IDEX (IEX) 10-K Summary — Year Ended Dec 31, 2024
The filing provides an overview of IDEX Corporation's financial results and risk factors for the most recent period. Revenue was essentially flat compared to the prior year, while operating cash flow remained substantial.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
The filing provides an overview of IDEX Corporation's financial results and risk factors for the most recent period. Revenue was essentially flat compared to the prior year, while operating cash flow remained substantial.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$3.3B
Revenue reported for the fiscal year.
Operating income
$677.2M
Income from operations reported for the year.
Net income
$505M
Net income reported for the year.
Operating cash flow
$668.1M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $2.8B | n/a |
| Dec 31, 2022 | $3.2B | +15.1% |
| Dec 31, 2023 | $3.3B | +2.9% |
| Dec 31, 2024 | $3.3B | -0.2% |
Business overview
The supplied filing context does not contain a detailed description of the company's business. Only a table of contents for Item 1 (Business) is provided, with no substantive text.
Financial performance
Revenue was nearly unchanged from the prior year. Operating income and net income were reported at levels consistent with the company's recent performance. Operating cash flow remained strong.
Material risks
The filing identifies general risks related to economic conditions, industrial activity levels, and the uncertainties inherent in forward-looking statements. It also cautions that actual results may differ materially from projections.
Liquidity and capital
The filing discusses liquidity and capital resources in a forward-looking context, referencing the availability of cash and financing alternatives. It also mentions resource and capital deployment as part of the company's strategy.
What to watch
Readers should monitor the impact of the company's recently initiated organizational changes, which are cited in the filing as a factor in future performance.