IEX
IDEX Corporation
$225.36
▲ 0.2%Updated Today 7:15 PM ET
▲ Up 28.5% over the last 12 months
Market Cap
$16.65B
P/E
32.69x
Forward P/E (est.)
30.47x
ROE
12.6%
Revenue Growth
7.5%
EPS Growth
7.3%
Profit Margin
14.4%
FCF Yield
4.5%
Debt / Equity
0.45x
ROIC
9.0%
Interest Coverage
13.53x
Current Ratio
3.39x
Dividend Yield
1.3%
Implied Growth (rev. DCF)
5.1%
Rating Score
51/100
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what IEX's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. IEX trades near $225.36, above its 50-day average ($211.00) and 200-day average ($188.45). Price above both averages, with the shorter one above the longer, is the textbook definition of an uptrend — momentum favours buyers.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 68 it is in neutral territory — neither stretched nor washed out.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.
Volatility — ATR. Average True Range is the typical daily move. IEX's is $5.35 (~2.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month IEX found buyers near $203.45 (support) and sellers near $227.47 (resistance); its 52-week range is $157.25–$227.47. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 1.0× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
IDEX Corporation (IEX) is a large-cap company in the Industrial Machinery & Supplies & Components industry, part of the Industrials sector of the S&P 500, with a market value around $16.65B.
In its latest reported year it generated about $3.46B in revenue and $483.20M in net profit.
Our model rates IEX Neutral (51/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
4Y CAGR
5.7%
Revenue moved from $2.76B in 2021 to $3.46B in 2025, a 5.7% compound annual growth rate. The most recent year grew a steady 7.5% year over year. Slower, mature growth is common for established businesses.
Gross Margin
44.5%
Operating Margin
20.2%
Net Margin
14.0%
ROE
12.6%
IDEX Corporation keeps about 14.4% of each sales dollar as net profit, with a 44.5% gross margin and 20.2% operating margin. Return on equity is 12.6% and return on invested capital about 9.0%. Margins are moderate — typical of a competitive but profitable business.
Total Debt
$1.88B
Net Debt
$1.29B
Net Debt / EBITDA
1.85x
Debt / Equity
0.45x
Leverage: debt-to-equity is 0.5x, and operating profit covers interest about 13.5x, with a current ratio of 3.4x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $1.88B of total debt against $586.20M of cash.
Operating CF
$680.40M
Free Cash Flow
$616.80M
FCF Margin
17.8%
In the latest year IDEX Corporation produced about $680.40M of operating cash flow and $616.80M of free cash flow after capital spending. That is a free-cash-flow yield of about 4.5% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
P/E
32.69x
P/S
4.78x
P/B
3.32x
EV / EBITDA
20.98x
IEX trades at 32.7x trailing earnings (about 30.5x on estimated forward earnings), 4.8x sales, and 3.3x book value. Reverse-engineering today's price implies the market expects roughly 5.1% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
Where this stock sits versus what most companies trade at.
Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.
How IEX stacks up against its Industrials peers — valuation, profitability, and growth versus the sector median.
In the Industrials sector (80 S&P 500 companies), IEX ranks #42 of 80 by our overall rating. It trades at roughly in line versus the sector on earnings (32.7x P/E vs. 30x median) with a lower return on equity (12.6% vs. 24.7%) and faster revenue growth (7.5% vs. 5.0%).
P/E vs sector
32.7x
median 30x
ROE vs sector
12.6%
median 24.7%
Growth vs sector
7.5%
median 5.0%
Sector rank
#42
of 80 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Industrials companies by sub-industry and size. Sector median is across all 80 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$192.18 – $317.10
vs. $225.36 today · expected CAGR -3% – 7%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $3.73B | $4.03B | $4.36B | $4.70B | $5.08B |
| Net income | $522.77M | $564.60M | $609.76M | $658.54M | $711.23M |
| EPS | $7.06 | $7.63 | $8.24 | $8.90 | $9.61 |
| Share price (low) | $141.26 | $152.56 | $164.77 | $177.95 | $192.18 |
| Share price (high) | $233.08 | $251.73 | $271.87 | $293.62 | $317.10 |
| CAGR (low–high) | -37% / 3% | -18% / 6% | -10% / 6% | -6% / 7% | -3% / 7% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for IEX:
- Healthy free-cash-flow yield (~4.5%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.5x) lowers risk.
The case against IEX:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Valuation risk — at 32.7x earnings, disappointing results could compress the multiple.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: IDEX Corporation is a large-cap industrials business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 32.7x earnings, which our model scores Neutral (51/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.