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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
—
Company details
Market cap
~$15B
P/E ratio
~26×
Div yield
~1.4%
EPS (2025, dil.)
$6.41
Adj. EPS (2025)
$7.95
Revenue (2025)
~$3.5B
Rev. growth
+6%
Shares out
~74M
In plain English
IDEX is a quiet conglomerate of 50-plus small, decentralized businesses that all do one thing well: move, meter and control fluids with extreme precision. Its pumps, valves and flow meters sit inside everything from a DNA sequencer and a semiconductor fab to a fire engine and a municipal water main — high-margin, mission-critical parts most customers never see but cannot run without. It grows by buying more niche fluidics businesses and pushing price and aftermarket service.
In simple terms
What IDEX Corporation really sells
IDEX is a quiet conglomerate of 50-plus small, decentralized businesses that all do one thing well: move, meter and control fluids with extreme precision. Its pumps, valves and flow meters sit inside everything from a DNA sequencer and a semiconductor fab to a fire engine and a municipal water main — high-margin, mission-critical parts most customers never see but cannot run without. It grows by buying more niche fluidics businesses and pushing price and aftermarket service.
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