# IDEX Corporation (IEX) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Industrials / Machinery. Price $223.74, market value $16.5 billion.

## Valuation
- **P/E (trailing): 32.1×** (5-yr avg 30.2×, 3-yr avg 28.3×). IDEX Corporation trades at 32.1× trailing earnings, close to its own five-year average of 30.2×. The Industrials median in the September 2026 study was 25.7×. Forward P/E is 23.4×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 4.6×**. Each dollar of revenue is priced at 4.6×.
- **Price / book: 4.1×**. The shares trade at 4.1× book value; book value is a meaningful part of the valuation.
- **Free-cash-flow yield: 3.9%** (5-yr avg 3.7%). Free cash flow equals 3.9% of the market value, in line with its five-year average of 3.7%.
- **Earnings yield: 3.1%**. The inverse of the P/E: 3.1% of the price is earned each year.

## Profitability
- **Gross margin: 44.7%**. IDEX Corporation keeps 44.7% of revenue after the direct cost of what it sells.
- **Operating margin: 20.7%**. 20.7% of revenue is left after running the business, a healthy level in most sectors.
- **Net margin: 14.0%**. 14.0% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.0%**. 12.0% on shareholders' equity is solid.
- **Return on invested capital: 11.1%**. Return on all capital, debt included, is 11.1%.
- **Return on assets: 7.5%**. Each dollar of assets produces 7.5% of profit.

## Growth
- **Revenue growth (1 yr): 5.8%** (3-yr 2.8%/yr, 5-yr 8.0%/yr). Revenue grew 5.8% over the last year, against 8.0% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): -3.5%** (3-yr -6.0%/yr, 5-yr 5.3%/yr). Earnings per share fell 3.5%, slower than revenue, so margins compressed.
- **Free-cash-flow growth (3 yr): 8.0%/yr**. Free cash flow has compounded at 8.0% a year over three years, keeping pace with earnings: the growth is real cash.

## Financial health
- **Debt to equity: 0.45**. Debt is 0.45 times equity: a conservative balance sheet.
- **Altman Z-score: 5.06**. A Z-score of 5.06 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 7/9**. 7 of 9 fundamental checks pass: strong and improving financials.

## Dividends
- **Dividend yield: 1.31%** ($2.88 per share, trailing). IDEX Corporation yields 1.31%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 44%** (33% of free cash flow). 44% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 26**. 26 straight years of increases (the data covers 26 years, so this may be longer): a record very few companies hold.
- **Dividend growth (5 yr): 7.1%/yr** (1-yr 4.1%). The dividend has grown 7.1% a year over five years.

## Analyst view
- **Analyst consensus: buy** (14 analysts). 14 analysts cover IDEX Corporation; the consensus is buy, with an average price target of $254.50 (+14% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 37.7%** (YTD 27.1%, 3-mo 4.2%). The shares are up 37.7% over twelve months including dividends.
- **From 52-week high: -8.2%** (41.4% above the low). Trading 8% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 40**. An RSI of 40 is neutral.
- **Beta (1 yr): 0.72** (volatility 22%). Beta of 0.72 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=IEX · Page: https://foliofundamentals.com/stocks/iex

Not investment advice.