Slide 1: Third Quarter Earnings
Third Quarter Earnings October 18, 2016 IDEX Proprietary & Confidential
Slide 2: Agenda
AGENDA • IDEX’s Outlook • Q3 2016 Financial Performance • Q3 2016 Segment Performance • Fluid & Metering • Health & Science • Fire & Safety / Diversified Products • 2016 Guidance 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: #13620008 • 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* Organic: 2% Decrease 3% Increase $504 $530 $600 $0.92 $0.94 $400 $0.92 $0.89 $0.90 $200 $0.88 $0 $0.86 Q3 Q3 2015 2016 2015 2016 Adjusted Operating Margin* Free Cash Flow 60 bps Decrease 9% Increase $114 21.5% 20.9% $
Slide 6: Fluid & Metering
Fluid & Metering (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 1% Decrease Organic: Flat 340 bps Increase 26.7% $300 $210 $204 $212 $208 $300 27.0% $200 $200 25.0% 23.3% $100 $100 23.0% $0 $0 21.0% Q3 Q3 Q3 2015 2016 2015 2016 2015 2016 Q3 Sales Mix: Organic 0% Q3 Summary:
Slide 7: Health & Science
Health & Science (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 4% Increase Organic: 1% Decrease 140 bps Decrease $177 $186 $185 $184 21.7% $200 $200 22.0% $150 $150 20.3% 21.0% $100 $100 $50 $50 20.0% $0 $0 19.0% Q3 Q3 Q3 2015 2016 2015 2016 2015 2016 Q3 Sales Mix: Organic (
Slide 8: Fire & Safety / Diversified Products
Fire & Safety / Diversified Products (Dollars in millions) Orders Sales Adjusted Operating Margin* Organic: 4% Increase Organic: 6% Decrease 750 bps Decrease $140 $139 $150 $99 30.7% $150 $107 35.0% $100 30.0% 23.2% $100 25.0% $50 $50 20.0% $0 15.0% $0 Q3 Q3 Q3 2015 2016 2015 2016 2015 2016 Q3 Sales
Slide 9: Outlook: 2016 Guidance Summary
Outlook: 2016 Guidance Summary Q4 2016 – Adjusted EPS estimate range: $0.92 – $0.94 – Organic revenue growth: 1% – Adjusted operating margin: ~ 19.5% (including $5 million of inventory fair value step-up charge for SFC) – Tax rate: ~ 27% – Fx impact: ~1.0% topline headwind, based on September 30, 20