Stock Analysis
IDEX CorporationIEX
P/E 33.43×· 5Y range 22.99–42.39×· top 16% of history
Sector: Industrials · Industry: Pumps & Pumping Equipment
AnalystsBuy20 analystsP/E 33.4× sits at the 84th percentile of its 5.086926762491444-year history.
Cash covers 32% of debt · FY 2025.
PMP Verdict
High quality, but expensive
Strengths
- Quality100
- Financial Health87
Risks
- Valuation37
- Growth49
Excellent business. Weak entry price.
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Altman Z 5.6 — safe-zone balance sheet
- ✓Interest coverage 17.1× — debt well covered
What's happening with IEX
Profile
Strong earnings quality, moat and financial health; valuation and growth lag behind.
How is each axis scored?
- Valuation37/100 · Weak
- P/E vs own history (84th pct)0/25
- FCF yield (3.7%)12/25
- P/S (4.8x)20/25
- EV/EBIT (25.1x)5/25
- Growth49/100 · Weak
- Revenue CAGR (5.7%)12/25
- Net income CAGR (1.8%)6/25
- EPS CAGR 5Y (2.2%)6/25
- Fwd implied growth (38.9%)25/25
- Profitability64/100 · Moderate
- ROIC (11.1%)12/25
- ROE (12.9%)12/25
- Net margin (14.5%)20/25
- Operating margin (20.7%)20/25
- Financial Health87/100 · Strong
- Altman Z (5.60)25/25
- Current ratio (2.86)25/25
- Interest coverage (17.1x)25/25
- Net cash / debt (D/A 18%)12/25
- Quality100/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-2.58)25/25
- FCF conversion (123%)25/25
- Margin stability (σ 1.6%)25/25
- Moat90/100 · Strong
- ROIC >12% years (8/10 yrs)20/25
- Median gross margin (44.4%)20/25
- FCF-positive years (10/10 yrs)25/25
- Worst-year net margin (worst 12.8%)25/25
Risk Flags
- ⚠P/E 33.4× at top 16% of 5-year history
About IDEX Corporation
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water. Show more
The firm's business is organized into three segments: fluid and metering technologies, health and science technologies, and fire and safety and diversified products. The company generated $3.5 billion in revenue in 2025.
Headquarters: NORTHBROOK, IL · Employees: 8,700 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
37DP/E (TTM)33.4xC
Grade C: ExpensivePrice / TTM EPS (own statements) — vs own 5Y history: 23.0x–42.4x · 84th pct
P/FCF27.1xB
Grade B: FairPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield3.7%C
Grade C: LowTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 2.6%–4.9% · 51st pct
P/S (TTM)4.84xB
Grade B: FairPrice / TTM Revenue (own statements) — vs own 5Y history: 3.5x–6.9x · 47th pct
EV/EBIT25.1xD
Grade D: ExpensiveEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 19.8x–30.4x · 78th pct
EV/Sales5.2xC
Grade C: ExpensiveEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E24.1xB
Grade B: FairPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio4.31xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio2.70C
Grade C: ExpensiveFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.23%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio41.1%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
64BROIC11.1%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE12.9%C
Grade C: AverageReturn on Equity. Neg. equity = heavy buybacks
ROA7.5%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin14.5%A
Grade A: HighNet Income / Revenue
Operating Margin20.7%C
Grade C: AverageTTM EBIT / TTM Revenue
Gross Margin44.7%C
Grade C: AverageGross Profit / Revenue
FCF Margin17.9%A
Grade A: HighFCF / Revenue
True FCF Margin17.0%A
Grade A: HighTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
49D+Revenue CAGR5.7%C
Grade C: OkCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR1.8%D
Grade D: LowCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)2.2%D
Grade D: LowCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth38.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-3.5%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income5.9%A
Grade A: LowStock-based comp/Net income. >30% = dilution risk
SBC / Revenue0.8%A
Grade A: LowTTM stock-based comp / TTM Revenue
Financial Health
87AAltman Z-Score5.60A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio2.86xA
Grade A: HighCurrent Assets/Liabilities
Quick Ratio2.15xA
Grade A: High(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage17.1xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment1.9yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT1.7xA
Grade A: LowLeverage. <2x Low, >4x High
Debt/Equity0.45xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.32xC
Grade C: PartialCash covers how much of total debt. >1 = could repay all debt from cash
Quality
100A+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.58A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion123.5%A
Grade A: StrongFCF / Net Income
Margin Stability1.6%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue2.1%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover0.52xC
Grade C: AverageRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Tereso Tara M. Filed | Tereso Tara M. | Tax withholding | -290 | |
Simmons William L. Filed | Simmons William L. | Tax withholding | -218 | |
Tereso Tara M. Filed | Tereso Tara M. | Tax withholding | -138 | |
Lausas Allison S Filed | Lausas Allison S | Tax withholding | -645 | |
Anderson Lisa M Filed | Anderson Lisa M | Option exercise | -385 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Anderson Lisa M Filed | Anderson Lisa M | SellOpen market sale | -385 | |
Anderson Lisa M Filed | Anderson Lisa M | Option exercise | +385 | |
ASHLEMAN ERIC D Filed | ASHLEMAN ERIC D | Option exercise | -15385 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
90A+ROIC >12% Years8/10 yrsA
Grade A: DurableShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)44.4%A
Grade A: DurableMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years10/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor12.8%A
Grade A: DurableWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$7.05
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$8.40
Cash & short-term investments per share (Finnhub)
Book Value / Share$54.16
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$1.82B
Total debt obligations (short + long term)
Cash & Equiv.$580.00M
Cash and short-term investments
Net Debt$1.24B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$4.03B
Shareholders' equity (book value)
Asset / Liability2.39xA
Grade A: SolidTotal Assets / Total Liabilities
Market
Market Cap$17.36B
Current Market Capitalization
Beta0.96B
Grade B: MarketPrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: IDEX Corporation (IEX)
IDEX Corporation meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 5.60 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.58 suggests a low likelihood of earnings manipulation.
- IDEX Corporation converts about 18% of revenue into free cash flow — strong cash generation.
- Takes ~1.9 years to repay net debt from free cash flow.
See how IEX ranks on the Capex Tracker — top 50 capital spenders compared.
No significant market moves for IEX in the last 30 days.
See IEX move history →Frequently Asked Questions about IEX
What is the current IDEX Corporation (IEX) stock price?
IEX is trading at $235.55 at the last market close, down 0.37% on the session. PreMarketPrice tracks IEX pre-market, intraday and after-hours prices.
Is IEX stock a buy right now?
PreMarketPrice's quantitative model rates IDEX Corporation's financial health at 87/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is IEX stock overvalued?
IDEX Corporation trades at a trailing P/E of 33.4 and our valuation score rates it 37/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does IDEX Corporation report earnings?
No confirmed earnings date is currently scheduled for IEX. The Earnings section lists recent reports and updates as dates are announced.
What sector does IDEX Corporation operate in?
IDEX Corporation operates in the Industrials sector, within the Pumps & Pumping Equipment industry. The Related Stocks section lists sector peers for comparison.
What does IDEX Corporation do?
Idex manufactures pumps, flow meters, valves, and fluidic systems for customers in a variety of end markets, including industrial, fire and safety, life science, and water.
About IDEX Corporation (IEX) Stock
IDEX Corporation (IEX) is a US-listed stock operating in the Industrials sector, specifically the Pumps & Pumping Equipment industry. As of the latest update, IDEX Corporation is trading at $235.55, down 0.37% on the day with a market capitalization of $17.4 billion. The financial health score for IEX is 87/100, which indicates excellent financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for IEX stock.
IEX Stock Analysis & Key Metrics
On PreMarketPrice, you can track IDEX Corporation (IEX) across multiple dimensions:
- Pre-market price & movement: Real-time IEX stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for IEX with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for IDEX Corporation across multiple reporting periods.
- Financial health score: A composite score of 87/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for IEX.
- Sector peers: Compare IEX against 6 other industrials stocks on key financial metrics.
Is IEX a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate IDEX Corporation (IEX) as an investment. The financial health score of 87/100 suggests excellent financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.IDEX Corporation (IEX) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.