📊 IEX Key Takeaways
Is Idex Corp. /DE/ (IEX) a Good Investment?
IDEX demonstrates solid operational fundamentals with strong profitability margins (20.2% operating margin, 14.0% net margin) and excellent cash generation (FCF of $616.8M representing 17.8% of revenue). The company maintains a healthy balance sheet with conservative leverage (0.45x debt/equity) and exceptional interest coverage (40.0x), supporting financial flexibility despite flat revenue growth.
IDEX shows high-quality fundamentals with strong margins, durable free cash flow generation, and a conservative balance sheet supported by ample liquidity and manageable leverage. The main limitation is muted top-line and earnings growth, but the company’s profitability, cash conversion, and financial resilience support a favorable fundamental outlook.
Why Buy Idex Corp. /DE/ Stock? IEX Key Strengths
- Strong free cash flow generation at $616.8M with 17.8% FCF margin indicates operational efficiency and cash conversion
- Excellent liquidity position with 2.86x current ratio and 2.02x quick ratio, providing substantial financial cushion
- High profitability margins across all levels (gross 44.5%, operating 20.2%, net 14.0%) demonstrate pricing power and cost control
- Conservative capital structure with 0.45x debt/equity ratio and exceptional 40.0x interest coverage provides financial stability
- Strong profitability with 44.5% gross margin, 20.2% operating margin, and 14.0% net margin
- Healthy financial position with 2.86x current ratio, 0.45x debt/equity, and 40.0x interest coverage
- Robust cash generation with $616.8M in free cash flow and a 17.8% FCF margin
IEX Stock Risks: Idex Corp. /DE/ Investment Risks
- Flat revenue growth (0.0% YoY) suggests market maturity or competitive pressure in pumps & equipment sector without organic growth
- Declining diluted EPS (-3.5% YoY) despite stable net income indicates potential share issuance or dilution impact
- Modest ROE of 12.0% and ROA of 7.0% raise questions about capital efficiency relative to the earnings base
- Capital expenditure of only $63.6M (1.8% of revenue) may be insufficient for long-term competitive positioning and innovation
- Revenue growth has stalled at 0.0% YoY, indicating limited near-term expansion
- Diluted EPS declined 3.5% YoY despite stable net income, suggesting pressure from share count or below-the-line factors
- Returns are solid but not exceptional for a high-margin industrial business, with ROE at 12.0% and ROA at 7.0%
Key Metrics to Watch
- Revenue growth acceleration - need to see positive YoY growth to validate market demand
- Operating margin sustainability - monitor if 20.2% margin can be maintained amid potential price competition
- Free cash flow conversion rate - track if FCF remains above 15% of revenue to fund growth investments and shareholder returns
- Capital expenditure trends - watch for increased R&D and CapEx to support future growth initiatives
- Organic revenue growth and operating income expansion
- Free cash flow conversion and EPS growth
Idex Corp. /DE/ (IEX) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Strong liquidity with a 2.86x current ratio provides a solid financial cushion.
IEX Profit Margin, ROE & Profitability Analysis
IEX vs Industrial Sector: How Idex Corp. /DE/ Compares
How Idex Corp. /DE/ compares to Industrial sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Idex Corp. /DE/ Stock Overvalued? IEX Valuation Analysis 2026
Based on fundamental analysis, Idex Corp. /DE/ has mixed fundamental signals relative to the Industrial sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Idex Corp. /DE/ Balance Sheet: IEX Debt, Cash & Liquidity
IEX Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Idex Corp. /DE/'s revenue has grown significantly by 25% over the 5-year period, indicating strong business expansion. The most recent EPS of $7.85 reflects profitable operations.
IEX Revenue Growth, EPS Growth & YoY Performance
IEX Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $798.2M | $119.1M | $1.57 |
| Q2 2025 | $807.2M | $131.6M | $1.74 |
| Q1 2025 | $800.5M | $95.5M | $1.26 |
| Q3 2024 | $793.4M | $119.1M | $1.57 |
| Q2 2024 | $807.2M | $138.6M | $1.82 |
| Q1 2024 | $800.5M | $121.4M | $1.60 |
| Q3 2023 | $793.4M | $178.7M | $2.36 |
| Q2 2023 | $796.1M | $138.2M | $1.81 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Idex Corp. /DE/ Dividends, Buybacks & Capital Allocation
IEX SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Idex Corp. /DE/ (CIK: 0000832101)
📋 Recent SEC Filings
❓ Frequently Asked Questions about IEX
What is the AI rating for IEX?
Idex Corp. /DE/ (IEX) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are IEX's key strengths?
Claude: Strong free cash flow generation at $616.8M with 17.8% FCF margin indicates operational efficiency and cash conversion. Excellent liquidity position with 2.86x current ratio and 2.02x quick ratio, providing substantial financial cushion. ChatGPT: Strong profitability with 44.5% gross margin, 20.2% operating margin, and 14.0% net margin. Healthy financial position with 2.86x current ratio, 0.45x debt/equity, and 40.0x interest coverage.
What are the risks of investing in IEX?
Claude: Flat revenue growth (0.0% YoY) suggests market maturity or competitive pressure in pumps & equipment sector without organic growth. Declining diluted EPS (-3.5% YoY) despite stable net income indicates potential share issuance or dilution impact. ChatGPT: Revenue growth has stalled at 0.0% YoY, indicating limited near-term expansion. Diluted EPS declined 3.5% YoY despite stable net income, suggesting pressure from share count or below-the-line factors.
What is IEX's revenue and growth?
Idex Corp. /DE/ reported revenue of $3.5B.
Does IEX pay dividends?
Idex Corp. /DE/ pays dividends, with $212.6M distributed to shareholders in the trailing twelve months.
Where can I find IEX SEC filings?
Official SEC filings for Idex Corp. /DE/ (CIK: 0000832101) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is IEX's EPS?
Idex Corp. /DE/ has a diluted EPS of $6.41.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is IEX a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Idex Corp. /DE/ has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is IEX stock overvalued or undervalued?
Valuation metrics for IEX: ROE of 12.0% (sector avg: 15%), net margin of 14.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.
Should I buy IEX stock in 2026?
Our dual AI analysis gives Idex Corp. /DE/ a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is IEX's free cash flow?
Idex Corp. /DE/'s operating cash flow is $680.4M, with capital expenditures of $63.6M. FCF margin is 17.8%.
How does IEX compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 14.0% (avg: 10%), ROE 12.0% (avg: 15%), current ratio 2.86 (avg: 1.8).