Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
IEX · NYSE · United States · Pumps & Pumping Equipment
In shortIDEX CORP /DE/ is profitable, generates cash and carries moderate debt, with revenue growing (+5.8% last year).
Financial health
Strong
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 20.2% | 84/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 14.0% | 76/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.4% | 62/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 9.1% | 61/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.86× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.45× | 86/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.60× | 69/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 5.27 | 100/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 17.8% | 91/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.28× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 7.7% | 82/100 |
| Operating margin volatility | 1.5% | 96/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 2.8% | 32/100 |
|---|---|---|
| EPS growth, 3-year average | -6.0% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 2,765 | 3,182 | 3,274 | 3,269 | 3,458 |
| Cost of revenue | 1,540 | 1,755 | 1,827 | 1,824 | 1,919 |
| Gross profit | 1,225 | 1,427 | 1,447 | 1,445 | 1,539 |
| Research & development | 50 | 61 | 68 | 67 | 70 |
| Selling, general & admin | 578 | 653 | 704 | 759 | 819 |
| Operating income | 637 | 751 | 733 | 677 | 699 |
| Interest expense | 41 | 41 | 52 | – | – |
| Pre-tax income | 580 | 749 | 760 | 639 | 633 |
| Income tax | 131 | 163 | 165 | 135 | 150 |
| Net income | 449 | 587 | 596 | 505 | 483 |
| Diluted EPS | $5.88 | $7.71 | $7.85 | $6.64 | $6.41 |
| Diluted shares (millions) | 76 | 76 | 76 | 76 | 75 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of IDEX CORP /DE/ are included in the Investor plan. Try free for 7 days →
5.27 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
8/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Jul 29, 2026