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.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	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 YoY+5.8%	3.27B YoY-0.2%	3.27B YoY+2.9%	3.18B YoY+15.1%	2.76B YoY+17.6%
	1.54B YoY+6.5%	1.45B YoY-0.1%	1.45B YoY+1.4%	1.43B YoY+16.5%	1.22B YoY+19.2%
Cost of revenue	1.92B YoY+5.2%	1.82B YoY-0.2%	1.83B YoY+4.1%	1.75B YoY+13.9%	1.54B YoY+16.3%
Research & development	70.0M YoY+3.9%	67.4M YoY-1.5%	68.4M YoY+11.4%	61.4M YoY+22.6%	50.1M YoY+3.9%
Selling, general & administrative	819M YoY+7.9%	759M YoY+7.8%	704M YoY+7.8%	653M YoY+12.9%	578M YoY+16.8%
Restructuring	19.9M YoY+116.3%	9.20M YoY-8.9%	10.1M YoY+87.0%	5.40M YoY-36.5%	8.50M YoY-3.4%
Amortization of intangibles	131M YoY+22.0%	107M YoY+12.9%	94.9M YoY+37.5%	69.0M YoY+22.3%	56.4M YoY+34.9%
Operating income	699M YoY+3.3%	677M YoY-7.5%	733M YoY-2.5%	751M YoY+18.0%	637M YoY+22.3%
Interest expense	—	—	51.7M YoY+27.0%	40.7M YoY-0.7%	41.0M YoY-8.5%
Other non-operating income	-2.30M YoY-188.5%	2.60M YoY+150.0%	-5.20M YoY-233.3%	3.90M YoY+124.1%	-16.2M YoY-189.3%
Pre-tax income	633M YoY-1.0%	639M YoY-15.9%	760M YoY+1.5%	749M YoY+29.3%	580M YoY+23.3%
Income tax	150M YoY+11.4%	135M YoY-18.2%	165M YoY+1.2%	163M YoY+24.7%	131M YoY+41.1%
	483M YoY-4.3%	505M YoY-15.3%	596M YoY+1.6%	587M YoY+30.6%	449M YoY+19.0%
Net income to non-controlling interest	-700K YoY-75.0%	-400K YoY+20.0%	-500K YoY-150.0%	-200K YoY-100.0%	-100K
	$6.41 YoY-3.5%	$6.64 YoY-15.4%	$7.85 YoY+1.8%	$7.71 YoY+31.1%	$5.88 YoY+19.0%
EPS (basic)	$6.41 YoY-3.8%	$6.66 YoY-15.4%	$7.87 YoY+1.7%	$7.74 YoY+31.0%	$5.91 YoY+18.7%
Weighted-avg shares (basic)	75.3M YoY-0.5%	75.7M YoY+0.1%	75.6M YoY-0.1%	75.7M YoY-0.4%	76.0M YoY+0.4%
Weighted-avg shares (diluted)	75.3M YoY-0.8%	75.9M YoY+0.0%	75.9M YoY-0.1%	76.0M YoY-0.5%	76.4M YoY+0.0%
Dividends per share	$2.84 YoY+2.9%	$2.76 YoY+7.8%	$2.56 YoY+6.7%	$2.40 YoY+11.1%	$2.16 YoY+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 YoY+3.2%	1.59B YoY+10.1%	1.45B YoY+3.4%	1.40B YoY-16.6%	1.68B YoY+1.3%
Cash & equivalents	580M YoY-6.6%	621M YoY+16.2%	534M YoY+24.2%	430M YoY-49.7%	855M YoY-16.6%
Accounts receivable	512M YoY+11.0%	461M YoY+10.0%	419M YoY-2.9%	431M YoY+21.5%	355M YoY+23.1%
Inventory	479M YoY+11.6%	430M YoY+2.1%	421M YoY-10.6%	471M YoY+27.1%	370M YoY+27.8%
Other current assets	62.1M YoY-18.6%	76.3M YoY+20.3%	63.4M YoY+14.4%	55.4M YoY-42.2%	95.8M YoY+98.3%
	6.93B YoY+2.7%	6.75B YoY+15.0%	5.87B YoY+6.4%	5.51B YoY+12.1%	4.92B YoY+11.4%
Property, plant & equipment	468M YoY+1.7%	460M YoY+7.0%	430M YoY+12.6%	382M YoY+16.7%	327M YoY+9.7%
Operating lease right-of-use	120M YoY-4.4%	125M YoY+5.8%	118M YoY+7.5%	110M YoY+2.6%	107M YoY+0.6%
Goodwill	3.41B YoY+5.0%	3.25B YoY+14.6%	2.84B YoY+7.6%	2.64B YoY+21.7%	2.17B YoY+14.4%
Intangible assets	1.25B YoY-2.9%	1.28B YoY+27.0%	1.01B YoY+6.8%	948M YoY+58.7%	597M YoY+43.7%
Deferred tax assets	1.20M YoY-20.0%	1.50M YoY+0.0%	1.50M YoY-25.0%	2.00M YoY-53.5%	4.30M YoY+72.0%
Other non-current assets	154M YoY-1.2%	156M YoY+12.4%	139M YoY-4.2%	145M YoY-1.6%	147M YoY-0.5%
	575M YoY-8.6%	630M YoY+25.9%	500M YoY-8.0%	544M YoY+13.3%	480M YoY+20.3%
Accounts payable	225M YoY+13.6%	198M YoY+10.1%	180M YoY-14.0%	209M YoY+16.8%	179M YoY+17.6%
Accrued liabilities	297M YoY+6.6%	279M YoY+2.7%	272M YoY-6.1%	289M YoY+11.3%	260M YoY+24.4%
Deferred revenue	45.8M YoY-9.7%	50.7M YoY-9.3%	55.9M YoY+25.1%	44.7M YoY-8.8%	49.0M YoY+72.5%
Short-term & current debt	700K YoY-99.3%	101M YoY+16683.3%	600K	0.00	0.00 YoY-100.0%
Current lease liability	27.8M YoY+6.5%	26.1M YoY+18.6%	22.0M YoY+1.9%	21.6M YoY+22.7%	17.6M YoY+5.4%
	2.90B YoY-1.7%	2.95B YoY+27.0%	2.32B YoY-6.0%	2.47B YoY+16.9%	2.11B YoY+12.8%
Long-term debt	1.82B YoY-2.1%	1.86B YoY+40.3%	1.33B YoY-9.8%	1.47B YoY+23.4%	1.19B YoY+14.0%
Deferred revenue (non-current)	22.0M YoY+66.7%	13.2M YoY-23.7%	17.3M YoY+15.3%	15.0M YoY-53.4%	32.2M YoY+5.9%
Non-current lease liability	94.1M YoY-7.4%	102M YoY+3.6%	98.1M YoY+1.6%	96.6M YoY+3.4%	93.4M YoY-1.0%
Deferred tax liabilities	303M YoY+13.4%	267M YoY-8.5%	292M YoY+10.5%	264M YoY+34.5%	196M YoY+19.8%
Other non-current liabilities	202M YoY+3.9%	195M YoY-5.8%	207M YoY+5.6%	196M YoY-20.9%	247M YoY-7.3%
	4.03B YoY+6.1%	3.79B YoY+7.2%	3.54B YoY+16.5%	3.04B YoY+8.4%	2.80B YoY+10.3%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	900K YoY+0.0%	900K YoY+0.0%	900K YoY+0.0%	900K YoY+0.0%	900K YoY+0.0%
Additional paid-in capital	892M YoY+3.2%	865M YoY+3.1%	839M YoY+2.7%	817M YoY+2.7%	796M YoY+2.6%
Retained earnings	4.50B YoY+6.4%	4.23B YoY+7.5%	3.93B YoY+11.4%	3.53B YoY+13.0%	3.13B YoY+10.0%
Treasury stock	1.42B YoY+21.6%	1.17B YoY-1.4%	1.19B YoY+0.2%	1.18B YoY+12.8%	1.05B YoY-1.3%
Accumulated other comprehensive income	57.6M YoY+144.0%	-131M YoY-185.8%	-45.8M YoY+63.7%	-126M YoY-81.3%	-69.6M YoY-415.6%
Non-controlling interest	-1.30M YoY-116.7%	-600K YoY-200.0%	-200K YoY-166.7%	300K	0.00 YoY-100.0%
Total equity incl. non-controlling	4.03B YoY+6.1%	3.79B YoY+7.1%	3.54B YoY+16.5%	3.04B YoY+8.4%	2.80B YoY+10.3%
Total liabilities & equity	6.93B YoY+2.7%	6.75B YoY+15.0%	5.87B YoY+6.4%	5.51B YoY+12.1%	4.92B YoY+11.4%
Common shares issued	90.1M YoY+0.0%	90.1M YoY+0.0%	90.1M YoY+0.0%	90.1M YoY-0.0%	90.1M YoY-0.0%
Shares outstanding (cover)	74.8M YoY-1.2%	75.7M YoY+0.1%	75.6M YoY+0.3%	75.4M YoY-0.8%	76.0M YoY+0.4%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	680M YoY+1.8%	668M YoY-6.8%	717M YoY+28.6%	557M YoY-1.4%	565M YoY-0.7%
Depreciation & amortization	75.8M YoY+10.7%	68.5M YoY-55.0%	152M YoY+27.1%	120M YoY+16.2%	103M YoY+23.4%
Share-based compensation	27.3M YoY+5.8%	25.8M YoY+18.3%	21.8M YoY+0.9%	21.6M YoY+5.9%	20.4M YoY+37.8%
Deferred income taxes	12.8M YoY+166.0%	-19.4M YoY-32.0%	-14.7M YoY+20.5%	-18.5M YoY-203.3%	-6.10M YoY-174.4%
Change in inventory	34.2M YoY+294.3%	-17.6M YoY+73.4%	-66.2M YoY-191.4%	72.4M YoY+57.0%	46.1M YoY+226.3%
	-138M YoY+86.3%	-1.01B YoY-254.7%	-284M YoY+69.1%	-917M YoY-31.4%	-698M YoY-304.5%
Capital expenditure	63.6M YoY-2.3%	65.1M YoY-27.6%	89.9M YoY+32.2%	68.0M YoY-6.5%	72.7M YoY+40.9%
Acquisitions	76.2M YoY-92.3%	985M YoY+215.7%	312M YoY-67.0%	946M YoY+63.8%	577M YoY+369.0%
Proceeds from sale of PP&E	—	—	—	8.90M	0.00
Other investing activities	-2.20M YoY-133.8%	6.50M YoY+285.7%	-3.50M YoY+52.1%	-7.30M YoY-360.7%	2.80M YoY+233.3%
	-633M YoY-235.8%	466M YoY+235.2%	-345M YoY-811.9%	-37.8M YoY-297.9%	-9.50M YoY+77.7%
Long-term debt issued	0.00 YoY-100.0%	497M YoY+396.7%	100M YoY-50.0%	200M YoY-60.0%	499M YoY+0.1%
Long-term debt repaid	100M YoY+100.0%	50.0M YoY-80.0%	250M	0.00 YoY-100.0%	350M YoY+16.5%
Common stock repurchased	248M	0.00 YoY-100.0%	24.2M YoY-83.7%	148M	0.00 YoY-100.0%
Dividends paid	213M YoY+3.6%	205M YoY+7.7%	191M YoY+7.5%	177M YoY+10.1%	161M YoY+6.1%
Other financing activities	-800K YoY+66.7%	-2.40M YoY-84.6%	-1.30M YoY+27.8%	-1.80M YoY+60.9%	-4.60M
FX effect on cash	36.8M YoY+260.7%	-22.9M YoY-244.0%	15.9M YoY+157.6%	-27.6M YoY+2.1%	-28.2M YoY-171.9%
Net change in cash	-53.0M YoY-150.7%	105M YoY+0.5%	104M YoY+124.5%	-425M YoY-149.4%	-171M YoY-143.4%
Interest paid	72.2M YoY+52.3%	47.4M YoY-6.7%	50.8M YoY+36.9%	37.1M YoY+3.1%	36.0M YoY+2.3%
Income taxes paid	135M YoY-21.5%	171M YoY-14.1%	200M YoY+13.6%	176M YoY+48.6%	118M YoY+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	13.3B YoY-16.0%	15.8B YoY-3.5%	16.4B YoY-4.7%	17.2B YoY-4.2%	18.0B YoY+19.1%
P/E	27.6× YoY-12.2%	31.4× YoY+18.1%	26.6× YoY-11.2%	29.9× YoY-25.1%	40.0× YoY+0.2%
P/S	3.9× YoY-20.5%	4.8× YoY-2.7%	5.0× YoY-10.8%	5.6× YoY-14.1%	6.5× YoY+1.3%
P/B	3.3× YoY-20.8%	4.2× YoY-13.8%	4.8× YoY-21.2%	6.1× YoY-4.1%	6.4× YoY+8.0%
P/FCF	21.6× YoY-17.8%	26.3× YoY-4.8%	27.6× YoY-23.4%	36.1× YoY-1.2%	36.5× YoY+25.2%
Earnings yield	3.6% YoY+13.9%	3.2% YoY-15.3%	3.8% YoY+12.6%	3.3% YoY+33.6%	2.5% YoY-0.2%
FCF yield	4.6% YoY+21.7%	3.8% YoY+5.0%	3.6% YoY+30.6%	2.8% YoY+1.2%	2.7% YoY-20.1%
Dividend yield	1.6% YoY+21.0%	1.3% YoY+11.8%	1.2% YoY+12.2%	1.1% YoY+15.0%	0.9% YoY-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.

IEX▼ financial statements

About this data

financial statements