IDEX Q4 sales rise 4%, beat expectations

IDEX

04/02/2026 12:11

Overview

Engineered products firm's Q4 sales rose 4%, beating analyst expectations

Adjusted EPS for Q4 increased 3%, beating analyst expectations

Company utilized $73 mln for share repurchases in Q4

Outlook

IDEX expects full-year 2026 organic sales to rise 1% to 2%

Company forecasts 2026 adjusted diluted EPS of $8.15 to $8.35

IDEX projects Q1 2026 organic sales to increase about 1% from prior year; sees adjusted diluted EPS of $1.73 to $1.78

Result Drivers

HST SEGMENT GROWTH - Order growth in HST segment driven by demand for AI-related projects, including data center power solutions and semiconductor applications

OPERATIONAL PRODUCTIVITY - Improved operational productivity and cost containment measures contributed to increased gross margin

SEGMENT CHALLENGES - FMT and FSDP segments faced lower volumes, partly offset by positive pricing strategies

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$899.10 mln
$882.43 mln (11 Analysts)
Q4 Adjusted EPS
Beat
$2.10
$2.04 (11 Analysts)
Q4 EPS
$1.71
Q4 Adjusted Net Income
Beat
$157.20 mln
$153.06 mln (6 Analysts)
Q4 Adjusted EBITDA
Beat
$240.90 mln
$215.20 mln (2 Analysts)
Q4 Adjusted Gross Margin
43.10%


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the industrial machinery & equipment peer group is "buy"

Wall Street's median 12-month price target for IDEX Corp is $201.00, about 0.3% below its February 3 closing price of $201.61

The stock recently traded at 24 times the next 12-month earnings vs. a P/E of 21 three months ago

Press Release: ID:nBw4TP6qCa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)