8-K
filed February 1, 2023, 6:59 PM ET
ticker IEX
CIK 0000832101
earnings
confidence high
sentiment positive
materiality 0.80
IDEX reports record 2022 EPS of $7.71; guides 2023 adj. EPS $8.50-$8.80
IDEX CORP /DE/
2022-FY EPS reported
$7.71
revenue$3,181,900,000
- Q4 revenue $810.7M (+13%), adj. EPS $2.01 (+18%); FY rev $3.18B (+15%), adj. EPS $8.12 (+18%)
- Record 2022 orders $3.3B, sales $3.2B; invested >$1B in acquisitions, capex, and share repurchases
- Acquired Muon Group for $713M (Nov 2022); sold Knight for $49.4M (Sep 2022) gaining $34.8M pre-tax
- 2023 guidance: organic sales growth 1-5%; adj. EPS $8.50-$8.80; Q1 adj. EPS $1.98-$2.03
- Segment margins: FMT 30.0% (+180bps), HST 30.3% (-150bps), FSDP 27.3% (-90bps)
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
IDEX CORP /DE/ reported the quarter ended December 31, 2022 results: revenue $810.7 million, net income $130.0 million, EPS $1.71.
- Period
- the quarter ended December 31, 2022
- Revenue
- $810.7 million
- Net income
- $130.0 million
- EPS
- $1.71
- Result
- reported results
Exact text from the filing
Fourth Quarter Highlights (All comparisons against the fourth quarter of 2021 unless otherwise noted) • Reported EPS of $1.71, up 10% and adjusted EPS of $2.01, up 18% • Orders of $803.4 million, up 1% overall and 1% organically • Sales of $810.7 million, up 13% overall and 12% organically • Net income of $130.0 million; net income margin of 16.0%, down 60 basis points
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
IDEX CORP /DE/ reported full year 2023 results: EPS GAAP EPS of $7.55 to $7.85. Guidance initiated.
- Period
- full year 2023
- EPS
- GAAP EPS of $7.55 to $7.85
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
Full year 2023 organic sales growth is projected to be 1 to 5 percent, with GAAP EPS of $7.55 to $7.85 (adjusted EPS of $8.50 to $8.80).
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
IDEX CORP /DE/ reported the year ended December 31, 2022 results: net income $586.9 million, EPS $7.71.
- Period
- the year ended December 31, 2022
- Net income
- $586.9 million
- EPS
- $7.71
- Result
- reported results
Exact text from the filing
Full year 2022 net income attributable to IDEX increased $137.5 million to $586.9 million, which resulted in EPS attributable to IDEX of $7.71 per share.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.