IEX financial statements
The full income statement, balance sheet, and cash-flow statement for IDEX Corporation (IEX), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 3.46B+5.8% | 3.27B-0.2% | 3.27B+2.9% | 3.18B+15.1% | 2.76B+17.6% | |
| 1.54B+6.5% | 1.45B-0.1% | 1.45B+1.4% | 1.43B+16.5% | 1.22B+19.2% | ||
| Cost of revenue | 1.92B+5.2% | 1.82B-0.2% | 1.83B+4.1% | 1.75B+13.9% | 1.54B+16.3% | |
| Research & development | 70.0M+3.9% | 67.4M-1.5% | 68.4M+11.4% | 61.4M+22.6% | 50.1M+3.9% | |
| Selling, general & administrative | 819M+7.9% | 759M+7.8% | 704M+7.8% | 653M+12.9% | 578M+16.8% | |
| Restructuring | 19.9M+116.3% | 9.20M-8.9% | 10.1M+87.0% | 5.40M-36.5% | 8.50M-3.4% | |
| Amortization of intangibles | 131M+22.0% | 107M+12.9% | 94.9M+37.5% | 69.0M+22.3% | 56.4M+34.9% | |
| Operating income | 699M+3.3% | 677M-7.5% | 733M-2.5% | 751M+18.0% | 637M+22.3% | |
| Interest expense | — | — | 51.7M+27.0% | 40.7M-0.7% | 41.0M-8.5% | |
| Other non-operating income | -2.30M-188.5% | 2.60M+150.0% | -5.20M-233.3% | 3.90M+124.1% | -16.2M-189.3% | |
| Pre-tax income | 633M-1.0% | 639M-15.9% | 760M+1.5% | 749M+29.3% | 580M+23.3% | |
| Income tax | 150M+11.4% | 135M-18.2% | 165M+1.2% | 163M+24.7% | 131M+41.1% | |
| 483M-4.3% | 505M-15.3% | 596M+1.6% | 587M+30.6% | 449M+19.0% | ||
| Net income to non-controlling interest | -700K-75.0% | -400K+20.0% | -500K-150.0% | -200K-100.0% | -100K | |
| $6.41-3.5% | $6.64-15.4% | $7.85+1.8% | $7.71+31.1% | $5.88+19.0% | ||
| EPS (basic) | $6.41-3.8% | $6.66-15.4% | $7.87+1.7% | $7.74+31.0% | $5.91+18.7% | |
| Weighted-avg shares (basic) | 75.3M-0.5% | 75.7M+0.1% | 75.6M-0.1% | 75.7M-0.4% | 76.0M+0.4% | |
| Weighted-avg shares (diluted) | 75.3M-0.8% | 75.9M+0.0% | 75.9M-0.1% | 76.0M-0.5% | 76.4M+0.0% | |
| Dividends per share | $2.84+2.9% | $2.76+7.8% | $2.56+6.7% | $2.40+11.1% | $2.16+8.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 1.64B+3.2% | 1.59B+10.1% | 1.45B+3.4% | 1.40B-16.6% | 1.68B+1.3% | ||
| Cash & equivalents | 580M-6.6% | 621M+16.2% | 534M+24.2% | 430M-49.7% | 855M-16.6% | |
| Accounts receivable | 512M+11.0% | 461M+10.0% | 419M-2.9% | 431M+21.5% | 355M+23.1% | |
| Inventory | 479M+11.6% | 430M+2.1% | 421M-10.6% | 471M+27.1% | 370M+27.8% | |
| Other current assets | 62.1M-18.6% | 76.3M+20.3% | 63.4M+14.4% | 55.4M-42.2% | 95.8M+98.3% | |
| 6.93B+2.7% | 6.75B+15.0% | 5.87B+6.4% | 5.51B+12.1% | 4.92B+11.4% | ||
| Property, plant & equipment | 468M+1.7% | 460M+7.0% | 430M+12.6% | 382M+16.7% | 327M+9.7% | |
| Operating lease right-of-use | 120M-4.4% | 125M+5.8% | 118M+7.5% | 110M+2.6% | 107M+0.6% | |
| Goodwill | 3.41B+5.0% | 3.25B+14.6% | 2.84B+7.6% | 2.64B+21.7% | 2.17B+14.4% | |
| Intangible assets | 1.25B-2.9% | 1.28B+27.0% | 1.01B+6.8% | 948M+58.7% | 597M+43.7% | |
| Deferred tax assets | 1.20M-20.0% | 1.50M+0.0% | 1.50M-25.0% | 2.00M-53.5% | 4.30M+72.0% | |
| Other non-current assets | 154M-1.2% | 156M+12.4% | 139M-4.2% | 145M-1.6% | 147M-0.5% | |
| 575M-8.6% | 630M+25.9% | 500M-8.0% | 544M+13.3% | 480M+20.3% | ||
| Accounts payable | 225M+13.6% | 198M+10.1% | 180M-14.0% | 209M+16.8% | 179M+17.6% | |
| Accrued liabilities | 297M+6.6% | 279M+2.7% | 272M-6.1% | 289M+11.3% | 260M+24.4% | |
| Deferred revenue | 45.8M-9.7% | 50.7M-9.3% | 55.9M+25.1% | 44.7M-8.8% | 49.0M+72.5% | |
| Short-term & current debt | 700K-99.3% | 101M+16683.3% | 600K | 0.00 | 0.00-100.0% | |
| Current lease liability | 27.8M+6.5% | 26.1M+18.6% | 22.0M+1.9% | 21.6M+22.7% | 17.6M+5.4% | |
| 2.90B-1.7% | 2.95B+27.0% | 2.32B-6.0% | 2.47B+16.9% | 2.11B+12.8% | ||
| Long-term debt | 1.82B-2.1% | 1.86B+40.3% | 1.33B-9.8% | 1.47B+23.4% | 1.19B+14.0% | |
| Deferred revenue (non-current) | 22.0M+66.7% | 13.2M-23.7% | 17.3M+15.3% | 15.0M-53.4% | 32.2M+5.9% | |
| Non-current lease liability | 94.1M-7.4% | 102M+3.6% | 98.1M+1.6% | 96.6M+3.4% | 93.4M-1.0% | |
| Operating lease liability (total) | 122M-4.5% | 128M+6.3% | 120M+1.6% | 118M+6.5% | 111M+0.0% | |
| Deferred tax liabilities | 303M+13.4% | 267M-8.5% | 292M+10.5% | 264M+34.5% | 196M+19.8% | |
| Other non-current liabilities | 202M+3.9% | 195M-5.8% | 207M+5.6% | 196M-20.9% | 247M-7.3% | |
| 4.03B+6.1% | 3.79B+7.2% | 3.54B+16.5% | 3.04B+8.4% | 2.80B+10.3% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 900K+0.0% | 900K+0.0% | 900K+0.0% | 900K+0.0% | 900K+0.0% | |
| Additional paid-in capital | 892M+3.2% | 865M+3.1% | 839M+2.7% | 817M+2.7% | 796M+2.6% | |
| Retained earnings | 4.50B+6.4% | 4.23B+7.5% | 3.93B+11.4% | 3.53B+13.0% | 3.13B+10.0% | |
| Treasury stock | 1.42B+21.6% | 1.17B-1.4% | 1.19B+0.2% | 1.18B+12.8% | 1.05B-1.3% | |
| Accumulated other comprehensive income | 57.6M+144.0% | -131M-185.8% | -45.8M+63.7% | -126M-81.3% | -69.6M-415.6% | |
| Non-controlling interest | -1.30M-116.7% | -600K-200.0% | -200K-166.7% | 300K | 0.00-100.0% | |
| Total equity incl. non-controlling | 4.03B+6.1% | 3.79B+7.1% | 3.54B+16.5% | 3.04B+8.4% | 2.80B+10.3% | |
| Total liabilities & equity | 6.93B+2.7% | 6.75B+15.0% | 5.87B+6.4% | 5.51B+12.1% | 4.92B+11.4% | |
| Common shares issued | 90.1M+0.0% | 90.1M+0.0% | 90.1M+0.0% | 90.1M-0.0% | 90.1M-0.0% | |
| Common shares outstanding | 90.1M+0.0% | 90.1M+0.0% | 90.1M+0.0% | 90.1M+0.0% | 90.1M | |
| Shares outstanding (cover) | 74.3M-1.9% | 75.8M+0.2% | 75.6M+0.2% | 75.5M-0.8% | 76.1M+0.3% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 680M+1.8% | 668M-6.8% | 717M+28.6% | 557M-1.4% | 565M-0.7% | ||
| Depreciation & amortization | 207M+17.6% | 176M+15.5% | 152M+27.1% | 120M+16.2% | 103M+23.4% | |
| Intangible amortization | 131M+22.0% | 107M+12.9% | 94.9M+37.5% | 69.0M+22.3% | 56.4M+34.9% | |
| Share-based compensation | 27.3M+5.8% | 25.8M+18.3% | 21.8M+0.9% | 21.6M+5.9% | 20.4M+37.8% | |
| Deferred income taxes | 12.8M+166.0% | -19.4M-32.0% | -14.7M+20.5% | -18.5M-203.3% | -6.10M-174.4% | |
| Change in inventory | 34.2M+294.3% | -17.6M+73.4% | -66.2M-191.4% | 72.4M+57.0% | 46.1M+226.3% | |
| -138M+86.3% | -1.01B-254.7% | -284M+69.1% | -917M-31.4% | -698M-304.5% | ||
| Capital expenditure | 63.6M-2.3% | 65.1M-27.6% | 89.9M+32.2% | 68.0M-6.5% | 72.7M+40.9% | |
| Free cash flow | 617M+2.3% | 603M-3.8% | 627M+28.1% | 489M-0.6% | 493M-4.8% | |
| Acquisitions | 76.2M-92.3% | 985M+215.7% | 312M-67.0% | 946M+63.8% | 577M+369.0% | |
| Proceeds from sale of PP&E | — | — | — | 8.90M | 0.00 | |
| Other investing activities | -2.20M-133.8% | 6.50M+285.7% | -3.50M+52.1% | -7.30M-360.7% | 2.80M+233.3% | |
| -633M-235.8% | 466M+235.2% | -345M-811.9% | -37.8M-297.9% | -9.50M+77.7% | ||
| Long-term debt issued | 0.00-100.0% | 497M+396.7% | 100M-50.0% | 200M-60.0% | 499M+0.1% | |
| Long-term debt repaid | 100M+100.0% | 50.0M-80.0% | 250M | 0.00-100.0% | 350M+16.5% | |
| Common stock issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock repurchased | 248M | 0.00-100.0% | 24.2M-83.7% | 148M | 0.00-100.0% | |
| Dividends paid | 213M+3.6% | 205M+7.7% | 191M+7.5% | 177M+10.1% | 161M+6.1% | |
| Other financing activities | -800K+66.7% | -2.40M-84.6% | -1.30M+27.8% | -1.80M+60.9% | -4.60M | |
| FX effect on cash | 36.8M+260.7% | -22.9M-244.0% | 15.9M+157.6% | -27.6M+2.1% | -28.2M-171.9% | |
| Net change in cash | -53.0M-150.7% | 105M+0.5% | 104M+124.5% | -425M-149.4% | -171M-143.4% | |
| Interest paid | 72.2M+52.3% | 47.4M-6.7% | 50.8M+36.9% | 37.1M+3.1% | 36.0M+2.3% | |
| Income taxes paid | 135M-21.5% | 171M-14.1% | 200M+13.6% | 176M+48.6% | 118M+35.6% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 13.2B-16.6% | 15.9B-3.4% | 16.4B-4.7% | 17.2B-4.3% | 18.0B+19.0% | |
| P/E | 27.4×-12.8% | 31.4×+18.1% | 26.6×-11.1% | 29.9×-25.3% | 40.0×+0.0% | |
| P/S | 3.8×-21.1% | 4.9×-2.6% | 5.0×-10.7% | 5.6×-14.2% | 6.5×+1.2% | |
| P/B | 3.3×-21.4% | 4.2×-13.8% | 4.8×-21.1% | 6.1×-4.3% | 6.4×+7.8% | |
| P/FCF | 21.4×-18.5% | 26.3×-4.7% | 27.6×-23.4% | 36.0×-1.3% | 36.5×+25.1% | |
| Earnings yield | 3.7%+14.7% | 3.2%-15.3% | 3.8%+12.5% | 3.3%+33.8% | 2.5%-0.0% | |
| FCF yield | 4.7%+22.6% | 3.8%+5.0% | 3.6%+30.5% | 2.8%+1.4% | 2.7%-20.0% | |
| Dividend yield | 1.6%+21.0% | 1.3%+11.8% | 1.2%+12.2% | 1.1%+15.0% | 0.91%-9.0% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: IEX’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all IEX filings on SEC EDGAR → Not investment advice.
