IDEX CORP DE
For the period ended Dec 31, 2023. Filed Feb 22, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Feb 22, 2024
IEX$236.90+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Income
(In millions, except per share amounts)
| For the Year Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Net sales | $3,273.9 | $3,181.9 | $2,764.8 |
| Cost of sales | 1,827.0 | 1,755.0 | 1,540.3 |
| Gross profit | 1,446.9 | 1,426.9 | 1,224.5 |
| Selling, general and administrative expenses | 703.5 | 652.7 | 578.2 |
| Restructuring expenses and asset impairments | 10.9 | 22.8 | 9.3 |
| Operating income | 732.5 | 751.4 | 637.0 |
| Gain on sale of businesses - net | (84.7) | (34.8) | — |
| Other expense (income) - net | 5.2 | (3.9) | 16.2 |
| Interest expense | 51.7 | 40.7 | 41.0 |
| Income before income taxes | 760.3 | 749.4 | 579.8 |
| Provision for income taxes | 164.7 | 162.7 | 130.5 |
| Net income | 595.6 | 586.7 | 449.3 |
| Net loss attributable to noncontrolling interest | 0.5 | 0.2 | 0.1 |
| Net income attributable to IDEX | $596.1 | $586.9 | $449.4 |
| Earnings per common share: | |||
| Basic earnings per common share attributable to IDEX | $7.87 | $7.74 | $5.91 |
| Diluted earnings per common share attributable to IDEX | $7.85 | $7.71 | $5.88 |
| Share data: | |||
| Basic weighted average common shares outstanding | 75.6 | 75.7 | 76.0 |
| Diluted weighted average common shares outstanding | 75.9 | 76.0 | 76.4 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.