IEX On Other Exchanges
New York
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Company Description

Contact Info

1925 West Field Court

Suite 200

Lake Forest, IL 60045

United States

Phone: 847-498-7070


g platforms. This segment produces firefighting pumps and controls, rescue tools, lifting bags and other components and systems for the fire and rescue industry, engineered stainless steel banding and clamping devices used in various industrial and commercial applications, and precision equipment for dispensing, metering and mixing colorants and paints used in various retail and commercial businesses worldwide. Fire Suppression: Fire Suppression consists of the company’s Class 1, Hale and Godiva businesses, which produce truck-mounted and portable fire pumps, stainless steel valves, foam and compressed air foam systems, pump modules and pump kits, electronic controls and information systems, conventional and networked electrical systems, and mechanical components for the fire, rescue and specialty vehicle markets. Fire Suppression’s customers are primarily OEMs. Rescue: Rescue consists of the company’s Dinglee, Hurst Jaws of Life, Lukas and Vetter businesses, which produce hydraulic, battery, gas and electric-operated rescue equipment, hydraulic re-railing equipment, hydraulic tools for industrial applications, recycling cutters, pneumatic lifting and sealing bags for vehicle and aircraft rescue, environmental protection and disaster control, and shoring equipment for vehicular or structural collapse. Rescue’s customers are primarily public and private fire and rescue organizations. Band-It: Band-It is a major producer of stainless steel banding, buckles and clamping systems. Band-It products are used for securing exhaust system heat and sound shields, industrial hose fittings, traffic signs and signals, electrical cable shielding, identification and bundling, and in various other industrial and commercial applications. Band-It products primarily serve the automotive, transportation equipment, oil and gas, general industrial maintenance, electronics, electrical, communications, aerospace, utility, municipal and subsea marine markets. Dispensing: Dispensing produces precision equipment for dispensing, metering and mixing colorants and paints used in various retail and commercial businesses worldwide. Dispensing is a global supplier of precision-designed tinting, mixing, dispensing and measuring equipment for auto refinishing and architectural paints. Dispensing products are used in retail and commercial stores, hardware stores, home centers, department stores, automotive body shops, and point-of-purchase dispensers. Competition Principal competitors of the FMT segment are the Pump Solutions Group of Dover Corporation; Milton Roy LLC; and Tuthill Corporation. Principal competitors of the HST segment are the Thomas division of Gardner Denver, Inc.; Thermo Scientific Dionex products; Parker Hannifin; Valco Instruments Co., Inc.; and Gooch & Housego PLC. The principal competitors of the FSDP segment are Waterous Company, a unit of American Cast Iron Pipe Company; Holmatro, Inc.; CPS Color Group Oy; and Panduit Corporation. History IDEX Corporation, a Delaware corporation, was founded in 1987. The company was incorporated in 1987.


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Valuation IEX Industry Range
Price/Earnings 23.4x
Price/Sales 3.2x
Price/Book 4.5x
Price/Cash Flow 23.0x
TEV/Sales 2.6x

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