IDEX Corporation (IEX): financials, SEC filings and peers
IDEX Corporation (IEX) is an industrial machinery & supplies & components company in the Industrials sector of the S&P 500, headquartered in Northbrook, Illinois.
It was founded in 1988 and joined the S&P 500 on August 9, 2019.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Pumps & Pumping Equipment”.
IDEX Corporation at a glance
- Revenue (12 months)
- $3.7B
- Revenue growth
- +6.9%
- Operating margin
- 20.9%
- Net income (12 months)
- $536M
- Free cash flow (12 months)
- $667M
- Cash
- $602M
- Debt
- $1.8B
- Diluted EPS (12 months)
- $7.20
Twelve months to September 30, 2026, from the 10-Q filed October 28, 2026.
Latest twelve months
Over the twelve months to September 30, 2026, IDEX Corporation reported revenue of $3.7 billion, about the same as a year earlier (+6.9%).
Its operating margin was 20.9%: for every $100 of sales, about $21 was left as operating profit.
Net income was $536 million (14.6% of revenue), 12.1% higher than a year earlier.
Operating cash flow was $753 million and capital spending $86 million, leaving free cash flow of $667 million (18.2% of revenue).
At the end of the period it held $602 million in cash and $1.8 billion in debt, a net debt position of $1.2 billion.
The diluted share count fell 1.6% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $2.4 billion in fiscal 2020 to $3.5 billion in fiscal 2025, about 8.0% a year.
- Operating margin has been steady, around 20.2%.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.2B | $3.3B | $3.3B | $3.5B |
| Revenue growth | 17.6% | 15.1% | 2.9% | -0.2% | 5.8% |
| Operating margin | 23.0% | 23.6% | 22.4% | 20.7% | 20.2% |
| Net income | $449M | $587M | $596M | $505M | $483M |
| Free cash flow | $493M | $489M | $627M | $603M | $617M |
| Diluted EPS | $5.88 | $7.71 | $7.85 | $6.64 | $6.41 |
Fiscal years as reported in IDEX Corporation’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 10-Q filed October 28, 2026 — quarterly report
- 8-K filed October 28, 2026 — Earnings results
- 8-K filed September 3, 2026 — Material agreement; New debt obligation
- 8-K filed August 17, 2026 — Executive or director change
- 10-Q filed July 29, 2026 — quarterly report
- 8-K filed July 29, 2026 — Earnings results
- 8-K filed May 8, 2026 — Shareholder vote results
- 10-Q filed April 29, 2026 — quarterly report
Companies like IDEX Corporation
Other S&P 500 companies in Industrial Machinery & Supplies & Components:
- DOVDover CorporationDowners Grove, Illinois
- FTVFortiveEverett, Washington
- GWWW. W. GraingerLake Forest, Illinois
- HUBBHubbell IncorporatedShelton, Connecticut
- IRIngersoll RandDavidson, North Carolina
- ITWIllinois Tool WorksGlenview, Illinois
- NDSNNordson CorporationWestlake, Ohio
- OTISOtis WorldwideFarmington, Connecticut
More from Industrials
Questions about IDEX Corporation
Is IDEX Corporation's revenue growing?
Yes. Revenue for the twelve months to September 30, 2026 was $3.7 billion, up 6.9% from a year earlier, according to its SEC filings.
Is IDEX Corporation profitable?
Yes. It earned $536 million in net income over the twelve months to September 30, 2026, a net margin of 14.6%.
Does IDEX Corporation have more cash or more debt?
At September 30, 2026 it had $602 million in cash and $1.8 billion in debt, so more debt than cash.
When did IDEX Corporation last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on October 28, 2026.
Which companies are similar to IDEX Corporation?
In the S&P 500, IDEX Corporation is grouped in Industrial Machinery & Supplies & Components within the Industrials sector. Dover Corporation (DOV), Fortive (FTV), W. W. Grainger (GWW), Hubbell Incorporated (HUBB), Ingersoll Rand (IR) are in the same group.
Understand the numbers
Source: IDEX Corporation’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved November 11, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.