IDEX Corp. (IEX) Tops Q4 EPS by 4c, Offers Guidance

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IDEX Reports Strong Fourth Quarter and Record Full Year 2022 Results

January 31, 2023 4:30 PM EST

Fourth Quarter Highlights

(All comparisons against the fourth quarter of 2021 unless otherwise noted)

Reported EPS of $1.71, up 10% and adjusted EPS of $2.01, up 18% Orders of $803.4 million, up 1% overall and 1% organically Sales of $810.7 million, up 13% overall and 12% organically Net income of $130.0 million; net income margin of 16.0%, down 60 basis points Adjusted EBITDA of $218.9 million; Adjusted EBITDA margin of 27.0%, up 10 basis points

Full Year Highlights

(All comparisons against the full year 2021 unless otherwise noted)

Record reported EPS of $7.71, up 31% and record adjusted EPS of $8.12, up... More