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Barchart
Barchart
Anushka Mukherjee

Is IDEX Corp Stock Underperforming the Dow?

iDEX IDEX Corporation GNRC

Illinois-based IDEX Corporation (IEX) builds the behind-the-scenes technologies that make everyday life safer, cleaner, and more connected. Its precision components help produce the microchips inside our electronics, treat water so it’s safe to drink, prevent sewer overflows, and enable global broadband satellite communications through advanced optics. IDEX’s specialized pumps handle some of the toughest fluids, from hot and viscous to corrosive. 

At the same time, its healthcare components support life-saving diagnostic equipment, including DNA sequencers that allow doctors to personalize treatments. Currently valued at roughly $13.4 billion by market capitalization, placing it firmly in “large-cap” territory, well above the $10 billion benchmark. The company’s journey began in 1988 with just three small, entrepreneurial manufacturing businesses. 

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