Financials · IEX

IDEX Corporation (IEX) financials

For the twelve months ended Sep 30, 2026, IDEX Corporation reported $3.66B of revenue and $535.80M of net income.

Revenue, TTM
$3.66B
Revenue growth, YoY
+6.9%
Net income, TTM
$535.80M
Net income growth, YoY
+12.1%
Net margin
14.6%
Free cash flow, TTM
$667.10M
EPS, diluted, TTM
$7.20
EPS growth, YoY
+14.1%
Cash
$602.10M
Total debt
$1.75B
P/E
31.12
P/S
4.56
Market cap
$16.67B
Annual revenue$3.46B
FY2016FY2025
Annual net income$483.20M
FY2016FY2025
Annual free cash flow$616.80M
FY2016FY2025

IEX revenue and earnings growth

IEX revenueQ3 2026$951.70M

Quarter YoY
+8.3%
QoQ
+3.4%
FY YoY
+5.8%
5Y CAGR
+8.0%
10Y CAGR
+5.5%

IEX revenue was $951.70M in fiscal Q3 2026 (ended Sep 30, 2026), up 8.3% from a year earlier and up 3.4% from the prior quarter. For the full fiscal 2025 it was $3.46B, up 5.8% from fiscal 2024. Compound annual growth was +8.0% over 5 years and +5.5% over 10 years. It rose in 8 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.

IEX net incomeQ3 2026$144.10M

Quarter YoY
+12.8%
QoQ
+0.5%
FY YoY
-4.3%
5Y CAGR
+5.0%
10Y CAGR
+5.5%

IEX net income was $144.10M in fiscal Q3 2026 (ended Sep 30, 2026), up 12.8% from a year earlier and up 0.5% from the prior quarter. For the full fiscal 2025 it was $483.20M, down 4.3% from fiscal 2024. Compound annual growth was +5.0% over 5 years and +5.5% over 10 years. It rose in 6 of the last 10 fiscal years.

IEX EPSQ3 2026$1.95

Quarter YoY
+14.7%
QoQ
+1.0%
FY YoY
-3.5%
5Y CAGR
+5.3%
10Y CAGR
+5.9%

IEX diluted EPS was $1.95 in fiscal Q3 2026 (ended Sep 30, 2026), up 14.7% from a year earlier and up 1.0% from the prior quarter. For the full fiscal 2025 it was $6.41, down 3.5% from fiscal 2024. Compound annual growth was +5.3% over 5 years and +5.9% over 10 years.

IEX free cash flowQ3 2026$214.30M

Quarter YoY
+13.6%
QoQ
+21.1%
FY YoY
+2.3%
5Y CAGR
+3.6%
10Y CAGR
+6.9%

IEX free cash flow was $214.30M in fiscal Q3 2026 (ended Sep 30, 2026), up 13.6% from a year earlier and up 21.1% from the prior quarter. For the full fiscal 2025 it was $616.80M, up 2.3% from fiscal 2024. Compound annual growth was +3.6% over 5 years and +6.9% over 10 years. It rose in 7 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$3.46B$3.27B$3.27B$3.18B$2.76B$2.35B$2.49B$2.48B$2.29B$2.11B
Cost of revenue$1.92B$1.82B$1.83B$1.75B$1.54B$1.32B$1.37B$1.37B$1.26B$1.18B
Gross profit$1.54B$1.45B$1.45B$1.43B$1.22B$1.03B$1.13B$1.12B$1.03B$930.77M
Research and development$70.00M$67.40M$68.40M$61.40M$50.10M$48.20M$56.40M$48.00M$42.40M$39.40M
Selling, general and admin$818.80M$758.70M$703.50M$652.70M$578.20M$494.90M$525.00M$536.72M$524.94M$492.40M
Operating income$699.30M$677.20M$732.50M$751.40M$637.00M$520.70M$579.00M$569.09M$502.56M$412.40M
Interest expense--$51.70M$40.70M$41.00M$44.80M$44.30M$44.13M$44.89M$45.62M
Pre-tax income$632.60M$639.30M$760.30M$749.40M$579.80M$470.30M$532.90M$528.94M$455.27M$368.51M
Income tax$150.10M$134.70M$164.70M$162.70M$130.50M$92.50M$107.40M$118.37M$118.02M$97.40M
Net income$483.20M$505.00M$596.10M$586.90M$449.40M$377.80M$425.50M$410.57M$337.26M$271.11M
EPS, basic$6.41$6.66$7.87$7.74$5.91$4.98$5.62$5.36$4.41$3.57
EPS, diluted$6.41$6.64$7.85$7.71$5.88$4.94$5.56$5.29$4.36$3.53
Diluted shares75.3M75.9M75.9M76.0M76.4M76.4M76.5M77.6M77.3M76.8M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$580.00M$620.80M$534.30M$430.20M$855.40M$1.03B$632.60M$466.40M$375.95M$235.96M
Receivables$511.90M$461.00M$419.00M$431.30M$354.90M$288.30M$298.12M$313.72M$294.17M$272.81M
Inventory$479.40M$429.70M$420.80M$470.90M$370.40M$289.90M$293.47M$280.00M$259.72M$252.86M
Current assets$1.64B$1.59B$1.45B$1.40B$1.68B$1.66B$1.26B$1.09B$1.00B$822.72M
Goodwill$3.41B$3.25B$2.84B$2.64B$2.17B$1.90B$1.78B$1.70B$1.70B$1.63B
Total assets$6.93B$6.75B$5.87B$5.51B$4.92B$4.41B$3.81B$3.47B$3.40B$3.15B
Current liabilities$575.40M$629.70M$500.30M$543.60M$480.00M$399.00M$357.88M$364.66M$360.98M$309.16M
Short-term debt$700.0K$100.70M$600.0K$0$0$100.0K$388.0K$483.0K$258.0K$1.05M
Long-term debt$1.82B$1.86B$1.33B$1.47B$1.19B$1.04B$848.86M$848.34M$858.79M$1.01B
Total debt$1.82B$1.96B$1.33B$1.47B$1.19B$1.04B$849.25M$848.82M$859.05M$1.02B
Total liabilities$2.90B$2.95B$2.32B$2.47B$2.11B$1.87B$1.55B$1.48B$1.51B$1.61B
Shareholders' equity$4.03B$3.79B$3.54B$3.04B$2.80B$2.54B$2.26B$1.99B$1.89B$1.54B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$680.40M$668.10M$716.70M$557.40M$565.30M$569.30M$528.10M$479.35M$432.75M$399.92M
Capital expenditures$63.60M$65.10M$89.90M$68.00M$72.70M$51.60M$50.90M$56.09M$43.86M$38.24M
Free cash flow$616.80M$603.00M$626.80M$489.40M$492.60M$517.70M$477.20M$423.26M$388.89M$361.68M
Investing cash flow-$137.60M-$1.01B-$283.80M-$917.20M-$698.10M-$172.60M-$137.00M-$81.43M-$54.75M-$509.20M
Financing cash flow-$632.60M$465.90M-$344.70M-$37.80M-$9.50M-$42.60M-$227.60M-$290.01M-$277.42M$46.55M
Dividends paid$212.60M$205.30M$190.70M$177.40M$161.10M$151.80M$147.20M$127.48M$111.17M$102.65M
Share repurchases$247.80M$0$24.20M$148.10M$0$110.30M$54.70M$173.93M$29.07M$57.27M
Stock-based compensation$27.30M$25.80M$21.80M$21.60M$20.40M$14.80M$22.10M$24.75M$24.41M$20.33M
Depreciation and amortization--$152.10M$119.70M$103.00M$83.50M$76.90M$77.54M$84.22M$86.89M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY5.8%-0.2%2.9%15.1%17.6%-5.7%0.4%8.6%8.2%4.6%
Net income growth, YoY-4.3%-15.3%1.6%30.6%19.0%-11.2%3.6%21.7%24.4%-4.1%
EPS growth, YoY-3.5%-15.4%1.8%31.1%19.0%-11.2%5.1%21.3%23.5%-2.5%
Gross margin44.5%44.2%44.2%44.8%44.3%43.7%45.1%45.0%44.9%44.0%
Operating margin20.2%20.7%22.4%23.6%23.0%22.1%23.2%22.9%22.0%19.5%
Net margin14.0%15.4%18.2%18.4%16.3%16.1%17.1%16.5%14.7%12.8%
Free cash flow margin17.8%18.4%19.1%15.4%17.8%22.0%19.1%17.0%17.0%17.1%
Return on equity12.0%13.3%16.8%19.3%16.0%14.9%18.8%20.6%17.9%17.6%
Return on assets7.0%7.5%10.2%10.6%9.1%8.6%11.2%11.8%9.9%8.6%
Current ratio2.862.532.892.573.504.153.523.002.782.66
Debt to equity0.450.520.370.480.420.410.380.430.460.66

Source: XBRL data IDEX Corporation files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

IEX peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
IEX$3.66B+6.9%$535.80M14.6%$16.67B
XYL$9.06B+1.9%$1.08B11.9%$22.44B
ITT$5.18B+35.8%$418.20M8.1%$18.38B
GGG$2.31B+5.4%$517.48M22.4%$10.88B
FLS$4.70B+0.2%$254.72M5.4%$10.19B
GRC$722.48M+6.5%$73.73M10.2%$1.79B
AP$428.04M+3.3%-$59.25M-13.8%$121.7M

IEX FAQ

9 questions
  • What is IEX revenue?
    IDEX Corporation (IEX) reported $3.66B of revenue for the twelve months ended Sep 30, 2026. That is up 6.9% from the year before. Revenue for fiscal 2025 was $3.46B.
  • Is IEX profitable?
    Yes. IDEX Corporation earned $535.80M in net income for the twelve months ended Sep 30, 2026, a net margin of 14.6%.
  • How much cash and debt does IEX have?
    IDEX Corporation reported $602.10M in cash and cash equivalents and $1.75B of debt on its most recent balance sheet in SEC filings.
  • How fast is IEX revenue growing?
    IDEX Corporation's revenue changed +5.8% in fiscal 2025, to $3.46B. Its compound annual growth rate was +8.0% over 5 years and +5.5% over 10 years.
  • What is IEX gross margin?
    IDEX Corporation's gross profit was $1.64B on $3.66B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 44.9%.
  • What is IEX free cash flow?
    IDEX Corporation generated $667.10M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $752.70M less capital expenditures.
  • What is IEX earnings per share?
    Diluted earnings per share were $7.20 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did IEX last report financial results?
    The latest statements here come from IDEX Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Sep 30, 2026.
  • Where does this IEX financial data come from?
    Quantisnow builds these statements from the structured XBRL data IDEX Corporation files with the SEC. It is provided for information only and is not investment advice.