IDEX Corporation
NYSE: IEX
Stock price
233.84 USD
(+5.06%) 5 years
Financial Performance
5Y price score: 7
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 195.5%
%
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160.6
52-week range
243.8
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
3.8 %
Dividend Yield TTM
1.2 %
Market cap $
$ 17,176
Price / Earnings TTM
32.5
Price / Book TTM
4.3
PEG TTM
(9.4)
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
39 %
10.7 %
195.5 %
Free cash flow per share growth
15.4 %
20.9 %
101.8 %
Earnings per share growth
14.7 %
29.8 %
77.1 %
Founded: 1,988
Employees: 9,000
Business Summary:
Q&A
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Latest Earnings Call Takeaways
2026 Q3 (Oct 28, 2026)
1) Strong Financial Performance and Growth
- IDEXX reported Q3 2026 results that exceeded expectations in sales, margins, and earnings.
- Organic sales grew 8% YoY, with adjusted EBITDA margin expanding 50 basis points to 27%.
- Adjusted EPS reached a record $2.33, up 15% YoY.
- Orders totaled nearly $1 billion, reflecting a 13% YoY increase across all segments.
- The company raised its full-year 2026 outlook, expecting organic growth of 6.5% to 6.8%.
2) Segment Highlights and Market Dynamics
- HST Segment: Orders grew 21% and organic sales increased 13%, driven by semiconductor and data center applications.
- FMT Segment: Organic orders increased 11% with sales up 4%, benefiting from semiconductor and municipal water demand.
- FSDP Segment: Organic sales grew 6%, led by aerospace demand.
- IDEXX's advantage markets, including data centers and semiconductor applications, are expected to sustain growth momentum.
3) Operational Strategies and Competitive Advantages
- IDEXX's strategy focuses on integrated growth platforms and leveraging its proprietary "eightytwenty" playbook to optimize resources.
- The company is successfully tuning its solutions to meet the demands of faster-growing verticals, enhancing profitability.
- Continuous improvement initiatives are being implemented across acquired businesses, contributing positively to margins and growth.
4) Challenges and Inflation Management
- IDEXX faces ongoing inflationary pressures, particularly from elevated energy prices, but has managed to maintain positive price-cost dynamics.
- The company reported that pricing contributed approximately 2% to overall top-line growth in 2026, with expectations to continue pricing above costs.
- Areas of concern include the chemical sector, which remains fatigued, while agriculture and energy show signs of stabilization.
5) Guidance and Future Outlook
- IDEXX expects adjusted EBITDA margin for the full year to be between 27.1% and 27.3% and has raised adjusted EPS guidance to $8.91 to $8.96.
- The company anticipates continued strong performance in its advantage markets and stable to improving demand in industrial sectors.
- There is a focus on capital deployment for growth and shareholder returns, with plans to maintain share repurchases at approximately $75 million per quarter.
Bottom line: IDEXX's robust Q3 performance, driven by strong organic growth and strategic positioning in advantage markets, supports a positive outlook for 2026 and beyond, making it an attractive investment for shareholders.
Annual Reports, Presentations And IR Contacts
Go to the websiteIDEX Corporation — Financial Overview, Stock Price, Market Cap
IDEX Corporation is a company. Founded in 1988. As of October 31, 2026, the company's market capitalization is $17176203921 with a current stock price of $233.84.