15 years of revenue, profit, cash flow and balance-sheet history through FY2025,
from SEC filings — with a computed, factual read of the trend.
Updated Overview →
Growth & profitability
Revenue has grown 8.0% per year over the past 5 years.
Net income has grown slower than revenue (5.0% vs 8.0% per year).
Operating margin has contracted, at 20.2% in the latest year.
Free cash flow has grown 3.6% per year over the past 5 years.
Financial health
Total debt ($1.8B) exceeds cash ($580M); net debt is $1.2B.
Total debt has grown faster than revenue (11.7% vs 8.0% per year).
Total debt is 2.6× EBITDA.
Shareholder returns
Dividends have been paid for 15 consecutive years, consuming 44.0% of earnings and 34.5% of free cash flow.
The dividend has grown 7.0% per year over the past 5 years.
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key annual figures
FY
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
2025
$3.5B
$483M
44.5%
20.2%
$617M
$1.8B
$580M
2024
$3.3B
$505M
44.2%
20.7%
$603M
$2.0B
$621M
2023
$3.3B
$596M
44.2%
22.4%
$627M
$1.3B
$534M
2022
$3.2B
$587M
44.8%
23.6%
$489M
$1.5B
$430M
2021
$2.8B
$449M
44.3%
23.0%
$493M
$1.2B
$855M
2020
$2.4B
$378M
43.7%
22.1%
$518M
$1.1B
$1.0B
2019
$2.5B
$426M
45.1%
23.2%
$477M
$851M
$633M
2018
$2.5B
$411M
45.0%
22.9%
$423M
$852M
$466M
2017
—
$337M
—
—
$389M
$862M
$376M
2016
—
$271M
—
—
$362M
$1.0B
$236M
2015
—
$283M
—
—
$317M
$849M
$328M
2014
—
$279M
—
—
$320M
$965M
$509M
2013
—
$255M
—
—
$370M
$776M
$440M
2012
—
$38M
—
—
$290M
$794M
$319M
2011
—
$194M
—
—
$182M
$811M
$230M
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
Free cash flow (CFO − capex, quarterly)
Free cash flow
Cash vs total debt
CashTotal debt
Cash flow: operating / investing / financing
OperatingInvestingFinancing
Key quarterly figures
Quarter
Revenue
Net income
Gross M
Op M
FCF
Total debt
Cash
Mar '26
$887M
$120M
44.9%
19.4%
$86M
$1.9B
$586M
Dec '25
$899M
$128M
43.1%
20.4%
$190M
$1.8B
$580M
Sep '25
$879M
$128M
44.5%
21.1%
$189M
$1.9B
$594M
Jun '25
$865M
$132M
45.3%
21.7%
$147M
$1.9B
$568M
Mar '25
$814M
$96M
45.3%
17.4%
$91M
$2.0B
$594M
Dec '24
$863M
$123M
42.5%
19.2%
$157M
$2.0B
$621M
Sep '24
$798M
$119M
44.3%
21.0%
$192M
$2.1B
$633M
Jun '24
$807M
$141M
45.4%
22.6%
$118M
$1.3B
$701M
Mar '24
$801M
$121M
44.6%
20.1%
$137M
$1.3B
$616M
Dec '23
$789M
$109M
42.7%
20.3%
$179M
$1.3B
$534M
Sep '23
$793M
$209M
44.1%
22.6%
$207M
$1.3B
$563M
Jun '23
$846M
$139M
44.7%
23.6%
$120M
$1.5B
$457M
Mar '23
$845M
$140M
45.2%
22.7%
$121M
$1.5B
$511M
Dec '22
$811M
$130M
42.6%
21.6%
$147M
$1.5B
$430M
Sep '22
$824M
$179M
46.3%
24.5%
$182M
$1.2B
$681M
Jun '22
$796M
$138M
44.8%
23.4%
$97M
$1.2B
$558M
Mar '22
$751M
$140M
45.6%
25.0%
$64M
$1.2B
$733M
Dec '21
$715M
$119M
44.0%
22.7%
$136M
$1.2B
$855M
Sep '21
$712M
$116M
43.8%
22.6%
$142M
$1.2B
$806M
Jun '21
$686M
$102M
44.6%
23.1%
$120M
$1.2B
$714M
Valuation over time
How the market has priced IEX against its own fundamentals since 2023-03 —
each month-end's share price set against the most recent annual filing, so the multiple moves
as price runs ahead of (or behind) earnings. Split-adjusted.
The price-to-earnings ratio has risen from 29.1× (Mar '23) to 34.9× (Jun '26).
The price-to-sales ratio has fallen from 5.4× (Mar '23) to 4.9× (Jun '26).
The dividend yield has risen from 1.0% (Mar '23) to 1.3% (Jun '26).
Price / earnings (P/E)
P/E
Price / sales (P/S)
P/S
Dividend yield (%)
Dividend yield %
Frequently asked questions
Is IEX growing its revenue and profit?
Over the past 5 years, IDEX Corporation's revenue has grown 8.0% per year, and net income grown 5.0% per year. These are computed facts, not advice.
How much debt does IEX have?
As of FY2025, IDEX Corporation reported $1.8B of total debt against $580M of cash.
What is IEX's profit margin?
In FY2025, gross margin was 44.5%, operating margin 20.2%, and net margin 14.0%.
What is IEX's P/E ratio?
As of Jun '26, IDEX Corporation traded at a price-to-earnings ratio of about 34.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.