Screener / SEC EDGAR /CIK 0000832101 /10-K filed Feb 19, 2026, compared with Feb 20, 2025 /Numbers from the XBRL of the 10-Ks
Industrials peers:
NYSE Industrials · Pumps

IDEX Corporation IEX

IDEX Corporation (“IDEX,” the “Company,” “we,” or “our”) is a global applied solutions provider serving niche markets with mission critical components for everyday life. 10-K, Item 1

Employees
8,700
Headquarters
Northbrook, IL
CEO
Eric D. Ashleman
Next results
around Feb 3, 2027
Compare with peers Embed

Where each dollar of revenue went, FY2025

Revenue of $3.5B through the costs to a net profit of $483.2M · income statement of the 10-K

20% operating margin
Revenue to Gross profit: $1.5BRevenue to Cost of revenue: $1.9BGross profit to Operating profit: $699.3MGross profit to Operating expenses: $839.5MOperating profit to Net profit: $483.2MOperating profit to Tax & other: $216.1MOperating expenses to R&D: $70.0MOperating expenses to Sales, admin & other: $769.5M Revenue: $3.5B REVENUE $3.5B +6% Y/Y Gross profit: $1.5B · 45% margin GROSS PROFIT $1.5B 45% margin · +6% Y/Y Cost of revenue: $1.9B · 55% of revenue COST OF REVENUE $1.9B 55% of revenue Operating profit: $699.3M · 20% margin OPERATING PROFIT $699.3M 20% margin · +3% Y/Y Operating expenses: $839.5M · 24% of revenue OPERATING EXPENSES $839.5M 24% of revenue Net profit: $483.2M · 14% margin NET PROFIT $483.2M 14% margin · −4% Y/Y Tax & other: $216.1M · 6% of revenue TAX & OTHER $216.1M 6% of revenue R&D: $70.0M · 2% of revenue R&D $70.0M 2% of revenue Sales, admin & other: $769.5M · 22% of revenue SALES, ADMIN & OTHER $769.5M 22% of revenue
Gross profit $1.5B 45% margin · +6% Y/Y
Operating profit $699.3M 20% margin · +3% Y/Y
Net profit $483.2M 14% margin · −4% Y/Y
The full income statement, year by year

IEX among Industrials peers

Six ratios from the latest 10-K. Each corner is the share of 81 peers the company is above, not a score.

Compare
Revenue growth: 5.8%, above 57% of 81 peers (their median 4.6%) REVENUE GROWTH 5.8% · above 57% Gross margin: 44.9%, above 75% of 51 peers (their median 38.1%) GROSS MARGIN 44.9% · above 75% Operating margin: 20.9%, above 70% of 71 peers (their median 17.5%) OPERATING MARGIN 20.9% · above 70% Net margin: 14.6%, above 65% of 81 peers (their median 13.0%) NET MARGIN 14.6% · above 65% FCF margin: 18.2%, above 78% of 78 peers (their median 13.0%) FCF MARGIN 18.2% · above 78% Return on capital: 9.2%, above 28% of 65 peers (their median 14.2%) RETURN ON CAPITAL 9.2% · above 28%
IEX Peer median Below the median

What changed

2 new risk paragraphs. 10-K filed Feb 19, 2026 against Feb 20, 2025.

Each row opens the detail with the quote and the filing. A row is a change worth reading, not a verdict.

Accounting checks

11 checks on the latest 10-K. Checks, not verdicts.

How it works

0facts worth reading about all 11 checks found nothing to note

  • Receivables +11.0% vs revenue +5.8% (+5.3 pts)
  • Cash from operations $680.4M vs net income $483.2M (FY ending Dec 31, 2025)
  • Inventory +11.6% vs revenue +5.8% (+5.8 pts)
8 more checks with nothing to note
  • Same auditor in both 10-Ks: DELOITTE & TOUCHE LLP
  • No statement of substantial doubt about going concern
  • No 8-K item 4.02 in the last 2 years
  • No NT 10-K or NT 10-Q in the last 2 years
  • The same matters as last year: Revenue - Disaggregation of Revenue
  • No sentence in the 10-K concludes that controls were not effective because of a material weakness
  • No 8-K item 2.06 in the last 2 years
  • No 8-K item 1.03 in the last 2 years

In their words

2 paragraphs in Risk Factors that were not in the 10-K filed Feb 20, 2025. Quoted as filed.

All 2 new paragraphs
  1. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    In addition, the increasing use and development of AI has increased demand for AI-related projects, including data center power solutions and semiconductor applications. The growth and development of this rapidly-evolving industry is difficult to predict. Changes in demand can affect the timing and amounts of customer investments in our…
  2. Item 1A · new paragraph · not in the 10-K filed Feb 20, 2025 10-K, ITEM 1A
    The Company’s total assets includes substantial intangible assets, primarily goodwill and identifiable intangible assets, which primarily result from acquisitions. At December 31, 2025, goodwill and intangible assets totaled $3,414.5 million and

New risk paragraphs, against peers

Latest 10-K of each, Industrials companies closest in revenue

Paragraphs in Risk Factors with nothing like them in the company's 10-K the year before. A count of text, not of risk.

Financial performance

Last 4 fiscal years · 10-K XBRL

All years
MetricFY2022FY2023FY2024FY2025
Revenue$3.2B$3.3B$3.3B$3.5B
Net income$586.9M$596.1M$505.0M$483.2M
Operating cash flow$557.4M$716.7M$668.1M$680.4M
Free cash flow$489.4M$626.8M$603.0M$616.8M

Revenue, FY2016 to FY2025

Ten fiscal years, each from its own 10-K · XBRL · USD

$3.5B ▲ 5.8% in FY2025

FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Every number, year by year

Recent filings

2 filings in the last 30 days · SEC EDGAR

All filings

About the company

IDEX Corporation, Northbrook, IL · from the 10-K filed Feb 19, 2026

IDEX Corporation (“IDEX,” the “Company,” “we,” or “our”) is a global applied solutions provider serving niche markets with mission critical components for everyday life. Substantially all of the Company’s business activities are carried out through over 50 wholly-owned subsidiaries with shared values of Trust, Team and Excellence. IDEX’s diverse family of businesses is committed to making trusted solutions that improve lives and is innovative and inquisitive in its quest to solve customers’ most challenging applied technology problems.

Headquarters
Northbrook, IL
Country
United States
Reports in
USD
Listed on
NYSE
Fiscal year ends
December 31
Last results
Oct 28, 2026
Incorporated in
DE

Employees, at the top of the page: "At December 31, 2025, the Company had approximately 8,700 employees" (10-K). Address and exchange: SEC's company file.

Email alerts

Sources

The 10-K filed Feb 19, 2026 (open at SEC), compared with the 10-K filed Feb 20, 2025. Numbers from the XBRL of the 10-Ks; filings from SEC EDGAR.

Work with it: Excel workbook · CSV. Google Sheet that stays up to date: paste =IMPORTDATA("https://tickdelta.com/company/IEX/export.csv") into a cell.