📊 IEX Key Takeaways
Is Idex Corp. /DE/ (IEX) a Good Investment?
IDEX displays fortress-like financial stability with excellent liquidity and conservative leverage, but faces significant operational headwinds with flat revenue growth and sharply declining return on equity. The company generates solid free cash flow and maintains healthy margins, yet poor capital efficiency (3.0% ROE) and declining EPS suggest structural challenges in its mature pumps & equipment market.
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
- Fortress balance sheet with exceptional liquidity (3.39x current ratio, 2.40x quick ratio)
- Healthy profitability margins (44.9% gross, 19.4% operating, 13.5% net margin)
- Conservative leverage and strong interest coverage (9.9x), indicating low financial distress risk
- Consistent free cash flow generation ($86.0M FCF)
- 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
- Stagnant revenue growth (0.0% YoY) in a commodity equipment sector with limited visibility to acceleration
- Declining diluted EPS (-3.5% YoY) despite flat net income growth suggests shareholder dilution or increased shares outstanding
- Critically low return on equity (3.0%) and ROA (1.7%), indicating severe capital inefficiency relative to its $4.0B equity base
- Mature market exposure with modest insider activity (6 Form 4 filings) provides limited conviction signal
- 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 trajectory and organic growth rates by segment
- Return on Equity trend and management's capital allocation decisions
- Free cash flow and how it is deployed (buybacks vs. acquisitions vs. debt reduction)
- Gross margin sustainability amid cost pressures in manufacturing sector
- 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 3.39x 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 |
|---|---|---|---|
| Q1 2026 | $814.3M | $95.5M | $1.26 |
| 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 |
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 (HOLD) and ChatGPT (BUY) with 73% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are IEX's key strengths?
Claude: Fortress balance sheet with exceptional liquidity (3.39x current ratio, 2.40x quick ratio). Healthy profitability margins (44.9% gross, 19.4% operating, 13.5% net margin). 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: Stagnant revenue growth (0.0% YoY) in a commodity equipment sector with limited visibility to acceleration. Declining diluted EPS (-3.5% YoY) despite flat net income growth suggests shareholder dilution or increased shares outstanding. 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 $886.9M.
Does IEX pay dividends?
Idex Corp. /DE/ pays dividends, with $52.8M 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 $1.61.
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 May 2026, Idex Corp. /DE/ has a BUY rating with 73% 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 3.0% (sector avg: 15%), net margin of 13.5% (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 $103.7M, with capital expenditures of $17.7M. FCF margin is 9.7%.
How does IEX compare to other Industrial stocks?
Vs Industrial sector averages: Net margin 13.5% (avg: 10%), ROE 3.0% (avg: 15%), current ratio 3.39 (avg: 1.8).