IDEX CORP DE
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
IEX$236.90+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Income
| For the Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Net sales | $3,268.8 | $3,273.9 | $3,181.9 |
| Cost of sales | 1,823.6 | 1,827.0 | 1,755.0 |
| Gross profit | 1,445.2 | 1,446.9 | 1,426.9 |
| Selling, general and administrative expenses | 758.7 | 703.5 | 652.7 |
| Restructuring expenses and asset impairments | 9.3 | 10.9 | 22.8 |
| Operating income | 677.2 | 732.5 | 751.4 |
| Gain on sale of businesses – net | (4.0) | (84.7) | (34.8) |
| Other (income) expense – net | (2.6) | 5.2 | (3.9) |
| Interest expense – net | 44.5 | 51.7 | 40.7 |
| Income before income taxes | 639.3 | 760.3 | 749.4 |
| Provision for income taxes | 134.7 | 164.7 | 162.7 |
| Net income | 504.6 | 595.6 | 586.7 |
| Net loss attributable to noncontrolling interest | 0.4 | 0.5 | 0.2 |
| Net income attributable to IDEX | $505.0 | $596.1 | $586.9 |
| Earnings per common share: | |||
| Basic earnings per common share attributable to IDEX | $6.66 | $7.87 | $7.74 |
| Diluted earnings per common share attributable to IDEX | $6.64 | $7.85 | $7.71 |
| Share data: | |||
| Basic weighted average common shares outstanding | 75.7 | 75.6 | 75.7 |
| Diluted weighted average common shares outstanding | 75.9 | 75.9 | 76.0 |
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