Slide 1: IDEX Investor Presentation
IDEX Investor Presentation 2023 IDEX Proprietary & Confidential
Slide 2: Cautionary Statement; Safe Harbor; Non-GAAP Measures
Click to edit Master title style Cautionary Statement Under the Private Securities Litigation Reform Act; Non-GAAP Measures SAFE HARBOR STATEMENT This presentation contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. These stat
Slide 3: IDEX Corporation Overview
IDEX Corporation Click Overview to edit Master title style $3.2 BILLION SUPPLIER of highly engineered industrial and technology solutions for mission critical niches Differentiated style of competition and unique operating approach that create defensible competitive “moats” and 2022 Revenue $3.2B su
Slide 4: Our History
Our History Click to edit Master title style IDEX operates 100+ locations globally in highly diverse markets and industries 240 230 220 210 Global Leader in Fire & Safety 200 190 180 Create Sealing 170 Purchase Platform of Ag 160 Flagship 150 Stock Price $ Expand 140 Fire & Safety Presence Water/ In
Slide 5: Our Position: Markets & Geography
Our Position: Click to editMarkets Master & Geography title style Markets Geographies Other 7% Agriculture Industrial Strong Global Presence: 4% 19% • 52 North America Semiconductor 5% • 43 Europe • 14 Asia Paint 5% • 2 Australia • 1 South America Chemical 5% Fire & Safety 11% • Diversified portfoli
Slide 6: Our Structure
Our Structure Click to edit Master title style FLUID & METERING HEALTH & SCIENCE FIRE & SAFETY / TECHNOLOGIES TECHNOLOGIES DIVERSIFIED PRODUCTS 2022 REVENUE $1.2B $1.3B $0.7B % OF TOTAL 37% 42% 21% 2022 ADJUSTED EBITDA MARGIN% 32% 31% 27% Pumps Scientific Fluidics & Optics Dispensing Agriculture Mat
Slide 7: Our Performance
Our Performance Click to edit Master title style (Dollars in millions, except EPS) STRATEGY & OPERATING MODEL DELIVER OUTSTANDING FINANCIAL PERFORMANCE SALES $1,000 ADJUSTED EBITDA $3,500 4.6% CAGR 6.4% CAGR $3,000 $800 $2,500 $600 $2,000 $1,500 $400 $1,000 $200 $500 $0 $0 2013 2014 2015 2016 2017 2
Slide 8: Our Approach to Performance
OurClick Approach to edittoMaster Performance title style Disciplined Capital Deployment Distinctive Culture Great Businesses IDEX Proprietary & Confidential 8
Slide 9: Great Businesses
Great Businesses Click to edit Master title style Application Characteristics - Highly engineered - Mission-critical - Configurable components • Deep Moat Business Model - Market leadership (#1, #2) • Pricing Power - Asset light manufacturing - Defensible technology (minimal R&D) • High Margins - Sm
Slide 10: Great Businesses Drive Superior Returns on Operating Capital
Great Businesses Click Drivetitle to edit Master Superior style Value Operating Returns on Operating Capital 280% 260% 240% 220% 200% 180% 160% 140% 120% 100% 80% Peer Average 60% 40% 20% 0% OROC = EBITA / (Net Property Plant Equipment + Working Capital) Proxy Peers IDEX *Data from fiscal 2022 10-K
Slide 11: Distinctive Culture
Distinctive Click to Culture edit Master title style Philosophy - Decentralized management - Empowered teams - Accountability close to the customer • Entrepreneurial Differentiated Core Capabilities - Great Teams • Organic growth - Embrace 80/20 +200 bps over market - Customer Obsession • Adjusted E
Slide 12: The IDEX Difference
TheClick IDEXtoDifference edit Master title style • Values driven culture • Complexity reduction • Customer first • Develop great leaders • Streamlined, profitable businesses • Entrepreneurial • Build top performing teams • Allocate resources for growth • Highly innovative IDEX Proprietary & Confide
Slide 13: Disciplined Capital Deployment
Disciplined Capital Click to edit Deployment Master title style ROIC % Organic Investment - Fund growth and productivity 16.7 17.0 15.3 - Capacity Expansion 15.1 14.4 13.9 - Industrial automation Strategic M&A 2017 2018 2019 2020 2021 2022 - Disciplined & cognizant of valuations - M&A resources with
Slide 14: Creating Significant Shareholder Value
Creating Significant Click to Shareholder edit Master title style Value • Great Businesses Summary • Distinctive Culture 600% • Disciplined Capital Deployment 500% Total Shareholder Return% 400% Consistent outperformance 300% versus the S&P 500 200% 100% 0% 2012 2013 2014 2015 2016 2017 2018 2019 20
Slide 15: Q&A
Click to edit Master title style Q&A IDEX Proprietary & Confidential 15