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Northbrook, Illinois-based IDEX Corporation (IEX) offers applied solutions globally. Valued at $16.4 billion by market cap, the company has a diverse portfolio of over 50 businesses, offering products like industrial pumps, lubrication systems, banding and clamping devices, and rescue tools.
Companies worth $10 billion or more are generally described as “large-cap stocks,” and IEX perfectly fits that description, with its market cap exceeding this mark, underscoring its size, influence, and dominance within the specialty industrial machinery industry. IEX derives its edge from manufacturing high-margin, mission-critical equipment with strong switching costs. Its disciplined 80/20 operating model optimizes profitability, while steady cash flows fund bolt-on acquisitions across resilient end-markets like life sciences and fire safety.
