Idex Corporation ( (IEX) ) has released its Q3 earnings. Here is a breakdown of the information Idex Corporation presented to its investors.
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IDEX Corporation, a global company specializing in engineered products and mission-critical components, operates in sectors such as healthcare, water treatment, and fire safety. In its latest earnings report for the third quarter of 2025, IDEX Corporation announced record sales of $879 million, marking a 10% increase from the previous year. The company also reported a rise in diluted earnings per share (EPS) to $1.70, with adjusted EPS reaching $2.03. Record orders were noted at $880 million, reflecting a 13% increase. IDEX has narrowed its full-year EPS outlook and increased its share repurchase authorization to $1 billion.
Key financial highlights include a 22% increase in net sales for the Health & Science Technologies segment, driven by the acquisition of Mott Corporation, and a 5% increase in the Fluid & Metering Technologies segment. However, the Fire & Safety/Diversified Products segment saw a 3% decrease in net sales. The company achieved a gross margin of 44.5% and an adjusted EBITDA margin of 27.3%. IDEX also completed the acquisition of Micro-LAM, Inc. for $80.7 million and repurchased shares worth $75 million in the third quarter.
Looking ahead, IDEX Corporation remains focused on optimizing its growth platforms and executing strategic acquisitions. The company expects to maintain its organic sales growth and achieve significant cost savings through platform optimization and cost containment actions. Despite macroeconomic uncertainties, IDEX is confident in its ability to deliver attractive growth and consistent value creation in the long term.