IDEX CORP DE
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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.
FY2024 · Filed Feb 20, 2025
IEX$226.99+2.0%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Table of Contents
| PART I. | Item 1. | Business | 3 |
|---|---|---|---|
| Item 1A. | Risk Factors | 15 | |
| Item 1B. | Unresolved Staff Comments | 21 | |
| Item 1C. | Cybersecurity | 21 | |
| Item 2. | Properties | 23 | |
| Item 3. | Legal Proceedings | 23 | |
| Item 4. | Mine Safety Disclosures | 23 | |
| PART II. | Item 5. | Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities | 24 |
| Item 6. | [Reserved] | 25 | |
| Item 7. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 26 | |
| Item 7A. | Quantitative and Qualitative Disclosures About Market Risk | 34 | |
| Item 8. | Financial Statements and Supplementary Data | 36 | |
| Management’s Report on Internal Control Over Financial Reporting | 36 | ||
| Report of Independent Registered Public Accounting Firm (PCAOB ID No. 34) | 37 | ||
| Consolidated Statements of Income | 40 | ||
| Consolidated Statements of Comprehensive Income | 41 | ||
| Consolidated Balance Sheets | 42 | ||
| Consolidated Statements of Equity | 43 | ||
| Consolidated Statements of Cash Flows | 44 | ||
| Notes to Consolidated Financial Statements | 45 | ||
| Note 1. Significant Accounting Policies | 45 | ||
| Note 2. Acquisitions and Divestitures | 50 | ||
| Note 3. Collaborative Investments | 58 | ||
| Note 4. Balance Sheet Components | 59 | ||
| Note 5. Revenue | 60 | ||
| Note 6. Goodwill and Intangible Assets | 62 | ||
| Note 7. Borrowings | 64 | ||
| Note 8. Fair Value Measurements | 66 | ||
| Note 9. Leases | 66 | ||
| Note 10. Commitments and Contingencies | 69 | ||
| Note 11. Share Repurchases | 69 | ||
| Note 12. Income Taxes | 69 | ||
| Note 13. Business Segments and Geographic Information | 72 | ||
| Note 14. Restructuring Expenses and Asset Impairments | 75 | ||
| Note 15. Share-Based Compensation | 76 | ||
| Note 16. Accumulated Other Comprehensive Loss | 81 | ||
| Note 17. Retirement Benefits | 81 | ||
| Note 18. Subsequent Events | 87 | ||
| Item 9. | Changes in and Disagreements with Accountants on Accounting and Financial Disclosure | 88 | |
| Item 9A. | Controls and Procedures | 88 | |
| Item 9B. | Other Information | 88 | |
| Item 9C. | Disclosure Regarding Foreign Jurisdictions that Prevent Inspections | 88 | |
| PART III. | Item 10. | Directors, Executive Officers and Corporate Governance | 89 |
| Item 11. | Executive Compensation | 89 | |
| Item 12. | Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters | 89 | |
| Item 13. | Certain Relationships and Related Transactions, and Director Independence | 89 | |
| Item 14. | Principal Accountant Fees and Services | 89 | |
| PART IV. | Item 15. | Exhibits and Financial Statement Schedules | 91 |
| Signatures | 95 | ||
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.