%-0.30-0.200.000.000.000.00-0.20-0.20-0.10-0.000.000.000.00-------
Float----16,268---13,719---16,711---11,867---12,994-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-22.1%156,600201,000226,600141,200147,900167,300198,100112,30079,700163,100156,600136,300109,300161,401153,686169,45384,760151,198157,064131,17588,663
  Share Based Compensation168.8%12,5004,6501,1001,50012,8008,3008002,8006,6007,7001,9001,9006,200-1,3962,2842,2246,7305,8672,2112,0767,560
Cashflow From Investing89.7%-20,000-193,80086,600-147,400-29,200-692,80035,700-135,700-124,400-73,900-14,900-489,800-119,500-16,995-15,159-6,726-133,720-14,411-98,128-12,020-12,441
Cashflow From Financing29.3%-41,000-58,000-194,700-46,800-45,200236,800-77,500-125,800-71,300-34,100-39,400104,400-40,400-21,792-22,8589,852-7,802-34,929-74,043-31,647-86,981
  Dividend Payments0.2%48,50048,40048,40048,40045,50045,20045,30045,50041,40040,80041,10041,10038,10037,55237,75037,76238,73637,97337,94437,83733,446
  Buy Backs-100.0%-23,1001001,000----26,300-----42.00-1,435108,90732.00-3,87150,797

IEX Income Statement

2023-12-31
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]   
Net sales$ 3,273.9$ 3,181.9$ 2,764.8
Cost of sales1,827.01,755.01,540.3
Gross profit1,446.91,426.91,224.5
Selling, general and administrative expenses703.5652.7578.2
Restructuring expenses and asset impairments10.922.89.3
Operating income732.5751.4637.0
Gain on sale of businesses - net(84.7)(34.8)0.0
Other expense (income) - net5.2(3.9)16.2
Interest expense51.740.741.0
Income before income taxes760.3749.4579.8
Provision for income taxes164.7162.7130.5
Net income595.6586.7449.3
Net loss attributable to noncontrolling interest0.50.20.1
Net income$ 596.1$ 586.9$ 449.4
Earnings per common share:   
Basic earnings per common share attributable to IDEX (in dollar per share)$ 7.87$ 7.74$ 5.91
Diluted earnings per common share attributable to IDEX (in dollar per share)$ 7.85$ 7.71$ 5.88
Share data:   
Basic weighted average common shares outstanding (in shares)75.675.776.0
Diluted weighted average common shares outstanding (in shares)75.976.076.4

IEX Balance Sheet

2023-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 534.3$ 430.2
Receivables - net427.8442.8
Inventories - net420.8470.9
Other current assets63.455.4
Total current assets1,446.31,399.3
Property, plant and equipment - net430.3382.1
Goodwill2,838.32,638.1
Intangible assets - net1,011.8947.8
Other noncurrent assets138.5144.6
Total assets5,865.25,511.9
Current liabilities  
Trade accounts payable179.7208.9
Accrued expenses271.5289.1
Current portion of long-term borrowings0.60.0
Dividends payable48.545.6
Total current liabilities500.3543.6
Long-term borrowings - net1,325.11,468.7
Deferred income taxes291.9264.2
Other noncurrent liabilities206.7195.8
Total liabilities2,324.02,472.3
Commitments and contingencies (Note 10)
Preferred stock:  
Authorized: 5,000,000 shares, $.01 per share par value; Issued: None0.00.0
Common stock:  
Authorized: 150,000,000 shares, $.01 per share par value Issued: 90,073,413 shares at December 31, 2023 and 90,064,988 shares at December 31, 20220.90.9
Additional paid-in capital839.0817.2
Retained earnings3,934.33,531.7
Treasury stock at cost: 14,344,820 shares at December 31, 2023 and 14,451,032 shares at December 31, 2022(1,187.0)(1,184.3)
Accumulated other comprehensive loss(45.8)(126.2)
Total shareholders’ equity3,541.43,039.3
Noncontrolling interest(0.2)0.3
Total equity3,541.23,039.6
Total liabilities and equity$ 5,865.2$ 5,511.9
IEX
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, valves, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as 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. The company was incorporated in 1987 and is headquartered in Northbrook, Illinois.
 CEO
 WEBSITEidexcorp.com
 INDUSTRYApparel Manufacturing
 EMPLOYEES8868

IDEX Corp Frequently Asked Questions


What is the ticker symbol for IDEX Corp? What does IEX stand for in stocks?

IEX is the stock ticker symbol of IDEX Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of IDEX Corp (IEX)?

As of Wed Apr 24 2024, market cap of IDEX Corp is 16.99 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of IEX stock?

You can check IEX's fair value in chart for subscribers.

What is the fair value of IEX stock?

You can check IEX's fair value in chart for subscribers. The fair value of IDEX Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of IDEX Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for IEX so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is IDEX Corp a good stock to buy?

The fair value guage provides a quick view whether IEX is over valued or under valued. Whether IDEX Corp is cheap or expensive depends on the assumptions which impact IDEX Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for IEX.

What is IDEX Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, IEX's PE ratio (Price to Earnings) is 28.5 and Price to Sales (PS) ratio is 5.19. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. IEX PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on IDEX Corp's stock?

In the past 10 years, IDEX Corp has provided 0.132 (multiply by 100 for percentage) rate of return.