InsiderClue
Stocks · Industrials · Pumps & Pumping Equipment

IDEX Corporation

IEX Clue Score57
United States Fiscal year ends December CIK 0000832101
$234.29 +1.10% Close, 9 Oct 2026
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Price $234.29 +13.10% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue2,113.0Operating income412.4Net income271.1EPS, diluted3.53Fiscal year 2017Revenue2,287.3 +8.2%Operating income502.6Net income337.3 +24.4%EPS, diluted4.36 +23.5%Fiscal year 2018Revenue2,483.7 +8.6%Operating income569.1Net income410.6 +21.7%EPS, diluted5.29 +21.3%Fiscal year 2019Revenue2,494.6 +0.4%Operating income579.0Net income425.5 +3.6%EPS, diluted5.56 +5.1%Fiscal year 2020Revenue2,351.6 −5.7%Operating income520.7Net income377.8 −11.2%EPS, diluted4.94 −11.2%Fiscal year 2021Revenue2,764.8 +17.6%Operating income637.0Net income449.4 +19.0%EPS, diluted5.88 +19.0%Fiscal year 2022Revenue3,181.9 +15.1%Operating income751.4Net income586.9 +30.6%EPS, diluted7.71 +31.1%Fiscal year 2023Revenue3,273.9 +2.9%Operating income732.5Net income596.1 +1.6%EPS, diluted7.85 +1.8%Fiscal year 2024Revenue3,268.8 −0.2%Operating income677.2Net income505.0 −15.3%EPS, diluted6.64 −15.4%Fiscal year 2025Revenue3,457.5 +5.8%Operating income699.3Net income483.2 −4.3%EPS, diluted6.41 −3.5%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 2,113.0 2,287.3 2,483.7 2,494.6 2,351.6 2,764.8 3,181.9 3,273.9 3,268.8 3,457.5
Growth +8.2% +8.6% +0.4% −5.7% +17.6% +15.1% +2.9% −0.2% +5.8%
Operating income 412.4 502.6 569.1 579.0 520.7 637.0 751.4 732.5 677.2 699.3
Net income 271.1 337.3 410.6 425.5 377.8 449.4 586.9 596.1 505.0 483.2
Growth +24.4% +21.7% +3.6% −11.2% +19.0% +30.6% +1.6% −15.3% −4.3%
EPS, diluted 3.53 4.36 5.29 5.56 4.94 5.88 7.71 7.85 6.64 6.41
Growth +23.5% +21.3% +5.1% −11.2% +19.0% +31.1% +1.8% −15.4% −3.5%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin44.0%Operating margin19.5%Net margin12.8%Free cash flow margin17.1%Fiscal year 2017Gross margin44.9%Operating margin22.0%Net margin14.7%Free cash flow margin17.0%Fiscal year 2018Gross margin45.0%Operating margin22.9%Net margin16.5%Free cash flow margin17.0%Fiscal year 2019Gross margin45.1%Operating margin23.2%Net margin17.1%Free cash flow margin19.1%Fiscal year 2020Gross margin43.7%Operating margin22.1%Net margin16.1%Free cash flow margin22.0%Fiscal year 2021Gross margin44.3%Operating margin23.0%Net margin16.3%Free cash flow margin17.8%Fiscal year 2022Gross margin44.8%Operating margin23.6%Net margin18.4%Free cash flow margin15.4%Fiscal year 2023Gross margin44.2%Operating margin22.4%Net margin18.2%Free cash flow margin19.1%Fiscal year 2024Gross margin44.2%Operating margin20.7%Net margin15.4%Free cash flow margin18.4%Fiscal year 2025Gross margin44.5%Operating margin20.2%Net margin14.0%Free cash flow margin17.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 44.0% 44.9% 45.0% 45.1% 43.7% 44.3% 44.8% 44.2% 44.2% 44.5%
Operating margin 19.5% 22.0% 22.9% 23.2% 22.1% 23.0% 23.6% 22.4% 20.7% 20.2%
Net margin 12.8% 14.7% 16.5% 17.1% 16.1% 16.3% 18.4% 18.2% 15.4% 14.0%
Free cash flow margin 17.1% 17.0% 17.0% 19.1% 22.0% 17.8% 15.4% 19.1% 18.4% 17.8%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow399.9Capital expenditure−38.2Free cash flow361.7Buybacks−57.3Dividends paid−102.7Fiscal year 2017Operating cash flow432.8Capital expenditure−43.9Free cash flow388.9 +7.5%Buybacks−29.1Dividends paid−111.2Fiscal year 2018Operating cash flow479.3Capital expenditure−56.1Free cash flow423.3 +8.8%Buybacks−173.9Dividends paid−127.5Fiscal year 2019Operating cash flow528.1Capital expenditure−50.9Free cash flow477.2 +12.7%Buybacks−54.7Dividends paid−147.2Fiscal year 2020Operating cash flow569.3Capital expenditure−51.6Free cash flow517.7 +8.5%Buybacks−110.3Dividends paid−151.8Fiscal year 2021Operating cash flow565.3Capital expenditure−72.7Free cash flow492.6 −4.8%Buybacks0.0Dividends paid−161.1Fiscal year 2022Operating cash flow557.4Capital expenditure−68.0Free cash flow489.4 −0.6%Buybacks−148.1Dividends paid−177.4Fiscal year 2023Operating cash flow716.7Capital expenditure−89.9Free cash flow626.8 +28.1%Buybacks−24.2Dividends paid−190.7Fiscal year 2024Operating cash flow668.1Capital expenditure−65.1Free cash flow603.0 −3.8%Buybacks0.0Dividends paid−205.3Fiscal year 2025Operating cash flow680.4Capital expenditure−63.6Free cash flow616.8 +2.3%Buybacks−247.8Dividends paid−212.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 399.9 432.8 479.3 528.1 569.3 565.3 557.4 716.7 668.1 680.4
Capital expenditure −38.2 −43.9 −56.1 −50.9 −51.6 −72.7 −68.0 −89.9 −65.1 −63.6
Free cash flow 361.7 388.9 423.3 477.2 517.7 492.6 489.4 626.8 603.0 616.8
Growth +7.5% +8.8% +12.7% +8.5% −4.8% −0.6% +28.1% −3.8% +2.3%
Buybacks −57.3 −29.1 −173.9 −54.7 −110.3 0.0 −148.1 −24.2 0.0 −247.8
Dividends paid −102.7 −111.2 −127.5 −147.2 −151.8 −161.1 −177.4 −190.7 −205.3 −212.6

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash236.0Total debt1,015.3Net cash (debt)−779.3Shareholders’ equity1,543.9Debt to equity0.66Fiscal year 2017Cash376.0Total debt859.0Net cash (debt)−483.1Shareholders’ equity1,886.5Debt to equity0.46Fiscal year 2018Cash466.4Total debt848.8Net cash (debt)−382.4Shareholders’ equity1,994.6Debt to equity0.43Fiscal year 2019Cash632.6Total debt849.3Net cash (debt)−216.7Shareholders’ equity2,263.2Debt to equity0.38Fiscal year 2020Cash1,025.9Total debt1,044.5Net cash (debt)−18.6Shareholders’ equity2,540.2Debt to equity0.41Fiscal year 2021Cash855.4Total debt1,190.3Net cash (debt)−334.9Shareholders’ equity2,803.1Debt to equity0.42Fiscal year 2022Cash430.2Total debt1,468.7Net cash (debt)−1,038.5Shareholders’ equity3,039.3Debt to equity0.48Fiscal year 2023Cash534.3Total debt1,325.7Net cash (debt)−791.4Shareholders’ equity3,541.4Debt to equity0.37Fiscal year 2024Cash620.8Total debt1,960.2Net cash (debt)−1,339.4Shareholders’ equity3,794.7Debt to equity0.52Fiscal year 2025Cash580.0Total debt1,820.8Net cash (debt)−1,240.8Shareholders’ equity4,027.5Debt to equity0.45
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 236.0 376.0 466.4 632.6 1,025.9 855.4 430.2 534.3 620.8 580.0
Total debt 1,015.3 859.0 848.8 849.3 1,044.5 1,190.3 1,468.7 1,325.7 1,960.2 1,820.8
Net cash (debt) −779.3 −483.1 −382.4 −216.7 −18.6 −334.9 −1,038.5 −791.4 −1,339.4 −1,240.8
Shareholders’ equity 1,543.9 1,886.5 1,994.6 2,263.2 2,540.2 2,803.1 3,039.3 3,541.4 3,794.7 4,027.5
Debt to equity 0.66 0.46 0.43 0.38 0.41 0.42 0.48 0.37 0.52 0.45

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
44.0% 44.9% 45.0% 45.1% 43.7% 44.3% 44.8% 44.2% 44.2% 44.5%
19.5% 22.0% 22.9% 23.2% 22.1% 23.0% 23.6% 22.4% 20.7% 20.2%
17.4% 19.9% 21.3% 21.4% 20.0% 21.0% 23.6% 23.2% 19.6% 18.3%
12.8% 14.7% 16.5% 17.1% 16.1% 16.3% 18.4% 18.2% 15.4% 14.0%
17.1% 17.0% 17.0% 19.1% 22.0% 17.8% 15.4% 19.1% 18.4% 17.8%
Spending
1.9% 1.9% 1.9% 2.3% 2.0% 1.8% 1.9% 2.1% 2.1% 2.0%
23.3% 23.0% 21.6% 21.0% 21.0% 20.9% 20.5% 21.5% 23.2% 23.7%
1.8% 1.9% 2.3% 2.0% 2.2% 2.6% 2.1% 2.7% 2.0% 1.8%
26.4% 25.9% 22.4% 20.2% 19.7% 22.5% 21.7% 21.7% 21.1% 23.7%
Returns
17.6% 17.9% 20.6% 18.8% 14.9% 16.0% 19.3% 16.8% 13.3% 12.0%
8.6% 9.9% 11.8% 11.2% 8.6% 9.1% 10.6% 10.2% 7.5% 7.0%
Balance and payout
0.66 0.46 0.43 0.38 0.41 0.42 0.48 0.37 0.52 0.45
51.1% 44.5% 42.6% 40.7% 42.5% 43.0% 44.9% 39.6% 43.8% 41.9%
37.9% 33.0% 31.0% 34.6% 40.2% 35.8% 30.2% 32.0% 40.7% 44.0%
44.2% 36.1% 71.2% 42.3% 50.6% 32.7% 66.5% 34.3% 34.0% 74.6%