IEX

BuyPremium GrowerAI neutral

IDEX Corporation · Industrials · United States · $16.9B cap · $153.4M/day traded

$229.05 +1.0% · close 23 Oct · scored 24 Oct

StockRank up 1.4 since 23 Oct.

Premium Grower: Strong business with the market behind it, priced at a premium.

72
StockRank
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Report expected 28 Oct: the next-year EPS estimate has risen 4.2% over the last 14 weeks.

Quality
69
Value
26
Momentum
71

As of 24 Oct 2026, MoatMap's StockRank for IDEX Corporation (IEX) is 72/100, ranked against 24,000+ stocks in 35 markets (Quality 69, Value 26, Momentum 71, each scored against its sector).

Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →

P/E (TTM)
33.0x
peers 25.9x
ROE
13.0%
peers 8.9%
D/E
0.5x
peers 0.6x
Dividend %
1.3%
trailing yield
AI CONVICTION THESIS

IDEX makes niche fluidics, optics, sealing and fire-and-rescue equipment. Many of its products are small, critical components that customers rarely switch away from, which gives it strong margins and high returns on capital. Second-quarter results beat expectations and management raised guidance, and the company is buying back shares (about 0.7% of its stock in 90 days). This is a high-quality business, but its valuation is already full and none of the current macro themes gives it a strong, unpriced tailwind, so the upside from here looks ordinary rather than exceptional.

ABOUT IDEX CORPORATION

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IDEX Corporation is a diversified global manufacturer of highly engineered industrial products and technologies, specializing in critical fluidics systems, dispensing equipment, and fire & safety solutions. The company's competitive moat is built on its proprietary technology, extensive patent portfolio, and the essential, high-precision nature of its products across diverse niche markets. This technological leadership and integral role in customer processes create high barriers to entry and strong customer loyalty.

FINANCIAL SUMMARY (USD)

Year2022202320242025CAGRTTM2026E2027EFwd CAGR
Revenue3.2B3.3B3.3B3.5B2.8%3.6B3.7B3.9B6.4%
EPS7.747.876.666.41-6.1%6.957.127.7710.1%
Shares75.6M75.7M75.9M74.6M-1.3%73.7M———
Debt1.6B1.3B2.0B1.8B5.2%1.9B———
Equity3.0B3.5B3.8B4.0B9.8%————
Op CF557.4M716.7M668.1M680.4M6.9%716.7M———
Inv CF-917.2M-283.8M-1.0B-137.6M—————
Fin CF-37.8M-344.7M465.9M-632.6M—————
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PRICE (1Y) · USD+3.1%
22222623023423914 Sep5 Oct23 Oct
SMA 50SMA 200

Price checkIn an uptrendExperimental

Above its 200-day average and 6% below its 52-week high.

SwingsCalm

Calmer than 88% of stocks we rank over the past year (22% a year).

How this is worked out

StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.

The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.

In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.

What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.

What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.

Calm is not safe: a calm stock can still slide steadily.

Rules fixed before any data was fetched. Describes the chart, not a recommendation.

Close
$229.05
RSI (14)
39.9
52-Week Range-5.8% from high
Low $158.42High $243.03

SCORE BREAKDOWN

Quality
69
ROIC
11.0%60.0
ROE
13.0%67.4
GP/Assets
23.2%66.2
Op. Margin
22.2%88.5
FCF/Assets
7.6%76.3
Piotroski
890.8
Int. Cover
10.8x53.2
D/E Ratio
0.47x42.2
Current Ratio
3.05x82.7
Value
26
P/E (TTM)
33.0x25.7
EV/EBITDA
18.8x27.7
P/FCF
32.2x31.5
P/B
4.2x21.3
P/S
4.7x15.9
Div Yield
1.3%32.8
Momentum
71
52W High %
94%92.5
RS 6M
5%72.3
SMA 50/200
1.08x77.1
EPS Rev 4W
+0.1%68.5
EPS Rev 12W
+4.2%81.4
EPS Improve
+39%47.0
Q Growth
9%44.8

FUNDAMENTALS

Market Cap
$16.9B
P/E (Forward)
23.8x
Gross Margin
44.7%

SECTOR PEERS

Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of IEX are excluded.

TickerCompanyMkt CapStockRankSignal
IEXIDEX Corporation(you)$16.9B72Buy
NDSNNordson Corporation$17.8B74Buy
DCIDonaldson Company, Inc.$9.8B70Buy
GGGGraco Inc.$10.7B68Buy
OTISOtis Worldwide Corporation$28.6B76Buy
WTSWatts Water Technologies, Inc.$12.0B81Strong Buy
AOSA. O. Smith Corporation$8.4B74Buy
DOVDover Corporation$26.8B59Hold
CRCrane Company$10.6B57Hold
GTESGates Industrial Corporation Ltd.$6.3B67Buy

Peer medians: ROE 8.9% · P/E 25.9x · Gross margin 29.2%

Company Deep Dive

Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.

Request Deep Dive(50 Feathers)

IDEX Corporation (IEX): Stock Score Summary

IDEX Corporation (IEX) has a MoatMap StockRank of 72/100 based on Quality (69/100), Value (26/100), and Momentum (71/100) factor scores. The current signal is BUY. IDEX makes niche fluidics, optics, sealing and fire-and-rescue equipment. Many of its products are small, critical components that customers rarely switch away from, which gives it strong margins and high returns on capital. Second-quarter results beat expectations and management raised guidance, and the company is buying back shares (about 0.7% of its stock in 90 days). This is a high-quality business, but its valuation is already full and none of the current macro themes gives it a strong, unpriced tailwind, so the upside from here looks ordinary rather than exceptional.

IDEX Corporation is a diversified global manufacturer of highly engineered industrial products and technologies, specializing in critical fluidics systems, dispensing equipment, and fire & safety solutions. The company's competitive moat is built on its proprietary technology, extensive patent portfolio, and the essential, high-precision nature of its products across diverse niche markets. This technological leadership and integral role in customer processes create high barriers to entry and strong customer loyalty.

Key Financial Metrics

Price$229.05
Market Cap$16.9B
P/E (TTM)32.96
P/E (Forward)23.77
Price/Book4.23
Return on Equity13.0%
Return on Invested Capital11.0%
Debt/Equity0.47x
Gross Margin44.7%
Operating Margin22.2%
Revenue Growth6.4%
Dividend Yield1.3%
Free Cash Flow$525M

IDEX Corporation operates in the Specialty Industrial Machinery industry, part of the Industrials sector (United States).

Frequently Asked Questions

What is IDEX Corporation’s (IEX) StockRank?
MoatMap’s StockRank for IDEX Corporation (IEX) is 72/100, with a Buy signal. It is a composite of Quality (69), Value (26), and Momentum (71), each scored against its sector. The composite is then ranked across MoatMap’s universe of 24,000+ stocks.
Does IDEX Corporation have an economic moat?
IDEX Corporation (IEX) has a Quality factor score of 69/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage: the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is IDEX Corporation a buy, hold, or sell?
MoatMap’s current signal for IDEX Corporation (IEX) is Buy, based on a StockRank of 72/100. Signals are derived mechanically from the StockRank composite and should be one input among many; combine with your own thesis on management, competitive position, and valuation.
What sector is IDEX Corporation in?
IDEX Corporation (IEX) operates in the Industrials sector, specifically the Specialty Industrial Machinery industry (United States).