Slide 1: Third Quarter 2018 Earnings
Third Quarter 2018 Earnings October 24, 2018 IDEX Proprietary & Confidential
Slide 2: Agenda
AGENDA • IDEX’s Overview and Outlook • Q3 Financial Performance • Segment Performance • Fluid & Metering Technologies • Health & Science Technologies • Fire & Safety / Diversified Products • 2018 Guidance Summary • Q&A Brand names shown in this presentation are registered trademarks of IDEX Corporat
Slide 3: Replay Information
Replay Information • Dial toll–free: 877.660.6853 • International: 201.612.7415 • Conference ID: #13675421 • Log on to: www.idexcorp.com Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries IDEX Proprietary & Confidential 2
Slide 4: Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures
Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures This presentation and discussion will include forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These statements may relate to, among other thin
Slide 5: IDEX Q3 Financial Performance
IDEX Q3 Financial Performance (Dollars in millions, excl. EPS) Sales Adjusted EPS* 31% increase Organic: 9% increase $1.41 $1.08 $623 $574 $1.50 $700 $1.00 $500 $0.50 $300 $0.00 Q3 Q3 2017 2018 2017 2018 Adjusted Operating Margin* Free Cash Flow 200 bps increase 104% conversion $115 $114 24.0% 26.0%
Slide 6: Fluid & Metering Technologies
Fluid & Metering Technologies (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 12% increase Organic: 12% increase 140 bps increase $239 29.5% $236 $221 $216 $300 28.1% $300 30.0% $200 $200 28.0% $100 $100 26.0% $0 $0 24.0% Q3 Q3 Q3 2017 2018 2017 2018 2017 2018 Q3 Sales Mix: Or
Slide 7: Health & Science Technologies
Health & Science Technologies (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 8% increase Organic: 6% increase 130 bps increase 23.5% $219 $222 $202 $207 22.2% $250 $250 24.0% $200 $200 22.0% $150 $150 20.0% $100 $100 18.0% Q3 Q3 Q3 2017 2018 2017 2018 2017 2018 Q3 Sales Mix:
Slide 8: Fire & Safety / Diversified Products
Fire & Safety / Diversified Products (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 3% increase Organic: 11% increase 300 bps increase $162 27.7% $156 $160 $200 30.0% $147 $200 24.7% $150 $150 25.0% $100 $100 20.0% $50 $50 Q3 Q3 Q3 2017 2018 2017 2018 2017 2018 Q3 Sales Mix:
Slide 9: 2018 Guidance Summary
2018 Guidance Summary Q4 2018 – EPS estimate range: $1.25 – $1.27 – Organic revenue growth: 5 – 6% – Operating margin: ~ 23.0% – Tax rate: ~ 26% – FX impact: ~ 1.0% topline headwind based on September 30, 2018 FX rates – Corporate costs: $18 – $20 million FY 2018 – EPS estimate range: $5.35 – $5.37