Market Capitalization (Millions $) |
12,712 |
Shares
Outstanding (Millions) |
76 |
Employees |
8,800 |
Revenues (TTM) (Millions $) |
3,269 |
Net Income (TTM) (Millions $) |
505 |
Cash Flow (TTM) (Millions $) |
105 |
Capital Exp. (TTM) (Millions $) |
65 |
Idex Corp
IDEX Corporation is a Delaware corporation that was incorporated on September 24, 198 It specializes in applied solutions, offering a diverse range of pumps, flow meters, fluidics systems, components, and engineered products to customers across various global markets. All activities of IDEX are conducted through its wholly-owned subsidiaries.
Business Segments
IDEX operates through three primary reportable business segments:
1. Fluid & Metering Technologies (FMT): This segment includes several platforms: - Energy: Comprising Corken, Faure Herman, Liquid Controls, SAMPI, and Toptech. - Valves: Featuring Alfa Valvole. - Water: Encompassing Pulsafeeder, Knight, ADS, IETG, and iPEK. - Industrial: Including Richter, Viking, Aegis, Warren Rupp, and Trebor. - Agriculture: Comprising Banjo.
2. Health & Science Technologies (HST): This segment houses various platforms: - Scientific Fluidics: Including Eastern Plastics, Rheodyne, Sapphire Engineering, Upchurch Scientific, ERC, and CiDRA Precision Services. - IDEX Optics & Photonics: Comprising CVI Melles Griot, Semrock, and AT Films. - Sealing Solutions: Including Precision Polymer Engineering, FTL Seals Technology, and Novotema. - Other platforms: Gast, Micropump, and Material Processing Technologies (which includes Quadro, Fitzpatrick, Microfluidics, and Matcon).
3. Fire & Safety/Diversified Products (FSDP): This segment consists of: - Fire Suppression: Including Class 1, Hale, and Godiva. - Rescue: Featuring Dinglee, Hurst Jaws of Life, Lukas, and Vetter. - Other platforms: Band-It and Dispensing.
Strategic Focus
IDEX emphasizes organic growth and strategic acquisitions as part of its operational strategy. The company has established fifteen platforms within its segments, with each platform acting as a reporting unit. The reporting units undergo annual goodwill impairment testing.
IDEX Corporation positions each reporting unit as a leader in its respective product and service areas. The organization attributes its strong financial performance to its capability to engineer specialized, high-quality products and its effectiveness in identifying, executing, and integrating strategic acquisitions.
In summary, IDEX Corporation is a diversified industrial company focused on providing innovative fluidics solutions across various industries, bolstered by a commitment to excellence in product design and strategic growth initiatives.
Company Address: 3100 Sanders Road, Northbrook, 60062 IL
Company Phone Number: 498-7070 Stock Exchange / Ticker: NYSE IEX
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