IDEX Stock Price, News & Analysis

IDEX Corporation (NYSE: IEX) reported its Q1 2025 financial results with mixed performance. The company achieved record orders of $872M, up 6% (1% organically). Sales reached $814 million, increasing 2% but declining 1% organically. Reported diluted EPS was $1.26 (down 21%) and adjusted EPS was $1.75 (down 7%). The company is maintaining its full-year organic sales growth guidance and announced an additional $20M in cost containment actions to address potential tariff-related pressures. For full-year 2025, IDEX expects GAAP diluted EPS of $6.56-$6.95 and organic sales growth of 1-3%. The company's HST segment benefited from a significant clean water project win from Mott, while experiencing some softness in semiconductor and industrial businesses.

IDEX (NYSE:IEX) has announced it will release its first quarter 2025 financial results on Thursday, May 1, 2025, before market open. The company will host an investor conference call and webcast at 8:00 a.m. (CT) featuring CEO Eric Ashleman and CFO Abhi Khandelwal.

IDEX is a global manufacturing company with $3.3 billion in annual sales and approximately 9,000 employees worldwide. The company operates more than 50 diverse businesses across 20+ countries, specializing in engineered products and mission-critical components including microchip components, water treatment solutions, optics for satellite communications, specialized pumps, and emergency rescue equipment like the Hurst Jaws of Life®.

Helios Technologies (NYSE: HLIO) is celebrating a significant 15-year partnership between its Electronics segment Enovation Controls and IDEX Fire & Safety. Throughout this collaboration, Enovation Controls has provided advanced display and software technologies, evolving from PowerView® 450 and 750 displays to the current PowerView® 1100 and 700 displays.

These displays are integral components of IDEX's SAM waterflow control system, a revolutionary advancement in firefighting technology that automates complex pump operations. The system enables firefighters to focus on critical tasks by streamlining pump management, reducing setup time, and enabling swift waterflow during emergencies.

Sean Bagan, President, CEO and CFO of Helios, emphasized their commitment to supporting IDEX Fire & Safety's mission of enhancing safety and performance for first responders worldwide through innovative and reliable technology.

IDEX (NYSE: IEX) has announced significant changes to its Board of Directors. The company has appointed Stephanie Disher, CEO of Atmus Filtration Technologies, and Matthijs Glastra, Chair and CEO of Novanta Inc., to its Board, effective February 21, 2025. These appointments will increase the Board size from 10 to 12 directors.

Disher will serve on the Nominating and Corporate Governance Committee, while Glastra joins the Audit Committee. Both bring extensive global leadership experience - Disher in finance and operations from her roles at Atmus, Cummins, and BP, and Glastra in international operations, innovation, M&A, and strategy from Novanta and Philips.

Additionally, David Parry and Livingston Satterthwaite will retire from the Board following the 2025 Annual Meeting of Stockholders and will not seek re-election.

IDEX (IEX) reported Q4 2024 results with record sales of $863 million, up 9% overall and 3% organically compared to Q4 2023. The company achieved Q4 diluted EPS of $1.62 (up 13%) and adjusted diluted EPS of $2.04 (up 11%).

For full-year 2024, IDEX reported sales of $3.3 billion (flat overall, -2% organically), with diluted EPS of $6.64 (down 15%) and adjusted diluted EPS of $7.89 (down 4%). Operating cash flow was $668 million, representing 132% of net income.

Looking ahead to 2025, IDEX projects organic sales growth of 1-3% for the full year, with GAAP diluted EPS guidance of $6.56-$6.96 and adjusted diluted EPS of $8.10-$8.45. However, Q1 2025 organic sales are expected to decrease 3-4% year-over-year.

IDEX (NYSE:IEX) has announced its upcoming fourth quarter earnings conference call, scheduled for Wednesday, February 5, 2025, at 9:30 a.m. CT. The webcast will feature CEO and President Eric Ashleman and CFO Abhi Khandelwal discussing the company's Q4 financial performance.

IDEX, founded in 1988, is a global manufacturing company with approximately $3.3 billion in annual sales and 8,800 employees worldwide. The company operates more than 50 diverse businesses across 20+ countries, specializing in engineered products and mission-critical components for various sectors including microelectronics, water treatment, satellite communications, healthcare, and emergency rescue equipment.

IDEX (NYSE:IEX) has announced its Board of Directors' approval of a regular quarterly cash dividend of $0.69 per common share. The dividend will be paid on January 31, 2025, to shareholders of record as of January 17, 2025. This marks the company's 121st consecutive regular quarterly cash dividend payment, demonstrating a consistent track record of shareholder returns.

IDEX (NYSE: IEX) reported Q3 2024 results with sales of $798 million, up 1% overall and flat organically compared to Q3 2023. The company reported diluted EPS of $1.57, down 43%, and adjusted diluted EPS of $1.90, down 10%. Operating cash flow was $205 million, down 9%. The company completed the acquisition of Mott for $986.2 million and issued $500 million in Senior Notes.

For full-year 2024, IDEX revised its outlook, projecting organic sales decline of 1-2% and adjusted diluted EPS of $7.85-$7.90, compared to previous guidance of $7.80-$7.90. GAAP diluted EPS guidance was lowered to $6.65-$6.70 from $6.85-$6.95.

IDEX (NYSE:IEX) has announced the webcast of its third quarter 2024 earnings conference call on Wednesday, October 30, 2024 at 9:30 a.m. CT. CEO Eric Ashleman and CFO Abhi Khandelwal will discuss the company's financial performance and answer questions. Investors can access the call and presentation slides at https://investors.idexcorp.com/events. An archive and audio replay will be available until November 30, 2024.

IDEX designs and manufactures engineered products and mission-critical components across various industries, including electronics, water treatment, healthcare, and fire and rescue. With approximately $3.3 billion in annual sales, IDEX operates globally with about 8,800 employees and manufacturing facilities in over 20 countries.