IDEX CORP /DE/
Business
IDEX Corporation is a global applied solutions provider serving niche markets with mission-critical components through over 50 wholly-owned subsidiaries. The company designs, manufactures and distributes precision pumps, fluidics, sealing solutions, pneumatic components, optical systems, material processing equipment, flow control products, firefighting equipment, rescue tools and specialty dispensing systems. IDEX operates through three reportable segments: Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety/Diversified Products, serving industrial, life sciences, energy, water, fire suppression, semiconductor, automotive, aviation, chemical and food & beverage markets globally with manufacturing and distribution facilities in over 20 countries.
Summary from 10-K filed 2026-02-19
Financials
Consolidated Statement of Income
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Net sales | 3,458 | 3,269 | 3,274 | 3,182 | 2,765 | |
| Cost of sales | 1,919 | 1,824 | 1,827 | 1,755 | 1,540 | |
| Gross profit | 1,539 | 1,445 | 1,447 | 1,427 | 1,225 | |
| Selling, general and administrative expenses | 819 | 759 | 704 | 653 | 578 | |
| Restructuring expenses and asset impairments | 21 | 9 | 11 | 23 | 9 | |
| Operating income | 699 | 677 | 733 | 751 | 637 | |
| Gain on sale of businesses net | 0 | −4 | −85 | −35 | 0 | |
| Other expense (income) net | 2 | −3 | 5 | −4 | 16 | |
| Interest expense - net | 64 | 45 | 52 | 41 | — | |
| Income before income taxes | 633 | 639 | 760 | 749 | 580 | |
| Provision for income taxes | 150 | 135 | 165 | 163 | 131 | |
| Net income | 483 | 505 | 596 | 587 | 449 | |
| Net loss attributable to noncontrolling interest | 700,000 | 400,000 | 500,000 | 200,000 | 100,000 | |
| Net income attributable to IDEX | 483 | 505 | 596 | 587 | 449 | |
| Basic earnings per common share attributable to IDEX (in dollar per share) | 6.41 | 6.66 | 7.87 | 7.74 | 5.91 | |
| Diluted earnings per common share attributable to IDEX (in dollar per share) | 6.41 | 6.64 | 7.85 | 7.71 | 5.88 | |
| Basic weighted average common shares outstanding (in shares) | 75 | 76 | 76 | 76 | 76 | |
| Diluted weighted average common shares outstanding (in shares) | 75 | 76 | 76 | 76 | 76 |
Consolidated Balance Sheet
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Cash and cash equivalents | 580 | 621 | 534 | 430 | 855 | |
| Receivables net | 522 | 466 | 428 | 443 | 356 | |
| Inventories net | 479 | 430 | 421 | 471 | 370 | |
| Other current assets | 62 | 76 | 63 | 55 | 96 | |
| Total current assets | 1,643 | 1,593 | 1,446 | 1,399 | 1,678 | |
| Property, plant and equipment net | 468 | 460 | 430 | 382 | 327 | |
| Goodwill | 3,415 | 3,252 | 2,838 | 2,638 | 2,168 | |
| Intangible assets net | 1,247 | 1,285 | 1,012 | 948 | 597 | |
| Other noncurrent assets | 154 | 156 | 139 | 145 | 147 | |
| Total assets | 6,927 | 6,745 | 5,865 | 5,512 | 4,917 | |
| Trade accounts payable | 225 | 198 | 180 | 209 | 179 | |
| Accrued expenses | 297 | 279 | 272 | 289 | 260 | |
| Current portion of long-term borrowings | 700,000 | 101 | 600,000 | 0 | — | |
| Dividends payable | 53 | 53 | 49 | 46 | 41 | |
| Total current liabilities | 575 | 630 | 500 | 544 | 480 | |
| Long-term borrowings net | 1,820 | 1,860 | 1,325 | 1,469 | 1,190 | |
| Deferred income taxes | 303 | 267 | 292 | 264 | 196 | |
| Other noncurrent liabilities | 202 | 195 | 207 | 196 | 247 | |
| Total liabilities | 2,901 | 2,951 | 2,324 | 2,472 | 2,114 | |
| Commitments and contingencies (Note 10) | — | — | — | — | — | |
| Authorized: 5.0 million shares, $0.01 per share par value; Issued: None | 0 | 0 | 0 | 0 | 0 | |
| Authorized: 150.0 million shares, $0.01 per share par value Issued: 90.1 million shares at both December 31, 2025 and 2024 | 900,000 | 900,000 | 900,000 | 900,000 | 900,000 | |
| Treasury stock at cost: 15.5 million shares at December 31, 2025 and 14.2 million shares at December 31, 2024 | −1,423 | −1,170 | −1,187 | −1,184 | — | |
| Additional paid-in capital | 892 | 865 | 839 | 817 | 796 | |
| Retained earnings | 4,500 | 4,230 | 3,934 | 3,532 | 3,127 | |
| Accumulated other comprehensive income (loss) | 58 | −131 | −46 | −126 | −70 | |
| Total shareholders equity | 4,028 | 3,795 | 3,541 | 3,039 | 2,803 | |
| Noncontrolling interest | −1 | −600,000 | −200,000 | 300,000 | 0 | |
| Total equity | 4,026 | 3,794 | 3,541 | 3,040 | 2,803 | |
| Total liabilities and equity | 6,927 | 6,745 | 5,865 | 5,512 | 4,917 |
Consolidated Statement of Cash Flows
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2023 2023-12-31 | FY 2022 2022-12-31 | FY 2021 2021-12-31 |
|---|---|---|---|---|---|---|
| Asset Impairments | 700,000 | 100,000 | 800,000 | 17 | — | |
| Credit loss on note receivable from collaborative partner | 0 | 0 | 8 | 0 | 0 | |
| Depreciation | 76 | 69 | 57 | 51 | 47 | |
| Amortization of intangible assets | 131 | 107 | 95 | 69 | 56 | |
| Share-based compensation expense | 27 | 26 | 22 | 22 | 20 | |
| Deferred income taxes | 13 | −19 | −15 | −19 | −6 | |
| Receivables net | −41 | −17 | 21 | −72 | −49 | |
| Inventories net | −34 | 18 | 66 | −72 | −46 | |
| Other current assets | 2 | −100,000 | −7 | −500,000 | 9 | |
| Trade accounts payable | 15 | 9 | −25 | 18 | 23 | |
| Deferred revenue | 3 | −18 | 13 | −25 | 20 | |
| Accrued expenses | 2 | −9 | −35 | 17 | 26 | |
| Other net | 5 | 2 | 5 | 700,000 | 4 | |
| Net cash flows provided by operating activities | 680 | 668 | 717 | 557 | 565 | |
| Capital expenditures | −64 | −65 | −90 | −68 | −73 | |
| Acquisition of businesses, net of cash acquired | −76 | −985 | −312 | −946 | −577 | |
| Proceeds from sale of businesses, net of cash remitted | 0 | 45 | 119 | 49 | 0 | |
| Purchase of marketable securities | 0 | 0 | −29 | 0 | −45 | |
| Proceeds from sale of marketable securities | 0 | 5 | 25 | 40 | 0 | |
| Other net | 2 | −7 | 4 | 7 | −3 | |
| Net cash flows used in investing activities | −138 | −1,007 | −284 | −917 | −698 | |
| Borrowings under revolving credit facilities | 252 | 279 | 0 | 210 | 0 | |
| Payments under revolving credit facilities | −323 | −69 | 0 | −135 | 0 | |
| Proceeds from issuance of long-term borrowings | 0 | 497 | 100 | 200 | 499 | |
| Payment of long-term borrowings | −100 | −50 | −250 | 0 | −350 | |
| Cash dividends paid to shareholders | −213 | −205 | −191 | −177 | −161 | |
| (Payments) proceeds from share issuances, net of shares withheld for taxes | −500,000 | 17 | 22 | — | — | |
| Repurchases of common stock | −248 | 0 | −24 | −148 | 0 | |
| Other net | −800,000 | −2 | −1 | −2 | −5 | |
| Net cash flows (used in) provided by financing activities | −633 | 466 | −345 | −38 | −10 | |
| Effect of exchange rate changes on cash and cash equivalents | 37 | −23 | 16 | −28 | −28 | |
| Net (decrease) increase in cash and cash equivalents and restricted cash | −53 | 105 | 104 | −425 | −171 | |
| Interest | 72 | 47 | 51 | 37 | 36 | |
| Income taxes - net | 135 | 171 | 200 | — | — |
Filings
Material Events
Insiders
Institutional Holders
Frequently asked questions
What is IDEX CORP /DE/'s CIK number?
IDEX CORP /DE/'s SEC CIK number is 0000832101 (832101). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.
Where can I find IDEX CORP /DE/'s SEC filings?
All of IDEX CORP /DE/'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.
When did IDEX CORP /DE/ last report earnings?
IDEX CORP /DE/ (IEX) most recently filed an earnings 8-K with the SEC on Apr 29, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000832101-26-000007). This is IDEX CORP /DE/'s most recent earnings filing of record — not a forecast of its next earnings date.
What is IDEX CORP /DE/'s most recent earnings 8-K?
IDEX CORP /DE/'s latest earnings 8-K (Item 2.02) was filed Apr 29, 2026 under accession 0000832101-26-000007. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.
View IDEX CORP /DE/'s latest earnings 8-K →
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