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What this page is: Delvantic's full research page for IDEX Corporation (IEX) — AI-driven forensic equity research: mechanical valuation models (DCF, EPV, anchored-PE, scenario) plus three independent AI lenses (Quality / Value / Sentiment). Everything below is rendered server-side; you are not missing content that requires JavaScript. All scores are predictions and research opinions, not financial advice.
Page map (sections in order; each card carries a stable
reference-name attribute you can cite):
profile-header/price-overview— company profile, live quote, market capextended-analysis— the core: three AI lens reads with findings, scores, and the analyst memofuture-predictions— our forward price-band predictionsmarket-narrative/ai-findings/gpt-critique— narrative context, cross-model findings, and an adversarial critique of our own analysis (near the end of the document)- Members-only sections (render as login gates for anonymous readers):
price-history,income-trend,key-metrics,financials(statement tables),insider-trading. The analysis above is public; the raw data tables require a free account.
More for machine readers: site briefing at
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any ticker resolves at delvantic.com/stock/TICKER ·
raw inputs are public-company filings and market data (via licensed data feeds);
every model, score, lens read, and prediction on this page is Delvantic's own analysis.
IDEX Corporation
IEX NYSE
Industrials · Specialty Industrial Machinery
Northbrook, IL 60062, United States
idexcorp.com
Price
$238.45
Market Cap
$17.7B
Employees
8,700
Beta
0.98
Avg Volume
678,914
Last Dividend
$2.88
CEO
Mr. Eric D. Ashleman
IDEX Corporation is a global engineered products company that designs and manufactures specialized components and systems for critical industrial and scientific applications. The company focuses on providing mission‑critical solutions through three primary business segments: Health & Science Technologies, Fluid & Metering Technologies, and Fire & Safety/Diversified Products. Its portfolio includes precision fluidics and optics for life science instrumentation, as well as pumps, valves, flow meters, compressors, and related equipment used by original equipment manufacturers and end users across sectors such as chemical processing, food and beverage, water, energy, and industrial infrastructure. In fire and safety markets, IDEX Corporation offers truck‑mounted fire pumps, valves, nozzles, monitoring and control systems, lighting, and hydraulic rescue tools that support emergency response, fire suppression, and municipal services. Headquartered in Northbrook, Illinois and operating through more than 50 businesses worldwide, IDEX Corporation plays an important role in enabling reliable processes in life sciences, industrial production, and public safety by supplying highly engineered, application‑specific products.
Runs with full report
Earnings Schedule
Checked daily · calendar updated Aug 13 No upcoming print on the calendar yet — companies typically confirm a few weeks ahead. Last print was Jul 29, 2026.
EPS surprise history — vs analyst consensus · 5 prints of vendor history
+9.8%
Jan '26
+16.1%
Jan '26
+2.9%
Feb '26
+13.0%
Apr '26
+10.0%
Jul '26
| Print date | EPS est. | EPS actual | Revenue est. | Revenue actual |
|---|---|---|---|---|
| Jul 29, 2026 | $2.11 | $2.32 +10.0% | — | — |
| Apr 29, 2026 | $1.77 | $2.00 +13.0% | — | — |
| Feb 4, 2026 | $2.04 | $2.10 +2.9% | — | — |
| Jan 23, 2026 | $1.61 | $1.87 +16.1% | — | — |
| Jan 7, 2026 | $1.94 | $2.13 +9.8% | — | — |
Green = beat the estimate, red = missed. An earnings print is the fastest way a thesis changes — our designations should be re-read after each one.
Recent SEC Filings
| Filed | Form | Document |
|---|---|---|
| Aug 13, 2026 | 4 | View |
| Aug 12, 2026 | 144 | View |
| Jul 29, 2026 | 10-Q | View |
| Jul 29, 2026 | 8-K | View |
| May 28, 2026 | SD | View |
| May 15, 2026 | SCHEDULE 13G/A | View |
| May 13, 2026 | 4 | View |
| May 11, 2026 | 144 | View |
| May 8, 2026 | 4 | View |
| May 8, 2026 | 4 | View |
| May 8, 2026 | 4 | View |
| May 8, 2026 | 4 | View |
Filings link to the SEC’s EDGAR system. Annual/quarterly reports (10-K, 10-Q, 20-F) carry the full story; 8-K/6-K current reports are the fastest signal that something material happened.
Price Overview
Last updated: Aug 14, 2026 8:31am (just now)
Current data · timestamped when a report runs
$239.13
Change · Aug 14
-1.39 (-0.58%)
Day Range
$237.73 – $241.58
52-Week Range
$158.19 – $243.80
50-Day MA
$225.29
200-Day MA
$200.85
Volume
376,299.00
Share Structure
Outstanding
74,300,000.00
Float
69,985,246.00
Free Float
94.2%
High free float
— 94.2% of shares trade freely, ~5.8% held by insiders/institutions
Very liquid — most shares trade freely. Low insider ownership can mean less management alignment, but makes large position sizing straightforward.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
TD Twelve Data statement
HEX SEC filing
P/E Ratio (Price per dollar of earnings)
HEXStock Price / EPS (Diluted)
37.20
Stock Price: $238.45
EPS (Diluted): 6.41
EPS (Diluted): 6.41
P/B Ratio (Price vs net asset value)
HEXStock Price / Book Value Per Share
4.46
Stock Price: $238.45
Total Equity: $4.03B
Shares: 75,300,000
Total Equity: $4.03B
Shares: 75,300,000
EV/EBITDA (Total value vs operating profit)
HEXEnterprise Value / EBITDA
20.85
Market Cap: $17.73B
Total Debt: $1.82B
Cash: $580.00M
EBITDA: $905.80M
Total Debt: $1.82B
Cash: $580.00M
EBITDA: $905.80M
Enterprise Value (Takeover price (cap + debt - cash))
HEXMarket Cap + Total Debt - Cash
$18.9B
Market Cap: $17.73B
Total Debt: $1.82B
Cash: $580.00M
Total Debt: $1.82B
Cash: $580.00M
Gross Margin (Revenue left after direct costs)
HEXGross Profit / Revenue
44.5%
Gross Profit: $1.54B
Revenue: $3.46B
Revenue: $3.46B
Operating Margin (Revenue left after all operations)
HEXOperating Income / Revenue
20.2%
Operating Income: $699.30M
Revenue: $3.46B
Revenue: $3.46B
Net Margin (Revenue left as actual profit)
HEXNet Income / Revenue
14.0%
Net Income: $483.20M
Revenue: $3.46B
Revenue: $3.46B
ROE (Profit from shareholder equity)
HEXNet Income / Total Equity
12.0%
Net Income: $483.20M
Total Equity: $4.03B
Total Equity: $4.03B
ROIC (Profit from all invested capital)
HEXNOPAT / Invested Capital
10.1%
Operating Income: $699.30M
Tax Rate: 23.7%
Equity: $4.03B
Total Debt: $1.82B
Cash: $580.00M
Tax Rate: 23.7%
Equity: $4.03B
Total Debt: $1.82B
Cash: $580.00M
Current Ratio (Can it pay short-term bills)
HEXCurrent Assets / Current Liabilities
2.86
Current Assets: $1.64B
Current Liabilities: $575.40M
Current Liabilities: $575.40M
Debt/Equity (Leverage — debt vs equity)
HEXTotal Debt / Total Equity
0.45
Short-Term Debt: $700,000
Long-Term Debt: $1.82B
Total Debt: $1.82B
Total Equity: $4.03B
Long-Term Debt: $1.82B
Total Debt: $1.82B
Total Equity: $4.03B
Rev/Share (Top-line per share)
HEXRevenue / Shares Outstanding
$45.92
Revenue: $3.46B
Shares: 75,300,000
Shares: 75,300,000
Book Value/Share (Net assets per share)
HEX(Total Assets - Total Liabilities) / Shares
$53.47
Total Equity: $4.03B
Shares: 75,300,000
Shares: 75,300,000
FCF/Share (Real cash generated per share)
HEX(Operating Cash Flow + CapEx) / Shares
$8.19
Operating CF: $680.40M
CapEx: -$63.60M
Shares: 75,300,000
CapEx: -$63.60M
Shares: 75,300,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
TDLast Annual Dividend / Stock Price
1.2%
Last Dividend: $2.88
Stock Price: $238.45
Stock Price: $238.45
Payout Ratio (Earnings paid out as dividends)
HEXDividends Paid / Net Income
44.0%
Dividends Paid: -$212.60M
Net Income: $483.20M
Net Income: $483.20M
Income Statement (Annual)
Last updated: Aug 14, 2026 8:31am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $2.8B | $3.2B | $3.3B | $3.3B | $3.5B |
| Cost of Revenue | $1.5B | $1.8B | $1.8B | $1.8B | $1.9B |
| Gross Profit | $1.2B | $1.4B | $1.4B | $1.4B | $1.5B |
| Operating Expenses | $587.5M | $675.5M | $714.4M | $768.0M | $839.5M |
| Operating Income | $637.0M | $751.4M | $732.5M | $677.2M | $699.3M |
| Net Income | $449.4M | $586.9M | $596.1M | $505.0M | $483.2M |
| EBITDA | $740.0M | $871.1M | $884.6M | $852.8M | $905.8M |
| EPS | $5.91 | $7.74 | $7.87 | $6.66 | $6.41 |
| EPS (Diluted) | $5.88 | $7.71 | $7.85 | $6.64 | $6.41 |
Balance Sheet (Annual)
Last updated: Aug 14, 2026 8:31am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $855.4M | $430.2M | $534.3M | $620.8M | $580.0M |
| Total Current Assets | $1.7B | $1.4B | $1.4B | $1.6B | $1.6B |
| Total Assets | $4.9B | $5.5B | $5.9B | $6.7B | $6.9B |
| Current Liabilities | $480.0M | $543.6M | $500.3M | $629.7M | $575.4M |
| Long-Term Debt | $1.2B | $1.5B | $1.3B | $1.9B | $1.8B |
| Total Liabilities | $2.1B | $2.5B | $2.3B | $3.0B | $2.9B |
| Total Equity | $2.8B | $3.0B | $3.5B | $3.8B | $4.0B |
| Retained Earnings | $3.1B | $3.5B | $3.9B | $4.2B | $4.5B |
Cash Flow (Annual)
Last updated: Aug 14, 2026 8:31am (just now)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $565.3M | $557.4M | $716.7M | $668.1M | $680.4M |
| Capital Expenditure | -$72.7M | -$68.0M | -$89.9M | -$65.1M | -$63.6M |
| Free Cash Flow | $492.6M | $489.4M | $626.8M | $603.0M | $616.8M |
| Acquisitions (net) | -$577.4M | -$945.6M | -$311.8M | -$984.5M | -$76.2M |
| Net Debt Issued / (Repaid) | $149.3M | $200.0M | -$150.0M | $446.7M | -$100.0M |
| Dividends Paid | -$161.1M | -$177.4M | -$190.7M | -$205.3M | -$212.6M |
| Stock Buybacks | $0 | -$148.1M | -$24.2M | $0 | -$247.8M |
| Net Change in Cash | -$170.5M | -$425.2M | $104.1M | $104.6M | -$53.0M |
Growth Trends (YoY %)
Last updated: Aug 14, 2026 8:31am (just now)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +15.1% | +2.9% | -0.2% | +5.8% |
| Gross Profit Growth | +16.5% | +1.4% | -0.1% | +6.5% |
| Operating Income Growth | +18.0% | -2.5% | -7.5% | +3.3% |
| Net Income Growth | +30.6% | +1.6% | -15.3% | -4.3% |
| EBITDA Growth | +17.7% | +1.5% | -3.6% | +6.2% |
Dividend History (Last 20)
Last updated: Aug 13, 2026 12:48pm (19h ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-07-06 | $0.73 | — | — | — |
| 2026-05-22 | $0.73 | — | — | — |
| 2026-01-16 | $0.71 | — | — | — |
| 2025-10-10 | $0.71 | — | — | — |
| 2025-07-11 | $0.71 | — | — | — |
| 2025-05-19 | $0.71 | — | — | — |
| 2025-01-17 | $0.69 | — | — | — |
| 2024-10-11 | $0.69 | — | — | — |
| 2024-07-12 | $0.69 | — | — | — |
| 2024-05-16 | $0.69 | — | — | — |
| 2024-01-11 | $0.64 | — | — | — |
| 2023-10-12 | $0.64 | — | — | — |
| 2023-07-13 | $0.64 | — | — | — |
| 2023-06-08 | $0.64 | — | — | — |
| 2023-01-12 | $0.60 | — | — | — |
| 2022-10-13 | $0.60 | — | — | — |
| 2022-07-14 | $0.60 | — | — | — |
| 2022-05-16 | $0.60 | — | — | — |
| 2022-01-13 | $0.54 | — | — | — |
| 2021-10-14 | $0.54 | — | — | — |
Industry Benchmarks
Compares IEX against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for IEX — it's generated by the pipeline (
market-narrative step).
Claude Reading
No AI findings yet for IEX — they're generated by the
pipeline (
ai-findings step) when a report is run on this ticker.
GPT Reading
No GPT reading yet for IEX — it's generated by the
pipeline (
gpt-critique step) after the other Big-3 seats, when a
report is run on this ticker.
Grok Reading
No Grok reading yet for IEX — it's generated by the
pipeline (
grok-critique step) alongside the other Big-3 seats, when a
report is run on this ticker.
Advanced Analysis Forensic deep-dive · four lenses
No community reviews yet for IEX.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · twelvedata
v1.1.532 · 1ec19de8 · 2026-08-13 17:53:37