IEX
IndustrialsIDEX Corporation · Industrial - Machinery · $15B
What is IDEX Corporation?
IDEX Corporation is a global industrial manufacturer specializing in applied fluid-handling and specialty solutions across a wide range of end markets. Founded in 1989 and headquartered in Northbrook, Illinois, the company serves customers in industries from life sciences to firefighting.
IDEX operates through three business segments. Its Fluid & Metering Technologies segment supplies pumps, flow meters, and fluid-handling systems to industries including agriculture, chemicals, and water treatment. The Health & Science Technologies segment delivers precision fluidics, optical components, and biocompatible medical devices to pharmaceutical, life sciences, and defense markets. The Fire & Safety/Diversified Products segment manufactures firefighting pumps, rescue tools, and related safety equipment for emergency response and industrial applications.
IDEX was founded in 1989 and is headquartered in Northbrook, Illinois.
- Positive displacement pumps and flow meters for industrial use
- Precision fluidics and photonic solutions for life sciences
- Biocompatible medical devices and implantables
- Firefighting pumps, valves, and rescue tools
- Pneumatic sealing components and hygienic mixers
Is IEX a Good Stock to Buy?
UQS Score rates IEX as Good overall, reflecting a balanced profile across its five analytical pillars.
IDEX shows meaningful strength in the Quality and Risk pillars, suggesting the business generates reliable returns and carries a manageable financial risk profile relative to sector peers. The Valuation pillar also registers as Good, meaning the stock does not appear significantly stretched on a fundamental basis.
The Moat pillar is rated Weak, indicating that IDEX's competitive advantages may be less durable or differentiated than top-tier industrial peers. Growth registers as Neutral, pointing to a more measured expansion trajectory.
See the exact pillar breakdown and underlying financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does IEX pay dividends?
Yes — IDEX Corporation pays a dividend.
IDEX pays a regular dividend, consistent with its profile as a mature industrial company generating steady cash flows. The dividend reflects management's commitment to returning capital to shareholders alongside reinvestment in the business. Income-oriented investors may find the cadence and consistency of IEX's dividend relevant when evaluating the stock alongside peers in the [Industrials sector](/sector/industrials).
When does IEX report earnings?
IDEX Corporation reports earnings on a quarterly cadence, typical for US-listed equities.
Across recent reporting periods, IDEX has demonstrated the kind of operational consistency that underpins its Good Quality pillar rating. Revenue trends and margin dynamics reflect the diversified nature of its three business segments, which serve distinct end markets and help buffer against single-industry downturns.
For the most recent quarter's results and guidance, visit IDEX Corporation's investor relations page directly.
IEX Price History
-2.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in IDEX Corporation?
Based on IDEX Corporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
IEX Long-term Outlook
IDEX's Neutral Growth pillar suggests the company is not positioned as a high-velocity grower but rather as a steady compounder in the industrial space. Its Good Risk pillar indicates the balance sheet and operational structure are capable of weathering moderate economic headwinds. The Good Valuation pillar adds context that the market is not pricing in aggressive growth expectations, which may limit downside if growth remains measured.
Growth drivers
- Expanding demand for precision fluidics in pharmaceutical and life sciences markets
- Infrastructure investment driving water treatment and industrial pump demand
- Growth in fire safety and emergency response equipment globally
Key risks
- Weak Moat rating suggests limited pricing power versus niche competitors
- Neutral Growth trajectory may disappoint investors seeking above-average expansion
- Exposure to cyclical industrial end markets during economic slowdowns
IEX vs Peers
IDEX competes with several specialized industrial and fluid-handling companies, each with a distinct market focus.
Nordson focuses on precision dispensing and testing equipment, with a stronger emphasis on electronics and consumer goods manufacturing versus IDEX's broader fluid-handling and safety portfolio.
Pentair concentrates heavily on water treatment and flow control solutions, overlapping with IDEX's FMT segment but with a narrower product scope and greater consumer-facing exposure.
Graco specializes in fluid-handling equipment for construction and industrial finishing, competing directly with IDEX in pump technologies but with a more concentrated end-market focus.
Frequently Asked Questions
What does IDEX Corporation do?
IDEX Corporation designs and manufactures applied fluid-handling and specialty solutions across three segments: Fluid & Metering Technologies, Health & Science Technologies, and Fire & Safety/Diversified Products. Its products serve industries ranging from pharmaceuticals and life sciences to agriculture, water treatment, and emergency response.
Does IEX pay dividends?
Yes, IDEX Corporation pays a regular dividend. The company has maintained a consistent dividend program, reflecting its mature cash-flow profile. Investors looking for income alongside industrial exposure may find IEX's dividend history relevant to their evaluation.
When does IEX report earnings?
IDEX reports earnings on a quarterly cadence, in line with standard US-listed company practice. For exact dates and the most recent results, check IDEX Corporation's official investor relations page, as our data source does not cover specific upcoming earnings dates.
Is IEX a good stock to buy?
UQS Score rates IEX as Good overall. The stock shows strength in Quality, Risk, and Valuation pillars, while the Moat pillar is rated Weak and Growth is Neutral. Whether it suits your portfolio depends on your investment goals — the full pillar breakdown is available to Pro members.
Is IEX overvalued?
The UQS Valuation pillar for IEX is rated Good, suggesting the stock is not significantly overpriced relative to its fundamentals. That said, valuation is one of five pillars in the UQS framework — viewing it alongside Quality, Growth, Moat, and Risk provides a more complete picture.
How does IEX compare to its competitors?
IDEX competes with Nordson, Pentair, and Graco in overlapping fluid-handling and industrial markets. Each peer has a distinct product focus and end-market mix. UQS Score provides side-by-side pillar comparisons for Pro members, making it easier to evaluate IEX against these alternatives.
What is IEX's market cap bracket?
IDEX Corporation is classified as a large-cap company, placing it among the more established players in the Industrials sector. Large-cap industrials typically offer greater liquidity and more predictable business profiles compared to smaller peers.
Who founded IDEX Corporation?
IDEX Corporation was founded in 1989. Detailed founding history and leadership background are widely available through the company's official website and public filings for investors who want to explore the company's origins further.
Is IEX a long-term quality stock?
As a long-term quality indicator, IEX's Good UQS Score — anchored by Good ratings in Quality and Risk — suggests a business with operational consistency and manageable financial risk. The Weak Moat rating is worth monitoring, as durable competitive advantages are a key factor in long-term compounding.
What is the main competitive advantage of IDEX Corporation?
IDEX's diversification across three distinct segments — fluid metering, health and science technologies, and fire safety — provides some insulation against single-market downturns. However, the UQS Moat pillar rates this advantage as Weak relative to sector peers, suggesting the company's edge is more operational than structural.
What sector does IEX belong to?
IEX belongs to the Industrials sector, specifically within applied manufacturing and fluid-handling solutions. You can explore other [top Industrials stocks](/sector/industrials) on UQS Score to see how IDEX compares within its broader peer group.
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Pro Analysis
IEX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 23, 2026 | 57.1 | 68.1 | 39.0 | 44.4 | 78.5 | 64.4 | -0.1 |
| May 22, 2026 | 57.2 | 68.2 | 39.0 | 44.4 | 78.5 | 64.7 | +0.1 |
| May 21, 2026 | 57.1 | 68.1 | 39.0 | 44.4 | 78.5 | 64.2 | 0.0 |
| May 16, 2026 | 57.1 | 68.1 | 39.0 | 44.4 | 78.5 | 64.5 | +0.1 |
| May 14, 2026 | 57.0 | 68.0 | 39.0 | 44.4 | 78.5 | 64.0 | +0.3 |
| May 12, 2026 | 56.7 | 67.9 | 39.0 | 43.9 | 78.5 | 63.0 | +0.2 |
| May 7, 2026 | 56.5 | 67.4 | 39.0 | 43.5 | 77.0 | 64.3 | -0.1 |
| May 4, 2026 | 56.6 | 67.4 | 39.0 | 43.5 | 77.0 | 64.7 | +0.1 |
| May 3, 2026 | 56.5 | 67.4 | 39.0 | 43.3 | 77.0 | 64.6 | -0.2 |
| May 2, 2026 | 56.7 | 67.4 | 39.0 | 43.3 | 77.0 | 66.1 | +0.1 |
IEX — Pillar Breakdown
Quality
— 68.1/100 (25%)IDEX Corporation shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 44.4/100 (20%)IDEX Corporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 78.5/100 (15%)IDEX Corporation carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 64.6/100 (15%)IDEX Corporation trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 39/100 (25%)IDEX Corporation possesses some competitive advantages but faces meaningful competition. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for IEX.
Score Composition
Financial Data
More Stock Analysis
How is the IEX UQS Score Calculated?
The UQS (Unified Quality Score) for IDEX Corporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses IDEX Corporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether IDEX Corporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.