IDEX Corporation (IEX) Stock

About IDEX Corporation

IDEX Corporation is an international enterprise specializing in engineered solutions across diverse sectors. The company operates through three primary business units: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT division is responsible for the design, production, and distribution of a range of fluid-handling equipment, including positive displacement pumps, flow meters, and injectors, alongside offering flow monitoring and related services. Its applications span the food, chemical, general industrial, water management, agricultural, and energy industries. Under the HST umbrella, IDEX develops and supplies precision components and systems for health and scientific applications. This includes advanced fluidic devices, various types of pumps (rotary lobe, centrifugal, positive displacement), roll compaction and drying technologies, pneumatic components, and sealing solutions, as well as biocompatible medical devices, optical components, and precision photonic solutions. Key markets for this segment encompass food and beverage, pharmaceutical, cosmetics, marine, chemical, wastewater treatment, life sciences, research, and defense. Finally, the FSDP segment delivers critical equipment for emergency services, such as firefighting pumps, valves, rescue tools, and lifting bags. It also provides engineered stainless steel banding and clamping devices for industrial and commercial use, alongside specialized precision equipment for dispensing, metering, and mixing colorants and paints for retail and commercial clients. IDEX Corporation was founded in 1987 and maintains its headquarters in Northbrook, Illinois.

IDEX Corporation is led by CEO Eric D. Ashleman, employs 8,700 people, headquartered in Northbrook, US, publicly traded since 1989.

IDEX Corporation (IEX) stock trades at $230.43 with a market capitalization of $17.05B. The stock is valued at a price-to-earnings (P/E) ratio of 31.94, price-to-book of 3.76, price-to-sales of 4.31. Over the past 52 weeks the stock has ranged between $157.25 and $230.43, and currently trades at its 52-week high. It pays a dividend yielding 1.38%.

On profitability, IDEX Corporation generates a return on equity (ROE) of 11.99%, return on capital employed of 17.88%, an operating margin of 20.82%, a net profit margin of 14.38%.

In its most recent fiscal year, IDEX Corporation reported annual revenue of $3.5B, net profit of $483.0M, revenue has compounded at 8.0% a year over the last five years, profit at 5.0% a year.

The balance sheet shows a debt-to-equity ratio of 0.46 — a conservative balance sheet with little leverage risk, a current ratio of 2.86, total assets of $6.9B, $580.0M in cash and equivalents.

IEX has an average daily trading volume of 666,431.9 shares, a beta of 0.99.

Official website: www.idexcorp.com