IEX · 8-K · 20261028PR000026

Operating Cash Flow and Capex

IDEX CORP /DE/ · 2026-10-28 · Importance 47 · Surprise 22 · In source text

Third-quarter operating cash flow increased 18% to $239.5 million from $203.5 million, a $36.0 million increase; free cash flow rose to $214.3 million from $188.7 million. Capital expenditures were $25.2 million, up 70% from $14.8 million in the prior-year quarter, to support continued growth. The company attributed higher cash flows primarily to higher earnings and improved working capital, partly offset by higher capital expenditures and cash income tax payments.

Key facts

• IDEX third-quarter 2026 operating cash flow was $239.5 million, compared with $203.5 million in the prior-year quarter. source
• IDEX third-quarter 2026 free cash flow was $214.3 million, compared with $188.7 million in the prior-year quarter. source
• IDEX third-quarter 2026 capital expenditures were $25.2 million, compared with $14.8 million in the prior-year quarter. source
• IDEX third-quarter 2026 operating cash flow was 166% of net income, compared with 159% in the prior-year quarter. source
• IDEX third-quarter 2026 free cash flow conversion was 124%, compared with 123% in the prior-year quarter. source
• IDEX third-quarter 2026 operating cash flow and free cash flow increased primarily due to higher earnings and improved working capital, partly offset by higher current-period cash income tax payments. source
• IDEX’s higher third-quarter 2026 capital expenditures to support growth partly offset cash-flow improvements. source
• IDEX’s third-quarter 2026 operating cash flow increased partly because working capital improved, driven by shipment and receivables-collection timing in the prior-year period. source

Impact estimates