Slide 1: Fourth Quarter & Full Year 2017 Earnings
Fourth Quarter & Full Year 2017 Earnings January 30, 2018 IDEX Proprietary & Confidential
Slide 2: Agenda
AGENDA • IDEX’s Outlook • 2017 Financial Performance • Segment Performance • Fluid & Metering • Health & Science • Fire & Safety / Diversified Products • 2018 Guidance • Bridge • Summary • Q&A Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiarie
Slide 3: Replay Information
Replay Information • Dial toll–free: 877.660.6853 • International: 201.612.7415 • Conference ID: #13675214 • 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 3
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 2017 Financial Performance
IDEX 2017 Financial Performance (Dollars in millions, excl. EPS) Sales Adjusted EPS* Organic: 6% increase 15% increase $2,287 $2,500 $2,113 $4.31 $5.00 $3.75 $2,000 $4.00 Organic: 9% increase 17% increase $1,500 $3.00 $530 $586 $1,000 $0.96 $1.12 $2.00 $500 $1.00 $0 $0.00 Q4 Year Q4 Year 2016 2017 2
Slide 6: Fluid & Metering Technologies
Fluid & Metering Technologies (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 7% increase 200 bps increase $893 Organic: 6% increase $881 100 bps increase $845 $1,000 $1,000 $849 30.0% 28.4% 27.7% $800 $800 27.4% Organic: 9% increase Organic: 7% increase 28.0% $600 $600 $226 $
Slide 7: Health & Science Technologies
Health & Science Technologies (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 8% increase 170 bps increase Organic: 8% increase 330 bps increase $841 $820 22.5% $1,000 $761 $1,000 24.0% 22.3% $745 $800 $800 20.8% Organic: 7% increase Organic: 11% increase 22.0% $600 $600 19.0%
Slide 8: Fire & Safety / Diversified Products
Fire & Safety / Diversified Products (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 5% increase Organic: 4% increase $599 $588 250 bps increase $527 110 bps increase $600 $600 $520 28.0% 26.5% Organic: 12% increase 25.1% $400 Organic: 11% increase $400 26.0% $161 $156 24.0% $
Slide 9: 2018 Guidance Bridge
2018 Guidance Bridge 2018 Growth Expectations • ~ 5% organic revenue growth • Future acquisitions not contemplated below Brand names shown in this presentation are registered trademarks of IDEX Corporation and/or its subsidiaries IDEX Proprietary & Confidential 9
Slide 10: 2018 Guidance Summary
2018 Guidance Summary Q1 2018 – EPS estimate range: $1.20 - $1.24 – Organic revenue growth: ~ 5 - 6% – Operating margin: ~ 22.0% – Tax rate: ~ 22.5% – FX impact: ~ 3.0% topline tailwind based on December 31, 2017 FX rates – Corporate costs: ~ $17 - $18 million FY 2018 – EPS estimate range: $4.90 - $