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Stocks / United States / IEX · Pumps & Pumping Equipment · NYSE

Idex Corp. (IEX)

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Idex Corp. (IEX) reported revenue of $921 million for Q2 FY2026, the quarter ended 30 June 2026, up 6.4% on the same quarter a year earlier. Net income was $143 million, up 9.0% on the year, and diluted earnings per share $1.93. The figures are the company's own, from the 10-Q it filed with the SEC on 29 July 2026.

Revenue$921 millionup 6.4%
Net income$143 millionup 9.0%
Diluted EPS$1.93
QuarterQ2 FY2026ended 30 June 2026

Ratios

From the filings

ROE13.0%
ROCE12.6%
Operating margin20.7%
Net margin14.5%
FCF margin17.9%
Interest covern/a
Debt to equity0.47
Cash conversion1.38
Share count, 1 year-2.1%
Sales CAGR, 3 years2.8%
Profit CAGR, 3 years-6.3%
EPS, TTM$6.95

At the close of 21 September 2026

Price$222.53
Market cap$16.4 billion
Stock P/E32.02
Price to book4.09
EV / EBITDA18.49
Dividend yield1.3%
Market cap / sales4.58
52-week high$240.52
52-week low$159.28
Price, 1 year38.2%
Price CAGR, 3 years2.4%
Price CAGR, 5 years0.7%

Every figure is arithmetic on the filed lines (hover a name for the formula); the priced ones use the latest daily close, CBOE delayed quotes, daily history, by CBOE, for splits. Debt to equity here stands on long-term debt as Idex Corp. files it, with lease liabilities counted separately and never inside it. Nothing here is a valuation or a view.

Price, 17 September 2021 to 21 September 2026

Daily closes from CBOE delayed quotes, daily history, by CBOE, for splits; the last is 21 September 2026. P/E is the close over the trailing four quarters' EPS as filed at each filing date, on the current share count; the dashed line is the median over the range shown. Sales and margin are quarterly revenue and the operating margin from the tables above. EV/EBITDA, price to book and market cap to sales use the latest filed balance sheet and share count at each date. Drawn in your browser; the range and overlay you pick are remembered here only.

The public record on IEX

Filings17 in twelve months: 9 current reports (8-K), about 4 results of operations; 3 officer or director change; 1 material agreement; 1 new financial obligation; 1 shareholder vote
Planned insider sales4 Form 144 notices in twelve months, $5.0 million; latest 12 August 2026
Options tapeput/call 0.33 by open interest on 23 September 2026; the straddle prices a 4.8% move to 16 October 2026
Holders9 of the followed funds hold it; largest Millennium Management; 4 Schedule 13D or 13G filings in twelve months
Insider trading3 sales and 1 purchase on Form 4 in twelve months
Congress0 House trades disclosed in six months
Short interest1.9 million shares short, 3.37 days to cover at 31 August 2026
Documentsthe 10-K, the 10-Qs, the proxy and 4 earnings press releases, each linked

Quarterly results, the last 12 quarters

Q3 FY2023Q4 FY2023 *Q1 FY2024Q2 FY2024Q3 FY2024Q4 FY2024 *Q1 FY2025Q2 FY2025Q3 FY2025Q4 FY2025 *Q1 FY2026Q2 FY2026
Revenue793789800807798863814865879899887921
Cost of revenue444452443440444496445473488512489494
Gross profit350337357367354367369392391387398427
Gross margin44%43%45%45%44%43%45%45%44%43%45%46%
SG&A166174195183183198209204205201218224
Operating income180160161183168165142188186184172200
Operating margin23%20%20%23%21%19%17%22%21%20%19%22%
Interest expense13.711.69.48.110.3n/an/an/an/an/an/an/a
Pre-tax income262140154179154151124170170168157186
Tax rate20%23%21%21%23%19%23%23%25%23%24%23%
Net income20910912114111912395.5132128128120143
Net margin26%14%15%18%15%14%12%15%15%14%14%16%
Diluted EPS$2.75$1.44$1.60$1.86$1.57$1.61$1.26$1.74$1.70$1.71$1.61$1.93
Operating cash flow227201157134205173106162204210104200
Capital expenditure20.121.620.015.913.715.514.314.814.819.717.723.0
Free cash flow20617913711819215791.414718919086.0177
Buybacks0.123.10.00.00.00.050.050.075.072.876.377.1
Dividends paid48.448.448.552.252.352.352.453.553.553.252.853.9
Shares outstanding76m76m76m76m76m76m76m75m75m74m74m74m
Filing10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q10-Q

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

Profit and loss, 12 fiscal years and the trailing twelve months

FY2014FY2015 FY2016 FY2017FY2018FY2019 FY2020 FY2021FY2022FY2023FY2024FY2025TTM
Revenue2,1482,0212,1132,2872,4842,4952,3522,7653,1823,2743,2693,4583,585
Cost of revenue1,1981,1161,1821,2611,3661,3701,3241,5401,7551,8271,8241,9191,983
Gross profit9499049311,0271,1181,1251,0271,2241,4271,4471,4451,5391,603
Gross margin44.2%44.8%44.0%44.9%45.0%45.1%43.7%44.3%44.8%44.2%44.2%44.5%44.7%
Research and development36.833.639.442.448.056.448.250.161.468.467.470.0n/a
Selling, general and administrative504474492525537525495578653704759819848
Operating income431437412503569579521637751732677699742
Operating margin20.1%21.6%19.5%22.0%22.9%23.2%22.1%23.0%23.6%22.4%20.7%20.2%20.7%
Interest expense41.941.645.644.944.144.344.741.040.751.7n/an/an/a
Pre-tax income392392369455529533470580749760639633681
Income tax11311097.411811810792.6130163165135150162
Effective tax rate28.8%27.9%26.4%25.9%22.4%20.2%19.7%22.5%21.7%21.7%21.1%23.7%23.8%
Net income279283271337411426378449587596505483520
Net margin13.0%14.0%12.8%14.7%16.5%17.1%16.1%16.3%18.4%18.2%15.4%14.0%14.5%
Diluted EPS$3.45$3.62$3.53$4.36$5.29$5.56$4.94$5.88$7.71$7.85$6.64$6.41$6.95
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Income statement lines from each year's 10-K, the year linked to its filing; TTM is the sum of the last four quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are. † The year as the company last restated it in a later filing; rest on a figure for the one first filed. EPS is as filed.

Cash flow and capital returned

FY2014FY2015 FY2016 FY2017FY2018FY2019 FY2020 FY2021FY2022FY2023FY2024FY2025TTM
Operating cash flow368360400433479528569565557717668680717
Capital expenditure48.043.838.243.956.150.951.572.768.089.965.163.675.2
Free cash flow320317362389423477518493489627603617642
Free cash flow margin14.9%15.7%17.1%17.0%17.0%19.1%22.0%17.8%15.4%19.1%18.4%17.8%17.9%
Depreciation and amortisation76.978.186.984.277.576.983.5103120152176206213
Share-based compensation20.720.020.324.424.822.114.820.421.621.825.827.333.1
Buybacks22021157.329.117454.71100.014824.20.0248301
Dividends paid85.796.2103111127147152161177191205213213
Dividend per share$1.12$1.28$1.36$1.48$1.72$2.00$2.00$2.16$2.40$2.56$2.76$2.84n/a
Diluted shares, weighted81m78m77m77m78m76m76m76m76m76m76m75m74m
Shares outstanding at period endn/an/an/an/an/an/an/an/an/an/an/an/a74m
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

Buybacks and dividends are the cash paid in the year, from the cash flow statement; the dividend per share is as declared. Diluted shares are the weighted average for the year; a falling count is the buybacks net of issuance. TTM sums the last four quarters; the share counts are the latest quarter's.

Balance sheet at year end

FY2014FY2015 FY2016 FY2017FY2018FY2019 FY2020 FY2021FY2022FY2023FY2024FY2025TTM
Total assets2,9082,8053,1553,4003,4743,8144,4144,9175,5125,8656,7456,9276,930
Cash and equivalents5093282363764666331,026855430534621580621
Receivables256260273294314298288355431419461512544
Inventory238239253260280293290370471421430479520
Goodwill1,3211,3971,6331,7041,6981,7801,8962,1682,6382,8383,2523,4143,383
Long-term debt8648471,0218628518511,0501,2001,4781,3331,9711,8301,867
Borrowings, as the company tags themn/an/an/an/a8518511,0501,2001,4781,3331,9711,830n/a
Operating lease liabilitiesn/an/an/an/a0.069.994.293.496.698.110294.1n/a
Shareholders' equity1,4861,4431,5441,8871,9952,2632,5402,8033,0393,5413,7954,0284,008
Filing10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K10-K

At the fiscal year end; the TTM column is the latest quarter end. A line the company does not tag under the usual name is left out.

Compounded growth

10 years5 years3 yearsTTM
Sales growth, compounded5.5%8.0%2.8%7.3%
Profit growth, compounded5.5%5.0%-6.3%10.7%
Return on equity, average16.7%15.5%14.0%12.0%

Compounded growth is the latest fiscal year over the year that many years earlier, annualised; the TTM column is the last four quarters over the four before. Return on equity is net income over shareholders' equity at each year end, averaged over the window (the TTM column is the latest year alone); equity is the parent's shareholders' equity as tagged in the 10-K. Arithmetic on filed numbers, nothing forecast.

Peers: Pumps & Pumping Equipment

CompanyMarket capP/EROEOp. marginSales growth
TTM
Debt to equityDiv. yield
Xylem Inc. XYL$25.0 billion25.539.8%14.5%4.5%0.281.5%
Idex Corp. IEX$16.4 billion32.0213.0%20.7%7.3%0.471.3%

The names on this site in the same industry (the SEC's SIC description), by market capitalisation. Each figure is the same arithmetic as the ratio box above, on each company's own filings and latest close.

Filings

FilingPeriodFiledWhere
10-Q30 June 202629 July 2026EDGAR
10-Q31 March 202629 April 2026EDGAR
10-K31 December 202519 February 2026EDGAR
10-Q30 September 202529 October 2025EDGAR
10-Q30 June 202530 July 2025EDGAR
10-Q31 March 20251 May 2025EDGAR
10-K31 December 202420 February 2025EDGAR
10-Q30 September 202430 October 2024EDGAR
10-Q30 June 20241 August 2024EDGAR
10-Q31 March 202424 April 2024EDGAR

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