IDEX Corporation (IEX) Financial Statements (2024 and earlier)

Company Profile

Business Address 3100 SANDERS ROAD
NORTHBROOK, IL 60062
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3561 - Pumps and Pumping Equipment (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5344308551,026633466
Cash and cash equivalents5344308551,026633466
Receivables428443356293298312
Inventory, net of allowances, customer advances and progress billings421471370290293280
Inventory421471370290293280
Other current assets635596483734
Total current assets:1,4461,3991,6781,6571,2611,093
Noncurrent Assets
Property, plant and equipment430382327298280281
Intangible assets, net (including goodwill)3,8503,5862,7652,3112,1682,081
Goodwill2,8382,6382,1681,8961,7801,698
Intangible assets, net (excluding goodwill)1,012948597416388383
Other noncurrent assets13914514714810419
Total noncurrent assets:4,4194,1133,2392,7572,5522,381
TOTAL ASSETS:5,8655,5124,9174,4143,8143,474
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities451498480399357364
Interest and dividends payable41383933
Accounts payable180209179152138143
Accrued liabilities272289260209180188
Deferred revenue  45   
Debt1  000
Other undisclosed current liabilities 491    
Total current liabilities:500544480399358365
Noncurrent Liabilities
Long-term debt and lease obligation1,3251,4691,1901,044849848
Long-term debt, excluding current maturities1,3251,4691,1901,044849848
Liabilities, other than long-term debt499460444431344138
Deferred income tax liabilities292264196164147
Other liabilities207196247267197138
Other undisclosed noncurrent liabilities      128
Total noncurrent liabilities:1,8241,9291,6341,4751,1931,115
Total liabilities:2,3242,4722,1141,8741,5511,479
Equity
Equity, attributable to parent3,5413,0392,8032,5402,2631,995
Common stock111111
Treasury stock, value(1,187)(1,184)(1,050)(1,064)(986)(957)
Additional paid in capital839817796775760738
Accumulated other comprehensive loss(46)(126)(70)(14)(127)(129)
Retained earnings3,9343,5323,1272,8422,6152,342
Equity, attributable to noncontrolling interest(0)0 0  
Total equity:3,5413,0402,8032,5402,2631,995
TOTAL LIABILITIES AND EQUITY:5,8655,5124,9174,4143,8143,474

Income Statement (P&L) ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues3,2743,1822,7652,3522,4952,484
Cost of revenue
(Cost of Goods and Services Sold)
(1,827)(1,755)(1,540)(1,324)(1,370)(1,366)
Gross profit:1,4471,4271,2251,0271,1251,118
Operating expenses(704)(653)(578)(495)(546)(549)
Other undisclosed operating loss(11)(23)(9)(12)  
Operating income:733751637521579569
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
(5)4(16)(6)(2)4
Interest and debt expense(52)(41)(41)(45)(44)(44)
Income from continuing operations before equity method investments, income taxes:676715580470533529
Other undisclosed income from continuing operations before income taxes8535    
Income from continuing operations before income taxes:760749580470533529
Income tax expense(165)(163)(131)(93)(107)(118)
Income from continuing operations:596587449378426411
Income before gain (loss) on sale of properties:449378426411
Net income:596587449378426411
Net income attributable to noncontrolling interest100   
Net income available to common stockholders, diluted:596587449378426411

Comprehensive Income ($ in millions)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income:596587449378426411
Other comprehensive income (loss)2(57)(56)1142(33)
Other undisclosed comprehensive income78     
Comprehensive income:676530393492427377
Comprehensive income, net of tax, attributable to noncontrolling interest100   
Other undisclosed comprehensive loss, net of tax, attributable to parent   (0)   
Comprehensive income, net of tax, attributable to parent:677530393492427377

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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