NYSE$IEX
IDEX Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
IDEX achieved record sales and EPS, driven by broad-based strength across the enterprise.
IDEX Corporation reported record third-quarter results, with sales of $824 million, a 16% increase compared to the prior year period. Record reported EPS was $2.36, up 56% and record adjusted EPS was $2.14, up 20% vs. Q3 2021. The company raised its full-year GAAP EPS and adjusted EPS guidance to $7.75 to $7.80 and $8.04 to $8.09, respectively.
- Record reported EPS of $2.36, up 56% and record adjusted EPS of $2.14, up 20% vs. Q3 2021
- Record sales of $824 million, up 16% overall and 15% organically vs. Q3 2021
- Reported and adjusted operating margin of 24.5% and 24.9% were up 190 and 60 basis points, respectively, vs. Q3 2021
- Record cash from operations of $198 million was 111% of net income; record free cash flow of $182 million was 112% of adjusted net income
Headline financials
Revenue & EPS history
IDEX · Revenue · Quarterly
$824M
Revenue by segment
IDEX · $825M total across 3 segments · Q3 2022
- Health & Science Technologies$345M+14.1%41.8%
- Fluid & Metering Technologies$308M+22.4%37.3%
- Fire & Safety/Diversified Products$172M+8.4%20.9%
Forward guidance
Full year 2022 organic sales growth is projected to be approximately 12 percent over the prior year period, with a 9 percent organic sales increase in the fourth quarter of 2022 versus the prior year period. The Company expects full year 2022 reported EPS attributable to IDEX of $7.75 to $7.80 (adjusted EPS attributable to IDEX of $8.04 to $8.09) and fourth quarter 2022 reported EPS attributable to IDEX of $1.75 to $1.80 (adjusted EPS attributable to IDEX of $1.92 to $1.97).
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.8%
Avg return
30 days after
57%
39 / 68 earnings
Positive
+8.4%
Q2 2018
Best reaction
-9.6%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | +4.4% | +2.8% | |
| Q4 2025 | +5.3% | +4.5% | -1.8% | |
| Q3 2025 | +3.8% | +0.8% | +4.2% | |
| Q1 2025 | +0.7% | +3.2% | +4.0% | |
| Q4 2024 | -9.6% | -10.2% | -14.2% | |
| Q3 2024 | +6.7% | +5.5% | +12.8% | |
| Q2 2024 | -5.7% | -7.6% | -0.8% | |
| Q1 2024 | -2.3% | -4.0% | -6.2% | |
| Q4 2023 | +1.9% | +4.6% | +9.4% | |
| Q3 2023 | +0.2% | -1.1% | +3.4% | |
| Q2 2023 | +4.0% | +7.3% | +7.4% | |
| Q1 2023 | -3.5% | -4.0% | -5.5% | |
| Q4 2022 | -2.3% | -1.4% | -3.7% | |
| Q3 2022 | +6.1% | +7.6% | +13.7% | |
| Q2 2022 | +3.6% | +8.2% | +10.7% | |
| Q1 2022 | +0.2% | -1.0% | -1.4% | |
| Q4 2021 | -4.1% | -8.3% | -9.7% | |
| Q3 2021 | +0.5% | +0.6% | +6.7% | |
| Q2 2021 | -2.9% | +0.2% | -0.1% | |
| Q1 2021 | -0.2% | -0.6% | -1.6% | |
| Q4 2020 | -2.2% | +2.4% | +2.1% | |
| Q3 2020 | -9.2% | -10.4% | +0.8% | |
| Q2 2020 | -1.0% | -2.3% | +5.6% | |
| Q1 2020 | +0.7% | +4.0% | -0.8% | |
| Q4 2019 | -3.1% | -3.6% | -13.6% | |
| Q3 2019 | -2.0% | -0.2% | +2.5% | |
| Q2 2019 | +1.3% | +1.9% | -3.7% | |
| Q1 2019 | -0.1% | -0.0% | -2.4% | |
| Q4 2018 | +1.1% | +1.8% | +6.2% | |
| Q3 2018 | -4.8% | -4.6% | -0.4% | |
| Q2 2018 | +8.4% | +9.1% | +9.8% | |
| Q1 2018 | -2.1% | +0.0% | +1.0% | |
| Q4 2017 | +1.4% | -0.2% | -4.0% | |
| Q3 2017 | -0.3% | +1.0% | +1.5% | |
| Q2 2017 | +2.8% | +2.4% | -0.2% | |
| Q1 2017 | +7.1% | +9.2% | +14.1% | |
| Q4 2016 | -2.5% | -1.6% | +3.9% | |
| Q3 2016 | +0.4% | -0.1% | +6.9% | |
| Q2 2016 | +2.3% | +2.4% | +9.0% | |
| Q1 2016 | +0.8% | — | — | |
| Q4 2015 | -1.1% | — | — | |
| Q3 2015 | -0.1% | — | — | |
| Q2 2015 | +0.1% | — | — | |
| Q1 2015 | +0.7% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | +4.8% | — | — | |
| Q2 2014 | +1.8% | — | — | |
| Q1 2014 | +1.7% | — | — | |
| Q4 2013 | +4.3% | — | — | |
| Q3 2013 | +0.7% | — | — | |
| Q2 2013 | +1.7% | — | — | |
| Q1 2013 | +2.2% | — | — | |
| Q4 2012 | -2.9% | — | — | |
| Q3 2012 | +2.0% | — | — | |
| Q2 2012 | -2.7% | — | — | |
| Q1 2012 | -0.0% | — | — | |
| Q4 2010 | -0.8% | — | — | |
| Q4 2011 | -0.8% | — | — | |
| Q3 2011 | -4.8% | — | — | |
| Q2 2011 | -3.9% | — | — | |
| Q1 2010 | -3.0% | — | — | |
| Q1 2011 | +3.6% | — | — | |
| Q4 2008 | +3.7% | — | — | |
| Q3 2010 | +2.3% | — | — | |
| Q3 2009 | +2.3% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q2 2009 | +0.3% | — | — | |
| Q4 2009 | +0.3% | — | — |
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