---
schema_version: "secwatch.filing_event.v1"
accession: "0000832101-23-000047"
form_type: "8-K"
ticker: "IEX"
cik: "0000832101"
company_name: "IDEX CORP /DE/"
filed_at: "2023-10-26T23:59:59+00:00"
generated_at: "2026-06-09T09:19:32.399312+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# IDEX Q3 adjusted EPS $2.12, revenue $793M; raises FY EPS guidance to $8.13-$8.18

## Summary
- Q3 net sales $793.4M, down 4% (-6% organic); diluted GAAP EPS $2.75, up 17% YoY.
- Adjusted diluted EPS $2.12, down 1% YoY; adjusted EBITDA margin 28.4%, down 30 bps.
- Raises FY 2023 GAAP EPS guidance to $7.91-$7.96 and adjusted EPS to $8.13-$8.18.
- Record free cash flow $207M, up 14% YoY; operating cash flow $227M.
- Completed sale of Micropump for $110M cash, pre-tax gain $93.8M; repaid $150M debt.

## SEC filing metadata
- accession: 0000832101-23-000047
- form_type: 8-K
- ticker: IEX
- cik: 0000832101
- company_name: IDEX CORP /DE/
- filed_at: 2023-10-26T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/0000832101-23-000047-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/iex-20231025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000832101-23-000047
- JSON: https://secwatch.observer/filing/0000832101-23-000047.json
- Plain text: https://secwatch.observer/filing/0000832101-23-000047.txt

## Key facts
- Earnings Releases
  IDEX CORP /DE/ reported the three month period ended September 30, 2023 results: revenue $793.4 million, net income $209.1 million, EPS $2.75. Guidance raised.
  - Period: the three month period ended September 30, 2023
  - Revenue: $793.4 million
  - Net income: $209.1 million
  - EPS: $2.75
  - Guidance: raised
  - Result: reported results
  source text: THIRD QUARTER RESULTS AND RAISES FULL YEAR GUIDANCE Third Quarter 2023 Highlights (All comparisons are against the third quarter of 2022 unless otherwise noted) • Sales of $793.4 million, down 4% overall and 6% organically • Reported diluted EPS of $2.75, up 17%, and adjusted diluted EPS of $2.12, down 1%, included a lower effective tax rate • Strong operating
  evidence_url: https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/0000832101-23-000047-index.htm
- Earnings Releases
  IDEX CORP /DE/ reported Fourth quarter 2023 results: EPS $1.50 - $1.55.
  - Period: Fourth quarter 2023
  - EPS: $1.50 - $1.55
  - Result: guidance update
  source text: Fourth quarter 2023 organic sales are projected to decline 8% to 9% over the prior year period, with GAAP diluted EPS of $1.50 - $1.55 (adjusted diluted EPS of $1.74 - $1.79).
  evidence_url: https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/0000832101-23-000047-index.htm
- Earnings Releases
  IDEX CORP /DE/ reported Full year 2023 results: EPS $7.91 - $7.96. Guidance raised.
  - Period: Full year 2023
  - EPS: $7.91 - $7.96
  - Guidance: raised
  - Result: guidance update
  source text: Full year GAAP EPS guidance raised to $7.91 to $7.96 from prior guidance of $6.80 to $6.90
  evidence_url: https://www.sec.gov/Archives/edgar/data/832101/000083210123000047/0000832101-23-000047-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.