0000832101-26-000003
SEC filingIDEX Corporation reported solid financial results for fiscal year 2025, with net sales of $3.46 billion and net income attributable to IDEX of $483.2 million. The company generated a gross profit of $1.54 billion, representing a gross margin of 44.5%, and operating income of $699.3 million, resulting in an operating margin of 20.2%. Earnings per share were $6.00 on both a basic and diluted basis. Cash flow from operations was strong at $680.4 million, though net cash decreased by $53.0 million due to significant investing and financing activities, including business acquisitions and share repurchases. The balance sheet shows total assets of $6.93 billion, with shareholders' equity of $4.03 billion and total liabilities of $2.90 billion, indicating a healthy financial position.
IDEX Corporation reported net sales of $3.46 billion for the fiscal year ending December 31, 2025. The company achieved a gross profit of $1.54 billion and operating income of $699.3 million. Net income attributable to IDEX was $483.2 million, with basic and diluted earnings per share of $6.00. The company generated $680.4 million in cash from operating activities. Key balance sheet items include total assets of $6.93 billion, total liabilities of $2.90 billion, and shareholders' equity of $4.03 billion. The company paid $212.6 million in cash dividends to shareholders and repurchased $247.8 million of common stock during the year.
The document does not provide segment breakdown, geographic mix, or specific growth drivers for revenue. The analysis is limited to the total net sales figure of $3.46 billion as reported in the income statement. No further details on revenue composition or drivers are disclosed in the provided data.
IDEX Corporation maintained healthy profitability margins in fiscal year 2025. The gross margin was 44.5%, calculated from gross profit of $1.54 billion on net sales of $3.46 billion. The operating margin was 20.2%, derived from operating income of $699.3 million. The company incurred selling, general and administrative expenses of $818.8 million and restructuring expenses of $20.7 million. The effective tax rate was approximately 23.7% based on the provision for income taxes of $150.1 million on income before taxes of $632.6 million.
The company generated strong operating cash flow of $680.4 million, significantly exceeding net income of $482.5 million due to non-cash adjustments including depreciation of $75.8 million and amortization of $130.7 million. Free cash flow, calculated as operating cash flow minus capital expenditures of $63.6 million, was $616.8 million. Investing activities used $137.6 million, primarily for business acquisitions ($76.2 million) and capital expenditures. Financing activities used $632.6 million, mainly for debt repayments, dividends, and share repurchases. The balance sheet shows a solid liquidity position with cash and equivalents of $580.0 million and total current assets of $1.64 billion against current liabilities of $575.4 million. Long-term debt net was $1.82 billion.
The provided document content does not include management guidance, strategic priorities, or specific risk factors for future periods. The analysis is limited to the historical financial data presented for fiscal year 2025. No forward-looking statements or outlook information is available in the provided filing excerpts.