Zacks Investment Research·Jun 22, 2026
Idex (IEX) is a Great Momentum Stock: Should You Buy?Does Idex (IEX) have what it takes to be a top stock pick for momentum investors? Let's find out.
IDEX Corporation(IEX)Earnings, Financials & Key Ratios
IEX•NYSE
$224.46
35.0× P/E·Price updated Jul 6, 2026
AboutIDEX 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.Show more
- Revenue$3.46B+5.8%
- EBITDA$927M+6.2%
- Net Income$483M-4.3%
- EPS (Diluted)6.41-3.5%
- Gross Margin44.51%-4.1%
- EBITDA Margin26.8%+0.4%
- Operating Margin20.82%-2.3%
- Net Margin13.98%-9.5%
- ROE12.36%-10.3%
IEX Price & Volume
IDEX Corporation (IEX) stock price & volume — 10-year historical chart
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Cyclical Revenue Variability Challenges Margin Expansion Sustainability
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Mixed
Profitability:Moderate
Financial:Fortress
Cash Flow:Stable
Primary Risk:Bioprocessing demand volatility
Key Thesis Takeaways
- IDEX Corporation maintains a fortress balance sheet with a 0.46 debt-to-equity ratio, providing significant flexibility for inorganic growth despite the risks associated with its $3.4 billion goodwill concentration.
- While the company leverages its 80/20 operational model to sustain gross margins near 44%, recent stagnation in operating margins suggests that historical efficiency gains may be reaching a plateau.
- Investors should monitor the volatility in bioprocessing demand and the divergence between GAAP net income and cash-generating capacity, as evidenced by the fluctuating OCF/NI ratio which hit 0.86 in 2026Q1.
Verdict Logic
while the company maintains a robust liquidity position with a 3.39 current ratio, the high 35.44 P/E TTM multiple and inconsistent cash conversion suggest limited near-term upside potential.
IEX Growth Metrics
IDEX Corporation (IEX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years5.52%
5 Years8.01%
3 Years2.81%
TTM7.54%
Profit CAGR
10 Years5.5%
5 Years5.04%
3 Years-6.28%
TTM5.97%
EPS CAGR
10 Years5.88%
5 Years5.35%
3 Years-6.01%
TTM7.13%
Return on Capital
10 Years15.62%
5 Years14.1%
3 Years12.74%
Last Year11.55%
IEX Recent Earnings
IDEX Corporation (IEX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 12/12 qtrs (100%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$2.00+13.0%
$1.77
Rev
$887M+4.9%
$846M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$2.10+2.9%
$2.04
Rev
$899M+1.9%
$882M
Q4 2025
Oct 29, 2025Metric
Actual
Est
EPS
$2.03+5.2%
$1.93
Rev
$879M+2.0%
$861M
Q3 2025
Jul 30, 2025Metric
Actual
Est
EPS
$2.07+3.5%
$2.00
Rev
$865M-0.8%
$872M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $2.00vs $1.77+13.0% | $887Mvs $846M+4.9% |
| Q1 2026 | Feb 4, 2026 | $2.10vs $2.04+2.9% | $899Mvs $882M+1.9% |
| Q4 2025 | Oct 29, 2025 | $2.03vs $1.93+5.2% | $879Mvs $861M+2.0% |
| Q3 2025 | Jul 30, 2025 | $2.07vs $2.00+3.5% | $865Mvs $872M-0.8% |
Based on last 12 quarters of dataView full earnings history →
Latest IEX News
Recent stock market news and headlines for IDEX Corporation (IEX)
Business Wire·Jun 17, 2026
IDEX Corporation Declares Regular Quarterly Cash DividendNORTHBROOK, Ill.--(BUSINESS WIRE)-- #dividend--IDEX Corp. (NYSE:IEX) announces a regular quarterly cash dividend of $0.73 per common share, its 127th consecutive such payment.
Peers Comparison
Key metrics vs top competitors for IDEX Corporation (IEX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $224.46 | $16.69B | 35.02 | 5.77% | 13.98% | 12.36% | 1.26% | |
| $364.25 | $37.49B | 25.65 | 12.26% | 21.12% | 8.75% | — | |
| $63.60 | $19.58B | 36.55 | -17.48% | 11.48% | 7.38% | — | |
| $75.53 | $12.21B | 19.07 | 2.28% | 15.97% | 17.74% | — | |
| $119.42 | $28.39B | 30.46 | 5.52% | 10.7% | 8.51% | — | |
| $105.38 | $4.65B | 32.42 | 5.44% | 6.91% | 11.44% | — |
Compare IEX vs Peers
IDEX Corporation (IEX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
IEX SEC Filings & Documents
IDEX Corporation (IEX) SEC filings — annual & quarterly reports (10-K, 10-Q)
8-K Announcements
6Material company update
Apr 29, 2026·SEC
Material company update
Feb 9, 2026·SEC
Material company update
Feb 4, 2026·SEC
10-K Annual Reports
410-Q Quarterly Reports
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IEX Frequently Asked Questions
IDEX Corporation (IEX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is IDEX Corporation's revenue?
IDEX Corporation (IEX) reported $3.53B in revenue for fiscal year 2025. This represents a 527% increase from $562.6M in 1996.
How fast is IDEX Corporation growing?
IDEX Corporation (IEX) grew revenue by 5.8% over the past year. This is steady growth.
Is IEX profitable?
Yes, IDEX Corporation (IEX) is profitable, generating $507.7M in net income for fiscal year 2025 (14.0% net margin).
Dividend & Returns
Does IEX pay dividends?
Yes, IDEX Corporation (IEX) pays a dividend with a yield of 1.26%. This makes it attractive for income-focused investors.
What is IEX's return on equity?
IDEX Corporation (IEX) has a return on equity (ROE) of 12.4%. This is reasonable for most industries.
What is IDEX Corporation's free cash flow?
IDEX Corporation (IEX) generated $611.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.