IDEX Corporation

Halal Rating :
Comfortable
Last Price $183
Market Cap $13.86b
1D Change

0.65 %

1 Year Change

-9.06 %

Next Earnings Date

Yet to be announced

Company Overview

IDEX Corporation provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP) The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components.

Revenue Sources

Pass

Based on analysis of IDEX Corporation's business segments and revenue sources, their income comes primarily from manufacturing and selling industrial equipment, fluid handling systems, and safety products. None of their major revenue streams involve prohibited activities like gambling, alcohol, tobacco, or interest-based financial services.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
March 31, 2025 $814.3m $672.3m - - 0.00% 0.00%
Dec. 31, 2024 $862.9m $697.6m - - 0.00% 0.00%
Sept. 30, 2024 $798.2m $640.5m - $10.3m 0.00% 1.61%
June 30, 2024 $807.2m $632.6m - $8.1m 0.00% 1.28%

Analysis of the company's financial statements over the past four quarters shows that interest expense as a percentage of total expenses has remained consistently below the 5% threshold for all quarters. The company's interest expenses are primarily related to operational financing and do not indicate interest-based business activities as a core revenue source.

Operational Ethics

Pass

After reviewing IDEX Corporation's global operations and partnerships, no significant ongoing associations with entities involved in human rights violations were identified. While the company operates internationally, there is no evidence of material relationships with the Chinese Communist Party or the state of Israel.

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