With a market cap of $16.6 billion, IDEX Corporation (IEX) is a diversified industrial company that provides highly engineered products and applied solutions to customers across the United States and international markets. The company operates through three business segments: Health & Science Technologies (HST); Fluid & Metering Technologies (FMT); and Fire & Safety/Diversified Products (FSDP), serving industries such as healthcare, life sciences, fluid handling, fire safety, and industrial manufacturing.
Companies valued at $10 billion or more are generally considered “large-cap” stocks, and IDEX fits this criterion perfectly. It develops and distributes a broad portfolio of specialized products, including precision pumps, flow control systems, medical devices, optical components, firefighting equipment, and dispensing technologies.
