IEX · NYSE · Industrial - Machinery

IDEX

Makes specialized fluid-handling, scientific, and fire-rescue equipment through autonomous industrial businesses.

$230.28
After-hours close+0.12 (+0.05%)
At close$230.16(−1.63%)
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Profile

IDEX CorporationIEXIndustrials

Makes specialized pumps, meters, valves, scientific fluidics, optics, sealing products, firefighting and rescue equipment, and colorant-dispensing and clamping systems. Revenue comes from selling engineered components and applied solutions across its operating segments, while largely autonomous businesses share an acquisition-led operating model.

Designs specialized components for niche industrial markets. Health & Science Technologies supplies precision fluidics, optics and photonics, sealing and pneumatic products, and material-processing systems. Fluid & Metering Technologies makes pumps, valves, meters and monitoring systems for industrial, water, energy and agricultural applications. Fire & Safety/Diversified Products adds firefighting and rescue equipment, colorant-dispensing systems and BAND-IT clamps.

Operates more than 50 largely autonomous businesses, using the IDEX operating model to prioritize customers, improve operations and integrate acquisitions. Pairs specialized product design and engineering with customization, timely delivery and post-sale support. Sales are divided roughly evenly between the United States and international markets, with facilities across Europe, Asia and the Americas. Growth relies partly on finding, acquiring and integrating specialized manufacturers; performance also depends on industrial demand, trade rules and access to raw materials and components.

Company facts

CEOEric D. Ashleman
ListedJun 2, 1989
ExchangeNYSE
HeadquartersNorthbrook, IL
CountryUnited States
Employees8,700
CIK0000832101
ISINUS45167R1041

Key statistics

Market cap$16.98B
EPS (ttm)$6.95
P/E (ttm)33.13
ROE12.9%
P/B4.25
P/S4.73
Dividend yield1.25%
Beta0.69vs XLI 0.84

Year to date +28.5% · Average volume (30d) 669.8K

Analysts

Price target, next 12 months$259.00+12.5%Median of 29 analysts · vs the Aug 28 close
ConsensusBuy15 of 29 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
Aug 12, 2026MizuhoUpgradeNeutralOutperform
Aug 11, 2026Mizuho SecuritiesTarget$185$280
Aug 6, 2026DA DavidsonReiterateNeutral$180$240
Jul 30, 2026OppenheimerReiterateOutperform$250$265
Jul 30, 2026Stifel NicolausTarget$257$268

Earnings

EPS

Estimate$2.22
ReportedDue Oct 28, 2026

Revenue

Estimate$929.9M
ReportedDue Oct 28, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 29, 2026Q2 FY26$2.11$2.32+10.0%$905.4M$920.6M+1.7%+2.17%
Apr 29, 2026Q1 FY26$1.78$2.00+12.4%$845.6M$886.9M+4.9%+0.23%
Feb 4, 2026Q4 FY25$2.04$2.10+2.9%$882.3M$899.1M+1.9%+0.33%
Oct 29, 2025Q3 FY25$1.93$2.03+5.2%$861.4M$878.7M+2.0%−1.79%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$814.3M$865.4M$878.7M$899.1M$886.9M$920.6M
Gross profit$368.9M$392.2M$390.6M$387.1M$398.1M$426.8M
Operating income$160.2M$190.2M$185.8M$186.0M$172.4M$199.9M
Net income$95.5M$131.6M$127.8M$128.3M$120.0M$143.4M
Diluted EPS$1.26$1.74$1.70$1.71$1.61$1.93
Gross margin45.3%45.3%44.5%43.1%44.9%46.4%
Operating margin19.7%22.0%21.1%20.7%19.4%21.7%

Fiscal years (4-quarter sums)FY21 $2.76B · FY22 $3.18B · FY23 $3.27B · FY24 $3.27B · FY25 $3.46B

Revenue by product · Q2 FY26

Health And Science Technologies$415.0M · 45%
Fluid And Metering Technologies$317.1M · 34%
Fire And Safety Diversified Products$189.9M · 21%

Revenue by geography · Q2 FY26

Europe$221.9M · 54%
Asia$156.2M · 38%
North America, Excluding United States$31.8M · 8%

Balance sheet, Jun 30, 2026Cash & short-term investments $621.3M · Total debt $1.89B · Total assets $6.93B · Shareholders' equity $4.01B

Dividends

Next ex-date
Oct 6, 2026
estimated · in 38 days
Annual dividend
$2.88
per share
Dividend yield
1.25%
Schedule
Quarterly
4 payments a year

Raised for 30 straight years — most recently to $0.73 from $0.71 in May 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jul 6, 2026Jul 6Jul 24$0.73
May 22, 2026May 22Jun 5$0.73raised from $0.71
Jan 16, 2026Jan 16Jan 30$0.71
Oct 10, 2025Oct 10Oct 24$0.71
Jul 11, 2025Jul 11Jul 25$0.71
May 19, 2025May 19May 30$0.71raised from $0.69
Jan 17, 2025Jan 17Jan 31$0.69
Oct 11, 2024Oct 11Oct 25$0.69
View details

Ownership

Institutions 134.08%Insiders 0.22%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 73.72M · Float 73.53M · 99.8% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
BlackRock, Inc.5.73M7.78%13FAug 7, 2026
Vanguard Capital Management LLC4.84M6.57%13FAug 13, 2026
Vanguard Portfolio Management LLC3.73M5.07%13FAug 13, 2026
State Street Corp3.32M4.50%13FAug 7, 2026
Primecap Management Co/CA/3.30M4.48%13FAug 14, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 12, 2026Lisa M. Andersonofficer: SVP, GC, CAO & Corp Sec−385$238.59
May 11, 2026Eric D. Ashlemandirector, officer: CEO and President−15,385$215.22
Nov 5, 2025Carl R. Christensondirector+600$169.41
View details

Peers

  • Dover

    Named FMT rival; Dover PSG competes across AODD, gear, and LPG pump lines.

  • Danaher

    Pall filtration and Cytiva bioprocessing compete head-to-head with IDEX HST.

  • Ingersoll Rand

    Named FMT rival; PST's Milton Roy and ARO compete in metering and AODD pumps.

  • AMETEK

    Serial industrial acquirer; EIG instruments overlap IDEX HST analytical markets.

  • Graco

    Named FSDP rival via Corob; Process segment contests IDEX FMT specialty pumps.

  • Nordson

    Medical fluid components and precision dispensing compete with IDEX HST and FMT.

CompareAfter-hours close

CompanyPriceChange
IDEX$230.28+0.05%$16.98B33.125.24.7+6.4%
Dover$199.49+0.43%$26.76B24.017.63.2+6.9%
Danaher$215.50−0.25%$151.89B38.424.36.0+5.5%
Ingersoll Rand$78.58+0.01%$30.75B32.321.53.9+8.5%
AMETEK$236.99+0.31%$54.15B34.527.16.9+15.0%
Graco$79.30+0.01%$12.84B25.023.55.7+3.3%
Nordson$324.59+0.01%$18.09B32.825.86.1+10.3%
Median32.623.95.9+7.7%