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IDEX Corp Stock Research

IEX

207.44USD+3.63(+1.78%)Market Closed
Watchlist

Market Summary

USD207.44+3.63
Market Closed
1.78%

IEX Stock Price

IEX RSI Chart

IEX Valuation

Market Cap

15.7B

Price/Earnings (Trailing)

26.71

Price/Sales (Trailing)

5.23

EV/EBITDA

17.88

Price/Free Cashflow

27.51

IEX Price/Sales (Trailing)

IEX Profitability

EBT Margin

23.55%

Return on Equity

18.17%

Return on Assets

10.37%

Free Cashflow Yield

3.63%

IEX Fundamentals

IEX Revenue

Revenue Y/Y

6.29%

Revenue Q/Q

0.09%

IEX Earnings

Earnings (TTM)

587.1M

Earnings Y/Y

0.29%

Earnings Q/Q

-0.86%

Price Action

52 Week Range

195.27243.94
(Low)(High)

Last 7 days

-3.4%

Last 30 days

-9.9%

Last 90 days

-2.9%

Trailing 12 Months

2.4%

IEX Financial Health

Current Ratio

3.1

Debt/Equity

0.39

Debt/Cashflow

0.46

IEX Investor Care

Dividend Yield

1.81%

Dividend/Share (TTM)

3.76

Buy Backs (1Y)

0.26%

Diluted EPS (TTM)

7.73

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for IEX

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-08-29
Lausas Allison S
acquired
501,006
227
2,200
vp, chief accounting officer
2023-05-25
Christenson Carl R
acquired
-
-
770
-
2023-05-25
SATTERTHWAITE LIVINGSTON
acquired
-
-
770
-
2023-05-25
Beck Mark A
acquired
-
-
770
-
2023-05-25
Parry David C
acquired
-
-
770
-
2023-05-25
Helmkamp Katrina L
acquired
-
-
1,020
-
2023-05-25
BUTHMAN MARK A
acquired
-
-
770
-
2023-05-25
Watts Stanfield Paris
acquired
-
-
770
-
2023-05-25
Quiroz Alejandro
acquired
-
-
770
-
2023-05-25
Gunter Lakecia N
acquired
-
-
770
-

1–10 of 50

Which funds bought or sold IEX recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-26
BROOKFIELD Corp /ON/
sold off
-100
-9,864,980
-
-%
2023-09-21
Jefferies Group LLC
added
140
721,948
1,161,130
0.01%
2023-09-20
BARCLAYS PLC
added
7.64
697,000
238,220,000
0.15%
2023-09-12
Farther Finance Advisors, LLC
unchanged
-
-646
8,826
-%
2023-09-05
Covenant Partners, LLC
reduced
-13.12
-60,383
256,590
0.09%
2023-09-01
Portside Wealth Group, LLC
new
-
488,210
488,210
0.09%
2023-08-28
DT Investment Partners, LLC
unchanged
-
2,042
30,173
-%
2023-08-25
Brown Shipley& Co Ltd
added
84.42
186,356
445,803
0.18%
2023-08-24
Alberta Investment Management Corp
added
8.05
3,117
465,177
-%
2023-08-22
Segment Wealth Management, LLC
unchanged
-
-50,796
693,352
0.07%

1–10 of 49

Latest Funds Activity

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

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
price t rowe associates inc /md/
7.2%
5,517,459
SC 13G/A
Feb 16, 2021
capital world investors
2.8%
2,104,510
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
price t rowe associates inc /md/
7.0%
5,358,445
SC 13G/A

Recent SEC filings of IDEX

View All Filings
Date Filed Form Type Document
Sep 05, 2023
4
Insider Trading
Aug 30, 2023
8-K
Current Report
Aug 30, 2023
8-K
Current Report
Jul 27, 2023
8-K
Current Report
Jul 27, 2023
10-Q
Quarterly Report

IEX Fair Value

Loading...

Peers (Alternatives to IDEX)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
70.3B
16.1B
-4.36% 23.75%
22.66
4.37
5.86% 17.15%
24.3B
6.5B
-8.87% 44.94%
40.13
4.1
16.93% 6.34%
18.6B
6.1B
-11.52% 0.98%
42.28
3.07
15.93% 12.85%
15.7B
-
-9.87% 2.41%
26.71
5.23
15.09% 14.53%
14.6B
2.2B
-6.78% 18.67%
29.93
6.72
5.84% 14.37%
MID-CAP
7.8B
3.2B
-3.38% 42.86%
18.32
2.47
11.48% 25.05%
7.2B
3.4B
-3.61% 19.70%
19.64
2.1
7.89% 16.35%
5.2B
4.0B
1.81% 58.84%
21.88
1.31
13.86% 149.05%
SMALL-CAP
1.2B
106.9M
-23.12% -11.25%
110.91
10.95
-0.30% -11.09%
822.3M
631.3M
2.45% 30.65%
37.99
1.3
51.20% -1.04%
180.1M
269.0M
-5.99% 25.26%
18.62
0.67
15.38% 145.94%
92.9M
285.3M
-3.16% 2.23%
-38.44
0.33
21.74% 78.41%
88.9M
497.6M
-10.00% -9.57%
-2.29
0.18
3.44% -162.21%

IDEX News

InvestorsObserver
Can IDEX Corporation (IEX) Stock Rise to the Top of Industrials Sector Wednesday?.
InvestorsObserver,
5 hours ago
InvestorsObserver
Investing.com Australia

Returns for IEX

Cumulative Returns on IEX

13.5%


10-Year Cumulative Returns

13.2%


7-Year Cumulative Returns

7.1%


5-Year Cumulative Returns

5.3%


3-Year Cumulative Returns

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

Financials for IDEX

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue----3,0862,9742,8642,7652,6652,5342,4092,3522,3432,3862,4672,4952,5032,5012,4942,4842,4552,407
Gross Profit1.4%1,4881,4671,4271,3951,3251,2741,2251,1791,1191,0481,0271,0251,0561,1131,1251,1321,1301,1251,1181,1051,083
  S&GA Expenses1.0%695688653635621598578552522498495496506521525530532534537538539
EBITDA-100.0%-844841829747759724684654617599586594645654------
EBITDA Margin---0.26*0.27*0.25*0.26*0.26*0.26*0.26*0.26*0.25*0.25*0.25*0.26*0.26*------
Interest Expenses8.6%48.0044.0041.0038.0038.0040.0041.0042.0043.0045.0045.0045.0046.0044.0044.0044.0044.0044.0044.0044.0044.00
Earnings Before Taxes0.2%750749749739662615580556527488470463470523533540544536529524504
EBT Margin---0.24*0.24*0.22*0.21*0.21*0.21*0.21*0.20*0.20*0.20*0.20*0.21*0.21*------
Net Income0.1%587587587576513477449432420388378374375417426427428422411406384
Net Income Margin---0.18*0.19*0.17*0.17*0.16*0.16*0.17*0.16*0.16*0.16*0.16*0.17*0.17*------
Free Cashflow-100.0%-547489478438462493506500540518506516473477------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets1.1%5,7205,6585,5124,8934,9135,0004,9174,8554,7834,4614,4144,2264,0743,9443,8143,7143,6403,5513,4743,5553,483
  Current Assets-2.4%1,4881,5251,3991,6351,5511,6811,6781,5831,4941,6511,6571,5211,3971,2891,2611,1911,2171,1291,0931,1551,114
    Cash Equivalents-10.5%4575114306815587338558077149581,026878746569633516543456466492459
  Inventory-3.0%483498471455457429370354360305290302325341293303301298280287284
  Net PPE6.2%422397382304323326327315313303298293282283280273275272281277268
  Goodwill2.1%2,7142,6582,6382,1912,2392,2142,1682,1972,2111,9291,8961,8641,8431,8321,7801,774-----
Liabilities0.5%2,4412,4292,4722,0902,1252,1012,1142,1282,1101,8511,8741,8291,8131,7141,5511,5511,5281,4961,4791,4941,494
  Current Liabilities-1.1%487492544507514468480469450378399410401367358371362339365360347
  Short Term Borrowings-----------0.00---0.00---0.00--
    LT Debt, Non Current0.1%1,4721,4711,4691,1911,1911,1911,1901,1901,1901,0451,0441,0441,044999849849849848848848859
Shareholder's Equity1.5%3,2793,2303,0392,8032,7882,8992,8032,7262,6732,6102,5402,3972,2612,2302,2632,1632,1122,0551,9952,0611,989
  Retained Earnings1.1%3,7133,6723,5323,4473,3143,2673,1273,0492,9742,9542,8422,7782,7122,7172,6152,5562,4902,4522,3422,2772,203
  Additional Paid-In Capital0.5%834830817812809802796791786781775778773767760755749744738733728
Accumulated Depreciation1.9%539529517------------------
Shares Outstanding0%76.0076.00-75.0076.0076.00-76.0076.0076.0076.0075.0075.0076.0076.0076.0075.0075.0076.0077.0077.00
Minority Interest-33.3%0.000.000.00-0.20-0.20-0.10-0.000.000.000.00----------
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations4.6%655626557553512536565564561594569559562524528530507496479462453
  Share Based Compensation-9.7%25.0028.0022.0021.0023.0021.0020.009.0012.0014.0015.0023.0021.0021.0022.0026.0026.0025.0025.0026.0025.00
Cashflow From Investing-1.4%-833-822-917-298-348-703-698-641-641-158-172-170-252-258-137-138-80.06-83.68-81.43-96.54-61.13
Cashflow From Financing675.2%67.00-11.70-37.80-308-270-40.40-9.503.0019.00-75.20-42.60-55.74-106-148-227-348-336-350-290-175-163
  Dividend Payments1.6%184182177173169164161158155151152152152152147142137132127123119
  Buy Backs-68.2%39.0012214814611026.00--0.04-0.041.0011011011011355.0017820922517457.0039.00

IEX Income Statement

2023-06-30
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Income Statement [Abstract]    
Net sales$ 846.2$ 796.1$ 1,691.6$ 1,547.2
Cost of sales468.2439.2931.1847.8
Gross profit378.0356.9760.5699.4
Selling, general and administrative expenses174.3167.5364.0321.8
Restructuring expenses and asset impairments3.62.84.13.4
Operating income200.1186.6392.4374.2
Other expense (income) - net8.30.07.7(2.3)
Interest expense13.39.526.419.0
Income before income taxes178.5177.1358.3357.5
Provision for income taxes40.039.080.079.5
Net income138.5138.1278.3278.0
Net loss attributable to noncontrolling interest0.10.10.10.2
Net income attributable to IDEX$ 138.6$ 138.2$ 278.4$ 278.2
Earnings per common share:    
Basic earnings per common share attributable to IDEX (in dollars per share)$ 1.83$ 1.82$ 3.68$ 3.66
Diluted earnings per common share attributable to IDEX (in dollars per share)$ 1.82$ 1.81$ 3.66$ 3.65
Share data:    
Basic weighted average common shares outstanding (in shares)75.675.875.676.0
Diluted weighted average common shares outstanding (in shares)75.976.175.976.2

IEX Balance Sheet

2023-06-30
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Current assets  
Cash and cash equivalents$ 457.0$ 430.2
Receivables, less allowance for credit losses of $7.0 and $8.0, respectively455.2442.8
Inventories482.5470.9
Other current assets93.255.4
Total current assets1,487.91,399.3
Property, plant and equipment, net of accumulated depreciation of $538.8 and $516.7, respectively421.6382.1
Goodwill2,714.42,638.1
Intangible assets - net957.3947.8
Other noncurrent assets138.7144.6
Total assets5,719.95,511.9
Current liabilities  
Trade accounts payable189.7208.9
Accrued expenses247.9289.1
Short-term borrowings0.50.0
Dividends payable48.545.6
Total current liabilities486.6543.6
Long-term borrowings1,471.51,468.7
Deferred income taxes286.1264.2
Other noncurrent liabilities196.8195.8
Total liabilities2,441.02,472.3
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, $.01 per share par value, Issued: 90,073,221 shares at June 30, 2023 and 90,064,988 shares at December 31, 20220.90.9
Additional paid-in capital834.2817.2
Retained earnings3,713.43,531.7
Treasury stock at cost: 14,367,209 shares at June 30, 2023 and 14,451,032 shares at December 31, 2022(1,182.0)(1,184.3)
Accumulated other comprehensive loss(87.8)(126.2)
Total shareholders’ equity3,278.73,039.3
Noncontrolling interest0.20.3
Total equity3,278.93,039.6
Total liabilities and equity$ 5,719.9$ 5,511.9
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.