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n films rheodyne band it pulsafeeder banjo corporation material processing technologies mpt abel pumps precision polymer engineering ppe faure herman gast manufacturing ads environment toptech systems trebor international cidra precision knight phantom controls wright flow technologies pumper parts versa matic pump flow management devices llc signfix richter louwershanique veco millux wincan tecan atul website idexcorp com footnotes 1 idex corporation is a global industrial company based in northbrook illinois idex develops designs and manufactures fluidics systems optics systems fire and rescue equipment and other specialty engineered products as of february 2025 idex operated in approximately 20 countries and had approximately employed 9 000 employees the company is publicly traded and a component of the s p 500 index history edit idex was formed in 1988 when kohlberg kravis roberts purchased several divisions of houdaille industries which had recently been sold by kkr to tube instruments its first chairman and ceo was donald n boyce 2 3 the company raised 3 3 million with its initial public offering in june 1989 4 in may 1994 idex reached an agreement to acquire hale products inc of conshohocken pa for 90 million hale sells fire trucks portable pumps ventilation systems and is part of idex s fire and safety division which includes the hurst jaws of life 5 6 by 1996 idex had acquired ten other companies and its annual revenue was approximately 562 million 7 in january 1998 idex agreed to buy gast manufacturing of benton harbor michigan for 118 million gast manufactures compressors vacuum pumps air motors and other products 8 the following year the company s original ceo donald boyce stepped down from his position idex coo frank hansen took over as chief executive 9 in 2011 andrew silvernail took over as ceo and chairman 10 in 2011 idex acquired microfluidics international a company that designs and manufactures equipment that used to produce nanoparticles 11 this acquisition supported idex s existing work in pharmaceutical research and production 12 in june 2018 idex corporation announced its acquisition of phantom controls a company that manufactures pump systems 13 in march 2021 idex announced that it was acquiring abel pumps lp a manufacturer of reciprocating positive displacement pumps used in mining marine and power industries 14 the following month idex announced it had agreed to acquire airtech group inc and us valve corporation airtech is a manufacturer of pressure technology products such as pumps and compressor systems and valves 15 in september 2022 idex announced that it would acquire the netherlands based micro precision technology conglomerate muon group 16 and that muon s several subsidiaries such as louwershanique and millux would be incorporated into idex s health and science technologies segment 17 in july 2024 idex announced that it would soon purchase mott corp a filtration products manufacturer to further bolster the company s health and science technologies segment 18 finance edit the key financial trends for idex corporation are based on fiscal years ending december 31 19 year revenue usd billion gross profit usd billion net income usd billion 1994 0 399 0 166 0 033 2000 0 704 0 303 0 063 2006 1 150 0 477 0 146 2012 1 950 0 803 0 037 2018 2 480 1 120 0 410 2021 2 760 1 220 0 449 2024 3 269 1 445 0 505 in q1 2025 idex beat wall street earnings and revenue estimates reporting revenue of us 814 3 million and adjusted eps of 1 75 citing strong demand in its health science technologies segment 20 for q2 2025 the company posted revenue of us 865 4 million up 7 2 yoy and eps of 2 07 outperforming forecasts though it lowered full year adjusted eps guidance to a range of 7 85 7 95 due to softening demand trends 21 operations edit idex s name is an acronym for innovation diversity and excellence 22 the company is composed of more than 50 largely decentralized businesses that operate as subsidiaries 23 24 25 it operates in approximately 20 countries 23 and its business is organized into three segments fluid and metering technologies health and science technologies and fire and safety and diversified products 26 27 idex is headquartered in northbrook illinois 28 its ceo is eric ashleman 24 as of february 2025 it employs approximately 9 000 people 29 the company is publicly traded on the new york stock exchange and is included in the s p 500 30 products edit idex manufactures industrial equipment and components for diversified markets including the agricultural pharmaceutical semiconductor and fire safety sectors 31 32 its products include fluid handling apparatuses like pumps valves and flow meters 33 34 it also makes air compressors optical filters hydraulic rescue tools and fire suppression equipment 33 34 35 references edit idex corporation 2022 annual report form 10 k u s securities and exchange commission february 23 2023 sherrod pamela august 13 1989 for a new firm idex has stocked up some history chicago tribune tribune publishing company retrieved august 14 2020 holland max 2002 from industry to alchemy burgmaster a machine tool company beard books isbn 978 1 58798 153 1 briefs new york times june 5 1989 retrieved january 10 2025 idex to acquire hale products for 90 million the new york times pg 4 10 may 1994 idex fire safety continues transition to integrated solutions provider with creation of new leadership roles the big red guide july 22 2020 retrieved february 3 2025 murphy h lee april 7 1997 acquisitions fueling idex s steady growth crain s chicago business p 47 northbrook based idex has made 10 acquisitions since 1988 last year idex s revenues rose 15 to 562 6 million while earnings were up 11 to 50 2 million or 1 69 a share idex agrees to buy gast manufacturing for 118 million the new york times 9 january 1998 p 5 murphy h lee january 18 1999 as idex s new ceo hansen set to pursue more deals crain s chicago business p 12 idex corp has had only one ceo donald boyce but mr boyce recently turned 60 and he plans to pass the torch on march 31 to frank hansen who has been president and chief operating officer idex corporation appoints andrew k silvernail chairman of the board idex to acquire microfluidics international marketline january 12 2011 idex is a manufacturer and marketer of engineered industrial products while mic is a designer and manufacturer of laboratory and commercial equipment used in the production of micro and nano scale materials for the pharmaceutical and chemical markets idex enters pact to acquire microfluidics international close up media january 19 2011 microfluidics leading technology in particle size reduction and nanoparticle creation adds enabling technology to one of our key platforms supporting pharmaceutical research and production new andigo branch opens daily herald july 26 2018 the company noted its june acquisition of phantom controls a pump systems manufacturer that will be a part of its fire safety diversified products segment idex corp to acquire abel pumps daily herald january 12 2021 idex corp monday said it has entered into a definitive agreement to acquire abel pumps lp and certain of its affiliates from hillenbrand inc for cash consideration of 103 5 million abel designs and manufactures reciprocating positive displacement pumps for a variety of end markets including mining marine power water wastewater and other general industries idex corp to acquire airtech for 470 million daily herald april 29 2021 idex corp said it has agreed to acquire airtech group inc us valve corp and related entities airtech designs and manufactures a wide range of highly engineered pressure technology products including vacuum pumps regenerative blowers compressor systems and valves idex corporation aims to purchase muon group close up media september 29 2022 idex corporation reported that it has entered into a definitive agreement to acquire micro precision technology manufacturing company muon b v and its subsidiaries muon group for cash consideration of eur700 million idex adds muon group to health science technologies segment photonics spectra september 2022 retrieved march 3 2025 industrial equipment maker idex to buy mott corp for 1 billion reuters july 23 2024 retrieved january 10 2025 idex corporation financial overview smartfin retrieved 2025 08 07 idex tops quarterly estimates on demand for health and science products reuters 2025 05 01 retrieved 2025 08 07 idex corp slashes 2025 profit forecast on slow demand for industrial equipment reuters 2025 07 30 retrieved 2025 08 07 darby edwin february 2 1992 idex plans to ride the up cycle chicago sun times p 47 a decade later kk r assisted in the sale of a principal division to a british company and the reconstitution of the company as idex innovation diversity excellence as a public stock company 1 2 idex headquarters in northbrook debuts interior by general contractor skender daily herald november 24 2024 retrieved february 19 2025 1 2 soule alexander july 25 2024 connecticut based manufacturing company mott corp purchased for 1 billion connecticut insider retrieved february 19 2025 form 10 k sec gov february 14 2025 retrieved march 25 2025 jones al december 7 2013 idex corp ceo andrew silvernail is newest stryker board member mlive retrieved february 19 2025 business segments idexcorp com february 19 2025 retrieved february 19 2025 klicki rich january 29 2020 idex to move headquarters to northbrook daily herald retrieved february 19 2025 idex reports fourth quarter and full year 2024 results investors idexcorp com february 4 2025 retrieved february 6 2025 idex corp barrons com february 19 2025 retrieved february 19 2025 industrial equipment maker idex to buy mott corp for 1 billion reuters july 23 2024 retrieved february 19 2025 jones al december 7 2013 idex corp ceo andrew silvernail is newest stryker board member mlive retrieved february 19 2025 1 2 hale fire pumps leaving pa after nearly 100 years began in radnor main line times suburban september 23 2021 retrieved march 10 2025 1 2 cvi melles griot sold to idex corp for 400m optics org may 11 2011 retrieved march 10 2025 idex grows optics offering with iridian deal optics org april 27 2023 retrieved march 10 2025 v t e s p 500 companies energy apa corporation baker hughes chevron corporation conocophillips devon energy diamondback energy eog resources eqt corporation expand energy exxonmobil halliburton kinder morgan marathon petroleum occidental petroleum oneok phillips 66 slb targa resources texas pacific land corporation valero energy williams companies materials air products albemarle corporation amcor avery dennison ball corporation cf industries corteva crh plc dow chemical company dupont ecolab freeport mcmoran international flavors fragrances international paper linde plc lyondellbasell martin marietta materials newmont nucor packaging corporation of america ppg industries sherwin williams smurfit westrock steel dynamics vulcan materials company industrials 3m a o smith allegion ametek automatic data processing axon enterprise boeing broadridge financial solutions builders firstsource c h robinson carrier global caterpillar inc cintas comfort systems usa copart csx corporation cummins deere company delta air lines dover corporation eaton corporation emcor emerson electric equifax expeditors international fastenal fedex fedex freight ferguson enterprises fortive ge aerospace ge vernova generac general dynamics honeywell aerospace honeywell technologies howmet aerospace hubbell incorporated huntington ingalls industries idex corporation illinois tool works ingersoll rand j b hunt jacobs solutions johnson controls l3harris leidos lennox international lockheed martin masco nordson corporation norfolk southern railway northrop grumman old dominion freight line otis worldwide paccar parker hannifin paychex pentair quanta services rtx corporation republic services rockwell automation rollins inc snap on southwest airlines stanley black decker textron trane technologies transdigm group uber union pacific corporation united airlines united parcel service united rentals veralto verisk analytics vertiv w w grainger wabtec waste management inc xylem inc consumer discretionary airbnb amazon aptiv autozone best buy booking holdings carnival carvana chipotle mexican grill darden restaurants deckers brands domino s doordash d r horton ebay expedia group ford motor company garmin general motors genuine parts company hasbro hilton worldwide home depot las vegas sands lennar lowe s lululemon marriott international mcdonald s mgm resorts international nike inc norwegian cruise line holdings nvr inc o reilly auto parts pultegroup ralph lauren corporation ross stores royal caribbean group starbucks tapestry inc tesla inc tjx tractor supply company ulta beauty williams sonoma inc wynn resorts yum brands consumer staples altria archer daniels midland brown forman bunge global casey s church dwight clorox the coca cola company colgate palmolive constellation brands costco dollar general dollar tree estée lauder companies general mills the hershey company hormel foods kenvue keurig dr pepper kimberly clark kraft heinz kroger mccormick company molson coors mondelez international monster beverage pepsico philip morris international procter gamble the j m smucker company sysco target corporation tyson foods walmart health care abbott laboratories abbvie agilent technologies align technology amgen baxter international becton dickinson bio techne biogen boston scientific bristol myers squibb cardinal health cencora centene corporation charles river laboratories the cigna group cooper companies cvs health danaher corporation davita dexcom edwards lifesciences elevance health ge healthcare gilead sciences hca healthcare henry schein humana idexx laboratories incyte insulet intuitive surgical iqvia johnson johnson labcorp eli lilly and company mckesson corporation medtronic merck co mettler toledo moderna pfizer quest diagnostics regeneron pharmaceuticals resmed revvity solventum steris stryker corporation thermo fisher scientific unitedhealth group universal health services veeva systems vertex pharmaceuticals viatris waters corporation west pharmaceutical services zimmer biomet zoetis financials aflac allstate american express american international group ameriprise financial aon apollo global management arch capital group ares management arthur j gallagher co assurant bank of america berkshire hathaway blackrock blackstone inc block inc bny brown brown capital one cboe global markets charles schwab corporation chubb limited cincinnati financial citigroup citizens financial group cme group coinbase corpay erie indemnity everest group factset fis fifth third bank fiserv franklin resources global payments globe life goldman sachs the hartford huntington bancshares interactive brokers intercontinental exchange invesco jack henry associates jpmorgan chase keybank 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