Idex Corporation · NYSE:IEX
Idex — Q3 2019 Earnings Presentation
9 slides from Idex's earnings presentation, Oct 30, 2019
Slide 1: Third Quarter 2019 Earnings
Third Quarter 2019 Earnings October 30, 2019 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 • 2019 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: #13684164 • 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* 8% increase Organic: Flat $623 $624 $1.41 $1.52 $2.00 $700 $1.50 $500 $1.00 $0.50 $300 $0.00 Q3 Q3 2018 2019 2018 2019 Adjusted Operating Margin* Free Cash Flow 120 bps increase 28% increase $146 25.2% 24.0% 26.0% $15
Slide 6: Fluid & Metering Technologies
Fluid & Metering Technologies (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: Flat Organic: 2% increase 270 bps increase $239 $241 32.2% $236 $233 $300 $300 33.0% 29.5% $200 $200 29.0% $100 $100 $0 $0 25.0% Q3 Q3 Q3 2018 2019 2018 2019 2018 2019 Q3 Sales Mix: Organic 2% Q3 Hig
Slide 7: Health & Science Technologies
Health & Science Technologies (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 6% decrease Organic: 1% increase 30 bps increase 23.8% $219 $230 23.5% $211 $222 $250 $250 24.0% $200 $200 22.0% $150 $150 $100 $100 20.0% Q3 Q3 Q3 2018 2019 2018 2019 2018 2019 Q3 Sales Mix: Organic
Slide 8: Fire & Safety / Diversified Products
Fire & Safety / Diversified Products (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 9% decrease Organic: 3% decrease 50 bps decrease 27.7% $160 $162 $154 27.2% $200 30.0% $200 $143 $150 $150 25.0% $100 $100 20.0% $50 $50 Q3 Q3 Q3 2018 2019 2018 2019 2018 2019 Q3 Sales Mix: Or
Slide 9: 2019 Guidance Summary
2019 Guidance Summary Q4 2019 – EPS estimate range: $1.33 – $1.35 – Organic revenue growth: Flat – Operating margin: ~23.5% – Tax rate: ~22.0% – FX impact: ~1.0% topline headwind based on September 30, 2019 FX rates – Corporate costs: ~$18 million FY 2019 – EPS estimate range: $5.80 – $5.82 – Organi